5670 Wells Cir · Stone Mountain, GA 30087

$139,900

2 bd · 2.5 ba · 1,160 sqft · Townhouse public records · 42 Days on market

Built 1987 1,742 sqft lot $121/sqft · 20% below area Est $176k · 20% under

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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 +22.6/30.0
• ARV discount +15.0/15.0
• DSCR +7.3/10.0
• 1% rule +7.0/10.0
• Livability +4.0/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

A great opportunity in a highly accessible Stone Mountain location, just minutes from I-20 and everyday conveniences, this townhome offers a compelling blend of livability, value, and long-term potential-ideal for both homeowners and savvy investors. With no HOA, you'll enjoy greater flexibility, fewer restrictions, and added cost savings. Step inside to a welcoming living area anchored by a cozy corner fireplace-perfect for relaxing evenings or entertaining guests. The layout offers a comfortable flow, leading to French doors that open onto a rear outdoor space complete with a patio and storage area, providing room to personalize or enhance for added enjoyment. Upstairs, you'll find two generously sized bedrooms with high ceilings that create an open, airy feel. With two full bathrooms and conveniently located upstairs laundry hookups, the home is designed for practical, everyday living. Thoughtfully priced to reflect its current condition, this property presents an excellent opportunity to add value through cosmetic updates and personal touches. For homeowners, it's a chance to create a space tailored to your style at an attractive price point. For investors, it offers clear upside potential through renovations, increased rental income, or resale value. Whether you're looking for a place to call home or a smart addition to your portfolio, this property delivers strong potential in a convenient location. Don't miss your chance to secure one of the best values currently available in the area-inquire today!

Key facts

• Built 1987
• Listed 42 days

Property features AI

Finance

• HOA & community: Community contains 95 units

Exterior

• Parking: Parking pad
• Utilities: Public water; Public sewer; Electricity available; Natural gas available; Sewer available; Water available; Other electric service
• Home design: Two levels; Resale property; Fee simple ownership
• Construction: Other construction materials; Other roof; Slab foundation
• Exterior features: Patio; Back yard with wood fencing

Interior

• Kitchen: Breakfast room; Dishwasher; Electric range; Refrigerator; Other kitchen features
• Bedrooms: 2 bedrooms on the upper level; Bedrooms with unspecified additional features
• Flooring: Carpet; Tile; Other
• Bathrooms: 2 full bathrooms; 1 half bathroom; Upper-level full bathrooms: 2; Master bathroom with tub/shower combo
• Heating & cooling: Central heating; Central air; Ceiling fan(s)
• Interior features: Walk-in closet(s); Living room fireplace; 2+ common walls
• Laundry & utility: Upper-level laundry in hall with electric dryer hookup; Gas water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath townhouse listed at $140k.

Deal economics

• At list price, monthly cash flow is $239 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $136k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 5.1% in Stone Mountain — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 79/100 on livability (#11 in GA, #1,977 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime 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; 16 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $967 of loan paydown is wiped out by about $4k 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 42 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 4y 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

• Watch-outs: property tax is 2.6% of price.
• Climate carrying-cost: moderate wind risk, 25% 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 $135,703 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F 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. 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.
7. 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.
8. 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: 1.20% ✓
• Cap rate: 8.34%
• Cash-on-cash: 7.31%
• DSCR: 1.33
• GRM: 6.9

CMA / ARV

• ARV (median comp): $175,545
• List price: $139,900
• Delta: -20.31%
• 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
5743 Wells Cir	0.10mi	2/2.5	1,160 (0%)	1mo	$175,000	$151	94
5722 Wells Cir	0.06mi	3/2.5 (+1)	1,160 (0%)	2mo	$135,000	$116	91
5695 Wells Cir	0.03mi	2/2.5	1,160 (0%)	9mo	$165,000	$142	91
5651 Wells Cir	0.05mi	2/2.5	1,160 (0%)	9mo	$107,000	$92	90
5724 Wells Cir	0.06mi	2/2.5	1,160 (0%)	14mo	$175,000	$151	86
5575 Wells Cir	0.13mi	2/2.5	1,160 (0%)	11mo	$170,000	$147	84
5709 Wells Cir	0.04mi	2/2.5	1,160 (0%)	17mo	$184,000	$159	83
5700 Wells Cir	0.01mi	2/2.5	1,160 (0%)	21mo	$173,500	$150	82
5725 Wells Cir	0.07mi	2/2.5	1,160 (0%)	21mo	$175,000	$151	79
5632 Stonington Trace Pkwy	0.09mi	2/2.5	1,292 (+11%)	5mo	$169,000	$131	73
5594 Stonington Trace Pkwy	0.14mi	2/2.5	1,292 (+11%)	3mo	$195,000	$151	72
5635 Stonington Trace Pkwy	0.06mi	2/2.5	1,292 (+11%)	19mo	$213,000	$165	62

