$187,500
SOLD DEC 27, 2024

5546 Redan Rd Stone Mountain, GA 30088

9 Beds
3 Baths
1,308 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$143 Per Sq Ft

10% Below List Price

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Solid Surface Countertops
  • Porch

About This Home

As of December 2024

Vacant boarded up property for the savvy buyer. Formerly set up for co-living generating $5000-$6000 in rents per month. Set up for 9 rooms, with common areas converted into additional rooms for flexibility and income potential for the buyer. On major arterial road - ideal for transit access. Priced with over $40,000 in instant equity. Currently boarded up and utilities won't be on. Cash or Hard Money only.

Last Agent to Sell the Property

Josh Stanton

Keller Williams Realty License #379772 Listed on: 12/06/2024

Keller Williams Realty

Last Buyer's Agent

Ivan Alfaro

Wynd Realty Georgia License #382460

Wynd Realty Georgia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,314

Year Built

  • Built in 1986

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,308 Sq Ft Home
  • Multi-Level Property
  • Fire and Smoke Detector
  • Laundry in Hall

Kitchen

  • Microwave
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Split Bedroom Floorplan

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Panola Way Elementary School
  • Miller Grove Middle School
  • Redan High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Kellys Pointe Subdivision

Listing and Financial Details

  • Legal Lot and Block 20 / B

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,314

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 16
  • Year Built: 1986
  • ArchitecturalStyle: Traditional
  • Financing Type: Cash
  • Levels: Multi/Split
  • Lot Size Acres: .16
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1308
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Refrigerator
  • Bedrooms: 9
  • Basement: None
  • Total Finished Sq Ft: 1308
  • Above Grade Finished Sq Ft: 1308
  • Interior Amenities: Split Bedroom Plan
  • Full Bathrooms: 3
  • Flooring: Hardwood, Laminate
  • Kitchen Features: Solid Surface Counters
  • Price Per Square Foot: 143.348

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Lower Level: 4
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Wood Siding
  • Foundation Details: Block
  • Lot Features: Other
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Hall
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Panola Way
  • High School: Redan
  • High School Bus: Yes
  • Middle School: Miller Grove
  • Middle School Bus: Yes
  • Elementary School: Panola Way
  • Middle School: Miller Grove
  • High School: Redan

Lot Info

  • Land Lot: 35
  • Lot: 20
  • Deed Book: 29512
  • Deed Page: 137
  • Plat Book: 80
  • Plat Page: 46

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3314

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2024
Closed on
Dec 23, 2024
Sold by
Ps Heyman Llc
Bought by
Boswell Homes Llc
Seller's Agent
Josh Stanton
Keller Williams Realty
Buyer's Agent
Ivan Alfaro
Wynd Realty Georgia
List Price
$209,000
Sold Price
$187,500
Premium/Discount to List
-$21,500
-10.29%
Total Days on Market
5
Views
62
Current Estimated Value
$200,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,162
Avg. Annual Appreciation
6.37%

Purchase Details

Listed on
May 27, 2021
Closed on
Jun 17, 2021
Sold by
Chow Rebecca S
Bought by
Psatl64 5546 Redan Rd Llc
Seller's Agent
TING WANG
Landmark Commercial & Residential
Buyer's Agent
Clifton Floyd
Cornerstone Real Estate Partners
List Price
$184,900
Sold Price
$185,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.38%

Purchase Details

Closed on
Jul 29, 2011
Sold by
Green Sandra M
Bought by
Chow Henry and Chow Rebecca S

Purchase Details

Closed on
Jul 12, 2006
Sold by
Green Sandra M
Bought by
Green Michael C and Green Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
6.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 21, 2004
Sold by
Sonubi Adebanjo
Bought by
Green Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,520
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2003
Sold by
Chase Manhattan Mtg Corp
Bought by
Sonubi Adebanjo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2003
Sold by
Chase Manhattan Mtg
Bought by
Fed Natal Mtg Assoc

Purchase Details

Closed on
Mar 7, 2001
Sold by
Toombs Darrell L
Bought by
Toombs Darrell L and Toombs Kim L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,450
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2001
Sold by
Keaton Michael J
Bought by
Toombs Darrell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,450
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 1994
Sold by
Federal National Mortgage Association
Bought by
Keaton Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,450
Interest Rate
8.84%
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 Type Sale Price Title Company
Warranty Deed $187,500 --
Warranty Deed $185,000 --
Warranty Deed $30,000 --
Quit Claim Deed -- --
Deed $111,900 --
Deed $82,000 --
Quit Claim Deed -- --
Foreclosure Deed $110,000 --
Quit Claim Deed -- --
Deed $101,500 --
Deed $68,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 New Conventional
Previous Owner $19,500 Stand Alone Second
Previous Owner $89,520 New Conventional
Previous Owner $73,800 New Conventional
Previous Owner $98,450 New Conventional
Previous Owner $65,450 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $187,500 -10.3% $143 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
12/06/2024 12/06/24 For Sale $209,000 +13.0% $160 / Sq Ft
06/17/2021 06/17/21 Sold $185,000 +0.1% $154 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $184,900 0.0% $154 / Sq Ft
10/23/2018 10/23/18 Rented $975 0.0% --
10/19/2018 10/19/18 Under Contract -- -- --
10/09/2018 10/09/18 Price Changed $975 +2.6% $1 / Sq Ft
10/08/2018 10/08/18 For Rent $950 0.0% --
02/08/2018 02/08/18 Rented $950 0.0% --
02/05/2018 02/05/18 For Rent $950 +11.8% --
05/05/2013 05/05/13 Rented $850 0.0% --
05/05/2013 05/05/13 For Rent $850 -- --
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 $3,864 $78,760 $5,600 $73,160
2023 $3,864 $67,440 $5,600 $61,840
2022 $2,706 $54,520 $5,600 $48,920
2021 $2,221 $43,480 $5,600 $37,880
2020 $1,988 $38,160 $5,600 $32,560
2019 $1,883 $35,760 $5,600 $30,160
2018 $1,459 $34,080 $5,600 $28,480
2017 $1,603 $28,400 $5,600 $22,800
2016 $1,098 $17,760 $5,683 $12,077
2014 $856 $17,760 $5,600 $12,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10423594

Georgia MLS

APN: 16-035-02-041