$250,000
SOLD DEC 3, 2024

1200 Rays Rd Stone Mountain, GA 30083

3 Beds
2 Baths
1,516 Sq Ft
0.6 Acres

Recently Sold

$165 Per Sq Ft

190 Days on Market

Highlights

  • 0.6 Acre Lot
  • No HOA
  • 1-Story Property
  • Wood Flooring
  • Laundry closet
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

A remarkable investment opportunity with loads of potential! An all brick ranch home offering 3 bedrooms & 2 full baths, an open floor plan with approximately 1,516 square feet of living space, hardwood flooring throughout, a living room, a kitchen with granite countertops, double sink, white built-in cabinetry, appliances, and a dining area. Features include a long car driveway, a porch for fresh air & sunlight, and a spacious wooded backyard perfect for a play area, open space, or additional outdoor living! Don't miss out on this! TONS of Potential! Being sold AS IS, WHERE IS, Buyer is responsible for all inspections. All info & property details set forth in this listing, including all utilities & all room dimensions, are approximate, are deemed reliable but not guaranteed, & should be independently verified if any person intends to engage in a transaction based upon it. Seller/current owner does not represent and/or guarantee that all property info & details have been provided in this MLS listing.

Last Agent to Sell the Property

Kimberlee McClellan

AI BROKERS License #381291 Listed on: 05/13/2024

Last Buyer's Agent

Meron Tiku

Chapman Hall Realtors Alpharetta License #361715

Chapman Hall Realtors Alpharetta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,629

Year Built

  • Built in 1950

Lot Details

  • 0.6 Acre Lot

Parking

  • Side or Rear Entrance to Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,516 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space
  • Laundry closet

Kitchen

  • Convection Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Allgood Elementary School
  • Freedom Middle School
  • Clarkston High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,629

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .60
  • Property Sub-Type: Single Family Residence
  • Structure Type: Other
  • Total Finished Area2: 1516
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Convection Oven, Cooktop, Dishwasher, Electric Water Heater, Refrigerator
  • Bedrooms: 3
  • Basement: Crawl Space
  • Total Finished Sq Ft: 1516
  • Above Grade Finished Sq Ft: 1516
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Flooring: Hardwood
  • Price Per Square Foot: 164.907

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Brick
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Side/Rear Entrance

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Allgood
  • High School: Clarkston
  • Middle School: Freedom
  • Elementary School: Allgood
  • Middle School: Freedom
  • High School: Clarkston

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4629.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Dec 3, 2024
Sold by
Besrat Ermias
Bought by
Besrat Ermias and Hadgu Eyerusalem T
Seller's Agent
Kimberlee McClellan
AI BROKERS
Buyer's Agent
Meron Tiku
Chapman Hall Realtors Alpharetta
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Views
80
Current Estimated Value
$262,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,867
Avg. Annual Appreciation
9.90%
Original Mortgage
$242,500
Outstanding Balance
$241,664
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$22,162

Purchase Details

Closed on
May 10, 2024
Sold by
Fyr Sfr Borrower Llc
Bought by
Fyr Sfr Trs Llc

Purchase Details

Closed on
Aug 8, 2018
Sold by
Arlp Reo Vii Llc
Bought by
Fyr Sfr Borrower Llc

Purchase Details

Closed on
Mar 30, 2016
Sold by
Ih2 Property Trs 2 Lp
Bought by
Arlp Reo Vii Llc and C/O Altisource Residential Corp

Purchase Details

Closed on
Jun 26, 2013
Sold by
Pointone Holdings Lp
Bought by
Ih2 Property Georgia Lp

Purchase Details

Closed on
Nov 5, 2007
Sold by
Cowan Mark A
Bought by
Moderow Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,250
Interest Rate
6.32%

Purchase Details

Closed on
Jul 22, 1997
Sold by
Parks Christine E
Bought by
Cowan Mark A and Cowan Fount E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,422
Interest Rate
7.7%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 -- --
Warranty Deed $250,000 --
Limited Warranty Deed -- --
Warranty Deed $160,000 --
Limited Warranty Deed $3,839,400 --
Limited Warranty Deed $2,063,289 --
Deed $26,700 --
Deed $82,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,500 New Conventional
Previous Owner $94,250 No Value Available
Previous Owner $20,422 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $250,000 0.0% $165 / Sq Ft
11/19/2024 11/19/24 For Sale $249,900 0.0% $165 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
10/17/2024 10/17/24 Pending -- -- --
10/01/2024 10/01/24 Price Changed $249,900 -3.8% $165 / Sq Ft
09/12/2024 09/12/24 Price Changed $259,900 -7.1% $171 / Sq Ft
08/16/2024 08/16/24 Price Changed $279,900 -3.4% $185 / Sq Ft
07/25/2024 07/25/24 Price Changed $289,900 -9.4% $191 / Sq Ft
06/28/2024 06/28/24 Price Changed $319,900 -5.9% $211 / Sq Ft
05/13/2024 05/13/24 For Sale $339,900 -- $224 / Sq Ft
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 $4,879 $105,720 $24,720 $81,000
2022 $3,897 $79,840 $19,000 $60,840
2021 $2,754 $53,800 $19,000 $34,800
2020 $2,719 $53,000 $9,000 $44,000
2019 $2,343 $44,440 $9,000 $35,440
2018 $1,826 $41,160 $9,000 $32,160
2017 $2,024 $37,000 $9,000 $28,000
2016 $2,028 $37,000 $9,000 $28,000
2014 $1,465 $23,677 $9,000 $14,677
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kimberlee McClellan

    AI BROKERS

    (404) 965-0048

    1 in this area

    50 Total Sales

    Kimberlee McClellan
    Section Image
  • Meron Tiku

    Buyer's Agent in 2024

    Meron Tiku

    Chapman Hall Realtors Alpharetta

    (404) 468-4581

    5 in this area

    62 Total Sales

    Meron Tiku
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10298646

Georgia MLS

APN: 18-121-12-005

Georgia DeKalb County Stone Mountain 30021

1200 Rays Rd, Stone Mountain, GA

This home is located at 1200 Rays Rd, Stone Mountain, GA 30083 and is currently priced at $250,000, approximately $164 per square foot. This property was built in 1950. 1200 Rays Rd is a home located in DeKalb County with nearby schools including Jolly Elementary School, Freedom Middle School, and Clarkston High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

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