Sold Price cut: $146,000 (5/7)
$649,000
3 beds · 2 baths · 1,634 sqft
3510 Velma Drive, Powder Springs, GA 30127
Overpriced
Priced about $336,604 (108%) above comparable homes. Estimated market value $312,396, based on 8 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
OVER 6 ACRES!! Originally a double lot that was combined to make one large wide lot. Spring fed water source (creek) that runs through the property. Water access to the back of property. Community has several horse farms, a commercial Micro-farm, and an Alpaca farm. Don't miss out on this chance at beautiful country living.
PoolBasementGarageNo HOA
Listing remarks courtesy of Local Realty GA, LLC · Sold by Local Realty GA, LLC.
· FMLS #6876350$4,645/mo est.
with $64,900 down · $649,000 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 7.28%, the national average for the week of Oct 1, plus property taxes. Insurance and HOA are extra. Not an APR or a loan offer.
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Home details
3
Beds
2
Baths
1,634
Sqft
1977
Built
6.4 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,750/morange $2,550 – $2,9505.1% gross yield
Based on 5 similar rentals within 2 mi (2 recently leased).
3 bd · 2 ba · 1,204 sqft · 1 mi away · leased$1,990/mo3 bd · 2 ba · 1 mi away$2,200/mo3 bd · 3 ba · 2,194 sqft · 1.2 mi away$2,400/mo3 bd · 2 ba · 1,248 sqft · 1.8 mi away$2,150/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$4,834/mo
Principal & interest$3,996
Property taxes$649
Home insurance$189
Down payment$64,900 (10%)
Interest rate7.280%
Starts at today’s national average for a 30-year fixed, 7.28% (week of Oct 1). Not an APR or a loan offer. 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
DowellElementary
LovinggoodMiddle
HillgroveHigh
Location
29 for sale 6 pending 12 sold
Listed by
Local Realty GA, LLC · Sold by Local Realty GA, LLC
Source: FMLS · #6876350
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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.
