Sold
$100,000
4 beds · 1,200 sqft
2607 John Petree Road, Powder Springs, GA 30127
Great deal
Priced about $177,206 (64%) below comparable homes. Estimated market value $277,206, based on 12 comparable homes in the county.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
FIXER UPPER (priced accordingly) - Same floor plan down the road selling for $40k more! This house has had positive cash flow rental income for the last 7 years. Needs new floors, interior paint, countertops and appliances. Sold AS-IS. Roof and exterior siding are in good condition. Back yard goes to fence and could be opened up nicely. Excellent location and good schools! Agent is part owner in this property.
PoolBasementGarageNo HOA
Listing remarks courtesy of PalmerHouse Properties · Sold by ATLANTA COMMUNITY REAL ESTATE IN.
· FMLS #5774415$684/mo est.
with $10,000 down · $100,000 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
4
Beds
1,200
Sqft
1984
Built
0.21 ac
Lot
1-car
Garage
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,825/morange $1,700 – $1,95021.9% gross yield
Based on 8 similar rentals within 2 mi (2 recently leased).
3 bd · 2 ba · 1,092 sqft · 0.9 mi away$1,800/mo3 bd · 2 ba · 1,474 sqft · 0.7 mi away$1,975/mo3 bd · 3 ba · 1,332 sqft · 1.5 mi away$1,850/mo3 bd · 2 ba · 1,256 sqft · 1.8 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
$713/mo
Principal & interest$584
Property taxes$100
Home insurance$29
Down payment$10,000 (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
DowellElementary
TappMiddle
McEachernHigh
Location
58 for sale 13 pending 12 sold
Listed by
PalmerHouse Properties · Sold by ATLANTA COMMUNITY REAL ESTATE IN
Source: FMLS · #5774415
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