Sold
$289,900
3 beds · 2 baths · 1,232 sqft
85 Meldon Avenue, Atlanta, GA 30315
Good deal
Priced about $14,609 (5%) below comparable homes. Estimated market value $304,509, based on 36 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This offering presents a prime opportunity to acquire a stabilized, income-producing residential investment property located
in the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totaling
approximately 1,232 square feet, situated on a corner lot with a large, level backyard and convenient off-street parking.
Originally…
PoolBasementNo HOARenovated
Listing remarks courtesy of Coldwell Banker Realty · Sold by Non FMLS Member.
· FMLS #7731909770-993-9200
$1,982/mo est.
with $28,990 down · $289,900 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
Baths
1,232
Sqft
1920
Built
0.15 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,975/morange $1,825 – $2,1258.2% gross yield
Based on 12 similar rentals within a mile (1 recently leased).
3 bd · 2 ba · 1,088 sqft · 0.7 mi away · leased$1,485/mo2 bd · 1 ba · 1,092 sqft · 0.2 mi away$1,995/mo3 bd · 3 ba · 1,595 sqft · 0.4 mi away$2,115/mo3 bd · 1 ba · 1,144 sqft · 1 mi away$1,800/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$2,067/mo
Principal & interest$1,692
Property taxes$290
Home insurance$85
Down payment$28,990 (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
Estimated valueListed for salePending
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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
Thomas Heathe SlaterElementary
Judson PriceMiddle
G.W. CarverHigh
Location
68 for sale 12 pending 12 sold
Listed by
Coldwell Banker Realty · Sold by Non FMLS Member
Source: FMLS · #7731909
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