Sold Price cut: $20,000 (1/30)
$99,000
2 beds · 1 baths · 744 sqft
5068 Lorraine Place, Forest Park, GA 30297
Great deal
Priced about $106,453 (52%) below comparable homes. Estimated market value $205,453, based on 32 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Fixer upper in Forest Park. Exterior is in fair shape and the architectural roof is in excellent shape. Backyard is large, level, open, and fenced. Ideal for flippers or buy and hold investors. Cash/Hard money only.
PoolBasementNo HOA
Listing remarks courtesy of Next Residential Real Estate · Sold by Savvy Estates ATL.
· FMLS #7681277678-428-8276
$677/mo est.
with $9,900 down · $99,000 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
2
Beds
1
Baths
744
Sqft
1940
Built
0.31 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,225/morange $1,150 – $1,30014.8% gross yield
Based on 8 similar rentals within 2 mi (2 recently leased).
2 bd · 1 ba · 750 sqft · 0.5 mi away$1,175/mo2 bd · 1 ba · 750 sqft · 0.5 mi away$1,125/mo2 bd · 1 ba · 700 sqft · 0.8 mi away$1,125/mo2 bd · 1 ba · 700 sqft · 0.8 mi away$1,175/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$706/mo
Principal & interest$578
Property taxes$99
Home insurance$29
Down payment$9,900 (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
Estimated valueListed for salePrice cut
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Schools
Lake CityElementary
BabbMiddle
Forest ParkHigh
Location
41 for sale 6 pending 12 sold
Listed by
Next Residential Real Estate · Sold by Savvy Estates ATL
Source: FMLS · #7681277
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