1064 Hodges Way Stone Mountain, GA 30087

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4 beds · 2 baths · 2,140 sq ft · Lot Size: 20,038 sq ft · Single Family Home · Mountain Park
Est. Property Value: $370,865

High Demand Long-Term RentalValued below Market MedianOwned for 25 - 50 YearsOwner Age 55 - 65

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1064 Hodges Way is in the Mountain Park neighborhood of Stone Mountain, GA. It is located in Gwinnett County and ZIP code 30087. This Single Family Home was built in 1982 and is approximately 43 years old. The single family home spans 2140 sq ft with 4 bedrooms and 2 bathrooms and sits on a 20038 sq ft lot. According to public records, it was last sold in 1998 for $138,000 and has a tax-assessed value of $340,400, which is $173 per sq ft. The Mountain Park area of Stone Mountain has 990 residential homes with an average size of 3058 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1064 Hodges Way Stone Mountain, GA 30087 with Property Intel by Whitepages.

Investment Potential for 1064 Hodges Way

The property has a current estimated value of $370,865, which is 17% below the neighborhood median, based on public records. It last sold on March 11, 1998 for $138K. Projected long-term
is $28,200 annually ($2,350 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$28,200 per year($2,350 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
96%in 30087 zip code
 
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Owners & Occupancy for 1064 Hodges Way

This property is owned by Erik K Ketelsen. Owner contact information includes 5 phone numbers and 2 email addresses.

Property Owners

Cell Phone(770) ***-****View Cell Phone
Residence******************
Landline(770) 923-1923
Distance from Property**********
Email Address*********@bellsouth.netView Email
View All Owner Info

Property Ownership Information

Purchase DateMarch 11, 1998
Purchase Price$138,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 60
Resident 2****************
Resident 3****************** age 24

Property Details for 1064 Hodges Way

Property Details

Property Sq Ft

Living Area

2,140 sq ft

30% below market

Lot Size

20,038 sq ft

5% above market

Price Per Sq Ft

Living Area

$173 / sq ft

17% above market

Lot Size Area

$19 / sq ft

10% below market

Property condition, age, exterior, etc. for 1064 Hodge…
Longitude: -84.14358 Latitude: 33.841732 Parcel Number (APN): R6096-059…
Mortgage originated on through lender: Homebanc Mtg for$******View Mortgage Details

Recommended Properties in Mountain Park

Discover more single family homes near 1064 Hodges Way in Stone Mountain, Georgia. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1064 Hodges Way in Gwinnett County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$370,865
$444,898
-$74,033 (-17%)
$******
$602,447
-$179,508 (-30%)
YoY Price Change
****%
1.39%
137%
Year Built
1982
2001
-19 years
Living Space
2,140 sq ft
2,821 sq ft
-681 (-24%)
$ Per Living Sq Ft
$173
$158
$15 (10%)
Lot Size
20,038 sq ft
16,513 sq ft
3525 (21%)
$ Per Lot Sq Ft
$19
$29
-$11 (-36%)

Net Operating Income
$*****
$19,565
$2,165 (11%)
Annual Revenue
$28,200
$30,600
-$2,400 (-8%)
$****
$11,313
-$4,843 (-43%)
Net Operating Income
$*****
$19,565
$2,165 (11%)
Cap Rate
****%
4.75%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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