Sold
$208,000
3 beds · 2 baths · 1,218 sqft
5077 Redan Road, Stone Mountain, GA 30088
Overpriced
Priced about $47,954 (30%) above comparable homes. Estimated market value $160,046, based on 4 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This property is a great opportunity for investors, builders, and owner occupants! Sitting on almost one acre of land, the property could be used for residential and potential commercial! Conveniently located in Stone Mountain, this property is close to local amenities, parks, and schools. The cottage-style home offers 3 bedrooms, 2 bathrooms, a cozy living space, and a charming kitchen with ample cabinet space.
PoolBasementNo HOA
Listing remarks courtesy of Southern Classic Realtors · Sold by Virtual Properties Realty. Biz.
· FMLS #7714043678-635-8877
$1,422/mo est.
with $20,800 down · $208,000 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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Video walkthrough
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Home details
3
Beds
2
Baths
1,218
Sqft
1959
Built
0.9 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,600/morange $1,500 – $1,7009.2% gross yield
Based on 12 similar rentals within 2 mi (2 recently leased).
3 bd · 3 ba · 1,618 sqft · 0.2 mi away$2,050/mo3 bd · 3 ba · 0.3 mi away$2,299/mo3 bd · 2 ba · 1,241 sqft · 1.3 mi away · leased$1,500/mo3 bd · 2 ba · 1,344 sqft · 1.2 mi away · leased$1,690/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,483/mo
Principal & interest$1,214
Property taxes$208
Home insurance$61
Down payment$20,800 (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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Schools
Eldridge L. MillerElementary
RedanMiddle
RedanHigh
Location
55 for sale 25 pending 12 sold
Listed by
Southern Classic Realtors · Sold by Virtual Properties Realty. Biz
Source: FMLS · #7714043
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