Sold
$649,900
2 beds · 2 baths · 1,200 sqft
550 S Rays Road, Stone Mountain, GA 30083
Overpriced
Priced about $497,070 (325%) above comparable homes. Estimated market value $152,830, based on 3 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
On GPS use 548 S Rays Rd Stone Mountain GA 30083. Subject property's long paved driveway is to the right by the mailbox. Amazing opportunity about 15 to 20 minutes from Emory University. Just 1.5 miles east of I-285 highway in Stone Mountain! Two combined parcels with total of approximately 18+/-acres zoned for single family. Currently there are 2 residential properties and a…
PoolBasementGarageNo HOA
Listing remarks courtesy of Good Shepherd Realty, LLC. · Sold by Coldwell Banker Realty.
· FMLS #7696656alan.weng@goodshepherdrealty.com
$4,444/mo est.
with $64,990 down · $649,900 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
2
Beds
2
Baths
1,200
Sqft
1965
Built
19 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,725/morange $1,600 – $1,8503.2% gross yield
Based on 12 similar rentals within 2 mi (4 recently leased).
2 bd · 3 ba · 1,360 sqft · 0.7 mi away$1,795/mo2 bd · 2 ba · 912 sqft · 1.2 mi away · leased$1,450/mo2 bd · 2 ba · 960 sqft · 1.4 mi away · leased$1,350/mo3 bd · 2 ba · 950 sqft · 1 mi away$1,795/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$4,634/mo
Principal & interest$3,794
Property taxes$650
Home insurance$190
Down payment$64,990 (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 salePending
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Schools
Allgood - DekalbElementary
Freedom - DekalbMiddle
ClarkstonHigh
Location
51 for sale 12 pending 12 sold
Listed by
Good Shepherd Realty, LLC. · Sold by Coldwell Banker Realty
Source: FMLS · #7696656
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