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$460,000

Beds
3
Baths
2.5
sq ft
1,850

551 Lake Dr, Atlanta, GA 30354

551 Lake Dr

Atlanta, GA 30354

  • 163 days on market
    • Price drop $10,000↓
This beautiful Hapeville bungalow welcomes you with tons of charm and a large covered front porch. Inside, you’ll find an open concept floor plan with high ceilings, recessed lighting, hard surface floors in all room and an all-white kitchen with quartz counters, soft close cabinets, walk in pantry and a massive kitchen island. The oversized bedrooms feature a tiled jack-and-jill bath with double vanity, and the master bedroom features a large walk-in closet and spa like bath with a free-standing tub and large tile shower with frameless glass. Topping off this home is a large private rear deck. New plumbing, electrical, systems, architectural shingles, Hardie siding… this house is new from the foundation up! Before closing, seller shall install stainless steel appliances including fridge (see photos for sample of appliance package). Great in-town location that is a short 10 minute walk from downtown Hapeville where you’ll find a great variety of shops and restaurants.

Details

Property type

Single Family Residence

Est. home value

$245,749

Property condition

New Construction

Lot size

7,797 sq ft

Price per sq ft

$249

Year built

1945

Annual property taxes

$922

HOA

No

Price History

02/04/2025
FMLS

FMLS #7455673

Price change
$460,000
-2.13%
10/08/2024
FMLS

FMLS #7455673

Price change
$470,000
-2.08%
09/13/2024
FMLS

FMLS #7455673

Listed
$480,000
+1645.45%

Schools & Community

Elementary school: 

Hapeville

Middle school: 

Paul D. West

High school: 

Tri-Cities

Seller’s Loan History

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

Lender

Skybeam Capital Reit

Loan start date

July 2021

Original loan amount

$253,000

Est. remaining balance

$0

Interest rate

3%

Loan type

New Conventional, 1 year

Seller

Freitus Enterprises Inc

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: 02/23/2025 at 3:15 PM

Listing updated: 02/06/2025 at 12:20 PM

Listed by: Joel G Madden, Keller Wms Re Atl Midtown Phone #: (404) 604-3100

MLS: FMLS #7455673

FMLS logo

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