5251 Greenpoint Dr · Redan, GA 30088

$230,000

4 bd · 2.5 ba · 1,994 sqft · SingleFamily public records · 36 Days on market

Built 1973 0.53 ac lot $115/sqft · 24% below area Est $301k · 24% under $17/mo HOA · 1% of rent

---

Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +16.0/30.0
• ARV discount +15.0/15.0
• DSCR +5.0/10.0
• 1% rule +4.1/10.0
• Rent growth +3.4/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious Split-Level Home on Half-Acre Lot in Hidden Hills - Stone Mountain, GA. Nestled in the quiet Hidden Hills subdivision of Stone Mountain, this spacious 3-bedroom, 2.5-bathroom split-level home offers nearly 2,000 sq. ft. of living space on a generous 0.53-acre cul-de-sac lot. With plenty of charm and potential, this home is perfect for buyers looking to add their personal touch. Originally a 4-bedroom home, a wall was removed to create a spacious master suite with a private sitting area, providing a relaxing retreat with added flexibility Set on a beautifully wooded lot, the property offers privacy, mature trees, and the potential for a custom outdoor oasis. Located in a well-maintained neighborhood, this home combines space, location, and opportunity. With solid bones and a layout full of possibilities, this home just needs a little TLC to truly shine. A great opportunity for homeowners or investors alike. --- **Instant Equity Opportunity - **Perfect for Investors OR Families!** This solid home is tucked into a quiet, established neighborhood and offers **immediate potential** with just minor updates. Whether you're an investor looking for value-add upside or a family seeking an affordable, livable space to make your own - this is a must-see! - Spacious layout with great natural light - Functional kitchen & baths - update at your pace - Strong mechanicals + off-street parking - Large backyard - room to grow, garden, or play --- ** Sweat Equity = Smart Investment** This home is move-in ready and just needs cosmetic upgrades to truly shine. Perfect for: - Buy-and-hold investors - First-time homebuyers - DIY homeowners

Key facts

• Half-acre lot
• Wooded lot
• Custom outdoor oasis

Tags

• HALF-ACRE LOT
• SPACIOUS MASTER SUITE
• PRIVATE SITTING AREA
• WOODED LOT
• MATURE TREES
• CUSTOM OUTDOOR OASIS

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $115 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (8.8% below list).
• Recommended offer: $210k (8.8% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 5.4% in Redan — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 64/100 on livability (#274 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, amenities F, commute F.
• Dekalb County (suburban): math 19% / reading 28% proficiency, ranked #125 of 174 in GA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.7%/yr); 215 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
• This rent runs 36% of the median local income ($70k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• DeKalb County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 15y ago; this cycle's ask has dropped $25k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $122k; list at $230k implies a 89% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $209,705 (8.8% below list)

Questions for the listing agent

1. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.91% ✗
• Cap rate: 6.89%
• Cash-on-cash: 2.14%
• DSCR: 1.10
• GRM: 9.1

CMA / ARV

• ARV (median comp): $300,770
• List price: $230,000
• Delta: -23.53%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5320 Kelleys Creek Dr	0.23mi	3/2.5 (-1)	1,834 (-8%)	4mo	$292,000	$159	67
5309 Golfcrest Cir	0.35mi	3/2.5 (-1)	2,141 (+7%)	2mo	$157,000	$73	65
5292 Biffle Rd	0.18mi	4/3.5	2,260 (+13%)	1mo	$335,000	$148	64
1402 Bridgewater Br	0.46mi	4/2.0	1,808 (-9%)	1mo	$259,000	$143	60
5360 Fieldgreen Dr	0.60mi	4/3.5	2,114 (+6%)	2mo	$321,600	$152	56
1342 Muirfield Dr	0.74mi	4/3.0	2,064 (+4%)	3mo	$277,990	$135	55
1503 Bridgewater Br	0.28mi	5/2.5 (+1)	2,278 (+14%)	6mo	$263,500	$116	53
5404 Biffle Downs Rd	0.46mi	3/2.0 (-1)	1,750 (-12%)	0mo	$217,000	$124	51
4970 Clubgreen Smt	0.68mi	4/2.5	2,159 (+8%)	5mo	$299,000	$138	51
5406 Megan Rd	0.73mi	5/3.0 (+1)	1,924 (-4%)	5mo	$298,850	$155	49
1556 Linksview Close	0.73mi	3/2.5 (-1)	2,190 (+10%)	6mo	$260,000	$119	39
4923 Terrace Green Way	0.73mi	3/2.5 (-1)	2,280 (+14%)	4mo	$314,280	$138	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.72% rent growth · sell at horizon

5-year hold

• IRR: -12.1%
• Equity multiple: 0.56×
• Total profit: $-28,428
• Equity at exit: $34,294

10-year hold

• IRR: -2.0%
• Equity multiple: 0.86×
• Total profit: $-8,961
• Equity at exit: $19,886

Cash invested: $64,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Georgia: 90 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

Methodology + full state rankings →

ZIP-level market 30088

• Rents YoY: 3.7%
• Active inventory: 215
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $2,097 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$223 /mo · $2,675/yr
• Insurance: −$96
• HOA: −$17
• Vacancy / Maint / Mgmt: −$440
• Net cashflow: $115

Break-even live

Break-even rent $1,952

Max offer price $230,000

Occupancy floor 90%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $57,500
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5118 Rocky Gln Stone Mountain, GA	4.0	2.0	1932	$2,100	$1.09	44d	1	0.52mi
1717 Panola Rd Stone Mountain, GA	3.0–4.0	2.5	2107	$3,360	$1.59	1d	97	0.53mi
1467 Muirfield Dr Stone Mountain, GA	3.0	2.0	1630	$1,870	$1.15	22d	1	0.54mi
1652 Downs Xing Stone Mountain, GA	3.0	2.5	1376	$1,675	$1.22	5d	1	0.57mi
1401 Panola Rd Stone Mountain, GA	4.0	4.5	2000	$2,975	$1.49	44d	1	0.69mi
4939 Clubgreen Smt Stone Mountain, GA	4.0	2.5	2156	$2,139	$0.99	44d	1	0.73mi
1338 Mill Lake Cir Stone Mountain, GA	3.0	2.0	1844	$1,900	$1.03	2d	1	0.83mi
1724 Laurel Creek Cir Lithonia, GA	3.0	2.5	1558	$1,935	$1.24	13d	1	0.86mi
1874 Vauxhall Dr Lithonia, GA	3.0	2.0	1367	$1,595	$1.17	3d	1	0.87mi
4852 Lost Colony Ct Stone Mountain, GA	4.0	3.0	1694	$1,775	$1.05	24d	1	0.88mi
4935 Millstone Walk Stone Mountain, GA	3.0	2.5	1248	$1,950	$1.56	5d	1	0.91mi
1373 Mill Lake Cir Stone Mountain, GA	3.0	2.0	1296	$1,773	$1.37	24d	1	0.91mi
1610 Burnstone Dr Stone Mountain, GA	3.0	2.0	1370	$1,850	$1.35	44d	1	0.93mi
1168 Perry Way Stone Mountain, GA	4.0	3.0	2100	$1,200	$0.57	2d	1	0.93mi
1401 Mill Lake Cir Stone Mountain, GA	3.0	2.0	1320	$1,675	$1.27	13d	1	0.96mi
5386 Kristian Ct Stone Mountain, GA	4.0	2.0	1531	$1,901	$1.24	24d	1	0.97mi
1228 Mill Lake Cir Stone Mountain, GA	3.0	2.0	1344	$1,645	$1.22	44d	1	1.00mi
1576 Canberra Dr Stone Mountain, GA	3.0	2.0	1850	$1,900	$1.03	3d	1	1.01mi
1576 Canberra Dr Stone Mountain, GA	3.0	2.0	1850	$1,000	$0.54	4d	1	1.01mi
1433 Saint Dunstans Rd Lithonia, GA	4.0	2.5	2283	$1,911	$0.84	24d	1	1.02mi
2079 Panola Way Ct Lithonia, GA	4.0	3.0	1971	$1,850	$0.94	24d	1	1.04mi
1487 Saint Dunstans Rd Lithonia, GA	3.0	2.5	1650	$2,023	$1.23	5d	1	1.04mi
1600 Devon Ct Stone Mountain, GA	4.0	3.0	2100	$2,145	$1.02	24d	1	1.06mi
1183 Mill Lake Cir Stone Mountain, GA	3.0	2.0	1373	$1,751	$1.28	5d	1	1.08mi
5799 Redan Rd Stone Mountain, GA	3.0	2.0	1546	$1,490	$0.96	24d	1	1.10mi
1964 Taffeta Trl Lithonia, GA	3.0	2.0	1508	$1,870	$1.24	20d	1	1.13mi
1076 Martin Rd Stone Mountain, GA	4.0	2.0	1760	$2,011	$1.14	17d	1	1.18mi
5579 Marbut Rd Lithonia, GA	3.0	2.5	1280	$1,850	$1.45	44d	1	1.20mi
5356 Olde St Stone Mountain, GA	3.0	2.5	1560	$1,745	$1.12	21d	1	1.21mi
2005 Marbut Forest Dr Lithonia, GA	3.0	2.0	1556	$1,900	$1.22	5d	1	1.22mi
1078 Forest Path Stone Mountain, GA	4.0	2.5	1554	$1,845	$1.19	44d	1	1.22mi
5368 Olde St Stone Mountain, GA	5.0	3.0	1988	$2,195	$1.10	22d	1	1.23mi
5179 Scarbrough Trl W Stone Mountain, GA	4.0	3.0	1700	$1,575	$0.93	4d	1	1.26mi
5739 Hilton Ridge Rd Lithonia, GA	3.0	2.5	2000	$1,820	$0.91	2d	1	1.27mi
1000 Hidden Chase Stone Mountain, GA	1.0–3.0	1.0–2.0	1185	$1,510	$1.27	5d	1	1.33mi
5452 Perching Pl Lithonia, GA	3.0	2.5	2036	$1,900	$0.93	24d	1	1.34mi
5536 Downs Way Lithonia, GA	3.0	2.0	1400	$1,600	$1.14	44d	1	1.34mi
4073 Cedar Ridge Trl Stone Mountain, GA	4.0	2.5	2100	$1,761	$0.84	44d	1	1.35mi
982 Chapman Cir Stone Mountain, GA	3.0	2.0	1476	$2,000	$1.36	1d	1	1.38mi
5663 Saint Thomas Dr Lithonia, GA	4.0	2.0	1230	$1,595	$1.30	13d	1	1.38mi

HOA detail

• Monthly dues: $17 · $204/yr

Listing history 29 events

1. 2026-05-13
   status Under Contract 1710-char remark

   Show marketing remark (1742 chars)

   Spacious Split-Level Home on Half-Acre Lot in Hidden Hills – Stone Mountain, GA. Nestled in the quiet Hidden Hills subdivision of Stone Mountain, this spacious 3-bedroom, 2.5-bathroom split-level home offers nearly 2,000 sq. ft. of living space on a generous 0.53-acre cul-de-sac lot. With plenty of charm and potential, this home is perfect for buyers looking to add their personal touch. Originally a 4-bedroom home, a wall was removed to create a spacious master suite with a private sitting area, providing a relaxing retreat with added flexibility Set on a beautifully wooded lot, the property offers privacy, mature trees, and the potential for a custom outdoor oasis. Located in a well-maintained neighborhood, this home combines space, location, and opportunity. With solid bones and a layout full of possibilities, this home just needs a little TLC to truly shine. A great opportunity for homeowners or investors alike. --- **Instant Equity Opportunity – **Perfect for Investors OR Families!** This solid home is tucked into a quiet, established neighborhood and offers **immediate potential** with just minor updates. Whether you're an investor looking for value-add upside or a family seeking an affordable, livable space to make your own — this is a must-see! - Spacious layout with great natural light - Functional kitchen & baths – update at your pace - Strong mechanicals + off-street parking - Large backyard – room to grow, garden, or play --- ** Instant Equity = Smart Investment** This home is move-in ready and just needs cosmetic upgrades to truly shine. Perfect for: - Buy-and-hold investors - First-time homebuyers - DIY homeowners

2. 2026-05-13
   status Pending 1742-char remark

   Show marketing remark (1742 chars)