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: -7.2%
• Equity multiple: 0.74×
• Total profit: $-10,202
• Equity at exit: $20,860

10-year hold

• IRR: -0.1%
• Equity multiple: 1.00×
• Total profit: $-129
• Equity at exit: $12,096

Cash invested: $39,172 (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: 6.9×

Monthly cashflow live

• Estimated rent: $1,684 high
• Mortgage (P&I): −$734
• Tax from tax record: −$299 /mo · $3,593/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$354
• Net cashflow: $239

Break-even live

Break-even rent $1,381

Max offer price $139,900

Occupancy floor 81%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5702 Wells Cir Stone Mountain, GA	2.0	2.5	1160	$1,495	$1.29	44d	1	0.04mi
5707 Wells Cir Stone Mountain, GA	2.0	2.5	1160	$1,506	$1.30	4d	1	0.06mi
5713 Wells Cir Stone Mountain, GA	3.0	2.5	1304	$1,706	$1.31	5d	1	0.07mi
5621 Stonington Trace Pkwy Stone Mountain, GA	2.0	3.5	1292	$1,581	$1.22	15d	1	0.09mi
450 Pennybrook Dr Stone Mountain, GA	3.0	2.0	1404	$1,750	$1.25	24d	1	0.54mi
Southland Dr , GA	1.0	1.0	1000	$1,500	$1.50	44d	1	0.64mi
5612 Pennybrook Ct Stone Mountain, GA	3.0	2.0	1364	$1,941	$1.42	13d	1	0.76mi
5290 Stonebush Ter Unit A Stone Mountain, GA	2.0	2.5	1200	$1,450	$1.21	19d	1	1.09mi
5482 Martins Crossing Rd Stone Mountain, GA	3.0	2.0	1482	$1,575	$1.06	13d	1	1.12mi
5353 Ridgemere Ct Stone Mountain, GA	3.0	2.5	1160	$1,465	$1.26	5d	1	1.13mi
5351 Ridgemere Ct Stone Mountain, GA	3.0	2.5	1160	$1,465	$1.26	5d	1	1.13mi
5280 Ridge Forest Dr Stone Mountain, GA	2.0	2.5	1170	$1,325	$1.13	44d	1	1.20mi
779 Pepperwood Trl Stone Mountain, GA	3.0	2.0	1458	$2,045	$1.40	5d	1	1.23mi
982 Chapman Cir Stone Mountain, GA	3.0	2.0	1476	$2,000	$1.36	1d	1	1.33mi
768 Fourth St Stone Mountain, GA	3.0	2.0	1200	$2,100	$1.75	5d	1	1.38mi
905 Hemingway Rd Stone Mountain, GA	3.0	2.0	1400	$1,625	$1.16	13d	1	1.41mi

Listing history 32 events

1. 2026-06-18
   days on market $139,900 Active 42 DOM
2. 2026-06-17
   days on market $139,900 Active 41 DOM
3. 2026-06-16
   days on market $139,900 Active 40 DOM
4. 2026-06-15
   days on market $139,900 Active 39 DOM
5. 2026-06-13
   days on market $139,900 Active 37 DOM
6. 2026-06-09
   days on market $139,900 Active 33 DOM
7. 2026-06-08
   days on market $139,900 Active 32 DOM
8. 2026-06-07
   days on market $139,900 Active 31 DOM
9. 2026-06-04
   days on market $139,900 Active 28 DOM

   Show marketing remark (1535 chars)

   A great opportunity in a highly accessible Stone Mountain location, just minutes from I-20 and everyday conveniences, this townhome offers a compelling blend of livability, value, and long-term potential-ideal for both homeowners and savvy investors. With no HOA, you'll enjoy greater flexibility, fewer restrictions, and added cost savings. Step inside to a welcoming living area anchored by a cozy corner fireplace-perfect for relaxing evenings or entertaining guests. The layout offers a comfortable flow, leading to French doors that open onto a rear outdoor space complete with a patio and storage area, providing room to personalize or enhance for added enjoyment. Upstairs, you'll find two generously sized bedrooms with high ceilings that create an open, airy feel. With two full bathrooms and conveniently located upstairs laundry hookups, the home is designed for practical, everyday living. Thoughtfully priced to reflect its current condition, this property presents an excellent opportunity to add value through cosmetic updates and personal touches. For homeowners, it's a chance to create a space tailored to your style at an attractive price point. For investors, it offers clear upside potential through renovations, increased rental income, or resale value. Whether you're looking for a place to call home or a smart addition to your portfolio, this property delivers strong potential in a convenient location. Don't miss your chance to secure one of the best values currently available in the area-inquire today!

