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Backup Offers

555 Paines Ave NW, Atlanta, GA, 30318

$150,000

Home List Price

$1,781*

Closing Credit

0 Baths
2,236 SqFt
$67/SqFt
House
Schools Nearby

Location

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555 Paines Ave NW, Atlanta$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1925
HeatingNone
CoolingNone
WaterfrontNone
FireplaceNone
ViewOther
MLS #7379865
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 555 Paines Ave NW

LOCATION! LOCATION! LOCATION! Incredible Investor/Builder/Developer Opportunity in one of Atlanta's fasted changing neighborhoods! Sought-After English Avenue/Vine City area - this property is minutes from Downtown Atlanta, Mercedes Benz Stadium, GWCC/CNN, 16 Acre Rodney Cook Park (Multi-Million Dollar Project), the new Echo Street West Multi-Use Development (similar to Ponce City Market concept) Georgia Aquarium, Westside Reservoir Park/Bellwood Quarry, Atlanta Beltline and so much more! Complete tear down, Use the opportunity to expand to multi-family. Fantastic opportunity to buy in the heart of the city in an area that is appreciating rapidly! Excellent rental potential in a walkable area - perfect for student rental property, buy and hold, or fix and flip. Sold AS-IS, no disclosures. Easy access to I-75/I-85/I-20. CAUTION! PROPERTY HAS FIRE DAMAGE! Please see Private Remarks.

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame
  • Year Built: 1925
  • Living Area: 2,236 SqFt

Listing Office:

  • Office Name: Virtual Properties Realty.com
  • Listing Agent: Nytia Porter

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: No
  • Flooring Type: None
  • Interior: Other
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other
  • Exterior: None

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Brown Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: I-85 SOUTH TAKE 249D TOWARDS US 78/NORTH AVENUE. TURN RIGHT NORTH AVE. SLIGHT LEFT NORTH AVENUE NW. LEFT ON PAINES AVENUE NW

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $67/SqFt

Tax Information:

  • Annual Amount: $1,585
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

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Atlanta, GA

City

Med. Sold Price

$420.1K

Med. Price/SqFt

$253

Avg. Days On Market

35

# of Sold Homes

1294

555 Paines Ave NW vs Atlanta

25 DAYS ON ROCKET

-10 Days

$150,000

-$270.1K Less

$67/SqFt

-$186 Less

KEY TAKEAWAY

This property is $270.1K less than the Median Sold Price and $186/SqFt less than other homes in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7379865

Listing Office:

  • Office Name: Virtual Properties Realty.com
  • Listing Agent: Nytia Porter

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 7:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 10, 2005Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,585$38,280
2019$894$21,760
2017$129$2,980

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-3905677
3
/10

  • Brown Middle School

  • 765 Peeples St SW

  • 2.50 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,632. The majority of Atlanta, GA residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 555 Paines Ave NW

What is the listing price of this property?

The listing price of 555 Paines Ave NW property is $150,000.

What type of property is this?

The property 555 Paines Ave NW is a house located in Atlanta, Georgia, 30318.

Is this property for sale now?

Accepting Backup Offers: 555 Paines Ave NW is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 555 Paines Ave NW are:
Brown Middle School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,585 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 10, 2005 for $165,000. (source: MLS/tax record).

What is the square footage of this property?

The property 555 Paines Ave NW is 2,236 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 555 Paines Ave NW is 1925.

Rocket Homes›Georgia›Fulton County›Atlanta›30318›555 Paines Ave NW

This home is located at 555 Paines Ave NW in Atlanta, GA and zip code 30318 in the Westside neighborhood. This 2,236 square foot home, which was built in 1925, sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $150,000.

Atlanta, GA housing market in April 2024 saw over 335 listings sold above listed price, more than 294 sold at listed price and over 601 sold below. In April 2024 in Atlanta, GA there were 16.3% more homes for sale than in March 2024. Listings spent 35 days on the market in April 2024, and had a median list price of $420,124 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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