550 S Rays Rd Stone Mountain, GA 30083
Estimated payment $4,101/month
Highlights
- 770 Feet of Waterfront
- Lake View
- Pine Trees
- Lake On Lot
- 18.52 Acre Lot
- Community Lake
About This Lot
On GPS use 548 S Rays Rd Stone Mountain GA 30083. Subject property's long paved driveway is to the right by the mailbox. Amazing opportunity about 15 to 20 minutes from Emory University. Just 1.5 miles east of I-285 highway in Stone Mountain! Two combined parcels with total of approximately 18~acres zoned for single family. There are 2 residential properties and a detached 5-car garage on these two parcels. Cast your fishing line in your private 3.5-acre lake! Ideal for a private estate development, homesteading or a small subdivision. Electric infrastructure, natural gas, public water and sewer connections are available. Previous plan for 40 single family development available upon request. BRING ALL OFFERS with PROOF OF FUNDS. Paved driveway is on S Rays Rd between Rue St Germain and Rue St Dominique.
Listing Agent
Good Shepherd Realty, LLC. Brokerage Email: alan.weng@goodshepherdrealty.com License #337572 Listed on: 02/25/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,236
Year Built
- Built in 1965
Lot Details
- 18.52 Acre Lot
- 770 Feet of Waterfront
- Lake Front
- Private Lot
- Pine Trees
- Partially Wooded Lot
- Grass Covered Lot
- Property is zoned RA5
Property Views
- Lake
- Woods
Home Design
- Ranch Style House
- Traditional Architecture
- Fixer Upper
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Allgood - Dekalb Elementary School
- Freedom - Dekalb Middle School
- Clarkston High School
Utilities
- Underground Utilities
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 18 014 06 001
Community Details
Overview
- Stone Mountain/None Subdivision
- Community Lake
Recreation
- Lake On Lot
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,749 | $53,080 | $48,000 | $5,080 |
| 2024 | $3,252 | $64,760 | $48,000 | $16,760 |
| 2023 | $3,252 | $60,600 | $51,320 | $9,280 |
| 2022 | $7,657 | $167,320 | $51,320 | $116,000 |
| 2021 | $4,168 | $87,840 | $12,440 | $75,400 |
| 2020 | $4,286 | $90,520 | $24,320 | $66,200 |
| 2019 | $2,885 | $58,600 | $24,320 | $34,280 |
| 2018 | $2,004 | $40,280 | $24,320 | $15,960 |
| 2017 | $2,274 | $39,320 | $24,320 | $15,000 |
| 2016 | $1,909 | $36,120 | $24,320 | $11,800 |
| 2014 | $1,922 | $35,520 | $24,320 | $11,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2025 11/19/25 | Price Changed | $649,900 | -18.8% | -- |
| 10/08/2025 10/08/25 | For Sale | $800,000 | 0.0% | -- |
| 09/30/2025 09/30/25 | Off Market | $800,000 | -- | -- |
| 03/04/2025 03/04/25 | Price Changed | $800,000 | -5.9% | -- |
| 02/25/2025 02/25/25 | For Sale | $850,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $155,000 | -- | |
| Warranty Deed | $70,000 | -- | |
| Limited Warranty Deed | $30,000 | -- | |
| Limited Warranty Deed | $100,001 | -- | |
| Foreclosure Deed | $410,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $216,700 | -- | |
| Deed | $216,700 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $108,400 | -- | |
| Deed | $108,400 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $653,012 | No Value Available |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7530741
APN: 18-014-06-001
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