$205,000
SOLD OCT 1, 2019

5812 Old Stone Mountain Rd Stone Mountain, GA 30087

5 Beds
3 Baths
2,326 Sq Ft
1 Acres

Recently Sold

$88 Per Sq Ft

18% Below List Price

17 Days on Market

Highlights

  • In Ground Pool
  • Private Lot
  • Ranch Style House
  • 1 Acre Lot
  • Wooded Lot
  • Second Story Great Room

About This Home

As of November 2020

Public Remarks : Calling All Investors!! Solid capital investment yields significant capital gain. 5 bedrooms ( 2 on terrace) and 3 bath ranch in Great Smoke Rise location in Stone Mountain. Master on Main. Large open family room. 2 car attached garage. Brand New HVAC. Newer roof; Sauna room downstairs. In ground pool with hot tub. 1 Acre Private Lot. Investor Only! This offering is not for your retail buyers.

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 08/12/2019

Mark Spain Real Estate

Co-Listed By

Brantley Evans

Mark Spain Real Estate License #381118

Last Buyer's Agent

Naimah Williams

Keller Wms Re Atl Midtown License #264278

Keller Wms Re Atl Midtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,808

Year Built

  • Built in 1974

Lot Details

  • 1 Acre Lot
  • Back Yard Fenced
  • Private Lot
  • Wooded Lot
  • Garden

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 2,326 Sq Ft Home
  • Ceiling height of 10 feet on the main level
  • Second Story Great Room
  • Family Room

Kitchen

  • Open to Family Room
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • Attached Garage
  • 2 Carport Spaces

Outdoor Features

  • In Ground Pool
  • Front Porch

Schools

  • Smoke Rise Elementary School
  • Tucker Middle School
  • Tucker High School

Listing and Financial Details

  • Assessor Parcel Number 18 175 02 014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,808

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1974
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Interior Amenities: High Ceilings 10 ft Main, High Ceilings 9 ft Main, Walk-In Closet(s)
  • Basement: Exterior Entry, Finished, Interior Entry, Partial
  • Kitchen Features: Cabinets Stain, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 2 Story
  • Square Footage: 2326.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Lower Bedrooms: 2
  • Main Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Frame
  • Fencing: Back Yard
  • Patio And Porch Features: Front Porch
  • Exterior Features: Garden
  • Pool Features: In Ground

Garage/Parking

  • Carport or Garage: 2
  • Number of Carport Spaces: 2
  • Parking Features: Attached, Carport

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Electric: None

Schools

  • Elementary School: Smoke Rise
  • Middle School: Tucker
  • High School: Tucker

Lot Info

  • Acres: 1.0000
  • Deed Book: 23559
  • Deed Page: 450
  • Lot Features: Private, Wooded
  • Parcel Number: 18 175 02 014
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3808.00
  • Assessor Parcel Number: 18-175-02-014
  • Close Date: 2019-10-01
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Smoke Rise
  • High School: Tucker
  • Middle School: Tucker

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 2, 2020
Sold by
Alpha City Properties Inc
Bought by
Burwell Shana S
Seller's Agent
Naimah Williams
Keller Wms Re Atl Midtown
Buyer's Agent
Stephanie Figueroa
Team One Realty Partners, LLC
List Price
$495,999
Sold Price
$483,000
Premium/Discount to List
-$12,999
-2.62%
Current Estimated Value
$606,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,710
Avg. Annual Appreciation
5.13%
Original Mortgage
$483,000
Outstanding Balance
$432,422
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$180,068

Purchase Details

Listed on
Aug 12, 2019
Closed on
Oct 1, 2019
Sold by
Cook Travis Allen
Bought by
Alpha City Properties Inc
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Naimah Williams
Keller Wms Re Atl Midtown
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.51%
Original Mortgage
$250,200
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2013
Sold by
Cook Tenise Alexandra
Bought by
Cook Taryn Allysse and Cook Travis Allen
Source: Public Records

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Range of Values:

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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 $483,000 --
Warranty Deed $205,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $117,722 VA
Open $483,000 VA
Previous Owner $250,200 Commercial
Previous Owner $160,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $483,000 -2.6% $129 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $495,999 +142.0% $132 / Sq Ft
10/01/2019 10/01/19 Sold $205,000 -14.6% $88 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/23/2019 08/23/19 Price Changed $240,000 -4.0% $103 / Sq Ft
08/12/2019 08/12/19 For Sale $250,000 -- $107 / 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 $2,261 $193,120 $40,480 $152,640
2022 $2,100 $177,320 $26,640 $150,680
2021 $1,296 $140,520 $26,640 $113,880
2020 $3,892 $82,000 $21,560 $60,440
2019 $4,351 $92,600 $23,800 $68,800
2018 $4,146 $93,480 $23,800 $69,680
2017 $3,808 $79,280 $26,840 $52,440
2016 $4,378 $92,000 $26,840 $65,160
2014 $3,411 $68,400 $26,760 $41,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6600901

First Multiple Listing Service (FMLS)

APN: 18-175-02-014