NOT LISTED FOR SALE

5541 Mountain Springs Cir Stone Mountain, GA 30088

Estimated Value: $125,000 - $161,533

2 Beds
2 Baths
1,566 Sq Ft
$300/mo HOA Fee

Last Sold March 23, 2023

Last sale price $105,000 $67 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,219/month

31 Days on Market

Highlights

  • Open-Concept Dining Room
  • Wooded Lot
  • Sun or Florida Room
  • View of Trees or Woods
  • 1 Fireplace
  • End Unit

About This Home

As of March 2023

This 2 bedroom, 2 bath condo is in a great location with easy access to I-20, I-285, schools and shopping. The home features an open floor plan with a large living room. Has a nice fireplace with gas starter plus a sunroom that would be great for an office. There is a spacious kitchen, laundry room, and separate dining area. Both bedrooms are huge and they each have a full bathroom and walk-in closet. There is a balcony with extra storage as well.
The property is tenant occupied on a short term lease. Do NOT disturb tenant. Shown by APPOINTMENT only.
This will be a cash sale, except the Seller may carry back a first mortgage to a qualified Buyer with a substantial down payment.

Last Listed By

andy antell

Homeland Realty Group, LLC. License #343006 Listed on: 01/24/2023

Homeland Realty Group, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,427

Year Built

  • Built in 1985

Lot Details

  • End Unit
  • Wooded Lot

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Open-Concept Dining Room
  • Sun or Florida Room
  • Views of Woods

Kitchen

  • Open to Family Room
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Kitchen
  • 220 Volts In Laundry

Home Security

Outdoor Features

  • Balcony

Location

  • Property is near schools
  • Property is near shops

Schools

  • Redan Elementary And Middle School
  • Redan High School

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16 061 13 031

Community Details

Overview

  • 32 Units
  • Mid-Rise Condominium
  • Mountain Springs Subdivision

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,427

Year Built

Built in 1985

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: 16-061-13-031 tax ID
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Mid-Rise (up to 5 stories)
  • Property Condition: Resale
  • Assessment Fee Contemplated: Yes
  • Year Built: 1985
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Vinyl
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Laminate Counters, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Family Room, Sun Room
  • Dining Room Features: Open Concept
  • Square Footage: 1566.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Split Bedroom Plan
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Exterior Features: Balcony
  • View: Trees/Woods
  • Foundation: None

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Trash, Water
  • Community Features: Near Schools, Near Shopping
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Mountain Springs

Association/Amenities

  • Number Of Units In Community: 32

Schools

  • Elementary School: Redan
  • Middle School: Redan
  • High School: Redan

Lot Info

  • Acres: 0.4591
  • Lot Features: Wooded
  • Lot Dimensions: 200 x 100
  • Parcel Number: 16 061 13 031
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1427.00
  • Assessor Parcel Number: 16-061-13-031
  • Close Date: 2023-03-23
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Mar 24, 2023
Sold by
Wang Xiaoping
Bought by
Phillips Shane Matthew
Seller's Agent
andy antell
Homeland Realty Group, LLC.
Buyer's Agent
Michael Jackson
Dwelli Inc.
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Total Days on Market
31
Views
459
Current Estimated Value
$137,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,383
Avg. Annual Appreciation
13.25%
Original Mortgage
$65,000
Outstanding Balance
$41,496
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$95,887

Purchase Details

Listed on
Jul 24, 2014
Closed on
Jul 31, 2015
Sold by
Embree David
Bought by
Wang Xiaoping
Seller's Agent
Jeff Hammer
Keller Williams Realty Atl. Partners
Buyer's Agent
andy antell
City Edge Realty LLC
List Price
$35,900
Sold Price
$25,000
Premium/Discount to List
-$10,900
-30.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.63%

Purchase Details

Listed on
Apr 11, 2013
Closed on
Mar 28, 2013
Sold by
Miller Hall Investment Grp
Bought by
Embree David
Seller's Agent
Tiffany Bastedo
Mark Spain Real Estate
Buyer's Agent
Glenda Broker
Non-Mls Company
Sold Price
$699

Purchase Details

Listed on
Aug 27, 2011
Closed on
Jan 17, 2012
Sold by
Secretary Of Housing And U
Bought by
Miller Hall Investment Grp
Seller's Agent
Mike Prewitt
Century 21 Connect Realty
Buyer's Agent
MYA BERLYANT
NOT A VALID MEMBER
List Price
$23,000
Sold Price
$14,500
Premium/Discount to List
-$8,500
-36.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.35%

Purchase Details

Closed on
May 3, 2011
Sold by
Mcdaniel William E
Bought by
Wells Fargo Bk Na

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
Phillips Shane Matthew $105,000 --
Wang Xiaoping $25,000 --
Embree David $33,000 --
Miller Hall Investment Grp $14,500 --
Wells Fargo Bk Na $31,237 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Shane Matthew $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $105,000 0.0% $67 / Sq Ft
02/23/2023 02/23/23 Price Changed $105,000 -4.5% $67 / Sq Ft
01/24/2023 01/24/23 For Sale $110,000 +340.0% $70 / Sq Ft
07/31/2015 07/31/15 Sold $25,000 0.0% $16 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
07/01/2015 07/01/15 Off Market $25,000 -- --
06/03/2015 06/03/15 Price Changed $30,000 -16.4% $19 / Sq Ft
06/03/2015 06/03/15 For Sale $35,900 0.0% $23 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
04/18/2015 04/18/15 Price Changed $35,900 -7.9% $23 / Sq Ft
04/15/2015 04/15/15 For Sale $39,000 +56.0% $25 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
04/01/2015 04/01/15 Off Market $25,000 -- --
03/24/2015 03/24/15 Price Changed $39,000 -9.3% $25 / Sq Ft
01/04/2015 01/04/15 For Sale $43,000 +72.0% $27 / Sq Ft
12/31/2014 12/31/14 Off Market $25,000 -- --
10/09/2014 10/09/14 For Sale $43,000 0.0% $27 / Sq Ft
09/20/2014 09/20/14 Pending -- -- --
08/23/2014 08/23/14 For Sale $43,000 0.0% $27 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $43,000 0.0% $27 / Sq Ft
04/11/2013 04/11/13 Rented $699 0.0% --
04/11/2013 04/11/13 For Rent $699 0.0% --
01/17/2012 01/17/12 Sold $14,500 -37.0% $9 / Sq Ft
12/18/2011 12/18/11 Pending -- -- --
08/27/2011 08/27/11 For Sale $23,000 -- $15 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $1,889 $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 $835 $18,400 $3,200 $15,200
2016 $465 $9,972 $452 $9,520
2014 $622 $13,200 $640 $12,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7167379

First Multiple Listing Service (FMLS)

APN: 16-061-13-031