Charming Atlanta Bungalow with Endless Potential - Ideal for First-Time Buyers or Investors! Welcome to this charming 3-bedroom, 1-bath home nestled on a level 6,608 sq. ft. lot in one of Atlanta's rapidly growing areas. Blending classic character with everyday functionality, this single-story home offers a comfortable layout that's perfect for first-time homebuyers, downsizers, or savvy investors looking to expand their portfolio. From the inviting front porch to the spacious yard, this property offers plenty of curb appeal and room to make it your own. Inside, you'll find a practical floor plan with a welcoming family room, comfortable bedrooms, and abundant natural light. The level lot provides ample outdoor space for entertaining, gardening, future improvements, or simply enjoying the outdoors. Conveniently located just minutes from Downtown Atlanta, Westside Park, the BeltLine, Mercedes-Benz Stadium, and major highways, you'll enjoy easy access to shopping, restaurants, schools, parks, and everyday amenities. Whether you're searching for a place to call home or a property with strong rental potential, this home is full of opportunity.
Active
Price cut: $5K (8/24)
$134,500
541 W Lake Ave NW, Atlanta, GA 30318
3beds
980sqft
Single Family Residence
Built in 1940
6,621 Square Feet Lot
$-- Zestimate®
$137/sqft
$-- HOA
What's special
Single-story homeSpacious yardWelcoming family roomAbundant natural lightInviting front porchPlenty of curb appealPractical floor plan
- 49 days
- 770
- 102
Zillow last checked:
Listing updated:
Listed by:
Don Montilla 943-600-8411,
Ascending Realty,
Erik Daniel Bergman 314-643-3373,
Ascending Realty
Source: GAMLS,MLS#: 10809382
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Rooms
- Room types: Other
Heating
- Central
Cooling
- None
Appliances
- Included: Other
- Laundry: Other
Features
- Other
- Flooring: Other
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 980
- Total interior livable area: 980 sqft
- Finished area above ground: 980
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Other
- Body of water: None
Lot
- Size: 6,621 Square Feet
- Features: Sloped
- Residential vegetation: Wooded
Details
- Parcel number: 14 014600020111
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Other
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Subdivision: Grove Park
HOA
- Has HOA: No
- Services included: None
Location
- Region: Atlanta
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $135,800
- Annual tax amount: $2,222
- Date on market: 7/20/2026
- Cumulative days on market: 49 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,833/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $134,500-3.6%$137/sqft |
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| 8/3/2026 | Price change | $139,500-3.5%$142/sqft |
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| 7/20/2026 | Listed for sale | $144,500-12.4%$147/sqft |
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| 3/1/2026 | Listing removed | $165,000$168/sqft |
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| 12/31/2025 | Price change | $165,000-7.8%$168/sqft |
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| 12/5/2025 | Price change | $179,000-9.6%$183/sqft |
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| 10/31/2025 | Listed for sale | $198,000-5.7%$202/sqft |
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| 9/23/2025 | Listing removed | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/3/2025 | Price change | $1,250-19.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/8/2025 | Price change | $1,550-10.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/1/2025 | Price change | $1,725-5.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/5/2025 | Listed for rent | $1,825+14.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/23/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/4/2024 | Listing removed | $210,000$214/sqft |
Source: | ||
| 1/23/2024 | Listed for rent | $1,600+12.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/9/2023 | Listed for sale | $210,000+16.7%$214/sqft |
Source: | ||
| 11/8/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/24/2023 | Price change | $1,425-5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/6/2023 | Listed for rent | $1,500+15.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/14/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/15/2022 | Price change | $1,300-3.7%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/10/2022 | Price change | $1,350-3.6%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/30/2022 | Listed for rent | $1,400$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 6/30/2022 | Sold | $180,000-10%$184/sqft |
Source: | ||
| 6/22/2022 | Pending sale | $200,000$204/sqft |
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| 6/22/2022 | Listed for sale | $200,000$204/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,222 -2.9% | $54,320 -2.9% |
| 2024 | $2,289 +28.3% | $55,920 |
| 2023 | $1,784 +13% | $55,920 +43.4% |
| 2022 | $1,578 +14.7% | $39,000 +14.8% |
| 2021 | $1,376 +16% | $33,960 +18.6% |
| 2020 | $1,186 +39.2% | $28,640 +31.6% |
| 2019 | $852 | $21,760 +146.2% |
| 2018 | $852 | $8,840 +3.8% |
| 2017 | $852 -0.2% | $8,520 |
| 2016 | $854 +5261.6% | $8,520 |
| 2015 | $16 | $8,520 +124.2% |
| 2014 | -- | $3,800 +3.3% |
| 2013 | -- | $3,680 -68.3% |
| 2012 | -- | $11,600 -35.8% |
| 2011 | -- | $18,080 |
| 2010 | -- | $18,080 |
| 2009 | -- | $18,080 -15.2% |
| 2008 | -- | $21,320 |
| 2007 | -- | $21,320 +8.8% |
| 2005 | -- | $19,600 +3.4% |
| 2004 | -- | $18,960 +3.5% |
| 2003 | -- | $18,320 +9.6% |
| 2002 | -- | $16,720 +12.4% |
| 2001 | $19 | $14,880 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Grove Park
Nearby schools
Schools provided by the listing agent
- Elementary: Woodson
- Middle: Harper Archer
- High: Douglass
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







