NOT LISTED FOR SALE

5848 Old Stone Mountain Rd Stone Mountain, GA 30087

Estimated Value: $476,000 - $572,000

4 Beds
3.5 Baths
4,674 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $390,000 $83 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,916/month

67 Days on Market

Highlights

  • 3.3 Acre Lot
  • Private Lot
  • Wooded Lot
  • Deck
  • Family Room with Fireplace
  • Ranch Style House

About This Home

As of January 2023

HARD TO FIND - 3.3 ACRE PROPERTY IN SMOKE RISE AREA. You will love escaping to this beautiful, large, wooded, semi-private lot. The setting feels much like a mountain cabin but is still so close to all that Atlanta has to offer. The home is a diamond in the rough and will need quite a bit of work. Call to schedule an appointment today and feel free to bring your contractor with you.

Last Agent to Sell the Property

Heath Hunt

Keller Williams Realty Atl. Partners License #422263 Listed on: 10/13/2022

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Tommy Ngo

Redfin Corporation License #368055

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,509

Year Built

  • Built in 1974

Lot Details

  • 3.3 Acre Lot
  • Private Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • Side or Rear Entrance to Parking

Home Design

  • Ranch Style House
  • Fixer Upper
  • Brick Frame
  • Composition Roof

Interior Spaces

  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Open Access
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,509

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • ArchitecturalStyle: Brick/Frame, Ranch
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: 3.30
  • Other Sturctures: Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 4674
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Bedrooms: 4
  • Dining Room Features: Separate Room
  • Basement: Bath Finished, Daylight, Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 2161
  • Total Finished Sq Ft: 2513
  • Unfinished Below Grade Sq Ft: 352
  • Above Grade Finished Sq Ft: 2513
  • Interior Amenities: Pulldown Attic Stairs, Master On Main Level
  • Accessibility Features: Accessible Approach with Ramp
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Basement, Family Room
  • Flooring: Hardwood, Carpet, Laminate

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other
  • Lot Features: Private, Sloped
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Parking Features: Side/Rear Entrance

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Other
  • Security Features: Open Access
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

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

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5509

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Jan 9, 2023
Sold by
Thai Doanh Bao
Bought by
Thai Doanh Bao and Thai Cuong Quoc
Seller's Agent
Heath Hunt
Keller Williams Realty Atl. Partners
Buyer's Agent
Tommy Ngo
Redfin Corporation
List Price
$485,000
Sold Price
$390,000
Premium/Discount to List
-$95,000
-19.59%
Views
99
Current Estimated Value
$519,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,144
Avg. Annual Appreciation
10.44%
Original Mortgage
$312,000
Outstanding Balance
$301,523
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$217,621

Purchase Details

Closed on
Oct 23, 2015
Sold by
Andrus Gayle
Bought by
Lane Jessica

Purchase Details

Closed on
Oct 1, 2015
Sold by
Andrus Gayle Reams
Bought by
Andrus Gayle

Purchase Details

Closed on
Mar 29, 2012
Sold by
Andrus Gayle
Bought by
Andrus Gayle Reams and Andrus Gayle Reams Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 1997
Sold by
Britt W Clark
Bought by
Andrus Gayle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thai Doanh Bao -- --
Thai Doanh Bao $390,000 --
Lane Jessica $290,000 --
Andrus Gayle -- --
Andrus Gayle Reams -- --
Andrus Gayle -- --
Andrus Gayle R $214,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thai Doanh Bao $312,000
Previous Owner Andrus Gayle $162,000
Previous Owner Andrus Gayle R $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2023 01/09/23 Sold $390,000 -10.3% $83 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/09/2022 12/09/22 Price Changed $435,000 -3.3% $93 / Sq Ft
11/03/2022 11/03/22 Price Changed $450,000 -7.2% $96 / Sq Ft
10/13/2022 10/13/22 For Sale $485,000 -- $104 / 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 $2,087 $208,680 $78,160 $130,520
2024 $2,116 $156,000 $60,040 $95,960
2023 $2,116 $207,680 $77,240 $130,440
2022 $8,140 $179,760 $84,960 $94,800
2021 $5,822 $124,640 $84,960 $39,680
2020 $5,377 $116,000 $69,600 $46,400
2019 $5,372 $116,000 $69,600 $46,400
2018 $4,468 $128,160 $76,520 $51,640
2017 $4,844 $102,760 $44,680 $58,080
2016 $4,997 $105,200 $44,680 $60,520
2014 $2,109 $64,040 $23,680 $40,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10100742

Georgia MLS

APN: 18-175-02-004