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520 Park Ave SE #6
C- Composite 51.84
Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +15.0/15.0
  • Cash flow +14.8/30.0
  • 1% rule +4.9/10.0
  • DSCR +4.5/10.0
  • Livability +4.2/5.0
  • Rent growth +3.2/5.0
  • Schools +2.7/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$220,000

520 Park Ave SE #6 · Atlanta, GA 30312
2 bd · 1.0 ba · 875 sqft · Condo public records · 52 Days on market
Built 1960 $251/sqft · 24% below area Est $290k · 24% under $300/mo HOA · 14% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this charming two-bedroom, one-bath condo in the heart of Atlanta, ideally situated directly across from Grant Park and Zoo Atlanta-truly a prime location. Step inside to find beautiful hardwood floors that add warmth and character throughout the home. The interior has been freshly painted, creating a bright and inviting atmosphere. The bathroom has been tastefully updated, featuring a modern stand-up shower for a sleek and comfortable finish. This home offers the perfect blend of classic charm and thoughtful updates, all in one of Atlanta's most desirable areas.

Key facts

  • $300 HOA
  • 2 parking spots
  • Community pool

Property features AI

Finance

  • HOA & community: Monthly association fee of $300 (includes water); Community amenities include pool, playground, park, dog park, barbecue area, nearby restaurants and shopping

Exterior

  • Parking: Assigned parking for 2 vehicles
  • Utilities: Public water; Public sewer; Electricity available; Natural gas available; Cable available; Phone available; Sewer available; Water available; Other electric setup
  • Home design: One level; Condominium ownership; Resale property
  • Construction: Brick 4 sides construction; Composition roof; Brick/mortar foundation
  • Exterior features: Front porch; Other exterior features; Concrete road surface; City street frontage; Near Beltline; Near shopping; Near trails/greenway; Park; Playground; Pool; Restaurant; Barbecue; Dog park; Near schools

Interior

  • Kitchen: Pantry; Solid surface counters; Dishwasher; Gas oven; Microwave; Disposal
  • Bedrooms: 2 main-level bedrooms; Master on main; Roommate floor plan; Split bedroom plan
  • Flooring: Hardwood flooring
  • Bathrooms: 1 full bathroom; Master bathroom with shower only
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Other interior features; 2+ shared/common walls
  • Laundry & utility: Washer and dryer included; Other laundry features

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath condo listed at $220k.

Deal economics

  • At list price, monthly cash flow is $61 ($736/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $218k (1.0% below list).
  • Recommended offer: $213k (3.0% below list) — sets the bar for market timing.
  • Cap rate 6.6% vs local median 3.1% in Atlanta — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 83/100 on livability (#6 in GA, #919 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: cost of living C-.
  • Atlanta Public Schools (urban): math 28% / reading 35% proficiency, ranked #80 of 174 in GA (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Parkside Elementary School (math 22% / reading 37%, grade F, #633 of 1,228 statewide, top 54%, 563 students, 45% FRL); Martin L. King Jr. Middle School (math 16% / reading 23%, grade F, #356 of 470 statewide, top 78%, 818 students, 100% FRL) — zoned schools at 73% FRL track the district average.
  • Market conditions: Rents rising (+2.8%/yr); 237 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($83k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 52 days — a 3% lower offer ($213k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $213,400 (3.0% below list)

Questions for the listing agent

  1. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
0.99%
Cap rate
6.63%
Cash-on-cash
1.19%
DSCR
1.05
GRM
8.4

CMA / ARV

ARV (median comp)
$289,506
List price
$220,000
Delta
-22.28%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 2.84% rent growth · sell at horizon

5-year hold
IRR
-14.5%
Equity multiple
0.48×
Total profit
$-31,977
Equity at exit
$32,803
10-year hold
IRR
-6.0%
Equity multiple
0.61×
Total profit
$-23,767
Equity at exit
$19,022

Cash invested: $61,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State Georgia
90 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

ZIP-level market 30312

Rents YoY
2.8%
Active inventory
237
Price-to-rent
8.4×

Monthly cashflow live

Estimated rent
$2,179 high interval (Pro) →
Mortgage (P&I)
$1,154
Tax from tax record
$115 /mo · $1,374/yr
Insurance
$92
HOA
$300
Vacancy / Maint / Mgmt
$458
Net cashflow
$61

