640 Mountain Oaks Pkwy Stone Mountain, GA 30087

3 beds · 2 baths · 2,250 sq ft · Lot Size: 13,504 sq ft · Single Family Home
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640 Mountain Oaks Pkwy is in the 30087 neighborhood of Stone Mountain, GA. It is located in DeKalb County and ZIP code 30087. This Single Family Home was built in 1996 and is approximately 29 years old. The single family home spans 2250 sq ft with 3 bedrooms and 2 bathrooms and sits on a 13504 sq ft lot. According to public records, it was last sold in 2016 for $173,500. Analyze and compare real estate investment strategies for properties like this home at 640 Mountain Oaks Pkwy Stone Mountain, GA 30087 with Property Intel by Whitepages.

Investment Potential for 640 Mountain Oaks Pkwy

The property has a current estimated value of $407,958, which is 33% above the zip median, based on public records. It last sold on December 20, 2016 for $174K. Projected long-term
is $24,600 annually ($2,050 per month) with a 96% occupancy rate.

Long-Term

Gross Rental
$24,600 per year($2,050 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 30087 zip code
 
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Owners & Occupancy for 640 Mountain Oaks Pkwy

This property is owned by Richard E Clark. Owner contact information includes 1 phone number and 2 email addresses.

Property Owners

Residence******************
Landline(404) 292-3045
Distance from Property**********
Email Address************@gmail.com

Property Ownership Information

Purchase DateDecember 20, 2016
Property Tax Amount$6,085 in 2023
Purchase Price$173,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 39
Resident 2*************** age 65

Property Details for 640 Mountain Oaks Pkwy

Property Details

Property Sq Ft

Living Area

2,250 sq ft

Compare to 30087

Lot Size

13,504 sq ft

Compare to 30087

Price Per Sq Ft

Living Area

$181 / sq ft

Compare to 30087

Lot Size Area

$30 / sq ft

Compare to 30087
Property condition, age, exterior, etc. for 640 Mounta…
Longitude: -84.11009 Latitude: 33.781053 Parcel Number (APN): 18-025-01-230…
Mortgage originated on through lender: Homebridge Fin'l Svcs Inc for$******View Mortgage Details
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Market Benchmarks

Compare data for 640 Mountain Oaks Pkwy in DeKalb County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$407,958
$284,951
$123,007 (43%)
$397,229
$164,574 (41%)
YoY Price Change
1.59%
297%
Year Built
1996
1989
7 years
Living Space
2,250 sq ft
1,682 sq ft
568 (34%)
$ Per Living Sq Ft
$181
$164
$17 (10%)
Lot Size
13,504 sq ft
16,553 sq ft
-3049 (-18%)
$ Per Lot Sq Ft
$30
$19
$11 (61%)

Net Operating Income
$16,488
-$4,223 (-26%)
Annual Revenue
$24,600
$22,800
$1,800 (8%)
$6,125
$6,210 (101%)
Net Operating Income
$16,488
-$4,223 (-26%)
Cap Rate
5.74%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians