Sold Price cut: $11,000 (8/24)
$489,000
3 beds · 2,705 sqft
1501 Rainier Falls Drive, Atlanta, GA 30329
Great deal
Priced about $152,652 (24%) below comparable homes. Estimated market value $641,652, based on 30 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Spacious home with lots of natural lighht, converted car port could potentially be a fourth bedroom. Hardwood floors throughout home. Large deck looks over quiet back yard.
PoolBasementNo HOA
Listing remarks courtesy of KARAFOTIAS REALTY COMPANY · Sold by KELLER WILLIAMS REALTY INTOWN ATL.
· FMLS #5557530$3,343/mo est.
with $48,900 down · $489,000 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
2,705
Sqft
1963
Built
1
Fireplaces
None
HOA
Veribas Rental Valuation
If you rented it out · from nearby rentals
$4,625/morange $4,300 – $4,95011.3% gross yield
Based on 10 similar rentals within a mile (4 recently leased).
Home facts
Payment calculator
$3,486/mo
Principal & interest$2,854
Property taxes$489
Home insurance$143
Down payment$48,900 (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
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Schools
Briar VistaElementary
Druid HillsMiddle
Druid HillsHigh
Location
66 for sale 14 pending 12 sold
Listed by
KARAFOTIAS REALTY COMPANY · Sold by KELLER WILLIAMS REALTY INTOWN ATL
Source: FMLS · #5557530
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