Break-even live

Break-even rent $2,101
Max offer price $220,000
Occupancy floor 92%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$55,000
Closing costs
$6,600
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
459 Glenwood Ave SE Unit B Atlanta, GA 1.0 1.0 700 $1,325 $1.89 17d 1 0.28mi
730 Glenwood Ave SE Atlanta, GA 1.0–2.0 1.0–2.5 1032 $3,399 $3.29 2d 16 0.32mi
689 Berne St SE Unit B Atlanta, GA 1.0 1.0 672 $1,750 $2.60 19d 1 0.35mi
359 Cameron St SE Unit 359 Atlanta, GA 1.0 1.0 950 $1,850 $1.95 3d 1 0.38mi
359 Cameron St SE Unit 361 Atlanta, GA 1.0 1.0 900 $2,000 $2.22 3d 1 0.38mi
770 Glenwood Ave SE Atlanta, GA 1.0–2.0 1.0–2.0 996 $2,465 $2.47 2d 10 0.41mi
465 Memorial Dr SE Unit 340 Atlanta, GA 1.0 1.0 714 $1,639 $2.30 22d 1 0.46mi
465 Memorial Dr SE Atlanta, GA 2.0 2.0 1081 $2,470 $2.28 24d 1 0.46mi
465 Memorial Dr SE Unit 436 Atlanta, GA 2.0 2.0 1031 $2,121 $2.06 22d 1 0.46mi
860 Glenwood Ave SE Atlanta, GA 2.0 1.0–2.0 863 $2,320 $2.69 2d 20 0.52mi
841 Killian St SE Atlanta, GA 1.0–3.0 1.0–2.0 1242 $2,771 $2.23 2d 6 0.56mi
880 Glenwood Ave SE Atlanta, GA 1.0–2.0 1.0–2.0 942 $1,925 $2.04 1d 12 0.58mi
777 Memorial Dr SE Atlanta, GA 3.0 1.0–2.0 1005 $2,506 $2.49 2d 22 0.64mi
925 Garrett St SE #318 Atlanta, GA 1.0 1.0 610 $1,900 $3.11 3d 1 0.64mi
915 Glenwood Ave SE Atlanta, GA 1.0–2.0 1.0–2.0 1119 $2,771 $2.48 1d 16 0.65mi
189 Berean Ave SE Atlanta, GA 2.0 1.5 996 $3,200 $3.21 21d 1 0.66mi
864 Vera St SE Unit A Atlanta, GA 1.0 1.0 900 $1,675 $1.86 24d 1 0.66mi
780 Memorial Dr SE Atlanta, GA 3.0 1.0–2.0 920 $2,394 $2.60 1d 21 0.66mi
170 Unit H128 Atlanta, GA 1.0 1.0 1065 $2,450 $2.30 14d 1 0.67mi
841 Memorial Dr SE Atlanta, GA 1.0 1.0 672 $1,650 $2.46 1d 3 0.68mi
547 Atlanta Ave SE Atlanta, GA 2.0 1.0 1000 $1,850 $1.85 24d 1 0.69mi
547 Atlanta Ave SE Unit 2 Atlanta, GA 1.0 1.0 850 $1,400 $1.65 24d 1 0.69mi
170 Boulevard SE Unit F101 Atlanta, GA 1.0 1.0 737 $2,400 $3.26 4d 1 0.71mi
240 Grant St SE Atlanta, GA 2.0 1.0–2.0 801 $2,236 $2.79 2d 22 0.71mi
155 Savannah St SE Atlanta, GA 2.0 2.0 1028 $5,500 $5.35 8d 1 0.72mi
881 Memorial Dr SE Atlanta, GA 1.0 1.0 970 $1,995 $2.06 2d 1 0.74mi
788 Fulton Ter SE Unit b Atlanta, GA 1.0 1.0 667 $2,800 $4.20 21d 1 0.75mi
788 Fulton Ter SE Unit A Atlanta, GA 1.0 1.0 647 $2,700 $4.17 21d 1 0.75mi
170 Boulevard SE Apt H306 Atlanta, GA 2.0 2.0 1008 $3,000 $2.98 21d 1 0.75mi
170 Boulevard SE Apt H306 Atlanta, GA 2.0 2.0 1008 $3,000 $2.98 3d 1 0.75mi
230 Bill Kennedy Way SE Atlanta, GA 2.0 1.0–2.5 1062 $3,019 $2.84 1d 42 0.81mi
230 Martin Luther King Jr Dr SE Atlanta, GA 3.0 1.0–3.0 979 $2,595 $2.65 2d 21 0.87mi
349 Decatur St SE Atlanta, GA 2.0 1.0–2.0 956 $2,397 $2.51 4d 18 0.87mi
207 South Ave SE Atlanta, GA 2.0 1.0 750 $1,977 $2.64 24d 1 0.88mi
600 Warwick St SE Atlanta, GA 3.0 2.0 1100 $2,495 $2.27 24d 1 0.90mi
49 Boulevard SE Atlanta, GA 1.0–3.0 1.0–2.0 957 $2,030 $2.12 2d 23 0.91mi
357 Auburn Pointe Dr SE Atlanta, GA 1.0–2.0 1.0–2.0 917 $1,644 $1.79 2d 8 0.92mi
680 Hamilton Ave SE Atlanta, GA 1.0–2.0 1.0–2.0 929 $2,445 $2.63 2d 15 0.92mi
1015 Boulevard SE Atlanta, GA 2.0 1.0–2.0 933 $2,632 $2.82 2d 17 0.92mi
982 Memorial Dr SE Atlanta, GA 2.0 1.0–2.0 682 $2,355 $3.45 24d 17 0.93mi

