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2505 Stone Road

2505 Stone Road, Atlanta, GA 30344
Sold Sep 16, 2021
$166,500
$163,483 by Broker Solutions
Mortgage Due Jan 01, 2051
Sold Mar 25, 2016
$12,900
2505 Stone Road in Atlanta, GA was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2505 Stone Road has 1,455 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,100 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing electric heaters and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2505 Stone Road was last sold in Sep 16, 2021 for $166,500. According to our calculations, that's $114.43 per sqft. Prior to that sales transaction, the property was sold for $12,900 in Mar 25, 2016. Current property owners are expected to pay $1,930 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 2505 Stone Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $68,360. To break that down further, the land itself was valued at $20,640. While improvements to the property were assessed at a total of $47,720. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2005
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Total Building Area: 1,455
  • Building Area: 1,455
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,455
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: J H HORNSBY ESTATE
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RENOVATIONS ALMOST COMPLETE 220

Ownership

  • Current Owner : HAYES ANNIKA
  • Previous Owner : MUHAMMAD AMEER
  • Owner Before Previous Owner: RES GA THIRTEEN LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 011310

Zoning

  • Zoning: R1

Geography

  • District: 20
  • Parcel: 14 019500020731
  • Lot: 101
  • Municipality: CITY OF EAST POINT
  • Latitude: 33.6662
  • Longitude: -84.4709

    Address

  • Full Address: 2505 Stone Rd
  • Address - House Number: 2505
  • Address - Street Name: Stone
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C024
  • 4-Digit Zip Code: 5646
  • Zip Code: 30344

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,930
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.2458
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 266,387
  • High Value: 331,880
  • Low Value: 200,895

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $211,104
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS
  • First Open Lien Mortgage Recording Date: Sep 16, 2021
  • First Open Lien Mortgage Loan Amount: $163,483
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051
  • Second Open Lien Mortgage Lender: US DEPARTMENT OF HOUSING AND U
  • Second Open Lien Mortgage Recording Date: Feb 19, 2024
  • Second Open Lien Mortgage Loan Amount: $47,621
  • Second Open Lien Mortgage Term: 480
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2064

    Market Valuation

  • Market Total Value: $170,900
  • Market Land Value: $51,600
  • Market Improvement Value: $119,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,360
  • Assessed Land Value: $20,640
  • Assessed Improvements Value: $47,720

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Transaction ID: 11860547295
  • Current Sale Price: $166,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-045759
  • Previous Sale Recording Date: Mar 25, 2016
  • Previous Sale Contract Date: Mar 25, 2016
  • Previous Sale Amount: $12,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS
  • First Mortgage Transaction Date: Sep 16, 2021
  • First Mortgage Loan Amount: $163,483
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

About Meadow Lark Estates



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Frequently Asked Questions

What neighborhood is 2505 Stone Road located in?
The 2505 Stone Road is a located in the neighborhood of Meadow Lark Estates in Meadow Lark Estates, Atlanta.
What is the average sales price for listings in 2505 Stone Road?
The average sales price for units in 2505 Stone Road is $0 currently.

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