Sold
$500,000
2 beds · 1 baths · 1,023 sqft
1407 Merry Lane, Atlanta, GA 30329
Overpriced
Priced about $226,022 (82%) above comparable homes. Estimated market value $273,978, based on 40 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Offered at $500,000 — Charming 1950’s Shingled Cottage With Heated Pool, Cabana, and Exceptional Outdoor Living. This inviting 2 bedroom, 1 bath cottage blends vintage character with thoughtful updates and a backyard retreat rarely found at this price point. Inside, you’ll find original hardwood floors, a light-filled living room with fireplace, and a separate office featuring…
PoolBasementNo HOA
Listing remarks courtesy of Atlanta Communities Real Estate Brokerage · Sold by Atlanta Fine Homes Sotheby's International.
· FMLS #7690982770-545-7966
$3,419/mo est.
with $50,000 down · $500,000 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
1,023
Sqft
1950
Built
0.43 ac
Lot
1
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,375/morange $2,200 – $2,5505.7% gross yield
Based on 4 similar rentals within a mile (3 recently leased).
Home facts
Payment calculator
$3,565/mo
Principal & interest$2,919
Property taxes$500
Home insurance$146
Down payment$50,000 (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
Estimated valueListed for salePending
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Schools
Briar VistaElementary
Druid HillsMiddle
Druid HillsHigh
Location
71 for sale 9 pending 12 sold
Listed by
Atlanta Communities Real Estate Brokerage · Sold by Atlanta Fine Homes Sotheby's International
Source: FMLS · #7690982
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