Sold Price cut: $30,000 (9/6)
$425,000
3 beds · 1,631 sqft
506 Lorell Terrace, Sandy Springs, GA 30328
Overpriced
Priced about $175,996 (71%) above comparable homes. Estimated market value $249,004, based on 4 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Spacious Hammond Hills Mid-Century Brick Ranch on a Full Basement. 2010 New Roof, HVAC & commodes. Previous owners expanded Master Bedroom (22 x 15) and added a walk-in closet, also added a LARGE workshop attached to rear of house at terrace level. Original Hardwood Floors & Bathroom tile. Large Kitchen includes eat-in area, Formal Living/Dining w/FP. Finished basement has wet…
PoolBasementNo HOA
Listing remarks courtesy of Virtual Properties Realty.com · Sold by New Western Acquisitions.
· FMLS #6054960$2,906/mo est.
with $42,500 down · $425,000 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
1,631
Sqft
1957
Built
0.56 ac
Lot
2
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$3,250/morange $3,025 – $3,4759.2% gross yield
Based on 12 similar rentals within a mile (4 recently leased).
Home facts
Payment calculator
$3,030/mo
Principal & interest$2,481
Property taxes$425
Home insurance$124
Down payment$42,500 (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
High PointElementary
Ridgeview CharterMiddle
Riverwood International CharterHigh
Location
69 for sale 11 pending 12 sold
Listed by
Virtual Properties Realty.com · Sold by New Western Acquisitions
Source: FMLS · #6054960
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