NOT LISTED FOR SALE

4993 Mountain Springs Way Stone Mountain, GA 30083

Stone Mountain Neighborhood

Estimated Value: $312,000 - $327,000

4 Beds
4 Baths
2,254 Sq Ft
$142/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $291,000 $129 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,274/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • Four Sided Brick Exterior Elevation
  • Level Lot
  • 1-Story Property
  • Central Air

About This Home

As of February 2023

Welcome to our charming duplex located in the desirable neighborhood of Stone Mountain! This property offers a unique investment opportunity as it is cash-flowing and investor-owned.

With 2 bedrooms and 1 bathroom on each side, this duplex is perfect for long-term and short-term tenants looking for a spacious and affordable living arrangement. The single-story, 4 sided brick construction provides a durable and low-maintenance home. Built-in 1981, this duplex has a proven track record of being a reliable investment.

One of the major benefits of this property is its convenient location. Located off Memorial Drive, it is just minutes away from the I285 highway, making it easy to get to work, school, or any other destination. Additionally, the duplex is located close to the Amazon warehouse in Stone Mountain.

Don't miss out on this amazing opportunity to own a cash-flowing duplex in a prime location and make it yours.

Last Agent to Sell the Property

Kevin Tran

Atlanta Communities License #418071 Listed on: 01/04/2023

Atlanta Communities

Co-Listed By

Tony Tran

Atlanta Communities License #393253

Last Buyer's Agent

Noland Dickey

BHGRE Metro Brokers License #389771

BHGRE Metro Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,832

Year Built

  • Built in 1981

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 123 x 120
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Views of Woods

Parking

  • 4 Parking Spaces
  • Driveway Level

Schools

  • Stone Mill Elementary School
  • Stone Mountain Middle School
  • Stone Mountain High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Mountain Spgs Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 3
  • Assessor Parcel Number 18 091 03 043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,832

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 4991-4993 MOUNTAIN SPRINGS WAY
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1981
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • View: Trees/Woods

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Natural Gas
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Mountain Spgs

Schools

  • Elementary School: Stone Mill
  • Middle School: Stone Mountain
  • High School: Stone Mountain

Lot Info

  • Acres: 0.3000
  • Lot: 7
  • Deed Book: 29919
  • Deed Page: 401
  • Lot Features: Level
  • Lot Dimensions: 123 x 120
  • Parcel Number: 18 091 03 043
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 4832.00
  • Assessor Parcel Number: 18-091-03-043
  • Close Date: 2023-02-22
  • Tax Year: 2022

MLS Schools

  • Elementary School: Stone Mill
  • High School: Stone Mountain
  • Middle School: Stone Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Feb 22, 2023
Sold by
Fractional Cactusflower Llc
Bought by
Palmer Robert
Seller's Agent
Kevin Tran
Atlanta Communities
Buyer's Agent
Noland Dickey
BHGRE Metro Brokers
List Price
$292,500
Sold Price
$291,000
Premium/Discount to List
-$1,500
-0.51%
Total Days on Market
4
Views
47
Current Estimated Value
$319,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,956
Avg. Annual Appreciation
4.19%
Original Mortgage
$247,350
Outstanding Balance
$240,963
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$78,993

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 5, 2021
Sold by
Jackson Reginald
Bought by
Fractional Cactusflower Llc
Seller's Agent
Algernetta Edwards
Homesmart Realty Partners
Buyer's Agent
Tony Tran
Atlanta Communities
List Price
$245,000
Sold Price
$256,084
Premium/Discount to List
$11,084
4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$168,750
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 6, 2017
Closed on
Nov 16, 2017
Sold by
Sue Sean
Bought by
Jackson Reginald
Seller's Agent
Cory Browning
Emerald Homes
Buyer's Agent
Algernetta Edwards
Homesmart Realty Partners
List Price
$139,900
Sold Price
$127,000
Premium/Discount to List
-$12,900
-9.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.76%
Original Mortgage
$122,664
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 2003
Sold by
Grevious Russell C
Bought by
Sue Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.07%
Mortgage Type
New Conventional
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
Palmer Robert $291,000 --
Fractional Cactusflower Llc $256,084 --
Jackson Reginald $127,000 --
Sue Sean $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Robert $247,350
Previous Owner Fractional Cactusflower Llc $168,750
Previous Owner Jackson Reginald $122,664
Previous Owner Sean Sue $150,000
Previous Owner Sue Sean $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $291,000 -0.5% $129 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $292,500 +14.2% $130 / Sq Ft
10/05/2021 10/05/21 Sold $256,084 +4.5% $114 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $245,000 +92.9% $109 / Sq Ft
11/16/2017 11/16/17 Sold $127,000 -9.2% $56 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/29/2017 09/29/17 Price Changed $139,900 0.0% $62 / Sq Ft
09/29/2017 09/29/17 For Sale $139,900 +7.7% $62 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $129,900 -- $58 / Sq Ft
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 $5,824 $113,600 $30,000 $83,600
2022 $4,832 $96,920 $17,000 $79,920
2021 $2,351 $76,920 $17,000 $59,920
2020 $2,102 $65,960 $12,800 $53,160
2019 $1,924 $58,680 $12,800 $45,880
2018 $2,129 $50,800 $12,680 $38,120
2017 $2,111 $34,760 $13,400 $21,360
2016 $2,819 $50,720 $13,400 $37,320
2014 $2,920 $51,720 $13,400 $38,320
Source: Public Records

Agents Affiliated with this Home

  • Kevin Tran

    Seller's Agent in 2023

    Kevin Tran

    Atlanta Communities

    (678) 200-9410

    1 in this area

    31 Total Sales

    Kevin Tran
    Section Image
  • Tony Tran

    Seller Co-Listing Agent in 2023

    Tony Tran

    Atlanta Communities

    (678) 900-8363

    5 in this area

    72 Total Sales

    Tony Tran
    Section Image
  • Noland Dickey

    Buyer's Agent in 2023

    Noland Dickey

    Better Homes and Gardens Real Estate

    (770) 712-4142

    3 in this area

    30 Total Sales

    Noland Dickey
    Section Image

  • A

    Seller's Agent in 2021

    Algernetta Edwards

    Homesmart Realty Partners

    2 in this area

    20 Total Sales

    Algernetta Edwards
    Section Image
  • Cory Browning

    Seller's Agent in 2017

    Cory Browning

    Emerald Homes

    (404) 218-6367

    59 Total Sales

    Cory Browning
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7158817

First Multiple Listing Service (FMLS)

APN: 18-091-03-043

Georgia DeKalb County Stone Mountain 30083 Stone Mountain

4993 Mountain Springs Way, Stone Mountain, GA

This home is located at 4993 Mountain Springs Way, Stone Mountain, GA 30083 since 04 January 2023 and is currently estimated at $319,956, approximately $141 per square foot. This property was built in 1981. 4993 Mountain Springs Way is a home located in DeKalb County with nearby schools including Stone Mill 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.

First Multiple Listing Service (FMLS) Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.

Nearby Homes