NOT LISTED FOR SALE

4087 Creek Ct Stone Mountain, GA 30083

Estimated Value: $284,346 - $334,000

10 Beds
3 Baths
2,883 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $325,000 $113 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,056/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Four Sided Brick Exterior Elevation
  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of October 2024

Rare, 12% CAP Occupied PadSplit grossing over $6,200+ per month gross income per month (AFTER vacancies). 0.3mi to public transit, and around the corner I-85/I-285 interchange and the airport for superb connectivity and access to job centers. Mind boggling cash flow will give you a cash-on-cash return of 25%+! Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.

Last Agent to Sell the Property

Josh Stanton

Keller Williams Realty License #379772 Listed on: 06/19/2024

Keller Williams Realty

Last Buyer's Agent

Michael Dumler

Cornerstone Real Estate Partners License #407293

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,232

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • Wood Fence
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,883 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Natural lighting in basement
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Schools

  • Rowland Elementary School
  • Mary Mcleod Bethune Middle School
  • Towers High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 5 / B

Community Details

Overview

  • No Home Owners Association
  • Hiawatha Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,232

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • ArchitecturalStyle: Brick 4 Side, Traditional
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .30
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2883
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Microwave, Refrigerator
  • Bedrooms: 10
  • Basement: Daylight, Finished
  • Total Finished Sq Ft: 2883
  • Above Grade Finished Sq Ft: 2883
  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Flooring: Laminate, Tile

Beds/Baths

  • Main Level Full Bathrooms: 3
  • Bedroom Lower Level: 4
  • Bedroom Main Level: 6

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick, Wood Siding
  • Fencing: Wood
  • Foundation Details: Slab
  • Lot Features: Level
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rowland
  • High School: Towers
  • High School Bus: No
  • Middle School: Mary Mcleod Bethune
  • Middle School Bus: No

Lot Info

  • Land Lot: 222
  • Lot: 5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5232

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Williams Lisa R
Bought by
Psatl99 4087 Creek Ct Llc
Current Estimated Value
$310,087

Purchase Details

Closed on
Mar 16, 2005
Sold by
Va
Bought by
Williams Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,950
Interest Rate
5.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 5, 2004
Sold by
Mortgage Electronic Registrati
Bought by
Va

Purchase Details

Closed on
Sep 30, 1997
Sold by
Griffin - Executrix Denise R
Bought by
Passmore Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
7.6%
Mortgage Type
VA
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
Psatl99 4087 Creek Ct Llc $220,000 --
Williams Lisa R -- --
Va -- --
Mortgage Electronic Registrati $105,983 --
Passmore Linda L $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Lisa R $10,950
Previous Owner Passmore Linda L $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $325,000 +6.9% $113 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $304,000 -- $105 / 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
2025 $5,186 $108,080 $10,000 $98,080
2024 $5,501 $115,320 $10,000 $105,320
2023 $5,501 $110,320 $10,000 $100,320
2022 $4,215 $88,000 $9,800 $78,200
2021 $3,327 $67,760 $4,920 $62,840
2020 $2,860 $57,120 $4,920 $52,200
2019 $2,419 $47,080 $4,920 $42,160
2018 $2,233 $50,440 $4,920 $45,520
2017 $2,462 $47,840 $4,920 $42,920
2016 $2,244 $42,800 $4,920 $37,880
2014 $1,020 $30,840 $4,920 $25,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10321996

Georgia MLS

APN: 15-222-07-005