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  • $142,500

    2238 Scarbrough Dr, Stone Mountain, GA 30088

    3beds
    1,248sqft
    Single Family Residence
    Built in 1985
    8,712 Square Feet Lot
    $180,900 Zestimate®
    $114/sqft
    $1,731 Estimated rent

    Home value

    $180,900

    $148,000 - $213,000

    $1,731/mo

    Zestimate® history
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    What's special

    **Immediate Cash Flow Opportunity - Tenant Occupied for Investment-minded buyers. Here's your performing asset: $1,395 monthly income already in place. No vacancy period. No renovation delays. No tenant screening. Just verified cash flow from day one. Current qualified tenant with established payment history makes this a true turnkey investment. The 3-bedroom, 2-bath split level configuration consistently maintains tenant demand in Stone Mountain's strategic rental market-accessible to employment centers while maintaining favorable cash-on-cash returns. Unlike vacant "potential rentals" requiring post-acquisition capital, your investment dollars work immediately. The existing lease provides operational predictability and documented performance history that sophisticated portfolio builders prioritize. AS-IS SALE - Property condition reflected in competitive pricing. Calculate your returns using actual numbers, not projections. CASH ONLY - Quick close available for qualified buyers. Properties with verified income and established tenants move fast in today's yield-seeking market. Serious investment buyers only. Call your agent or text the listing agent with proof of funds to receive the complete investment package including current lease documentation and payment history.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Keen 404-538-5356,

    Keller Williams Realty

    Bought with:

    Caprice Little, 374386

    HomeSmart

    Source: GAMLS,MLS#: 10515372MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Family Room
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Refrigerator, Oven/Range (Combo)
    • Laundry: Other
    Features
    • High Ceilings
    • Flooring: Carpet, Vinyl, Tile
    • Basement: None
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,248
    • Total interior livable area: 1,248 sqft
    • Finished area above ground: 1,248
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: One and One Half
    • Stories: 1
    Lot
    • Size: 8,712 Square Feet
    • Features: Other
    Details
    • Parcel number: 16 039 04 041
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Connected, Phone Available, Water Available

    Community & HOA

    Community
    • Features: Walk To Schools, Near Public Transport
    • Security: Smoke Detector(s)
    • Subdivision: Barry E Cowan
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Stone Mountain

    Financial & listing details

    • Price per square foot: $114/sqft
    • Tax assessed value: $175,000
    • Annual tax amount: $3,547
    • Date on market: 6/4/2025
    • Cumulative days on market: 119 days
    • Listing agreement: Exclusive Right To Sell
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/3/2025Sold$142,500-5%$114/sqft
    Source: GAMLS #10515372 Report a problem
    10/1/2025Pending sale$150,000$120/sqft
    Source: GAMLS #10515372 Report a problem
    9/13/2025Price change$150,000-4.8%$120/sqft
    Source: GAMLS #10515372 Report a problem
    9/3/2025Price change$157,500-1.5%$126/sqft
    Source: FMLS GA #7551466 Report a problem
    8/18/2025Price change$159,900-8.6%$128/sqft
    Source: GAMLS #10515372 Report a problem
    7/31/2025Price change$175,000-5.4%$140/sqft
    Source: GAMLS #10515372 Report a problem
    7/21/2025Price change$185,000-5.1%$148/sqft
    Source: GAMLS #10515372 Report a problem
    6/28/2025Price change$195,000-7.1%$156/sqft
    Source: GAMLS #10515372 Report a problem
    6/4/2025Price change$209,900-6.7%$168/sqft
    Source: FMLS GA #7551466 Report a problem
    6/4/2025Listed for sale$225,000+75.1%$180/sqft
    Source: GAMLS #10515372 Report a problem
    12/12/2024Listing removed$1,395$1/sqft
    Source: Zillow Rentals Report a problem
    12/10/2024Price change$1,395-6.7%$1/sqft
    Source: Zillow Rentals Report a problem
    10/18/2024Price change$1,495-6.3%$1/sqft
    Source: Zillow Rentals Report a problem
    9/13/2024Price change$1,595-5.9%$1/sqft
    Source: Zillow Rentals Report a problem
    9/9/2024Price change$1,695-5.6%$1/sqft
    Source: Zillow Rentals Report a problem
    8/16/2024Listed for rent$1,795+28.7%$1/sqft
    Source: Zillow Rentals Report a problem
    10/7/2020Listing removed$1,395$1/sqft
    Source: RealSource Brokers, Inc. Report a problem
    10/1/2020Price change$1,395-6.7%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    9/24/2020Listed for rent$1,495+39.1%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    7/8/2018Listing removed$1,075$1/sqft
    Source: Zillow Rental Network Report a problem
    7/6/2018Price change$1,075-6.5%$1/sqft
    Source: Zillow Rental Network Report a problem
    5/29/2018Price change$1,150-3.8%$1/sqft
    Source: The Keen Team Report a problem
    5/8/2018Listed for rent$1,195$1/sqft
    Source: The Keen Team Report a problem
    12/6/2017Sold$128,500+104%$103/sqft
    Source: Public Record Report a problem
    10/12/2017Sold$63,000-3.8%$50/sqft
    Source: FMLS GA #5837678 Report a problem
    9/24/2017Pending sale$65,500$52/sqft
    Source: SOLID SOURCE REALTY GA LLC #5837678 Report a problem
    9/21/2017Listed for sale$65,500-1.5%$52/sqft
    Source: SOLID SOURCE REALTY GA LLC #5837678 Report a problem
    10/15/2007Sold$66,500-30.6%$53/sqft
    Source: Public Record Report a problem
    10/17/2006Sold$95,850-17.2%$77/sqft
    Source: Public Record Report a problem
    8/27/2004Sold$115,700$93/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,512 +0.1%$70,000
    2024$3,507 -1.1%$70,000 -3%
    2023$3,547 +40%$72,160 +44.3%
    2022$2,534 $50,000
    2021$2,534 -3.3%$50,000 -3.8%
    2020$2,621 +21%$52,000 +24.9%
    2019$2,167 -9.4%$41,640 -10.7%
    2018$2,391 +287.9%$46,640 +142.4%
    2017$616 -21.9%$19,240 -21.8%
    2016$789 $24,600 +166.2%
    2014$789 $9,240
    2013-- $9,240
    2012-- $9,240 -68.1%
    2011-- $28,960
    2010$903 $28,960
    2009$903 -3.2%$28,960 -23.7%
    2008$933 -48.8%$37,960
    2007$1,820 $37,960
    2006$1,820 +3.6%$37,960
    2005$1,758 +9.5%$37,960 +14.9%
    2004$1,606 +124.1%$33,040
    2003$716 +61.8%$33,040 +32.2%
    2002$443 +74.3%$25,000
    2001$254 $25,000
    Find assessor info on the county website

    Neighborhood: 30088

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Panola Way
    • Middle: Miller Grove
    • High: Miller Grove

    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
    $180,900
    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
    $180,900