   Spacious Split-Level Home on Half-Acre Lot in Hidden Hills – Stone Mountain, GA. Nestled in the quiet Hidden Hills subdivision of Stone Mountain, this spacious 3-bedroom, 2.5-bathroom split-level home offers nearly 2,000 sq. ft. of living space on a generous 0.53-acre cul-de-sac lot. With plenty of charm and potential, this home is perfect for buyers looking to add their personal touch. Originally a 4-bedroom home, a wall was removed to create a spacious master suite with a private sitting area, providing a relaxing retreat with added flexibility Set on a beautifully wooded lot, the property offers privacy, mature trees, and the potential for a custom outdoor oasis. Located in a well-maintained neighborhood, this home combines space, location, and opportunity. With solid bones and a layout full of possibilities, this home just needs a little TLC to truly shine. A great opportunity for homeowners or investors alike. --- **Instant Equity Opportunity – **Perfect for Investors OR Families!** This solid home is tucked into a quiet, established neighborhood and offers **immediate potential** with just minor updates. Whether you're an investor looking for value-add upside or a family seeking an affordable, livable space to make your own — this is a must-see! - Spacious layout with great natural light - Functional kitchen & baths – update at your pace - Strong mechanicals + off-street parking - Large backyard – room to grow, garden, or play --- ** Instant Equity = Smart Investment** This home is move-in ready and just needs cosmetic upgrades to truly shine. Perfect for: - Buy-and-hold investors - First-time homebuyers - DIY homeowners

3. 2026-05-08
   price $230,000 1710-char remark

   Show marketing remark (1742 chars)

   Spacious Split-Level Home on Half-Acre Lot in Hidden Hills – Stone Mountain, GA. Nestled in the quiet Hidden Hills subdivision of Stone Mountain, this spacious 3-bedroom, 2.5-bathroom split-level home offers nearly 2,000 sq. ft. of living space on a generous 0.53-acre cul-de-sac lot. With plenty of charm and potential, this home is perfect for buyers looking to add their personal touch. Originally a 4-bedroom home, a wall was removed to create a spacious master suite with a private sitting area, providing a relaxing retreat with added flexibility Set on a beautifully wooded lot, the property offers privacy, mature trees, and the potential for a custom outdoor oasis. Located in a well-maintained neighborhood, this home combines space, location, and opportunity. With solid bones and a layout full of possibilities, this home just needs a little TLC to truly shine. A great opportunity for homeowners or investors alike. --- **Instant Equity Opportunity – **Perfect for Investors OR Families!** This solid home is tucked into a quiet, established neighborhood and offers **immediate potential** with just minor updates. Whether you're an investor looking for value-add upside or a family seeking an affordable, livable space to make your own — this is a must-see! - Spacious layout with great natural light - Functional kitchen & baths – update at your pace - Strong mechanicals + off-street parking - Large backyard – room to grow, garden, or play --- ** Instant Equity = Smart Investment** This home is move-in ready and just needs cosmetic upgrades to truly shine. Perfect for: - Buy-and-hold investors - First-time homebuyers - DIY homeowners

4. 2026-05-08
   price $230,000 1742-char remark

   Show marketing remark (1742 chars)

   Spacious Split-Level Home on Half-Acre Lot in Hidden Hills – Stone Mountain, GA. Nestled in the quiet Hidden Hills subdivision of Stone Mountain, this spacious 3-bedroom, 2.5-bathroom split-level home offers nearly 2,000 sq. ft. of living space on a generous 0.53-acre cul-de-sac lot. With plenty of charm and potential, this home is perfect for buyers looking to add their personal touch. Originally a 4-bedroom home, a wall was removed to create a spacious master suite with a private sitting area, providing a relaxing retreat with added flexibility Set on a beautifully wooded lot, the property offers privacy, mature trees, and the potential for a custom outdoor oasis. Located in a well-maintained neighborhood, this home combines space, location, and opportunity. With solid bones and a layout full of possibilities, this home just needs a little TLC to truly shine. A great opportunity for homeowners or investors alike. --- **Instant Equity Opportunity – **Perfect for Investors OR Families!** This solid home is tucked into a quiet, established neighborhood and offers **immediate potential** with just minor updates. Whether you're an investor looking for value-add upside or a family seeking an affordable, livable space to make your own — this is a must-see! - Spacious layout with great natural light - Functional kitchen & baths – update at your pace - Strong mechanicals + off-street parking - Large backyard – room to grow, garden, or play --- ** Instant Equity = Smart Investment** This home is move-in ready and just needs cosmetic upgrades to truly shine. Perfect for: - Buy-and-hold investors - First-time homebuyers - DIY homeowners

5. 2026-04-18
   price $245,000 1710-char remark

   Show marketing remark (1742 chars)

