$299,000

550 Paines Ave NW Atlanta, GA 30318

$3,551
Closing credit¹
2 beds
1 full, 1 partial
0.07 acres
House

Property details

About 550 Paines Ave NW

**Purchase for $199,000 if income is $82k or below, annually. Qualifications and terms apply. Call NOW for details.** Over $100,000 in down payment assistance available, call to see how much you qualify for. Plus, if you're under a binding contract by February 21, 2025, the seller will contribute $10,000 toward your closing costs. This beautifully designed new construction home offers modern living in an unbeatable location, just minutes from the Mercedes-Benz Stadium, World Congress Center, and State Farm Arena. The home has 2 bedrooms filled with natural light. 1.5 bathrooms stylish and functional, perfect for everyday living. Prime location, enjoy the convenience of being near Atlanta's most iconic venues, dining, shopping, and entertainment. Brand new appliances will be installed upon securing a contract for the home including washer and dryer. Home Warranty included. Owner-occupant buyers, ONLY. NO INVESTORS, NO EXCEPTIONS. No Rent-to-Own Programs (Divvy, Ribbon, etc.) Buyer's household income cannot exceed 120% of AMI (Area Median Income). Don't miss this incredible opportunity to own a brand-new home in the heart of the city. Schedule your private showing today!

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size0.073 Acres
Year builtNew Const., 2024
ParkingOff Street
MLS #10444176

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Laminate
  • Interior: Other
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Parking: Off Street
  • Exterior: Balcony
  • Architectural Style: Other
  • Heating: Other
  • Cooling: Other
  • List Price: $299,000
  • HOA Amount: $0
  • Annual Tax Amount: $1,656
  • Tax Year: 2023
  • Directions: Google Maps
  • Year Built: 2024
  • Lot Size: 0.073 Acres
  • MLS Number: 10444176
  • MLS Name: Georgia MLS 2
  • Office Name: DreamHomeToday.net
  • Listing Agent: KyJuana Perry

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/23/2025, 3:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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550 Paines Ave NW, Atlanta, GA 30318 - view of front of home with covered porch and cooling unit

$299,000

550 Paines Ave NW

$3,551

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 16, 2019
Home Sold
$2,663,800
Aug 16, 2019
Home Sold
$2,663,800
May 31, 2017
Home Sold
$18,000
Aug 25, 2006
Home Sold
$97,579

Tax history

YearAssessmentProperty Tax
2023$40,000$1,656
2022$19,960$826
2021$25,560$1,523
2020$25,280$1,046
2019$4,440$182
2017$1,480$63

History based on county public records data.

Nearby schools

3

Kipp Ways Primary School

Public Charter KG-4

0.6 mi

350 Temple St NW

5

M. Agnes Jones Elementary School

Public District EE-5

1.5 mi

1040 Fair St SW

4

Slam Academy of Atlanta

Public Charter KG-5

1.7 mi

1150 Westview Dr SW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $16,607. Typical income of Atlanta, GA residents is less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

83%
<35k
14%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

74%
Single, No Kids
13%
Single, with Kids
9%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
6%
12-17 yrs old
18%
18-34 yrs old
55%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 550 Paines Ave NW

The listing price of 550 Paines Ave NW property is $299,000.

The property 550 Paines Ave NW is a house located in Atlanta, Georgia, 30318.

Active Listing: 550 Paines Ave NW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 550 Paines Ave NW are: Kipp Ways Primary School (GreatSchools Rating 3/10), M. Agnes Jones Elementary School (GreatSchools Rating 5/10), Slam Academy of Atlanta (GreatSchools Rating 4/10), Kipp West Atlanta Young Scholars Academy (GreatSchools Rating 2/10), Hollis Innovation Academy (GreatSchools Rating 3/10), Centennial Academy (GreatSchools Rating 4/10), Booker T. Washington High School (GreatSchools Rating 2/10), Kipp Atlanta Collegiate Academy (GreatSchools Rating 4/10), Midtown High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $1,656 (source: MLS/based on county public records data).

The last sale was on September 16, 2019 for $2,663,800 (source: MLS/tax record).

The property at 550 Paines Ave NW has 2 bedrooms and 1 full and 1 half bathrooms.

The sq. ft. of 550 Paines Ave NW is not available (source: MLS/tax record).

The year of construction for 550 Paines Ave NW is 2024.

This home is located at 550 Paines Ave NW in Atlanta, GA and zip code 30318 in the Westside neighborhood. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $299,000.

While more than 303 listings in Atlanta, GA in May 2025 were sold above asking price, there were more than 266 listings sold at asking price, and more than 629 were sold below. The inventory of homes for sale in Atlanta, GA between April and May 2025 increased by 12.7%. 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.

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