NOT LISTED FOR SALE

1050 Park Gate Place Stone Mountain, GA 30083

Estimated Value: $213,000 - $236,000

2 Beds
2.5 Baths
1,600 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $225,000 $141 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,396/month

12 Days on Market

Highlights

  • City View
  • Property is walking distance to MARTA
  • Eat-In Kitchen
  • Deck
  • Wood Flooring
  • In-Law or Guest Suite

About This Home

As of February 2024

This stunningly renovated all brick townhome is move-in ready. Bright open floor plan. The large eat-in kitchen boasts gorgeous granite countertops, white cabinets, a new stainless steel large under mount sink with a new faucet, a new chandelier in the breakfast area, a new ceiling light, a glass top electric range and a custom-built tile floor. The huge family room has a new floor, a fireplace and a wet bar perfect for relaxation. The room across from the kitchen with new double doors can be used as an office. New carpet and pad throughout the second floor and the stairs. 2 huge bedroom suits upstairs with walk-in and his/hers closets. All bathrooms have new toilets, granite countertops, sinks and faucets. New hot water heater and a new pressure expansion tank. New interior and exterior painting. The wood deck in the back has a privacy partition. No HOA fees. No rental restriction. No seller disclosure. FHA and Conventional loan are ok.

Last Agent to Sell the Property

Chung Ho

Trent Realty, Inc. License #301777 Listed on: 01/12/2024

Last Buyer's Agent

Venus Haile

Atlanta Communities License #373224

Atlanta Communities

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,150

Year Built

  • Built in 1983

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 115 x 24
  • Two or More Common Walls
  • Privacy Fence
  • Wood Fence
  • Back and Front Yard

Parking

  • On-Street Parking

Home Design

  • Brick Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Wet Bar
  • Ceiling Fan
  • Factory Built Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Room
  • City Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Range Hood
  • Dishwasher
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry on upper level

Home Security

Outdoor Features

  • Deck

Location

  • Property is walking distance to MARTA
  • Property is near shops

Schools

  • Hambrick Elementary School
  • Stone Mountain Middle School
  • Stone Mountain High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / B
  • Assessor Parcel Number 18 092 09 030

Community Details

Overview

  • Central Oaks Subdivision
  • FHA/VA Approved Complex

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,150

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: see Deed Book/Page
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 1983
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater, Range Hood, Refrigerator
  • Interior Amenities: His and Hers Closets, Walk-In Closet(s), Wet Bar
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Bathroom, Bedroom, Dining Room, Family Room, Kitchen, Laundry, Master Bathroom, Master Bedroom
  • Square Footage: 1600.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: In-Law Suite/Apartment, Roommate Floor Plan
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Privacy, Wood
  • Patio And Porch Features: Deck
  • View: City
  • Pool Private: No
  • Foundation: Brick/Mortar

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: In Hall, Laundry Closet, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • Community Features: Near Marta, Near Shopping
  • F H A Condo Approval: Yes
  • Subdivision Complex: Central Oaks

Association/Amenities

  • Number Of Units In Community: 1

Schools

  • Elementary School: Hambrick
  • Middle School: Stone Mountain
  • High School: Stone Mountain

Lot Info

  • Acres: 0.1000
  • Lot: 6
  • Land/Lot: 82
  • Section G M D: 99
  • Deed Book: 19938
  • Deed Page: 00707
  • Plat Book: 0076
  • Plat Page: 0009
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Dimensions: 115 x 24
  • Parcel Number: 18 092 09 030
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3150.00
  • Assessor Parcel Number: 18-092-09-030
  • Close Date: 2024-02-15
  • Tax Year: 2022

MLS Schools

  • Elementary School: Hambrick
  • High School: Stone Mountain
  • Middle School: Stone Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 16, 2024
Sold by
Ho Chung
Bought by
Teklezghi Merhawi
Seller's Agent
Chung Ho
Trent Realty, Inc.
Buyer's Agent
Venus Haile
Atlanta Communities
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%
Views
52
Current Estimated Value
$222,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,647
Avg. Annual Appreciation
-0.70%
Original Mortgage
$180,000
Outstanding Balance
$167,465
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$54,888

Purchase Details

Closed on
Apr 24, 2007
Sold by
Household Realty Corp
Bought by
Ho Chung and Jong Yijiun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2006
Sold by
King Anita F
Bought by
Household Rlty
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Teklezghi Merhawi $225,000 --
Ho Chung $50,000 --
Household Rlty $85,680 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teklezghi Merhawi $180,000
Previous Owner Ho Chung $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2024 02/15/24 Sold $225,000 -4.2% $141 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $234,900 -- $147 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

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 $2,638 $81,080 $10,000 $71,080
2024 $3,852 $78,200 $10,000 $68,200
2023 $3,852 $69,680 $10,000 $59,680
2022 $3,150 $64,360 $4,800 $59,560
2021 $2,000 $38,160 $4,800 $33,360
2020 $1,881 $35,440 $4,800 $30,640
2019 $1,732 $32,040 $4,800 $27,240
2018 $1,314 $23,840 $3,440 $20,400
2017 $1,165 $19,040 $3,440 $15,600
2016 $1,280 $21,600 $3,440 $18,160
2014 $963 $14,080 $3,440 $10,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7324147

First Multiple Listing Service (FMLS)

APN: 18-092-09-030