HOA detail condo

Monthly dues
$300 · $3,600/yr
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 29 events

  1. 2026-06-18
    days on market $220,000 Active 52 DOM
  2. 2026-06-17
    price $220,000 Active 51 DOM
    Show marketing remark (582 chars)

    Welcome to this charming two-bedroom, one-bath condo in the heart of Atlanta, ideally situated directly across from Grant Park and Zoo Atlanta-truly a prime location. Step inside to find beautiful hardwood floors that add warmth and character throughout the home. The interior has been freshly painted, creating a bright and inviting atmosphere. The bathroom has been tastefully updated, featuring a modern stand-up shower for a sleek and comfortable finish. This home offers the perfect blend of classic charm and thoughtful updates, all in one of Atlanta's most desirable areas.

  3. 2026-06-17
    days on market $225,000 Active 51 DOM
    Show marketing remark (582 chars)

    Welcome to this charming two-bedroom, one-bath condo in the heart of Atlanta, ideally situated directly across from Grant Park and Zoo Atlanta-truly a prime location. Step inside to find beautiful hardwood floors that add warmth and character throughout the home. The interior has been freshly painted, creating a bright and inviting atmosphere. The bathroom has been tastefully updated, featuring a modern stand-up shower for a sleek and comfortable finish. This home offers the perfect blend of classic charm and thoughtful updates, all in one of Atlanta's most desirable areas.

  4. 2026-06-16
    days on market $225,000 Active 50 DOM
  5. 2026-06-15
    days on market $225,000 Active 49 DOM
  6. 2026-06-13
    days on market $225,000 Active 47 DOM
  7. 2026-06-13
    days on market $225,000 Active 46 DOM
  8. 2026-06-09
    days on market $225,000 Active 43 DOM
  9. 2026-06-08
    days on market $225,000 Active 42 DOM
  10. 2026-06-07
    days on market $225,000 Active 41 DOM
  11. 2026-06-04
    days on market $225,000 Active 38 DOM
  12. 2026-06-03
    days on market $225,000 Active 37 DOM
  13. 2026-06-02
    days on market $225,000 Active 36 DOM
  14. 2026-06-01
    days on market $225,000 Active 35 DOM
  15. 2026-05-31
    days on market $225,000 Active 34 DOM
  16. 2026-05-14
    price $225,000 580-char remark
    Show marketing remark (582 chars)

    Welcome to this charming two-bedroom, one-bath condo in the heart of Atlanta, ideally situated directly across from Grant Park and Zoo Atlanta-truly a prime location. Step inside to find beautiful hardwood floors that add warmth and character throughout the home. The interior has been freshly painted, creating a bright and inviting atmosphere. The bathroom has been tastefully updated, featuring a modern stand-up shower for a sleek and comfortable finish. This home offers the perfect blend of classic charm and thoughtful updates, all in one of Atlanta's most desirable areas.

