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$595,000

Beds
2
Baths
2.0
sq ft
Unknown

38 Bates Ave SE, Atlanta, GA 30317

38 Bates Ave SE

Atlanta, GA 30317

  • 7 days on market
This home was once set up as 4 bedroom 2 bath home, but is currently set up as duplex which could be converted back to a single residence with lots of flexible space. Don’t miss this cozy well maintained duplex in the heart of Kirkwood! Each brick one-bedroom, one-bath unit showcases classic charm with hardwood floors, a decorative fireplace, an updated kitchen, updated paint colors, a separate dining area or flex space, a washer/dryer area, and a private covered porch. This versatile property is perfect for living on one side while renting or Airbnb-ing the other. Both units are well maintained, with Unit 40 being fully furnished. Utilities are separately metered, except for water. Situated just a few blocks from downtown Kirkwood’s vibrant shops and restaurants. Double the charm, double the opportunity—live, rent, or invest in this ideal duplex! (officially 38 & 40 Bates Ave. SE)

Details

Property type

Single Family Residence

Est. home value

$547,219

Lot size

3,049 sq ft

Price per sq ft

Unknown

Year built

1930

Annual property taxes

$8,567

HOA

No

Price History

02/24/2025
FMLS

FMLS #7530076

Listed
$595,000
+16.67%
02/17/2023
FMLS

FMLS #7154051

Sold
$510,000
+37.1%
07/29/2019
FMLS

FMLS #6552381

Sold
$372,000

Schools & Community

Neighborhood: 

Kirkwood

Elementary school: 

Dekalb - Other

Middle school: 

Dekalb - Other

High school: 

Dekalb - Other

Community features: 

Restaurant, Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$178,849
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$368,551
Cash to seller
$178,849

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Everett Financial

Loan start date

February 2023

Original loan amount

$377,400

Est. remaining balance

$368,551

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Frank Helmer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/03/2025 at 3:00 PM

Listing updated: 02/27/2025 at 12:50 PM

Listed by: John Lula, Lula Realty, LLC. Phone #: (678) 773-2195

MLS: FMLS #7530076

FMLS logo

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