3145 Locke Dr SE · Atlanta, GA 30316

$215,000

2 bd · 1.0 ba · 923 sqft · SingleFamily public records · 41 Days on market

Built 1954 0.30 ac lot $233/sqft · at area comps Est $229k · 6% under

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +11.2/30.0
• ARV discount +10.2/15.0
• Livability +4.2/5.0
• DSCR +3.3/10.0
• Rent growth +3.1/5.0
• 1% rule +2.8/10.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please don’t ask. If you ask, he will pretend he can’t hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

Key facts

• 0.3 acre lot
• 4 parking spots
• Built 1954

Property features AI

Exterior

• Parking: Four total parking spaces; See remarks for additional parking details
• Utilities: Public water; Public sewer; Electricity available; Cable available
• Home design: One level; Raised foundation
• Construction: Blown-in insulation; Asbestos shingle roof
• Exterior features: Private yard; Covered, screened rear porch; Chain link fencing; Asphalt road frontage on a city/private street; Last lot on a dead-end street (per directions)

Interior

• Kitchen: Eat-in kitchen; Stone counters; Open view to family room; Disposal
• Bedrooms: Two main-level bedrooms; Split bedroom plan; Accessible bedroom
• Flooring: Hardwood; Luxury vinyl
• Bathrooms: One full bathroom; Main-level bathroom with tub/shower combo
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Recessed lighting; Insulated windows; No common walls; Bonus room; Updated / remodeled
• Laundry & utility: Dedicated laundry room; Accessible hallway(s)

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $-83 ($-993/yr) — negative.
• To cash-flow at today's rent, offer at most $200k (6.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $167k (22.1% below list).
• Recommended offer: $167k (22.1% below list) — sets the bar for 1% rule.
• Cap rate 5.8% vs local median 3.1% in Atlanta — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#6 in GA, #919 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: schools C-, cost of living C-.
• Dekalb County (suburban): math 19% / reading 28% proficiency, ranked #125 of 174 in GA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.3%/yr); 461 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• DeKalb County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($209k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 2y ago; this cycle's ask has dropped $45k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $105k; list at $215k implies a 105% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $167,485 (22.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
3. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.78% ✗
• Cap rate: 5.83%
• Cash-on-cash: -1.65%
• DSCR: 0.93
• GRM: 10.7

CMA / ARV

• ARV (median comp): $228,825
• List price: $215,000
• Delta: -6.04%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1087 Hillcrest Dr SE	0.33mi	2/1.0	979 (+6%)	7mo	$261,000	$267	69
1258 Kipling St SE	0.39mi	3/1.0 (+1)	936 (+1%)	7mo	$118,000	$126	68
2118 Kipling Cir SE	0.50mi	3/1.0 (+1)	910 (-1%)	4mo	$92,000	$101	66
1127 Fleetwood Dr SE	0.49mi	2/1.0	980 (+6%)	6mo	$65,000	$66	62
1112 Hillcrest Dr SE	0.37mi	3/1.0 (+1)	999 (+8%)	10mo	$90,000	$90	56
1184 Octavia St SE	0.48mi	3/1.0 (+1)	900 (-2%)	17mo	$95,000	$106	55
2006 Phillips Dr SE	0.57mi	3/1.0 (+1)	1,000 (+8%)	5mo	$100,000	$100	51
1079 Stonewall Dr SE	0.61mi	3/1.0 (+1)	1,008 (+9%)	8mo	$140,000	$139	45
1101 Isa Dr SE	0.59mi	3/1.0 (+1)	1,006 (+9%)	12mo	$107,000	$106	42
1208 Redford Dr SE	0.70mi	3/2.0 (+1)	1,025 (+11%)	5mo	$200,000	$195	36
1991 Turner Rd SE	0.69mi	3/2.0 (+1)	1,036 (+12%)	6mo	$198,000	$191	34
1130 Rebel Forest Dr SE	0.70mi	3/2.0 (+1)	1,025 (+11%)	9mo	$217,000	$212	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.33% rent growth · sell at horizon

5-year hold

• IRR: -19.7%
• Equity multiple: 0.31×
• Total profit: $-41,255
• Equity at exit: $32,057

10-year hold

• IRR: -14.0%
• Equity multiple: 0.21×
• Total profit: $-47,348
• Equity at exit: $18,589

Cash invested: $60,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Georgia: 90 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

Methodology + full state rankings →

ZIP-level market 30316

• Rents YoY: 2.3%
• Active inventory: 461
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $1,675 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$189 /mo · $2,266/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$352
• Net cashflow: $-83

