550 S Rays Rd Stone Mountain, GA 30083
Estimated payment $4,231/month
Highlights
- 770 Feet of Waterfront
- Lake View
- Community Lake
- Gated Community
- 18.52 Acre Lot
- Private Lot
About This Home
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. Currently there are 2 residential properties and a detached 5-car garage on these two parcels. Cast your fishing line and catch some Bass in the 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,724
Year Built
- Built in 1965
Lot Details
- 18.52 Acre Lot
- 770 Feet of Waterfront
- Lake Front
- Private Lot
Parking
- 5 Car Garage
Home Design
- Ranch Style House
- Traditional Architecture
- Fixer Upper
- Composition Roof
Interior Spaces
- 1,200 Sq Ft Home
- Lake Views
- Crawl Space
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Allgood Elementary School
- Freedom Middle School
- Clarkston High School
Utilities
- Underground Utilities
Listing and Financial Details
- Tax Lot 14
Community Details
Overview
- No Home Owners Association
- Stone Mountain/None Subdivision
- Community Lake
Security
- Gated Community
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: Georgia MLS
MLS Number: 10648821
APN: 18-014-06-001
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.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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