Sold Price cut: $6,500 (7/29)
$272,500
4 beds · 2 baths · 2,209 sqft
4064 Chimney Ridge Way, Ellenwood, GA 30294
Great deal
Priced about $111,824 (29%) below comparable homes. Estimated market value $384,324, based on 6 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Welcome to this charming split-level home, currently operating as a successful Airbnb, generating approximately $45K annually in profits. Whether you're looking for an investment property or a new place to call home, this property offers incredible potential. The home boasts of an open floor plan complete with 3 bedrooms on the upper floor, and a loft space perfectly outfitted…
PoolBasementNo HOAOpen floor planRenovated
Listing remarks courtesy of Keller Williams Realty Peachtree Rd. · Sold by Watkins Real Estate Associates.
· FMLS #7600637$1,863/mo est.
with $27,250 down · $272,500 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
Baths
2,209
Sqft
1980
Built
0.38 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,225/morange $2,075 – $2,3759.8% gross yield
Based on 7 similar rentals within 2 mi (2 recently leased).
4 bd · 3 ba · 2,328 sqft · 0.7 mi away$2,700/mo3 bd · 3 ba · 2,139 sqft · 0.6 mi away · leased$2,100/mo4 bd · 3 ba · 0.6 mi away$2,890/mo4 bd · 3 ba · 2,726 sqft · 1 mi away$2,000/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,943/mo
Principal & interest$1,591
Property taxes$273
Home insurance$79
Down payment$27,250 (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
Estimated valueListed for sale
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Schools
Chapel Hill - DekalbElementary
SalemMiddle
Martin Luther King JrHigh
Location
46 for sale 20 pending 12 sold
Listed by
Keller Williams Realty Peachtree Rd. · Sold by Watkins Real Estate Associates
Source: FMLS · #7600637
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