Sold
$626,000
3 beds · 3 baths · 2,501 sqft
309 Melrose Avenue, Decatur, GA 30030
Overpriced
Priced about $86,083 (16%) above comparable homes. Estimated market value $539,917, based on 13 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Bright, cheery home with tons of natural light on dead-end street in Decatur High School district. Live within walking distance to downtown Decatur, Oakhurst Village and East Lake MARTA station. Open concept living space, bonus office with built-ins, separate dining room, spacious bedrooms, lovely view of trees from double French doors and spacious deck overlooking large…
PoolBasementNo HOAOpen floor planRenovated
Listing remarks courtesy of Keller Williams Rlty, First Atlanta · Sold by Karafotias Realty Company.
· FMLS #6568782$4,280/mo est.
with $62,600 down · $626,000 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
Baths
2,501
Sqft
1994
Built
0.2 ac
Lot
1
Veribas Rental Valuation
If you rented it out · from nearby rentals
$5,075/morange $4,725 – $5,4259.7% gross yield
Based on 8 similar rentals within a mile (5 recently leased).
3 bd · 4 ba · 2,997 sqft · 0.4 mi away · leased$5,000/mo3 bd · 2 ba · 1,500 sqft · 0.5 mi away$2,995/mo3 bd · 2 ba · 1,324 sqft · 0.5 mi away$2,850/mo3 bd · 4 ba · 1,558 sqft · 0.9 mi away · leased$3,695/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$4,463/mo
Principal & interest$3,654
Property taxes$626
Home insurance$183
Down payment$62,600 (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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Schools
Westchester/Fifth AvenueElementary
Beacon HillMiddle
DecaturHigh
Location
61 for sale 19 pending 12 sold
Listed by
Keller Williams Rlty, First Atlanta · Sold by Karafotias Realty Company
Source: FMLS · #6568782
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