Sold

$550,000

4 beds · 3 baths · 2,300 sqft

1040 Ormewood Avenue, Atlanta, GA 30316

Fair price

Priced in line with comparable homes. Estimated market value $550,000, based on 47 comparable homes nearby.

Estimate from Veribas listing comps — a guide, not an appraisal.

About this home

1945 charm meets new world renovation in Ormewood Park. This light filled open floor plan bungalow boasts 2300 sq. feet of new paint, refinished floors & updated kitchen. Formal sitting room offers original fireplace. Terrace level features 2 bedrooms & full bath. Updated kitchen overlooks family room allowing you to easily entertain. The family room opens to a private back…

PoolBasementGarageNo HOAOpen floor planRenovated

Listing remarks courtesy of Berkshire Hathaway HomeServices Georgia Properties · Sold by Non FMLS Member.

Listing courtesy of Berkshire Hathaway HomeServices Georgia Properties · Sold by Non FMLS Member· FMLS #6656681

$3,761/mo est.

with $55,000 down · $550,000 list price*

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*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.

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Home details

Beds

Baths

2,300

Sqft

1945

Built

0.28 ac

Lot

Veribas Rental Valuation

If you rented it out · from nearby rentals

$3,900/morange $3,625 – $4,1758.5% gross yield

Based on 12 similar rentals within a mile (5 recently leased).

765 Woodland Avenue4 bd · 3 ba · 2,684 sqft · 0.1 mi away · leased$3,950/mo 1129 Sanders Avenue4 bd · 2 ba · 2,059 sqft · 0.6 mi away$4,500/mo 655 Mead Street 383 bd · 3 ba · 2,454 sqft · 0.8 mi away$2,895/mo 954 United Avenue3 bd · 2 ba · 1,936 sqft · 0.5 mi away$3,000/mo

Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.

Home facts

Interior17

CoolingAttic Fan, Ceiling Fan(s), Central Air, Electric Air Filter

HeatingCentral, Electric

LaundryUpper Level

BasementCrawl Space

Bedrooms4

FeaturesDouble Vanity, Entrance Foyer, High Speed Internet, His and Hers Closets, Low Flow Plumbing Fixtures, Walk-In Closet(s)

FlooringCarpet, Hardwood

Bathrooms3

Appliances

Payment calculator

$3,921/mo

Principal & interest$3,211

Property taxes$550

Home insurance$160

Down payment$55,000 (10%)

Interest rate6.750%

Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.

Value & price history

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No surprises at closing

No junk fees — the numbers you agree to are the numbers you sign.

Schools

ParksideElementary

Martin L. King Jr.Middle

Maynard JacksonHigh

Location

60 for sale 20 pending 12 sold

Listed by

Berkshire Hathaway HomeServices Georgia Properties · Sold by Non FMLS Member

Source: FMLS · #6656681

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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.