Sold Price cut: $25,000 (8/17)
$240,000
3 beds · 2 baths · 1,404 sqft
118 W Lake Avenue, Atlanta, GA 30314
Great deal
Priced about $119,091 (33%) below comparable homes. Estimated market value $359,091, based on 48 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This home is the enchantment of CITY LIFE! It is neat, sturdy, and has an amazing OPEN CONCEPT! There is an amazing backyard that makes you forget you are intown at all. Location is everything and you are everywhere fast from here. The Marta station is directly across the street and you can drive straight into town or jump on the highway. MOZLEY PARK is in your backyard! Enjoy…
PoolBasementNo HOAOpen floor plan
Listing remarks courtesy of Drake Realty, Inc · Sold by Keller Williams Realty Cityside.
· FMLS #6728596$1,641/mo est.
with $24,000 down · $240,000 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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Video walkthrough
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Home details
3
Beds
2
Baths
1,404
Sqft
1930
Built
0.17 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,450/morange $2,275 – $2,62512.3% gross yield
Based on 12 similar rentals within a mile (4 recently leased).
3 bd · 2 ba · 1,423 sqft · 0.2 mi away$2,499/mo3 bd · 3 ba · 1,286 sqft · 0.3 mi away · leased$2,500/mo3 bd · 3 ba · 1,750 sqft · 0.1 mi away$2,099/mo3 bd · 2 ba · 1,548 sqft · 0.6 mi away$2,200/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,711/mo
Principal & interest$1,401
Property taxes$240
Home insurance$70
Down payment$24,000 (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
F. L. StantonElementary
John Lewis Invictus Academy/Harper-ArcherMiddle
Frederick DouglassHigh
Location
66 for sale 14 pending 12 sold
Listed by
Drake Realty, Inc · Sold by Keller Williams Realty Cityside
Source: FMLS · #6728596
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