Sold
$310,000
2 beds · 1,300 sqft
1228 Gracewood Avenue, Atlanta, GA 30316
Great deal
Priced about $40,304 (12%) below comparable homes. Estimated market value $350,304, based on 45 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
A Must See!! This charming bungalow in East Atlanta features a large screened-in front porch and an open renovated kitchen with custom cabinetry, storage systems, granite countertops and stainless steel appliances. Rarely seen in bungalows, the basement provides a good amount of storage, while the large fenced-in backyard includes two fish ponds, a true urban garden with…
PoolBasementNo HOARenovated
Listing remarks courtesy of ATLANTA FINE HOMES SOTHEBYS INTERNATIONAL · Sold by BHGRE Metro Brokers.
· FMLS #5924128$2,120/mo est.
with $31,000 down · $310,000 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
2
Beds
1,300
Sqft
1928
Built
0.2 ac
Lot
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,875/morange $2,675 – $3,07511.1% gross yield
Based on 12 similar rentals within a mile (4 recently leased).
Home facts
Payment calculator
$2,210/mo
Principal & interest$1,810
Property taxes$310
Home insurance$90
Down payment$31,000 (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
Burgess-PetersonElementary
Martin L. King Jr.Middle
Maynard JacksonHigh
Location
63 for sale 17 pending 12 sold
Listed by
ATLANTA FINE HOMES SOTHEBYS INTERNATIONAL · Sold by BHGRE Metro Brokers
Source: FMLS · #5924128
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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.
