255 Southerland Ter NE #108 · Atlanta, GA 30307

$599,000

3 bd · 3.5 ba · 2,274 sqft · Townhouse public records · 50 Days on market

Built 2011 871 sqft lot $263/sqft · 25% below area Est $803k · 25% under

---

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).

• ARV discount +15.0/15.0
• Cash flow +9.0/30.0
• Livability +4.2/5.0
• Rent growth +2.9/5.0
• 1% rule +2.8/10.0
• Schools +2.7/10.0
• DSCR +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This is the one you've been waiting for. An impeccably maintained 3BR/3.5BA end-unit townhome in the very heart of coveted Lake Claire and sought after Mary Lin Elementary - that delivers extraordinary value. A dramatic 2-story fireside great room with oversized transom windows wraps the interior in natural light. The open floorplan flows seamlessly into the dining room and large, well-functioning cook's kitchen featuring rich stained cabinetry, granite countertops, stainless appliances, and a breakfast bar made for quick family meals or lingering gatherings with friends. Rich site-finished hardwood floors add warmth throughout the main living spaces and stairs. Ascend to the 2nd level flex space to practice yoga, work from home, or simply read and unwind. Escape down the hall to the primary retreat that feels like a true getaway - complete with a serene sitting area, Juliet balcony, custom walk-in closet, and a spa bath featuring double vanities, a whirlpool tub, and separate shower. Two additional ensuite bedrooms with walk-in closets on the 3rd level offer privacy and flexibility for guests, family, or work-from-home life. Fresh paint, new carpet, and new appliances - the home is ready to welcome you from day one. A covered porch, oversized attached 1-car garage with tandem parking space, and lushly landscaped grounds in a boutique community of just 16 homes check every last box. Step outside and the neighborhood embraces you - Lake Claire Pool, Pullman Yards, Candler Park Golf Course, top restaurants, and MARTA all within easy reach. Downtown, Midtown, the Eastside Beltline Trail, and Emory/CDC are minutes away. Welcome home - you're going to love it here.

Key facts

• Stained cabinetry
• Fireside great room
• Open floorplan

Tags

• OPEN FLOORPLAN
• FIRESIDE GREAT ROOM
• COOK'S KITCHEN
• STAINED CABINETRY
• GRANITE COUNTERTOPS
• STAINLESS APPLIANCES

Property features AI

Finance

• Other: Community contains 16 units
• HOA & community: Homeowners association with monthly dues; Association dues include grounds maintenance; Community near public transport, schools and shopping

Exterior

• Parking: Attached garage with garage door opener; Garage faces front; 1 garage space
• Utilities: Public water; Public sewer; 110-volt electric; Cable available; Natural gas available; Phone available; Sewer available; Water available
• Home design: Three or more levels; End unit condominium in a 16-unit community; Fee simple ownership; Resale property
• Construction: Cement siding with stone accents; Composition roof with ridge vents; Concrete perimeter foundation; Built as part of a multi-unit community
• Exterior features: Private entrance; Courtyard; Patio; Accessible entrance

Interior

• Kitchen: Gas cooktop; Self-cleaning oven; Microwave; Refrigerator; Dishwasher; Disposal; Stained cabinets; Pantry; Stone counters; Breakfast bar; Kitchen open to family room (view to family room)
• Bedrooms: Oversized master bedroom; Split bedroom plan with roommate floor plan; Three bedrooms on the upper level
• Flooring: Hardwood; Carpet; Tile
• Bathrooms: Three full bathrooms and one half bathroom; Master bathroom with double vanity, separate tub and shower, soaking tub and whirlpool tub
• Heating & cooling: Central heating and cooling; Heat pump with zoned system; Electric components; Ceiling fans
• Interior features: Cathedral ceilings; Coffered ceilings; Crown molding; Entrance foyer; High 9-ft ceilings on main, lower and upper levels; High speed internet; Walk-in closets; Double-pane windows with wood frames; 1 common wall (end unit); 1 fireplace with blower fan, factory-built unit, gas log and gas starter, glass doors (family room)
• Laundry & utility: Washer and dryer included; Laundry located in hall on upper level; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/3.5-bath townhouse listed at $599k.

