3521 Shepherds Path · Panthersville, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 6/10 · Moderate
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 5/10 · Moderate
- Chance of severe wind over 30 yrs
- 26.0%
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 7 days/yr
- Unhealthy air days in 30 yrs
- 10 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C 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 +26.1/30.0
- 1% rule +9.4/10.0
- DSCR +8.8/10.0
- Livability +3.3/5.0
- Rent growth +3.0/5.0
- Condition / age +2.5/5.0
- Schools +2.1/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$125,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Check out this affordable three-bedroom, two-bath condo right in the heart of Decatur. Move-in ready, it boasts a bright open layout with updated flooring throughout. The spacious living area flows into the dining and kitchen space-perfect for entertaining. The kitchen features plenty of cabinet space and sleek finishes, while both bathrooms have been tastefully renovated with modern vanities and lighting. Enjoy low-maintenance living in a well-kept community with assigned parking. Great for first-time buyers, downsizers, or investors, this home has it all. Conveniently located near I-285 and I-20, plus close to shopping, restaurants, downtown Decatur, colleges/universities, with easy access to public transit. Don't wait-schedule a showing today before it's gone!
Key facts
- Spacious living area
- Modern vanities
- Open layout
Tags
Property features AI
Finance
- Other: Near schools and shopping; Sidewalks and street lights; GPS-friendly directions; Paved roads (asphalt, concrete)
- HOA & community: Homeowners association; Association covers grounds maintenance, structure maintenance, reserve fund, sewer, trash, and water
Exterior
- Parking: Assigned parking in a parking lot
- Utilities: Public water; Public sewer; 110 volts electrical service; Cable available; Electricity available
- Home design: One level; Condominium; Resale property
- Construction: Other construction materials; Composition roof; Slab foundation
- Exterior features: Balcony
Interior
- Kitchen: Eat-in kitchen with stained cabinets; Pantry; Dishwasher; Electric oven; Electric range; Range hood; Refrigerator
- Bedrooms: Master on main; 3 main-level bedrooms
- Flooring: Hardwood; Laminate
- Bathrooms: 2 full bathrooms; Master bath with tub/shower combo
- Heating & cooling: Central heat; Heat pump; Hot water heating; Central air; Ceiling fan(s)
- Interior features: Walk-in closet(s); Factory-built fireplace; Insulated windows; 2+ shared walls
- Laundry & utility: Washer; Dryer; Laundry features: Other
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath condo listed at $125k.
Deal economics
- At list price, monthly cash flow is $315 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $125k).
- Recommended offer: $121k (3.0% below list) — sets the bar for market timing.
- Cap rate 9.3% vs local median 5.3% in Panthersville — 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 66/100 on livability (#180 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, employment D, amenities F.
- 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.
- Zoned schools: Southwest Dekalb High School (math 17% / reading 37%, grade F, #162 of 424 statewide, top 40%, 1,307 students, 100% FRL) — zoned schools average 100% FRL vs 68% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+2.2%/yr); 353 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 51% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
- This rent runs 34% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k 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 45 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 15y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $51k; list at $125k implies a 144% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- 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.
Questions for the listing agent
- It's been on market 45 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.44% ✓
- Cap rate
- 9.31%
