Sold Price cut: $15,000 (2/7)
$420,000
4 beds · 2,480 sqft
2384 Melinda Drive, Atlanta, GA 30345
Great deal
Priced about $168,280 (29%) below comparable homes. Estimated market value $588,280, based on 44 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Move-in ready home on .7-acre lot with private backyard backing-up to Peachtree Creek. Central location in Echo Hills off 85 and Shallowford/Briarcliff Rd. Easy access to Oak Grove, Brookhaven, and Decatur. Walk to Echo Ridge Swim & Tennis Club. Near Lakeside High, St. Pius & Globe Academy.
New roof, insulation, AC. Fresh paint inside and out. Hardwoods throughout, stone…
PoolBasementNo HOARenovated
Listing remarks courtesy of KELLER WILLIAMS RLTY, FIRST ATLANTA · Sold by PalmerHouse Properties.
· FMLS #5791474$2,872/mo est.
with $42,000 down · $420,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
4
Beds
2,480
Sqft
1960
Built
0.7 ac
Lot
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$3,700/morange $3,450 – $3,95010.6% gross yield
Based on 5 similar rentals within a mile (3 recently leased).
4 bd · 3 ba · 2,539 sqft · 0.2 mi away$3,395/mo4 bd · 3 ba · 2,003 sqft · 0.7 mi away · leased$2,875/mo3 bd · 4 ba · 2,160 sqft · 1 mi away$3,400/mo5 bd · 5 ba · 0.8 mi away · leased$4,000/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$2,995/mo
Principal & interest$2,452
Property taxes$420
Home insurance$123
Down payment$42,000 (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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Every list price is checked against our valuation model and local comps.
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No surprises at closing
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Schools
Hawthorne - DekalbElementary
Henderson - DekalbMiddle
Lakeside - DekalbHigh
Location
67 for sale 13 pending 12 sold
Listed by
KELLER WILLIAMS RLTY, FIRST ATLANTA · Sold by PalmerHouse Properties
Source: FMLS · #5791474
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