A
Seller's Agent in 2025
Allison Haywood
Bolst, Inc.
(678) 628-9204
7 in this area
85 Total Sales
494 S Malton Ct Stone Mountain, GA 30083
Stone Mountain Neighborhood
8
Beds
3
Baths
2,244
Sq Ft
0.36
Acres
Highlights
- Deck
- Partially Wooded Lot
- Wood Flooring
- Private Lot
- Traditional Architecture
- Sun or Florida Room
About This Home
As of April 2025Calling 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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,754
Year Built
- Built in 1978
Lot Details
- 0.36 Acre Lot
- Cul-De-Sac
- Wood Fence
- Back Yard Fenced
- Private Lot
- Level Lot
- Partially Wooded Lot
- Grass Covered Lot
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,244 Sq Ft Home
- 2-Story Property
- Bookcases
- Ceiling Fan
- Entrance Foyer
- Family Room with Fireplace
- Formal Dining Room
- Den
- Sun or Florida Room
- Pull Down Stairs to Attic
- Fire and Smoke Detector
- Laundry in Kitchen
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Oven or Range
- Microwave
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- 3 Full Bathrooms
- Low Flow Plumbing Fixtures
Parking
- Garage
- Parking Accessed On Kitchen Level
- Garage Door Opener
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Location
- Property is near schools
- Property is near shops
Schools
- Rockbridge Elementary School
- Stone Mountain Middle School
- Stone Mountain High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Heathcliff Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2025
Closed on
Apr 18, 2025
Sold by
Bansal Aditya
Bought by
Trl Smith Trust Dated December 12 2002 and Smith Trl Tr
Seller's Agent
Allison Haywood
Bolst, Inc.
Buyer's Agent
Joshua Bowser
Cornerstone Real Estate Partners
List Price
$334,900
Sold Price
$312,500
Premium/Discount to List
-$22,400
-6.69%
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,703
Avg. Annual Appreciation
3.70%
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%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$195,000
Interest Rate
2.8%
Mortgage Type
New Conventional
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
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
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
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Limited Warranty Deed | $312,500 | -- | |
| Warranty Deed | $260,000 | -- | |
| Warranty Deed | $174,900 | -- | |
| Warranty Deed | $164,264 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $195,000 | New Conventional | |
| Previous Owner | $166,100 | New Conventional | |
| Previous Owner | $143,763 | FHA | |
| Previous Owner | $12,000 | Stand Alone Second | |
| Previous Owner | $94,244 | Stand Alone Second | |
| Previous Owner | $25,000 | Stand Alone Second | |
| Previous Owner | $84,850 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $312,500 | -6.7% | $139 / Sq Ft |
| 04/04/2025 04/04/25 | Pending | -- | -- | -- |
| 02/21/2025 02/21/25 | For Sale | $334,900 | +28.8% | $149 / Sq Ft |
| 08/23/2021 08/23/21 | Sold | $260,000 | +4.0% | $107 / Sq Ft |
| 08/09/2021 08/09/21 | Pending | -- | -- | -- |
| 08/04/2021 08/04/21 | For Sale | $250,000 | +42.9% | $103 / Sq Ft |
| 05/03/2019 05/03/19 | Sold | $174,900 | 0.0% | $78 / Sq Ft |
| 04/08/2019 04/08/19 | Pending | -- | -- | -- |
| 04/04/2019 04/04/19 | For Sale | $174,900 | -- | $78 / Sq Ft |
Source: Georgia MLS
Tax History Compared to Growth
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 | $5,754 | $121,040 | $24,000 | $97,040 |
| 2023 | $5,754 | $128,680 | $24,000 | $104,680 |
| 2022 | $4,921 | $104,000 | $16,840 | $87,160 |
| 2021 | $2,645 | $78,000 | $17,520 | $60,480 |
| 2020 | $2,373 | $69,960 | $5,840 | $64,120 |
| 2019 | $1,531 | $45,960 | $6,000 | $39,960 |
| 2018 | $1,426 | $51,560 | $6,000 | $45,560 |
| 2017 | $1,589 | $46,200 | $6,000 | $40,200 |
| 2016 | $1,186 | $35,600 | $4,000 | $31,600 |
| 2014 | $806 | $24,480 | $4,000 | $20,480 |
Source: Public Records
Agents Affiliated with this Home
-
Allison Haywood
-
Joshua Bowser
J
Buyer's Agent in 2025
Joshua Bowser
Cornerstone Real Estate Partners
(724) 579-9453
6 in this area
39 Total Sales
-
Jack Logan
Seller's Agent in 2021
Jack Logan
Chapman Hall Premier, Realtors
(404) 357-2524
8 in this area
49 Total Sales
-
B
Buyer's Agent in 2021
Brenden Mitchum
eXp Realty
-
Marty Walsh
M
Seller's Agent in 2019
Marty Walsh
Offerpad Brokerage, LLC.
Map
Source: Georgia MLS
MLS Number: 10463928
APN: 18-040-02-097
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.
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