tomo logo

$140,000

Beds
2
Baths
2.0
sq ft
941

4359 Timberlake, Stone Mountain, GA 30083

4359 Timberlake

Stone Mountain, GA 30083

  • 363 days on market
    • Price drop $7,400↓
Great opportunity for owner-occupant OR investor! This condominium was recently renovated. It features new luxury vinyl plank flooring; also there's new paint, lighting, and other upgrades! This turnkey, ready-to-move-in condominium features an open floor plan and stepless entry! Amenities include clubhouse, swimming pool, tennis court, and new playground. With rising rents, why rent when you can own and keep your costs fixed and affordable? And if you use the seller's preferred lender, you can still put down as little as 3%! Seller will consider a lease-purchase option, as well! Windchase Condominium Association has been building its reserve fund (currently almost $400K) and maintains the community very well. This is a close-knit community of mostly owner-occupants. INVESTORS, LISTEN UP! Yes, there are rental restrictions, but there are currently some slots available! Ideally located: Walk to shopping at Memorial Drive. Close to Pine Lake, Stone Mountain Village, and Stone Mountain Park. Easy access to I-285 and Highway 78. NOTE: The first few photos are virtually staged; the original photos appear near the end.

Details

Property type

Condominium

Est. home value

$141,793

Lot size

1,006 sq ft

Price per sq ft

$149

Year built

1988

Annual property taxes

$2,267

Monthly HOA fee

$323

Price History

01/12/2025
FMLS

FMLS #7328810

Price change
$140,000
-5.02%
09/13/2024
FMLS

FMLS #7328810

Price change
$147,400
-0.07%
08/16/2024
FMLS

FMLS #7328810

Price change
$147,500
+2.64%

Schools & Community

Elementary school: 

Rockbridge - Dekalb

Middle school: 

Stone Mountain

High school: 

Stone Mountain

Community features: 

Clubhouse, Pool, Street Lights, Tennis Court(s)

Number of units in community: 

226

Seller’s Loan History

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

Lender

Argent Mtg Co Llc

Loan start date

March 2005

Original loan amount

$56,250

Est. remaining balance

Not provided

Interest rate

8.85%

Loan type

New Conventional, 30 year

Seller

Bhojkumar Gopaul

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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691 Windchase Ln, Stone Mountain, GA 30083

Status: Active

Tomo last checked: 01/22/2025 at 12:05 PM

Listing updated: 01/11/2025 at 11:30 PM

Listed by: Charles Azer, NorthGroup Real Estate Phone #: (404) 383-6616

MLS: FMLS #7328810

FMLS logo

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