NOT LISTED FOR SALE

2978 1st Ave SW Atlanta, GA 30315

Hammond Park Neighborhood

Estimated Value: $167,000 - $314,000

1 Bed
1 Bath
876 Sq Ft
$296/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $301,000 $344 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,631/month

Highlights

  • City View
  • Ranch Style House
  • No HOA
  • Deck
  • End Unit
  • Shed

About This Home

As of June 2023

This single family home features an in-law suite for rent, which has been completely remodeled featuring new flooring, windows, HVAC, roof, modern fixtures, upgraded electrical & plumbing, and fresh paint. This unit has its own private entrance, and features an open concept living area and kitchen with stainless steel appliances, and a large bedroom. The bathroom has been beautifully upgraded with a new vanity, shower, and tile work. The flat backyard offers plenty of space for relaxation & entertaining. This property is located in a desirable area conveniently close to the airport, downtown, Lakewood Amphitheater, and major interstates.

Last Agent to Rent the Property

JENELLE LEE STEPHENS

Coldwell Banker Realty License #392704 Listed on: 04/25/2023

Coldwell Banker Realty

Last Renter's Agent

No Sales Agent

Non-Mls Company License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,754

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Ranch Style House
  • Composition Roof
  • Brick Front

Interior Spaces

  • 876 Sq Ft Home
  • Rear Stairs
  • Vinyl Flooring
  • City Views

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $3,200
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,754

Year Built

Built in 1960 | Remodeled

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Pet Deposit: 250
  • Security Deposit: 3200

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1960
  • ArchitecturalStyle: Brick Front, Ranch
  • Levels: One
  • Lot Size Acres: .20
  • Other Sturctures: Shed(s)
  • Property Sub-Type: Other
  • Structure Type: Other
  • Min Rental Period Months: 12
  • Use Rent Spree: No
  • Total Finished Area2: 876
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Gas Water Heater, Other, Refrigerator, Washer
  • Bedrooms: 1
  • Basement: None
  • Total Finished Sq Ft: 876
  • Above Grade Finished Sq Ft: 876
  • Interior Amenities: Other, Rear Stairs
  • Full Bathrooms: 1
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Price Per Square Foot: 1.94063

Beds/Baths

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

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Brick, Other
  • Fencing: Back Yard, Fenced, Wood
  • Lot Features: Level, Other
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Features: Off Street, Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None
  • PetsAllowed: Yes

Fee Information

  • Fee Paid: No
  • Association Fee Includes: None

Schools

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

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Apr 17, 2023
Sold by
Walls Investment Properties Llc
Bought by
Ifedi Jonathan
Seller's Agent
JENELLE LEE STEPHENS
Coldwell Banker Realty
Buyer's Agent
No Sales Agent
Non-Mls Company
Sold Price
$1,700
Views
82
Current Estimated Value
$259,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,405
Avg. Annual Appreciation
-6.22%
Original Mortgage
$287,120
Outstanding Balance
$279,732
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$21,703

Purchase Details

Closed on
Oct 28, 2022
Sold by
Walls Investment Properties Llc
Bought by
Tops Housing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2022
Sold by
Heywood Mercy
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
$132,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2014
Closed on
Oct 28, 2014
Sold by
Grim John L
Bought by
Heywood Mercy
Seller's Agent
Christina Poodt
BHGRE Metro Brokers
Buyer's Agent
Sean Carter
NOT A VALID MEMBER
List Price
$28,900
Sold Price
$20,000
Premium/Discount to List
-$8,900
-30.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.50%
Original Mortgage
$15,000
Interest Rate
3.44%

Purchase Details

Closed on
Jul 3, 2003
Sold by
Clark Benjamin W
Bought by
Grim John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2002
Sold by
Holsomback Terry J
Bought by
Clark Benjamin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 1998
Sold by
Sec Hud
Bought by
Holsombach Terry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,484
Interest Rate
6.76%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 1998
Sold by
Temple & Inland Mtg Corp
Bought by
Sec Hud

Purchase Details

Closed on
Apr 4, 1997
Sold by
Sweatman Carroll C
Bought by
Rakestraw Lucious J
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
Ifedi Jonathan $301,000 --
Tops Housing Llc $62,000 --
Walls Investment Properties Llc $115,000 --
Heywood Mercy $20,000 --
Grim John L $95,000 --
Clark Benjamin W $69,000 --
Holsombach Terry J -- --
Sec Hud -- --
Temple Inland Mtg Corp $38,300 --
Rakestraw Lucious J $39,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ifedi Jonathan $287,120
Previous Owner Walls Investment Properties Llc $132,000
Previous Owner Heywood Mercy $15,000
Previous Owner Grim John L $85,500
Previous Owner Clark Benjamin W $51,750
Previous Owner Holsombach Terry J $49,484
Closed Rakestraw Lucious J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2023 06/04/23 Rented $1,700 +6.3% --
04/25/2023 04/25/23 For Rent $1,600 0.0% --
04/17/2023 04/17/23 Sold $301,000 -4.4% $277 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $315,000 +1475.0% $290 / Sq Ft
10/28/2014 10/28/14 Sold $20,000 -30.8% $23 / Sq Ft
10/18/2014 10/18/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $28,900 -- $33 / 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 $2,754 $87,920 $18,320 $69,600
2023 $3,448 $83,280 $17,560 $65,720
2022 $2,182 $53,920 $13,520 $40,400
2021 $1,674 $41,320 $13,960 $27,360
2020 $1,350 $32,960 $7,600 $25,360
2019 $485 $25,400 $5,360 $20,040
2018 $301 $7,280 $1,960 $5,320
2017 $301 $6,960 $1,880 $5,080
2016 $301 $6,960 $1,880 $5,080
2015 $770 $6,960 $1,880 $5,080
2014 $316 $6,960 $1,880 $5,080
Source: Public Records

Agents Affiliated with this Home

  • JENELLE LEE STEPHENS

    Landlord's Agent in 2023

    JENELLE LEE STEPHENS

    Coldwell Banker Realty

    (404) 436-6569

    1 in this area

    25 Total Sales

    JENELLE LEE STEPHENS
    Section Image

  • G

    Seller's Agent in 2023

    GABRIEL BETTSACK

    Keller Williams Realty Atlanta North

    (404) 410-0994

    12 in this area

    53 Total Sales

    GABRIEL BETTSACK
    Section Image

  • N

    Tenant's Agent in 2023

    No Sales Agent

    Non-Mls Company

  • Christina Poodt

    Seller's Agent in 2014

    Christina Poodt

    Better Homes and Gardens Real Estate

    (404) 843-2500

    9 Total Sales

    Christina Poodt
    Section Image

  • S

    Buyer's Agent in 2014

    Sean Carter

    NOT A VALID MEMBER

    Section Image
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Map

Source: Georgia MLS

MLS Number: 10152729

Georgia MLS

APN: 14-0093-0004-066-6

Georgia Fulton County Atlanta 30315 Hammond Park

2978 1st Ave SW, Atlanta, GA

This home is located at 2978 1st Ave SW, Atlanta, GA 30315 since 25 April 2023 and is currently priced at $259,105. This property was built in 1960. 2978 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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