  17. 2026-05-14
    price $225,000 582-char remark
    Show marketing remark (582 chars)

    Welcome to this charming two-bedroom, one-bath condo in the heart of Atlanta, ideally situated directly across from Grant Park and Zoo Atlanta-truly a prime location. Step inside to find beautiful hardwood floors that add warmth and character throughout the home. The interior has been freshly painted, creating a bright and inviting atmosphere. The bathroom has been tastefully updated, featuring a modern stand-up shower for a sleek and comfortable finish. This home offers the perfect blend of classic charm and thoughtful updates, all in one of Atlanta's most desirable areas.

  18. 2026-04-27
    listed $230,000 Active 580-char remark
    Show marketing remark (582 chars)

    Welcome to this charming two-bedroom, one-bath condo in the heart of Atlanta, ideally situated directly across from Grant Park and Zoo Atlanta-truly a prime location. Step inside to find beautiful hardwood floors that add warmth and character throughout the home. The interior has been freshly painted, creating a bright and inviting atmosphere. The bathroom has been tastefully updated, featuring a modern stand-up shower for a sleek and comfortable finish. This home offers the perfect blend of classic charm and thoughtful updates, all in one of Atlanta's most desirable areas.

  19. 2026-04-27
    historical $230,000 580-char remark
    Show marketing remark (582 chars)

    Welcome to this charming two-bedroom, one-bath condo in the heart of Atlanta, ideally situated directly across from Grant Park and Zoo Atlanta-truly a prime location. Step inside to find beautiful hardwood floors that add warmth and character throughout the home. The interior has been freshly painted, creating a bright and inviting atmosphere. The bathroom has been tastefully updated, featuring a modern stand-up shower for a sleek and comfortable finish. This home offers the perfect blend of classic charm and thoughtful updates, all in one of Atlanta's most desirable areas.

  20. 2026-04-27
    listed $230,000 New 582-char remark
    Show marketing remark (582 chars)

    Welcome to this charming two-bedroom, one-bath condo in the heart of Atlanta, ideally situated directly across from Grant Park and Zoo Atlanta-truly a prime location. Step inside to find beautiful hardwood floors that add warmth and character throughout the home. The interior has been freshly painted, creating a bright and inviting atmosphere. The bathroom has been tastefully updated, featuring a modern stand-up shower for a sleek and comfortable finish. This home offers the perfect blend of classic charm and thoughtful updates, all in one of Atlanta's most desirable areas.

  21. 2020-06-29
    soldstatus $195,000
  22. 2020-06-11
    soldstatus $195,000 Closed
    Show marketing remark (609 chars)

    Idyllic Intown Living! Directly facing gorgeous Grant Park, this bright and beautiful condo offers charm and convenience. Hardwood Floors welcome you into a Spacious Living Room with Floating Shelves. A Central, Open Dining Area leads to a sun-soaked Galley Kitchen. Two Bedrooms share an Updated Hall Bathroom with Dual-Head Subway Tile Shower. NEW Parking Lot with Two Assigned Spaces. Prime Intown Location! Embrace everything Atlanta's Oldest Park has to offer with a Soccer Field, Swimming Pool, Tennis, and Basketball Courts. STEPS to Zoo Atlanta, Grant Central Pizza, Farmer's Market, and so much more!

  23. 2020-06-11
    soldstatus $195,000 Sold
    Show marketing remark (609 chars)

    Idyllic Intown Living! Directly facing gorgeous Grant Park, this bright and beautiful condo offers charm and convenience. Hardwood Floors welcome you into a Spacious Living Room with Floating Shelves. A Central, Open Dining Area leads to a sun-soaked Galley Kitchen. Two Bedrooms share an Updated Hall Bathroom with Dual-Head Subway Tile Shower. NEW Parking Lot with Two Assigned Spaces. Prime Intown Location! Embrace everything Atlanta's Oldest Park has to offer with a Soccer Field, Swimming Pool, Tennis, and Basketball Courts. STEPS to Zoo Atlanta, Grant Central Pizza, Farmer's Market, and so much more!

