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$250,000

Beds
5
Baths
3.5
sq ft
Unknown

457 Rockborough Ter, Stone Mountain, GA 30083

457 Rockborough Ter

Stone Mountain, GA 30083

  • 33 days on market
Don't miss this fantastic investment opportunity in Stone Mountain! This spacious 5-bedroom, 3.5-bathroom home offers great potential for investors or savvy buyers looking to add value. The property is being sold AS IS, with no repairs. Please note that the HVAC system is not functioning, but the heating system is operational. With a well-designed layout, generous living spaces, and a prime location in an established neighborhood, this home has endless possibilities for renovation or rental income. Conveniently located near schools, shopping, dining, and major highways, this property provides easy access to everything Stone Mountain has to offer. Whether you're looking for a fix-and-flip, a rental property, or a long-term investment, this is an excellent opportunity to maximize your return. Schedule your showing today and bring your vision to life!

Details

Property type

Single Family Residence

Est. home value

$310,647

Lot size

0.36 acres

Price per sq ft

Unknown

Year built

1974

Annual property taxes

$4,575

HOA

No

Price History

03/28/2025
FMLS

FMLS #7531187

Listed
$250,000
03/17/2025
FMLS

FMLS #7531187

Pending
$250,000
03/01/2025
FMLS

FMLS #7531187

Listed
$250,000
+371.7%

Schools & Community

Elementary school: 

Rockbridge - Dekalb

Middle school: 

Stone Mountain

High school: 

Stone Mountain

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

$137,646
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$92,354
Cash to seller
$137,646

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

Seller’s Loan History

Lender

First National Bank Of America

Loan start date

August 2018

Original loan amount

$105,000

Est. remaining balance

$92,354

Interest rate

4.62%

Loan type

New Conventional, 30 year

Seller

Jimmy A Levia

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?

Status: Active

Tomo last checked: 04/03/2025 at 4:45 AM

Listing updated: 03/28/2025 at 9:45 AM

Listed by: Jorge Guerra-Perez, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7531187

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