NOT LISTED FOR SALE

408 Water Fall Ln Stone Mountain, GA 30087

Lithonia Neighborhood

Estimated Value: $444,000 - $620,000

6 Beds
4 Baths
4,057 Sq Ft
$127/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $295,000 $73 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,174/month

6 Days on Market

Highlights

  • Community Lake
  • Shared Dock
  • Community Pool
  • Clubhouse
  • Great Room
  • Tennis Courts

About This Home

As of February 2016

Custom built lakeside living with over-sized boat dock, 3-sided hard coat stucco, hardwoods on main, gas fireplace in master; deck overlooks lake. 2 story foyer, island in kitchen, granite counters, black tile backsplash, floor to ceiling windows, designer paint, all appliances stay. Stained glass windows and whirlpool tub in master bath. Built in shelves, trey ceilings, and recessed lighting. Mature trees and foliage border a sprawling lakeside lawn that cascades down to the water. New windows. New roof. Waters Edge offers a private refuge reminiscent of a bygone era.

Last Agent to Sell the Property

Brenda Conley

Keller Williams Realty Atl. Partners License #261069 Listed on: 01/14/2016

Keller Williams Realty Atl. Partners

Last Buyer's Agent

LISA GARMON

Keller Williams Realty License #201657

Keller Williams Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,191

Year Built

  • 1997

Lot Details

  • 0.4

Interior Spaces

  • Great Room
  • Family Room
  • Living Room
  • Dining Room

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Outdoor Features

  • Shared Dock

Utilities

  • Programmable Thermostat
  • Sewer in Street

Listing and Financial Details

  • Legal Lot and Block 81 / 02

Community Details

Recreation

  • Tennis Courts
  • Exercise Course
  • Community Pool
  • Park

Additional Features

  • Community Lake
  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$5,191

Year Built

1997

Lot Details

0

Listing Details

  • District: 18
  • Special Features: None
  • Year Built: 1997

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2, In Great/Family Room, In Master Bedroom
  • Lower Level Bedroom: 1
  • Main Floor Bedrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement: Bath Finished, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Kitchen Equipment: Dishwasher, Built-In Microwave, Refrigerator
  • Interior Amenities: Cable TV Connections, Ceilings 9 Ft Plus, Double Vanity, 2 Story Foyer, Entrance Foyer, Hardwood Floors, Pulldown Attic Stairs, Separate Shower, Walk-in Closet, Whirlpool Bath
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 4057
  • Kitchen / Breakfast: Breakfast Area, Island, Pantry, Walk-in Pantry

Exterior Features

  • Roof: Composition
  • Exterior Features: Balcony, Deck/Patio
  • Boathouse/Dock: Dock Rights, Shared Dock
  • Construction: Stucco Real

Garage/Parking

  • Parking: 2 Car, Auto Garage Door, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Central, Zoned/Dual
  • Energy Features: Programmable Thermostat
  • Water/Sewer: Public Water, Sewer In Street

Association/Amenities

  • Amenities: Clubhouse, Lake, Park, Physical Fit Facilities, Pool, Tennis Courts

Condo/Co-op/Association

  • Fees Include: Grounds Maintenance, Management Fee, Swimming, Tennis

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Princeton / Dekalb / Dekalb County, GA
  • Middle School: Stephenson / Dekalb / Dekalb County, GA
  • High School: Stephenson / Dekalb / Dekalb County, GA

Lot Info

  • Lot Description: Level Lot
  • Lot Size: 1/3 - 1/2 Acre
  • Land Lot: 30
  • Lot: 81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Feb 19, 2016
Sold by
Williams Vera
Bought by
Hairston Yuri
Seller's Agent
Brenda Conley
Keller Williams Realty Atl. Partners
Buyer's Agent
LISA GARMON
Keller Williams Realty
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Current Estimated Value
$516,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,951
Avg. Annual Appreciation
5.80%
Original Mortgage
$289,656
Interest Rate
3.81%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2010
Sold by
Paul Rawle and Paul Daphne N
Bought by
Williams Anthony and Williams Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2006
Sold by
Blankenship John L and Blankenship Sharon C
Bought by
Paul Rawle and Paul Daphne N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,400
Interest Rate
7.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2004
Sold by
Matthews Garfield A
Bought by
Blankenship John L and Blankenship Sharon

Purchase Details

Closed on
Sep 15, 1997
Sold by
Moore-Perry Homes Inc
Bought by
Matthews Garfield A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,350
Interest Rate
7.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Hairston Yuri $295,000 --
Williams Anthony $200,000 --
Paul Rawle $396,000 --
Blankenship John L $369,000 --
Matthews Garfield A $289,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hairston Yuri $289,656
Previous Owner Williams Anthony $160,000
Previous Owner Paul Rawle $356,400
Previous Owner Matthews Garfield A $275,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $295,000 -1.6% $73 / Sq Ft
01/21/2016 01/21/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $299,900 -- $74 / 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 $5,191 $183,400 $23,842 $159,558
2023 $5,191 $183,400 $23,842 $159,558
2022 $4,902 $172,400 $24,520 $147,880
2021 $4,181 $141,160 $24,520 $116,640
2020 $3,773 $123,240 $24,520 $98,720
2019 $3,926 $131,280 $24,520 $106,760
2018 $3,587 $117,560 $24,520 $93,040
2017 $3,626 $113,480 $24,520 $88,960
2016 $4,106 $84,840 $24,520 $60,320
2014 $3,622 $72,080 $22,280 $49,800
Source: Public Records

Agents Affiliated with this Home

  • Brenda Conley

    Seller's Agent in 2016

    Brenda Conley

    Keller Williams Realty Atl. Partners

    (678) 871-7714

    19 in this area

    206 Total Sales

    Brenda Conley
    Section Image

  • L

    Buyer's Agent in 2016

    LISA GARMON

    Keller Williams Realty

    (770) 309-4817

    19 Total Sales

    LISA GARMON
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07573955

Georgia MLS

APN: 18-030-02-081

Georgia DeKalb County Stone Mountain 30087 Lithonia

408 Water Fall Ln, Stone Mountain, GA

This home is located at 408 Water Fall Ln, Stone Mountain, GA 30087 since 14 January 2016 and is currently estimated at $516,951, approximately $127 per square foot. This property was built in 1997. 408 Water Fall Ln is a home located in DeKalb County with nearby schools including Princeton Elementary School, Stephenson Middle School, and Stephenson High School.

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