Deal economics

• At list price, monthly cash flow is $-469 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $531k (11.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $465k (22.4% below list).
• Recommended offer: $465k (22.4% below list) — sets the bar for 1% rule.
• Cap rate 5.4% 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: cost of living C-.
• Atlanta Public Schools (urban): math 28% / reading 35% proficiency, ranked #80 of 174 in GA (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Mary Lin Elementary School (math 69% / reading 68%, grade B+, #73 of 1,228 statewide, top 6%, 628 students, 5% FRL); David T Howard Middle School (math 58% / reading 63%, grade B+, #39 of 470 statewide, top 8%, 1,119 students, 19% FRL); Midtown High School (math 22% / reading 34%, grade F, #151 of 424 statewide, top 36%, 1,602 students, 19% FRL) — zoned schools average 14% FRL vs 71% district-wide (57 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 52% at this address vs 32% district-wide (+21 pts) — the actual schools serving this property are materially stronger than the Atlanta Public Schools average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+1.8%/yr); 170 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
• This rent runs 40% of the median local income ($141k/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 $4k of loan paydown is wiped out by about $18k 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 50 days — a 3% lower offer ($581k) is reasonable based on typical stale-listing flexibility.
• 15 sale attempts since 14y 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 $348k; list at $599k implies a 72% 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.

Recommended offer $464,564 (22.4% 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 50 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 5.35%
• Cash-on-cash: -3.36%
• DSCR: 0.85
• GRM: 10.7

CMA / ARV

• ARV (median comp): $802,833
• List price: $599,000
• Delta: -25.39%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
255 Southerland Ter #204	0.00mi	4/4.5 (+1)	2,358 (+4%)	1mo	$615,000	$261	84
292 Gordon Ave NE Unit F	0.12mi	3/3.5	2,239 (-2%)	10mo	$715,000	$319	83
54 Rogers St NE	0.52mi	3/3.5	2,275 (0%)	2mo	$649,000	$285	74
255 Southerland Ter NE #207	0.00mi	4/4.5 (+1)	2,142 (-6%)	10mo	$595,000	$278	73
215 Arizona Ave NE #1	0.41mi	3/3.5	2,221 (-2%)	11mo	$640,000	$288	68
279 Carlyle Park Dr	0.74mi	3/3.5	2,218 (-2%)	1mo	$524,000	$236	60
215 Arizona Ave NE #2	0.41mi	3/3.5	2,117 (-7%)	12mo	$580,000	$274	60
72 Rogers St NE	0.50mi	3/3.5	2,024 (-11%)	7mo	$560,000	$277	53
1912 Hosea L Williams Dr NE #1	0.56mi	3/2.5	2,147 (-6%)	11mo	$530,000	$247	52
1672 Dekalb Ave NE #2	0.53mi	3/3.5	2,016 (-11%)	10mo	$549,000	$272	48
364 Glendale Ave NE Unit B	0.70mi	3/2.5	2,092 (-8%)	11mo	$874,600	$418	41
1963 Hosea L Williams Dr SE #203	0.65mi	2/2.5 (-1)	1,980 (-13%)	9mo	$490,000	$247	31

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 · 1.79% rent growth · sell at horizon

5-year hold

• IRR: -23.3%
• Equity multiple: 0.21×
• Total profit: $-132,485
• Equity at exit: $89,313

10-year hold

• IRR: -21.4%
• Equity multiple: -0.05×
• Total profit: $-175,967
• Equity at exit: $51,791

Cash invested: $167,720 (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 30307

• Rents YoY: 1.8%
• Active inventory: 170
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $4,646 high
• Mortgage (P&I): −$3,141
• Tax est. 1.5%: −$749 /mo · $8,985/yr
• Insurance: −$250
• HOA: −$0
• Vacancy / Maint / Mgmt: −$976
• Net cashflow: $-469

