NOT LISTED FOR SALE

281 Valley Lake Dr Stone Mountain, GA 30087

Estimated Value: $188,000 - $223,000

2 Beds
1 Bath
-- Sq Ft
0.9 Acres

Last Sold November 13, 2017

Last sale price $83,000

Est. 158% increase in value since last sale

Current estimated payment $1,452/month

Highlights

  • 0.9 Acre Lot
  • Home Office
  • Cooling System Powered By Gas
  • Wood Flooring
  • Breakfast Area or Nook
  • Laundry Room

About This Home

As of September 2021

This home is so cute and sits on almost 1 acre of land. Lots of cabinet space in the kitchen with stainless steel appliances, hardwood and ceramic tile floors. Very convenient to Stone Mountain Park. Stone Mountain Village shopping, and dining. Wonderful tight knit community and private neighborhood. Don't miss this incredible opportunity to live very close to Stone Mountain Park!On SUPRA lockbox. Must use Blue Peach Realty paperwork. Screening process includes application, credit check, background check, employment & landlord verification. NO PETS. Renter's insurance required. Tenant pays all utilities. Leasing Broker Co-Op is 30% of 1st month's rent. Please use Showingtime!

Last Agent to Rent the Property

Erin Royster

CORE Realty and Associates License #388741 Listed on: 07/04/2021

Last Renter's Agent

Erin Royster

CORE Realty and Associates License #388741 Listed on: 07/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,746

Year Built

  • Built in 1935

Lot Details

  • 0.9 Acre Lot
  • Sloped Lot

Parking

  • 2 Parking Spaces

Home Design

  • Bungalow
  • Metal Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Home Office
  • Library
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Pine Ridge Elementary School
  • Stephenson Middle School
  • Stephenson High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,746

Year Built

Built in 1935

Lot Details

0

Rental Info

  • Lease Termsin Months: 12

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1935
  • ArchitecturalStyle: Bungalow/Cottage
  • Financing Type: LEASE
  • Levels: One
  • Lot Size Acres: .90
  • Property Sub-Type: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Bedrooms: 2
  • Basement: Crawl Space
  • Interior Amenities: Other, Master On Main Level
  • Full Bathrooms: 1
  • Flooring: Hardwood, Tile
  • Kitchen Features: Breakfast Area
  • Furnished: Unfurnished

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Lot Features: Sloped
  • Roof: Metal

Garage/Parking

  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Gas, Central Air
  • Heating: Electric, Natural Gas, Forced Air
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • PetsAllowed: No

Fee Information

  • Fee Paid: No

Schools

  • Elementary School: Pine Ridge
  • High School: Stephenson
  • Middle School: Stephenson
  • Elementary School: Pine Ridge
  • Middle School: Stephenson
  • High School: Stephenson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Nov 13, 2017
Sold by
Khan Mohammad Iran
Bought by
Kornegay Naquan
Seller's Agent
Imran Khan
Virtual Properties Realty.com
Buyer's Agent
Elisa Jarmon
NOT A VALID MEMBER
List Price
$89,900
Sold Price
$83,000
Premium/Discount to List
-$6,900
-7.68%
Current Estimated Value
$214,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,241
Avg. Annual Appreciation
12.77%
Original Mortgage
$74,700
Outstanding Balance
$62,694
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$151,547

Purchase Details

Listed on
Aug 7, 2017
Closed on
Aug 30, 2017
Bought by
Caddell Khan Mohammad Imran and Caddell Lipscomb Charla
Seller's Agent
Josh Reaves
NOT A VALID MEMBER
Buyer's Agent
Imran Khan
Virtual Properties Realty.com
List Price
$49,700
Sold Price
$48,050
Premium/Discount to List
-$1,650
-3.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1250.22%

