Sold Price cut: $30,000 (6/28)
$315,000
3 beds
1616 Flat Shoals Road, Atlanta, GA 30316
About this home
Live in HOT East Atlanta!! This 1940's home is located just one mile from the East Atlanta Village. It has modern updates yet some original touches that gives this place so much character. Updated kitchen and bathrooms and new paint through out. It also includes a detached guest house in the back. This could be used as an office, a place to stay when you have guests or…
PoolBasementNo HOARenovated
Listing remarks courtesy of KELLER WILLIAMS RLTY-PTREE RD · Sold by ATLANTA COMMUNITIES.
· FMLS #6004838$2,154/mo est.
with $31,500 down · $315,000 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
1940
Built
1
Fireplaces
None
HOA
$2,618/yr
Est. taxes
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,800/morange $2,600 – $3,00010.7% gross yield
Based on 12 similar rentals within a mile (5 recently leased).
3 bd · 4 ba · 0.1 mi away$4,900/mo3 bd · 3 ba · 1,570 sqft · 0.4 mi away$2,775/mo3 bd · 2 ba · 0.6 mi away$2,500/mo3 bd · 3 ba · 0.7 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
$2,246/mo
Principal & interest$1,839
Property taxes$315
Home insurance$92
Down payment$31,500 (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
Burgess-PetersonElementary
Martin L. King Jr.Middle
Maynard JacksonHigh
Location
71 for sale 9 pending 12 sold
Listed by
KELLER WILLIAMS RLTY-PTREE RD · Sold by ATLANTA COMMUNITIES
Source: FMLS · #6004838
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
