NOT LISTED FOR SALE

1433 Stone Mill Trace Stone Mountain, GA 30083

Estimated Value: $95,000 - $207,000

3 Beds
2 Baths
1,234 Sq Ft
$217/mo HOA Fee

Last Sold January 03, 2019

Last sale price $37,000 $30 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $1,085/month

12 Days on Market

Highlights

  • Open-Concept Dining Room
  • Property is near public transit
  • Community Pool
  • Wood Burning Stove
  • Stone Countertops
  • Tennis Courts

About This Home

As of January 2019

Great value on totally renovated 3-2 ranch condo with defunct HOA, so no problem renting. Seller was getting $850 per month in rent with a net income of approximately $4500 per year giving it a true 14.25% capitalization rate. Unit has new paint inside and out, new doorknobs, and the master has a private patio. Unit also has excellent closet space.

Last Agent to Sell the Property

Deborah Harris Race

Keller Williams Rlty, First Atlanta License #105993 Listed on: 08/01/2018

Keller Williams Rlty, First Atlanta

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • 1,307

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Garden Home
  • Frame Construction
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,234 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the lower level
  • Wood Burning Stove
  • Circulating Fireplace
  • Family Room
  • Open-Concept Dining Room
  • Open Access
  • Laundry in Hall

Kitchen

  • Electric Range
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Stone Mountain Elementary And Middle School
  • Stone Mountain High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 14 / 1
  • Assessor Parcel Number 18 137 05 014

Community Details

Overview

  • Michelle Mosely Association, Phone Number (404) 329-5718
  • *Stone Mountain Village Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Garden (1 Level)
  • Property Condition: Resale
  • Year Built: 1974
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Fireplace Features: Circulating, Wood Burning Stove
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Lower
  • Kitchen Features: Cabinets White, Stone Counters
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Square Footage: 1234.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Tub/Shower Combo

Exterior Features

  • Construction Materials: Cedar, Frame
  • Roof Type: Composition

Garage/Parking

  • Number of Carport Spaces: 1
  • Parking Features: Carport

Utilities

  • Security: Open Access, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Hall
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Water
  • Community Features: Homeowners Assoc, Pool, Public Transportation, Tennis Court(s)
  • Association Fee: 217
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Management Company Email: michelle.mosely@cancer.org
  • Management Phone: 404-329-5718
  • Subdivision Complex: *Stone Mountain Village

Association/Amenities

  • Management Company: Michelle Mosely

Lot Info

  • Lot: 14
  • Plat Book: 2
  • Plat Page: 114
  • Parcel Number: 18 137 05 014
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 1258.00
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Stone Mountain
  • High School: Stone Mountain
  • Middle School: Stone Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Dec 28, 2018
Sold by
Freeport Title & Guaranty Inc Trustee
Bought by
Ptn Properties Inc
Seller's Agent
Deborah Harris Race
Keller Williams Rlty, First Atlanta
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$40,000
Sold Price
$37,000
Premium/Discount to List
-$3,000
-7.5%
Current Estimated Value
$137,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,900
Avg. Annual Appreciation
20.55%

Purchase Details

Closed on
Jan 13, 2015
Sold by
Stamey Katie R
Bought by
Freeport Title & Guaranty Inc and 1433 Stone Mill Trace Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.88%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Ptn Properties Inc $37,000 --
Freeport Title & Guaranty Inc $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeport Title & Guaranty Inc $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2019 01/03/19 Sold $37,000 -7.5% $30 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $40,000 -- $32 / 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 $1,849 $32,680 $3,268 $29,412
2024 $1,825 $32,680 $3,268 $29,412
2023 $1,825 $32,680 $3,200 $29,480
Source: Public Records

Agents Affiliated with this Home

  • Deborah Harris Race

    Seller's Agent in 2019

    Deborah Harris Race

    Keller Williams Rlty, First Atlanta

    (404) 272-9827

    16 Total Sales

    Deborah Harris Race
    Section Image

  • N

    Buyer's Agent in 2019

    NON-MLS NMLS

    Non FMLS Member

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6050192

First Multiple Listing Service (FMLS)

APN: 18-137-05-014

Georgia DeKalb County Stone Mountain 30083

1433 Stone Mill Trace, Stone Mountain, GA

Not Listed for Sale

Condos

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