Sold
$60,000
3 beds · 1,642 sqft
257 W Lake Avenue, Atlanta, GA 30314
Great deal
Priced about $331,796 (85%) below comparable homes. Estimated market value $391,796, based on 52 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Great Investment Opportunity to Renovate a large Craftsman style Bungalow in the west side of Atlanta! Property is close to the Bellwood Quarry Development and other West Midtown amenities. The majority of the house has already been gutted. There is a 2-story ceiling and a partial basement. A long driveway, 2-car carport, and a large back yard. Increase the square footage!…
PoolBasementNo HOARenovated
Listing remarks courtesy of RE/MAX Platinum Access · Sold by Atlanta Communities.
· FMLS #6093313$410/mo est.
with $6,000 down · $60,000 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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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
1,642
Sqft
1920
Built
0.34 ac
Lot
2
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,300/morange $2,150 – $2,45046.0% gross yield
Based on 12 similar rentals within a mile (6 recently leased).
3 bd · 3 ba · 1,632 sqft · 0.4 mi away · leased$2,040/mo3 bd · 3 ba · 1,661 sqft · 0.4 mi away · leased$1,900/mo3 bd · 3 ba · 1,790 sqft · 0.3 mi away$2,325/mo3 bd · 2 ba · 1,700 sqft · 0.5 mi away$1,900/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$428/mo
Principal & interest$350
Property taxes$60
Home insurance$18
Down payment$6,000 (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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Every list price is checked against our valuation model and local comps.
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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
F. L. StantonElementary
Herman J. Russell West End AcademyMiddle
Booker T. WashingtonHigh
Location
65 for sale 15 pending 12 sold
Listed by
RE/MAX Platinum Access · Sold by Atlanta Communities
Source: FMLS · #6093313
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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.
