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  • $249,000

    1995 Northerly Way, Stone Mountain, GA 30088

    4beds
    1,272sqft
    : 
    $1,760/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1981
    8,276 Square Feet Lot
    $247,700 Zestimate®
    $196/sqft
    $30/mo HOA

    What's special

    Spacious backyardUpdated finishes throughoutRecessed lightingSpacious layoutUpdated flooring
    **REMOLDED & INCOME-PRODUCING INVESTMENT OPPORTUNITY!** Welcome to this beautifully remodeled 4-bedroom, 3-bathroom single-family home in a quiet and desirable Stone Mountain-area neighborhood. Featuring updated finishes throughout, this property offers the perfect combination of modern living and strong investment potential. The home has been thoughtfully renovated with updated flooring, kitchen countertops, bathroom amenities, recessed lighting, and fresh interior and exterior paint. The spacious layout provides plenty of room for comfortable living, while the private backyard offers additional space for entertaining, recreation, or relaxation. For investors, this property is currently tenant occupied through the end of the year and is generating approximately a **7% ROI**, providing immediate rental income with an existing tenant in place. This presents an excellent opportunity for an investor seeking a turnkey rental property with established income. For owner-occupants, the home offers a move-in-ready property in a peaceful residential setting with convenient access to Stone Mountain, shopping, dining, parks, schools, and major roadways. **Property Highlights:** * 4 Bedrooms * 3 Bathrooms * Recently remodeled * Updated kitchen and bathrooms * New flooring * Recessed lighting * Fresh interior & exterior paint * Spacious backyard * Quiet residential neighborhood * Tenant occupied through year-end * Approximately 7% current ROI **IMPORTANT SHOWING INFORMATION:** Please **DO NOT DISTURB THE TENANT**. The property is currently occupied, and all showings must be coordinated and approved in advance. The property may be viewed during the **due diligence period**, subject to proper notice and scheduling with the tenant. Please respect the tenant's privacy and do not approach the property without an approved appointment. Whether you're looking for your next investment property or a beautifully updated home with future flexibility, this property is worth a closer look. **Schedule your showing today!**
    3 days
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    143
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    8
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Saad Aly,

    EXP Realty, LLC. 888-959-9461

    Source: FMLS GA,MLS#: 7820828MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 3
      • Main level bedrooms: 4
      Rooms
      • Room types: Other
      Primary bedroom
      • Features: Master on Main
      • Level: Master on Main
      Bedroom
      • Features: Master on Main
      Primary bathroom
      • Features: Shower Only
      Dining room
      • Features: Great Room
      Kitchen
      • Features: Breakfast Bar, Breakfast Room, Cabinets White, Eat-in Kitchen, Keeping Room, Kitchen Island, Stone Counters
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Electric Cooktop, Gas Oven, Gas Water Heater, Refrigerator
      • Laundry: Common Area
      Features
      • Other
      • Flooring: Luxury Vinyl
      • Windows: Insulated Windows
      • Basement: None
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,272
      • Total interior livable area: 1,272 sqft

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered
      • Exterior features: None, No Dock
      • Pool features: None
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: Other
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 8,276 Square Feet
      • Dimensions: 106 x 55
      • Features: Back Yard
      Details
      • Additional structures: None
      • Parcel number: 16 038 06 264
      • Other equipment: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence, Residential
      Materials
      • HardiPlank Type
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1981

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Other
      • Security: Carbon Monoxide Detector(s), Fire Alarm
      • Subdivision: Scarbrough Square
      HOA
      • Has HOA: Yes
      • HOA fee: $30 monthly
      Location
      • Region: Stone Mountain

      Financial & listing details

      • Price per square foot: $196/sqft
      • Tax assessed value: $215,700
      • Annual tax amount: $4,218
      • Date on market: 8/13/2026
      • Cumulative days on market: 3 days
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $247,700