   Spacious Split-Level Home on Half-Acre Lot in Hidden Hills – Stone Mountain, GA. Nestled in the quiet Hidden Hills subdivision of Stone Mountain, this spacious 3-bedroom, 2.5-bathroom split-level home offers nearly 2,000 sq. ft. of living space on a generous 0.53-acre cul-de-sac lot. With plenty of charm and potential, this home is perfect for buyers looking to add their personal touch. Originally a 4-bedroom home, a wall was removed to create a spacious master suite with a private sitting area, providing a relaxing retreat with added flexibility Set on a beautifully wooded lot, the property offers privacy, mature trees, and the potential for a custom outdoor oasis. Located in a well-maintained neighborhood, this home combines space, location, and opportunity. With solid bones and a layout full of possibilities, this home just needs a little TLC to truly shine. A great opportunity for homeowners or investors alike. --- **Instant Equity Opportunity – **Perfect for Investors OR Families!** This solid home is tucked into a quiet, established neighborhood and offers **immediate potential** with just minor updates. Whether you're an investor looking for value-add upside or a family seeking an affordable, livable space to make your own — this is a must-see! - Spacious layout with great natural light - Functional kitchen & baths – update at your pace - Strong mechanicals + off-street parking - Large backyard – room to grow, garden, or play --- ** Instant Equity = Smart Investment** This home is move-in ready and just needs cosmetic upgrades to truly shine. Perfect for: - Buy-and-hold investors - First-time homebuyers - DIY homeowners

6. 2026-04-18
   price $245,000 1742-char remark

   Show marketing remark (1742 chars)

   Spacious Split-Level Home on Half-Acre Lot in Hidden Hills – Stone Mountain, GA. Nestled in the quiet Hidden Hills subdivision of Stone Mountain, this spacious 3-bedroom, 2.5-bathroom split-level home offers nearly 2,000 sq. ft. of living space on a generous 0.53-acre cul-de-sac lot. With plenty of charm and potential, this home is perfect for buyers looking to add their personal touch. Originally a 4-bedroom home, a wall was removed to create a spacious master suite with a private sitting area, providing a relaxing retreat with added flexibility Set on a beautifully wooded lot, the property offers privacy, mature trees, and the potential for a custom outdoor oasis. Located in a well-maintained neighborhood, this home combines space, location, and opportunity. With solid bones and a layout full of possibilities, this home just needs a little TLC to truly shine. A great opportunity for homeowners or investors alike. --- **Instant Equity Opportunity – **Perfect for Investors OR Families!** This solid home is tucked into a quiet, established neighborhood and offers **immediate potential** with just minor updates. Whether you're an investor looking for value-add upside or a family seeking an affordable, livable space to make your own — this is a must-see! - Spacious layout with great natural light - Functional kitchen & baths – update at your pace - Strong mechanicals + off-street parking - Large backyard – room to grow, garden, or play --- ** Instant Equity = Smart Investment** This home is move-in ready and just needs cosmetic upgrades to truly shine. Perfect for: - Buy-and-hold investors - First-time homebuyers - DIY homeowners

7. 2026-04-07
   listed $255,000 Active 1742-char remark

   Show marketing remark (1742 chars)

   Spacious Split-Level Home on Half-Acre Lot in Hidden Hills – Stone Mountain, GA. Nestled in the quiet Hidden Hills subdivision of Stone Mountain, this spacious 3-bedroom, 2.5-bathroom split-level home offers nearly 2,000 sq. ft. of living space on a generous 0.53-acre cul-de-sac lot. With plenty of charm and potential, this home is perfect for buyers looking to add their personal touch. Originally a 4-bedroom home, a wall was removed to create a spacious master suite with a private sitting area, providing a relaxing retreat with added flexibility Set on a beautifully wooded lot, the property offers privacy, mature trees, and the potential for a custom outdoor oasis. Located in a well-maintained neighborhood, this home combines space, location, and opportunity. With solid bones and a layout full of possibilities, this home just needs a little TLC to truly shine. A great opportunity for homeowners or investors alike. --- **Instant Equity Opportunity – **Perfect for Investors OR Families!** This solid home is tucked into a quiet, established neighborhood and offers **immediate potential** with just minor updates. Whether you're an investor looking for value-add upside or a family seeking an affordable, livable space to make your own — this is a must-see! - Spacious layout with great natural light - Functional kitchen & baths – update at your pace - Strong mechanicals + off-street parking - Large backyard – room to grow, garden, or play --- ** Instant Equity = Smart Investment** This home is move-in ready and just needs cosmetic upgrades to truly shine. Perfect for: - Buy-and-hold investors - First-time homebuyers - DIY homeowners

