Sold Price cut: $25,100 (6/22)
$424,900
2 beds · 958 sqft
506 E Lake Drive, Decatur, GA 30030
Overpriced
Priced about $220,829 (108%) above comparable homes. Estimated market value $204,071, based on 3 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Absolute Oakhurst charmer within 300 yards of Oakhurst Square. City of Decatur schools. Situated on a large parcel and ample room to grow. Hardwoods, renovated kitchen ATTACHED 1 car garage (and storage) are just a few of the features that will make you fall in love with this house. Be sure to check out the office addition which could easily be converted to a 3rd bedroom.
PoolBasementNo HOARenovated
Listing remarks courtesy of KELLER WILLIAMS REALTY METRO ATL · Sold by Engel.
· FMLS #5849629$2,905/mo est.
with $42,490 down · $424,900 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
958
Sqft
1940
Built
1
Fireplaces
None
HOA
May 18, 2017
Listed
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,050/morange $1,900 – $2,2005.8% gross yield
Based on 7 similar rentals within a mile (2 recently leased).
2 bd · 1 ba · 864 sqft · 0.4 mi away$1,595/mo2 bd · 2 ba · 1,031 sqft · 0.4 mi away$2,900/mo2 bd · 2 ba · 1,329 sqft · 0.2 mi away$2,995/mo2 bd · 1 ba · 856 sqft · 0.8 mi away · leased$1,345/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$3,029/mo
Principal & interest$2,480
Property taxes$425
Home insurance$124
Down payment$42,490 (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
71 for sale 9 pending 12 sold
Listed by
KELLER WILLIAMS REALTY METRO ATL · Sold by Engel
Source: FMLS · #5849629
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