For SaleRisky Deal10 days on market

644 Wells St SW Unit 16

644 Wells St SW Unit 16, Atlanta, GA 30310, Atlanta, GA 30310
$315,000
Estimate®:$304,900

Listing Price

Property image 1
644 Wells St SW Unit 16, Atlanta, GA 30310
Loc: Atlanta, GA
Days Listed
10
Tax Assessed
$330k
Estimate®
$305k
Market Rate
Lot Size
1,873 sqft
Rent Estimate
$2,635/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

Dunbar Elementary School

PK-5
0.5 mi away
5

King Middle School

6-8
1.6 mi away
6

Maynard H. Jackson- Jr. High School

9-12
2.7 mi away
Haven Underwritten Market·Stronger DSCR (0.76x)

Atlanta, GA Investment Analysis (2026)

Cap Rate: 4.76% · Median Rent: $2,650/mo · Effective Tax: 0.91%

Open Atlanta Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

industrial loftexposed wood beamsopen floor planstamped concrete floorsmezzanine levelmodern aesthetichigh ceilingsmetal railingexposed ductworkmodern kitchenspaciouscontemporaryluxury loft

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.05%
Total ROI
90.4%
Cash Flow
$-45/mo
DSCR
0.97
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-45/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.0%)
  • Strong rental demand in Atlanta
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-14Listed for sale$315,000$167
2026-09-14Listing removed$330,000$175
2026-07-22Price change$330,000$175
2026-04-11Listed for sale$335,000$177
2026-04-11Listing removed$335,000$177
2026-04-01Price change$335,000$177
2026-02-21Price change$345,000$182
2026-01-09Listed for sale$355,000$188
2021-02-12Sold$319,000$169
2021-02-05Pending sale$319,000$169
2021-01-26Listed for sale$319,000$169
2018-09-20Sold$283,500$150
2018-06-29Sold$251,000$133
2013-10-31Sold$87,000$46
2013-04-23Listing removed$82,000$43
2013-03-22Listed for sale$82,000$43
2012-07-03Sold$148,259$78
2006-04-14Sold$175,500$93
2003-03-14Sold$171,000$90

Tax History

YearProperty TaxTax Assessment
2025$3,793.29$132,000
2024$0$132,000
2023$2,219.48$177,560
2022$3,602.27$127,600
2021$6,180.2$152,560
2020$6,239.81$150,720
2019$2,976.07$226,800
2018$2,976.07$70,080
2017$2,976.07$27,000
2016$1,240.88$27,000
2015$1,238.82$27,000
2014$1,224.21$27,000
2013$1,191.27$27,000
2012$12.29$27,000
2011$0$43,240
2010$2,791.23$87,360
2009$0$87,360
2008$0$92,080
2007$0$92,080
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,891

Similar Properties Nearby

Explore other investment opportunities in Atlanta.