Sold Price cut: $2,100 (9/27)
$19,900
3 beds · 850 sqft
78 Meldon Avenue, Atlanta, GA 30315
Great deal
Priced about $184,215 (90%) below comparable homes. Estimated market value $204,115, based on 22 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Terrific Investment Opportunity on Ranch in Historic South Atlanta. Minutes to Beltline Development. Brick front with vinyl siding. Fixer upper. Renovate, rent and hold for future potential equity. Surrounding homes valued into the $80k's. Rents in the area are $725/mo.
PoolBasementNo HOARenovated
Listing remarks courtesy of MAXIMUM ONE REALTY GREATER ATL · Sold by Berkshire Hathaway HomeServices Georgia Properties.
· FMLS #5750546$136/mo est.
with $1,990 down · $19,900 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
3
Beds
850
Sqft
1958
Built
0.16 ac
Lot
None
HOA
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,325/morange $1,225 – $1,42579.9% gross yield
Based on 6 similar rentals within a mile (2 recently leased).
3 bd · 2 ba · 840 sqft · 0.7 mi away$1,800/mo3 bd · 2 ba · 1,088 sqft · 0.6 mi away · leased$1,485/mo2 bd · 1 ba · 1,092 sqft · 0.3 mi away$1,995/mo4 bd · 4 ba · 0.6 mi away$4,000/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$142/mo
Principal & interest$116
Property taxes$20
Home insurance$6
Down payment$1,990 (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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Schools
Thomas Heathe SlaterElementary
Judson PriceMiddle
G.W. CarverHigh
Location
69 for sale 11 pending 12 sold
Listed by
MAXIMUM ONE REALTY GREATER ATL · Sold by Berkshire Hathaway HomeServices Georgia Properties
Source: FMLS · #5750546
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