NOT LISTED FOR SALE

490 Breakwater Terrace Unit 37 Stone Mountain, GA 30087

Lithonia Neighborhood

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

4 Beds
3 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 $2,208/month

320 Days on Market

Highlights

  • Lake On Lot
  • Community Pool
  • Dining Room
  • Clubhouse
  • Tennis Courts
  • Family Room

About This Home

As of March 2016

APPROVED SHORT SALE. ***SERIOUS BUYERS PLEASE***Traditional 2 Story Home. Potential Short Sale. Sold As Is. Need some TLC. DECK boards weak. 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: 02/24/2015

Coldwell Banker Realty

Last Buyer's Agent

Rae Robinson

HomeSmart License #319154

HomeSmart

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,629

Year Built

  • 1987

Lot Details

  • 0.3

Home Design

  • Slab Foundation

Interior Spaces

  • 2,509 Sq Ft Home
  • Family Room
  • Dining Room
  • Fire and Smoke Detector

Additional Features

  • Lake On Lot
  • Underground Utilities

Listing and Financial Details

  • Legal Lot and Block 37 / B

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Property has a Home Owners Association
  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$1,629

Year Built

1987

Lot Details

0

Listing Details

  • District: 18TH
  • Property Setting: Lake
  • Special Features: 12
  • Year Built: 1987

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Gas Starter
  • Main Level Half Bathrooms: 1
  • Basement: Slab/None
  • Equipment: Smoke/Fire Alarm
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Wall Oven
  • Interior Amenities: Cable TV Connections, Entrance Foyer, Wall-to-wall Carpet
  • Laundry Location: Kitchen Area
  • Laundry Type: Closet
  • Kitchen / Breakfast: Breakfast Area, Walk-in Pantry
  • Above Grade Finished Sq Ft: 2509

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio
  • Construction: Brick/Frame
  • Waterfront Type: Water View

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Water/Sewer: Public Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 936
  • HOA Fee Frequency: Annual
  • Fees Include: Grounds Maintenance

Association/Amenities

  • Amenities: Clubhouse, Neighborhood Association, Playground, Pool, Tennis Courts, Underground Utilities

Fee Information

  • Initiation Fee: 250.0

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Rock Chapel / 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: 37
  • Unit/Lot Number: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 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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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
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 0.0% $53 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
06/03/2015 06/03/15 Price Changed $133,000 0.0% $53 / Sq Ft
06/03/2015 06/03/15 For Sale $133,000 +2.4% $53 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $129,900 -- $52 / 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
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: Georgia MLS

MLS Number: 07408593

Georgia MLS

APN: 18-030-05-056