NOT LISTED FOR SALE

347 Chip Rd SW Stone Mountain, GA 30087

Estimated Value: $532,410 - $537,000

3 Beds
2.5 Baths
2,080 Sq Ft
$258/Sq Ft Est. Value

Last Sold June 29, 2016

Last sale price $65,000 $31 Per Sq Ft

Est. 724% increase in value since last sale

Current estimated payment $3,541/month

32 Days on Market

Highlights

  • Loft
  • Great Room
  • Level Lot
  • Camp Creek Elementary School Rated A

About This Home

As of June 2016

No Blind offers. Client will accept 65K with 3 days of due diligence. Award Winning Parkview School District! Handyman Special. Framed as a 3/2.5 + full basement. Proof of Funds must accompany all offers! Fast Closing! Property is sold as-is with no disclosures. Lowest priced home in Gwinnett!

Last Agent to Sell the Property

bikash Chhetri

Virtual Properties Realty.com License #352217 Listed on: 05/07/2016

Virtual Properties Realty.com

Last Buyer's Agent

Colleen Stellwagen

Southern Grandeur Real Estate Group, Inc. License #360111

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 0.48 Acre Lot
  • Level Lot

Home Design

  • Split Level Home
  • Fixer Upper
  • Frame Construction

Interior Spaces

  • 2,080 Sq Ft Home
  • Great Room
  • Loft
  • Bonus Room

Bedrooms and Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Schools

  • Arcado Elementary School
  • Trickum Middle School
  • Parkview High School

Utilities

  • Septic Tank

Community Details

  • North Cloud Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number R6116 248

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Fixer Upper
  • Year Built: 1989
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Basement: Daylight, Exterior Entry, Full, Unfinished
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Great Room - 1 Story, Loft
  • Square Footage: 2080.00

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Frame

Utilities

  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Home Warranty: Yes
  • Subdivision Complex: North Cloud

Lot Info

  • Acres: 0.4800
  • Lot Features: Level
  • Parcel Number: R6116 248
  • Property Attached Yn: No

Tax Info

  • Taxes: 2273.00
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Arcado
  • High School: Parkview
  • Middle School: Trickum

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2025
Sold by
Smith William Austin
Bought by
Loyal Ebony and Loyal Malachi
Current Estimated Value
$535,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$431,627
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$103,976

Purchase Details

Closed on
Apr 13, 2020
Sold by
Drawdy Claudie
Bought by
Smith William Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2018
Sold by
Updated Properties Llc
Bought by
Drawdy Claudie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2016
Sold by
Eam P
Bought by
Updated Properties Llc

Purchase Details

Listed on
May 7, 2016
Closed on
Jun 29, 2016
Sold by
Magar Ugen
Bought by
Chen Eam P and Tan Hor Siv
Seller's Agent
bikash Chhetri
Virtual Properties Realty.com
Buyer's Agent
Colleen Stellwagen
Southern Grandeur Real Estate Group, Inc.
List Price
$78,750
Sold Price
$65,000
Premium/Discount to List
-$13,750
-17.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.06%

Purchase Details

Closed on
Apr 15, 2016
Sold by
Kc Properties Grp Llc
Bought by
Magar Ugen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500
Interest Rate
3.65%

Purchase Details

Closed on
Mar 16, 2016
Sold by
Foster Joseph P
Bought by
Kc Properties Grp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500
Interest Rate
3.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Loyal Ebony $540,000 --
Smith William Austin $350,000 --
Drawdy Claudie C $310,000 --
Updated Properties Llc $75,000 --
Chen Eam P $65,000 --
Magar Ugen $75,000 --
Kc Properties Grp Llc $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loyal Ebony $432,000
Previous Owner Smith William Austin $315,000
Previous Owner Drawdy Claudie C $110,000
Previous Owner Kc Properties Grp Llc $4,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2016 06/29/16 Sold $65,000 0.0% $31 / Sq Ft
06/12/2016 06/12/16 Pending -- -- --
06/08/2016 06/08/16 Price Changed $65,000 -17.5% $31 / Sq Ft
05/11/2016 05/11/16 For Sale $78,750 -- $38 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2025 $8,650 $234,680 $22,200 $212,480
2024 $8,778 $235,640 $22,200 $213,440
2023 $8,778 $219,760 $24,000 $195,760
2022 $7,009 $187,480 $24,000 $163,480
2021 $5,384 $139,440 $17,200 $122,240
2020 $4,937 $139,440 $17,200 $122,240
2019 $4,440 $124,000 $14,000 $110,000
2018 $4,613 $122,000 $14,000 $108,000
2016 $2,833 $70,760 $14,000 $56,760
2015 $2,628 $64,160 $14,000 $50,160
2014 $2,273 $53,840 $14,000 $39,840
Source: Public Records

Agents Affiliated with this Home

  • bikash Chhetri

    Seller's Agent in 2016

    bikash Chhetri

    Virtual Properties Realty.com

    (404) 910-8431

    23 in this area

    239 Total Sales

    bikash Chhetri
    Section Image
  • Colleen Stellwagen

    Buyer's Agent in 2016

    Colleen Stellwagen

    Southern Grandeur Real Estate Group, Inc.

    (404) 754-3188

    1 in this area

    105 Total Sales

    Colleen Stellwagen
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5689482

First Multiple Listing Service (FMLS)

APN: 6-116-248

Georgia Gwinnett County Stone Mountain 30087

347 Chip Rd SW, Stone Mountain, GA

Not Listed for Sale

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