Sold
$120,000
3 beds · 3 baths · 1,524 sqft
1055 Chapman Lane, Stone Mountain, GA 30088
Great deal
Priced about $80,255 (40%) below comparable homes. Estimated market value $200,255, based on 4 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Investor opportunity in Stone Mountain. 3BR/2BA home offered by order of the Texas Bankruptcy Court. Sale requires court approval. Property sold strictly AS-IS, with no seller disclosures (seller has never occupied). Home needs repairs and updates—enter at your own risk. Great potential for investors seeking a fix-and-flip or future rental.
PoolBasementGarageNo HOA
Listing remarks courtesy of Keller Williams Realty Peachtree Rd. · Sold by Realty Professionals, Inc..
· FMLS #7647940$820/mo est.
with $12,000 down · $120,000 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.
Make an offer
Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
In-person tour
As soon as today with a Veribas agent
Video walkthrough
Live from the home, on your schedule
Home details
3
Beds
3
Baths
1,524
Sqft
1984
Built
0.23 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,875/morange $1,750 – $2,00018.8% gross yield
Based on 8 similar rentals within a mile (4 recently leased).
3 bd · 3 ba · 1,618 sqft · 0.7 mi away$2,050/mo3 bd · 3 ba · 1,857 sqft · 0.4 mi away · leased$2,000/mo3 bd · 3 ba · 2,148 sqft · 0.2 mi away · leased$2,000/mo3 bd · 3 ba · 0.4 mi away$2,299/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$855/mo
Principal & interest$700
Property taxes$120
Home insurance$35
Down payment$12,000 (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 salePending
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Every list price is checked against our valuation model and local comps.
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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
Eldridge L. MillerElementary
RedanMiddle
RedanHigh
Location
56 for sale 24 pending 12 sold
Listed by
Keller Williams Realty Peachtree Rd. · Sold by Realty Professionals, Inc.
Source: FMLS · #7647940
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