$162,000
SOLD APR 11, 2025
3 Beds
2 Baths
1,596 Sq Ft
0.4 Acres

Recently Sold

$102 Per Sq Ft

22% Below List Price

92 Days on Market

Highlights

  • Ranch Style House
  • Great Room
  • Covered Patio or Porch
  • Corner Lot
  • Neighborhood Views
  • Central Heating and Cooling System

About This Home

As of April 2025

Great Investment Opportunity in Stone Mountain! This charming 3-bedroom, 2-bathroom single-family home offers an exceptional chance for the savvy buyer or investor looking to customize their dream space. Situated on a quiet street, the home features wood flooring, spacious rooms, brick fireplace and a generous lot size. The home needs quite a bit of updates and repairs to bring it up to its full potential making it ideal for investors, contractors, or homebuyers with vision and renovation experience. Priced accordingly to reflect current condition, this property offers an excellent opportunity for those willing to invest sweat equity and strategic improvements. Vacant and easy to show.Don't miss this potential gem waiting to be polished!

Last Agent to Sell the Property

Taylor Rose

NOT A VALID MEMBER License #400802 Listed on: 12/19/2024

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,892

Year Built

  • Built in 1975

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 127 x 143
  • Chain Link Fence
  • Corner Lot
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 1,596 Sq Ft Home
  • Brick Fireplace
  • Great Room
  • Neighborhood Views

Kitchen

  • Electric Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Schools

  • Eldridge L. Miller Elementary School
  • Redan Middle School
  • Redan High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Redan Trace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16 031 07 003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,892

Year Built

Built in 1975

Lot Details

0

Parking

2

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: 1975
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Laminate
  • Fireplace Features: Brick
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Kitchen Features: Cabinets Other, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Great Room
  • Square Footage: 1596.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Shower Only

Exterior Features

  • Construction Materials: Brick
  • Roof Type: Composition
  • Fencing: Chain Link
  • Patio And Porch Features: Covered
  • View: Neighborhood
  • Pool Private: No
  • Foundation: Block

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Electricity Available, Sewer Available
  • Electric: Other

Condo/Co-op/Association

  • Subdivision Complex: Redan Trace

Schools

  • Elementary School: Eldridge L. Miller
  • Middle School: Redan
  • High School: Redan

Lot Info

  • Acres: 0.4000
  • Lot Features: Back Yard, Corner Lot
  • Lot Dimensions: 127 x 143
  • Parcel Number: 16 031 07 003
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3892.00
  • Assessor Parcel Number: 16-031-07-003
  • Close Date: 2025-04-11
  • Tax Year: 2024

MLS Schools

  • Elementary School: Eldridge L. Miller
  • High School: Redan
  • Middle School: Redan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Apr 11, 2025
Sold by
Fkh Sfr Propco D Lp
Bought by
Mcdonald Shellina
Seller's Agent
Taylor Rose
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$207,000
Sold Price
$162,000
Premium/Discount to List
-$45,000
-21.74%
Views
287
Current Estimated Value
$173,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,687
Avg. Annual Appreciation
19.02%
Original Mortgage
$164,000
Outstanding Balance
$159,359
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$14,328

Purchase Details

Closed on
Jun 9, 2021
Sold by
Rntr 3 Llc
Bought by
Fkh Sfr Propco D L P

Purchase Details

Listed on
Oct 20, 2013
Closed on
Feb 27, 2014
Sold by
Shipman Jean T
Bought by
Rntr 3 Llc
Seller's Agent
DERRICK SHIPMAN
NOT A VALID MEMBER
Buyer's Agent
Julie Colquitt
Sylvan Realty, LLC.
List Price
$79,900
Sold Price
$73,000
Premium/Discount to List
-$6,900
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Listed on
May 22, 2013
Closed on
Sep 23, 2013
Sold by
Franklin Eric
Bought by
Shipman Jean T
Seller's Agent
Jo McDaniel
Jo McDaniel & Associates LLC
Buyer's Agent
Sonya Self
Jo McDaniel & Associates LLC
List Price
$49,000
Sold Price
$40,000
Premium/Discount to List
-$9,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
305.12%
Original Mortgage
$51,500
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Franklin Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2005
Sold by
Gmac Mtg Corp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 21, 1998
Sold by
Parson Edwina M
Bought by
Finch Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,235
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 1994
Sold by
Mcgrane Joseph B Rebecca
Bought by
Parson Edwina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,575
Interest Rate
8.27%
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
Limited Warranty Deed $162,000 --
Limited Warranty Deed $19,567,768 --
Warranty Deed $73,000 --
Warranty Deed $40,000 --
Quit Claim Deed -- --
Deed -- --
Foreclosure Deed $119,869 --
Deed $91,000 --
Deed $78,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $164,000 New Conventional
Previous Owner $51,500 New Conventional
Previous Owner $121,342 Stand Alone Second
Previous Owner $119,567 Stand Alone Second
Previous Owner $85,600 New Conventional
Previous Owner $21,400 Stand Alone Second
Previous Owner $116,100 Stand Alone Refi Refinance Of Original Loan
Previous Owner $10,482 Stand Alone Refi Refinance Of Original Loan
Previous Owner $90,235 FHA
Previous Owner $74,575 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $162,000 -9.0% $102 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
03/06/2025 03/06/25 Price Changed $178,000 -4.8% $112 / Sq Ft
02/21/2025 02/21/25 Price Changed $187,000 -5.1% $117 / Sq Ft
01/31/2025 01/31/25 Price Changed $197,000 -4.8% $123 / Sq Ft
12/19/2024 12/19/24 For Sale $207,000 +183.6% $130 / Sq Ft
03/01/2014 03/01/14 Sold $73,000 -8.6% $46 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
10/20/2013 10/20/13 For Sale $79,900 +99.8% $50 / Sq Ft
09/23/2013 09/23/13 Sold $40,000 0.0% $25 / Sq Ft
08/01/2013 08/01/13 Price Changed $40,000 -18.4% $25 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $49,000 -- $31 / 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
2024 $3,892 $78,080 $7,808 $70,272
2023 $3,892 $78,080 $7,808 $70,272
2022 $3,283 $78,080 $8,000 $70,080
2021 $2,997 $59,840 $8,000 $51,840
2020 $1,792 $32,400 $4,860 $27,540
2019 $1,792 $32,400 $4,860 $27,540
2018 $1,744 $32,400 $4,860 $27,540
2017 $1,623 $32,400 $4,860 $27,540
2016 $1,727 $36,120 $5,400 $30,720
2014 $1,093 $15,968 $2,408 $13,560
Source: Public Records

Agents Affiliated with this Home

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7498915

First Multiple Listing Service (FMLS)

APN: 16-031-07-003