NOT LISTED FOR SALE

1508 Knights Trail Stone Mountain, GA 30083

Stone Mountain Neighborhood

Estimated Value: $268,591 - $276,000

3 Beds
3.5 Baths
1,480 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $236,000 $159 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,842/month

6 Days on Market

Highlights

  • 1 Fireplace
  • Central Heating and Cooling System
  • Garage

About This Home

As of September 2021

Move in ready townhome that is convenient to everything! Not FHA eligible until 10/12/21.

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 08/13/2021

Mark Spain Real Estate

Co-Listed By

Marissa Bradley

The HomeStore License #339134

Last Buyer's Agent

Erkihun Bedassa

Berhanu Real Estate License #346152

Berhanu Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,612

Year Built

  • Built in 2007

Lot Details

  • 4,356

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • Multi-Level Property
  • 1 Fireplace

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Schools

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

Additional Features

  • 4,356 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Clarion Downs Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,612

Year Built

Built in 2007

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • District: 4
  • Year Built: 2007
  • Main Level Half Bathrooms: 1
  • Co List Office: TECH01
  • Financing Type: Conventional 90%
  • Levels: Multi/Split
  • Lot Size Acres: .10
  • Property Sub-Type: Townhouse
  • Total Finished Area2: 1480
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Microwave
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1480
  • Above Grade Finished Sq Ft: 1480
  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Price Per Square Foot: 159.459

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Lower Level: 1

Exterior Features

  • Construction Materials: Other
  • Foundation Details: Slab
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Other, Central Air
  • Heating: Other, Central
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 600
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

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

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2612

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
Assefaw Ermiyas
Bought by
Assefaw Daniel and Assefaw Ermiyas
Total Days on Market
6
Current Estimated Value
$272,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$205,351
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$66,797

Purchase Details

Closed on
Jan 3, 2024
Sold by
Chake Shimels
Bought by
Assefaw Ermiyas and Issak Lula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$205,351
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$66,797

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 15, 2021
Sold by
Opendoor Property J Llc
Bought by
Chake Shimels
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Erkihun Bedassa
Berhanu Real Estate
List Price
$220,000
Sold Price
$236,000
Premium/Discount to List
$16,000
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$185,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2021
Sold by
Mayfield Annalyn R
Bought by
Opendoor Property J Llc
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 Buyer Sale Price Title Company
Assefaw Daniel -- --
Assefaw Ermiyas $260,000 --
Chake Shimels $210,000 --
Opendoor Property J Llc $211,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Assefaw Daniel $208,000
Previous Owner Chake Shimels $185,250
Previous Owner Mayfield Annalynn R $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $236,000 +7.3% $159 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $220,000 -- $149 / 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 $3,240 $108,040 $20,000 $88,040
2022 $3,514 $78,560 $12,000 $66,560
2021 $2,978 $66,360 $12,000 $54,360
2020 $2,678 $59,520 $12,000 $47,520
2019 $2,662 $59,160 $12,000 $47,160
2018 $2,212 $48,680 $8,000 $40,680
2017 $1,741 $38,000 $8,000 $30,000
2016 $2,005 $43,880 $5,880 $38,000
2014 $1,992 $42,520 $5,880 $36,640
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain

    Seller's Agent in 2021

    Mark Spain

    Mark Spain

    (678) 537-8980

    143 in this area

    10,406 Total Sales

    Mark Spain
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Marissa Bradley

    The HomeStore

    Section Image
  • Erkihun Bedassa

    Buyer's Agent in 2021

    Erkihun Bedassa

    Berhanu Real Estate

    (404) 644-2118

    52 in this area

    103 Total Sales

    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 9033655

Georgia MLS

APN: 18-139-12-002

Georgia DeKalb County Stone Mountain 30083 Stone Mountain

1508 Knights Trail, Stone Mountain, GA

This home is located at 1508 Knights Trail, Stone Mountain, GA 30083 since 13 August 2021 and is currently estimated at $272,148, approximately $183 per square foot. This property was built in 2007. 1508 Knights Trail is a home located in DeKalb County with nearby schools including Hambrick Elementary School, Stone Mountain Middle School, and Stone Mountain High School.

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