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Active
    • Price cut: $15K (6/22)
    $160,000

    281 Valley Lake Dr, Stone Mountain, GA 30087

    2beds
    881sqft
    : 
    $1,154/mo
    Get pre-qualified
    Single Family Residence
    Built in 1935
    0.88 Acres Lot
    $153,600 Zestimate®
    $182/sqft
    $-- HOA

    What's special

    Stainless steel appliancesAmple cabinetryThoughtfully designed kitchenVersatile bonus roomTwo generously sized bedrooms
    Welcome home to this charming and well-maintained 2-bedroom, 1-bath residence offering comfort, functionality, and valuable updates throughout. Sitting on nearly one acre, this property provides a rare combination of space, privacy, and opportunity, with plenty of room to enjoy both indoor and outdoor living. Step inside to find a bright, inviting interior filled with natural light. The thoughtfully designed kitchen features ample cabinetry, stainless steel appliances, and plenty of workspace for everyday cooking and entertaining. The comfortable living area creates a warm atmosphere for relaxing or gathering with family and friends. In addition to the two generously sized bedrooms, a versatile bonus room offers endless possibilities as a home office, hobby room, guest space, or flex area to fit your lifestyle. Beautiful flooring flows throughout much of the home, adding to its welcoming appeal. Outside, you'll appreciate the expansive deck overlooking the generous yard-an ideal spot for morning coffee, outdoor dining, or weekend get-togethers. A storage shed provides convenient space for tools, lawn equipment, and seasonal storage. The property also includes two parking spaces for added convenience. Major updates offer peace of mind, including appliances all less than 10 years old. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this delightful property is full of potential and ready for its next owner. Schedule your showing today!
    50 days
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    551
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    42
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kiemeisha Harris 678-667-2776,

    Keller Williams West Atlanta

    Source: GAMLS,MLS#: 10778275MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Rooms
      • Room types: Bonus Room, Den, Exercise Room, Great Room, Office, Other
      Kitchen
      • Features: Solid Surface Counters
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Refrigerator
      • Laundry: Other
      Features
      • Other
      • Flooring: Hardwood, Tile
      • Windows: Double Pane Windows
      • Basement: None
      • Has fireplace: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 881
      • Total interior livable area: 881 sqft
      • Finished area above ground: 881
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Balcony
      • Has view: Yes
      • View description: City
      Lot
      • Size: 0.88 Acres
      • Features: Private
      Details
      • Parcel number: 18 035 04 006
      • Special conditions: As Is
      • Other equipment: Satellite Dish

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 1935

      Utilities & green energy

      • Electric: 220 Volts
      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Water Available

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: RW WADE PROP
      HOA
      • Has HOA: Yes
      • Services included: None
      Location
      • Region: Stone Mountain

      Financial & listing details

      • Price per square foot: $182/sqft
      • Tax assessed value: $217,700
      • Annual tax amount: $4,111
      • Date on market: 6/4/2026
      • Cumulative days on market: 50 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        $153,600

