Sold
$599,000
5 beds · 3 baths · 3,452 sqft
518 Main Street, Palmetto, GA 30268
Great deal
Priced about $202,289 (25%) below comparable homes. Estimated market value $801,289, based on 32 comparable homes in the county.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This remarkable American Foursquare residence is more than a home, it’s a piece of Palmetto’s history. Built in 1905 by former mayor Thomas P. Arnold and proudly listed on the National Register of Historic Places, this timeless property gracefully sits on 2.27 acres surrounded by mature trees, lush gardens, and the unmistakable charm of small-town Southern living. If you are…
· FMLS #7653174$4,096/mo est.
with $59,900 down · $599,000 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
5
Beds
3
Baths
3,452
Sqft
1920
Built
2.3 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$4,475/morange $4,150 – $4,8009.0% gross yield
Based on 9 similar rentals within 2 mi (1 recently leased).
3 bd · 2 ba · 1,602 sqft · 0.7 mi away$2,600/mo1 bd · 1 ba · 3,000 sqft · 0.4 mi away$800/mo3 bd · 3 ba · 1,864 sqft · 1.3 mi away$1,725/mo4 bd · 3 ba · 1,396 sqft · 1.6 mi away$1,650/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$4,271/mo
Principal & interest$3,497
Property taxes$599
Home insurance$175
Down payment$59,900 (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 salePending
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Schools
PalmettoElementary
Bear Creek - FultonMiddle
CreeksideHigh
Location
12 for sale 6 pending 12 sold
Listed by
Engel & Volkers Atlanta · Sold by Georgia Properties Consultants of Atlanta, LLC
Source: FMLS · #7653174
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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.
