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$183,057Estimated home value

Beds
3
Baths
1.0
sq ft
1,160

281 Valley Lake Dr, Stone Mountain, GA 30087

281 Valley Lake Dr

Stone Mountain, GA 30087

  • Sold On 11/13/2017
    • Price drop $5,000↓
Fantastic opportunity for 1st time home buyer or investor. This is a fully renovated home that sits on almost 1 acre of privacy. Upgrades include new HVAC system, new windows, all new kitchen with stainless steel appliances, hardwood floors, new bathroom vanity, all new paint, upgraded faucets, and so much more! Home is also wired for security. Very convenient to Stone Mountain Park. Stone Mountain Village shopping, and dining. Wonderful tight knit community and private neighborhood. Don't miss this incredible deal!

Details

Property type

Single Family Residence

Est. home value

$183,057

Property condition

Updated/Remodeled

Lot size

0.90 acres

Price per sq ft

$74

Year built

1935

Annual property taxes

$217

HOA

Yes

Price History

01/17/2025
FMLS

FMLS #7419511

Removed
$224,900
10/14/2024
FMLS

FMLS #7419511

Price change
$224,900
-2.17%
07/09/2024
FMLS

FMLS #7419511

Listed
$229,900
+176.99%

Schools & Community

Elementary school: 

Pine Ridge - Dekalb

Middle school: 

Stephenson

High school: 

Stephenson

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

$14,366
Asking price
$84,900
Closing costs (~8% of asking)
-$6,792
Est. remaining loan balance
-$63,742
Cash to seller
$14,366

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 Bank Na

Loan start date

November 2017

Original loan amount

$74,700

Est. remaining balance

$63,742

Interest rate

3.83%

Loan type

New Conventional, 30 year

Seller

Naquan Kornegay

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: Off Market

Tomo last checked: 01/22/2025 at 11:55 AM

Listing updated: 06/04/2024 at 11:01 AM

Listed by: Imran Khan, Berkshire Hathaway HomeServices Georgia Properties Phone #: (770) 393-3200

MLS: FMLS #5913900

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