- Cash-on-cash
- 10.79%
- DSCR
- 1.48
- GRM
- 5.8
CMA / ARV
- ARV (median comp)
- $104,158
- List price
- $125,000
- Delta
- 20.01%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 2.18% rent growth · sell at horizon
- IRR
- -1.2%
- Equity multiple
- 0.96×
- Total profit
- $-1,514
- Equity at exit
- $18,638
- IRR
- 7.6%
- Equity multiple
- 1.55×
- Total profit
- $19,252
- Equity at exit
- $10,808
Cash invested: $35,000 (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
ZIP-level market 30034
- Home prices YoY
- -27.4%
- Rents YoY
- 2.2%
- Active inventory
- 353
- Price-to-rent
- 5.8×
Monthly cashflow live
- Estimated rent
- $1,805 high interval (Pro) →
- Mortgage (P&I)
- −$656
- Tax from tax record
- −$134 /mo · $1,608/yr
- Insurance
- −$52
- HOA est. from 2 same-building comps
- −$270
- Vacancy / Maint / Mgmt
- −$379
- Net cashflow
- $315
Break-even live
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
- $31,250
- Closing costs
- $3,750
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 39 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3477 Shepherds Path Decatur, GA | 2.0 | 2.0 | 1200 | $1,200 | $1.00 | 43d | 1 | 0.03mi |
| 3515 Shepherds Path Decatur, GA | 3.0 | 2.0 | 1279 | $1,495 | $1.17 | 43d | 1 | 0.04mi |
| 100 Woodberry Pl Decatur, GA | 1.0–3.0 | 1.0–2.0 | 1106 | $1,761 | $1.59 | 1d | 18 | 0.20mi |
| 3604 Spring Trce Decatur, GA | 3.0 | 2.5 | 1806 | $1,595 | $0.88 | 43d | 1 | 0.33mi |
| 4060 Waldrop Hills Dr Decatur, GA | 3.0 | 2.5 | 1696 | $1,920 | $1.13 | 15d | 1 | 0.46mi |
| 4210 Waldrop Hills Ter Decatur, GA | 3.0 | 2.5 | 1200 | $1,666 | $1.39 | 43d | 1 | 0.65mi |
| 3607 Brycewood Dr Decatur, GA | 3.0 | 2.5 | 1500 | $2,150 | $1.43 | 24d | 1 | 0.65mi |
| 3607 Brycewood Dr Decatur, GA | 3.0 | 3.0 | 1515 | $2,150 | $1.42 | 43d | 1 | 0.65mi |
| 3605 Brycewood Dr Decatur, GA | 3.0 | 3.0 | 1515 | $2,150 | $1.42 | 43d | 1 | 0.66mi |
| 3605 Brycewood Dr Decatur, GA | 3.0 | 2.5 | 1500 | $2,150 | $1.43 | 24d | 1 | 0.66mi |
| 3601 Brycewood Dr Decatur, GA | 3.0 | 2.5 | 1515 | $2,150 | $1.42 | 43d | 1 | 0.66mi |
| 3601 Brycewood Dr Decatur, GA | 3.0 | 2.5 | 1500 | $2,150 | $1.43 | 24d | 1 | 0.66mi |
| 3583 Brycewood Dr Decatur, GA | 3.0 | 2.5 | 1461 | $2,150 | $1.47 | 43d | 1 | 0.68mi |
| 3577 Brycewood Dr Decatur, GA | 3.0 | 2.5 | 1501 | $1,950 | $1.30 | 43d | 1 | 0.69mi |
| 3166 Big Springs Ct Decatur, GA | 3.0 | 2.0 | 1493 | $1,900 | $1.27 | 43d | 1 | 0.75mi |
| 3460 Boring Rd Decatur, GA | 3.0 | 2.0 | 1855 | $1,900 | $1.02 | 24d | 1 | 0.77mi |
| 3554 Waldrop Rd Decatur, GA | 3.0 | 2.5 | 1646 | $2,135 | $1.30 | 2d | 1 | 0.85mi |
| 3733 Waldrop Hills Dr Decatur, GA | 3.0 | 2.5 | 1646 | $2,023 | $1.23 | 43d | 1 | 0.90mi |
| 3715 Boring Rd Decatur, GA | 3.0 | 2.0 | 1379 | $1,525 | $1.11 | 21d | 1 | 0.98mi |
| 3516 Kingswood Run Unit 1 Decatur, GA | 2.0 | 2.0 | 988 | $1,500 | $1.52 | 24d | 1 | 1.12mi |
| 3754 Waldrop Ln Decatur, GA | 3.0 | 2.5 | 1560 | $1,625 | $1.04 | 43d | 1 | 1.14mi |
| 3716 Cress Way Dr Decatur, GA | 4.0 | 2.5 | 1669 | $2,185 | $1.31 | 5d | 1 | 1.15mi |
| 3804 Waldrop Ln Decatur, GA | 3.0 | 2.5 | 1412 | $1,850 | $1.31 | 24d | 1 | 1.17mi |
| 3798 Waldrop Ln Decatur, GA | 3.0 | 2.5 | 1412 | $1,680 | $1.19 | 20d | 1 | 1.17mi |
| 3189 Kingswood Gln Decatur, GA | 2.0 | 2.5 | 1152 | $2,100 | $1.82 | 43d | 1 | 1.25mi |
| 3364 Waldrop Trl Decatur, GA | 3.0 | 3.0 | 1200 | $1,800 | $1.50 | 43d | 1 | 1.25mi |
| 3326 Waldrop Trl Decatur, GA | 3.0 | 2.5 | 1560 | $1,761 | $1.13 | 20d | 1 | 1.27mi |
| 3821 River Rd Ellenwood, GA | 3.0 | 2.0 | 1455 | $2,195 | $1.51 | 43d | 1 | 1.27mi |
| 3169 Kingswood Gln Decatur, GA | 3.0 | 2.5 | 1560 | $1,575 | $1.01 | 43d | 1 | 1.28mi |
| 3924 Chimney Ridge Ct Ellenwood, GA | 3.0 | 2.0 | 1252 | $2,000 | $1.60 | 43d | 1 | 1.30mi |
| 3319 Waldrop Trl Decatur, GA | 3.0 | 2.5 | 1600 | $1,600 | $1.00 | 18d | 1 | 1.32mi |
| 3906 Waldrop Ln Decatur, GA | 3.0 | 2.5 | 1560 | $1,700 | $1.09 | 43d | 1 | 1.35mi |
| 4068 Day Trl S Ellenwood, GA | 4.0 | 2.0 | 1836 | $2,100 | $1.14 | 4d | 1 | 1.36mi |
| 3914 Waldrop Ln Decatur, GA | 3.0 | 3.0 | 1560 | $1,697 | $1.09 | 3d | 1 | 1.37mi |