Break-even live

Break-even rent $5,240

Max offer price $531,063

Occupancy floor —

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: $149,750
• Closing costs: $17,970
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1867 Gordon Mnr NE Atlanta, GA	3.0	3.5	2438	$4,200	$1.72	19d	1	0.12mi
256 Casson St NE Atlanta, GA	4.0	3.0	1846	$4,995	$2.71	24d	1	0.25mi
1936 McLendon Ave NE Atlanta, GA	4.0	3.5	2435	$7,900	$3.24	1d	1	0.27mi
250 Arizona Ave NE Atlanta, GA	1.0–2.0	1.0–2.5	1124	$2,689	$2.39	3d	4	0.43mi
515 Claire Dr NE Atlanta, GA	4.0	3.5	2932	$9,500	$3.24	1d	1	0.51mi
1919 Bixby St SE Atlanta, GA	3.0	3.0	2516	$6,500	$2.58	2d	1	0.81mi
1515 Iverson St NE Atlanta, GA	3.0	2.5	1722	$6,000	$3.48	7d	1	0.82mi
1511 McLendon Ave NE Atlanta, GA	4.0	3.5	2676	$7,000	$2.62	24d	1	0.85mi
220 Mayson Ave NE Atlanta, GA	3.0	2.0	2342	$4,250	$1.81	18d	1	0.86mi
2330 1st Ave NE Atlanta, GA	3.0	3.0	2016	$8,100	$4.02	1d	1	0.88mi
204 Cambridge Ave Unit NA Decatur, GA	4.0	3.0	2800	$5,995	$2.14	4d	1	0.94mi
209 Clay St SE Unit 1019260P Atlanta, GA	4.0	3.5	2992	$6,944	$2.32	7d	1	1.00mi
205 Whitefoord Ave NE Unit A Atlanta, GA	4.0	3.0	1922	$4,500	$2.34	18d	1	1.02mi
843 Artwood Rd NE Unit A Atlanta, GA	2.0	2.0	2000	$2,295	$1.15	43d	1	1.05mi
2347 Hosea L Williams Dr SE #8 Atlanta, GA	3.0	3.5	2400	$4,495	$1.87	19d	1	1.08mi
2347 Hosea L Williams Dr SE #8 Atlanta, GA	3.0	3.5	2400	$4,495	$1.87	1d	1	1.08mi
241 Maynard Ter SE #5 Atlanta, GA	3.0	2.0	1932	$2,645	$1.37	24d	1	1.14mi
277 Clifton St SE Atlanta, GA	1.0–3.0	1.0–3.5	1175	$3,738	$3.18	2d	7	1.16mi
241 Maynard Ter SE #16 Atlanta, GA	3.0	3.5	2231	$7,000	$3.14	11d	1	1.16mi
1041 Atlanta Ave Decatur, GA	3.0	4.0	2378	$3,500	$1.47	20d	1	1.18mi
1041 Atlanta Ave #4 Decatur, GA	3.0	3.5	2368	$3,500	$1.48	24d	1	1.18mi
1258 DeKalb Ave NE Atlanta, GA	3.0	2.5–3.5	2557	$3,700	$1.45	22d	2	1.27mi
1436 Walker Pl SE Atlanta, GA	3.0	3.5	1700	$3,050	$1.79	24d	1	1.31mi
254 2nd Ave SE Atlanta, GA	3.0	2.0	1715	$2,895	$1.69	4d	1	1.32mi
2424 Memorial Dr SE #4 Atlanta, GA	3.0	3.5	2000	$3,250	$1.62	24d	1	1.32mi
1278 Wylie St SE Atlanta, GA	3.0	2.5	2750	$6,500	$2.36	20d	1	1.41mi
1267 Wylie St SE Unit NA Atlanta, GA	2.0	2.0	1870	$2,490	$1.33	14d	1	1.43mi

