NOT LISTED FOR SALE

4656 Rockbridge Rd Stone Mountain, GA 30083

Estimated Value: $404,575

5.54 Acres
$73,028 Price per Acre
241,322 Sq Ft Lot

Last Sold May 24, 2024

Last sale price $440,000 $247 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,521/month

85 Days on Market

Highlights

  • Fishing
  • Community Lake
  • Partially Wooded Lot
  • 5.54 Acre Lot
  • Property is near public transit, schools, and shops
  • Ranch Style House

About This Lot

As of May 2024

Discover this rare opportunity in Pine Lake, GA! This quaint city is known for the charming lake homes and character felt through the tight knit community surrounding the lake just a stroll away. This 5.54 +/- acre property in DeKalb County presents an excellent chance for mixed-use development. Zoned Transitional/Commercial in Pine Lake, this expansive lot boasts approximately 415' frontage on Rockbridge and 543' frontage on Aberdeen. The property currently includes a house generating $870/month in rent. With 2 bathrooms and 1782 sq ft, this is a prime investment. Please respect the tenant's privacy. Don't miss out on this prime development opportunity.

Last Agent to Sell the Property

Meg Garrido

Compass License #367945 Listed on: 01/15/2024

Compass

Last Buyer's Agent

Huluka Abebe

Trend Atlanta Realty, Inc. License #312748

Trend Atlanta Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,483

Year Built

  • Built in 1955

Lot Details

  • 5.54 Acre Lot
  • Lot Dimensions are 454 x 549 x 419 x 566
  • Property fronts a county road
  • Corner Lot
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned OI

Home Design

  • Ranch Style House

Interior Spaces

  • Roommate Plan
  • Bonus Room
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Location

  • Property is near public transit, schools, and shops

Schools

  • Rockbridge - Dekalb Elementary School
  • Stone Mountain Middle School
  • Stone Mountain High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18 040 01 016

Community Details

Overview

  • Pine Lake Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Fishing
  • Park
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$9,483

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: Land Lot 40, 18th District, Dekalb County, GA
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Current Classification: Office/Industrial
  • Property Condition: Resale
  • Year Built: 1955
  • Levels Stories: One
  • Min House S Q F T: 1782.00
  • Special Features: None

Property Details

  • Property: Land

Interior Features

  • Additional Rooms: Basement, Bonus Room

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Roommate Floor Plan
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available, Sewer Available, Natural Gas Available

Condo/Co-op/Association

  • Community Features: Fishing, Lake, Public Transportation, Near Trails/Greenway, Park, Playground, Sidewalks, Street Lights, Near Schools, Near Shopping
  • Subdivision Complex: Pine Lake

Lot Info

  • Acres: 5.5400
  • Current Zoning: OI
  • Current Use: Industrial, Office
  • House On Property: Yes
  • Lot Features: Corner Lot, Level
  • Lot Dimensions: 454 X 549 X 419 X 566
  • Parcel Number: 18 040 01 016
  • Price Acre Dollar: 79422.38
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Tax Info

  • Taxes: 9483.00
  • Tax Year: 2022

MLS Schools

  • Elementary School: Rockbridge - Dekalb
  • High School: Stone Mountain
  • Middle School: Stone Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
May 30, 2024
Sold by
Bbt Investments Llc
Bought by
Abebe Eastside Ventures Llc
Seller's Agent
Meg Garrido
Compass
Buyer's Agent
Huluka Abebe
Trend Atlanta Realty, Inc.
List Price
$500,000
Sold Price
$440,000
Premium/Discount to List
-$60,000
-12%
Views
7
Current Estimated Value
$404,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,425
Avg. Annual Appreciation
-5.02%
Original Mortgage
$360,000
Outstanding Balance
$276,289
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$128,286

Purchase Details

Closed on
Apr 27, 2006
Sold by
Mohr Thomas
Bought by
Bbt Investments Llc

Purchase Details

Closed on
Apr 2, 2004
Sold by
Henson Jerry H
Bought by
Bartow W Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.35%
Mortgage Type
New Conventional
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
Abebe Eastside Ventures Llc $440,000 --
Bbt Investments Llc -- --
Bartow W Bruce $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abebe Eastside Ventures Llc $360,000
Previous Owner Bartow W Bruce $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $440,000 -7.4% $247 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/08/2024 03/08/24 Price Changed $475,000 -5.0% $267 / Sq Ft
01/15/2024 01/15/24 For Sale $500,000 -- $281 / 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 $29,357 $318,440 $299,240 $19,200
2024 $9,108 $167,080 $150,372 $16,708
2023 $9,108 $167,080 $150,372 $16,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7323911

First Multiple Listing Service (FMLS)

APN: 18-040-01-016