10. 2026-06-03
    days on market $139,900 Active 27 DOM
11. 2026-06-02
    days on market $139,900 Active 26 DOM
12. 2026-06-01
    days on market $139,900 Active 25 DOM

    Show marketing remark (1535 chars)

    A great opportunity in a highly accessible Stone Mountain location, just minutes from I-20 and everyday conveniences, this townhome offers a compelling blend of livability, value, and long-term potential-ideal for both homeowners and savvy investors. With no HOA, you'll enjoy greater flexibility, fewer restrictions, and added cost savings. Step inside to a welcoming living area anchored by a cozy corner fireplace-perfect for relaxing evenings or entertaining guests. The layout offers a comfortable flow, leading to French doors that open onto a rear outdoor space complete with a patio and storage area, providing room to personalize or enhance for added enjoyment. Upstairs, you'll find two generously sized bedrooms with high ceilings that create an open, airy feel. With two full bathrooms and conveniently located upstairs laundry hookups, the home is designed for practical, everyday living. Thoughtfully priced to reflect its current condition, this property presents an excellent opportunity to add value through cosmetic updates and personal touches. For homeowners, it's a chance to create a space tailored to your style at an attractive price point. For investors, it offers clear upside potential through renovations, increased rental income, or resale value. Whether you're looking for a place to call home or a smart addition to your portfolio, this property delivers strong potential in a convenient location. Don't miss your chance to secure one of the best values currently available in the area-inquire today!

13. 2026-05-31
    days on market $139,900 Active 24 DOM
14. 2026-05-07
    listed $139,900 New 1188-char remark

    Show marketing remark (1535 chars)

    A great opportunity in a highly accessible Stone Mountain location, just minutes from I-20 and everyday conveniences, this townhome offers a compelling blend of livability, value, and long-term potential-ideal for both homeowners and savvy investors. With no HOA, you'll enjoy greater flexibility, fewer restrictions, and added cost savings. Step inside to a welcoming living area anchored by a cozy corner fireplace-perfect for relaxing evenings or entertaining guests. The layout offers a comfortable flow, leading to French doors that open onto a rear outdoor space complete with a patio and storage area, providing room to personalize or enhance for added enjoyment. Upstairs, you'll find two generously sized bedrooms with high ceilings that create an open, airy feel. With two full bathrooms and conveniently located upstairs laundry hookups, the home is designed for practical, everyday living. Thoughtfully priced to reflect its current condition, this property presents an excellent opportunity to add value through cosmetic updates and personal touches. For homeowners, it's a chance to create a space tailored to your style at an attractive price point. For investors, it offers clear upside potential through renovations, increased rental income, or resale value. Whether you're looking for a place to call home or a smart addition to your portfolio, this property delivers strong potential in a convenient location. Don't miss your chance to secure one of the best values currently available in the area-inquire today!

15. 2026-05-07
    listed $139,900 Active 1188-char remark

    Show marketing remark (1535 chars)

    A great opportunity in a highly accessible Stone Mountain location, just minutes from I-20 and everyday conveniences, this townhome offers a compelling blend of livability, value, and long-term potential-ideal for both homeowners and savvy investors. With no HOA, you'll enjoy greater flexibility, fewer restrictions, and added cost savings. Step inside to a welcoming living area anchored by a cozy corner fireplace-perfect for relaxing evenings or entertaining guests. The layout offers a comfortable flow, leading to French doors that open onto a rear outdoor space complete with a patio and storage area, providing room to personalize or enhance for added enjoyment. Upstairs, you'll find two generously sized bedrooms with high ceilings that create an open, airy feel. With two full bathrooms and conveniently located upstairs laundry hookups, the home is designed for practical, everyday living. Thoughtfully priced to reflect its current condition, this property presents an excellent opportunity to add value through cosmetic updates and personal touches. For homeowners, it's a chance to create a space tailored to your style at an attractive price point. For investors, it offers clear upside potential through renovations, increased rental income, or resale value. Whether you're looking for a place to call home or a smart addition to your portfolio, this property delivers strong potential in a convenient location. Don't miss your chance to secure one of the best values currently available in the area-inquire today!

16. 2022-07-12
    soldstatus $164,900 Closed

    Show marketing remark (870 chars)

    BACK ON MARKET. Lovely townhome close to Stone Mountain. Easy access to I-20. This well maintained townhome features all new tile flooring throughout main level. Fresh paint throughout home, new blinds, Ecobee smart thermostat, security system, vivent smart video doorbell. Spacious kitchen includes microwave, gas range, refrigerator, and dishwasher. Enjoy views to the family room featuring a gas log fireplace. Upstairs you will be delighted with new carpet, 2 large bedrooms with vaulted ceilings, and 2 full baths. This townhome has a private fenced backyard perfect for entertaining, with 2 rooms for secured storage. French Doors leading to the backyard. HVAC, and water heater are 3 years new. No HOA. No covenants or restrictions. Excellent for investors, and ready for first time homeowners. FHA, Conventional, VA, and Cash offers all encouraged.

17. 2022-07-12
    soldstatus $164,900 Sold

    Show marketing remark (870 chars)

    BACK ON MARKET. Lovely townhome close to Stone Mountain. Easy access to I-20. This well maintained townhome features all new tile flooring throughout main level. Fresh paint throughout home, new blinds, Ecobee smart thermostat, security system, vivent smart video doorbell. Spacious kitchen includes microwave, gas range, refrigerator, and dishwasher. Enjoy views to the family room featuring a gas log fireplace. Upstairs you will be delighted with new carpet, 2 large bedrooms with vaulted ceilings, and 2 full baths. This townhome has a private fenced backyard perfect for entertaining, with 2 rooms for secured storage. French Doors leading to the backyard. HVAC, and water heater are 3 years new. No HOA. No covenants or restrictions. Excellent for investors, and ready for first time homeowners. FHA, Conventional, VA, and Cash offers all encouraged.

18. 2022-07-12
    soldstatus $164,900

    Show marketing remark (870 chars)

    BACK ON MARKET. Lovely townhome close to Stone Mountain. Easy access to I-20. This well maintained townhome features all new tile flooring throughout main level. Fresh paint throughout home, new blinds, Ecobee smart thermostat, security system, vivent smart video doorbell. Spacious kitchen includes microwave, gas range, refrigerator, and dishwasher. Enjoy views to the family room featuring a gas log fireplace. Upstairs you will be delighted with new carpet, 2 large bedrooms with vaulted ceilings, and 2 full baths. This townhome has a private fenced backyard perfect for entertaining, with 2 rooms for secured storage. French Doors leading to the backyard. HVAC, and water heater are 3 years new. No HOA. No covenants or restrictions. Excellent for investors, and ready for first time homeowners. FHA, Conventional, VA, and Cash offers all encouraged.

19. 2022-06-24
    status Pending

    Show marketing remark (870 chars)

    BACK ON MARKET. Lovely townhome close to Stone Mountain. Easy access to I-20. This well maintained townhome features all new tile flooring throughout main level. Fresh paint throughout home, new blinds, Ecobee smart thermostat, security system, vivent smart video doorbell. Spacious kitchen includes microwave, gas range, refrigerator, and dishwasher. Enjoy views to the family room featuring a gas log fireplace. Upstairs you will be delighted with new carpet, 2 large bedrooms with vaulted ceilings, and 2 full baths. This townhome has a private fenced backyard perfect for entertaining, with 2 rooms for secured storage. French Doors leading to the backyard. HVAC, and water heater are 3 years new. No HOA. No covenants or restrictions. Excellent for investors, and ready for first time homeowners. FHA, Conventional, VA, and Cash offers all encouraged.

20. 2022-06-18
    status Pending

    Show marketing remark (870 chars)

    BACK ON MARKET. Lovely townhome close to Stone Mountain. Easy access to I-20. This well maintained townhome features all new tile flooring throughout main level. Fresh paint throughout home, new blinds, Ecobee smart thermostat, security system, vivent smart video doorbell. Spacious kitchen includes microwave, gas range, refrigerator, and dishwasher. Enjoy views to the family room featuring a gas log fireplace. Upstairs you will be delighted with new carpet, 2 large bedrooms with vaulted ceilings, and 2 full baths. This townhome has a private fenced backyard perfect for entertaining, with 2 rooms for secured storage. French Doors leading to the backyard. HVAC, and water heater are 3 years new. No HOA. No covenants or restrictions. Excellent for investors, and ready for first time homeowners. FHA, Conventional, VA, and Cash offers all encouraged.

21. 2022-06-09
    status Under Contract

    Show marketing remark (870 chars)

    BACK ON MARKET. Lovely townhome close to Stone Mountain. Easy access to I-20. This well maintained townhome features all new tile flooring throughout main level. Fresh paint throughout home, new blinds, Ecobee smart thermostat, security system, vivent smart video doorbell. Spacious kitchen includes microwave, gas range, refrigerator, and dishwasher. Enjoy views to the family room featuring a gas log fireplace. Upstairs you will be delighted with new carpet, 2 large bedrooms with vaulted ceilings, and 2 full baths. This townhome has a private fenced backyard perfect for entertaining, with 2 rooms for secured storage. French Doors leading to the backyard. HVAC, and water heater are 3 years new. No HOA. No covenants or restrictions. Excellent for investors, and ready for first time homeowners. FHA, Conventional, VA, and Cash offers all encouraged.

22. 2022-06-09
    historical Active Under Contract

    Show marketing remark (870 chars)

    BACK ON MARKET. Lovely townhome close to Stone Mountain. Easy access to I-20. This well maintained townhome features all new tile flooring throughout main level. Fresh paint throughout home, new blinds, Ecobee smart thermostat, security system, vivent smart video doorbell. Spacious kitchen includes microwave, gas range, refrigerator, and dishwasher. Enjoy views to the family room featuring a gas log fireplace. Upstairs you will be delighted with new carpet, 2 large bedrooms with vaulted ceilings, and 2 full baths. This townhome has a private fenced backyard perfect for entertaining, with 2 rooms for secured storage. French Doors leading to the backyard. HVAC, and water heater are 3 years new. No HOA. No covenants or restrictions. Excellent for investors, and ready for first time homeowners. FHA, Conventional, VA, and Cash offers all encouraged.

23. 2022-06-09
    status Back On Market

    Show marketing remark (870 chars)

    BACK ON MARKET. Lovely townhome close to Stone Mountain. Easy access to I-20. This well maintained townhome features all new tile flooring throughout main level. Fresh paint throughout home, new blinds, Ecobee smart thermostat, security system, vivent smart video doorbell. Spacious kitchen includes microwave, gas range, refrigerator, and dishwasher. Enjoy views to the family room featuring a gas log fireplace. Upstairs you will be delighted with new carpet, 2 large bedrooms with vaulted ceilings, and 2 full baths. This townhome has a private fenced backyard perfect for entertaining, with 2 rooms for secured storage. French Doors leading to the backyard. HVAC, and water heater are 3 years new. No HOA. No covenants or restrictions. Excellent for investors, and ready for first time homeowners. FHA, Conventional, VA, and Cash offers all encouraged.

24. 2022-06-08
    status Active

    Show marketing remark (870 chars)

    BACK ON MARKET. Lovely townhome close to Stone Mountain. Easy access to I-20. This well maintained townhome features all new tile flooring throughout main level. Fresh paint throughout home, new blinds, Ecobee smart thermostat, security system, vivent smart video doorbell. Spacious kitchen includes microwave, gas range, refrigerator, and dishwasher. Enjoy views to the family room featuring a gas log fireplace. Upstairs you will be delighted with new carpet, 2 large bedrooms with vaulted ceilings, and 2 full baths. This townhome has a private fenced backyard perfect for entertaining, with 2 rooms for secured storage. French Doors leading to the backyard. HVAC, and water heater are 3 years new. No HOA. No covenants or restrictions. Excellent for investors, and ready for first time homeowners. FHA, Conventional, VA, and Cash offers all encouraged.

25. 2022-06-06
    historical Active Under Contract
26. 2022-06-04
    historical Active Under Contract

    Show marketing remark (870 chars)

    BACK ON MARKET. Lovely townhome close to Stone Mountain. Easy access to I-20. This well maintained townhome features all new tile flooring throughout main level. Fresh paint throughout home, new blinds, Ecobee smart thermostat, security system, vivent smart video doorbell. Spacious kitchen includes microwave, gas range, refrigerator, and dishwasher. Enjoy views to the family room featuring a gas log fireplace. Upstairs you will be delighted with new carpet, 2 large bedrooms with vaulted ceilings, and 2 full baths. This townhome has a private fenced backyard perfect for entertaining, with 2 rooms for secured storage. French Doors leading to the backyard. HVAC, and water heater are 3 years new. No HOA. No covenants or restrictions. Excellent for investors, and ready for first time homeowners. FHA, Conventional, VA, and Cash offers all encouraged.

27. 2022-06-01
    listed $154,900 Active

    Show marketing remark (870 chars)

    BACK ON MARKET. Lovely townhome close to Stone Mountain. Easy access to I-20. This well maintained townhome features all new tile flooring throughout main level. Fresh paint throughout home, new blinds, Ecobee smart thermostat, security system, vivent smart video doorbell. Spacious kitchen includes microwave, gas range, refrigerator, and dishwasher. Enjoy views to the family room featuring a gas log fireplace. Upstairs you will be delighted with new carpet, 2 large bedrooms with vaulted ceilings, and 2 full baths. This townhome has a private fenced backyard perfect for entertaining, with 2 rooms for secured storage. French Doors leading to the backyard. HVAC, and water heater are 3 years new. No HOA. No covenants or restrictions. Excellent for investors, and ready for first time homeowners. FHA, Conventional, VA, and Cash offers all encouraged.

28. 2022-06-01
    listed $154,900 New

    Show marketing remark (870 chars)

    BACK ON MARKET. Lovely townhome close to Stone Mountain. Easy access to I-20. This well maintained townhome features all new tile flooring throughout main level. Fresh paint throughout home, new blinds, Ecobee smart thermostat, security system, vivent smart video doorbell. Spacious kitchen includes microwave, gas range, refrigerator, and dishwasher. Enjoy views to the family room featuring a gas log fireplace. Upstairs you will be delighted with new carpet, 2 large bedrooms with vaulted ceilings, and 2 full baths. This townhome has a private fenced backyard perfect for entertaining, with 2 rooms for secured storage. French Doors leading to the backyard. HVAC, and water heater are 3 years new. No HOA. No covenants or restrictions. Excellent for investors, and ready for first time homeowners. FHA, Conventional, VA, and Cash offers all encouraged.

29. 2000-06-12
    soldstatus $76,000
30. 1990-11-20
    soldstatus $58,300
31. 1987-07-21
    soldstatus $57,900
32. 1986-05-01
    soldstatus $1,074,000

ⓘ 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: $3,593 · $299/mo
• Projected year-2 tax: $3,593 · $299/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 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% 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: $20,203
• − Mortgage interest: −$7,837
• − Property taxes: −$3,593
• − Insurance: −$700
• − Repairs & maintenance: −$1,616
• − Management: −$1,616
• − Depreciation: −$4,070
• Taxable income: $771
• Est. tax owed @ 24.0%: −$185
• After-tax cash flow: $2,678/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 — Stone Mountain

• Score: 79/100
• State rank: #11
• US rank: #1977

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Dekalb County · 782,738 people
• City population: 130,941
• 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

-87.0% since first listed

25 events — show timeline

• 2026-06-04 Relisted — GAMLS
• 2026-06-01 Contingent — GAMLS
• 2026-05-26 Relisted — GAMLS
• 2026-05-26 Relisted — FMLS
• 2026-05-20 Contingent — FMLS
• 2026-05-20 Contingent — GAMLS
• 2026-05-07 Listed $139,900 FMLS
• 2026-05-07 Listed $139,900 GAMLS
• 2022-07-12 Sold (Public Records) $164,900 Public Records
• 2022-07-12 Sold (MLS) $164,900 GAMLS
• 2022-07-12 Sold (MLS) $164,900 FMLS
• 2022-06-24 Pending — FMLS
• 2022-06-18 Pending — FMLS
• 2022-06-09 Pending — GAMLS
• 2022-06-09 Contingent — FMLS
• 2022-06-09 Relisted — GAMLS
• 2022-06-08 Relisted — FMLS
• 2022-06-06 Contingent — GAMLS
• 2022-06-04 Contingent — FMLS
• 2022-06-01 Listed $154,900 GAMLS
• 2022-06-01 Listed $154,900 FMLS
• 2000-06-12 Sold (Public Records) $76,000 Public Records
• 1990-11-20 Sold (Public Records) $58,300 Public Records
• 1987-07-21 Sold (Public Records) $57,900 Public Records
• 1986-05-01 Sold (Public Records) $1,074,000 Public Records

Property tax history

+9.3%/yr

Latest (2025): $3,593 · +0.1% YoY. Source: county tax records.