Sold Price cut: $125,000 (11/18)
$550,000
4 beds · 3 baths · 1,908 sqft
640 Mae Lane, Alpharetta, GA 30004
Great deal
Priced about $123,281 (18%) below comparable homes. Estimated market value $673,281, based on 10 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Charming ranch-style retreat in prime Alpharetta location! Welcome to this beautiful property located in Alpharetta’s most sought-after area—just minutes from Avalon and the vibrant heart of Downtown Alpharetta. Enjoy the perfect blend of comfort, convenience, and style in this inviting residence. Step inside to discover an open-concept floorplan that’s ideal for modern living…
PoolBasementGarage
Listing remarks courtesy of Mark Spain Real Estate · Sold by First United Realty of Ga, Inc..
· FMLS #7643054$3,761/mo est.
with $55,000 down · $550,000 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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Home details
4
Beds
3
Baths
1,908
Sqft
1999
Built
0.21 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,775/morange $2,575 – $2,9756.1% gross yield
Based on 5 similar rentals within a mile (4 recently leased).
Home facts
Payment calculator
$3,950/mo
Principal & interest$3,211
Property taxes$550
Home insurance$160
HOA$29
Down payment$55,000 (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
Estimated valueListed for sale
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Schools
Crabapple CrossingElementary
NorthwesternMiddle
Milton - FultonHigh
Location
38 for sale 23 pending 12 sold
Listed by
Mark Spain Real Estate · Sold by First United Realty of Ga, Inc.
Source: FMLS · #7643054
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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.
