Sold Price cut: $15,000 (4/11)
$215,000
2 beds · 1 baths · 1,040 sqft
1987 Merle Circle, Decatur, GA 30032
Great deal
Priced about $45,948 (18%) below comparable homes. Estimated market value $260,948, based on 5 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This 2 bedroom, 1 bathroom home offers a great opportunity for investors or buyers looking to customize a property and add value. Situated in the desirable East Lake Terrace area of Decatur, this property is conveniently located near restaurants, parks, and major highways, providing easy access to everything the city has to offer. Positioned in one of the most sought after…
PoolBasementNo HOA
Listing remarks courtesy of Keller Williams Realty West Atlanta · Sold by Keller Williams Realty West Atlanta.
· FMLS #7730239470-907-8266
$1,470/mo est.
with $21,500 down · $215,000 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
1,040
Sqft
1950
Built
0.25 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,750/morange $1,625 – $1,8759.8% gross yield
Based on 12 similar rentals within a mile (5 recently leased).
Home facts
Payment calculator
$1,533/mo
Principal & interest$1,255
Property taxes$215
Home insurance$63
Down payment$21,500 (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
ToneyElementary
Columbia - DekalbMiddle
ColumbiaHigh
Location
65 for sale 15 pending 12 sold
Listed by
Keller Williams Realty West Atlanta · Sold by Keller Williams Realty West Atlanta
Source: FMLS · #7730239
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