Sold
$49,900
3 beds · 2,412 sqft
1086 Cherry Laurel Drive, Lithonia, GA 30058
Great deal
Priced about $312,190 (86%) below comparable homes. Estimated market value $362,090, based on 3 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
BEAUTIFUL HOME IN AN ESTABLISHED NEIGHBORHOOD. NEEDS A LITTLE TLC. MASER ON THE MAIN. 2 BR+ BONUS ROOM UP STAIRS. LARGE BACKYARD. SHORT SALES CONTINGENT UPON LENDERS APPROVAL. GREAT OPPORTUNITY FOR THE SAVVY INVESTOR
PoolBasementGarageNo HOA
Listing remarks courtesy of SOLID SOURCE REALTY GA LLC · Sold by SOLID SOURCE REALTY GA LLC.
· FMLS #5052728$341/mo est.
with $4,990 down · $49,900 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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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
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Home details
3
Beds
2,412
Sqft
1991
Built
2-car
Garage
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,575/morange $2,400 – $2,75061.9% gross yield
Based on 9 similar rentals within 2 mi (4 recently leased).
3 bd · 3 ba · 1,816 sqft · 1 mi away · leased$1,895/mo3 bd · 2 ba · 1,612 sqft · 1.4 mi away$1,760/mo4 bd · 3 ba · 1,722 sqft · 1 mi away$1,850/mo3 bd · 2 ba · 2,136 sqft · 1.9 mi away$2,000/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$356/mo
Principal & interest$291
Property taxes$50
Home insurance$15
Down payment$4,990 (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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Every list price is checked against our valuation model and local comps.
Licensed agent on every tour
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
PrincetonElementary
StephensonMiddle
StephensonHigh
Location
40 for sale 10 pending 12 sold
Listed by
SOLID SOURCE REALTY GA LLC · Sold by SOLID SOURCE REALTY GA LLC
Source: FMLS · #5052728
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
