NOT LISTED FOR SALE

5526 Mountain Springs Cir Stone Mountain, GA 30088

Estimated Value: $112,000 - $162,064

2 Beds
2 Baths
1,566 Sq Ft
$18/mo HOA Fee

Last Sold January 23, 2023

Last sale price $100,000 $64 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $909/month

8 Days on Market

Highlights

  • Property is near public transit
  • Walk-In Closet
  • 1-Story Property
  • Sun or Florida Room
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of January 2023

2nd floor unit with sun room. Spacious interior and huge walk in closets. Small Community self managed HOA which allows rentals. Cash or conventional financing only. Price is firm and reflects cosmetic repairs needed.

Last Agent to Sell the Property

Amy McCoy

My Hometown Realty Group License #277032 Listed on: 12/04/2022

My Hometown Realty Group

Last Buyer's Agent

Bridget Ochei

Virtual Properties Realty.com License #361930

Virtual Properties Realty.com

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $860

Year Built

  • Built in 1985

Lot Details

  • 0.46

HOA Fees

  • $18 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Factory Built Fireplace
  • Family Room with Fireplace
  • Sun or Florida Room
  • Laundry closet

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Home Security

Parking

  • 2 Parking Spaces
  • Parking Pad

Schools

  • Redan Elementary And Middle School
  • Redan High School

Additional Features

  • Two or More Common Walls
  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Block 4

Community Details

Overview

  • $220 Initiation Fee
  • Association fees include trash, ground maintenance, management fee
  • Mid-Rise Condominium
  • Mountain Springs Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$860

Year Built

Built in 1985

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Property Type: Residential
  • District: 4
  • Section: 4
  • Year Built: 1985
  • ArchitecturalStyle: Other
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .46
  • Property Sub-Type: Condominium
  • Structure Type: Mid Rise
  • Total Finished Area2: 1566
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Oven/Range (Combo), Refrigerator
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1566
  • Above Grade Finished Sq Ft: 1566
  • Interior Amenities: Tile Bath, Walk-In Closet(s), Roommate Plan
  • Full Bathrooms: 2
  • Fireplace Features: Family Room, Factory Built
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 63.86

Beds/Baths

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

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Concrete
  • ExteriorFeatures: Other
  • Foundation Details: Slab
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 220
  • Association: Yes
  • Community Features: Street Lights, Walk To Public Transit

Fee Information

  • Initiation Fee: 220
  • Association Fee Includes: Trash, Maintenance Grounds, Management Fee

Schools

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

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 860

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2022
Closed on
Jan 23, 2023
Sold by
Shirim Llc
Bought by
Ochei Bridget and Ochei Godwin P
Seller's Agent
Amy McCoy
My Hometown Realty Group
Buyer's Agent
Bridget Ochei
Virtual Properties Realty.com
List Price
$90,000
Sold Price
$100,000
Premium/Discount to List
$10,000
11.11%
Total Days on Market
8
Views
188
Current Estimated Value
$140,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,266
Avg. Annual Appreciation
12.88%

Purchase Details

Closed on
Dec 14, 2016
Sold by
Hollywood & 24 Llc
Bought by
Shirim Llc

Purchase Details

Closed on
Oct 31, 2016
Bought by
Neish Beverly

Purchase Details

Closed on
Oct 28, 2016
Sold by
Tax Deed Professionals Llc
Bought by
Hollywood 24 Llc

Purchase Details

Closed on
Sep 25, 2016
Sold by
Beverly
Bought by
Tax Deed Professionals Llc

Purchase Details

Closed on
Oct 26, 1999
Sold by
Gordon Gwendolyn
Bought by
Neish Beverly

Purchase Details

Closed on
Aug 9, 1996
Sold by
Capp Henry J
Bought by
Gordon Gwendolyn
Source: Public Records

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
Ochei Bridget $100,000 --
Shirim Llc $82,000 --
Neish Beverly $28,180 --
Hollywood 24 Llc $44,000 --
Tax Deed Professionals Llc -- --
Neish Beverly $73,000 --
Gordon Gwendolyn $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neish Beverly $97,000
Previous Owner Neish Beverly $5,000
Closed Gordon Gwendolyn $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $100,000 +11.1% $64 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
12/04/2022 12/04/22 For Sale $90,000 -- $57 / 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
2024 $1,802 $40,000 $7,720 $32,280
2023 $1,802 $49,200 $10,000 $39,200
2022 $1,427 $31,960 $3,200 $28,760
2021 $860 $19,040 $3,200 $15,840
2020 $860 $19,040 $3,200 $15,840
2019 $863 $19,120 $3,200 $15,920
2018 $758 $19,120 $3,200 $15,920
2017 $856 $18,400 $3,200 $15,200
2016 $715 $15,640 $640 $15,000
2014 $622 $13,200 $640 $12,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10114066

Georgia MLS

APN: 16-061-13-009