Sold Price cut: $10,000 (7/23)
$389,900
2 beds · 1,316 sqft
127 Melrose Avenue, Decatur, GA 30030
Overpriced
Priced about $79,994 (26%) above comparable homes. Estimated market value $309,906, based on 10 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
What a perfect location and Decatur home! Adorable classic 2BR/2BA bungalow in great Decatur location. Lots of period details, hardwood floors, fireplaces. Kitchen has stainless appliances. Updated master bath with shower. Large front porch plus deck and private, fenced backyard. Plantation shutters and blinds throughout. 2 car garage. Walk to Decatur for shopping and restaurants.
PoolBasementGarageNo HOARenovated
Listing remarks courtesy of KELLER KNAPP INC · Sold by RE/MAX METRO ATLANTA CITYSIDE.
· FMLS #5709357$2,666/mo est.
with $38,990 down · $389,900 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.
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Home details
2
Beds
1,316
Sqft
1920
Built
2-car
Garage
2
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,625/morange $2,450 – $2,8008.1% gross yield
Based on 12 similar rentals within a mile (5 recently leased).
2 bd · 2 ba · 1,329 sqft · 0.3 mi away$2,995/mo3 bd · 2 ba · 1,324 sqft · 0.4 mi away$2,850/mo2 bd · 3 ba · 1,200 sqft · 0.9 mi away$2,100/mo2 bd · 1 ba · 864 sqft · 0.4 mi away$1,595/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$2,780/mo
Principal & interest$2,276
Property taxes$390
Home insurance$114
Down payment$38,990 (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
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Schools
Oakhurst/Fifth AvenueElementary
Beacon HillMiddle
DecaturHigh
Location
67 for sale 13 pending 12 sold
Listed by
KELLER KNAPP INC · Sold by RE/MAX METRO ATLANTA CITYSIDE
Source: FMLS · #5709357
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