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$485,000

Beds
5
Baths
3.5
sq ft
3,224

5476 Leather Stocking Ln, Stone Mountain, GA 30087

5476 Leather Stocking Ln

Stone Mountain, GA 30087

  • 41 days on market
    • Price drop $15,000↓
Welcome to your suburban sanctuary in the heart of Smoke Rise. Set on just over 2 acres, the property is surrounded by a serene, undisturbed lot. Entering the front door, walk into the foyer with a large coat closet, and head into the formal living room, which flows into the formal dining room. The heart of the home is the eat-in kitchen, equipped with stainless appliances, including double ovens, a wine fridge, and hood vent over the pristine electric cooktop. The kitchen and breakfast area are open to the fireside living room and a charming glass-enclosed sunroom, offering a beautiful view of the surrounding woods. There are 2 decks on the back side of the property - one off the breakfast area, and one off the Primary Suite. Three Bedrooms, including the Primary Suite, and 2 Full Baths are on the main floor. Upstairs you'll find two more large bedrooms and a full bath, as well as a nook perfect for a study space, work-from home space, or gaming/crafting area. The second floor also offers extensive storage with multiple large hall closets and 2 walk-in attic storage spaces. The semi-finished basement is a canvas of possibilities, ready to evolve with your vision. Your new home is secured with a closed-circuit security system, providing peace of mind. With tons of natural light, ample storage, a 2-car garage, and a corner lot position, convenience meets functionality seamlessly. Enjoy a leisurely stroll down the street to the neighborhood pool and tennis courts. Perfectly situated near Decatur, Emory University, CDC, Smoke Rise Golf and Country Club, Parks, Trails, and Downtown Tucker, this property offers more than just a home; it offers a connection to a vibrant community and the convenience of Smoke Rise living.

Details

Property type

Single Family Residence

Est. home value

$426,782

Lot size

2.10 acres

Price per sq ft

$151

Year built

1965

Annual property taxes

$1,211

HOA

Yes

Price History

07/02/2024
FMLS

FMLS #7390707

Price change
$485,000
-3%
06/06/2024
FMLS

FMLS #7390707

Price change
$500,000
-4.76%
05/23/2024
FMLS

FMLS #7390707

Listed
$525,000

Schools & Community

Elementary school: 

Smoke Rise

Middle school: 

Tucker

High school: 

Tucker

Community features: 

Playground, Pool

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

$372,664
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$73,536
Cash to seller
$372,664

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

December 2023

Original loan amount

$75,000

Est. remaining balance

$73,536

Interest rate

6.81%

Loan type

New Conventional, 15 year

Seller

Penelope Ann Liberty T Sellers

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: 07/03/2024 at 2:15 PM

Listing updated: 07/02/2024 at 5:16 PM

Listed by: Audrey Bankhead, Boulevard Homes, LLC Phone #: (678) 439-0100

MLS: FMLS #7390707

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