NOT LISTED FOR SALE

490 Breakwater Terrace Unit 1 Stone Mountain, GA 30087

Lithonia Neighborhood

Estimated Value: $315,000 - $420,000

4 Beds
2.5 Baths
2,509 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 08, 2016

Last sale price $123,000 $49 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $2,273/month

185 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Clubhouse
  • Traditional Architecture
  • Community Lake
  • Deck
  • Community Pool

About This Home

As of March 2016

APPROVED SHORT SALE. BACK ON MARKET ****SERIOUS BUYERS ONLY PLEASE****Traditional 2 Story Home. Sold As Is and Where IS.... Need some Update Work. Deck is weak CAUTION! Must Submit POF or Pre-qual Letter with offer. Seller's Attorney closes transaction: Weissman, Nowack, Curry & Wilco. ***VACANT****SUPRA**** All terms are subject to Mortgage Lender Approval.

Last Agent to Sell the Property

Tamaria Barnes

Coldwell Banker Realty License #270518 Listed on: 02/23/2015

Coldwell Banker Realty

Last Buyer's Agent

Rae Robinson

HomeSmart License #319154

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 26x72x127x105x124
  • Level Lot

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Carpet
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on lower level
  • Laundry in Kitchen

Outdoor Features

  • Deck

Schools

  • Rock Chapel Elementary School
  • Stephenson Middle School
  • Stephenson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 37 / B
  • Assessor Parcel Number 18 030 05 056

Community Details

Overview

  • $250 Initiation Fee
  • Property Management Servic Association, Phone Number (770) 667-0595
  • Secondary HOA Phone (770) 413-4188
  • Waters Edge Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,360

Year Built

Built in 1987

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Assessment Fee Contemplated: Yes
  • Year Built: 1987
  • Levels Stories: Two
  • Special Features: 12
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater
  • Interior Amenities: High Ceilings 9 ft Lower, Walk-In Closet(s)
  • Basement: Crawl Space
  • Kitchen Features: Eat-in Kitchen, Kitchen Island, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Sitting Room
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Lower Level, In Kitchen
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Lake, Pool, Tennis Court(s)
  • Association Fee: 851
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-667-0595
  • Management Phone: 770-413-4188
  • Subdivision Complex: Waters Edge

Association/Amenities

  • Management Company: Property Management Servic

Schools

  • Elementary School: Rock Chapel
  • Middle School: Stephenson
  • High School: Stephenson

Lot Info

  • Lot: 37
  • Land/Lot: 30
  • Plat Book: 85
  • Plat Page: 133
  • Lot Features: Level
  • Lot Dimensions: 26x72x127x105x124
  • Parcel Number: 18 030 05 056
  • Property Attached Yn: No

Rental Info

  • Initiation Fee: 250

Tax Info

  • Taxes: 1360.00
  • Assessor Parcel Number: 18-030-05-056
  • Close Date: 2016-03-08
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Rock Chapel
  • High School: Stephenson
  • Middle School: Stephenson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2015
Closed on
Mar 8, 2016
Sold by
Harmon Tammy
Bought by
Bailey Jannett
Seller's Agent
Tamaria Barnes
Coldwell Banker Realty
Buyer's Agent
Rae Robinson
HomeSmart
List Price
$124,500
Sold Price
$123,000
Premium/Discount to List
-$1,500
-1.2%
Current Estimated Value
$374,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,087
Avg. Annual Appreciation
12.89%

Purchase Details

Closed on
Jun 22, 2005
Sold by
Prudential Relocation Inc
Bought by
Harmon Tammyh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2003
Sold by
Chase Mtg Co
Bought by
Butts Jimmy and Butts Marsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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
Bailey Jannett $123,000 --
Harmon Tammyh $200,000 --
Prudential Relocadtion Inc $195,300 --
Butts Jimmy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harmon Tammy $255,000
Previous Owner Prudential Relocadtion Inc $40,000
Previous Owner Prudential Relocadtion Inc $160,000
Previous Owner Butts Jimmy $35,000
Previous Owner Butts Jimmy $228,000
Previous Owner Butts Jimmy $90,000
Previous Owner Butts Jimmy $42,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2016 03/08/16 Sold $123,000 -1.2% $49 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
01/06/2016 01/06/16 Price Changed $124,500 0.0% $50 / Sq Ft
01/06/2016 01/06/16 For Sale $124,500 +3.8% $50 / Sq Ft
11/03/2015 11/03/15 Pending -- -- --
10/29/2015 10/29/15 Price Changed $119,900 -9.8% $48 / Sq Ft
10/14/2015 10/14/15 For Sale $133,000 0.0% $53 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $133,000 0.0% $53 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $133,000 -- $53 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
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
2023 $1,629 $138,360 $18,000 $120,360
2022 $5,497 $117,120 $15,280 $101,840
2021 $3,915 $81,080 $15,280 $65,800
2020 $3,599 $73,880 $15,280 $58,600
2019 $3,249 $65,920 $15,280 $50,640
2018 $2,108 $65,920 $15,280 $50,640
2017 $1,695 $49,200 $15,280 $33,920
2016 $2,612 $51,040 $15,280 $35,760
2014 $1,360 $40,760 $15,280 $25,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5500643

First Multiple Listing Service (FMLS)

APN: 18-030-05-056