NOT LISTED FOR SALE

973 Rays Rd Stone Mountain, GA 30083

Stone Mountain Neighborhood

Estimated Value: $276,000 - $393,000

4 Beds
2 Baths
1,540 Sq Ft
$214/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $77,000 $50 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $2,145/month

78 Days on Market

About This Home

As of May 2015

All brick sprawling one level 4 bed/2 bath home in Stone Mountain. Hardwoods. Fireplace. Great sunroom overlooking private back yard. Parking pad. Huge level 1 +/-acre lot. Needs some cosmetics, but has great potential. AS IS. No disclosure. Seller chooses attorney. Seller will not turn on utilities for inspections.

Last Listed By

Marwan Karaa

RE/MAX Metro Atlanta Cityside License #284840 Listed on: 02/16/2015

RE/MAX Metro Atlanta Cityside

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,613

Year Built

  • 1940

Lot Details

  • 1.1

Interior Spaces

  • Split Bedroom Floorplan
  • 1,540 Sq Ft Home
  • Dining Room
  • Solarium
  • Crawl Space

Utilities

  • Septic Tank

Property Details

Home Type

Other

Est. Annual Taxes

$3,613

Year Built

1940

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1940

Interior Features

  • Fireplace(s): In Living Room
  • Basement: Crawlspace
  • Kitchen Equipment: Dishwasher, Refrigerator
  • Interior Amenities: Hardwood Floors
  • Above Grade Finished Sq Ft: 1540

Exterior Features

  • Construction: Brick 4 Sided
  • Exterior Features: Deck/Patio
  • Waterfront Frontage: 0

Garage/Parking

  • Parking: Parking Pad

Utilities

  • Cooling Fuel: Electric
  • Heating: Forced Air
  • Water/Sewer: Public Water, Septic Tank

Schools

  • Elementary Bus Line: No
  • High School Bus: No
  • Middle School Bus: No

Lot Info

  • Lot Description: Level Lot, Private Backyard
  • Lot Size: 1-2 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2015
Closed on
May 29, 2015
Sold by
Lf Resources Llc
Bought by
Welday Almaz
Seller's Agent
Marwan Karaa
RE/MAX Metro Atlanta Cityside
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$79,900
Sold Price
$77,000
Premium/Discount to List
-$2,900
-3.63%
Total Days on Market
78
Current Estimated Value
$329,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,449
Avg. Annual Appreciation
15.65%
Original Mortgage
$61,600
Outstanding Balance
$48,451
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$280,998

Purchase Details

Closed on
May 22, 2013
Sold by
American Lien Fund Lp
Bought by
Lf Resources Llc

Purchase Details

Closed on
Mar 1, 2011
Sold by
Mtw Investment Financing Llc
Bought by
Yukon Ventures Llc

Purchase Details

Closed on
Aug 18, 2008
Sold by
Home Quest America Llc
Bought by
973 Rays Road Llc

Purchase Details

Closed on
Jan 19, 2007
Sold by
Emc Mtg Corp
Bought by
Home Quest America Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,300
Interest Rate
6.08%

Purchase Details

Closed on
Nov 7, 2006
Sold by
Culbreath Valerie J
Bought by
Emc Mtg Corp

Purchase Details

Closed on
May 29, 1997
Sold by
Kirn Melba J
Bought by
White Valerie

Range of Values:

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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
Welday Almaz $77,000 --
Lf Resources Llc -- --
Yukon Ventures Llc -- --
973 Rays Road Llc $145,000 --
Home Quest America Llc $154,000 --
Emc Mtg Corp $150,000 --
White Valerie $96,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welday Almaz $61,600
Previous Owner Home Quest America Llc $157,300
Previous Owner Culbreath Valerie $15,727
Previous Owner Culbreath Valerie J $142,000
Previous Owner Culbreath Valerie $120,302
Previous Owner Culbreath Valerie $25,300
Closed White Valerie --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $77,000 0.0% $50 / Sq Ft
05/29/2015 05/29/15 Sold $77,000 0.0% $50 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
05/05/2015 05/05/15 Pending -- -- --
05/04/2015 05/04/15 Off Market $77,000 -- --
04/06/2015 04/06/15 Price Changed $79,900 0.0% $52 / Sq Ft
04/06/2015 04/06/15 For Sale $79,900 +3.8% $52 / Sq Ft
03/30/2015 03/30/15 Off Market $77,000 -- --
02/16/2015 02/16/15 For Sale $89,900 -- $58 / 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
2023 $3,613 $134,120 $40,040 $94,080
2022 $2,140 $76,480 $28,600 $47,880
2021 $1,696 $57,240 $28,600 $28,640
2020 $1,535 $50,080 $8,560 $41,520
2019 $1,261 $38,560 $8,560 $30,000
2018 $1,815 $39,400 $8,560 $30,840
2017 $1,355 $41,360 $8,560 $32,800
2016 $1,782 $30,764 $6,084 $24,680
2014 $1,751 $29,320 $8,560 $20,760
Source: Public Records

Agents Affiliated with this Home

  • Marwan Karaa

    Seller's Agent in 2015

    Marwan Karaa

    RE/MAX Metro Atlanta Cityside

    11 in this area

    247 Total Sales

    Marwan Karaa
    Section Image
  • Meron Tiku

    Buyer's Agent in 2015

    Meron Tiku

    Chapman Hall Realtors Alpharetta

    (404) 468-4581

    29 in this area

    58 Total Sales

    Meron Tiku
    Section Image
  • Glenda Broker

    Buyer's Agent in 2015

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07404407

Georgia MLS

APN: 18-094-11-006

Georgia DeKalb County Stone Mountain 30083 Stone Mountain

973 Rays Rd, Stone Mountain, GA

Homes for Sale in Stone Mountain, GA

This home is located at 973 Rays Rd, Stone Mountain, GA 30083 since 16 February 2015 and is currently estimated at $329,449, approximately $213 per square foot. This property was built in 1940. 973 Rays Rd is a home located in DeKalb County with nearby schools including Jolly Elementary School, Freedom Middle School, and Clarkston High School.

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