tomo logo

$345,729Estimated home value

Beds
4
Baths
2.5
sq ft
2,895

512 Stonemont Dr, Stone Mountain, GA 30087

512 Stonemont Dr

Stone Mountain, GA 30087

  • Sold On 10/15/2024
If you’ve been searching for a home that offers more than just four walls, this is the one. Nestled at the end of a quiet dead-end street in the friendly Stonewyke Estates neighborhood, 512 Stonemont Drive isn’t just a house—it’s the lifestyle upgrade you’ve been dreaming of! This 4-bedroom, 2.5-bathroom gem offers an outdoor paradise with a sparkling in-ground POOL and huge newly built CABANA giving vacation vibes all year long. Step inside from the large covered front porch, and you’ll immediately feel at home in the light-filled living room with stylish accent wall. Flow seamlessly from the living room through the dining room, currently being used as a reading room, and into the kitchen with stainless appliances, breakfast area, and plenty of storage. Off the kitchen is the spacious den, currently utilized as a dining room, which enjoys views of the backyard. The laundry room and recently updated half bathroom round out the main level. Upstairs, the primary suite is your spacious serene retreat with a walk-in closet, updated en-suite bathroom, and a bird’s eye view of the pool and cabana. There are three additional bedrooms and a full bathroom with double vanities. The huge terrace level recreation room awaits your imagination. This space is perfect for a private home office, gym, or extra living room. Or take it to the next level by adding a bathroom and converting the space to a guest suite that could be used as a rental for extra income. The possibilities are endless! But the true showstopper is the backyard. Imagine spending your summers lounging by the in-ground pool, hosting friends under the expansive, newly built cabana, or simply enjoying the peace and privacy that this outdoor space provides. It’s more than just a yard—it’s your own personal escape. As a bonus, most of the windows have been replaced throughout the house! Located just a short drive from the natural beauty of Stone Mountain Park, multiple golf courses, and Stone Mountain Village with coffee shops, restaurants, and breweries.

Details

Property type

Single Family Residence

Est. home value

$345,729

Lot size

0.40 acres

Price per sq ft

$118

Year built

1972

Annual property taxes

$2,953

HOA

No

Price History

10/11/2024
FMLS

FMLS #7448069

Sold
$340,000
09/13/2024
FMLS

FMLS #7448069

Pending
$340,000
09/09/2024
FMLS

FMLS #7448069

Listed
$340,000
+26.39%

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

$115,690
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$197,110
Cash to seller
$115,690

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

Seller’s Loan History

Lender

Shelter Home Mortgage

Loan start date

February 2021

Original loan amount

$215,200

Est. remaining balance

$197,110

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Amanda Holder and Kyle B Tait

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: Off Market

Tomo last checked: 11/03/2024 at 7:40 AM

Listing updated: 10/16/2024 at 1:55 AM

Listed by: Robert Harris, Compass Phone #: (404) 668-6621

MLS: FMLS #7448069

FMLS logo

Recently listed in Stone Mountain