| 3321 Peppertree Cir Decatur, GA | 1.0–3.0 | 1.0 | 813 | $1,299 | $1.60 | 20d | 31 | 1.42mi |
| 3328 River Run Trl Decatur, GA | 3.0 | 2.0 | 1665 | $1,981 | $1.19 | 1d | 1 | 1.42mi |
| 3525 Waldrop Trl Decatur, GA | 3.0 | 2.5 | 1560 | $1,695 | $1.09 | 21d | 1 | 1.43mi |
| 3516 Waldrop Trl Decatur, GA | 3.0 | 2.5 | 1560 | $1,800 | $1.15 | 43d | 1 | 1.45mi |
| 3474 Waldrop Trl Decatur, GA | 3.0 | 2.5 | 1412 | $800 | $0.57 | 43d | 1 | 1.47mi |
HOA detail condo
- Monthly dues
- $0 · $0/yr
- Likely covers
- parking
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 29 events
-
2026-06-16status $125,000 Pending 45 DOM
-
2026-06-15days on market $125,000 Active 45 DOM
Show marketing remark (774 chars)
Check out this affordable three-bedroom, two-bath condo right in the heart of Decatur. Move-in ready, it boasts a bright open layout with updated flooring throughout. The spacious living area flows into the dining and kitchen space-perfect for entertaining. The kitchen features plenty of cabinet space and sleek finishes, while both bathrooms have been tastefully renovated with modern vanities and lighting. Enjoy low-maintenance living in a well-kept community with assigned parking. Great for first-time buyers, downsizers, or investors, this home has it all. Conveniently located near I-285 and I-20, plus close to shopping, restaurants, downtown Decatur, colleges/universities, with easy access to public transit. Don't wait-schedule a showing today before it's gone!
-
2026-06-13days on market $125,000 Active 43 DOM
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2026-06-09days on market $125,000 Active 39 DOM
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2026-06-08days on market $125,000 Active 38 DOM
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2026-06-07days on market $125,000 Active 37 DOM
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2026-06-04days on market $125,000 Active 34 DOM
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2026-06-03days on market $125,000 Active 33 DOM
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2026-06-02days on market $125,000 Active 32 DOM
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2026-06-01days on market $125,000 Active 31 DOM
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2026-05-31days on market $125,000 Active 30 DOM
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2026-05-01$125,000 New 774-char remark
Show marketing remark (774 chars)
Check out this affordable three-bedroom, two-bath condo right in the heart of Decatur. Move-in ready, it boasts a bright open layout with updated flooring throughout. The spacious living area flows into the dining and kitchen space-perfect for entertaining. The kitchen features plenty of cabinet space and sleek finishes, while both bathrooms have been tastefully renovated with modern vanities and lighting. Enjoy low-maintenance living in a well-kept community with assigned parking. Great for first-time buyers, downsizers, or investors, this home has it all. Conveniently located near I-285 and I-20, plus close to shopping, restaurants, downtown Decatur, colleges/universities, with easy access to public transit. Don't wait-schedule a showing today before it's gone!
-
2026-05-01$125,000 Active 743-char remark
Show marketing remark (774 chars)
Check out this affordable three-bedroom, two-bath condo right in the heart of Decatur. Move-in ready, it boasts a bright open layout with updated flooring throughout. The spacious living area flows into the dining and kitchen space-perfect for entertaining. The kitchen features plenty of cabinet space and sleek finishes, while both bathrooms have been tastefully renovated with modern vanities and lighting. Enjoy low-maintenance living in a well-kept community with assigned parking. Great for first-time buyers, downsizers, or investors, this home has it all. Conveniently located near I-285 and I-20, plus close to shopping, restaurants, downtown Decatur, colleges/universities, with easy access to public transit. Don't wait-schedule a showing today before it's gone!
