$198,000

541 W Lake Ave NW Atlanta, GA 30318

Grove Park Neighborhood

Estimated payment $1,227/month

3 Beds
1 Bath
980 Sq Ft
$202 Price per Sq Ft

Highlights

  • Property is near public transit
  • 1-Story Property
  • Central Heating
  • No HOA

About This Home

Great opportunity for an Owner Occupant. This property is great for a 1st time home buyer. Bring your imagination and decorator skills and make this your cozy personal haven. Great property for a 203-K Rehab loan. Great opportunity for an Investor looking for rental property. Property is being Sold "AS IS"

Listing Agent

Carrie Nolen

Apollo Associates Realty License #207674 Listed on: 10/30/2025

Co-Listing Agent

Beverly Young

Apollo Associates Realty License #284038

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,289

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Composition Roof

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Pull Down Stairs to Attic
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Heating
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,289

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • ArchitecturalStyle: Other
  • Co List Office: APOL
  • Levels: One
  • Lot Size Acres: .15
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Oven/Range (Combo), Refrigerator
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 980
  • Above Grade Finished Sq Ft: 980
  • Interior Amenities: Master On Main Level, Pulldown Attic Stairs, Tile Bath
  • Full Bathrooms: 1
  • Flooring: Other

Beds/Baths

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

Exterior Features

  • Construction Materials: Other
  • Lot Features: Sloped
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: None
  • Heating: Central
  • Laundry Features: None
  • Sewer: Private Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Walk To Public Transit

Fee Information

  • Association Fee Includes: None

Schools

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

Tax Info

  • Year: 24
  • Tax Annual Amount: 2289.37

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $1,784 $54,320 $17,360 $36,960
2023 $2,315 $55,920 $18,680 $37,240
2022 $1,578 $39,000 $15,520 $23,480
2021 $1,376 $33,960 $12,920 $21,040
2020 $1,173 $28,640 $12,400 $16,240
2019 $487 $21,760 $9,240 $12,520
2018 $366 $8,840 $2,200 $6,640
2017 $368 $8,520 $2,120 $6,400
2016 $15 $8,520 $2,120 $6,400
2015 $16 $8,520 $2,120 $6,400
2014 -- $3,800 $760 $3,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2025 10/30/25 For Sale $198,000 0.0% $202 / Sq Ft
09/14/2022 09/14/22 Rented $1,300 0.0% --
08/15/2022 08/15/22 Price Changed $1,300 -3.7% $1 / Sq Ft
08/09/2022 08/09/22 Price Changed $1,350 -3.6% $1 / Sq Ft
07/29/2022 07/29/22 For Rent $1,400 0.0% --
06/30/2022 06/30/22 Sold $180,000 -10.0% $184 / Sq Ft View Prior Sale
06/15/2022 06/15/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $200,000 -- $204 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,000 New Conventional
Source: Public Records

Source: Georgia MLS

MLS Number: 10634730

Georgia MLS

APN: 14-0146-0002-011-1

Georgia Fulton County Atlanta 30318 Grove Park

541 W Lake Ave NW, Atlanta, GA

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.

Nearby Homes
Listing Agent
Carrie Nolen
Section Image
Apollo Associates Realty
(470) 541-5661