NOT LISTED FOR SALE

501 N Summit Unit 2 Stone Mountain, GA 30083

Stone Mountain Neighborhood

Estimated Value: $259,000 - $304,416

5 Beds
2 Baths
2,812 Sq Ft
$100/Sq Ft Est. Value

Last Sold October 20, 2015

Last sale price $114,900 $41 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,744/month

128 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Soaking Tub
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of October 2015

This beautiful home on FINISHED BASEMENT has just had a complete renovation! Brand new carpet, new linoleum, new architectural roof, new HVAC, new appliances, new granite counters, new tile work in the kitchen, all highlight this wonderfully elegant home. Potential in-law suite.

The dream of owning a new home in a great neighborhood can be achieved by purchasing this Wonderful 5 bedroom / 2 bath home with its Great Living Room and Fireplace, Fantastic Kitchen, and Spacious Master Bedroom with beautiful Master Bath, Great Sun Room

Last Agent to Sell the Property

Zareh Najarian

NOT A VALID MEMBER License #DUP Listed on: 05/13/2015

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,284

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 8,712

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,812 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Soaking Tub

Schools

  • Allgood - Dekalb Elementary School
  • Freedom - Dekalb Middle School
  • Clarkston High School

Additional Features

  • Level Lot
  • Forced Air Heating and Cooling System

Community Details

  • Hidden Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18 015 04 057

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,284

Year Built

Built in 1985 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Year Built: 1985
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2812.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 2
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Soaking Tub

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Hidden Hills

Schools

  • Elementary School: Allgood - Dekalb
  • Middle School: Freedom - Dekalb
  • High School: Clarkston

Lot Info

  • Lot Features: Level
  • Parcel Number: 18 015 04 057
  • Property Attached Yn: No

Tax Info

  • Taxes: 1284.00
  • Assessor Parcel Number: 18-015-04-057
  • Close Date: 2015-10-20
  • Tax Year: 2014

MLS Schools

  • Elementary School: Allgood - Dekalb
  • High School: Clarkston
  • Middle School: Freedom - Dekalb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2015
Closed on
Oct 20, 2015
Sold by
Najarian Holdings Llc
Bought by
Woldemariam Almaz Y
Seller's Agent
Zareh Najarian
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$114,900
Sold Price
$114,900
Current Estimated Value
$281,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,204
Avg. Annual Appreciation
9.48%
Original Mortgage
$112,818
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2015
Sold by
Najarian Capital Llc
Bought by
Najarian Holdings Llc

Purchase Details

Closed on
Dec 2, 2014
Sold by
Nicholson James Walter
Bought by
Najarian Capital Llc

Purchase Details

Closed on
Feb 8, 1996
Sold by
Churchill Mille Margaret
Bought by
Nicholson James W Alethia
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
Woldemariam Almaz Y $114,900 --
Najarian Holdings Llc -- --
Najarian Capital Llc $61,201 --
Nicholson James W Alethia $88,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woldemariam Almaz Y $109,500
Closed Woldemariam Almaz Y $112,818
Previous Owner Nicholson James W $110,630
Previous Owner Nicholson James W $93,434
Closed Nicholson James W Alethia $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2015 10/20/15 Sold $114,900 0.0% $41 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $114,900 0.0% $41 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $114,900 0.0% $41 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
06/26/2015 06/26/15 Price Changed $114,900 -4.2% $41 / Sq Ft
06/09/2015 06/09/15 Price Changed $119,900 -3.2% $43 / Sq Ft
05/13/2015 05/13/15 For Sale $123,900 -- $44 / 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
2024 $2,596 $100,600 $16,160 $84,440
2023 $2,596 $89,880 $15,000 $74,880
2022 $1,868 $72,720 $15,000 $57,720
2021 $1,223 $44,800 $5,400 $39,400
2020 $1,215 $44,240 $5,400 $38,840
2019 $1,255 $46,240 $5,400 $40,840
2018 $1,289 $43,560 $5,400 $38,160
2017 $1,009 $34,720 $5,400 $29,320
2016 $874 $29,600 $5,400 $24,200
2014 $1,284 $21,440 $5,400 $16,040
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2015

    Zareh Najarian

    NOT A VALID MEMBER

    Section Image

  • N

    Buyer's Agent in 2015

    NON-MLS NMLS

    Non FMLS Member

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5538534

First Multiple Listing Service (FMLS)

APN: 18-015-04-057

Georgia DeKalb County Stone Mountain 30083 Stone Mountain

501 N Summit Unit 2, Stone Mountain, GA

This home is located at 501 N Summit Unit 2, Stone Mountain, GA 30083 since 13 May 2015 and is currently estimated at $281,104, approximately $99 per square foot. This property was built in 1985. 501 N Summit Unit 2 is a home located in DeKalb County with nearby schools including Allgood Elementary School, Freedom Middle School, and Clarkston High School.

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