Listing history 50 events

1. 2026-06-18
   days on market $599,000 Active 50 DOM
2. 2026-06-17
   days on market $599,000 Active 49 DOM
3. 2026-06-16
   days on market $599,000 Active 48 DOM
4. 2026-06-15
   days on market $599,000 Active 47 DOM
5. 2026-06-13
   days on market $599,000 Active 45 DOM
6. 2026-06-13
   days on market $599,000 Active 44 DOM
7. 2026-06-09
   days on market $599,000 Active 41 DOM
8. 2026-06-08
   days on market $599,000 Active 40 DOM
9. 2026-06-07
   days on market $599,000 Active 39 DOM
10. 2026-06-04
    days on market $599,000 Active 36 DOM
11. 2026-06-03
    days on market $599,000 Active 35 DOM
12. 2026-06-02
    days on market $599,000 Active 34 DOM
13. 2026-06-01
    days on market $599,000 Active 33 DOM
14. 2026-05-31
    days on market $599,000 Active 32 DOM
15. 2026-04-29
    listed $625,000 New 1688-char remark

    Show marketing remark (1688 chars)

    This is the one you've been waiting for. An impeccably maintained 3BR/3.5BA end-unit townhome in the very heart of coveted Lake Claire and sought after Mary Lin Elementary - that delivers extraordinary value. A dramatic 2-story fireside great room with oversized transom windows wraps the interior in natural light. The open floorplan flows seamlessly into the dining room and large, well-functioning cook's kitchen featuring rich stained cabinetry, granite countertops, stainless appliances, and a breakfast bar made for quick family meals or lingering gatherings with friends. Rich site-finished hardwood floors add warmth throughout the main living spaces and stairs. Ascend to the 2nd level flex space to practice yoga, work from home, or simply read and unwind. Escape down the hall to the primary retreat that feels like a true getaway - complete with a serene sitting area, Juliet balcony, custom walk-in closet, and a spa bath featuring double vanities, a whirlpool tub, and separate shower. Two additional ensuite bedrooms with walk-in closets on the 3rd level offer privacy and flexibility for guests, family, or work-from-home life. Fresh paint, new carpet, and new appliances - the home is ready to welcome you from day one. A covered porch, oversized attached 1-car garage with tandem parking space, and lushly landscaped grounds in a boutique community of just 16 homes check every last box. Step outside and the neighborhood embraces you - Lake Claire Pool, Pullman Yards, Candler Park Golf Course, top restaurants, and MARTA all within easy reach. Downtown, Midtown, the Eastside Beltline Trail, and Emory/CDC are minutes away. Welcome home - you're going to love it here.

16. 2026-04-29
    listed $625,000 Active 1718-char remark

    Show marketing remark (1688 chars)

    This is the one you've been waiting for. An impeccably maintained 3BR/3.5BA end-unit townhome in the very heart of coveted Lake Claire and sought after Mary Lin Elementary - that delivers extraordinary value. A dramatic 2-story fireside great room with oversized transom windows wraps the interior in natural light. The open floorplan flows seamlessly into the dining room and large, well-functioning cook's kitchen featuring rich stained cabinetry, granite countertops, stainless appliances, and a breakfast bar made for quick family meals or lingering gatherings with friends. Rich site-finished hardwood floors add warmth throughout the main living spaces and stairs. Ascend to the 2nd level flex space to practice yoga, work from home, or simply read and unwind. Escape down the hall to the primary retreat that feels like a true getaway - complete with a serene sitting area, Juliet balcony, custom walk-in closet, and a spa bath featuring double vanities, a whirlpool tub, and separate shower. Two additional ensuite bedrooms with walk-in closets on the 3rd level offer privacy and flexibility for guests, family, or work-from-home life. Fresh paint, new carpet, and new appliances - the home is ready to welcome you from day one. A covered porch, oversized attached 1-car garage with tandem parking space, and lushly landscaped grounds in a boutique community of just 16 homes check every last box. Step outside and the neighborhood embraces you - Lake Claire Pool, Pullman Yards, Candler Park Golf Course, top restaurants, and MARTA all within easy reach. Downtown, Midtown, the Eastside Beltline Trail, and Emory/CDC are minutes away. Welcome home - you're going to love it here.

