NOT LISTED FOR SALE

5725 Wells Cir Stone Mountain, GA 30087

Estimated Value: $161,000 - $177,113

2 Beds
2.5 Baths
1,160 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $175,000 $151 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,092/month

128 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Double Pane Windows
  • Traditional Architecture
  • Breakfast Area or Nook
  • Patio

About This Home

As of September 2024

Perfect for Investors and first time homeowners! Light filled Townhome near Stone Mountain Park and easy access to I-20. New Roof 2024! Open concept main level with gas fireplace in family room, and breakfast bar with separate dining area and half bath for guests. Second floor features large master bedroom and bath and roomate floor plan with guest room opposite Master bedroom. Each bedroom has its own full bath, high ceilings give both bedrooms a spacious feel. NO HOA! Public transportation at community entrance. Close to dining and shopping. Ask how to get $0 down payment loan with NO private mortgage insurance!

Last Agent to Sell the Property

Cindy Powell

Atlanta Communities Brokerage Phone: 6786183013 License #375713 Listed on: 04/12/2024

Atlanta Communities

Last Buyer's Agent

Joy Evans

Joy Evans Realty LLC License #240055

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,110

Year Built

  • Built in 1987

Lot Details

  • 1,742 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Back Yard Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture
  • Garden Home
  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,160 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Laundry on upper level

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio

Schools

  • Shadow Rock Elementary School
  • Redan Middle School
  • Redan High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • The Wells Subdivision

Listing and Financial Details

  • Legal Lot and Block 70 / A

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,110

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Section: 2
  • Year Built: 1987
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Other
  • Levels: Two
  • Lot Size Acres: .04
  • Property Sub-Type: Townhouse
  • Structure Type: Garden/Patio Home
  • Total Finished Area2: 1160
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1160
  • Above Grade Finished Sq Ft: 1160
  • Interior Amenities: Other, Roommate Plan
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Gas Starter
  • Flooring: Carpet, Laminate
  • Kitchen Features: Breakfast Area
  • Window Features: Double Pane Windows

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: 2+ Common Walls, No One Above
  • Construction Materials: Concrete
  • Fencing: Back Yard
  • Foundation Details: Slab
  • Lot Features: None
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Over 1 Space per Unit
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas 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: Shadow Rock
  • High School: Redan
  • Middle School: Redan

Lot Info

  • Land Lot: 20
  • Lot: 70

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Sep 30, 2024
Sold by
Biswas Mohammed
Bought by
Lodge Sandra L
Seller's Agent
Cindy Powell
Atlanta Communities
Buyer's Agent
Joy Evans
Joy Evans Realty LLC
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%
Views
82
Current Estimated Value
$169,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,472
Avg. Annual Appreciation
-2.57%
Original Mortgage
$157,500
Outstanding Balance
$155,689
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$13,839

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 7, 2023
Sold by
Williams Murray J
Bought by
Biswas Mohammed and Rubaiyat Sharmin
Seller's Agent
Denise Winston
Orchard Brokerage, LLC
Buyer's Agent
Cindy Powell
Atlanta Communities
List Price
$185,000
Sold Price
$185,000
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.06%
Original Mortgage
$138,750
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lodge Sandra L $175,000 --
Biswas Mohammed $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lodge Sandra L $157,500
Previous Owner Biswas Mohammed $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $175,000 0.0% $151 / Sq Ft
08/18/2024 08/18/24 Pending -- -- --
08/17/2024 08/17/24 Price Changed $175,000 -5.4% $151 / Sq Ft
06/18/2024 06/18/24 Price Changed $185,000 -5.1% $159 / Sq Ft
04/12/2024 04/12/24 For Sale $195,000 +5.4% $168 / Sq Ft
09/07/2023 09/07/23 Sold $185,000 0.0% $159 / Sq Ft View Prior Sale
08/31/2023 08/31/23 For Sale $185,000 0.0% $159 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $185,000 -- $159 / 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
2025 $2,415 $73,400 $10,000 $63,400
2024 $3,588 $71,960 $10,000 $61,960
2023 $3,588 $62,280 $10,000 $52,280
2022 $2,429 $47,720 $6,400 $41,320
2021 $1,992 $37,760 $6,400 $31,360
2020 $1,727 $31,720 $6,400 $25,320
2019 $1,656 $30,120 $6,400 $23,720
2018 $578 $22,200 $4,000 $18,200
2017 $430 $14,120 $4,000 $10,120
2016 $547 $17,720 $1,920 $15,800
2014 $347 $7,320 $1,920 $5,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10280986

Georgia MLS

APN: 18-020-09-137