Welcome to this charming 3 bedroom 2.5 bath bungalow located in downtown Hapeville. The original home was taken down to the exterior wall studs, the foot print doubled, and the layout reconfigured to create a massive open concept living area, 2 large guest rooms and an oversized master bedroom with spa like bath and large walk in closet. Everything is new from the roof down, including siding, windows, all plumbing, electrical and systems. For all intents, this is a new construction home as there is no visible trace of the previous structure. Hard surface flooring run throughout the home, and the kitchen is a chefs delight with tons of cabinetry, a large kitchen island, quartz counters and stainless steel appliances ( to be installed before closing). Outdoor living space includes the covered front parch and a large rear deck. Located just 1/2 mile from downtown Hapeville, the home is within a 12 minute walk of multiple dining options.
Closed
$400,000
551 Lake Dr, Hapeville, GA 30354
3beds
1,850sqft
Single Family Residence
Built in 1945
7,797 Square Feet Lot
$396,500 Zestimate®
$216/sqft
$2,423 Estimated rent
Home value
$396,500
$361,000 - $436,000
$2,423/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Joel G Madden 404-353-4500,
Keller Williams Atlanta Midtown
Bought with:
Rob Hall, 370290
Coldwell Banker Realty
Source: GAMLS,MLS#: 10505182
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Great Room
Kitchen
- Features: Breakfast Bar, Kitchen Island, Pantry, Solid Surface Counters, Walk-in Pantry
Heating
- Central, Electric, Forced Air
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Dishwasher, Electric Water Heater, Refrigerator, Microwave, Oven/Range (Combo), Stainless Steel Appliance(s)
- Laundry: Other
Features
- High Ceilings, Double Vanity, Soaking Tub, Master On Main Level, Separate Shower, Tile Bath, Walk-In Closet(s)
- Flooring: Laminate, Tile
- Windows: Double Pane Windows
- Basement: Crawl Space
- Attic: Pull Down Stairs
- Has fireplace: No
Interior area
- Total structure area: 1,850
- Total interior livable area: 1,850 sqft
- Finished area above ground: 1,850
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Kitchen Level, Off Street
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,797 Square Feet
- Features: Level
Details
- Parcel number: 14 009400020501
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow/Cottage
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Block
- Roof: Composition
Condition
- New Construction
- New construction: Yes
- Year built: 1945
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Connected, Water Available
Community & HOA
Community
- Features: None
- Subdivision: Forrest Hill Park
HOA
- Has HOA: No
- Services included: None
Location
- Region: Hapeville
Financial & listing details
- Price per square foot: $216/sqft
- Tax assessed value: $433,600
- Annual tax amount: $922
- Date on market: 4/22/2025
- Cumulative days on market: 71 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2025 | Sold | $400,000-4.8%$216/sqft |
Source:  GAMLS #10505182 Report a problem | ||
| 7/7/2025 | Pending sale | $420,000$227/sqft |
Source:  FMLS GA #7564111 Report a problem | ||
| 6/11/2025 | Price change | $420,000-2.3%$227/sqft |
Source: GAMLS #10505182 Report a problem | ||
| 5/7/2025 | Price change | $430,000-2.3%$232/sqft |
Source: GAMLS #10505182 Report a problem | ||
| 4/7/2025 | Price change | $440,000-2.2%$238/sqft |
Source: FMLS GA #7455673 Report a problem | ||
| 3/5/2025 | Price change | $450,000-2.2%$243/sqft |
Source: FMLS GA #7455673 Report a problem | ||
| 2/4/2025 | Price change | $460,000-2.1%$249/sqft |
Source: GAMLS #10380788 Report a problem | ||
| 10/9/2024 | Listed for sale | $470,000$254/sqft |
Source: GAMLS #10380788 Report a problem | ||
| 10/8/2024 | Pending sale | $470,000$254/sqft |
Source: GAMLS #10380788 Report a problem | ||
| 10/8/2024 | Price change | $470,000-2.1%$254/sqft |
Source: GAMLS #10380788 Report a problem | ||
| 9/19/2024 | Listed for sale | $480,000+179.4%$259/sqft |
Source: FMLS GA #7455673 Report a problem | ||
| 12/13/2023 | Sold | $171,775+14.5%$93/sqft |
Source: Public Record Report a problem | ||
| 7/6/2021 | Sold | $150,000+445.5%$81/sqft |
Source: Public Record Report a problem | ||
| 6/7/2013 | Sold | $27,500+1.9%$15/sqft |
Source:  FMLS GA #5117018 Report a problem | ||
| 5/23/2013 | Pending sale | $27,000$15/sqft |
Source: Pars Estates #5117018 Report a problem | ||
| 3/5/2013 | Price change | $27,000-3.6%$15/sqft |
Source: Pars Estates #5117018 Report a problem | ||
| 2/23/2013 | Listed for sale | $28,000$15/sqft |
Source: Pars Estates #5117018 Report a problem | ||
| 8/29/2012 | Listing removed | $28,000$15/sqft |
Source: foreclosure.com Report a problem | ||
| 8/8/2012 | Listed for sale | $28,000-48.6%$15/sqft |
Source: foreclosure.com Report a problem | ||
| 6/23/2012 | Sold | $54,506-14.8%$29/sqft |
Source: Public Record Report a problem | ||
| 9/25/1997 | Sold | $64,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,452 +1241.6% | $173,440 +430.7% |
| 2024 | $854 -0.3% | $32,680 |
| 2023 | $856 -63.3% | $32,680 -63.2% |
| 2022 | $2,334 +63.2% | $88,720 +73.3% |
| 2021 | $1,430 -1% | $51,200 |
| 2020 | $1,445 +103.7% | $51,200 -8% |
| 2019 | $709 | $55,680 +248% |
| 2018 | $709 | $16,000 |
| 2017 | $709 -2.8% | $16,000 -11.3% |
| 2016 | $730 -11.9% | $18,040 |
| 2015 | $829 +27.3% | $18,040 -15.1% |
| 2014 | $651 +7.2% | $21,240 +1.9% |
| 2013 | $607 +166.9% | $20,840 +49.3% |
| 2012 | $227 | $13,960 |
| 2011 | -- | $13,960 -63.3% |
| 2010 | $800 -5.2% | $38,080 -3.8% |
| 2009 | $844 | $39,600 -5.4% |
| 2008 | -- | $41,880 +12.6% |
| 2007 | $635 | $37,200 +4.5% |
| 2005 | -- | $35,600 +3.6% |
| 2004 | $572 +2.8% | $34,360 +3.9% |
| 2003 | $556 +23.8% | $33,080 +13.9% |
| 2002 | $449 +3.5% | $29,040 +10.7% |
| 2001 | $434 | $26,240 |
Find assessor info on the county website
Neighborhood: 30354
Nearby homes
- $229,0002 bd1 ba1k sqft547 Lake Dr, Hapeville, GA 30354Sold
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Nearby schools
GreatSchools rating
- 7/10Hapeville Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Paul D. West Middle SchoolGrades: 6-8Distance: 3.7 mi
- 1/10Tri-Cities High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Hapeville
- Middle: Paul D West
- High: Tri Cities
Source: GAMLS. 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
$396,500
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Estimated market value
$396,500
- Georgia
- Fulton County
- Hapeville
- 30354
- 551 Lake Dr
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