NOT LISTED FOR SALE

551 Rays Rd Stone Mountain, GA 30083

Stone Mountain Neighborhood

Estimated Value: $313,000 - $357,000

3 Beds
2 Baths
2,228 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 06, 2016

Last sale price $75,000 $34 Per Sq Ft

Est. 335% increase in value since last sale

Current estimated payment $2,119/month

21 Days on Market

Highlights

  • Property is walking distance to MARTA
  • Combination Dining and Living Room
  • Family Room

About This Home

As of April 2016

Are you willing to do some HOME work?? Spacious ranch w/3BD 2BA, separate Living/Dining Room,Great Room w/fireplace. Full unfinished basement, HUD case #101-849286

Last Agent to Sell the Property

Jenice Brinkley

The Brinkley Realty Group LLC License #243434 Listed on: 02/17/2016

Co-Listed By

Percy Brinkley

The Brinkley Realty Group LLC License #207955

Last Buyer's Agent

John And Susan Seay

Crye-Leike, Realtors License #352743

Crye-Leike, Realtors

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,821

Year Built

  • 1969

Lot Details

  • 0.6

Interior Spaces

  • Family Room
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Location

  • Property is walking distance to MARTA

Property Details

Home Type

Other

Est. Annual Taxes

$3,821

Year Built

1969

Lot Details

0

Listing Details

  • District: 4
  • Special Features: None
  • Year Built: 1969

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room
  • Main Floor Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Basement: Full
  • Kitchen Equipment: Dishwasher
  • Interior Amenities: Entrance Foyer, Separate Shower, Wall-to-wall Carpet
  • Laundry Type: Room
  • Unfinished Below Grade Sq Ft: 1671
  • Kitchen / Breakfast: Breakfast Area
  • Above Grade Finished Sq Ft: 2228

Exterior Features

  • Roof: Composition
  • Exterior Features: Garden Area

Garage/Parking

  • Parking: 2 Car, Carport

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Electric
  • Heating: Central
  • Water/Sewer: Public Water, Sewer Connected

Association/Amenities

  • Amenities: Sidewalks, Walk To Marta

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Dunaire / Dekalb / Dekalb County, GA
  • Middle School: Freedom / Dekalb / Dekalb County, GA
  • High School: Clarkston / Dekalb / Dekalb County, GA

Lot Info

  • Lot Description: Sloping
  • Lot Size: 1/3 - 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Gebremariam Muluken A
Bought by
Gebremariam Muluken A and Basazinew Hiwot Y
Current Estimated Value
$326,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$209,190
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$126,040

Purchase Details

Listed on
Feb 17, 2016
Closed on
Apr 6, 2016
Sold by
Us Department Of Housing And Urban Devel
Bought by
Kinfegebral Lisanu W
Seller's Agent
Jenice Brinkley
The Brinkley Realty Group LLC
Buyer's Agent
John And Susan Seay
Crye-Leike, Realtors
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.51%

Purchase Details

Closed on
Apr 3, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Nov 5, 1998
Sold by
Overman Ana Maria
Bought by
Toatley Darryl E and Young Sid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,922
Interest Rate
6.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gebremariam Muluken A $240,000 --
Gebremariam Muluken A $240,000 --
Kinfegebral Lisanu W $75,000 --
Secretary Of Housing And Urban Developme -- --
Jpmorgan Chase Bank National A -- --
Toatley Darryl E $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gebremariam Muluken A $228,000
Closed Gebremariam Muluken A $228,000
Previous Owner Zakai Mohammad J $152,000
Previous Owner Zakai Mohammad J $48,800
Previous Owner Zakai Mohammad J $77,200
Previous Owner Toatley Darryl E $116,922
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2016 04/06/16 Sold $75,000 -6.3% $34 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $80,000 0.0% $36 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $80,000 -- $36 / 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 $3,821 $113,880 $25,200 $88,680
2022 $4,564 $96,000 $14,200 $81,800
2021 $2,061 $66,520 $15,760 $50,760
2020 $1,890 $58,880 $9,120 $49,760
2019 $1,835 $57,240 $9,120 $48,120
2018 $2,271 $56,680 $9,120 $47,560
2017 $1,008 $29,968 $5,448 $24,520
2016 $2,578 $50,400 $9,120 $41,280
2014 $2,445 $46,240 $9,120 $37,120
Source: Public Records

Agents Affiliated with this Home

  • Jenice Brinkley

    Seller's Agent in 2016

    Jenice Brinkley

    The Brinkley Realty Group LLC

    (404) 597-9178

    3 in this area

    40 Total Sales

    Jenice Brinkley
    Section Image
  • Percy Brinkley

    Seller Co-Listing Agent in 2016

    Percy Brinkley

    The Brinkley Realty Group LLC

    (404) 597-9196

    4 in this area

    32 Total Sales

    Percy Brinkley
    Section Image
  • John And Susan Seay

    Buyer's Agent in 2016

    John And Susan Seay

    Crye-Leike

    (770) 617-7801

    5 in this area

    34 Total Sales

    John And Susan Seay
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07590423

Georgia MLS

APN: 18-042-08-015

Georgia DeKalb County Stone Mountain 30083 Stone Mountain

551 Rays Rd, Stone Mountain, GA

This home is located at 551 Rays Rd, Stone Mountain, GA 30083 since 17 February 2016 and is currently estimated at $326,192, approximately $146 per square foot. This property was built in 1969. 551 Rays Rd is a home located in DeKalb County with nearby schools including Dunaire Elementary School, Freedom Middle School, and Clarkston High School.

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