17. 2024-11-13
    historical $3,650
18. 2024-10-26
    listed $3,650
19. 2024-10-26
    historical $3,150
20. 2024-10-12
    listed $3,150
21. 2024-10-12
    historical $3,150
22. 2024-10-08
    listed $3,150
23. 2024-09-15
    historical $3,150
24. 2024-09-07
    listed $3,150
25. 2024-09-07
    historical $3,495
26. 2024-08-07
    listed $3,495
27. 2024-08-06
    historical $3,550
28. 2024-07-24
    listed $3,550
29. 2024-07-24
    historical $3,650
30. 2024-07-10
    listed $3,650
31. 2024-07-10
    historical $3,750
32. 2024-06-26
    listed $3,750
33. 2024-06-26
    historical $3,750
34. 2024-06-21
    price $3,750
35. 2024-06-07
    listed $3,950
36. 2024-06-05
    historical $3,950
37. 2024-05-25
    price $3,950
38. 2024-05-13
    price $4,050
39. 2024-04-18
    listed $4,350
40. 2024-04-17
    historical $4,450
41. 2024-04-02
    listed $4,450
42. 2013-05-16
    price $348,300

    Show marketing remark (538 chars)

    MODEL OPEN FROM 12 PM - 6 PM MON. THRU SUN.!!!!THE OXFORD MODEL AND LIGHT FILLED END UNIT, WITH AN UNBELIEVABLE AMAZING MASTER SUITE , THE EXCLUSIVE ENCLAVE, SUTHERLAND CORNER, LOCATED IN THE DESIRABLE LAKE CLAIRE NEIGHBORHOOD AND MARY LIN SCHOOL DISTRICT! ONLY 2 HOMES AVAILABLE, DON'T GET LEFT OUT, UNBEATABLE SQUARE FOOTAGE FOR THE PRICE. SS APPL, DOUBLE OVENS, HW FLRS, TILE ENTRY, BTHS AND SHOWERS,GRANITE CTOPS, GARAGE DOOR OPENER, DISPOSAL, HW STAIRS, CROWN MOLDINGS, 9' CEILINGS, DRAMATIC 2 STORY FAMILY ROOM, A MUST SEE!!!!!!!!!!

43. 2013-05-03
    price $348,300
44. 2013-05-03
    historical
45. 2013-04-30
    soldstatus $348,300 Sold

    Show marketing remark (538 chars)

    MODEL OPEN FROM 12 PM - 6 PM MON. THRU SUN.!!!!THE OXFORD MODEL AND LIGHT FILLED END UNIT, WITH AN UNBELIEVABLE AMAZING MASTER SUITE , THE EXCLUSIVE ENCLAVE, SUTHERLAND CORNER, LOCATED IN THE DESIRABLE LAKE CLAIRE NEIGHBORHOOD AND MARY LIN SCHOOL DISTRICT! ONLY 2 HOMES AVAILABLE, DON'T GET LEFT OUT, UNBEATABLE SQUARE FOOTAGE FOR THE PRICE. SS APPL, DOUBLE OVENS, HW FLRS, TILE ENTRY, BTHS AND SHOWERS,GRANITE CTOPS, GARAGE DOOR OPENER, DISPOSAL, HW STAIRS, CROWN MOLDINGS, 9' CEILINGS, DRAMATIC 2 STORY FAMILY ROOM, A MUST SEE!!!!!!!!!!

46. 2013-04-30
    soldstatus $348,300 Sold

    Show marketing remark (538 chars)

    MODEL OPEN FROM 12 PM - 6 PM MON. THRU SUN.!!!!THE OXFORD MODEL AND LIGHT FILLED END UNIT, WITH AN UNBELIEVABLE AMAZING MASTER SUITE , THE EXCLUSIVE ENCLAVE, SUTHERLAND CORNER, LOCATED IN THE DESIRABLE LAKE CLAIRE NEIGHBORHOOD AND MARY LIN SCHOOL DISTRICT! ONLY 2 HOMES AVAILABLE, DON'T GET LEFT OUT, UNBEATABLE SQUARE FOOTAGE FOR THE PRICE. SS APPL, DOUBLE OVENS, HW FLRS, TILE ENTRY, BTHS AND SHOWERS,GRANITE CTOPS, GARAGE DOOR OPENER, DISPOSAL, HW STAIRS, CROWN MOLDINGS, 9' CEILINGS, DRAMATIC 2 STORY FAMILY ROOM, A MUST SEE!!!!!!!!!!

