$5,106 Closing Credit¹
#7564111, JOEL G MADDEN, Listing Office: Keller Wms Re Atl Midtown
$430,000 List price
551 Lake Atlanta, GA 30354
$5,106
Closing credit¹
3 beds
2 full, 1 partial
1,850 sqft
0.2 acres
$232 / sqft
House
Property details
About 551 Lake
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.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, Forced Air
StatusActive
(Price Change)
(Price Change)
CoolingCeiling Fan(s), Central Air, Electric
Size1,850 sqft
Lot size0.179 Acres
Year builtNew Const., 1945
ParkingKitchen Level, Off Street
MLS #10505182
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Water Heater, Refrigerator, Microwave, Oven/Range, Stainless Steel Appliance(s)
- Basement: No
- Flooring Type: Laminate, Tile
- Interior: High Ceilings, Double Vanity, Soaking Tub, Master On Main Level, Separate Shower, Tile Bath, Walk-In Closet(s)
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Kitchen Level, Off Street
- Architectural Style: Bungalow/Cottage
- Heating: Central, Electric, Forced Air
- Cooling: Ceiling Fan(s), Central Air, Electric
- List Price: $430,000
- Price/SqFt: $232
- Lot: Level
- Directions: I-85 South from downtown, exit Sylvan Road. Turn left on Sylvan, left on N. Central. At traffic light, turn left on Dogwood, and then turn right on Lake. House is on the left.
- Year Built: 1945
- Living Area: 1,850 SqFt
- Lot Size: 0.179 Acres
- MLS Number: 10505182
- MLS Name: Georgia MLS 2
- Office Name: Keller Williams Atl. Midtown
- Listing Agent: Joel G. Madden
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: 5/7/2025, 4:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$430,000
551 Lake
$5,106
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
6
Hapeville Elementary School
Public District PK-5
0.5 mi
•3440 N Fulton Ave
4
Emma Hutchinson Elementary School
Public District EE-5
0.9 mi
•650 Cleveland Ave SW
3
Parklane Elementary School
Public District PK-5
1.3 mi
•2809 Blount St
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 $33,833. The most common annual income of people living in Atlanta, GA is less than $<35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
52%
<35k
44%
35k-100k
0%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
20%
Single, with Kids
15%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
6%
12-17 yrs old
29%
18-34 yrs old
37%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Soccer
Figure Skating
Where do the neighbors shop?
Burlington
Forever 21
Chico's
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
Bob Evans
What do the neighbors drive?
Dodge
Mazda
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Atlanta, GA
Atlanta's transport infrastructure includes a network of highways, such as the I-285 perimeter and the I-75/I-85 connector, which facilitate commuting and regional travel. Public transit options are available, with a metro system and bus services providing connectivity across the city. The area's walkability varies, with pedestrian-friendly neighborhoods offering sidewalks and bike lanes. Recent initiatives aim to enhance transport efficiency and accessibility, reflecting the city's commitment to improving mobility for all residents.
The community benefits from a robust educational system, with numerous public and private schools, higher education institutions, and specialized training centers. Healthcare services are comprehensive, with several major hospitals and clinics offering a range of medical care. The city's public library system is extensive, providing residents with access to a wealth of resources. Retail and dining experiences are abundant, showcasing everything from high-end boutiques to local eateries that offer a taste of the region's culinary diversity.
Atlanta is celebrated for its vibrant culture and rich history, priding itself on being a hub of arts, entertainment, and innovation. The community's character is shaped by its numerous festivals, including the famous Atlanta Dogwood Festival and the Atlanta Jazz Festival, which reflect the city's diverse cultural tapestry and creative spirit. The area's green spaces, like Piedmont Park, contribute to the city's lively yet relaxed atmosphere.
Atlanta's housing market is diverse, offering a mix of high-rise apartments, traditional single-family homes, and contemporary townhouses. The city's skyline is dotted with modern condominiums, while historic neighborhoods preserve Victorian and Craftsman bungalows. The housing landscape is predominantly composed of single-family homes, which make up a significant portion of the market. Apartments and townhouses are also available, particularly in more urbanized districts, catering to a range of preferences and lifestyles.
About 551 Lake
The listing price of 551 Lake property is $430,000.
The property 551 Lake is a house located in Atlanta, Georgia, 30354.
Active Listing: 551 Lake is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 551 Lake are: Hapeville Elementary School (GreatSchools Rating 6/10), Emma Hutchinson Elementary School (GreatSchools Rating 4/10), Parklane Elementary School (GreatSchools Rating 3/10), Crawford W. Long Middle School (GreatSchools Rating 3/10), Kipp South Fulton Academy School (GreatSchools Rating 6/10), Kipp Vision (GreatSchools Rating 4/10), Aps-Forrest Hills Academy (GreatSchools Rating 1/10), Tri-Cities High School (GreatSchools Rating 2/10), South Atlanta High School (GreatSchools Rating 3/10).
The property at 551 Lake has 3 bedrooms and 2 full and 1 half bathrooms.
The property 551 Lake is 1,850 SqFt (source: MLS/tax record).
The year of construction for 551 Lake is 1945.
This home is located at 551 Lake in Atlanta, GA and zip code 30354. This 1,850 square foot home, which was built in 1945, sits on a 0.18 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $430,000.
In April 2025 more than 266 listings in Atlanta, GA were sold above the asking price. During the same period more than 296 listings were sold at asking price, while more than 650 were sold below. The inventory of homes for sale in Atlanta, GA between March and April 2025 increased by 17.5%. In April 2025 median list price was $424,792 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.