Sold Price cut: $50,999 (10/12)
$1,549,000
5 beds · 6 baths · 5,800 sqft
226 E Lake Drive, Atlanta, GA 30317
Great deal
Priced about $342,863 (18%) below comparable homes. Estimated market value $1,891,863, based on 7 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
JUST REDUCED & amazing value!! An Urban Retreat like no other! (See FABULOUS VIDEO!) Stunning Circa 1906, fully restored English Tudor estate, originally constructed for the first mayor of East Lake, Thomas Paine, and designed by a Neil Reid contemporary. Donna Campbell Home and Jane Bath of Land Arts Garden have impeccably returned this historical property to a breathtaking…
Home details
5
Beds
6
Baths
5,800
Sqft
1906
Built
1 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$7,650/morange $7,125 – $8,1755.9% gross yield
Based on 3 similar rentals within a mile (1 recently leased).
5 bd · 4 ba · 3,580 sqft · 1 mi away · leased$6,995/mo3 bd · 2 ba · 0.8 mi away$2,100/mo3 bd · 1 ba · 0.8 mi away$1,700/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$11,043/mo
Principal & interest$9,042
Property taxes$1,549
Home insurance$452
Down payment$154,900 (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
Fred A. ToomerElementary
Martin L. King Jr.Middle
Maynard JacksonHigh
Location
70 for sale 10 pending 12 sold
Listed by
Beacham and Company Realtors · Sold by Compass
Source: FMLS · #6781669
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