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2019-12-31soldstatus $51,200
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2019-12-30soldstatus $51,125 Closed
Show marketing remark (462 chars)
iNVESTORS WELCOME! NO RENTAL RESTRICTIONS! RENOVATED, 3 BDRM 2 BATH, SINGLE LEVEL CONDO IN THE HEART OF DECATUR! MOVE IN READY! OPEN KITCHEN CONCEPT WITH SEPARATE DINING AREA. LARGE BEDROOMS WITH NEW CARPET. HARDWOODS & LUXURY VINYL PLANK FLOORING IN MAIN LIVING AREAS. DEKALB HOUSING PAYS $1254 FOR A 3-BEDROOM IN THIS ZIP CODE. WALKING DISTANCE TO SOPPING AND TRANSPORTATION. SOLD AS IS/NO DISCLOSURES. CASH ONLY! CLOSING ATTORNEY - DAVID A. HOWARD, LLC
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2019-12-13status Pending
Show marketing remark (462 chars)
iNVESTORS WELCOME! NO RENTAL RESTRICTIONS! RENOVATED, 3 BDRM 2 BATH, SINGLE LEVEL CONDO IN THE HEART OF DECATUR! MOVE IN READY! OPEN KITCHEN CONCEPT WITH SEPARATE DINING AREA. LARGE BEDROOMS WITH NEW CARPET. HARDWOODS & LUXURY VINYL PLANK FLOORING IN MAIN LIVING AREAS. DEKALB HOUSING PAYS $1254 FOR A 3-BEDROOM IN THIS ZIP CODE. WALKING DISTANCE TO SOPPING AND TRANSPORTATION. SOLD AS IS/NO DISCLOSURES. CASH ONLY! CLOSING ATTORNEY - DAVID A. HOWARD, LLC
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2019-11-26status Active
Show marketing remark (462 chars)
iNVESTORS WELCOME! NO RENTAL RESTRICTIONS! RENOVATED, 3 BDRM 2 BATH, SINGLE LEVEL CONDO IN THE HEART OF DECATUR! MOVE IN READY! OPEN KITCHEN CONCEPT WITH SEPARATE DINING AREA. LARGE BEDROOMS WITH NEW CARPET. HARDWOODS & LUXURY VINYL PLANK FLOORING IN MAIN LIVING AREAS. DEKALB HOUSING PAYS $1254 FOR A 3-BEDROOM IN THIS ZIP CODE. WALKING DISTANCE TO SOPPING AND TRANSPORTATION. SOLD AS IS/NO DISCLOSURES. CASH ONLY! CLOSING ATTORNEY - DAVID A. HOWARD, LLC
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2019-11-20status Pending
Show marketing remark (462 chars)
iNVESTORS WELCOME! NO RENTAL RESTRICTIONS! RENOVATED, 3 BDRM 2 BATH, SINGLE LEVEL CONDO IN THE HEART OF DECATUR! MOVE IN READY! OPEN KITCHEN CONCEPT WITH SEPARATE DINING AREA. LARGE BEDROOMS WITH NEW CARPET. HARDWOODS & LUXURY VINYL PLANK FLOORING IN MAIN LIVING AREAS. DEKALB HOUSING PAYS $1254 FOR A 3-BEDROOM IN THIS ZIP CODE. WALKING DISTANCE TO SOPPING AND TRANSPORTATION. SOLD AS IS/NO DISCLOSURES. CASH ONLY! CLOSING ATTORNEY - DAVID A. HOWARD, LLC
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2019-10-13status Active
Show marketing remark (462 chars)
iNVESTORS WELCOME! NO RENTAL RESTRICTIONS! RENOVATED, 3 BDRM 2 BATH, SINGLE LEVEL CONDO IN THE HEART OF DECATUR! MOVE IN READY! OPEN KITCHEN CONCEPT WITH SEPARATE DINING AREA. LARGE BEDROOMS WITH NEW CARPET. HARDWOODS & LUXURY VINYL PLANK FLOORING IN MAIN LIVING AREAS. DEKALB HOUSING PAYS $1254 FOR A 3-BEDROOM IN THIS ZIP CODE. WALKING DISTANCE TO SOPPING AND TRANSPORTATION. SOLD AS IS/NO DISCLOSURES. CASH ONLY! CLOSING ATTORNEY - DAVID A. HOWARD, LLC
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2019-08-08status Pending
Show marketing remark (462 chars)
iNVESTORS WELCOME! NO RENTAL RESTRICTIONS! RENOVATED, 3 BDRM 2 BATH, SINGLE LEVEL CONDO IN THE HEART OF DECATUR! MOVE IN READY! OPEN KITCHEN CONCEPT WITH SEPARATE DINING AREA. LARGE BEDROOMS WITH NEW CARPET. HARDWOODS & LUXURY VINYL PLANK FLOORING IN MAIN LIVING AREAS. DEKALB HOUSING PAYS $1254 FOR A 3-BEDROOM IN THIS ZIP CODE. WALKING DISTANCE TO SOPPING AND TRANSPORTATION. SOLD AS IS/NO DISCLOSURES. CASH ONLY! CLOSING ATTORNEY - DAVID A. HOWARD, LLC
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2019-07-25$59,900 Active