Purchase Details

Listed on
Feb 9, 2015
Closed on
Aug 23, 2016
Sold by
Tommy W
Bought by
Touchdown Properties Llc
Seller's Agent
Darlene Phillips
Darlene Phillips Real Estate
Buyer's Agent
Darlene Phillips
Darlene Phillips Real Estate
List Price
$34,000
Sold Price
$27,500
Premium/Discount to List
-$6,500
-19.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.83%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Cowart John W
Bought by
Cowart Tommy W and Cowart Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,100
Interest Rate
8.17%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Kornegay Naquan $83,000 --
Caddell Khan Mohammad Imran $48,050 --
Touchdown Properties Llc $27,500 --
Cowart Tommy W $154,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kornegay Naquan $74,700
Previous Owner Cowart Tommy W $100,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2021 09/11/21 Rented $1,150 0.0% --
07/04/2021 07/04/21 For Rent $1,150 +12.2% --
03/04/2020 03/04/20 Rented $1,025 -6.8% --
10/10/2019 10/10/19 For Rent $1,100 0.0% --
11/13/2017 11/13/17 Sold $83,000 -2.2% $72 / Sq Ft View Prior Sale
10/13/2017 10/13/17 Pending -- -- --
10/09/2017 10/09/17 Price Changed $84,900 -5.6% $73 / Sq Ft
09/29/2017 09/29/17 For Sale $89,900 +87.1% $78 / Sq Ft
08/30/2017 08/30/17 Sold $48,050 -3.3% -- View Prior Sale
08/14/2017 08/14/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $49,700 +80.7% --
08/23/2016 08/23/16 Sold $27,500 -19.1% $24 / Sq Ft View Prior Sale
06/22/2016 06/22/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $34,000 0.0% $29 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $34,000 +23.6% $29 / Sq Ft
06/08/2016 06/08/16 Off Market $27,500 -- --
06/03/2016 06/03/16 For Sale $34,000 0.0% $29 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
12/08/2015 12/08/15 Price Changed $34,000 -24.4% $29 / Sq Ft
05/29/2015 05/29/15 For Sale $45,000 -- $39 / 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 $3,746 $78,520 $18,560 $59,960
2023 $3,746 $74,760 $18,560 $56,200
2022 $2,993 $62,160 $17,240 $44,920
2021 $2,347 $47,440 $9,200 $38,240
2020 $2,082 $41,400 $9,200 $32,200
2019 $1,647 $31,480 $4,920 $26,560
2018 $900 $29,920 $4,920 $25,000
2017 $750 $11,000 $4,920 $6,080
2016 $217 $4,920 $4,920 $0
2014 $223 $4,920 $4,920 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2021

    Erin Royster

    CORE Realty and Associates

    (678) 871-7717

    2 Total Sales

    Erin Royster
    Section Image

  • M

    Seller's Agent in 2020

    Marta Brown

    Blue Peach Realty, LLC.

    Section Image
  • Imran Khan

    Seller's Agent in 2017

    Imran Khan

    Virtual Properties Realty.com

    (770) 328-6799

    17 Total Sales

    Imran Khan
    Section Image

  • J

    Seller's Agent in 2017

    Josh Reaves

    NOT A VALID MEMBER

    Section Image

  • E

    Buyer's Agent in 2017

    Elisa Jarmon

    NOT A VALID MEMBER

    Section Image
  • Darlene Phillips

    Seller's Agent in 2016

    Darlene Phillips

    Darlene Phillips Real Estate

    (770) 972-1500

    33 Total Sales

    Darlene Phillips
    Section Image
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Map

Source: Georgia MLS

MLS Number: 9008763

Georgia MLS

APN: 18-035-04-006

Georgia DeKalb County Stone Mountain 30087

281 Valley Lake Dr, Stone Mountain, GA

This home is located at 281 Valley Lake Dr, Stone Mountain, GA 30087 since 04 July 2021 and is currently priced at $214,241. This property was built in 1935. 281 Valley Lake Dr is a home located in DeKalb County with nearby schools including Pine Ridge Elementary School, Stephenson Middle School, and Stephenson High School.

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