8. 2026-04-06
   historical
9. 2026-02-19
   status Back On Market
10. 2026-02-12
    status Under Contract
11. 2026-01-13
    price $255,000
12. 2025-11-20
    price $260,000
13. 2025-10-03
    price $265,000
14. 2025-09-12
    price $275,000
15. 2025-09-02
    price $285,000
16. 2025-07-17
    price $305,000
17. 2025-06-20
    price $315,735
18. 2025-05-08
    price $325,500
19. 2025-04-03
    listed $255,000 New 1710-char remark

    Show marketing remark (1710 chars)

    Spacious Split-Level Home on Half-Acre Lot in Hidden Hills - Stone Mountain, GA. Nestled in the quiet Hidden Hills subdivision of Stone Mountain, this spacious 3-bedroom, 2.5-bathroom split-level home offers nearly 2,000 sq. ft. of living space on a generous 0.53-acre cul-de-sac lot. With plenty of charm and potential, this home is perfect for buyers looking to add their personal touch. Originally a 4-bedroom home, a wall was removed to create a spacious master suite with a private sitting area, providing a relaxing retreat with added flexibility Set on a beautifully wooded lot, the property offers privacy, mature trees, and the potential for a custom outdoor oasis. Located in a well-maintained neighborhood, this home combines space, location, and opportunity. With solid bones and a layout full of possibilities, this home just needs a little TLC to truly shine. A great opportunity for homeowners or investors alike. --- **Instant Equity Opportunity - **Perfect for Investors OR Families!** This solid home is tucked into a quiet, established neighborhood and offers **immediate potential** with just minor updates. Whether you're an investor looking for value-add upside or a family seeking an affordable, livable space to make your own - this is a must-see! - Spacious layout with great natural light - Functional kitchen & baths - update at your pace - Strong mechanicals + off-street parking - Large backyard - room to grow, garden, or play --- ** Sweat Equity = Smart Investment** This home is move-in ready and just needs cosmetic upgrades to truly shine. Perfect for: - Buy-and-hold investors - First-time homebuyers - DIY homeowners

20. 2025-04-03
    listed $350,000 New

    Show marketing remark (1710 chars)

    Spacious Split-Level Home on Half-Acre Lot in Hidden Hills - Stone Mountain, GA. Nestled in the quiet Hidden Hills subdivision of Stone Mountain, this spacious 3-bedroom, 2.5-bathroom split-level home offers nearly 2,000 sq. ft. of living space on a generous 0.53-acre cul-de-sac lot. With plenty of charm and potential, this home is perfect for buyers looking to add their personal touch. Originally a 4-bedroom home, a wall was removed to create a spacious master suite with a private sitting area, providing a relaxing retreat with added flexibility Set on a beautifully wooded lot, the property offers privacy, mature trees, and the potential for a custom outdoor oasis. Located in a well-maintained neighborhood, this home combines space, location, and opportunity. With solid bones and a layout full of possibilities, this home just needs a little TLC to truly shine. A great opportunity for homeowners or investors alike. --- **Instant Equity Opportunity - **Perfect for Investors OR Families!** This solid home is tucked into a quiet, established neighborhood and offers **immediate potential** with just minor updates. Whether you're an investor looking for value-add upside or a family seeking an affordable, livable space to make your own - this is a must-see! - Spacious layout with great natural light - Functional kitchen & baths - update at your pace - Strong mechanicals + off-street parking - Large backyard - room to grow, garden, or play --- ** Sweat Equity = Smart Investment** This home is move-in ready and just needs cosmetic upgrades to truly shine. Perfect for: - Buy-and-hold investors - First-time homebuyers - DIY homeowners

