Sold
$325,000
6 beds · 4 baths · 5,061 sqft
507 Cross Creek Point, Stone Mountain, GA 30087
Great deal
Priced about $1,145,420 (78%) below comparable homes. Estimated market value $1,470,420, based on 10 comparable homes in the county.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
A rare opportunity ON THE LAKE in the beautiful Stone Mountain community of Waters Edge! This expansive, over 5000 sq ft lakefront home, offers incredible potential for the right buyer. Priced at $325,000, the property is being sold AS-IS and will require a full renovation, but the space, layout, and location are impressive. With an estimated $150-175K in renovation costs, the…
PoolBasementGarageRenovated
· FMLS #7588007404-541-3500
$2,222/mo est.
with $32,500 down · $325,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
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Video walkthrough
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Home details
6
Beds
4
Baths
5,061
Sqft
1988
Built
0.38 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$4,175/morange $3,875 – $4,47515.4% gross yield
Based on 4 similar rentals within 2 mi (3 recently leased).
4 bd · 3 ba · 2,813 sqft · 0.2 mi away · leased$2,300/mo4 bd · 2 ba · 1.1 mi away · leased$1,725/mo7 bd · 5 ba · 1.9 mi away$3,200/mo4 bd · 3 ba · 2,556 sqft · 1.2 mi away · leased$2,440/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$2,412/mo
Principal & interest$1,897
Property taxes$325
Home insurance$95
HOA$95
Down payment$32,500 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for salePending
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A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
PrincetonElementary
StephensonMiddle
StephensonHigh
Location
38 for sale 7 pending 12 sold
Listed by
Keller Williams Realty Intown ATL · Sold by Virtual Properties Realty.Net, LLC.
Source: FMLS · #7588007
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