Break-even live

Break-even rent $1,780

Max offer price $200,382

Occupancy floor 100%

Sensitivity live

Price	-10% $39	-5% $-22	+0% $-83	+5% $-144	+10% $-204
Rent	-10% $-215	-5% $-149	+0% $-83	+5% $-17	+10% $50
Rate	-1.0pp $26	-0.5pp $-28	base $-83	+0.5pp $-138	+1.0pp $-195

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1979 Turner Rd SE Atlanta, GA	3.0	1.0	808	$1,595	$1.97	11d	1	0.68mi
1037 Rebel Forest Dr SE Atlanta, GA	3.0	2.0	1075	$1,750	$1.63	24d	1	0.82mi
873 Midway St SE Atlanta, GA	1.0	1.0	675	$1,200	$1.78	24d	1	0.92mi
871 Hargis St SE Atlanta, GA	2.0	2.0	1040	$1,800	$1.73	24d	1	0.99mi
972 Welch St SE Atlanta, GA	3.0	2.0	1100	$900	$0.82	5d	1	1.17mi
2000 Bouldercrest Rd Atlanta, GA	1.0–3.0	1.0–2.0	1050	$1,336	$1.27	2d	16	1.32mi
2000 Bouldercrest Rd Atlanta, GA	1.0–2.0	1.0–2.0	925	$1,520	$1.64	44d	3	1.32mi
1316 Moreland Ave SE Atlanta, GA	2.0	2.0	866	$2,026	$2.34	44d	1	1.38mi
1940 Fisher Rd SE Atlanta, GA	2.0	1.0	760	$1,300	$1.71	24d	1	1.40mi
1155 Custer Ave SE Atlanta, GA	1.0	1.0	957	$1,320	$1.38	24d	2	1.47mi
1296 Moreland Ave SE Atlanta, GA	1.0–2.0	1.0–2.0	1000	$2,135	$2.13	2d	24	1.49mi

Listing history 31 events

1. 2026-06-18
   days on market $215,000 Active 41 DOM
2. 2026-06-17
   days on market $215,000 Active 40 DOM
3. 2026-06-16
   days on market $215,000 Active 39 DOM
4. 2026-06-15
   days on market $215,000 Active 38 DOM
5. 2026-06-13
   days on market $215,000 Active 36 DOM
6. 2026-06-09
   days on market $215,000 Active 32 DOM
7. 2026-06-08
   days on market $215,000 Active 31 DOM
8. 2026-06-07
   days on market $215,000 Active 30 DOM
9. 2026-06-04
   days on market $215,000 Active 27 DOM
10. 2026-06-03
    days on market $215,000 Active 26 DOM
11. 2026-06-02
    pricedays on market $215,000 Active 25 DOM
12. 2026-06-01
    days on market $225,000 Active 24 DOM
13. 2026-05-31
    days on market $225,000 Active 23 DOM
14. 2026-05-08
    listed $260,000 Active 1099-char remark
15. 2024-05-07
    soldstatus $105,000
16. 2024-04-12
    soldstatus $105,000 Sold 1023-char remark

    Show marketing remark (1023 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please donCOt ask. If you ask, he will pretend he canCOt hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

17. 2024-04-12
    soldstatus $105,000 Closed

    Show marketing remark (1023 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please donCOt ask. If you ask, he will pretend he canCOt hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

18. 2024-04-02
    status Under Contract 1023-char remark

    Show marketing remark (1040 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please don’t ask. If you ask, he will pretend he can’t hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

19. 2024-04-02
    status Pending

    Show marketing remark (1040 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please don’t ask. If you ask, he will pretend he can’t hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

20. 2024-04-02
    status Back On Market 1023-char remark

    Show marketing remark (1040 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please don’t ask. If you ask, he will pretend he can’t hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

21. 2024-04-02
    status Active

    Show marketing remark (1040 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please don’t ask. If you ask, he will pretend he can’t hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

22. 2024-03-31
    historical 1023-char remark

    Show marketing remark (1023 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please donCOt ask. If you ask, he will pretend he canCOt hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

23. 2024-03-31
    historical

    Show marketing remark (1023 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please donCOt ask. If you ask, he will pretend he canCOt hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

24. 2024-03-14
    price $119,900 1023-char remark

    Show marketing remark (1040 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please don’t ask. If you ask, he will pretend he can’t hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

25. 2024-03-14
    price $119,900

    Show marketing remark (1040 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please don’t ask. If you ask, he will pretend he can’t hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

26. 2024-03-12
    status Back On Market 1023-char remark

    Show marketing remark (1040 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please don’t ask. If you ask, he will pretend he can’t hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

27. 2024-03-12
    status Active

    Show marketing remark (1040 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please don’t ask. If you ask, he will pretend he can’t hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

