2191 Rockbridge Rd Apt 203 Stone Mountain, GA 30087

3 beds · 2 baths · 1,397 sq ft · Lot Size: 436 sq ft · Residential Condominium
Est. Property Value: $251,923

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2191 Rockbridge Rd Apt 203 is in the 30087 neighborhood of Stone Mountain, GA. It is located in Gwinnett County and ZIP code 30087. This Residential Condominium was built in 2000 and is approximately 25 years old. The residential condominium spans 1397 sq ft with 3 bedrooms and 2 bathrooms and sits on a 436 sq ft lot. According to public records, it was last sold in 2020 for $178,000 and has a tax-assessed value of $280,700, which is $180 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2191 Rockbridge Rd Apt 203 Stone Mountain, GA 30087 with Property Intel by Whitepages.

Owners & Occupancy for 2191 Rockbridge Rd Apt 203

No contact information is available.

Occupancy

Resident 1************** age 73
Resident 2*************** age 57

Property Financials for 2191 Rockbridge Rd Apt 203

2191 Rockbridge Rd Apt 203, Stone Mountain, GA has a mortgage from Associated Cu (orig. March 16, 2020). The Gwinnett county assessment for 2024 values it at $280,700, with annual taxes of $4,116.

Mortgage & Equity Information

Loan Amount$******
LenderAssociated Cu
Origination DateMarch 16, 2020
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Purchase DateMarch 16, 2020
Property Tax Amount$4,116 in 2023
Purchase Price$178,000
Assessed Value$280,700 on 2024

Investment Potential for 2191 Rockbridge Rd Apt 203

The property has a current estimated value of $251,923, which is 15% below the zip median, based on public records. It last sold on March 16, 2020 for $178K. Projected long-term
is $26,400 annually ($2,200 per month) with a 96% occupancy rate.

Discover more Residential Condominiums in 30087.

Long-Term

Gross Rental
$26,400 per year($2,200 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 30087 zip code
 
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Property Details for 2191 Rockbridge Rd Apt 203

Property Details

Property Sq Ft

Living Area

1,397 sq ft

17% below market

Lot Size

436 sq ft

0% above market

Price Per Sq Ft

Living Area

$180 / sq ft

0% above market

Lot Size Area

$578 / sq ft

0% above market

Property condition, age, exterior, etc. for 2191 Rockb…
Longitude: -84.109512 Latitude: 33.818802 Parcel Number (APN): R6058-355…

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Market Benchmarks

Compare data for 2191 Rockbridge Rd Apt 203 in Gwinnett County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$251,923
$327,906
-$75,984 (-23%)
$513,289
-$29,302 (-6%)
YoY Price Change
1.9%
110%
Year Built
2000
1995
5 years
Living Space
1,397 sq ft
1,662 sq ft
-265 (-16%)
$ Per Living Sq Ft
$180
$190
-$9 (-5%)
Lot Size
436 sq ft
1,485 sq ft
-1049 (-71%)
$ Per Lot Sq Ft
$578
$226
$352 (155%)

Net Operating Income
$17,830
-$919 (-5%)
Annual Revenue
$26,400
$26,400
$0 (0%)
$8,612
$877 (10%)
Net Operating Income
$17,830
-$919 (-5%)
Cap Rate
5.8%
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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