Sold Price cut: $51,000 (6/29)
$599,000
3 beds · 3,150 sqft
5585 Lake Forrest Drive, Atlanta, GA 30342
Great deal
Priced about $141,565 (19%) below comparable homes. Estimated market value $740,565, based on 24 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Renovated home in Heards Ferry Elem. on just over 1 level acre near Chastain! Foyer opens to Dining Rm and Living Rm and to Fam Rm with Frplc and built-ins. Chef's Kitchen with butcher block counters, 5-burner gas range, Bosch dishwasher, opens to Breakfast Rm with views to priv bkyd. Owner's suite on main with luxury marble bath, Office, Powder Rm and 2 hall closets. Upstairs…
PoolBasementNo HOARenovated
Listing remarks courtesy of HARRY NORMAN REALTORS · Sold by HARRY NORMAN REALTORS.
· FMLS #5536467$4,096/mo est.
with $59,900 down · $599,000 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
3,150
Sqft
1960
Built
1
Fireplaces
None
HOA
Veribas Rental Valuation
If you rented it out · from nearby rentals
$5,550/morange $5,150 – $5,95011.1% gross yield
Based on 5 similar rentals within a mile (1 recently leased).
4 bd · 4 ba · 3,038 sqft · 0.6 mi away$5,000/mo3 bd · 4 ba · 2,070 sqft · 0.5 mi away$4,000/mo3 bd · 3 ba · 2,398 sqft · 0.8 mi away · leased$4,000/mo3 bd · 3 ba · 1,953 sqft · 0.9 mi away$3,700/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$4,271/mo
Principal & interest$3,497
Property taxes$599
Home insurance$175
Down payment$59,900 (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
Heards FerryElementary
Ridgeview CharterMiddle
Riverwood International CharterHigh
Location
67 for sale 13 pending 12 sold
Listed by
HARRY NORMAN REALTORS · Sold by HARRY NORMAN REALTORS
Source: FMLS · #5536467
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