tomo logo

$350,000

Beds
5
Baths
3.0
sq ft
3,542

518 Carriage Walk Path, Stone Mountain, GA 30087

518 Carriage Walk Path

Stone Mountain, GA 30087

  • 86 days on market
    • Price drop $10,000↓
Back on market - buyers financing fell thru. Welcome to this Spacious 5-bedroom, 3-bathroom Home in the Heart of Stone Mountain—No HOA! This expansive home offers versatile living with a bedroom and full bathroom on the main level, ideal for guests or a home office. The main floor also features a cozy living room with a fireplace, a formal dining room, and a den. The kitchen overlooks the family room, creating a perfect space for gatherings. The interior has been freshly repainted, with new carpet in the bedrooms and LVP flooring throughout the main level. Upstairs, you’ll find four additional bedrooms and two full bathrooms. One of the bedrooms is exceptionally large, making it ideal as a bonus room or guest suite, complete with its own closet and a SECOND fireplace. The oversized master suite is a true retreat, featuring a bathroom with a soaking tub, double vanities, a large closet, and a walk-in shower. Conveniently located in the heart of Stone Mountain, this home is close to shopping, dining, and major interstates. With no HOA or rental restrictions, this property also presents an excellent investment opportunity. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$395,963

Lot size

0.40 acres

Price per sq ft

$99

Year built

2000

Annual property taxes

$3,802

HOA

No

Price History

11/08/2024
FMLS

FMLS #7397739

Price change
$350,000
-2.78%
10/24/2024
FMLS

FMLS #7397739

Price change
$360,000
-2.7%
10/04/2024
FMLS

FMLS #7397739

Price change
$370,000
-1.33%

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

$228,062
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$93,938
Cash to seller
$228,062

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

Seller’s Loan History

Lender

Quicken Loans

Loan start date

July 2021

Original loan amount

$101,298

Est. remaining balance

$93,938

Interest rate

2.95%

Loan type

VA, 30 year

Seller

James Milton Reed

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: 11/22/2024 at 3:10 PM

Listing updated: 11/08/2024 at 8:33 PM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7397739

FMLS logo