47. 2013-04-30
    price $356,575

    Show marketing remark (538 chars)

    MODEL OPEN FROM 12 PM - 6 PM MON. THRU SUN.!!!!THE OXFORD MODEL AND LIGHT FILLED END UNIT, WITH AN UNBELIEVABLE AMAZING MASTER SUITE , THE EXCLUSIVE ENCLAVE, SUTHERLAND CORNER, LOCATED IN THE DESIRABLE LAKE CLAIRE NEIGHBORHOOD AND MARY LIN SCHOOL DISTRICT! ONLY 2 HOMES AVAILABLE, DON'T GET LEFT OUT, UNBEATABLE SQUARE FOOTAGE FOR THE PRICE. SS APPL, DOUBLE OVENS, HW FLRS, TILE ENTRY, BTHS AND SHOWERS,GRANITE CTOPS, GARAGE DOOR OPENER, DISPOSAL, HW STAIRS, CROWN MOLDINGS, 9' CEILINGS, DRAMATIC 2 STORY FAMILY ROOM, A MUST SEE!!!!!!!!!!

48. 2013-04-21
    status Pending
49. 2013-04-01
    historical Contingent - Due Diligence

    Show marketing remark (538 chars)

    MODEL OPEN FROM 12 PM - 6 PM MON. THRU SUN.!!!!THE OXFORD MODEL AND LIGHT FILLED END UNIT, WITH AN UNBELIEVABLE AMAZING MASTER SUITE , THE EXCLUSIVE ENCLAVE, SUTHERLAND CORNER, LOCATED IN THE DESIRABLE LAKE CLAIRE NEIGHBORHOOD AND MARY LIN SCHOOL DISTRICT! ONLY 2 HOMES AVAILABLE, DON'T GET LEFT OUT, UNBEATABLE SQUARE FOOTAGE FOR THE PRICE. SS APPL, DOUBLE OVENS, HW FLRS, TILE ENTRY, BTHS AND SHOWERS,GRANITE CTOPS, GARAGE DOOR OPENER, DISPOSAL, HW STAIRS, CROWN MOLDINGS, 9' CEILINGS, DRAMATIC 2 STORY FAMILY ROOM, A MUST SEE!!!!!!!!!!

50. 2013-04-01
    status Under Contract

    Show marketing remark (538 chars)

    MODEL OPEN FROM 12 PM - 6 PM MON. THRU SUN.!!!!THE OXFORD MODEL AND LIGHT FILLED END UNIT, WITH AN UNBELIEVABLE AMAZING MASTER SUITE , THE EXCLUSIVE ENCLAVE, SUTHERLAND CORNER, LOCATED IN THE DESIRABLE LAKE CLAIRE NEIGHBORHOOD AND MARY LIN SCHOOL DISTRICT! ONLY 2 HOMES AVAILABLE, DON'T GET LEFT OUT, UNBEATABLE SQUARE FOOTAGE FOR THE PRICE. SS APPL, DOUBLE OVENS, HW FLRS, TILE ENTRY, BTHS AND SHOWERS,GRANITE CTOPS, GARAGE DOOR OPENER, DISPOSAL, HW STAIRS, CROWN MOLDINGS, 9' CEILINGS, DRAMATIC 2 STORY FAMILY ROOM, A MUST SEE!!!!!!!!!!

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 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: $55,748
• − Mortgage interest: −$33,553
• − Property taxes: −$8,985
• − Insurance: −$2,995
• − Repairs & maintenance: −$4,460
• − Management: −$4,460
• − Depreciation: −$17,425
• Taxable loss: −$16,131
• Est. tax savings @ 24.0%: +$3,871
• After-tax cash flow: $-1,763/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: Atlanta Public Schools
• NCES district ID: 1300120
• Math proficiency: 28% ▼ -6.00%
• Reading proficiency: 35% ▼ -2.00%
• Median HH income: $48,306
• Composite: 27.27/100
• National rank: #7006
• State rank: #80 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

