Sold Price cut: $10,000 (7/10)
$785,000
4 beds · 4 baths · 3,095 sqft
861 Mercer Street, Atlanta, GA 30316
Above market
Priced about $55,526 (8%) above comparable homes. Estimated market value $729,474, based on 40 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
For those wanting it all in Atlanta’s premier and established, Ormewood Park… 861 Mercer is the one! Double Master Retreat * Newly Refinished Hardwood Floors Throughout * Eat-In Kitchen * Separate Breakfast Area * Separate Dining Room w/Butler’s Pantry * Living Room w/Fireplace * Separate Office/Formal Living Room/Library on Main * Scenic Front Porch Views w/Loveseat Swing *…
PoolBasementGarageCul-de-sacNo HOA
Listing remarks courtesy of Coldwell Banker Realty · Sold by Keller Williams Realty Intown ATL.
· FMLS #6741272$5,367/mo est.
with $78,500 down · $785,000 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
4
Beds
4
Baths
3,095
Sqft
2005
Built
0.16 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$6,075/morange $5,650 – $6,5009.3% gross yield
Based on 11 similar rentals within a mile (5 recently leased).
Home facts
Payment calculator
$5,596/mo
Principal & interest$4,582
Property taxes$785
Home insurance$229
Down payment$78,500 (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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No surprises at closing
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Schools
ParksideElementary
Martin L. King Jr.Middle
Maynard JacksonHigh
Location
58 for sale 22 pending 12 sold
Listed by
Coldwell Banker Realty · Sold by Keller Williams Realty Intown ATL
Source: FMLS · #6741272
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