Sold
$699,900
3 beds · 2 baths · 1,700 sqft
507 Drexel Avenue, Decatur, GA 30030
Overpriced
Priced about $256,675 (58%) above comparable homes. Estimated market value $443,225, based on 14 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Located in the quaint neighborhood of Lenox Place in Decatur, this newly renovated 3-bedroom home pairs elevated designs with an historic touch. The open-concept floor plan widens the kitchen, dining, and living spaces, featuring a large island with marble countertops, a living room with custom built-ins, a large dining area with bespoke furniture and distressed wood accent…
PoolBasementNo HOARenovated
Listing remarks courtesy of Compass · Sold by Atlanta Fine Homes Sotheby's International.
· FMLS #7035500$4,785/mo est.
with $69,990 down · $699,900 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
Baths
1,700
Sqft
1915
Built
0.2 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$3,900/morange $3,625 – $4,1756.7% gross yield
Based on 6 similar rentals within a mile (2 recently leased).
3 bd · 2 ba · 1,500 sqft · 0.5 mi away$2,995/mo3 bd · 2 ba · 1,324 sqft · 0.7 mi away$2,850/mo3 bd · 4 ba · 1,558 sqft · 0.8 mi away · leased$3,695/mo3 bd · 4 ba · 1,704 sqft · 1 mi away$2,500/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$4,990/mo
Principal & interest$4,086
Property taxes$700
Home insurance$204
Down payment$69,990 (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
Westchester/Fifth AvenueElementary
Beacon HillMiddle
DecaturHigh
Location
58 for sale 22 pending 12 sold
Listed by
Compass · Sold by Atlanta Fine Homes Sotheby's International
Source: FMLS · #7035500
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