$56,684
SOLD JUN 25, 2015

1561 Elm Ridge Way Stone Mountain, GA 30083

4 Beds
3 Baths
1,286 Sq Ft
0.4 Acres

Recently Sold

$44 Per Sq Ft

7% Below List Price

37 Days on Market

About This Home

As of March 2016

Great opportunity to own this charming raised ranch home with brick front detail! This home features wood cabinets in the kitchen, nice floor plan with partial basement and drive under garage and convenient location near schools, highway access and amenities. Needs some TLC! Priced right to sell quick! Make an offer today.REO FORECLOSURE PROPERTY. SOLD AS IS WITH NO REPAIR, WARRANTY OR SELLER DISCLOSURE VIA TIME LIMIT BIDDING.

Last Agent to Sell the Property

Sandra Cato

Ojo Homes LLC License #328841 Listed on: 04/21/2015

Last Buyer's Agent

mike cherwenka

Virtual Properties Realty.com License #294544

Virtual Properties Realty.com

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,038

Year Built

  • 1975

Interior Spaces

  • 1,286 Sq Ft Home
  • Family Room
  • Dining Room
  • Partial Basement

Schools

  • Woodridge / Dekalb / Dekalb County Elementary School
  • Miller Grove / Dekalb / Dekalb County Middle School
  • Redan / Dekalb / Dekalb County High School

Property Details

Home Type

Other

Est. Annual Taxes

$5,038

Year Built

1975

Lot Details

0

Listing Details

  • Special Features: 20
  • Year Built: 1975

Interior Features

  • Basement: Partial
  • Interior Amenities: Hardwood Floors, Wall-to-wall Carpet
  • Above Grade Finished Sq Ft: 1286

Exterior Features

  • Construction: Brick/Frame
  • Exterior Features: Deck/Patio

Utilities

  • Cooling: Central
  • Heating: Heat Pump
  • Water/Sewer: Public Water, Sewer Connected

Schools

  • Elementary School: Woodridge / Dekalb / Dekalb County, GA
  • Elementary Bus Line: Yes
  • High School: Redan / Dekalb / Dekalb County, GA
  • High School Bus: Yes
  • Middle School: Miller Grove / Dekalb / Dekalb County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Size: 1/3 - 1/2 Acre

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
$245,399

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
8.47%
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:

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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 Type Sale Price Title Company
Warranty Deed $2,817,500 --
Limited Warranty Deed $190,000 --
Warranty Deed $160,000 --
Warranty Deed -- --
Warranty Deed $112,500 --
Limited Warranty Deed $63,500 --
Warranty Deed $56,729 --
Foreclosure Deed $135,546 --
Deed $71,900 --
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $110,461 FHA
Previous Owner $83,900 New Conventional
Previous Owner $71,250 No Value Available
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
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
2024 $5,038 $105,640 $14,000 $91,640
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

    Section Image

  • S

    Seller's Agent in 2016

    Shelia M. Reed

    S&S Real Estate, Inc.

    Section Image

  • M

    Buyer's Agent in 2016

    Marvette Critney

    Opulence Real Estate Group, LLC.

    Section Image

  • S

    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

Source: Georgia MLS

MLS Number: 07439615

Georgia MLS

APN: 15-192-01-073

Georgia DeKalb County Stone Mountain 30083

1561 Elm Ridge Way, Stone Mountain, GA

This home is located at 1561 Elm Ridge Way, Stone Mountain, GA 30083 and is currently priced at $56,684, approximately $44 per square foot. This property was built in 1975. 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.

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.

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