  24. 2020-05-13
    status Under Contract
    Show marketing remark (609 chars)

    Idyllic Intown Living! Directly facing gorgeous Grant Park, this bright and beautiful condo offers charm and convenience. Hardwood Floors welcome you into a Spacious Living Room with Floating Shelves. A Central, Open Dining Area leads to a sun-soaked Galley Kitchen. Two Bedrooms share an Updated Hall Bathroom with Dual-Head Subway Tile Shower. NEW Parking Lot with Two Assigned Spaces. Prime Intown Location! Embrace everything Atlanta's Oldest Park has to offer with a Soccer Field, Swimming Pool, Tennis, and Basketball Courts. STEPS to Zoo Atlanta, Grant Central Pizza, Farmer's Market, and so much more!

  25. 2020-05-13
    status Pending
    Show marketing remark (609 chars)

    Idyllic Intown Living! Directly facing gorgeous Grant Park, this bright and beautiful condo offers charm and convenience. Hardwood Floors welcome you into a Spacious Living Room with Floating Shelves. A Central, Open Dining Area leads to a sun-soaked Galley Kitchen. Two Bedrooms share an Updated Hall Bathroom with Dual-Head Subway Tile Shower. NEW Parking Lot with Two Assigned Spaces. Prime Intown Location! Embrace everything Atlanta's Oldest Park has to offer with a Soccer Field, Swimming Pool, Tennis, and Basketball Courts. STEPS to Zoo Atlanta, Grant Central Pizza, Farmer's Market, and so much more!

  26. 2020-04-22
    historical Contingent (with Kickout)
    Show marketing remark (609 chars)

    Idyllic Intown Living! Directly facing gorgeous Grant Park, this bright and beautiful condo offers charm and convenience. Hardwood Floors welcome you into a Spacious Living Room with Floating Shelves. A Central, Open Dining Area leads to a sun-soaked Galley Kitchen. Two Bedrooms share an Updated Hall Bathroom with Dual-Head Subway Tile Shower. NEW Parking Lot with Two Assigned Spaces. Prime Intown Location! Embrace everything Atlanta's Oldest Park has to offer with a Soccer Field, Swimming Pool, Tennis, and Basketball Courts. STEPS to Zoo Atlanta, Grant Central Pizza, Farmer's Market, and so much more!

  27. 2020-04-22
    historical Active Under Contract
    Show marketing remark (609 chars)

    Idyllic Intown Living! Directly facing gorgeous Grant Park, this bright and beautiful condo offers charm and convenience. Hardwood Floors welcome you into a Spacious Living Room with Floating Shelves. A Central, Open Dining Area leads to a sun-soaked Galley Kitchen. Two Bedrooms share an Updated Hall Bathroom with Dual-Head Subway Tile Shower. NEW Parking Lot with Two Assigned Spaces. Prime Intown Location! Embrace everything Atlanta's Oldest Park has to offer with a Soccer Field, Swimming Pool, Tennis, and Basketball Courts. STEPS to Zoo Atlanta, Grant Central Pizza, Farmer's Market, and so much more!

  28. 2020-04-09
    listed $195,000 Active
    Show marketing remark (609 chars)

    Idyllic Intown Living! Directly facing gorgeous Grant Park, this bright and beautiful condo offers charm and convenience. Hardwood Floors welcome you into a Spacious Living Room with Floating Shelves. A Central, Open Dining Area leads to a sun-soaked Galley Kitchen. Two Bedrooms share an Updated Hall Bathroom with Dual-Head Subway Tile Shower. NEW Parking Lot with Two Assigned Spaces. Prime Intown Location! Embrace everything Atlanta's Oldest Park has to offer with a Soccer Field, Swimming Pool, Tennis, and Basketball Courts. STEPS to Zoo Atlanta, Grant Central Pizza, Farmer's Market, and so much more!