        $146,000 - $161,000

        $1,692/mo

        Price history

        DateEventPrice
        6/22/2026Price change$160,000-8.6%$182/sqft
        Source: GAMLS #10778275 Report a problem
        6/4/2026Listed for sale$175,000-22.2%$199/sqft
        Source: GAMLS #10778275 Report a problem
        6/27/2025Listing removed$224,900$255/sqft
        Source: FMLS GA #7511940 Report a problem
        1/24/2025Listed for sale$224,900$255/sqft
        Source: FMLS GA #7511940 Report a problem
        1/16/2025Listing removed$224,900$255/sqft
        Source: FMLS GA #7419511 Report a problem
        10/14/2024Price change$224,900-2.2%$255/sqft
        Source: GAMLS #10339165 Report a problem
        9/11/2024Listing removed$1,275$1/sqft
        Source: Zillow Rentals Report a problem
        7/16/2024Listed for sale$229,900+177%$261/sqft
        Source: GAMLS #10339165 Report a problem
        5/24/2024Price change$1,275-7.3%$1/sqft
        Source: Zillow Rentals Report a problem
        3/20/2024Listed for rent$1,375+25%$2/sqft
        Source: Zillow Rentals Report a problem
        3/5/2020Listing removed$1,100$1/sqft
        Source: Blue Peach Realty LLC #8675409 Report a problem
        10/11/2019Listed for rent$1,100+10%$1/sqft
        Source: Blue Peach Realty, LLC. #6630475 Report a problem
        3/9/2018Listing removed$1,000$1/sqft
        Source: ALLU Realty, LLC #8298818 Report a problem
        11/19/2017Listed for rent$1,000$1/sqft
        Source: Zillow Rental Network #8298818 Report a problem
        11/13/2017Sold$83,000-2.2%$94/sqft
        Source: FMLS GA #5913900 Report a problem
        10/16/2017Pending sale$84,900$96/sqft
        Source: Berkshire Hathaway HomeServices Georgia Properties - Dunwoody Sandy Springs #5913900 Report a problem
        10/9/2017Price change$84,900-5.6%$96/sqft
        Source: Berkshire Hathaway HomeServices Georgia Properties - Dunwoody Sandy Springs #5913900 Report a problem
        9/30/2017Listed for sale$89,900+87.1%$102/sqft
        Source: Berkshire Hathaway HomeServices Georgia Properties - Dunwoody Sandy Springs #5913900 Report a problem
        8/30/2017Sold$48,050-3.3%$55/sqft
        Source: FMLS GA #5891627 Report a problem
        8/16/2017Pending sale$49,700$56/sqft
        Source: Coldwell Banker Residential Brokerage - 400 North/Lake Lanier #5891627 Report a problem
        8/8/2017Listed for sale$49,700+80.7%$56/sqft
        Source: COLDWELL BANKER RESIDENTIAL BROKERAGE #5891627 Report a problem
        8/23/2016Sold$27,500-19.1%$31/sqft
        Source: FMLS GA #5395039 Report a problem
        6/24/2016Pending sale$34,000$39/sqft
        Source: DARLENE PHILLIPS REAL ESTATE #7401162 Report a problem
        6/22/2016Listed for sale$34,000$39/sqft
        Source: DARLENE PHILLIPS REAL ESTATE #7401162 Report a problem
        6/15/2016Pending sale$34,000$39/sqft
        Source: DARLENE PHILLIPS REAL ESTATE #7401162 Report a problem
        6/3/2016Listed for sale$34,000-78%$39/sqft
        Source: DARLENE PHILLIPS REAL ESTATE #5395039 Report a problem
        8/16/2000Sold$154,500$175/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,111 +9.8%$87,080 +10.9%
        2024$3,746 +5.8%$78,520 +5%
        2023$3,539 +18.2%$74,760 +20.3%
        2022$2,993 +27.5%$62,160 +31%
        2021$2,347 +12.7%$47,440 +14.6%
        2020$2,082 +26.4%$41,400 +31.5%
        2019$1,647 +4.1%$31,480 +5.2%
        2018$1,581 +61.6%$29,920 +172%
        2017$978 +350%$11,000 +123.6%
        2016$217 $4,920
        2014$217 $4,920 -0.1%
        2013-- $4,924 +2.6%
        2012-- $4,800 -13%
        2011-- $5,520 -53.8%
        2010$479 $11,960
        2009$479 +2%$11,960
        2008$470 0%$11,960
        2007$470 $11,960
        2006$470 +55.7%$11,960 +53.3%
        2005$302 +3.2%$7,800 +3.2%
        2004$293 -0.3%$7,560
        2003$293 +2.6%$7,560
        2002$286 +1.5%$7,560
        2001$282 $7,560
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 30087

        Getting around

        5 / 100
        Car-Dependent
        3 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Pine Ridge
        • Middle: Stephenson
        • High: Stephenson

        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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