NOT LISTED FOR SALE

497 S Rays Rd Stone Mountain, GA 30083

Stone Mountain Neighborhood

Estimated Value: $354,000 - $395,000

3 Beds
2 Baths
2,934 Sq Ft
$129/Sq Ft Est. Value

Last Sold August 14, 2012

Last sale price $69,900 $24 Per Sq Ft

Est. 442% increase in value since last sale

Current estimated payment $2,594/month

132 Days on Market

Highlights

  • Living Room
  • Storm Doors
  • Family Room
  • Dining Room

About This Home

As of August 2012

LARGE /ROOMY HOME/ MOVE IN CONDITION FOURTH BEDROOM IN FINISHED BASEMENT

Last Agent to Sell the Property

MARVIN LINDSEY

Maximum One Realty Partners License #291585 Listed on: 03/04/2012

Maximum One Realty Partners

Last Buyer's Agent

Monique Donigan

Megasis Realty Group LLC License #302182

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $7,026

Year Built

  • 1970

Lot Details

  • 0.3

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Storm Doors

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Schools

  • Rowland / Dekalb / Dekalb County Elementary School
  • Champion / Dekalb / Dekalb County Middle School
  • Stone Mountain / Dekalb / Dekalb County High School

Utilities

  • Underground Utilities
  • Gas Water Heater
  • Sewer in Street

Community Details

  • Property has a Home Owners Association

Property Details

Home Type

Other

Est. Annual Taxes

$7,026

Year Built

1970

Lot Details

0

Listing Details

  • Special Features: 12
  • Year Built: 1970

Interior Features

  • Fireplace(s): 2, In Great/Family Room, Factory Built
  • Basement: Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Kitchen Equipment: Range/Oven
  • Interior Amenities: Bookcases, Cable TV Connections, Entrance Foyer, Wall-to-wall Carpet
  • Laundry Location: Kitchen Area
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 2081
  • Unfinished Below Grade Sq Ft: 109
  • Kitchen / Breakfast: Breakfast Area, Pantry
  • Above Grade Finished Sq Ft: 2934

Exterior Features

  • Construction: Brick/Frame
  • Exterior Features: Deck/Patio, Fenced Yard
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan
  • Heating Fuel: Gas
  • Heating: Central
  • Energy Features: Storm Doors, Gas Water Heater
  • Water/Sewer: Public Water, Sewer In Street

Association/Amenities

  • Amenities: Neighborhood Association, Underground Utilities

Schools

  • Elementary School: Rowland / Dekalb / Dekalb County, GA
  • High School: Stone Mountain / Dekalb / Dekalb County, GA
  • Middle School: Champion / Dekalb / Dekalb County, GA

Lot Info

  • Lot Size: 1/3 - 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2022
Sold by
Pagaya Smartresi F1 Fund Property Owner
Bought by
Wcp Sfr Properties Llc
Current Estimated Value
$378,715

Purchase Details

Closed on
Jun 23, 2021
Sold by
Pref 2019 Llc
Bought by
Pagaya Smartresi F1 Fund Property Owner

Purchase Details

Closed on
May 12, 2021
Sold by
Stripling Jacqueline
Bought by
Pref 2019 Llc

Purchase Details

Closed on
Aug 10, 2017
Sold by
Gist Marie Chambers
Bought by
Stripling Jacqueline and Johnson Kallye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2014
Sold by
Chambers Dora Lee
Bought by
Gist Marie Chambers

Purchase Details

Closed on
Jan 24, 2013
Sold by
Gist Marie Chambers
Bought by
Chambers Dora Lee

Purchase Details

Listed on
Mar 4, 2012
Closed on
Aug 14, 2012
Sold by
Bohannon Gigi
Bought by
Gist Marie Chambers
Seller's Agent
MARVIN LINDSEY
Maximum One Realty Partners
Buyer's Agent
Monique Donigan
Megasis Realty Group LLC
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.49%

Purchase Details

Closed on
Dec 30, 2005
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Bohannon Gigi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,900
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2004
Sold by
Mers Inc
Bought by
Fed Natl Mtg Assoc
Source: Public Records

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

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
Wcp Sfr Properties Llc $2,115,052 --
Pagaya Smartresi F1 Fund Property Owner -- --
Pref 2019 Llc $275,000 --
Stripling Jacqueline $155,000 --
Gist Marie Chambers -- --
Chambers Dora Lee -- --
Gist Marie Chambers $69,900 --
Bohannon Gigi -- --
Fed Natl Mtg Assoc -- --
Mers Inc $180,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stripling Jacqueline $152,192
Previous Owner Bohannon Gigi $155,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2012 08/14/12 Sold $69,900 0.0% $24 / Sq Ft
07/15/2012 07/15/12 Pending -- -- --
03/04/2012 03/04/12 For Sale $69,900 -- $24 / 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
2024 $7,026 $150,240 $18,160 $132,080
2023 $7,026 $145,120 $18,160 $126,960
2022 $5,180 $110,000 $12,360 $97,640
2021 $831 $103,280 $8,000 $95,280
2020 $832 $89,520 $8,000 $81,520
2019 $813 $99,880 $8,000 $91,880
2018 $1,334 $56,240 $10,240 $46,000
2017 $1,851 $56,240 $10,240 $46,000
2016 $1,812 $71,520 $10,240 $61,280
2014 $2,567 $48,920 $10,240 $38,680
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    MARVIN LINDSEY

    Maximum One Realty Partners

    (678) 591-0421

    6 Total Sales

    MARVIN LINDSEY
    Section Image
  • Monique Donigan

    Buyer's Agent in 2012

    Monique Donigan

    Megasis Realty Group LLC

    (404) 403-2667

    1 in this area

    10 Total Sales

    Monique Donigan
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 03196571

Georgia MLS

APN: 18-014-01-059

Georgia DeKalb County Stone Mountain 30083 Stone Mountain

497 S Rays Rd, Stone Mountain, GA

This home is located at 497 S Rays Rd, Stone Mountain, GA 30083 since 04 March 2012 and is currently estimated at $378,715, approximately $129 per square foot. This property was built in 1970. 497 S Rays Rd is a home located in DeKalb County with nearby schools including Allgood Elementary School, Freedom Middle School, and Clarkston 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.

Georgia MLS 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.

Nearby Homes