NOT LISTED FOR SALE

2955 1st Ave SW Atlanta, GA 30315

Hammond Park Neighborhood

Estimated Value: $172,000 - $284,000

2 Beds
2 Baths
1,044 Sq Ft
$224/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $259,000 $248 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,418/month

8 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of June 2023

Attention, investors! Seize the opportunity to acquire a recently renovated SECTION 8 duplex-style home generating $2600 monthly income. This solid brick SFR offers a main unit (1 bed, 1 bath) and an in-law suite (1 bed, 1 bath) in a prime location. Comparable homes on the street sell in the 300s, highlighting strong market value. Renovations include a new HVAC system, remodeled bathroom, upgraded kitchen, windows, doors, tankless water heater, flooring, paint, driveway, and electrical. Proximity to the airport, downtown, and key amenities enhances desirability. Don't miss out on this exceptional CASH COW opportunity!

Last Agent to Sell the Property

GABRIEL BETTSACK

Keller Williams Realty Atlanta North License #328792 Listed on: 05/11/2023

Keller Williams Realty Atlanta North

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,061

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 10,454

Home Design

  • Brick Exterior Construction

Parking

  • Carport
  • Parking Pad

Schools

  • Hutchinson Elementary School
  • Long Middle School
  • South Atlanta High School

Additional Features

  • 1-Story Property
  • 10,454 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for electricity, sewer, water

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hammond Park Subdivision

Building Details

  • Gross Income $2,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,061

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1961
  • Financing Type: Other
  • Levels: One
  • Lot Size Acres: .24
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 1120833

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Carport, Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hutchinson
  • High School: South Atlanta
  • Middle School: Long
  • Elementary School: Hutchinson
  • Middle School: Long
  • High School: South Atlanta

Lot Info

  • Deed Book: 66438
  • Deed Page: 293

Rental Info

  • Owner Pays: Electricity, Sewer, Water

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2061

Multi Family

  • GrossIncome: 2600
  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 13, 2023
Sold by
Wall Investment Properties Llc
Bought by
Yhm 4 Llc
Seller's Agent
GABRIEL BETTSACK
Keller Williams Realty Atlanta North
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$269,000
Sold Price
$259,000
Premium/Discount to List
-$10,000
-3.72%
Views
254
Current Estimated Value
$233,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,361
Avg. Annual Appreciation
-3.06%

Purchase Details

Closed on
Dec 23, 2022
Sold by
Ewers Rick
Bought by
Walls Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.58%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Oct 13, 2006
Sold by
Garcia Dave A
Bought by
Dobbs Thomas and Ewers Rick
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
Yhm 4 Llc $259,000 --
Walls Investment Properties Llc $160,000 --
Dobbs Thomas $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yhm 4 Llc $192,500
Previous Owner Walls Investment Properties Llc $144,000
Previous Owner Ewers Rick $69,000
Previous Owner Ewers Richard $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $259,000 -3.7% $248 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $269,000 -- $258 / 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 $2,210 $63,720 $19,280 $44,440
2023 $2,744 $66,280 $18,480 $47,800
2022 $2,061 $50,920 $14,240 $36,680
2021 $1,601 $39,520 $14,680 $24,840
2020 $1,270 $31,000 $8,000 $23,000
2019 $485 $23,880 $5,640 $18,240
2018 $288 $6,960 $2,080 $4,880
2017 $289 $6,680 $2,000 $4,680
2016 $289 $6,680 $2,000 $4,680
2015 $758 $6,680 $2,000 $4,680
2014 $303 $6,680 $2,000 $4,680
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    GABRIEL BETTSACK

    Keller Williams Realty Atlanta North

    (404) 410-0994

    11 in this area

    51 Total Sales

    GABRIEL BETTSACK
    Section Image
  • Glenda Broker

    Buyer's Agent in 2023

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10158766

Georgia MLS

APN: 14-0093-0004-035-1

Georgia Fulton County Atlanta 30315 Hammond Park

2955 1st Ave SW, Atlanta, GA

This home is located at 2955 1st Ave SW, Atlanta, GA 30315 since 11 May 2023 and is currently estimated at $233,639, approximately $223 per square foot. This property was built in 1961. 2955 1st Ave SW is a home located in Fulton County with nearby schools including Hutchinson Elementary School, Long Middle School, and South Atlanta High School.

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.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

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