28. 2024-03-08
    status Under Contract 1023-char remark

    Show marketing remark (1040 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please don’t ask. If you ask, he will pretend he can’t hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

29. 2024-03-08
    status Pending

    Show marketing remark (1040 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please don’t ask. If you ask, he will pretend he can’t hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

30. 2024-01-23
    listed $129,900 New 1023-char remark

    Show marketing remark (1023 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please donCOt ask. If you ask, he will pretend he canCOt hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

31. 2024-01-23
    listed $129,900 Active

    Show marketing remark (1023 chars)

    House in need of a bunch of work priced for a quick sale to a cash buyer (sorry, no rolled coins accepted.) The house is self aware and is secure in the fact that it needs a total rehab to bring it back to its former glory of being the last house on a dead end street. This humble 2 bed, 1 bathroom house yearns to be something more - can you be that person to help it live out its Taj Mahal-esque fantasies? This abode sits on a large lot so if someone wanted to add onto this diamond in the rough (ok, more like cubic zirconia or really nice rhinestones) they could with wanton abandon. Plenty of room on the lot to add on. Perhaps a private interpretive dance studio? Maybe a moat for your alligators? Or possibly extra parking space for more off street parking? The choices are endless. AND NO, the listing agent will not represent both buyer and seller so please donCOt ask. If you ask, he will pretend he canCOt hear you bc of a bad cell connection and may end the call. No blind offers will be accepted or countered.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $2,266 · $189/mo
• Projected year-2 tax: $2,266 · $189/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,098
• − Mortgage interest: −$12,043
• − Property taxes: −$2,266
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,608
• − Management: −$1,608
• − Depreciation: −$6,255
• Taxable loss: −$4,756
• Est. tax savings @ 24.0%: +$1,141
• After-tax cash flow: $148/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Dekalb County
• NCES district ID: 1301740
• Math proficiency: 19% ▼ -12.00%
• Reading proficiency: 28% ▼ -7.00%
• Median HH income: $51,448
• Composite: 20.92/100
• National rank: #8482
• State rank: #125 of 174 in GA

Livability — Atlanta

• Score: 83/100
• State rank: #6
• US rank: #919

Category grades

Amenities A+ Commute A+ Cost of living C- Crime A Employment B Housing A+ Health & safety A- User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Dekalb County · 782,738 people
• City population: 629,525
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 35,107
• Household income: $102,891
• Rent vs Own: 38.7% rent · 61.3% own
• Severe rent burden: 1897.0

Population outlook (DeKalb County) Hauer SSP2

• Today (2025): 839,977 people
• By 2030: 891,768 · +6.2%
• By 2040: 988,894 · +17.7%
• By 2050: 1,074,583 · +27.9%
• By 2075: 1,245,026 · +48.2%
• By 2100: 1,303,135 · +55.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Black 47% White 36% Hispanic / Latino 8% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 2% Romanian 2% Slovak 1%
• Foreign-born: 6% · Canada
• Languages at home: 93% English-only · Spanish 4% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · DeKalb

• 2024 margin: Solid D (+64.8) · D 81.9% · R 17.1% · Other 1.0%
• 2008→2024 swing: +6.1pp toward D · 2008: 58.6pp · 2024: 64.8pp
• All cycles: 2024: D+64.8 2020: D+67.4 2016: D+64.8 2012: D+56.8 2008: D+58.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -415.92%
• Current HPI: 318.454
• Rent YoY: ▲ 2.33%
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+65.5% since first listed

20 events — show timeline

• 2026-06-02 Price Changed $215,000 FMLS
• 2026-05-19 Price Changed $225,000 FMLS
• 2026-05-08 Listed $260,000 FMLS
• 2024-05-07 Sold (Public Records) $105,000 Public Records
• 2024-04-12 Sold (MLS) $105,000 GAMLS
• 2024-04-12 Sold (MLS) $105,000 FMLS
• 2024-04-02 Pending — GAMLS
• 2024-04-02 Pending — FMLS
• 2024-04-02 Relisted — GAMLS
• 2024-04-02 Relisted — FMLS
• 2024-03-31 Listing Removed — GAMLS
• 2024-03-31 Listing Removed — FMLS
• 2024-03-14 Price Changed $119,900 GAMLS
• 2024-03-14 Price Changed $119,900 FMLS
• 2024-03-12 Relisted — GAMLS
• 2024-03-12 Relisted — FMLS
• 2024-03-08 Pending — GAMLS
• 2024-03-08 Pending — FMLS
• 2024-01-23 Listed $129,900 GAMLS
• 2024-01-23 Listed $129,900 FMLS

Property tax history

+2.9%/yr

Latest (2025): $2,266 · +4.6% YoY. Source: county tax records.