Show marketing remark (462 chars)
iNVESTORS WELCOME! NO RENTAL RESTRICTIONS! RENOVATED, 3 BDRM 2 BATH, SINGLE LEVEL CONDO IN THE HEART OF DECATUR! MOVE IN READY! OPEN KITCHEN CONCEPT WITH SEPARATE DINING AREA. LARGE BEDROOMS WITH NEW CARPET. HARDWOODS & LUXURY VINYL PLANK FLOORING IN MAIN LIVING AREAS. DEKALB HOUSING PAYS $1254 FOR A 3-BEDROOM IN THIS ZIP CODE. WALKING DISTANCE TO SOPPING AND TRANSPORTATION. SOLD AS IS/NO DISCLOSURES. CASH ONLY! CLOSING ATTORNEY - DAVID A. HOWARD, LLC
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2012-01-09soldstatus $25,000
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2011-12-30soldstatus $25,000 Sold
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2011-12-04status Under Contract
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2011-07-21$25,000 New
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2010-08-18price $26,500
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2007-04-30soldstatus $85,000
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2000-11-03soldstatus $79,500
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1993-08-05soldstatus $62,900
ⓘ 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
- $1,608 · $134/mo
- Projected year-2 tax
- $1,608 · $134/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 ≥105°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 7 unhealthy d/yr today · 10 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,665
- − Mortgage interest
- −$7,002
- − Property taxes
- −$1,608
- − Insurance
- −$625
- − Repairs & maintenance
- −$1,733
- − Management
- −$1,733
- − HOA
- −$3,240
- − Depreciation
- −$3,636
- Taxable income
- $2,087
- Est. tax owed @ 24.0%
- −$501
- After-tax cash flow
- $3,275/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 — Panthersville
- Score
- 66/100
- State rank
- #180
- US rank
- #11244
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Dekalb County · 782,738 people
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 41,847
- Household income
- $63,517
- Rent vs Own
- Severe rent burden
- 1659.0
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
- Predominantly Black (90%)
- Race & ethnicity
- Black 90% White 4% Two or more races 3% Hispanic / Latino 2%
- Common ancestry
- Hispanic 1% Lithuanian 1%
- Foreign-born
- 8% · Canada
- Languages at home
- 93% English-only · Spanish 2% French/Haitian/Cajun 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
- ▼ -78.92%
- Current HPI
- 209.5638
- Rent YoY
- ▲ 2.18%
- 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 |
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
+98.7% since first listed20 events — show timeline
- 2026-06-15 Pending — FMLS
- 2026-06-15 Pending — GAMLS
- 2026-05-01 Listed $125,000 GAMLS
- 2026-05-01 Listed $125,000 FMLS
- 2019-12-31 Sold (Public Records) $51,200 Public Records
- 2019-12-30 Sold (MLS) $51,125 FMLS
- 2019-12-13 Pending — FMLS
- 2019-11-26 Relisted — FMLS
- 2019-11-20 Pending — FMLS
- 2019-10-13 Relisted — FMLS
- 2019-08-08 Pending — FMLS
- 2019-07-25 Listed $59,900 FMLS
- 2012-01-09 Sold (Public Records) $25,000 Public Records
- 2011-12-30 Sold (MLS) $25,000 GAMLS
- 2011-12-04 Pending — GAMLS
- 2011-07-21 Listed $25,000 GAMLS
- 2010-08-18 Price Changed $26,500 GAMLS
- 2007-04-30 Sold (Public Records) $85,000 Public Records
- 2000-11-03 Sold (Public Records) $79,500 Public Records
- 1993-08-05 Sold (Public Records) $62,900 Public Records
Property tax history
+1.4%/yrLatest (2025): $1,608 · -18.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…