NOT LISTED FOR SALE

Estimated Value: $275,000 - $328,000

5 Beds
3.5 Baths
3,252 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $215,000 $66 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,965/month

65 Days on Market

Highlights

  • Dining Room Seats More Than Twelve
  • Family Room with Fireplace
  • Bonus Room
  • Private Lot
  • Wood Flooring
  • No HOA

About This Home

As of October 2022

HUGE Price Reduction! Rare Opportunity! Located near the Heart of Old Stone Mountain! This enormous 1948 Farm House would be perfect for a big multiple generational family! Ready for rehab, very spacious rooms throughout! Upper Level Balcony assessable from 2 Bedrooms! One of the 2 Main Level Bedrooms has an attached Sitting Room. 800 SqFt Carport! This property offers loads of potential! Large covered patio has a smoke pit fireplace. Spacious fenced level backyard suitable for a pool or sports court! Property is being sold "As Is", with NO disclosures or repairs. Bring your Rehab Buyer's! Not suitable for FHA, VA, or conforming Loan types. Cash or Rehab Loans only. Supra lockbox for ALL Showings! No Blind Offers considered and Buyer Assignments are NOT acceptable. The Seller's Title Company holds earnest money with NO exceptions. Property is being sold "As Is", with NO disclosures or repairs. Call your Buyer Brokerage to set up appointment to view!

Last Listed By

Norma Elkin

Atlanta Communities License #141678 Listed on: 07/04/2022

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,544

Year Built

  • Built in 1948

Lot Details

  • 0.4 Acre Lot
  • Back Yard Fenced
  • Chain Link Fence
  • Private Lot
  • Level Lot

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 3,252 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Room Seats More Than Twelve
  • Bonus Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Parking

  • 6 Parking Spaces
  • Carport

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Porch

Schools

  • Shadow Rock Elementary School
  • Redan Middle School
  • Redan High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,544

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 16
  • Year Built: 1948
  • Main Level Half Bathrooms: 1
  • Financing Type: Other
  • Levels: Two
  • Lot Size Acres: .40
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3252
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 5
  • Dining Room Features: Seats 12+
  • Basement: None
  • Total Finished Sq Ft: 3252
  • Above Grade Finished Sq Ft: 3252
  • Interior Amenities: Walk-In Closet(s), In-Law Floorplan, Split Bedroom Plan
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Outside
  • Flooring: Hardwood, Tile
  • Kitchen Features: Breakfast Area
  • Price Per Square Foot: 66.1131

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Main Level: 2

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Back Yard, Chain Link
  • Lot Features: Level, Private
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport
  • ParkingTotal: 6

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Shadow Rock
  • High School: Redan
  • High School Bus: Yes
  • Middle School: Redan
  • Middle School Bus: Yes
  • Elementary School: Shadow Rock
  • Middle School: Redan
  • High School: Redan

Lot Info

  • Land Lot: 33
  • Lot: 3
  • Deed Book: 27112
  • Deed Page: 59

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2543.86

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2022
Closed on
Oct 12, 2022
Sold by
Resi Reo Sub Llc
Bought by
Deisch Richard L
Seller's Agent
Norma Elkin
Atlanta Communities
Buyer's Agent
ANGELA PANNELL
eXp Realty
List Price
$279,900
Sold Price
$215,000
Premium/Discount to List
-$64,900
-23.19%
Total Days on Market
65
Views
100
Current Estimated Value
$304,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,451
Avg. Annual Appreciation
14.14%
Original Mortgage
$193,500
Outstanding Balance
$187,304
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$117,147

Purchase Details

Closed on
Jun 21, 2022
Sold by
Fyr Sfr Borrower Llc
Bought by
Resi Reo Sub Llc

Purchase Details

Closed on
Aug 8, 2018
Sold by
Resi Sfr Sub Llc
Bought by
Fyr Sfr Borrower Llc and C/O Altisource Asset Management Corp

Purchase Details

Listed on
May 4, 2016
Closed on
Aug 5, 2016
Sold by
Nuh
Bought by
Resi Sfr Sub Llc
Seller's Agent
James Carswell
Keller Williams Realty Chattahoochee North, LLC
Buyer's Agent
April Feeser
REALHome Services and Solutions, Inc.
List Price
$129,900
Sold Price
$111,000
Premium/Discount to List
-$18,900
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%

Purchase Details

Closed on
Sep 16, 2009
Sold by
Hud-Housing Of Urban Dev
Bought by
Iman Nuh and Afrax Seynab

Purchase Details

Closed on
May 6, 2008
Sold by
Wells Fargo Bk Na
Bought by
Hud-Housing Of Urban Dev

Purchase Details

Closed on
Apr 17, 1996
Sold by
Brown Dorothy M
Bought by
Blessett Paul K Patricia

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
Deisch Richard L $215,000 --
Resi Reo Sub Llc $215,000 --
Resi Reo Sub Llc -- --
Fyr Sfr Borrower Llc $270,000 --
Resi Sfr Sub Llc $111,000 --
Iman Nuh -- --
Hud-Housing Of Urban Dev -- --
Blessett Paul K Patricia $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deisch Richard L $193,500
Previous Owner Blessett Paul K $36,041
Previous Owner Blessett Paul K $95,118
Closed Blessett Paul K Patricia $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $215,000 -6.5% $66 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/02/2022 09/02/22 Price Changed $229,900 -14.8% $71 / Sq Ft
08/04/2022 08/04/22 Price Changed $269,900 -10.0% $83 / Sq Ft
07/06/2022 07/06/22 Price Changed $299,900 +7.1% $92 / Sq Ft
07/04/2022 07/04/22 For Sale $279,900 +152.2% $86 / Sq Ft
08/05/2016 08/05/16 Sold $111,000 -14.5% $34 / Sq Ft
07/03/2016 07/03/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $129,900 -- $40 / 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
2023 $3,121 $75,160 $20,360 $54,800
2022 $4,263 $88,960 $20,360 $68,600
2021 $2,902 $57,960 $20,360 $37,600
2020 $2,042 $38,360 $20,360 $18,000
2019 $2,188 $41,680 $20,360 $21,320
2018 $1,562 $37,640 $20,360 $17,280
2017 $2,316 $44,396 $18,956 $25,440
2016 $1,397 $41,640 $20,360 $21,280
2014 $1,082 $32,520 $20,400 $12,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20055195

Georgia MLS

APN: 16-033-05-003