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  • $325,000

    4087 Creek Ct, Stone Mountain, GA 30083

    10beds
    2,883sqft
    Single Family Residence, Residential
    Built in 1964
    0.3 Acres Lot
    $325,400 Zestimate®
    $113/sqft
    $2,227 Estimated rent

    Home value

    $325,400

    $299,000 - $351,000

    $2,227/mo

    Zestimate® history
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    $2,227/mo

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    What's special

    Rare, 12% CAP Occupied PadSplit grossing over $6,200+ per month gross income per month (AFTER vacancies). 0.3mi to public transit, and around the corner I-85/I-285 interchange and the airport for superb connectivity and access to job centers. Mind boggling cash flow will give you a cash-on-cash return of 25%+! Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.

    Zillow last checked:

    Listing updated:

    Listed by:

    Josh Stanton,

    Keller Williams Realty Metro Atlanta 404-564-5560

    Bought with:

    Michael Dumler, 407293

    Cornerstone Real Estate Partners, LLC

    Source: FMLS GA,MLS#: 7406787MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 6
    Rooms
    • Room types: Other
    Primary bedroom
    • Features: Other
    • Level: Other
    Bedroom
    • Features: Other
    Primary bathroom
    • Features: Other
    Dining room
    • Features: None
    Kitchen
    • Features: Cabinets Other, Tile Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range, Microwave, Refrigerator
    • Laundry: Common Area
    Features
    • Other
    • Flooring: Ceramic Tile, Laminate
    • Windows: None
    • Basement: Daylight,Finished
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,883
    • Total interior livable area: 2,883 sqft
    • Finished area above ground: 2,883
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Rain Gutters, No Dock
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 0.3 Acres
    • Dimensions: 94x5x120x110x178
    • Features: Back Yard, Front Yard, Level
    Details
    • Additional structures: None
    • Parcel number: 15 222 07 005
    • Other equipment: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick, Brick 4 Sides, Wood Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Electric: 110 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Sewer Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: None
    • Security: None
    • Subdivision: Hiawatha
    HOA
    • Has HOA: No
    Location
    • Region: Stone Mountain

    Financial & listing details

    • Price per square foot: $113/sqft
    • Tax assessed value: $270,200
    • Annual tax amount: $5,232
    • Date on market: 6/19/2024
    • Cumulative days on market: 6 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt
    • Body type: Other

    Price history

    DateEventPrice
    10/23/2024Sold$325,000+6.9%$113/sqft
    Source: FMLS GA #7406787 Report a problem
    6/26/2024Pending sale$304,000$105/sqft
    Source: FMLS GA #7406787 Report a problem
    6/19/2024Listed for sale$304,000+38.2%$105/sqft
    Source: FMLS GA #7406787 Report a problem
    7/28/2021Sold$220,000$76/sqft
    Source: Public Record Report a problem
    7/11/2021Contingent$220,000$76/sqft
    Source: GAMLS #9008306 Report a problem
    7/9/2021Pending sale$220,000$76/sqft
    Source: REX Real Estate Report a problem
    6/24/2021Listed for sale$220,000+107.6%$76/sqft
    Source: REX Real Estate Report a problem
    10/15/2004Sold$105,983+14%$37/sqft
    Source: Public Record Report a problem
    10/13/1997Sold$93,000$32/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,186 -5.7%$108,080 -6.3%
    2024$5,501 +5.1%$115,320 +4.5%
    2023$5,232 +24.1%$110,320 +25.4%
    2022$4,215 +26.7%$88,000 +29.9%
    2021$3,327 +16.3%$67,760 +18.6%
    2020$2,860 +18.2%$57,120 +21.3%
    2019$2,419 -5.9%$47,080 -6.7%
    2018$2,572 +4.5%$50,440 +5.4%
    2017$2,462 +9.7%$47,840 +11.8%
    2016$2,244 $42,800 +38.8%
    2014$2,244 $30,840 +95.2%
    2013-- $15,800 -2%
    2012-- $16,120 -12.4%
    2011-- $18,400 -63.1%
    2010$1,341 -32%$49,824 -20%
    2009$1,971 +16%$62,280
    2008$1,699 -0.6%$62,280
    2007$1,709 $62,280
    2006$1,709 -36.9%$62,280
    2005$2,708 +68.4%$62,280
    2004$1,608 +38.6%$62,280 +31.1%
    2003$1,160 +13.5%$47,520
    2002$1,022 +47.3%$47,520 +9.9%
    2001$694 $43,240
    Find assessor info on the county website

    Neighborhood: 30083

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rowland
    • Middle: Mary McLeod Bethune
    • High: Towers

    Source: FMLS GA. 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
    $325,400
    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
    $325,400