        $235,000 - $260,000

        $1,728/mo

        Price history

        DateEventPrice
        8/13/2026Listed for sale$249,000+8.7%$196/sqft
        Source: FMLS GA #7820828 Report a problem
        12/15/2025Listing removed$1,500$1/sqft
        Source: Zillow Rentals Report a problem
        12/6/2025Listed for rent$1,500-6.3%$1/sqft
        Source: Zillow Rentals Report a problem
        12/6/2025Listing removed$1,600$1/sqft
        Source: Zillow Rentals Report a problem
        10/7/2025Price change$1,600-5.8%$1/sqft
        Source: Zillow Rentals Report a problem
        10/4/2025Price change$1,699-8.2%$1/sqft
        Source: Zillow Rentals Report a problem
        8/27/2025Price change$1,850-5.1%$1/sqft
        Source: Zillow Rentals Report a problem
        8/22/2025Price change$1,950+5.4%$2/sqft
        Source: Zillow Rentals Report a problem
        8/12/2025Price change$1,850-5.1%$1/sqft
        Source: Zillow Rentals Report a problem
        7/10/2025Price change$1,950-11.2%$2/sqft
        Source: Zillow Rentals Report a problem
        7/1/2025Listed for rent$2,195$2/sqft
        Source: Zillow Rentals Report a problem
        7/1/2025Listing removed$229,000$180/sqft
        Source: GAMLS #10464975 Report a problem
        6/7/2025Price change$229,000-0.4%$180/sqft
        Source: GAMLS #10464975 Report a problem
        5/27/2025Price change$230,000-2.1%$181/sqft
        Source: FMLS GA #7529064 Report a problem
        5/8/2025Price change$235,000-0.8%$185/sqft
        Source: GAMLS #10464975 Report a problem
        4/27/2025Price change$237,000-0.4%$186/sqft
        Source: FMLS GA #7529064 Report a problem
        4/21/2025Price change$238,000-0.4%$187/sqft
        Source: FMLS GA #7529064 Report a problem
        4/13/2025Price change$239,000-0.4%$188/sqft
        Source: FMLS GA #7529064 Report a problem
        3/25/2025Price change$239,998-2%$189/sqft
        Source: FMLS GA #7529064 Report a problem
        2/24/2025Listed for sale$245,000-1.6%$193/sqft
        Source: FMLS GA #7529064 Report a problem
        2/7/2025Listing removed$249,000$196/sqft
        Source: GAMLS #10387737 Report a problem
        1/13/2025Price change$249,000-0.4%$196/sqft
        Source: GAMLS #10387737 Report a problem
        12/2/2024Price change$249,999-1.6%$197/sqft
        Source: FMLS GA #7464715 Report a problem
        11/29/2024Price change$254,000-0.4%$200/sqft
        Source: FMLS GA #7464715 Report a problem
        11/19/2024Listed for sale$255,000+34.3%$200/sqft
        Source: FMLS GA #7464715 Report a problem
        7/23/2024Sold$189,900+21.7%$149/sqft
        Source: GAMLS #10330724 Report a problem
        5/10/2024Sold$156,000$123/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,218 +62.8%$86,280 -3.4%
        2024$2,592 +60.2%$89,320 +19%
        2023$1,618 -21.8%$75,080 +7.4%
        2022$2,068 +36.1%$69,880 +51.5%
        2021$1,519 +16.1%$46,120 +16.2%
        2020$1,309 +2.6%$39,680 +1.5%
        2019$1,276 +28.2%$39,080 +26.2%
        2018$995 +2.1%$30,960 +5%
        2017$975 +1.7%$29,480 -0.5%
        2016$959 $29,640 +60%
        2014$959 $18,520 +25.5%
        2013-- $14,760 +70%
        2012-- $8,680 -29.4%
        2011-- $12,288 -48.3%
        2010$734 $23,760
        2009$734 -37%$23,760 -47.8%
        2008$1,166 -6.6%$45,560
        2007$1,248 +6.4%$45,560
        2006$1,173 +5.9%$45,560
        2005$1,108 +15.6%$45,560 +12.5%
        2004$958 +12.7%$40,480 +7.8%
        2003$850 +12%$37,560
        2002$759 +59.1%$37,560 +8.8%
        2001$477 $34,520
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 30088

        Getting around

        7 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

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

        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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