$185,000
SOLD DEC 15, 2025

1040 Forest Dr E Stone Mountain, GA 30088

3 Beds
2 Baths
1,246 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$148 Per Sq Ft

16% Below List Price

31 Days on Market

Highlights

  • View of Trees or Woods
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Wood Frame Window
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of December 2025

Back on the Market at no fault of the seller – Appraised value 225K This beautifully maintained 3-bedroom, 2-bathroom property is back on the market with fresh updates. Step inside to find a bright, open living space, a well-appointed kitchen and stainless steel appliances, and a cozy backyard perfect for entertaining or relaxing. The home also features [LVP/new carpet/tile flooring, and a spacious primary suite. Also located in a quiet neighborhood near schools, parks, and shopping, this home combines comfort, convenience, and value. Don’t miss your second chance—schedule a tour today and see what’s new! 100% financing available(qualifying buyer) and closing incentives with the use of Preferred lender. $2000 in closing cost assistance. One year home warranty provided by seller.

Last Agent to Sell the Property

Quinn Shealey

Homesouth Residential Incorporated Brokerage Phone: 678-588-7970 License #407010 Listed on: 05/22/2025

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1982

Lot Details

  • 10,019 Sq Ft Lot
  • Chain Link Fence
  • Back Yard Fenced

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Split Level Home
  • Combination Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,246 Sq Ft Home
  • Ceiling Fan
  • Wood Frame Window
  • Family Room with Fireplace
  • Views of Woods
  • Fire and Smoke Detector
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Schools

  • Shadow Rock Elementary School
  • Redan Middle School
  • Redan High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • Forest East Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 16 034 10 043

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,497

Year Built

Built in 1982

Lot Details

10,019 Sq Ft Lot

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Resale
  • Year Built: 1982
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Kitchen Features: Eat-in Kitchen, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 1246.00
  • Spa Features: None
  • Window Features: Wood Frames

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Master Bathroom Features: Shower Only

Exterior Features

  • Construction Materials: Wood Siding
  • Roof Type: Shingle
  • Fencing: Back Yard, Chain Link
  • View: Trees/Woods
  • Pool Private: No
  • Foundation: Combination

Garage/Parking

  • Number of Garage Spaces: 1
  • Parking Features: Driveway, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: In Garage
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • Home Warranty: Yes
  • Subdivision Complex: Forest East

Lot Info

  • Acres: 0.2300
  • Lot Features: Back Yard
  • Lot Dimensions: x
  • Parcel Number: 16 034 10 043
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2497.00
  • Additional Assessor Parcel Numbers: 16 034 10 043
  • Tax Year: 2024

MLS Schools

  • Elementary School: Shadow Rock
  • High School: Redan
  • Middle School: Redan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2025
Closed on
Dec 15, 2025
Sold by
Holliday Kathie
Bought by
Lakin Timothy and Lakin Sandra
Seller's Agent
Quinn Shealey
Homesouth Residential Incorporated
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$220,000
Sold Price
$185,000
Premium/Discount to List
-$35,000
-15.91%
Views
48
Current Estimated Value
$194,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,435
Avg. Annual Appreciation
22.01%

Purchase Details

Closed on
Apr 10, 2017
Sold by
Arnold D Frantz
Bought by
Holliday Kathie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,112
Interest Rate
4.1%

Purchase Details

Closed on
Apr 1, 2008
Sold by
Residential Fndg Co Llc
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Sep 26, 2006
Sold by
Secretary Of Hud
Bought by
Langham Lamar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,050
Interest Rate
6.48%

Purchase Details

Closed on
May 3, 2005
Sold by
Mers Inc
Bought by
Hud

Purchase Details

Closed on
May 28, 1999
Sold by
Martin Lee
Bought by
Sutherland Zina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,410
Interest Rate
7.51%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 --
Deed -- --
Deed -- --
Deed -- --
Foreclosure Deed $84,068 --
Deed -- --
Deed -- --
Deed -- --
Foreclosure Deed $84,054 --
Deed $83,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $98,112 No Value Available
Previous Owner -- No Value Available
Previous Owner $96,050 No Value Available
Previous Owner $82,410 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2025 12/15/25 Sold $185,000 0.0% $148 / Sq Ft
10/14/2025 10/14/25 Off Market $185,000 -- --
09/05/2025 09/05/25 Price Changed $200,000 -7.0% $161 / Sq Ft
08/17/2025 08/17/25 Price Changed $215,000 -2.3% $173 / Sq Ft
08/07/2025 08/07/25 For Sale $220,000 0.0% $177 / Sq Ft
06/22/2025 06/22/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $220,000 -3.9% $177 / Sq Ft
05/22/2025 05/22/25 For Sale $228,900 -- $184 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,452 $89,720 $20,000 $69,720
2024 $2,497 $89,800 $20,000 $69,800
2023 $2,497 $88,240 $20,000 $68,240
2022 $1,930 $68,640 $6,000 $62,640
2021 $1,688 $58,160 $6,000 $52,160
2020 $1,417 $46,240 $6,000 $40,240
2019 $1,219 $38,160 $6,000 $32,160
2018 $1,378 $37,840 $4,240 $33,600
2017 $1,005 $30,280 $4,240 $26,040
2016 $749 $24,200 $4,240 $19,960
2014 $328 $8,440 $4,240 $4,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7581580

First Multiple Listing Service (FMLS)

APN: 16-034-10-043

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