$163,571
SOLD MAY 29, 2026

2051 Kimber Trail Stone Mountain, GA 30088

Redan Area
3 Beds
2 Baths
1,075 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: May 29, 2026

$152 Per Sq Ft

13% Below List Price

36 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Garage
  • Brick Front

About This Home

As of May 2026

NO SELLER FINANCING!!! ***Exceptional Investment Opportunity - lease renewal on 02/01/2026, Monthly rent is at $1,600!!! Tenant has never late for the payment. The property offers an annual return of approximately 7.70%.*** - Brand New roof was replaced- A charming 3-bedroom, 2 bathroom and 1,075 sq. ft. single-family that offers the perfect blend of comfort and convenience. This income-producing property offers strong rental potential in a well-established residential community with consistent tenant demand. Conveniently located near major corridors like I-285 and US-78, the home provides easy access to Downtown Atlanta, Decatur, and surrounding employment hubs. The Stone Mountain area is known for its affordability and steady rent growth, making it attractive for long-term investors. With nearby shopping centers, schools, and parks—including Stone Mountain Park—this property combines everyday convenience with lifestyle appeal, positioning it as a solid turnkey asset for stable cash flow and future appreciation.

Last Agent to Sell the Property

Yibei Xu

Wepartner Realty, LLC. Brokerage Phone: 678-878-3885 License #363080 Listed on: 03/24/2026

Co-Listed By

Jane Zeng

Wepartner Realty, LLC. Brokerage Phone: 678-878-3885 License #443697

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1985

Parking

  • Garage

Home Design

  • Composition Roof
  • Brick Front

Interior Spaces

  • 3 Bedrooms
  • Aluminum Window Frames

Schools

  • Panola Way Elementary School
  • Miller Grove Middle School
  • Miller Grove High School

Additional Features

  • 6,534 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 16 038 07 162

Community Details

Overview

  • No Home Owners Association

Building Details

  • Operating Expense $4,640
  • Net Operating Income $14,738

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,700

Year Built

Built in 1985

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • Property Sub Type: Other
  • Property Condition: Resale
  • Year Built: 1985
  • Accessibility Features: None
  • LotSizeAcres: 0.15
  • Water Body Name: None
  • Co List Office Mls Id: WEPM01
  • Co List Office Phone: 678-878-3885
  • Co List Office Mls Id: WEPM01
  • Subdivision Name: N/A
  • Tax Parcel Letter: 16-038-07-162
  • FMLS_MlsPropertyType: Residential Income
  • FMLS_UnitCount: 1
  • Special Features: None

Interior Features

  • Window Features: Aluminum Frames
  • Total Bedrooms: 3

Exterior Features

  • Construction Materials: Brick Front
  • Fencing: None
  • View: Other
  • Pool Private: No
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: None
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Heating Yn: Yes
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Middle Or Junior School: Miller Grove

Green Features

  • Efficiency: None
  • Green Energy Generation: None

Lot Info

  • Lot Features: Other
  • Lot Dimensions: x
  • Parcel Number: 16 038 07 162
  • Property Attached Yn: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6534
  • Land Lease Expiration Date: 2026-09-30
  • Additional Parcels: No

Multi Family

  • Gross Income: 19200
  • Number Of Units Total: 1
  • Waterfront Features: None
  • Property Net Operating Income: 14738
  • Annual Operating Expense: 4640

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3700

MLS Schools

  • Elementary School: Panola Way
  • High School: Miller Grove

Matterport 3D Tour

Floorplan

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 2019
Sold by
Bought by

Purchase Details

Closed on
Feb 21, 2019
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $241,633 --
Warranty Deed -- --
Warranty Deed $88,000 --
Warranty Deed $75,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/29/2026 05/29/26 Sold $163,571 -13.5% $152 / Sq Ft
04/29/2026 04/29/26 Pending -- -- --
03/24/2026 03/24/26 For Sale $189,000 -- $176 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,700 $74,600 $8,952 $65,648
2024 $3,695 $74,600 $8,952 $65,648
2023 $3,695 $74,600 $8,800 $65,800
2022 $1,643 $30,000 $4,500 $25,500
2021 $1,643 $30,000 $4,500 $25,500
2020 $1,445 $30,000 $4,440 $25,560
2019 $1,880 $35,400 $6,000 $29,400
2018 $1,370 $28,520 $4,000 $24,520
2017 $1,408 $24,548 $3,682 $20,866
2016 $1,411 $24,548 $3,682 $20,866
2014 $1,174 $18,720 $4,000 $14,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7732808

First Multiple Listing Service (FMLS)

APN: 16-038-07-162

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