Vacant boarded up property for the savvy buyer. Formerly set up for co-living generating $5000-$6000 in rents per month. Set up for 9 rooms, with common areas converted into additional rooms for flexibility and income potential for the buyer. On major arterial road - ideal for transit access. Priced with over $40,000 in instant equity. Currently boarded up and utilities won't be on. Cash or Hard Money only.
Closed
$187,500
5546 Redan Rd, Stone Mountain, GA 30088
9beds
1,308sqft
Single Family Residence
Built in 1986
6,969.6 Square Feet Lot
$207,600 Zestimate®
$143/sqft
$1,621 Estimated rent
Home value
$207,600
$170,000 - $245,000
$1,621/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 30, 2024 at 06:17am
Listed by:
Josh Stanton 404-590-7137,
Keller Williams Realty
Bought with:
Ivan Alfaro, 382460
Keller Williams Realty
Source: GAMLS,MLS#: 10423594
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 2
Kitchen
- Features: Solid Surface Counters
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Microwave, Refrigerator
- Laundry: In Hall
Features
- Split Bedroom Plan
- Flooring: Hardwood, Laminate
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,308
- Total interior livable area: 1,308 sqft
- Finished area above ground: 1,308
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street
Features
- Levels: Multi/Split
- Patio & porch: Deck, Porch
- Body of water: None
Lot
- Size: 6,969 sqft
- Features: Other
Details
- Parcel number: 16 035 02 041
- Special conditions: As Is,Investor Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: None
Location
- Region: Stone Mountain
- Subdivision: Kellys Pointe
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2024 | Sold | $187,500-10.3%$143/sqft |
Source:  GAMLS #10423594 Report a problem | ||
| 12/12/2024 | Pending sale | $209,000$160/sqft |
Source:  FMLS GA #7495083 Report a problem | ||
| 12/6/2024 | Listed for sale | $209,000+13%$160/sqft |
Source: FMLS GA #7495083 Report a problem | ||
| 10/9/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/8/2022 | Listed for rent | $1,840+116.5%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,081 +5.6% | $83,640 +6.2% |
| 2024 | $3,864 +16.6% | $78,760 +16.8% |
| 2023 | $3,314 +22.5% | $67,440 +23.7% |
Find assessor info on the county website
Neighborhood: 30088
Nearby schools
GreatSchools rating
- 4/10Shadow Rock Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 6/10Redan Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10Redan High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Panola Way
- Middle: Miller Grove
- High: Redan
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$207,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$207,600