Sold Price cut: $10,000 (7/9)
$325,000
3 beds · 2 baths · 1,544 sqft
1513 Melrose Drive, Atlanta, GA 30310
Great deal
Priced about $55,129 (15%) below comparable homes. Estimated market value $380,129, based on 49 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Perched atop one of Sylvan Hills' most picturesque, tree-lined streets, this charming brick bungalow offers the perfect blend of timeless character and major system upgrades. While many homes in this price range require significant deferred maintenance, 1513 Melrose Drive has benefited from extensive investment over the past five years, providing buyers with peace of mind and…
PoolBasementNo HOARenovated
Listing remarks courtesy of Engel & Volkers Atlanta · Sold by Keller Williams Realty Cityside.
· FMLS #7786955404-845-7724
$2,222/mo est.
with $32,500 down · $325,000 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
2
Baths
1,544
Sqft
1945
Built
0.22 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,350/morange $2,175 – $2,5258.7% gross yield
Based on 12 similar rentals within a mile (3 recently leased).
3 bd · 2 ba · 1,710 sqft · 0.2 mi away$2,395/mo3 bd · 2 ba · 1,659 sqft · 0.5 mi away$1,995/mo3 bd · 2 ba · 1,674 sqft · 0.5 mi away$2,300/mo3 bd · 2 ba · 0.1 mi away$3,600/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$2,317/mo
Principal & interest$1,897
Property taxes$325
Home insurance$95
Down payment$32,500 (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
Estimated valueListed for salePrice cut
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Schools
T. J. PerkersonElementary
Sylvan HillsMiddle
G.W. CarverHigh
Location
68 for sale 12 pending 12 sold
Listed by
Engel & Volkers Atlanta · Sold by Keller Williams Realty Cityside
Source: FMLS · #7786955
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