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$104,999
Listing Price2beds
2baths
1,097sqft
3,485sqft lot
5374 Cherry Wood Dr, Stone Mountain, GA 30083
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Full foreclosure details
Home value, equity and ownership info
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For Sale
New Listing
Off Market
Home type
Price / sqft
Year built
Home Details
Unlock significant investment potential with this charming ranch-style home located at 5374 Cherry Wood Drive in Stone Mountain. Priced at an attractive $104,999 Cash or conventional only , this property offers an exceptional opportunity for real estate investors seeking a strong return. Boasting a desirable double master bedroom layout this residence is designed for comfortable living and easy maintenance, appealing to a wide range of prospective tenants or future homeowners.The classic brick front exterior provides excellent curb appeal, while the quiet neighborhood ensures a peaceful environment. Built in 1986, this single-level home eliminates the concerns of stairs, enhancing accessibility and broad appeal. A major advantage for investors is NO Homeowners Association (HOA), which translates to lower holding costs and greater flexibility in property management. With an estimated After Repair Value (ARV) of $200,000, this property presents a clear path to substantial equity growth.This affordable investment is strategically located in Stone Mountain, a community offering convenience and a steady rental market. The practical layout, combined with the low-maintenance features and NO HOA fees, makes this an ideal asset for your portfolio. Seize the opportunity to transform this solid foundation into a lucrative investment. This property is ready for its next chapter, promising both immediate value and long-term appreciation for the savvy investor.
Interior Details
1097
2
2
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
3485
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
Yes
No
No
Construction Details
Ranch
Wood
N/A
Gable/hip
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,303
$8,400
$26,960
--%
$35,360
2019
$2,346
$8,960
$26,640
--%
$35,600
2017
$1,956
$5,200
$25,800
--%
$31,000
2017
$1,956
$5,200
$21,360
--%
$26,560
2016
$1,489
$5,200
$15,680
--%
$20,880
2014
$858
$5,200
$13,560
--%
$18,760
2013
$582
$5,200
$6,440
--%
$11,640
2012
$482
$5,200
$6,440
--%
$11,640
Average Home Price in 30083
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