Looking for cash flow? You found it! This vacant home has been set up for roommates on the PadSplit platform, which provides furnished rooms for rent. PadSplit provides affordable rooms for the workforce while getting a much higher ROI for investors. This home can generate $5700+ per month in rent with its current setup. Excellent off-street parking behind the house and only 1 mi from HE Holmes MARTA Train Station - this home check's all the boxes for CoLiving or PadSplit. Its layout is also ideal for the savvy house-hacker wanting sweat equity, CoLiving investor, or handy owner-occupant looking for the versatility of a flexible floor plan comprising 8 rooms that could be used as bedrooms or flex-rooms. This home only needs some light cosmetic work to be up and running again. This home's distinctive layout offers a plethora of choices. In need of multiple work-from-home spaces? How about a dedicated gym, a media room, or extra rooms for guests? This property has got you covered. Alternatively, for the savvy owner-occupant, move in and let your roommates pay your mortgage and start building wealth from day one. OFFER REQUIREMENTS: Do all due diligence prior to submitting offer, $7,500 EM, closing attorney must be the Fryer Law Firm
Closed
$200,000
217 W Simon Ter NW, Atlanta, GA 30318
8beds
1,289sqft
Single Family Residence, Residential
Built in 1960
9,583.2 Square Feet Lot
$209,600 Zestimate®
$155/sqft
$2,145 Estimated rent
Home value
$209,600
$170,000 - $249,000
$2,145/mo
Zestimate® history
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$1,303/mo
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Zillow last checked:
Listing updated:
Listing Provided by:
Josh Stanton,
Keller Williams Realty Metro Atlanta 404-564-5560
Bought with:
Josh Stanton, 379772
Keller Williams Realty Metro Atlanta
Source: FMLS GA,MLS#: 7407051
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 5
Primary bedroom
- Features: Roommate Floor Plan
- Level: Roommate Floor Plan
Bedroom
- Features: Roommate Floor Plan
Primary bathroom
- Features: Other
Dining room
- Features: None
Kitchen
- Features: None
Heating
- Forced Air
Cooling
- Central Air, Electric
Appliances
- Included: Refrigerator, Other
- Laundry: Common Area
Features
- High Speed Internet
- Flooring: Other
- Windows: None
- Basement: Daylight,Other
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,289
- Total interior livable area: 1,289 sqft
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Screened, Side Porch
- Exterior features: Rain Gutters, No Dock
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: City
- Waterfront features: None
- Body of water: None
Lot
- Size: 9,583 sqft
- Dimensions: 70x133x71x132
- Features: Back Yard, Front Yard
Details
- Additional structures: None
- Parcel number: 14 020600060668
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Brick, Brick 4 Sides
- Foundation: Block
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Near Shopping, Restaurant
Location
- Region: Atlanta
- Subdivision: Pyramid Assoc Inc Sub
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2024 | Sold | $200,000-8.7%$155/sqft |
Source:  FMLS GA #7407051 Report a problem | ||
| 7/30/2024 | Pending sale | $219,000$170/sqft |
Source:  GAMLS #10322280 Report a problem | ||
| 6/19/2024 | Listed for sale | $219,000$170/sqft |
Source: GAMLS #10322280 Report a problem | ||
| 6/6/2024 | Listing removed | -- |
Source: GAMLS #10256450 Report a problem | ||
| 6/3/2024 | Price change | $219,000-6.8%$170/sqft |
Source: FMLS GA #7341847 Report a problem | ||
| 5/2/2024 | Price change | $235,000-4.1%$182/sqft |
Source: GAMLS #10256450 Report a problem | ||
| 4/5/2024 | Price change | $245,000-5.8%$190/sqft |
Source: GAMLS #10256450 Report a problem | ||
| 3/20/2024 | Price change | $260,000-5.1%$202/sqft |
Source: GAMLS #10256450 Report a problem | ||
| 2/21/2024 | Listed for sale | $274,000+126.4%$213/sqft |
Source: GAMLS #10256450 Report a problem | ||
| 10/12/2020 | Sold | $121,000+95.2%$94/sqft |
Source: Public Record Report a problem | ||
| 6/21/1995 | Sold | $62,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,555 +51% | $86,840 |
| 2023 | $2,355 -26.6% | $86,840 +9.5% |
| 2022 | $3,208 +30.1% | $79,280 +30.2% |
| 2021 | $2,466 +39.8% | $60,880 +42.9% |
| 2020 | $1,764 +234.4% | $42,600 +0.1% |
| 2019 | $527 | $42,560 +185.3% |
| 2018 | $527 | $14,920 +4.2% |
| 2017 | $527 +1.3% | $14,320 |
| 2016 | $521 +1841.5% | $14,320 |
| 2015 | $27 +13.1% | $14,320 |
| 2014 | $24 | $14,320 |
| 2013 | -- | $14,320 +62% |
| 2012 | -- | $8,840 -25.1% |
| 2011 | -- | $11,800 -47.6% |
| 2010 | $33 | $22,520 -44.5% |
| 2009 | -- | $40,600 -15.1% |
| 2008 | -- | $47,800 |
| 2007 | -- | $47,800 +7.9% |
| 2005 | -- | $44,320 +3.7% |
| 2004 | -- | $42,720 +4% |
| 2003 | $849 | $41,080 |
Find assessor info on the county website
Neighborhood: Collier Heights
Nearby schools
GreatSchools rating
- 4/10Bazoline E. Usher/Collier Heights Elmentary SchoolGrades: PK-5Distance: 1.3 mi
- 4/10John Lewis Invictus AcademyGrades: 6-8Distance: 1.8 mi
- 2/10Douglass High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Bazoline E. Usher/Collier Heights
- Middle: John Lewis Invictus Academy/Harper-Archer
- High: Frederick Douglass
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$209,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$209,600
- Georgia
- Fulton County
- Atlanta
- 30318
- Collier Heights
- 217 W Simon Ter NW
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