$5,225 Closing Credit¹
#10505182, Joel G. Madden, Listing Office: Keller Williams Atl. Midtown
$440,000 List price
551 Lake Dr Atlanta, GA 30354
$5,225
Closing credit¹
3 beds
2 full, 1 partial
1,850 sqft
0.2 acres
$238 / sqft
House
Property details
About 551 Lake Dr
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
CoolingCeiling Fan(s), Central Air, Electric
Size1,850 sqft
Lot size0.179 Acres
Year builtNew Const., 1945
ParkingDriveway, Kitchen Level, Level Driveway, On Street
MLS #7564111
ViewNeighborhood
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Microwave
- Basement: No
- Flooring Type: Laminate, Ceramic Tile
- Interior: High Ceilings 9 ft Main, Double Vanity, Disappearing Attic Stairs, High Speed Internet, Low Flow Plumbing Fixtures, Recessed Lighting, Walk-In Closet(s)
- Fireplace: None
- Total Bedroom Count: 3
- Private Pool: No
- Parking: Driveway, Kitchen Level, Level Driveway, On Street
- Waterfront: None
- View: Neighborhood
- Exterior: Private Entrance, Private Yard
- Architectural Style: Bungalow
- Heating: Central, Electric, Forced Air
- Cooling: Ceiling Fan(s), Central Air, Electric
- List Price: $440,000
- Price/SqFt: $237
- Lot: Back Yard, Level, Front Yard
- 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: 7564111
- MLS Name: First Multiple Listing Service
- Office Name: Keller Wms Re Atl Midtown
- Office Phone: (404) 604-3100
- Listing Agent: JOEL G MADDEN
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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: 5/1/2025, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$440,000
551 Lake Dr
$5,225
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 majority of Atlanta, GA residents have income less than $<35k annually. Most 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 Dr
The listing price of 551 Lake Dr property is $440,000.
The property 551 Lake Dr is a house located in Atlanta, Georgia, 30354.
Active Listing: 551 Lake Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 551 Lake Dr 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 Dr has 3 bedrooms and 2 full and 1 half bathrooms.
The property 551 Lake Dr is 1,850 SqFt (source: MLS/tax record).
The year of construction for 551 Lake Dr is 1945.
This home is located at 551 Lake Dr 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 $440,000.
Over 245 listings were sold over their listed price in March 2025 in Atlanta, GA. In the same period over 558 listings were sold below the listed price and 207 listings were sold for the listed price. The number of homes for sale in Atlanta, GA increased by 23.8% between February and March 2025. In March 2025, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $423,362.
From Rocket Homes Real Estate and based on county public records data.