Sold Price cut: $28,900 (9/5)
$200,000
3 beds · 2 baths · 1,246 sqft
1040 Forest East Drive, Stone Mountain, GA 30088
Overpriced
Priced about $36,275 (22%) above comparable homes. Estimated market value $163,725, based on 4 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Back on the Market at no fault of the seller – Appraised value 225K
This beautifully maintained 3-bedroom, 2-bathroom property is back on the market with fresh updates.
Step inside to find a bright, open living space, a well-appointed kitchen and stainless steel appliances, and a cozy backyard perfect for entertaining or relaxing. The home also features [LVP/new…
PoolBasementGarageNo HOA
Listing remarks courtesy of Homesouth Residential Incorporated · Sold by Non FMLS Member.
· FMLS #7581580678-588-7970
$1,367/mo est.
with $20,000 down · $200,000 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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In-person tour
As soon as today with a Veribas agent
Video walkthrough
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Home details
3
Beds
2
Baths
1,246
Sqft
1982
Built
0.23 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,575/morange $1,475 – $1,6759.4% gross yield
Based on 10 similar rentals within 2 mi (2 recently leased).
3 bd · 2 ba · 1,241 sqft · 0.5 mi away · leased$1,500/mo3 bd · 2 ba · 1,344 sqft · 1.2 mi away · leased$1,690/mo4 bd · 2 ba · 0.3 mi away$2,000/mo3 bd · 3 ba · 0.7 mi away$3,300/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,425/mo
Principal & interest$1,167
Property taxes$200
Home insurance$58
Down payment$20,000 (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 sale
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No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Shadow RockElementary
RedanMiddle
RedanHigh
Location
57 for sale 23 pending 12 sold
Listed by
Homesouth Residential Incorporated · Sold by Non FMLS Member
Source: FMLS · #7581580
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