Sold Price cut: $26,000 (12/5)
$216,000
4 beds · 2 baths · 1,792 sqft
1040 Redan Trace, Stone Mountain, GA 30088
Great deal
Priced about $49,246 (19%) below comparable homes. Estimated market value $265,246, based on 4 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This traditional home in the Redan Station community offers a flexible layout with two bedrooms on the main level and two more upstairs, making it ideal for families, guests, or a home office. The living room features a fireplace, and the eat-in kitchen flows easily into the dining area. A one-car garage adds convenience, and the level backyard provides space to relax or…
PoolBasementGarageNo HOA
Listing remarks courtesy of Mainstay Brokerage LLC · Sold by Chapman Hall Premier, REALTORS.
· FMLS #7610592$1,477/mo est.
with $21,600 down · $216,000 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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Home details
4
Beds
2
Baths
1,792
Sqft
1990
Built
0.22 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,075/morange $1,925 – $2,22511.5% gross yield
Based on 8 similar rentals within a mile (3 recently leased).
3 bd · 3 ba · 1,857 sqft · 0.3 mi away · leased$2,000/mo4 bd · 2 ba · 0.4 mi away$2,000/mo3 bd · 3 ba · 2,148 sqft · 0.2 mi away · leased$2,000/mo5 bd · 2 ba · 1,932 sqft · 0.9 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
$1,540/mo
Principal & interest$1,261
Property taxes$216
Home insurance$63
Down payment$21,600 (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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Schools
Eldridge L. MillerElementary
RedanMiddle
RedanHigh
Location
58 for sale 22 pending 12 sold
Listed by
Mainstay Brokerage LLC · Sold by Chapman Hall Premier, REALTORS
Source: FMLS · #7610592
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