• Census place: Atlanta, GA
• County: Dekalb County · 782,738 people
• City population: 629,525
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 21,709
• Household income: $140,677
• Rent vs Own: 41.7% rent · 58.3% own
• Severe rent burden: 919.0

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 White (68%)
• Race & ethnicity: White 68% Black 14% Two or more races 10% Hispanic / Latino 6% Asian 5%
• Hispanic origin (detail): Mexican 1%
• Common ancestry: Lithuanian 4% Slovak 4% Italian 3%
• Foreign-born: 8% · Canada, China, Vietnam
• Languages at home: 90% English-only · Spanish 4% Other Indo-European 1% Chinese 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: ▼ -702.06%
• Current HPI: 252.7207
• Rent YoY: ▲ 1.79%
• 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

-60.1% since first listed

47 events — show timeline

• 2026-05-29 Price Changed $599,000 FMLS
• 2026-05-29 Price Changed $599,000 GAMLS
• 2026-04-29 Listed $625,000 FMLS
• 2026-04-29 Listed $625,000 GAMLS
• 2024-11-13 Rental Removed $3,650 FMLS
• 2024-10-26 Listed for Rent $3,650 FMLS
• 2024-10-26 Rental Removed $3,150 RENTFEEDER
• 2024-10-12 Listed for Rent $3,150 RENTFEEDER
• 2024-10-12 Rental Removed $3,150 RENTFEEDER
• 2024-10-08 Listed for Rent $3,150 RENTFEEDER
• 2024-09-15 Rental Removed $3,150 RENTFEEDER
• 2024-09-07 Listed for Rent $3,150 RENTFEEDER
• 2024-09-07 Rental Removed $3,495 RENTFEEDER
• 2024-08-07 Listed for Rent $3,495 RENTFEEDER
• 2024-08-06 Rental Removed $3,550 RENTFEEDER
• 2024-07-24 Listed for Rent $3,550 RENTFEEDER
• 2024-07-24 Rental Removed $3,650 RENTFEEDER
• 2024-07-10 Listed for Rent $3,650 RENTFEEDER
• 2024-07-10 Rental Removed $3,750 RENTFEEDER
• 2024-06-26 Listed for Rent $3,750 RENTFEEDER
• 2024-06-26 Rental Removed $3,750 RENTFEEDER
• 2024-06-21 Price Changed $3,750 RENTFEEDER
• 2024-06-07 Listed for Rent $3,950 RENTFEEDER
• 2024-06-05 Rental Removed $3,950 RENTFEEDER
• 2024-05-25 Price Changed $3,950 RENTFEEDER
• 2024-05-13 Price Changed $4,050 RENTFEEDER
• 2024-04-18 Listed for Rent $4,350 RENTFEEDER
• 2024-04-17 Rental Removed $4,450 RENTFEEDER
• 2024-04-02 Listed for Rent $4,450 RENTFEEDER
• 2013-05-16 Price Changed $348,300 GAMLS
• 2013-05-03 Price Changed $348,300 FMLS
• 2013-05-03 Listing Removed — FMLS
• 2013-04-30 Sold (MLS) $348,300 GAMLS
• 2013-04-30 Sold (MLS) $348,300 FMLS
• 2013-04-30 Price Changed $356,575 FMLS
• 2013-04-21 Pending — FMLS
• 2013-04-01 Contingent — FMLS
• 2013-04-01 Pending — GAMLS
• 2013-03-31 Price Changed $356,575 GAMLS
• 2013-01-02 Price Changed $356,575 GAMLS
• 2013-01-02 Price Changed $356,575 FMLS
• 2012-11-14 Listed $354,575 GAMLS
• 2012-09-07 Price Changed $354,575 FMLS
• 2012-08-20 Price Changed $351,900 FMLS
• 2012-08-14 Listed $341,900 FMLS
• 2012-01-27 Sold (Public Records) $589,500 Public Records
• 2010-01-25 Sold (Public Records) $1,500,000 Public Records

Property tax history

-22.1%/yr

Latest (2020): $108 · +104.1% YoY. Source: county tax records.