21. 2011-07-13
    historical
22. 2011-07-13
    soldstatus $122,000
23. 2011-07-11
    soldstatus $122,000 Sold
24. 2011-05-14
    status Pending
25. 2011-03-24
    listed $125,000 Active
26. 2003-05-27
    soldstatus $170,000
27. 1992-01-31
    soldstatus $124,887
28. 1989-03-09
    soldstatus $97,500
29. 1989-02-16
    soldstatus $97,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $2,675 · $223/mo
• Projected year-2 tax: $2,675 · $223/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 16 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 10 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,165
• − Mortgage interest: −$12,884
• − Property taxes: −$2,675
• − Insurance: −$1,150
• − Repairs & maintenance: −$2,013
• − Management: −$2,013
• − HOA: −$204
• − Depreciation: −$6,691
• Taxable loss: −$2,465
• Est. tax savings @ 24.0%: +$592
• After-tax cash flow: $1,969/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Dekalb County
• NCES district ID: 1301740
• Math proficiency: 19% ▼ -12.00%
• Reading proficiency: 28% ▼ -7.00%
• Median HH income: $51,448
• Composite: 20.92/100
• National rank: #8482
• State rank: #125 of 174 in GA

Livability — Redan

• Score: 64/100
• State rank: #274
• US rank: #14766

Category grades

Amenities F Commute F Cost of living A+ Crime D Employment C Housing A+ Health & safety F User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Redan, GA
• County: Dekalb County · 782,738 people
• City population: 29,279
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 29,240
• Household income: $70,325
• Rent vs Own: 39.2% rent · 60.8% own
• Severe rent burden: 1106.0

Population outlook (DeKalb County) Hauer SSP2

• Today (2025): 839,977 people
• By 2030: 891,768 · +6.2%
• By 2040: 988,894 · +17.7%
• By 2050: 1,074,583 · +27.9%
• By 2075: 1,245,026 · +48.2%
• By 2100: 1,303,135 · +55.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (84%)
• Race & ethnicity: Black 84% White 5% Hispanic / Latino 5% Two or more races 5%
• Common ancestry: Swedish 1% Russian 1%
• Foreign-born: 11% · Canada
• Languages at home: 90% English-only · Spanish 4% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · DeKalb

• 2024 margin: Solid D (+64.8) · D 81.9% · R 17.1% · Other 1.0%
• 2008→2024 swing: +6.1pp toward D · 2008: 58.6pp · 2024: 64.8pp
• All cycles: 2024: D+64.8 2020: D+67.4 2016: D+64.8 2012: D+56.8 2008: D+58.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -169.92%
• Current HPI: 206.5421
• Rent YoY: ▲ 3.72%
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+135.9% since first listed

29 events — show timeline

• 2026-05-13 Pending — GAMLS
• 2026-05-13 Pending — FMLS
• 2026-05-08 Price Changed $230,000 GAMLS
• 2026-05-08 Price Changed $230,000 FMLS
• 2026-04-18 Price Changed $245,000 GAMLS
• 2026-04-18 Price Changed $245,000 FMLS
• 2026-04-07 Listed $255,000 FMLS
• 2026-04-06 Listing Removed — GAMLS
• 2026-02-19 Relisted — GAMLS
• 2026-02-12 Pending — GAMLS
• 2026-01-13 Price Changed $255,000 GAMLS
• 2025-11-20 Price Changed $260,000 GAMLS
• 2025-10-03 Price Changed $265,000 GAMLS
• 2025-09-12 Price Changed $275,000 GAMLS
• 2025-09-02 Price Changed $285,000 GAMLS
• 2025-07-17 Price Changed $305,000 GAMLS
• 2025-06-20 Price Changed $315,735 GAMLS
• 2025-05-08 Price Changed $325,500 GAMLS
• 2025-04-03 Listed $350,000 GAMLS
• 2025-04-03 Listed $255,000 GAMLS
• 2011-07-13 Listing Removed — FMLS
• 2011-07-13 Sold (Public Records) $122,000 Public Records
• 2011-07-11 Sold (MLS) $122,000 FMLS
• 2011-05-14 Pending — FMLS
• 2011-03-24 Listed $125,000 FMLS
• 2003-05-27 Sold (Public Records) $170,000 Public Records
• 1992-01-31 Sold (Public Records) $124,887 Public Records
• 1989-03-09 Sold (Public Records) $97,500 Public Records
• 1989-02-16 Sold (Public Records) $97,500 Public Records

Property tax history

+0.4%/yr

Latest (2025): $2,675 · +5.3% YoY. Source: county tax records.