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$305,000

Beds
3
Baths
2.0
sq ft
1,836

1386 Panola Rd, Stone Mountain, GA 30088

1386 Panola Rd

Stone Mountain, GA 30088

  • 55 days on market
    • Price drop $10,000↓
Charming 3-Bedroom, 2-Bathroom Home in Stone Mountain, GA! Welcome to your dream home! Nestled in a quiet and friendly neighborhood, this 3-bedroom, 2-bathroom gem offers the perfect blend of comfort, style, and convenience. Located in the heart of Stone Mountain, you'll enjoy easy access to local parks, schools, shopping, and dining. Plus, it's just a short drive to the famous Stone Mountain Park, offering year-round recreation and breathtaking views. Features You'll Love: Spacious Living: Bright and airy open concept living and dining areas with plenty of natural light. Modern Kitchen: Updated with stainless steel appliances, ample cabinet space, and a cozy breakfast nook. Comfortable Bedrooms: Three generously sized bedrooms with plenty of closet space for all your needs. Relaxing Bathrooms: Two updated bathrooms, including a primary ensuite with modern fixtures. Outdoor Bliss: Large, fenced backyard perfect for entertaining, gardening, or simply unwinding after a long day. Additional Highlights: Attached two-car garage Freshly painted interiors New flooring throughout Move-in ready condition New Plumbing New Electrical 2 Closets in Main Bedroom HUGE YARD!! Whether you're starting fresh, downsizing, or upgrading, this home has everything you need and more. Don't miss this incredible opportunity! Property is being sold as is. Seller never lived in property.

Details

Property type

Single Family Residence

Est. home value

$228,786

Property condition

Updated/Remodeled

Lot size

0.60 acres

Price per sq ft

$167

Year built

1965

Annual property taxes

$2,873

HOA

No

Price History

01/13/2025
FMLS

FMLS #7491847

Price change
$305,000
-3.17%
11/29/2024
FMLS

FMLS #7491847

Listed
$315,000
+75%
06/14/2024
FMLS

FMLS #7349121

Sold
$180,000
-5.21%

Schools & Community

Elementary school: 

Redan

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

$226,608
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$53,992
Cash to seller
$226,608

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

Seller’s Loan History

Lender

Wells Fargo Hm Mtg Inc

Loan start date

November 2001

Original loan amount

$128,000

Est. remaining balance

$53,992

Interest rate

6.64%

Loan type

New Conventional, 30 year

Seller

Butler, Marilyn

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?

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Status: Active

Tomo last checked: 01/22/2025 at 10:55 AM

Listing updated: 01/13/2025 at 11:05 AM

Listed by: Patricia Reid, Re/Max Gold Phone #: (833) 465-3866

MLS: FMLS #7491847

FMLS logo

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