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Map
$230,000 - $280,000
●
House -
Off Market
514 S Evelyn Place NW
Atlanta, GA 30318
3 Beds
1 Bath
2400 Sqft
About This Property
Amazing fixer-upper for savvy investors located in the heart of
GROVE PARK. Grove Park is one of the hottest locations for flipping
houses or holding. You can maximize profit value by renovating the
unfinished basement as a 2/2 and the upstairs as 4/2; therefore,
the ARV value will range from $450k to the high $400s. The property
is in good condition and only requires updates, resurfacing
hardwood floors, and finishing the basement for a 2-bedroom in-law
suite. Comps for 4-bedroom houses sold in the mid $400s.
Renovations are estimated to cost $80,000 in upgrades for the main
level, along with a 2-bedroom in-law suite. Total profit gains are
estimated at $75k to $110k after flipping. Fully renovated homes
with in-law suites in the basement sell faster to retail buyers
(like first-time home buyers) because it offsets the mortgage
payments. Please do all your due diligence prior to going under
contract. First-time home buyers can rent out the in-law suite unit
and live in the main unit. Five-month owner financing is available
for fix & flip investors! Schedule a showing today.
The manager has listed the unit size as 2400 square feet.
The manager has listed the unit size as 2400 square feet.
Unit Size
2,400Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$106
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 8, 2024 | No longer available | - | |
No longer available | |||
Mar 16, 2024 | Listed | $255,000 | |
Listed |
Property Highlights
Air Conditioning
Exterior Details
Exterior Information
Brick
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
4
Beds
2
Baths
1,500 ft²
$167/ft²
$250,000
Mar 13, 2024
-
$337/mo
House
4
Beds
2
Baths
1,200 ft²
$225/ft²
$269,900
Feb 12, 2024
-
$191/mo
Active
House
3
Beds
1
Bath
1,243 ft²
$205/ft²
$255,000
Mar 16, 2024
-
$4/mo
In Contract
House
3
Beds
2
Baths
1,483 ft²
$182/ft²
$269,500
Jan 11, 2024
-
$392/mo
House
3
Beds
1.5
Baths
1,302 ft²
$184/ft²
$239,999
Dec 1, 2023
-
-
In Contract
House
3
Beds
2.5
Baths
1,628 ft²
$169/ft²
$275,000
Feb 27, 2024
-
$377/mo
House
3
Beds
2.5
Baths
1,568 ft²
$147/ft²
$230,000
Dec 5, 2023
-
$416/mo
Active
House
3
Beds
2
Baths
1,548 ft²
$191/ft²
$295,000
Jan 10, 2024
-
$457/mo
House
3
Beds
2
Baths
1,286 ft²
$222/ft²
$285,000
Jan 4, 2024
-
$168/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
514 South Evelyn Place Northwest
514 South Evelyn Place Northwest, Atlanta, GA 30318
- 1 Unit for Sale