NOT LISTED FOR SALE

2040 Penelope St NW Atlanta, GA 30314

Dixie Hills Neighborhood

Estimated Value: $209,000 - $269,000

3 Beds
1 Bath
1,042 Sq Ft
$218/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $137,000 $131 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,387/month

6 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Solid Surface Countertops
  • Breakfast Area or Nook
  • Bungalow

About This Home

As of February 2024

Incredible investment opportunity in Atlanta! This 3-bedroom, 1-bathroom property boasts a recently updated interior, offering modern comfort and style. While the exterior may need some repairs, the potential for a fantastic return on investment is undeniable. DonCOt miss out on this chance to invest in a promising property in a thriving location. NOTE: Principals of the seller may share ownership in a licensed real estate brokerage.

Last Agent to Sell the Property

Jennifer Isenberg

Padly Realty License #422654 Listed on: 01/19/2024

Last Buyer's Agent

No Sales Agent

Non-Mls Company License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1938

Lot Details

  • 0.43 Acre Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,042 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • J. L. Invictus Academy Middle School
  • Douglass High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Property/Rc Fain Estate Subdivision

Listing and Financial Details

  • Tax Lot 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,460

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 05
  • Year Built: 1938
  • ArchitecturalStyle: Brick 4 Side, Bungalow/Cottage
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .43
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1042
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Other, Refrigerator
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1042
  • Above Grade Finished Sq Ft: 1042
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Breakfast Area, Solid Surface Counters
  • Price Per Square Foot: 131.477

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Other
  • High School: Douglass
  • Middle School: J. L. Invictus Academy
  • Elementary School: Other
  • Middle School: J. L. Invictus Academy
  • High School: Douglass

Lot Info

  • Lot: 6
  • Deed Book: 56898
  • Deed Page: 665

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2460

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Feb 23, 2024
Sold by
Padly Llc
Bought by
Hgm Investments Llc
Seller's Agent
Jennifer Isenberg
Padly Realty
Buyer's Agent
No Sales Agent
Non-Mls Company
List Price
$165,000
Sold Price
$137,000
Premium/Discount to List
-$28,000
-16.97%
Views
174
Current Estimated Value
$226,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,964
Avg. Annual Appreciation
38.50%

Purchase Details

Listed on
Jan 19, 2024
Closed on
Feb 22, 2024
Sold by
Reggies House Llc
Bought by
Padly Llc
Seller's Agent
Jennifer Isenberg
Padly Realty
Buyer's Agent
No Sales Agent
Non-Mls Company
List Price
$165,000
Sold Price
$137,000
Premium/Discount to List
-$28,000
-16.97%
Views
174

Purchase Details

Closed on
Jul 13, 2017
Sold by
Berry Reginald
Bought by
Reggies House Llc

Purchase Details

Listed on
Aug 18, 2016
Closed on
Nov 18, 2016
Sold by
Andre
Bought by
Berry Reginald
Seller's Agent
Harlan Vincent
Provision Realty, Inc.
Buyer's Agent
Rebekah Loveless
NOT A VALID MEMBER
List Price
$70,000
Sold Price
$63,000
Premium/Discount to List
-$7,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.64%
Original Mortgage
$47,250
Interest Rate
3.52%

Purchase Details

Closed on
Feb 17, 2014
Sold by
Few Helen
Bought by
Terrell Andre

Purchase Details

Closed on
May 14, 2011
Sold by
Few Henry H
Bought by
Stephens Gina F
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hgm Investments Llc $137,000 --
Padly Llc $117,795 --
Reggies House Llc $23,400 --
Berry Reginald $63,000 --
Terrell Andre $5,000 --
Stephens Gina F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berry Reginald $47,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $137,000 -17.0% $131 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $165,000 +161.9% $158 / Sq Ft
11/18/2016 11/18/16 Sold $63,000 -3.1% $60 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/13/2016 09/13/16 Price Changed $65,000 -7.1% $62 / Sq Ft
08/18/2016 08/18/16 For Sale $70,000 -- $67 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,917 $117,200 $33,600 $83,600
2023 $1,917 $60,080 $33,600 $26,480
2022 $2,431 $60,080 $33,600 $26,480
2021 $1,037 $25,600 $7,440 $18,160
2020 $1,036 $25,280 $7,360 $17,920
2019 $491 $10,160 $2,720 $7,440
2018 $388 $9,360 $4,720 $4,640
2017 $280 $6,480 $4,000 $2,480
2016 $281 $6,480 $4,000 $2,480
2015 $773 $6,480 $4,000 $2,480
2014 $294 $6,480 $4,000 $2,480
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jennifer Isenberg

    Padly Realty

    Section Image

  • N

    Buyer's Agent in 2024

    No Sales Agent

    Non-Mls Company

  • Harlan Vincent

    Seller's Agent in 2016

    Harlan Vincent

    Provision Realty, Inc.

    (770) 310-8172

    13 Total Sales

    Harlan Vincent
    Section Image

  • R

    Buyer's Agent in 2016

    Rebekah Loveless

    NOT A VALID MEMBER

See All Agents

Map

Source: Georgia MLS

MLS Number: 10243596

Georgia MLS

APN: 14-0173-0010-049-7

Georgia Fulton County Atlanta 30314 Dixie Hills

2040 Penelope St NW, Atlanta, GA

This home is located at 2040 Penelope St NW, Atlanta, GA 30314 since 19 January 2024 and is currently estimated at $226,964, approximately $217 per square foot. This property was built in 1938. 2040 Penelope St NW is a home located in Fulton County with nearby schools including Frederick Douglass High School, Kipp Strive Academy, and KIPP Strive Primary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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