  29. 2020-04-09
    listed $195,000 New
    Show marketing remark (609 chars)

    Idyllic Intown Living! Directly facing gorgeous Grant Park, this bright and beautiful condo offers charm and convenience. Hardwood Floors welcome you into a Spacious Living Room with Floating Shelves. A Central, Open Dining Area leads to a sun-soaked Galley Kitchen. Two Bedrooms share an Updated Hall Bathroom with Dual-Head Subway Tile Shower. NEW Parking Lot with Two Assigned Spaces. Prime Intown Location! Embrace everything Atlanta's Oldest Park has to offer with a Soccer Field, Swimming Pool, Tennis, and Basketball Courts. STEPS to Zoo Atlanta, Grant Central Pizza, Farmer's Market, and so much more!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

Current annual tax
$1,374 · $115/mo
Projected year-2 tax
$2,024 · $169/mo
Expected delta
+$650/yr (+$54/mo · 47.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$26,145
− Mortgage interest
−$12,323
− Property taxes
−$1,374
− Insurance
−$1,100
− Repairs & maintenance
−$2,092
− Management
−$2,092
− HOA
−$3,600
− Depreciation
−$6,400
Taxable loss
−$2,836
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$681
After-tax cash flow
$1,416/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Atlanta Public Schools
NCES district ID
1300120
Math proficiency
28% ▼ -6.00%
Reading proficiency
35% ▼ -2.00%
Median HH income
$48,306
Composite
27.27/100
National rank
#7006
State rank
#80 of 174 in GA

Livability — Atlanta

Score
83/100
State rank
#6
US rank
#919

Category grades

Amenities A+ Commute A+ Cost of living C- Crime A Employment B Housing A+ Health & safety A- User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Atlanta, GA
County
Fulton County · 1,094,430 people
City population
629,525
Metro
Atlanta-Sandy Springs-Alpharetta, GA
Population (ZIP)
26,942
Household income
$82,779
Rent vs Own
65.0% rent · 35.0% own
Severe rent burden
2010.0

Population outlook (Fulton County) Hauer SSP2

Today (2025)
1,203,707 people
By 2030
1,299,706 · +8.0%
By 2040
1,488,256 · +23.6%
By 2050
1,664,580 · +38.3%
By 2075
2,036,072 · +69.2%
By 2100
2,222,402 · +84.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.62)
Race & ethnicity
Black 46% White 41% Hispanic / Latino 6% Two or more races 5% Asian 4%
Hispanic origin (detail)
Mexican 2%
Common ancestry
Romanian 2% Lithuanian 1% Slovak 1%
Foreign-born
9% · Canada
Languages at home
88% English-only · Spanish 5% Other Indo-European 1% Chinese 1%

Political lean MEDSL · Fulton

2024 margin
Solid D (+44.9) · D 71.9% · R 27.0% · Other 1.1%
2008→2024 swing
+9.8pp toward D · 2008: 35.0pp · 2024: 44.9pp
All cycles
2024: D+44.9 2020: D+46.4 2016: D+42.1 2012: D+29.6 2008: D+35.0

Not yet ingested

Civics

Market trends

HPI YoY
▼ -507.19%
Current HPI
240.8692
Rent YoY
▲ 2.84%
Metro
Atlanta-Sandy Springs-Alpharetta, GA
State GDP YoY
▲ 2.66%
F500 in state
28

Industry mix (Fortune 500 HQ in GA)

Industry F500 HQs Revenue

Price history

+12.8% since first listed
16 events — show timeline
  • 2026-06-17 Price Changed $220,000 FMLS
  • 2026-06-17 Price Changed $220,000 GAMLS
  • 2026-05-14 Price Changed $225,000 FMLS
  • 2026-05-14 Price Changed $225,000 GAMLS
  • 2026-04-27 Listed $230,000 FMLS
  • 2026-04-27 Coming Soon $230,000 FMLS
  • 2026-04-27 Listed $230,000 GAMLS
  • 2020-06-29 Sold (Public Records) $195,000 Public Records
  • 2020-06-11 Sold (MLS) $195,000 GAMLS
  • 2020-06-11 Sold (MLS) $195,000 FMLS
  • 2020-05-13 Pending GAMLS
  • 2020-05-13 Pending FMLS
  • 2020-04-22 Contingent GAMLS
  • 2020-04-22 Contingent FMLS
  • 2020-04-09 Listed $195,000 GAMLS
  • 2020-04-09 Listed $195,000 FMLS

Property tax history

-4.3%/yr

Latest (2025): $1,374 · -13.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…