Colonial home in 2949 Spalding Dr Sandy Springs, GA
This Colonial home in Atlanta, GA offers 5 bedrooms and 3 bathrooms across 5,061 square feet. The Colonial styling carries through the home's design.
| Price | $950,000 |
|---|
| Beds | 5 |
|---|
| Baths | 3 |
|---|
| Sqft | 5061 |
|---|
| Architectural style | Colonial (67% match) |
|---|
| Address | 2949 Spalding Dr Sandy Springs, GA 30350 |
|---|
Why buy this home
- Confirmed Colonial architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced a little under the area.
- At $950K, this home is 24% above the $769K median for 801 similar Colonial homes in Atlanta, GA.
- That works out to $188 per square foot, 16% below the $225 comparable rate.
- On the market 13 days.
| This home | $950,000 |
|---|
| Colonial median in Atlanta, GA | $769,000 (801 homes) |
|---|
| Price per sq ft | $188 vs. $225 comps median |
|---|
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 $6,285/month with 20% down at a 7.28% 30-year fixed rate. You would need about $269,340 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $5,200/mo |
|---|
| Property tax (new-buyer reassessed rate) | $728/mo |
|---|
| Homeowners insurance | $356/mo |
|---|
| Total monthly | $6,285/mo |
|---|
| Down payment (20%) | $190,000 |
|---|
| Income needed | $269,340/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (61 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 | C+ (61/100) |
|---|
| Beats renting in | 12% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $442,459 |
|---|
| Range (10th to 90th pct) | $263,039 to $660,640 |
|---|
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 Movoto