Sold Price cut: $10,000 (8/3)
$199,900
4 beds · 11 baths · 1,987 sqft
5340 Forest Place, Stone Mountain, GA 30088
Great deal
Priced about $69,225 (26%) below comparable homes. Estimated market value $269,125, based on 5 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This charming 4-bedroom 2-bath home is perfect for a growing family, first-time homeowners, or investors seeking to expand their portfolio. Nestled in a quiet neighborhood, the modest home offers a functional kitchen with an eating area which looks into the family room. This home offers plenty of options with a bonus room on the upper level and added rooms on the main floor.…
PoolBasementGarageNo HOA
Listing remarks courtesy of Atlanta Communities · Sold by Veribas Real Estate, LLC.
· FMLS #7622692678-371-2683
$1,367/mo est.
with $19,990 down · $199,900 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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Home details
4
Beds
11
Baths
1,987
Sqft
1990
Built
0.26 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,300/morange $2,150 – $2,45013.8% gross yield
Based on 7 similar rentals within a mile (2 recently leased).
3 bd · 3 ba · 1,857 sqft · 0.2 mi away · leased$2,000/mo3 bd · 3 ba · 2,148 sqft · 0.3 mi away · leased$2,000/mo4 bd · 2 ba · 0.3 mi away$2,000/mo5 bd · 2 ba · 1,932 sqft · 1 mi away$2,450/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$19,990 (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
59 for sale 21 pending 12 sold
Listed by
Atlanta Communities · Sold by Veribas Real Estate, LLC
Source: FMLS · #7622692
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
