Sold
$249,999
3 beds · 1,300 sqft
1321 Mercer Avenue, East Point, GA 30344
Overpriced
Priced about $71,128 (40%) above comparable homes. Estimated market value $178,871, based on 4 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Beautiful Craftsman bungalow in popular Egan Park! Rare open floor plan with vaulted ceilings. Hardwoods throughout, granite countertops and stainless steel appliances. Huge fenced in backyard with deck and patio are an entertainer's dream. New roof, HVAC, electrical, plumbing. Everything is new. Landscaping with irrigation. Priced to sell so act quickly.
PoolBasementNo HOAOpen floor plan
Listing remarks courtesy of COLDWELL BANKER RESIDENTIAL BROKERAGE · Sold by PalmerHouse Properties.
· FMLS #5931356$1,709/mo est.
with $25,000 down · $249,999 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
1,300
Sqft
1925
Built
0.19 ac
Lot
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,100/morange $1,950 – $2,25010.1% gross yield
Based on 8 similar rentals within a mile (4 recently leased).
3 bd · 2 ba · 1,283 sqft · 0.6 mi away$1,900/mo3 bd · 2 ba · 1,140 sqft · 0.8 mi away · leased$2,700/mo3 bd · 2 ba · 1,098 sqft · 0.8 mi away$1,750/mo3 bd · 2 ba · 1,100 sqft · 1 mi away$1,650/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,782/mo
Principal & interest$1,459
Property taxes$250
Home insurance$73
Down payment$25,000 (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
Conley HillsElementary
Paul D. WestMiddle
Tri-CitiesHigh
Location
69 for sale 11 pending 12 sold
Listed by
COLDWELL BANKER RESIDENTIAL BROKERAGE · Sold by PalmerHouse Properties
Source: FMLS · #5931356
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