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$224,900

Beds
2
Baths
1.0
sq ft
1,160

281 Valley Lake Dr, Stone Mountain, GA 30087

281 Valley Lake Dr

Stone Mountain, GA 30087

  • 29 days on market
Charming Home on a Spacious Lot – A Must-See! Calling all buyers! Don’t miss the chance to make this delightful home your own. Nestled on a quiet street, this property offers ample space and endless possibilities. The bright and airy kitchen features plenty of cabinet storage and modern stainless steel appliances, perfect for preparing family meals or entertaining. The spacious living room is filled with natural light, creating a warm and inviting atmosphere. You’ll love the generous-sized bedrooms and the stunning flooring that flows throughout the home. Need extra space? The bonus room can serve as a third bedroom, home office, or flex space tailored to your needs. Step outside to enjoy the expansive deck, which offers lovely views of the side and backyard—perfect for relaxing or hosting gatherings. A storage shed on the property provides additional space for tools, equipment, or seasonal items. This bright and charming home is ready for you to add your personal touch and make it truly yours. Schedule a showing today and see the potential of this beautiful gem!

Details

Property type

Single Family Residence

Est. home value

$183,057

Lot size

0.88 acres

Price per sq ft

$194

Year built

1935

HOA

No

Price History

01/24/2025
FMLS

FMLS #7511940

Listed
$224,900
01/17/2025
FMLS

FMLS #7419511

Removed
$224,900
10/14/2024
FMLS

FMLS #7419511

Price change
$224,900
-2.17%

Schools & Community

Elementary school: 

Pine Ridge - Dekalb

Middle school: 

Stephenson

High school: 

Stephenson

Community features: 

Sidewalks

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

$143,312
Asking price
$224,900
Closing costs (~8% of asking)
-$17,992
Est. remaining loan balance
-$63,596
Cash to seller
$143,312

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

$63,596

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: Active

Tomo last checked: 02/22/2025 at 5:20 PM

Listing updated: 01/25/2025 at 8:05 AM

Listed by: Shanquella Bowene, Virtual Properties Realty.Net, LLC. Phone #: (770) 495-5050

MLS: FMLS #7511940

FMLS logo

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