$160,000
SOLD JAN 14, 2022

5031 Stoney Point Cir Stone Mountain, GA 30088

4 Beds
2.5 Baths
2,112 Sq Ft
0.3 Acres

Recently Sold

$76 Per Sq Ft

18% Below List Price

Highlights

  • 1 Fireplace
  • Porch
  • Laundry Room
  • Formal Dining Room
  • Patio
  • 1-Story Property

About This Home

As of June 2022

Investor Special! Home is structurally sound with good bones and ready for the right investor to step in and make a profit in a great neighborhood. Buy and hold or fix-and-flip and hot Stone Mountain market.

Last Agent to Sell the Property

Melody Bray

U1 Realty License #382488 Listed on: 12/13/2021

U1 Realty

Last Buyer's Agent

Melody Bray

U1 Realty License #382488 Listed on: 12/13/2021

U1 Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,032

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • Level Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Formal Dining Room
  • Carpet

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Hall

Outdoor Features

  • Patio
  • Porch

Schools

  • Redan Elementary School
  • Miller Grove Middle School
  • Redan High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Hidden Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,032

Year Built

Built in 1980

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: 0.3
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2112
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Other
  • Bedrooms: 4
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 2112
  • Above Grade Finished Sq Ft: 2112
  • Interior Amenities: Master On Main Level
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Other
  • Price Per Square Foot: 75.76

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 4

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation Details: Slab
  • Lot Features: Level
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Hall
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Electricity Available, High Speed Internet, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 200
  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Redan
  • High School: Redan
  • Middle School: Miller Grove
  • Elementary School: Redan
  • Middle School: Miller Grove
  • High School: Redan

Lot Info

  • Deed Book: 29559
  • Deed Page: 199

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2023
Sold by
Ribbon Home Spv Ii Llc
Bought by
Gordon Gertha Nicole and Gordon Nicholas Lela
Total Days on Market
0
Current Estimated Value
$312,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Outstanding Balance
$278,001
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$34,761

Purchase Details

Listed on
Apr 30, 2022
Closed on
Jun 16, 2022
Sold by
Francis Holdings Llc
Bought by
Ribbon Home Spv Ii Llc
Seller's Agent
Capucine Love
Keller Williams Realty North Atlanta
Buyer's Agent
Tristan Geiger
Fathom Realty GA, LLC
List Price
$320,000
Sold Price
$359,000
Premium/Discount to List
$39,000
12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.57%

Purchase Details

Closed on
Jun 1, 2021
Sold by
Dekalb County Tax Commissioner
Bought by
Oreilly Assets Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $290,000 --
Limited Warranty Deed $359,000 --
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $284,747 FHA
Previous Owner $300,000,000 Mortgage Modification
Previous Owner $202,000 Cash
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $359,000 +12.2% $169 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $320,000 +100.0% $151 / Sq Ft
01/14/2022 01/14/22 Sold $160,000 -19.6% $76 / Sq Ft
12/14/2021 12/14/21 Price Changed $199,000 +2.1% $94 / Sq Ft
12/13/2021 12/13/21 For Sale $195,000 -- $92 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
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
2023 $5,963 $121,280 $16,000 $105,280
2022 $4,414 $92,000 $8,000 $84,000
2021 $3,032 $60,520 $8,000 $52,520
2020 $2,637 $51,520 $8,000 $43,520
2019 $2,683 $52,560 $8,000 $44,560
2018 $1,247 $44,520 $8,000 $36,520
2017 $1,711 $44,960 $8,000 $36,960
2016 $1,319 $38,880 $8,000 $30,880
2014 $975 $28,840 $4,320 $24,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20006429

Georgia MLS

APN: 16-029-09-010