Colonial home in Atlanta, GA
Set in Atlanta, GA, this Colonial home provides 4 bedrooms and 3 bathrooms across 2,767 square feet. Notable features include fireplace and large backyard / lot.
| Price | $250,000 |
|---|
| Beds | 4 |
|---|
| Baths | 3 |
|---|
| Sqft | 2767 |
|---|
| Architectural style | Colonial (37% match) |
|---|
| Address | 3059 Sorrento Circle SW, Atlanta, GA 30331 |
|---|
Why buy this home
- Confirmed Colonial architecture, matched from the listing photos by Enzo's vision model.
- Features: fireplace, large backyard / lot.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $250K, this home is 67% below the $769K median for 801 similar Colonial homes in Atlanta, GA.
- That works out to $90 per square foot, 60% below the $225 comparable rate.
- New to market (4 days), so expect competition.
| This home | $250,000 |
|---|
| Colonial median in Atlanta, GA | $769,000 (801 homes) |
|---|
| Price per sq ft | $90 vs. $225 comps median |
|---|
It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,654/month with 20% down at a 7.28% 30-year fixed rate. You would need about $70,879 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,368/mo |
|---|
| Property tax (new-buyer reassessed rate) | $192/mo |
|---|
| Homeowners insurance | $94/mo |
|---|
| Total monthly | $1,654/mo |
|---|
| Down payment (20%) | $50,000 |
|---|
| Income needed | $70,879/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A- (80 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | A- (80/100) |
|---|
| Beats renting in | 49% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $161,682 |
|---|
| Range (10th to 90th pct) | $105,130 to $227,672 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Atlanta, GA where local data is thin.
Local home values
Typical home values in Atlanta, GA have risen about 19% over the past 5 years (-2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately