5782 Southland Walk · Redan, GA 30087

$358,000

3 bd · 2.5 ba · 2,530 sqft · SingleFamily public records · 20 Days on market

Built 1988 7,405 sqft lot $142/sqft · 10% above area Est $406k · 12% under $33/mo HOA · 1% of rent

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Why this score? — see what drove the F 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).

• ARV discount +12.8/15.0
• Cash flow +6.4/30.0
• Livability +3.2/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• 1% rule +1.3/10.0
• DSCR +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this spacious 4-bedroom, 3.5-bath home nestled a quiet cul-de-sac on the golf course in the sought-after Southland community of Stone Mountain. Offering breathtaking views of Greenwood Lake and Henson Lake at the back, this two-story home presents an incredible opportunity to add your personal touch and build sweat equity while enjoying a scenic and established neighborhood setting. Step into the impressive entrance foyer with soaring ceilings, flanked by formal living and dining rooms ideal for entertaining or flexible enough to accommodate a 5th bedroom, office, or multipurpose living needs if desired. Fresh interior paint and hardwood floors flow throughout the entire main level, leading into the inviting family room featuring a classic brick fireplace. The kitchen offers granite countertops, stone backsplash, ample cabinetry, and abundant workspace for everyday living. Upstairs, the oversized primary suite features LVP flooring, his and hers closets, and a separate flex space perfect for a sitting room, office, nursery, or private retreat. The spacious primary bath includes skylights that fill the space with natural light. The secondary bedrooms each offer their own unique character - one showcases a charming built-in window seat overlooking the lake, while another features dramatic floor-to-ceiling bay-style windows that flood the room with natural light and create a bright, airy retreat. The finished basement provides exceptional flexibility with its own bedroom, full bathroom, and living area - ideal for guests, extended family, recreation space, home office setup, or additional living flexibility. This home has been cared for over the years and offers strong bones, generous square footage, and a highly desirable golf course location. Enjoy peaceful mornings and relaxing evenings overlooking the lake and fairway views from the expansive back deck. While the side patio offers an additional outdoor space for grilling, seating, or relaxing. Located just minutes from Historic Downtown Stone Mountain and scenic Stone Mountain Park, this community offers golf, swim/tennis amenities, sidewalks, and convenient access to schools, shopping, dining, and major highways.

Key facts

• Stone backsplash
• Finished basement
• Built-in window seat

Tags

• FINISHED BASEMENT
• EXPANSIVE BACK DECK
• BUILT-IN WINDOW SEAT
• FLOOR-TO-CEILING WINDOWS
• GRANITE COUNTERTOPS
• STONE BACKSPLASH

Property features AI

Finance

• Other: City street with asphalt road frontage; GPS friendly directions; Located in Dekalb County
• HOA & community: Homeowners association with semi-annual fee; HOA covers grounds maintenance, community pool, and tennis; Community features include golf, lake, playground, pool, and tennis courts

Exterior

• Parking: Attached garage (2 spaces) with side-facing garage; Driveway parking; Open parking available
• Utilities: Public water; Public sewer; 220-volt electric service; Cable available; Electricity available; Natural gas available; Phone available; Underground utilities
• Home design: Two levels; Resale property; Stucco exterior; Composition/shingle roof; Slab foundation
• Construction: Stucco construction; Shingle/composition roof; Slab foundation
• Exterior features: Private entrance; Private yard; Rear porch and deck

Interior

• Kitchen: Eat-in kitchen with pantry; Stone counters and stained cabinets; Breakfast bar; Open view to family room; Electric range; Microwave; Dishwasher
• Bedrooms: Oversized master with sitting room (upper level); Three bedrooms on the upper level; One bedroom on the lower level
• Flooring: Hardwood; Luxury vinyl; Ceramic tile; Carpet
• Bathrooms: Three full bathrooms; One half bathroom; Master bath with double vanity, separate tub and shower, and whirlpool tub; Two full baths on the upper level; One full bath on the lower level; Half bath on the main level
• Heating & cooling: Central heating; Central air; Attic fan; Ceiling fans
• Interior features: Two-story entrance foyer; 10-ft ceilings on main and upper levels; His and hers closets; Walk-in closet(s); Daylight, finished full basement with interior and exterior entry and finished bath; No shared/common walls; Brick fireplace with gas log and gas starter in the living room
• Laundry & utility: Laundry room on the upper level

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $358k.

Deal economics

• At list price, monthly cash flow is $-614 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $250k (30.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $225k (37.0% below list).
• Recommended offer: $225k (37.0% below list) — sets the bar for 1% rule.
• Cap rate 4.2% vs local median 5.4% in Redan — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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.
• Zoned schools: Shadow Rock Elementary School (math 5% / reading 5%, grade F, #1,160 of 1,228 statewide, top 98%, 489 students, 100% FRL); Redan Middle School (math 8% / reading 12%, grade F, #433 of 470 statewide, top 93%, 668 students, 100% FRL); Redan High School (math 8% / reading 17%, grade F, #336 of 424 statewide, top 80%, 951 students, 100% FRL) — zoned schools average 100% FRL vs 68% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 9% at this address vs 24% district-wide (-14 pts) — the specific schools serving this property underperform the Dekalb County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.3%/yr); 246 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $11k 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 20 days — a 2% lower offer ($353k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $225,394 (37.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.63% ✗
• Cap rate: 4.24%
• Cash-on-cash: -7.35%
• DSCR: 0.67
• GRM: 13.2

CMA / ARV

• ARV (median comp): $406,000
• List price: $358,000
• Delta: -11.82%
• 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
5690 Shadow Rock Dr	0.40mi	3/2.5	2,407 (-5%)	2mo	$300,000	$125	72
690 Gateway Ct	0.20mi	4/2.5 (+1)	2,678 (+6%)	5mo	$405,000	$151	72
5744 Southland Walk	0.12mi	4/2.5 (+1)	2,354 (-7%)	15mo	$335,000	$142	65
583 Antietam Dr	0.31mi	3/2.5	2,573 (+2%)	22mo	$390,000	$152	64
5856 Gateway Blvd	0.33mi	4/3.5 (+1)	2,719 (+8%)	3mo	$407,000	$150	60
823 Mountain View Run	0.20mi	4/2.5 (+1)	2,256 (-11%)	11mo	$275,000	$122	59
5694 Southland Dr	0.31mi	4/2.5 (+1)	2,832 (+12%)	3mo	$385,900	$136	58
624 Longbow Ct	0.48mi	4/2.5 (+1)	2,335 (-8%)	14mo	$288,605	$124	49
5611 Manassas Run	0.53mi	4/2.5 (+1)	2,731 (+8%)	10mo	$335,850	$123	48
5573 Manassas Run	0.60mi	4/3.0 (+1)	2,420 (-4%)	20mo	$357,000	$148	41
5638 Manassas Run	0.51mi	4/3.0 (+1)	2,842 (+12%)	16mo	$364,000	$128	36
470 Sherwood Cir	0.71mi	4/3.0 (+1)	2,157 (-15%)	24mo	$315,000	$146	15

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 · 1.3% rent growth · sell at horizon

5-year hold

• IRR: -30.9%
• Equity multiple: -0.01×
• Total profit: $-100,911
• Equity at exit: $53,379

10-year hold

• IRR: -43.4%
• Equity multiple: -0.53×
• Total profit: $-153,305
• Equity at exit: $30,953

Cash invested: $100,240 (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 30087

• Rents YoY: 1.3%
• Active inventory: 246
• Price-to-rent: 13.2×

Monthly cashflow live

• Estimated rent: $2,254 high
• Mortgage (P&I): −$1,877
• Tax from tax record: −$335 /mo · $4,018/yr
• Insurance: −$149
• HOA: −$33
• Vacancy / Maint / Mgmt: −$473
• Net cashflow: $-614

Break-even live

Break-even rent $3,031

Max offer price $249,570

Occupancy floor —

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: $89,500
• Closing costs: $10,740
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
811 King Rd Stone Mountain, GA	3.0	3.0	1840	$3,300	$1.79	44d	1	0.65mi
469 Sherwood Grn Stone Mountain, GA	3.0	2.0	1792	$1,810	$1.01	11d	1	0.82mi
5811 Navarre Ct Stone Mountain, GA	3.0	2.0	1864	$1,911	$1.03	3d	1	0.83mi
732 Shadow Lake Dr Lithonia, GA	4.0	2.5	2200	$2,800	$1.27	24d	1	0.85mi
782 Fox Valley Dr Stone Mountain, GA	4.0	2.0	1964	$2,000	$1.02	24d	1	0.89mi
597 Shadow Valley Ct Lithonia, GA	3.0	2.0	2141	$1,879	$0.88	44d	1	1.03mi
524 Julius Dr Stone Mountain, GA	3.0	2.0	1780	$1,795	$1.01	44d	1	1.25mi
564 Field Cliff Dr Stone Mountain, GA	4.0	3.0	2200	$5,500	$2.50	44d	1	1.26mi
855 Lost Creek Cir Stone Mountain, GA	4.0	2.5	2619	$1,946	$0.74	44d	1	1.29mi
5308 Omalley Ln Stone Mountain, GA	4.0	2.5	1950	$1,949	$1.00	44d	1	1.38mi
651 Mincey Woods Ct Stone Mountain, GA	3.0	2.0	2188	$2,150	$0.98	44d	1	1.40mi
1168 Perry Way Stone Mountain, GA	4.0	3.0	2100	$1,200	$0.57	2d	1	1.45mi

HOA detail

• Monthly dues: $33 · $396/yr

Listing history 32 events

1. 2026-05-18
   historical Active Under Contract 2226-char remark

   Show marketing remark (2226 chars)

   Welcome to this spacious 4-bedroom, 3.5-bath home nestled a quiet cul-de-sac on the golf course in the sought-after Southland community of Stone Mountain. Offering breathtaking views of Greenwood Lake and Henson Lake at the back, this two-story home presents an incredible opportunity to add your personal touch and build sweat equity while enjoying a scenic and established neighborhood setting. Step into the impressive entrance foyer with soaring ceilings, flanked by formal living and dining rooms ideal for entertaining or flexible enough to accommodate a 5th bedroom, office, or multipurpose living needs if desired. Fresh interior paint and hardwood floors flow throughout the entire main level, leading into the inviting family room featuring a classic brick fireplace. The kitchen offers granite countertops, stone backsplash, ample cabinetry, and abundant workspace for everyday living. Upstairs, the oversized primary suite features LVP flooring, his and hers closets, and a separate flex space perfect for a sitting room, office, nursery, or private retreat. The spacious primary bath includes skylights that fill the space with natural light. The secondary bedrooms each offer their own unique character - one showcases a charming built-in window seat overlooking the lake, while another features dramatic floor-to-ceiling bay-style windows that flood the room with natural light and create a bright, airy retreat. The finished basement provides exceptional flexibility with its own bedroom, full bathroom, and living area - ideal for guests, extended family, recreation space, home office setup, or additional living flexibility. This home has been cared for over the years and offers strong bones, generous square footage, and a highly desirable golf course location. Enjoy peaceful mornings and relaxing evenings overlooking the lake and fairway views from the expansive back deck. While the side patio offers an additional outdoor space for grilling, seating, or relaxing. Located just minutes from Historic Downtown Stone Mountain and scenic Stone Mountain Park, this community offers golf, swim/tennis amenities, sidewalks, and convenient access to schools, shopping, dining, and major highways.

2. 2026-05-18
   historical Active Under Contract 2238-char remark

   Show marketing remark (2226 chars)

   Welcome to this spacious 4-bedroom, 3.5-bath home nestled a quiet cul-de-sac on the golf course in the sought-after Southland community of Stone Mountain. Offering breathtaking views of Greenwood Lake and Henson Lake at the back, this two-story home presents an incredible opportunity to add your personal touch and build sweat equity while enjoying a scenic and established neighborhood setting. Step into the impressive entrance foyer with soaring ceilings, flanked by formal living and dining rooms ideal for entertaining or flexible enough to accommodate a 5th bedroom, office, or multipurpose living needs if desired. Fresh interior paint and hardwood floors flow throughout the entire main level, leading into the inviting family room featuring a classic brick fireplace. The kitchen offers granite countertops, stone backsplash, ample cabinetry, and abundant workspace for everyday living. Upstairs, the oversized primary suite features LVP flooring, his and hers closets, and a separate flex space perfect for a sitting room, office, nursery, or private retreat. The spacious primary bath includes skylights that fill the space with natural light. The secondary bedrooms each offer their own unique character - one showcases a charming built-in window seat overlooking the lake, while another features dramatic floor-to-ceiling bay-style windows that flood the room with natural light and create a bright, airy retreat. The finished basement provides exceptional flexibility with its own bedroom, full bathroom, and living area - ideal for guests, extended family, recreation space, home office setup, or additional living flexibility. This home has been cared for over the years and offers strong bones, generous square footage, and a highly desirable golf course location. Enjoy peaceful mornings and relaxing evenings overlooking the lake and fairway views from the expansive back deck. While the side patio offers an additional outdoor space for grilling, seating, or relaxing. Located just minutes from Historic Downtown Stone Mountain and scenic Stone Mountain Park, this community offers golf, swim/tennis amenities, sidewalks, and convenient access to schools, shopping, dining, and major highways.

3. 2026-05-06
   listed $358,000 New 2226-char remark

   Show marketing remark (2226 chars)

   Welcome to this spacious 4-bedroom, 3.5-bath home nestled a quiet cul-de-sac on the golf course in the sought-after Southland community of Stone Mountain. Offering breathtaking views of Greenwood Lake and Henson Lake at the back, this two-story home presents an incredible opportunity to add your personal touch and build sweat equity while enjoying a scenic and established neighborhood setting. Step into the impressive entrance foyer with soaring ceilings, flanked by formal living and dining rooms ideal for entertaining or flexible enough to accommodate a 5th bedroom, office, or multipurpose living needs if desired. Fresh interior paint and hardwood floors flow throughout the entire main level, leading into the inviting family room featuring a classic brick fireplace. The kitchen offers granite countertops, stone backsplash, ample cabinetry, and abundant workspace for everyday living. Upstairs, the oversized primary suite features LVP flooring, his and hers closets, and a separate flex space perfect for a sitting room, office, nursery, or private retreat. The spacious primary bath includes skylights that fill the space with natural light. The secondary bedrooms each offer their own unique character - one showcases a charming built-in window seat overlooking the lake, while another features dramatic floor-to-ceiling bay-style windows that flood the room with natural light and create a bright, airy retreat. The finished basement provides exceptional flexibility with its own bedroom, full bathroom, and living area - ideal for guests, extended family, recreation space, home office setup, or additional living flexibility. This home has been cared for over the years and offers strong bones, generous square footage, and a highly desirable golf course location. Enjoy peaceful mornings and relaxing evenings overlooking the lake and fairway views from the expansive back deck. While the side patio offers an additional outdoor space for grilling, seating, or relaxing. Located just minutes from Historic Downtown Stone Mountain and scenic Stone Mountain Park, this community offers golf, swim/tennis amenities, sidewalks, and convenient access to schools, shopping, dining, and major highways.

4. 2026-05-06
   listed $358,000 Active 2238-char remark

   Show marketing remark (2226 chars)

   Welcome to this spacious 4-bedroom, 3.5-bath home nestled a quiet cul-de-sac on the golf course in the sought-after Southland community of Stone Mountain. Offering breathtaking views of Greenwood Lake and Henson Lake at the back, this two-story home presents an incredible opportunity to add your personal touch and build sweat equity while enjoying a scenic and established neighborhood setting. Step into the impressive entrance foyer with soaring ceilings, flanked by formal living and dining rooms ideal for entertaining or flexible enough to accommodate a 5th bedroom, office, or multipurpose living needs if desired. Fresh interior paint and hardwood floors flow throughout the entire main level, leading into the inviting family room featuring a classic brick fireplace. The kitchen offers granite countertops, stone backsplash, ample cabinetry, and abundant workspace for everyday living. Upstairs, the oversized primary suite features LVP flooring, his and hers closets, and a separate flex space perfect for a sitting room, office, nursery, or private retreat. The spacious primary bath includes skylights that fill the space with natural light. The secondary bedrooms each offer their own unique character - one showcases a charming built-in window seat overlooking the lake, while another features dramatic floor-to-ceiling bay-style windows that flood the room with natural light and create a bright, airy retreat. The finished basement provides exceptional flexibility with its own bedroom, full bathroom, and living area - ideal for guests, extended family, recreation space, home office setup, or additional living flexibility. This home has been cared for over the years and offers strong bones, generous square footage, and a highly desirable golf course location. Enjoy peaceful mornings and relaxing evenings overlooking the lake and fairway views from the expansive back deck. While the side patio offers an additional outdoor space for grilling, seating, or relaxing. Located just minutes from Historic Downtown Stone Mountain and scenic Stone Mountain Park, this community offers golf, swim/tennis amenities, sidewalks, and convenient access to schools, shopping, dining, and major highways.

5. 2021-10-19
   soldstatus $340,000
6. 2021-10-14
   soldstatus $340,000 Closed

   Show marketing remark (460 chars)

   Come see this beautiful well manicured home in the prestigious Southland Subdivision. This home comes with all the bells and whistles including; large master bedroom complete with a separate sitting room, large sit in bay windows through out the house, 3 walk-in closets in the master bedroom, and an updated kitchen with waterfall granite countertops. all this sits on a lake and golf course with amazing views of Stone Mountain! This home will not last long!

7. 2021-10-14
   soldstatus $340,000 Sold

   Show marketing remark (460 chars)

   Come see this beautiful well manicured home in the prestigious Southland Subdivision. This home comes with all the bells and whistles including; large master bedroom complete with a separate sitting room, large sit in bay windows through out the house, 3 walk-in closets in the master bedroom, and an updated kitchen with waterfall granite countertops. all this sits on a lake and golf course with amazing views of Stone Mountain! This home will not last long!

8. 2021-10-05
   status Under Contract
9. 2021-09-15
   status Pending

   Show marketing remark (460 chars)

   Come see this beautiful well manicured home in the prestigious Southland Subdivision. This home comes with all the bells and whistles including; large master bedroom complete with a separate sitting room, large sit in bay windows through out the house, 3 walk-in closets in the master bedroom, and an updated kitchen with waterfall granite countertops. all this sits on a lake and golf course with amazing views of Stone Mountain! This home will not last long!

10. 2021-09-15
    status Under Contract

    Show marketing remark (460 chars)

    Come see this beautiful well manicured home in the prestigious Southland Subdivision. This home comes with all the bells and whistles including; large master bedroom complete with a separate sitting room, large sit in bay windows through out the house, 3 walk-in closets in the master bedroom, and an updated kitchen with waterfall granite countertops. all this sits on a lake and golf course with amazing views of Stone Mountain! This home will not last long!

11. 2021-09-10
    listed $330,000 New
12. 2021-09-01
    listed $330,000 Active

    Show marketing remark (460 chars)

    Come see this beautiful well manicured home in the prestigious Southland Subdivision. This home comes with all the bells and whistles including; large master bedroom complete with a separate sitting room, large sit in bay windows through out the house, 3 walk-in closets in the master bedroom, and an updated kitchen with waterfall granite countertops. all this sits on a lake and golf course with amazing views of Stone Mountain! This home will not last long!

13. 2014-04-21
    historical
14. 2014-04-18
    soldstatus $159,000
15. 2014-04-15
    soldstatus $159,000 Sold
16. 2014-04-15
    soldstatus $159,000 Sold
17. 2014-02-18
    status Under Contract
18. 2014-02-18
    price $159,000 Increased
19. 2014-02-18
    status Increased
20. 2014-02-18
    price $159,000
21. 2013-11-20
    status Under Contract
22. 2013-11-15
    historical Pending Approval
23. 2013-11-15
    status Pending Offer Approval
24. 2013-11-07
    price $149,000 Reduced
25. 2013-11-07
    price $149,000
26. 2013-10-18
    price $167,900 Reduced
27. 2013-10-18
    price $167,900
28. 2013-09-26
    listed $185,000 New
29. 2013-09-26
    listed $185,000 Active
30. 2000-03-17
    soldstatus $225,000
31. 1988-11-15
    soldstatus $183,300
32. 1988-05-01
    soldstatus $120,000

ⓘ 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: $4,018 · $335/mo
• Projected year-2 tax: $4,018 · $335/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 · 18 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 6/10 Major 8 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,047
• − Mortgage interest: −$20,054
• − Property taxes: −$4,018
• − Insurance: −$1,790
• − Repairs & maintenance: −$2,164
• − Management: −$2,164
• − HOA: −$396
• − Depreciation: −$10,415
• Taxable loss: −$13,953
• Est. tax savings @ 24.0%: +$3,349
• After-tax cash flow: $-4,017/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

• County: Dekalb County · 782,738 people
• City population: 29,279
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 38,977
• Household income: $96,491
• Rent vs Own: 15.0% rent · 85.0% own
• Severe rent burden: 780.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 62% White 22% Asian 6% Hispanic / Latino 5% Two or more races 5%
• Common ancestry: Slovak 1% Lithuanian 1% Serbian 1%
• Foreign-born: 14% · Canada, China, South Korea
• Languages at home: 86% English-only · Spanish 5% Other Indo-European 2% Other Asian/Pacific 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: ▼ -228.39%
• Current HPI: 204.2122
• Rent YoY: ▲ 1.30%
• 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

+198.8% since first listed

36 events — show timeline

• 2026-05-27 Sold (MLS) $358,500 GAMLS
• 2026-05-27 Sold (MLS) $358,500 FMLS
• 2026-05-26 Pending — GAMLS
• 2026-05-26 Pending — FMLS
• 2026-05-18 Contingent — GAMLS
• 2026-05-18 Contingent — FMLS
• 2026-05-06 Listed $358,000 GAMLS
• 2026-05-06 Listed $358,000 FMLS
• 2021-10-19 Sold (Public Records) $340,000 Public Records
• 2021-10-14 Sold (MLS) $340,000 GAMLS
• 2021-10-14 Sold (MLS) $340,000 FMLS
• 2021-10-05 Pending — GAMLS
• 2021-09-15 Pending — FMLS
• 2021-09-15 Pending — GAMLS
• 2021-09-10 Listed $330,000 GAMLS
• 2021-09-01 Listed $330,000 FMLS
• 2014-04-21 Listing Removed — FMLS
• 2014-04-18 Sold (Public Records) $159,000 Public Records
• 2014-04-15 Sold (MLS) $159,000 GAMLS
• 2014-04-15 Sold (MLS) $159,000 FMLS
• 2014-02-18 Pending — GAMLS
• 2014-02-18 Relisted — GAMLS
• 2014-02-18 Price Changed $159,000 GAMLS
• 2014-02-18 Price Changed $159,000 FMLS
• 2013-11-20 Pending — GAMLS
• 2013-11-15 Contingent — GAMLS
• 2013-11-15 Pending — FMLS
• 2013-11-07 Price Changed $149,000 GAMLS
• 2013-11-07 Price Changed $149,000 FMLS
• 2013-10-18 Price Changed $167,900 GAMLS
• 2013-10-18 Price Changed $167,900 FMLS
• 2013-09-26 Listed $185,000 GAMLS
• 2013-09-26 Listed $185,000 FMLS
• 2000-03-17 Sold (Public Records) $225,000 Public Records
• 1988-11-15 Sold (Public Records) $183,300 Public Records
• 1988-05-01 Sold (Public Records) $120,000 Public Records

Property tax history

+3.2%/yr

Latest (2025): $4,018 · -4.0% YoY. Source: county tax records.