Sold
$439,000
3 beds · 1 baths · 1,023 sqft
506 E Lake Drive, Decatur, GA 30030
Overpriced
Priced about $203,911 (87%) above comparable homes. Estimated market value $235,089, based on 8 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Charming Cape Cod-ish cottage with hardwoods throughout. Kitchen features granite counters, newer cabinets and stainless appliances. Attached one car garage along with a standalone work shop (or use as additional storage). One of the bedrooms was once a porch, now enclosed with a closet. Could be used accordingly or as a great office with plenty of light. Home’s in truly…
PoolBasementGarageNo HOA
Listing remarks courtesy of Compass · Sold by Chapman Hall Realty.
· FMLS #6623731$3,002/mo est.
with $43,900 down · $439,000 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
3
Beds
1
Baths
1,023
Sqft
1940
Built
0.3 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,000/morange $1,850 – $2,1505.5% gross yield
Based on 8 similar rentals within a mile (3 recently leased).
2 bd · 2 ba · 1,031 sqft · 0.4 mi away$2,900/mo2 bd · 1 ba · 864 sqft · 0.4 mi away$1,595/mo3 bd · 2 ba · 1,324 sqft · 0.5 mi away$2,850/mo2 bd · 2 ba · 1,329 sqft · 0.2 mi away$2,995/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$3,130/mo
Principal & interest$2,563
Property taxes$439
Home insurance$128
Down payment$43,900 (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
Oakhurst/Fifth AvenueElementary
Beacon HillMiddle
DecaturHigh
Location
69 for sale 11 pending 12 sold
Listed by
Compass · Sold by Chapman Hall Realty
Source: FMLS · #6623731
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