$3,158 Closing Credit¹
#10506288, Naruna Rangel, Listing office: Keller Williams Realty
$228,900 List price
2040 Penelope St NW Atlanta, GA 30314
$2,718
Closing credit¹
2 beds
2 full
1,042 sqft
0.4 acres
$220 / sqft
House
Property details
About 2040 Penelope St NW
Beautifully 2/2 UPGRADED single-family home set on nearly HALF AN ACRE lot, the lot provides plenty of room for expansion or outdoor living spaces. This concrete block gem has been thoughtfully updated with a NEW ROOF and a cutting-edge TANKLESS water heater. Inside, you'll find a spacious 2-bedroom, 2-bathroom split layout featuring all-new flooring (There is living space that could be turn into a third bedroom). The kitchen is a highlight, showcasing elegant white cabinets and stunning GRANITE countertops. Both bathrooms have been fully updated with contemporary fixtures and finishes. The generous living and dining areas provide a perfect setting for relaxation and entertaining, making this home as functional as it is stylish. The surrounding neighborhood is experiencing significant growth, with new and renovated homes enhancing the area’s appeal. Located just minutes from downtown Atlanta, you’ll have easy access to a wealth of entertainment, dining, and cultural options. This home offers a unique combination of classic charm, modern upgrades, and a prime location. Don’t miss out on this exceptional opportunity! No HOA, no rental restrictions. Located in Atlanta's dynamic Westside.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,042 sqft
Lot size0.4304 Acres
Year built1938
ParkingDriveway
MLS #7564739
ViewNeighborhood, Trees/Woods
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Gas Range, Microwave, Tankless Water Heater
- Basement: No
- Flooring Type: Ceramic Tile, Luxury Vinyl
- Interior: Walk-In Closet(s), Other
- Fireplace: None
- Total Bedroom Count: 2
- Private Pool: No
- Parking: Driveway
- Waterfront: None
- View: Neighborhood, Trees/Woods
- Exterior: Other
- Architectural Style: Ranch
- Heating: Central
- Cooling: Central Air
- List Price: $228,900
- Price/SqFt: $219
- Annual Tax Amount: $2,487
- Tax Year: 2023
- Lot: Back Yard, Front Yard
- Directions: From I-20: Take Exit 53. Turn right onto Martin Luther King Jr Dr. Turn left onto Anderson Ave NW. Turn left onto Penelope Rd. Turn left onto Penelope Dr. Continue straight on Penelope Dr. until you reach 2040, which will be on your left.
- Year Built: 1938
- Living Area: 1,042 SqFt
- Lot Size: 0.4304 Acres
- MLS Number: 7564739
- MLS Name: First Multiple Listing Service
- Office Name: LoKation Real Estate, LLC
- Office Phone: (954) 401-2715
- Listing Agent: Graciela Boeri Quinteros
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.
IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/28/2025, 10:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$228,900
2040 Penelope St NW
$2,718
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 23, 2024 | Home Sold | $137,000 |
| Feb 22, 2024 | Home Sold | $117,795 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $60,080 | $2,487 |
| 2022 | $60,080 | $2,487 |
| 2021 | $25,600 | $1,524 |
| 2020 | $25,280 | $1,046 |
| 2019 | $10,160 | $417 |
| 2017 | $6,480 | $279 |
History based on county public records data.
Nearby schools
4
Frank Lebby Stanton Elementary School
Public District EE-5
0.6 mi
•1625 Martin Luther King Jr Dr NW
5
Kipp Strive Primary School
Public Charter KG-4
1.2 mi
•1448 Lucile Ave SW
8
Beecher Hills Elementary School
Public District PK-5
1.3 mi
•2257 Bolling Brook Dr SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,231. The most common annual income of people living in Atlanta, GA is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
62%
<35k
32%
35k-100k
0%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
60%
Single, No Kids
19%
Single, with Kids
14%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
16%
18-34 yrs old
37%
35-64 yrs old
29%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Horse Races
Where do the neighbors shop?
Big Lots
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Golden Corral
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2040 Penelope St NW
The listing price of 2040 Penelope St NW property is $228,900.
The property 2040 Penelope St NW is a house located in Atlanta, Georgia, 30314.
Active Listing: 2040 Penelope St NW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2040 Penelope St NW are: Frank Lebby Stanton Elementary School (GreatSchools Rating 4/10), Kipp Strive Primary School (GreatSchools Rating 5/10), Beecher Hills Elementary School (GreatSchools Rating 8/10), Kipp Strive Academy (GreatSchools Rating 4/10), Woodson Park Academy (GreatSchools Rating 4/10), J. L. Invictus Academy (GreatSchools Rating 3/10), Kipp Atlanta Collegiate Academy (GreatSchools Rating 4/10), Frederick Douglass High School (GreatSchools Rating 1/10), Booker T. Washington High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $2,487 (source: MLS/based on county public records data).
The last sale was on February 23, 2024 for $137,000 (source: MLS/tax record).
The property at 2040 Penelope St NW has 2 bedrooms and 2 bathrooms.
The property 2040 Penelope St NW is 1,042 SqFt (source: MLS/tax record).
The year of construction for 2040 Penelope St NW is 1938.
This home is located at 2040 Penelope St NW in Atlanta, GA and zip code 30314 in the Penelope Neighbors neighborhood. This 1,042 square foot home, which was built in 1938, sits on a 0.43 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $228,900.
In May 2025, from all listings sold in Atlanta, GA there were more than 303 sold above asking price, over 629 sold below and more than 266 were sold right at the asked price. In May 2025 in Atlanta, GA there were 12.7% more homes for sale than in April. In May 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $425,128.
From Rocket Homes Real Estate and based on county public records data.