NOT LISTED FOR SALE

1155 Forest East Dr Unit 1 Stone Mountain, GA 30088

Estimated Value: $238,000 - $268,000

0.4 Acre
$629,465 Price per Acre
17,424 Sq Ft Lot

Last Sold June 07, 2021

Last sale price $24,000

Est. 949% increase in value since last sale

Current estimated payment $1,792/month

17 Days on Market

About This Lot

As of June 2021

Residential corner lot; Forest East Subdivision, approximately 0.40 of an acre. Conveniently located near Stone Mountain Park, easy access to I-20 and I-285.

Last Listed By

Norma Elkin

Atlanta Communities License #141678 Listed on: 04/30/2021

Atlanta Communities

Property Details

Property Type

  • Land

Year Built

  • 1979

Lot Details

  • 0.4 Acre Lot
  • Property fronts a state road
  • Level Lot

Location

  • Property is near public transit
  • Property is near schools

Schools

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

Community Details

  • Forest East Subdivision

Listing and Financial Details

  • Tax Lot 1

Property Details

Property Type

Land

Year Built

1979

Lot Details

0

Listing Details

  • Property Type: Land
  • District: 16
  • Financing Type: Cash
  • Lot Size Acres: .40
  • Other Sturctures: None
  • Property Sub-Type: Residential Lot
  • Road Frontage Type: County Road, State Road
  • Road Surface Type: Paved
  • Land Use Restrictions: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1979

Interior Features

  • Possible Use: Residential

Exterior Features

  • Frontage Road: 209
  • Lot Features: Curb, Level

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Street Lights, Walk To Public Transit, Walk To Schools

Schools

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

Lot Info

  • Land Lot: 34
  • Lot: 1
  • Total Lots: 1
  • Zoning Description: Single Family

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2156

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Aug 2, 2021
Sold by
Sharma Madan M
Bought by
Dorsey Tequila
Seller's Agent
Norma Elkin
Atlanta Communities
Buyer's Agent
Norma Elkin
Atlanta Communities
List Price
$29,000
Sold Price
$24,000
Premium/Discount to List
-$5,000
-17.24%
Total Days on Market
17
Current Estimated Value
$251,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,786
Avg. Annual Appreciation
80.83%
Original Mortgage
$42,275
Outstanding Balance
$15,274
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$232,364

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 7, 2021
Sold by
Resi Reo Sub Llc
Bought by
Sharma Madan M
Seller's Agent
Norma Elkin
Atlanta Communities
Buyer's Agent
Norma Elkin
Atlanta Communities
List Price
$29,000
Sold Price
$24,000
Premium/Discount to List
-$5,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,275
Outstanding Balance
$15,274
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$232,364

Purchase Details

Closed on
May 31, 2013
Sold by
Bridgebilt Llc
Bought by
Rac 2 Llc

Purchase Details

Closed on
Dec 31, 2012
Sold by
Pointone Holdings Lp
Bought by
Bridgebilt Llc

Purchase Details

Closed on
Feb 5, 2008
Sold by
Voyles Holdings Llc
Bought by
Moderow Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.06%

Purchase Details

Closed on
Jan 29, 2008
Sold by
Suntrust Mortgage Inc
Bought by
Voyles Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.06%

Purchase Details

Closed on
Apr 26, 2007
Sold by
Hud
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Nov 7, 2006
Sold by
Suntrust Mortgage Inc
Bought by
Hud

Purchase Details

Closed on
Dec 17, 2004
Sold by
Williams Courtney and Williams Melody A
Bought by
Smith Deangelo M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,800
Interest Rate
5.71%
Mortgage Type
VA

Purchase Details

Closed on
Aug 8, 1998
Sold by
Ross Michael and Ross Pamela
Bought by
Williams Courtney and Williams Melody A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
6.58%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Dorsey Tequila $44,500 --
Sharma Madan M $24,000 --
Resi Reo Sub Llc $24,000 --
Rac 2 Llc $78,369 --
Bridgebilt Llc $45,329 --
Moderow Karen $50,500 --
Voyles Holdings Llc $33,000 --
Suntrust Mortgage Inc -- --
Hud -- --
Suntrust Mortgage Inc $128,399 --
Smith Deangelo M $125,800 --
Williams Courtney $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorsey Tequila $42,275
Previous Owner Rac 2 Llc $390,000,000
Previous Owner Moderow Karen $76,500
Previous Owner Smith Deangelo M $123,800
Previous Owner Williams Courtney $100,000
Previous Owner Williams Courtney $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $24,000 -17.2% --
05/17/2021 05/17/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $29,000 -- --
Source: Georgia MLS

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
2023 $4,671 $54,920 $5,492 $49,428
2022 $3,283 $54,920 $5,492 $49,428
2021 $2,156 $54,920 $5,400 $49,520
2020 $2,156 $42,000 $5,400 $36,600
2019 $1,840 $34,800 $5,400 $29,400
2018 $1,348 $38,880 $3,840 $35,040
2017 $1,782 $33,320 $3,840 $29,480
2016 $670 $8,080 $3,878 $4,202
2014 $624 $8,080 $3,840 $4,240
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Norma Elkin

    Atlanta Communities

    (404) 683-4343

    3 in this area

    175 Total Sales

    Norma Elkin
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Map

Source: Georgia MLS

MLS Number: 8971003

Georgia MLS

APN: 16-034-02-016

Georgia DeKalb County Stone Mountain 30088

1155 Forest East Dr Unit 1, Stone Mountain, GA

Homes for Sale in Stone Mountain, GA

This home is located at 1155 Forest East Dr Unit 1, Stone Mountain, GA 30088 since 30 April 2021 and is currently estimated at $251,786. This property was built in 1979. 1155 Forest East Dr Unit 1 is a home located in DeKalb County with nearby schools including Shadow Rock Elementary School, Redan Middle School, and Redan High School.

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