Sold
$108,000
3 beds · 2,198 sqft
1584 REEL LAKE Drive N/A, Atlanta, GA 30331
Great deal
Priced about $381,000 (78%) below comparable homes. Estimated market value $489,000, based on 36 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
SPACIOUS 3 BEDROOM, 2.5 BATH TOWNHOME IN FAMILY ORIENTED COMMUINITY. LGE FOYER LEADS TO OPEN FAMILY RM WITH CORNER ELECTRIC FIREPLACE W/REMOTE. LOVELY GOURMET KIT WITH GRANITE CTRS, STAINLESS STEEL APPLIANCES WHICH OPENS UP TO BREAKFAST BAR & FORMAL DINING RM. RETREAT LIKE MASTER BEDRM WITH SITTING RM, LGE WALK IN CLOSET. LOUNGE TYPE LOFT UPSTAIRS. "SALE IS CONTINGENT UPON THE SELLER OBTAINING THE PRIOR WRITTEN APPROVAL OF BANK OF AMERICA"
PoolGarage
Listing remarks courtesy of PALMERHOUSE PROPERTIES · Sold by SOLID SOURCE REALTY GA LLC.
· FMLS #5095209$738/mo est.
with $10,800 down · $108,000 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.
Make an offer
Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
In-person tour
As soon as today with a Veribas agent
Video walkthrough
Live from the home, on your schedule
Home details
3
Beds
2,198
Sqft
2007
Built
2-car
Garage
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,800/morange $2,600 – $3,00031.1% gross yield
Based on 6 similar rentals within 2 mi (1 recently leased).
3 bd · 3 ba · 1,967 sqft · 0.1 mi away · leased$2,300/mo3 bd · 3 ba · 0 mi away$2,500/mo3 bd · 2 ba · 2,112 sqft · 0.9 mi away$2,300/mo3 bd · 3 ba · 1,783 sqft · 0.7 mi away$2,550/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$920/mo
Principal & interest$630
Property taxes$108
Home insurance$32
HOA$150
Down payment$10,800 (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
We stand behind every home
AI-verified pricing
Every list price is checked against our valuation model and local comps.
Licensed agent on every tour
A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Stonewall TellElementary
SandtownMiddle
WestlakeHigh
Location
25 for sale 12 pending 12 sold
Listed by
PALMERHOUSE PROPERTIES · Sold by SOLID SOURCE REALTY GA LLC
Source: FMLS · #5095209
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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.
