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$229,400

Beds
3
Baths
2.0
sq ft
1,246

1040 Forest East Dr, Stone Mountain, GA 30088

1040 Forest East Dr

Stone Mountain, GA 30088

  • 36 days on market
    • Price drop $5,600↓
Discover the Endless possibilities in this well maintained 3-bedroom, 2-bath split-level home, offering a solid foundation and a fantastic layout. Located in a desirable neighborhood, this home is perfect for those looking to add their personal touch and make it their own. The main level features a spacious living room with plenty of natural light, leading into a functional kitchen and dining area ready for your vision. Upstairs, you'll find three comfortable bedrooms and two full baths. Outside, enjoy a generous backyard, perfect for gardening or entertaining. With an attached garage, ample storage, and a prime location near schools, parks, and shopping, this home is full of potential. Schedule a showing today.

Details

Property type

Single Family Residence

Est. home value

$231,200

Lot size

0.23 acres

Price per sq ft

$185

Year built

1982

Annual property taxes

$3,864

HOA

No

Price History

03/13/2025
FMLS

FMLS #7537827

Price change
$229,400
-2.38%
02/26/2025
FMLS

FMLS #7537827

Listed
$235,000
+131.53%
04/04/2017
GeorgiaMLS

GeorgiaMLS #8098598

Sold
$101,500
+153.75%

Schools & Community

Elementary school: 

Shadow Rock

Middle school: 

Redan

High school: 

Redan

Community features: 

None

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$128,382
Asking price
$229,400
Closing costs (~8% of asking)
-$18,352
Est. remaining loan balance
-$82,666
Cash to seller
$128,382

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Acopia

Loan start date

April 2017

Original loan amount

$98,112

Est. remaining balance

$82,666

Interest rate

4.15%

Loan type

FHA, 30 year

Seller

Kathie Holliday

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

FMLS
$229,900
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|
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Price drop
GeorgiaMLS
$259,900
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|
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|
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FMLS
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Status: Active

Tomo last checked: 04/03/2025 at 4:40 AM

Listing updated: 03/29/2025 at 8:55 AM

Listed by: Quinn Shealey, Homesouth Residential Incorporated Phone #: (678) 580-2505

MLS: FMLS #7537827

FMLS logo

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