NOT LISTED FOR SALE

6433 Stone Way Morrow, GA 30260

Estimated Value: $147,861 - $154,000

2 Beds
1.5 Baths
1,632 Sq Ft
$93/Sq Ft Est. Value

Sale Details

Date Sold: November 3, 2023

Last sale price $120,000 $74 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,178 / mo

20 Days on Market

Highlights

  • Deck
  • Beamed Ceilings
  • Balcony
  • Solid Surface Countertops
  • Formal Dining Room
  • Crown Molding

About This Home

As of November 2023

Attention investors! This 2-bedroom, 1.5-bathroom townhouse, built in 1972, is a prime investment opportunity! With no rental restrictions, you have the flexibility to rent out the property and capitalize on the market rent potential of $1200-$1400.

The townhouse is in need of updating, but with a little investment and renovation, you can increase the rental value and maximize your return on investment. The finished basement provides additional living space and adds value to the property.

The location of the townhouse is perfect for renters, with easy access to local amenities and transportation. With a little TLC, this property has the potential to be a highly profitable investment.

Don't let this opportunity pass you by! Contact us today to schedule a viewing and take the first step in securing a strong rental property investment.

Last Agent to Sell the Property

Kahlil Priddie

Georgia Properties Consultants of Atlanta, LLC License #397305 Listed on: 09/12/2023

Last Buyer's Agent

Menecia Jackson

Keller Williams Realty Cityside License #386783

Keller Williams Realty Cityside

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 1972

Lot Details

  • Two or More Common Walls
  • Privacy Fence
  • Fenced
  • Back Yard

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Insulated Windows
  • Formal Dining Room
  • Finished Basement
  • Fireplace in Basement

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Balcony
  • Deck

Schools

  • Morrow Elementary School
  • Babb Middle School
  • Morrow High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12114C A002 O07
  • Tax Block O

Community Details

Overview

  • Wood Stone Subdivision

Security

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,032

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

HOA Fees

$220 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: WOOD STONE
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 1972
  • Levels Stories: Three Or More
  • Above Grade Finished Sq Ft: 1088.00
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Fireplace Features: Basement
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Beamed Ceilings, Crown Molding
  • Basement: Finished
  • Kitchen Features: Pantry, Solid Surface Counters
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1632.00
  • Spa Features: None
  • Window Features: Insulated Windows
  • Below Grade Finished Sq Ft: 544.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Wood Siding
  • Roof Type: Shingle
  • Fencing: Fenced, Privacy
  • Patio And Porch Features: Deck
  • Exterior Features: Balcony
  • Foundation: Concrete Perimeter, Slab

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Upper Floor
  • Utilities: Cable Available, Electricity Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Trash
  • Association Fee: 220
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Wood Stone

Association/Amenities

  • Number Of Units In Community: 1

Lot Info

  • Lot Features: Back Yard
  • Lot Dimensions: X
  • Parcel Number: 12114C A002 O07
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Thermostat
  • Green Energy Generation: None

Tax Info

  • Taxes: 1032.00
  • Tax Year: 2021

MLS Schools

  • Elementary School: Morrow
  • High School: Morrow
  • Middle School: Babb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Nov 3, 2023
Sold by
Williams Arkia Allen
Bought by
Johnson Vanessa
Seller's Agent
Kahlil Priddie
Georgia Properties Consultants of Atlanta, LLC
Buyer's Agent
Menecia Jackson
Keller Williams Realty Cityside
List Price
$120,999
Sold Price
$120,000
Premium/Discount to List
-$999
-0.83%
Views
72
Current Estimated Value
$152,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,215
Avg. Annual Appreciation
10.15%
Original Mortgage
$108,000
Outstanding Balance
$105,834
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$46,381

Purchase Details

Closed on
Aug 18, 2021
Sold by
Patel Vipul
Bought by
Williams Arkia Allen and Augustin Richard M

Purchase Details

Closed on
Sep 1, 2020
Sold by
Allen Arika
Bought by
Patel Vipul

Purchase Details

Closed on
Apr 6, 2012
Sold by
Allen Arika
Bought by
Allen Arika and Augustin Richard M

Purchase Details

Closed on
Mar 9, 2012
Sold by
Heritage Capital Resources
Bought by
Hcr01010 Llc

Purchase Details

Closed on
Jul 7, 2011
Sold by
Wells Fargo Bk Na
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Jul 5, 2011
Sold by
Reid Sheran R
Bought by
Wells Fargo Bk Na

Purchase Details

Closed on
Dec 6, 2005
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Sep 15, 1998
Sold by
Smith Ruth H
Bought by
May Brian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,800
Interest Rate
6.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Johnson Vanessa $120,000 --
Williams Arkia Allen $33,000 --
Patel Vipul $27,500 --
Allen Arika -- --
Allen Arkia $11,800 --
Hcr01010 Llc -- --
Federal Natl Mtg Assn Fnma -- --
Wells Fargo Bk Na $38,416 --
Hud -- --
Citimortgage Inc $61,680 --
May Brian L $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Vanessa $108,000
Previous Owner May Brian L $38,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $120,000 0.0% $74 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $119,999 -0.8% $74 / Sq Ft
09/12/2023 09/12/23 For Sale $120,999 -- $74 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $1,885 $45,240 $3,200 $42,040
2024 $1,797 $42,400 $3,200 $39,200
2023 $6,011 $34,960 $3,200 $31,760
2022 $1,032 $24,000 $3,200 $20,800
2021 $906 $20,680 $3,200 $17,480
2020 $666 $18,975 $3,200 $15,775
2019 $618 $17,371 $3,200 $14,171
2018 $574 $16,112 $3,200 $12,912
2017 $427 $11,963 $3,200 $8,763
2016 $47 $11,319 $3,200 $8,119
2015 $51 $0 $0 $0
2014 $418 $12,024 $4,000 $8,024
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7274284

First Multiple Listing Service (FMLS)

APN: 12-0114C-00A-0020-O07

Your Personal Tour Guide

Ask me questions while you tour the home.