Set on a fenced 2.62-acre (approximate) lot with road frontage on Melissa Dr, Wally Cir, and Rosewood Dr, this spacious and flexible property in Trenton offers a rare combination of privacy, functionality, and stabilized income. The property is currently tenant-occupied with a lease which extends through August 1, 2027. Current rent is $2,885 per month, providing immediate…
No HOARenovated
Listing remarks courtesy of Dixon Homes Realty.
Listing courtesy of Dixon Homes Realty· GAMLS #10779269
These lenders are independent and not affiliated with Veribas Real Estate. You are free to choose any lender. Are you a lender?
*Estimate — 30-yr fixed at 7.11%, the national average for the week of Nov 12, plus property taxes. Insurance and HOA are extra. Not an APR or a loan offer.
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Home details
1980
Built
2.6 ac
Lot
1
Fireplaces
None
HOA
$3,960.63/yr
Est. taxes
108 days on market
Listed
Offer insights
Choose an offer strength
List price: $405,000
$401K–$404K
70% to 90% chance of a winning offer
Just under asking — competitive when the home is fresh.
108 days on market — sitting listings negotiate. A moderate offer here does more than these odds suggest.
Balanced-market odds from list price and typical winning offers — your agent tunes this to the street. Ask a Veribas agent before you commit a number.
Home facts
Interior4
CoolingCentral Air, Electric
HeatingCentral, Natural Gas
BasementCrawl Space
Fireplaces1
Property5
LevelsOne
Lot size2.6 ac
Parcel numberT06 13 001 02
Attached garageNo
Parking featuresOff Street, Parking Shed
Construction6
ConditionUpdated/Remodeled
Home typeResidential Income
MaterialsBlock
Year built1,980
New constructionNo
Property subtypeMulti Family
Utilities & green energy3
SewerPublic Sewer
WaterPublic
Utilities for propertySewer Connected
Community & HOA4
Has HOANo
SubdivisionRosewood
Services includedNone
Community featuresNone
Financial & listing details2
Annual tax amount$3,961
Cumulative days on market108
Payment calculator
$2,857/mo
Principal, interest & taxes · $2,975/mo with home insurance
Principal & interest$2,452
Property taxes$405
Home insurance$118
Down payment$40,500 (10%)
Interest rate7.110%
Starts at today’s national average for a 30-year fixed, 7.11% (week of Nov 12). Not an APR or a loan offer. Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Assumable loan
Likely assumable FHA loan
HUD’s public FHA records show a $328,932 FHA loan that started in May 2024, matching the owner’s purchase of this home. FHA loans can usually be taken over by a qualified buyer. It may have been refinanced or paid down since, so ask below and we’ll confirm it with the listing agent. The low rate covers only the loan balance; the rest of the price is yours to bring, in cash or with a second loan.
Rate
Not published
Original lender
Bay Equity LLC
Loan term
Not published
Started
May 2024
Public records show this loan’s rate, but not its term, so we don’t show the number. Ask below and we’ll get the rate, lender and loan term from the listing agent.
Rates, lenders, terms and balances come from three places only: the listing agent's own remarks; the FHA loan in HUD's public FHA Single Family Portfolio Snapshot that matches the owner's recorded MLS purchase to the dollar (shown as "Likely"; the lender named is the loan's original lender, which may no longer service it, and the balance is the original loan paid down on schedule, so the loan may since have been refinanced, modified or paid down faster); or a Veribas agent's confirmation with the listing agent. A rate is shown when the listing description states it (labelled as such) or when its lender and loan term are known; payments are shown only when the lender and term are known. Otherwise ask and we'll get them. Rates shown are the existing loan's note rate, not an annual percentage rate (APR), and not an offer of credit from Veribas. Payments shown are principal, interest and estimated property taxes; homeowners insurance, FHA mortgage insurance, VA or FHA assumption fees and HOA dues are extra, so the actual payment will be higher. Down payments assume a second loan at 8.5% over 30 years up to 90% of the price combined; that is an illustration, not a loan offer. The loan servicer (and, for VA loans, the VA) approves every assumption, and the buyer must qualify. VA loans can be assumed by non-veterans, but the seller's VA entitlement stays tied to the loan unless the buyer is a veteran who substitutes theirs. Verify the rate, lender, term and balance with the listing agent before you offer.
Down payment assistance
Middle-income census tract 13083040102 · Dade County · FFIEC 2026
Georgia Dream down payment assistance
Up to $10,000 or 5% of the price · Deferred loan (0% — repaid on sale, refinance or payoff)
For down payment. First-time buyers only. 640+ credit score. Ends Dec 31, 2026.
The State of Georgia's program (Georgia DCA), offered through Southeast Mortgage. A 0% second mortgage with no monthly payment covers 5% of the price up to $10,000 (6% up to $12,500 for nurses, educators, public protectors and households with a disabled member); repaid when you sell, refinance or move out. First-time buyers (no home in 3 years; waived in targeted areas and for veterans), household income and price limits by county, 640+ credit, $1,000 of your own money, homebuyer education. Source: dca.georgia.gov and southeastmortgage.com/uga (checked 2026-09-24).
Chenoa Fund down payment assistance
5% of the price · Forgivable loan (forgiven after a set time in the home)
For down payment. 600+ credit score. Ends Dec 31, 2026.
A second mortgage for 3.5% or 5% of the price, paired with an FHA loan through Southeast Mortgage. The forgivable version is 0% and forgiven after 36 on-time payments (due in full if you sell or refinance sooner); a repayable version is paid monthly over 10 years. No income limit, repeat buyers welcome, 600+ credit. Source: chenoafund.org and southeastmortgage.com/uga (checked 2026-09-24).
Georgia Dream down payment assistance
Up to $10,000 or 5% of the price · Deferred loan (0% — repaid on sale, refinance or payoff)
For down payment. First-time buyers only. 640+ credit score. Ends Dec 31, 2026.
The State of Georgia's program (Georgia DCA), offered through Truist, a Georgia Dream participating lender. A 0% second mortgage with no monthly payment covers 5% of the price up to $10,000 (6% up to $12,500 for nurses, educators, public protectors and households with a disabled member); repaid when you sell, refinance or move out. First-time buyers (no home in 3 years; waived in targeted areas and for veterans), household income and price limits by county, 640+ credit, $1,000 of your own money, homebuyer education. Source: dca.georgia.gov (lender list and program matrix, checked 2026-09-24).
Truist Community Homeownership Incentive Program (CHIP)
up to 100% financing · Low down payment loan (the home loan itself — little or nothing down)
For down payment, mortgage insurance. Ends Dec 31, 2026.
A Truist home loan with little or nothing down — not a grant. Up to 100% financing in the Atlanta-Sandy Springs-Alpharetta metro and up to 97% elsewhere, no mortgage insurance, at least $500 of your own money, 30-year fixed up to the conforming limit. Income limits and homebuyer education may apply. Source: truist.com/mortgage/affordable-home-loan-options (checked 2026-09-24).
Programs are published by the lenders, who set and confirm eligibility. The home's census tract is one requirement; buyer income, credit and other rules also apply.
Value & price history
Estimated valuePendingSold
Sold
May 1, 2024 · Earlier listing
$335,000
0%
Pending
Apr 9, 2024 · Earlier listing
$335,000
Property tax history
Year
Property taxes
2026
$3,961
-11.8%
2024
$4,491
Annual taxes as reported on each MLS listing of this home. A new owner’s bill can differ: Georgia homestead and senior exemptions don’t transfer with a sale.
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