NOT LISTED FOR SALE

488 Sheppard Rd Stone Mountain, GA 30083

Estimated Value: $230,000 - $289,000

3 Beds
2.5 Baths
1,620 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 28, 2022

Last sale price $190,000 $117 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,781/month

Highlights

  • Lake Front
  • Cape Cod Architecture
  • Wood Flooring
  • Sitting Area In Primary Bedroom
  • Wooded Lot
  • Private Yard

About This Home

As of August 2022

Investor Special!! This home has so much potential and a fantastic floorplan. The oversized owner's suite on the main with a sitting area will amaze you for a house this age. Large kitchen, separate dining room and separate breakfast area.They have converted the garage into another massive living area! Upstairs you will find two large bedrooms and a bathroom for complete privacy from the kids. The backyard has a beautiful view of the Sheppard Road lake....the potential here is amazing. House will not be approved for a FHA or VA loan as it is missing the deck on the back of the house. Please use extreme caution when opening the back door!

Last Agent to Sell the Property

Michelle Straka

Crye-Leike, Realtors License #374609 Listed on: 06/23/2022

Crye-Leike, Realtors

Last Buyer's Agent

Michelle Straka

Crye-Leike, Realtors License #374609 Listed on: 06/23/2022

Crye-Leike, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1984

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 188 x 100
  • Lake Front
  • Private Entrance
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Back Yard

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 1.5-Story Property
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Lake Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Phone Available
  • Cable TV Available

Community Details

  • Owens Mill Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 18 039 03 098

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,021

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: All the land lying between Land Lot 39 of the 18th district, Dekalb County, Georgia, and being lot 5, Owens Mill Subdivision, Unit 1 as per plat recorded in plat book 75, page 166, Dekalb County, Georgia
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Property Condition: Fixer Upper
  • Year Built: 1984
  • Levels Stories: One and One Half
  • Above Grade Finished Sq Ft: 1620.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Interior Amenities: Entrance Foyer
  • Basement: Crawl Space
  • Kitchen Features: Breakfast Room, Cabinets Other, Laminate Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1620.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Oversized Master, Sitting Room
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Wood Siding
  • Roof Type: Composition
  • Patio And Porch Features: Covered
  • Exterior Features: Private Front Entry, Private Yard
  • View: Lake
  • Foundation: Pillar/Post/Pier

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • Subdivision Complex: Owens Mill

Schools

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

Lot Info

  • Acres: 0.4000
  • Lot: 5
  • Land/Lot: 39
  • Plat Book: 75
  • Plat Page: 166
  • Lot Features: Back Yard, Level, Wooded
  • Lot Dimensions: 188 x 100
  • Parcel Number: 18 039 03 098
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2021.00
  • Assessor Parcel Number: 18-039-03-098
  • Close Date: 2022-08-28
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Rockbridge - Dekalb
  • High School: Stone Mountain
  • Middle School: Stone Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 26, 2022
Sold by
Pad Geeks Llc
Bought by
Resicap Georgia Owner Iii Llc
Seller's Agent
Michelle Straka
Crye-Leike, Realtors
Buyer's Agent
Michelle Straka
Crye-Leike, Realtors
List Price
$217,000
Sold Price
$190,000
Premium/Discount to List
-$27,000
-12.44%
Current Estimated Value
$261,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,185
Avg. Annual Appreciation
10.81%
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
Resicap Georgia Owner Iii Llc $210,000 --
Pad Geeks Llc $190,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2022 08/28/22 Sold $190,000 -12.4% $117 / Sq Ft
07/13/2022 07/13/22 For Sale $217,000 +14.2% $134 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/06/2022 07/06/22 Pending -- -- --
07/06/2022 07/06/22 Off Market $190,000 -- --
06/16/2022 06/16/22 For Sale $217,000 -- $134 / 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
2024 $4,766 $99,400 $30,000 $69,400
2023 $4,766 $76,000 $22,840 $53,160
2022 $2,399 $82,200 $16,160 $66,040
2021 $2,021 $65,840 $16,160 $49,680
2020 $1,720 $52,600 $12,160 $40,440
2019 $1,631 $50,160 $12,160 $38,000
2018 $1,232 $45,600 $3,400 $42,200
2017 $1,646 $44,520 $3,400 $41,120
2016 $1,119 $34,920 $3,400 $31,520
2014 $1,056 $33,080 $3,360 $29,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7032279

First Multiple Listing Service (FMLS)

APN: 18-039-03-098