Sold
$495,000
2 beds · 2 baths · 1,040 sqft
316 Nelms Avenue, Atlanta, GA 30307
Overpriced
Priced about $209,113 (73%) above comparable homes. Estimated market value $285,887, based on 46 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Welcome home to your idyllic cottage in the heart of Lake Claire with picturesque landscaping and exceptional flow from the welcoming interior spaces to the crowd-pleasing outdoor spaces with designated entertaining areas. Step inside the open concept great room with plenty of room for entertaining family and friends in the cozy yet inviting living room leading into the bright…
PoolBasementNo HOAOpen floor planRenovated
Listing remarks courtesy of Keller Williams Realty Intown ATL · Sold by Keller Williams Realty Intown ATL.
· FMLS #7024800$3,385/mo est.
with $49,500 down · $495,000 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
2
Beds
2
Baths
1,040
Sqft
1973
Built
0.1 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,000/morange $1,850 – $2,1504.8% gross yield
Based on 12 similar rentals within a mile (3 recently leased).
2 bd · 2 ba · 1,133 sqft · 0.5 mi away$2,570/mo1 bd · 2 ba · 1,074 sqft · 0.4 mi away$2,590/mo2 bd · 2 ba · 1,476 sqft · 0.2 mi away$2,850/mo2 bd · 2 ba · 1,120 sqft · 0.9 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
$3,529/mo
Principal & interest$2,890
Property taxes$495
Home insurance$144
Down payment$49,500 (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
Mary LinElementary
David T HowardMiddle
MidtownHigh
Location
75 for sale 5 pending 12 sold
Listed by
Keller Williams Realty Intown ATL · Sold by Keller Williams Realty Intown ATL
Source: FMLS · #7024800
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