Sold
$38,500
4 beds · 1,040 sqft
1322 RICHARD Street, Gainesville, GA 30501
Great deal
Priced about $190,380 (83%) below comparable homes. Estimated market value $228,880, based on 67 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
1950'S VINYL RANCH BUNGALOW WITH 4 BEDRMS & 2 BATHS NEAR 985. COVERED FRONT PORCH, ON A CRAWL SPACE & LARGE FENCED FRONT YARD. MATURE TREES OUT BACK PROVIDING PRIVACY. TILED KITCHEN & GREAT RM. GREAT INVESTMENT POTENTIAL.
PoolBasementNo HOA
Listing remarks courtesy of REMAX LEGENDS · Sold by NON FMLS MEMBER.
· FMLS #5032406$263/mo est.
with $3,850 down · $38,500 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
1,040
Sqft
1950
Built
None
HOA
$696/yr
Est. taxes
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,625/morange $1,500 – $1,75050.6% gross yield
Based on 4 similar rentals within 2 mi (2 recently leased).
3 bd · 2 ba · 1,254 sqft · 1.2 mi away$2,200/mo2 bd · 3 ba · 1,200 sqft · 0.9 mi away · leased$1,725/mo2 bd · 3 ba · 0.9 mi away$4,000/mo3 bd · 2 ba · 1,613 sqft · 2 mi away · leased$1,950/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$275/mo
Principal & interest$225
Property taxes$39
Home insurance$11
Down payment$3,850 (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
MyersElementary
Gainesville EastMiddle
GainesvilleHigh
Location
12 for sale 2 pending 12 sold
Listed by
REMAX LEGENDS · Sold by NON FMLS MEMBER
Source: FMLS · #5032406
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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.