NOT LISTED FOR SALE

5727 Wells Cir Stone Mountain, GA 30087

Estimated Value: $158,000 - $174,000

2 Beds
2.5 Baths
1,160 Sq Ft
$142/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $58,000 $50 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,217/month

9 Days on Market

Highlights

  • Formal Dining Room
  • Laundry Room
  • Central Air
  • Open to Family Room
  • Accessible Entrance
  • Ceiling Fan

About This Home

As of May 2017

INVESTOR SPECIAL! Solid performing townhome with a tenant that has been in place for 2 years and would like to remain in place. This townhome community doesn't have a rent restriction and there is no HOA fee! The tenant has a Housing Authority (sec8) voucher and 100% of the rent is covered by the Housing Authority. The rent is $740 a month, but you could easily get more.

Last Agent to Sell the Property

Terrence Wright

Wright Real Estate License #304989 Listed on: 04/11/2017

Last Buyer's Agent

Tonya Jones

HomeSmart License #273719

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,118

Year Built

  • Built in 1987

Lot Details

  • Two or More Common Walls
  • Front Yard

Parking

  • Parking Lot

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,160 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Family Room
  • Formal Dining Room
  • Carpet
  • Open Access
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Bathtub and Shower Combination in Primary Bathroom

Accessible Home Design

  • Accessible Entrance

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • The Wells Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18 020 09 138

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,118

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 1987
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Factory Built, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator
  • Interior Amenities: High Speed Internet
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Laminate Counters, Pantry, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1160.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Split Bedroom Plan
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Security: Open Access
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Subdivision Complex: The Wells

Lot Info

  • Lot Features: Front Yard
  • Parcel Number: 18 020 09 138
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 1118.00
  • Tax Year: 2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2017
Closed on
May 5, 2017
Sold by
Lake Rennard
Bought by
Eclips Re Asset Management Llc
Seller's Agent
Terrence Wright
Wright Real Estate
Buyer's Agent
Tonya Jones
HomeSmart
List Price
$61,500
Sold Price
$58,000
Premium/Discount to List
-$3,500
-5.69%
Current Estimated Value
$173,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,483
Avg. Annual Appreciation
12.81%

Purchase Details

Closed on
Aug 25, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lake Rennard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,900
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2008
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 20, 2006
Sold by
Spring Karen E
Bought by
Dimasi Leonardo N and Dimasi Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 1998
Sold by
Wheeler Harrold B
Bought by
Spring John J
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
Eclips Re Asset Management Llc $58,000 --
Lake Rennard -- --
Federal Home Loan Mortgage Corporation -- --
Wells Fargo Bank Na $75,664 --
Dimasi Leonardo N $90,000 --
Spring John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lake Rennard $25,900
Previous Owner Dimasi Leonardo N $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $58,000 -5.7% $50 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $61,500 -- $53 / 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
2025 $3,656 $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 $1,212 $20,000 $3,600 $16,400
2019 $1,212 $20,000 $3,600 $16,400
2018 $979 $20,000 $3,600 $16,400
2017 $980 $14,120 $4,000 $10,120
2016 $1,118 $17,720 $1,920 $15,800
2014 $673 $7,480 $2,080 $5,400
Source: Public Records

Agents Affiliated with this Home

  • Terrence Wright

    Seller's Agent in 2017

    Terrence Wright

    Wright Real Estate

    (404) 213-7273

    2 in this area

    27 Total Sales

    Terrence Wright
    Section Image
  • Tonya Jones

    Buyer's Agent in 2017

    Tonya Jones

    HomeSmart

    (770) 369-5483

    7 in this area

    36 Total Sales

    Tonya Jones
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5832110

First Multiple Listing Service (FMLS)

APN: 18-020-09-138

Georgia DeKalb County Stone Mountain 30087

5727 Wells Cir, Stone Mountain, GA

Not Listed for Sale

Townhouses

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