NOT LISTED FOR SALE

1561 Elm Ridge Way Stone Mountain, GA 30083

Stone Mountain Neighborhood

Estimated Value: $239,000 - $265,000

5 Beds
3 Baths
3,211 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $112,500 $35 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,766/month

About This Home

As of March 2016

Totally renovated Ranch on a basement. This home is beautiful with an open floor plan and a large yard. The basement offers separate living with a living room, bedroom and bathroom. This home features new paint, new flooring, stainless steel appliance, and granite countertops. Don't miss out. Be advised that the sq ft and other features provided may be approximate. Prices and/or availability dates may change without notice. Lease terms 12 months or longer. Application fee is a non-refundable $75 per adult over 18 years of age. One-time $200 Administrative fee due at move-in. Most homes are pet-friendly. Breed restrictions may apply. Rental insurance required.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
Sfr Xii Atl Owner I Lp
Bought by
Star Borrower Sfr4 Lp
Current Estimated Value
$253,647

Purchase Details

Closed on
May 18, 2021
Sold by
Intergrity Financial Grp Llc
Bought by
Sfr Xii Atl Owner 1 Lp

Purchase Details

Closed on
Dec 17, 2020
Sold by
Reese Sandra
Bought by
Hogan Anthony

Purchase Details

Listed on
Sep 9, 2015
Closed on
Mar 4, 2016
Sold by
S & S Real Estate Inc
Bought by
Reese Sandra
Seller's Agent
Shelia Reed
S & S Real Estate Inc
Buyer's Agent
Marvette Critney
Opulence Real Estate Group
List Price
$130,000
Sold Price
$112,500
Premium/Discount to List
-$17,500
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$110,461
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 21, 2015
Closed on
Jun 23, 2015
Sold by
Best Buy Homes Llc
Bought by
S & S Real Estate Inc
Seller's Agent
Sandra Cato
Ojo Homes LLC
Buyer's Agent
mike cherwenka
Virtual Properties Realty.com
List Price
$61,000
Sold Price
$56,684
Premium/Discount to List
-$4,316
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
170.05%
Original Mortgage
$83,900
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2015
Sold by
Nelson Rowan
Bought by
Hsbc Mtg Svcs Inc

Purchase Details

Closed on
Jan 7, 1997
Sold by
Metts James E
Bought by
G E Capital Mtg Servs Inc

Purchase Details

Closed on
Jun 30, 1994
Sold by
Patel Bharat R
Bought by
Metts James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
8.51%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Star Borrower Sfr4 Lp $2,817,500 --
Sfr Xii Atl Owner 1 Lp $190,000 --
Intergrity Financial Grp Llc $160,000 --
Hogan Anthony -- --
Reese Sandra $112,500 --
S & S Real Estate Inc $63,500 --
Best Buy Homes Llc $56,729 --
Hsbc Mtg Svcs Inc $135,546 --
G E Capital Mtg Servs Inc $71,900 --
Metts James E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reese Sandra $110,461
Previous Owner S & S Real Estate Inc $83,900
Previous Owner Gooden-Nelson Nadine S $107,736
Previous Owner Metts James E $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Rented $1,795 0.0% --
11/10/2022 11/10/22 For Rent $1,795 0.0% --
03/04/2016 03/04/16 Sold $112,500 0.0% $67 / Sq Ft
03/04/2016 03/04/16 Sold $112,500 0.0% $87 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/24/2016 02/24/16 Pending -- -- --
01/19/2016 01/19/16 Price Changed $112,500 0.0% $87 / Sq Ft
01/19/2016 01/19/16 Price Changed $112,500 -2.2% $67 / Sq Ft
11/25/2015 11/25/15 Price Changed $115,000 0.0% $89 / Sq Ft
11/25/2015 11/25/15 Price Changed $115,000 -4.2% $69 / Sq Ft
10/31/2015 10/31/15 Price Changed $120,000 0.0% $93 / Sq Ft
10/31/2015 10/31/15 Price Changed $120,000 -4.0% $72 / Sq Ft
10/09/2015 10/09/15 Price Changed $125,000 0.0% $97 / Sq Ft
10/09/2015 10/09/15 Price Changed $125,000 -3.8% $75 / Sq Ft
10/02/2015 10/02/15 For Sale $130,000 0.0% $78 / Sq Ft
09/09/2015 09/09/15 For Sale $130,000 +129.3% $101 / Sq Ft
06/25/2015 06/25/15 Sold $56,684 -2.3% $44 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
05/20/2015 05/20/15 Price Changed $58,000 -4.9% $45 / Sq Ft
04/21/2015 04/21/15 For Sale $61,000 -- $47 / Sq Ft

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 $5,038 $105,640 $14,000 $91,640
2022 $3,649 $76,000 $9,240 $66,760
2021 $2,960 $60,320 $4,960 $55,360
2020 $2,388 $47,280 $4,960 $42,320
2019 $2,297 $45,200 $4,960 $40,240
2018 $1,883 $43,240 $4,960 $38,280
2017 $2,096 $40,440 $4,960 $35,480
2016 $1,314 $22,652 $4,052 $18,600
2014 $1,177 $19,080 $4,960 $14,120
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Shelia Reed

    S & S Real Estate Inc

    (706) 627-4454

    1 in this area

    40 Total Sales

    Section Image
  • Shelia M. Reed

    Seller's Agent in 2016

    Shelia M. Reed

    S&S Real Estate, Inc.

    (706) 650-7032

    Section Image
  • Marvette Critney

    Buyer's Agent in 2016

    Marvette Critney

    Opulence Real Estate Group, LLC.

    (404) 396-4519

    1 in this area

    20 Total Sales

    Section Image
  • Sandra Cato

    Seller's Agent in 2015

    Sandra Cato

    Ojo Homes LLC

    Section Image

  • m

    Buyer's Agent in 2015

    mike cherwenka

    Virtual Properties Realty.com

    (770) 365-4997

    16 in this area

    93 Total Sales

    mike cherwenka
    Section Image
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Map

Georgia DeKalb County Stone Mountain 30083 Stone Mountain

1561 Elm Ridge Way, Stone Mountain, GA

This home is located at 1561 Elm Ridge Way, Stone Mountain, GA 30083 and is currently estimated at $253,647, approximately $78 per square foot. 1561 Elm Ridge Way is a home located in DeKalb County with nearby schools including Woodridge Elementary School, Miller Grove Middle School, and Miller Grove High School.

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