NOT LISTED FOR SALE

1506 Kessock Way Stone Mountain, GA 30083

Estimated Value: $149,821 - $197,000

2 Beds
2.5 Baths
1,156 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $70,000 $61 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,208/month

Highlights

  • Property is near public transit
  • Patio
  • Entrance Foyer
  • Traditional Architecture
  • Park
  • Central Heating and Cooling System

About This Home

As of February 2024

Great 2 Bedroom, 2.5 Townhome in Stone Mountain. Fireside Family Room with view from Kitchen for easy entertaining. Patio overlooking level backyard. Don't miss this great opportunity!

Last Agent to Rent the Property

Thom Greenwood

Keystone Brokers, Inc. License #164559 Listed on: 01/04/2024

Last Renter's Agent

Thom Greenwood

Keystone Brokers, Inc. License #164559 Listed on: 01/04/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,322

Year Built

  • Built in 1985

Lot Details

  • 1,921 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,156 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • 2 Parking Spaces
  • Parking Pad

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools
  • 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
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,450
  • 12 Month Lease Term
  • $60 Application Fee
  • Assessor Parcel Number 18 139 11 058

Community Details

Overview

  • Application Fee Required
  • Inverness Woods Subdivision

Recreation

  • Park

Pet Policy

  • Pets Allowed
  • Pet Deposit $250

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,322

Year Built

Built in 1985

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: All Utilities
  • Credit Report Required: Yes
  • Deposit: 1450
  • Lease Term: 12 Months
  • Per Adult Dollar: 60.00
  • Pets Allowed: Yes
  • Reservation Deposit: 1450.00
  • Application Fee Per Adult: Yes
  • Pet Deposit Dollar: 250.00
  • Deposit Required: Security

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Year Built: 1985
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Fireplace Features: Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Water Heater
  • Interior Amenities: Entrance Foyer
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Square Footage: 1156.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Parking Pad

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central, Natural Gas

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping, Park, Public Transportation, Street Lights
  • Management: Professionally Managed
  • Subdivision Complex: Inverness Woods

Schools

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

Lot Info

  • Acres: 0.0441
  • Lot Features: Level
  • Lot Dimensions: x
  • Parcel Number: 18 139 11 058
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 18-139-11-058
  • Close Date: 2024-02-20

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
Apr 8, 2019
Closed on
Jun 26, 2019
Sold by
Initiative For Affordable Housing Inc
Bought by
Lunsford Family Properties Llc
Seller's Agent
Kathleen A. Andres
Expect Excellence Realty, LLC.
Buyer's Agent
Thom Greenwood
Keystone Brokers, Inc.
List Price
$100,000
Sold Price
$70,000
Premium/Discount to List
-$30,000
-30%
Current Estimated Value
$175,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,705
Avg. Annual Appreciation
15.73%
Original Mortgage
$8,000,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 1999
Sold by
Secretary
Bought by
Housing Initiative For Affor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,585
Interest Rate
7.43%
Mortgage Type
New Conventional
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
Lunsford Family Properties Llc $70,000 --
Housing Initiative For Affor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lunsford Family Properties Llc $8,000,000
Previous Owner Housing Initiative For Affor $39,585
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2024 02/20/24 Rented $1,399 0.0% --
01/30/2024 01/30/24 Price Changed $1,399 -3.5% $1 / Sq Ft
01/04/2024 01/04/24 For Rent $1,450 0.0% --
06/26/2019 06/26/19 Sold $70,000 -26.3% $61 / Sq Ft View Prior Sale
05/24/2019 05/24/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $95,000 -5.0% $82 / Sq Ft
05/14/2019 05/14/19 For Sale $100,000 0.0% $87 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $100,000 -- $87 / 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
2024 $3,322 $66,360 $20,000 $46,360
2023 $3,322 $69,280 $20,000 $49,280
2022 $2,265 $44,480 $4,800 $39,680
2021 $1,793 $33,720 $4,800 $28,920
2020 $1,530 $27,720 $4,800 $22,920
2019 $313 $21,840 $0 $21,840
2018 $313 $17,360 $0 $17,360
2017 $313 $15,840 $0 $15,840
2016 $313 $10,640 $0 $10,640
2014 $313 $33,600 $3,160 $30,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7320120

First Multiple Listing Service (FMLS)

APN: 18-139-11-058