Calling all real estate investors looking for a strong return on investment! 494 South Malton Court in Stone Mountain presents a fantastic opportunity to acquire a property with a 10.3% cap rate. This 8-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong track record of high occupancy. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. Located near North Hairston Road, 494 South Malton Court is just 0.4 miles to the nearest Marta Bus route. A direct bus ride takes you to Indian creek MARTA station a short 15-mins by bus making it easy and seamless to access all of Metro Atlanta. Mere minutes to a Walmart Supercenter, the location is prime for current and future occupants who seek the convenience of having groceries and shopping just a short ride away. Make this cash-flowing winner a part of your real estate portfolio today!
Kitchen Features: Breakfast Area, Breakfast Bar, Pantry, Solid Surface Counters
Price Per Square Foot: 139.260
Beds/Baths
Upper Level Full Bathrooms: 3
Bedroom Main Level: 4
Exterior Features
Common Walls: No Common Walls
Construction Materials: Other
Fencing: Back Yard, Wood
Foundation Details: Slab
Lot Features: Cul-De-Sac, Level, Private
Patio And Porch Features: Deck, Porch
Property Condition: Resale
Roof: Composition
Garage/Parking
Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level, Off Street
Utilities
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Forced Air, Natural Gas
Laundry Features: In Kitchen
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available
Water Source: Public
Condo/Co-op/Association
Association: No
Community Features: Street Lights, Walk To Schools, Walk To Shopping
Fee Information
Association Fee Includes: None
Schools
Elementary School: Rockbridge
High School: Stone Mountain
High School Bus: No
Middle School: Stone Mountain
Middle School Bus: No
Elementary School: Rockbridge
Middle School: Stone Mountain
High School: Stone Mountain
Lot Info
Deed Book: 29667
Deed Page: 136
Green Features
GreenWaterConservation: Low-Flow Fixtures
Multi Family
Total Fireplaces: 1
Tax Info
Year: 2024
Tax Annual Amount: 5754
MLS Schools
Elementary Bus Line: No
Ownership History
DateNameOwned ForOwner Type
Aug 2021 - PresentBansal Aditya and Chandna Nupur3 Years and 9 Months
Private Individual
Purchase Details
Listed on
Aug 4, 2021
Closed on
Aug 23, 2021
Sold by
Davidson Nathaniel Phillip
Bought by
Bansal Aditya and Chandna Nupur
Seller's Agent
Jack Logan
Chapman Hall Premier, Realtors
Buyer's Agent
Brenden Mitchum
eXp Realty
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Total Days on Market
42
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$195,000
Outstanding Balance
$179,740
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$151,565
May 2019 - Aug 2021Davidson Nathaniel Phillip2 Years and 3 Months
Private Individual
Purchase Details
Listed on
Apr 4, 2019
Closed on
May 2, 2019
Sold by
Opperpad Spvborrower1 Llc
Bought by
Davidson Nathaniel Phillip
Seller's Agent
Marty Walsh
Offerpad Brokerage, LLC.
Buyer's Agent
Jack Logan
Chapman Hall Premier, REALTORS
List Price
$174,900
Sold Price
$174,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.72%
Original Mortgage
$166,100
Interest Rate
4%
Mortgage Type
New Conventional
Mar 2019 - May 2019Opperpad Spvborrower1 Llc2 Months
Company
Purchase Details
Listed on
Apr 4, 2019
Closed on
Mar 15, 2019
Sold by
Laster Vivian
Bought by
Opperpad Spvborrower1 Llc
Seller's Agent
Marty Walsh
Offerpad Brokerage, LLC.
Buyer's Agent
Jack Logan
Chapman Hall Premier, REALTORS
List Price
$174,900
Sold Price
$174,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,100
Interest Rate
4%
Mortgage Type
New Conventional
Oct 2010 - Mar 2019Laster Vivian8 Years and 5 Months
Private Individual
Purchase Details
Closed on
Oct 7, 2010
Sold by
Laster Carl T
Bought by
Laster Vivian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,763
Interest Rate
4.37%
Mortgage Type
FHA
Map
Range of Values:
Collateral Analytics
Collateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Not Available
Collateral Analytics does not have data for the current month. Please view the chart for historical values.
ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
Not Available
ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.
First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Not Available
First American does not have data for the current month. Please view the chart for historical values.
Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
Not Available
Quantarium does not have data for the current month. Please view the chart for historical values.
Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Buy this home & I will buy yours! Now you can buy this home with Zero Down with our preferred lender NEXA Mortgage!!! Gorgeous fully renovated ranch home with a ton of spaces that leads to an open concept design with 6 bedrooms and 2 bathrooms. There is a master suite featuring a bath and walking closet space. Expansive kitchen, family room, open living room and dining area. Cabinets color is
Spacious and Updated 6BR/4BA Ranch on a Large, Private Lot! This move-in ready home sits on over half an acre in a quiet, established Stone Mountain neighborhood. Highlights include a huge sunroom, renovated bathrooms, and a large back deck - perfect for entertaining. The fully fenced yard offers plenty of room for pets, kids, or outdoor projects. Inside, you'll find 6 spacious bedrooms, 4 full
Situated on nearly 1/2 an acre, you'll be swept away by the charm and curb appeal upon arrival at this Stone Mountain home! Step inside into the inviting foyer and into the well-appointed sitting area, situated outside of the dining room. The kitchen boasts stainless steel appliances, hard surface countertops, ample storage, and a breakfast nook. Rounding out the main level is the laundry room,
Great opportunity to own this one of a kind, 6 bedroom, 4 full bath home with 2 kitchens on a quiet street. Completely remodeled just over 3 years ago with new wiring, plumbing and all new utilities. Upstairs boasts a large open floor plan, vaulted ceiling, cozy fireplace and spacious bedrooms. Fully finished basement featuring 3 bedrooms, 2 full bathrooms with its own kitchen and laundry for
Great Location. It is 3bed/2bath on main and 2bed/1bath in the basement. 4 sided brick ranch home on a full basement with large spacious rooms. More photos coming soon!
Calling all real estate investors looking for a strong return on investment! 1284 To Lani Path in Stone Mountain presents a phenomenal opportunity to acquire a property with a 10.25% cap rate. This 8-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong track record of high occupancy. PadSplit is a housing solution platform that helps members find accessible housing
Welcome to this beautiful brick front home nestled on a sweeping, tree-lined front lawn in sought-after Hidden Hills. Step through the welcoming foyer and discover light-filled formal spaces: a dining room with classic chair rail to your left, and a flexible living room or home office to your right. Rich hardwoods lead you to the heart of the home, where a sun-splashed family room—with a brick
A beautifully renovated 6-bedroom, 4-bathroom ranch home. This home features stylish updates including stainless steel kitchen appliances, granite countertops, and updated flooring throughout. Situated on a large level lot. Conveniently located near shopping, dining and more! Do not miss this great opportunity!
**MOTIVATED SELLERS** Welcome to this spacious 6 bedroom 3 bathroom home located in the Hidden Hills community.This home has so many features including a: sunroom, bonus room, den as well as space for a kitchen add on in the basement. The sun porch conveniently leads to a multi-tiered deck that builds out to a completely fenced in large backyard space. There is also a decent sized shed being
Tax AssessmentTax 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.
This home is located at 494 S Malton Ct, Stone Mountain, GA 30083 and is currently priced at $312,500, approximately $139 per square foot. This property was built in 1978. 494 S Malton Ct is a home located in DeKalb County with nearby schools including Rockbridge Elementary School, Stone Mountain Middle School, and Stone Mountain High School.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
