$139,990 · STONE MOUNTAIN, GA 30088
Works for flippers

Sold

$139,990Asking price

3 bd · 2 ba · 1,614 sq ft · built 1979

STONE MOUNTAIN, GA 30088

No contract on file

via InvestorLift Classic

Listed Oct 22

Works for flippers

The Numbers

Sells for (ARV)From the listing: $265,000
Asking price: −$139,990
RepairsThe seller’s figure. Ours: $20,000 – $42,000: −$50,000
Loan, holding, closing20% down, 12% interest, 2 points, 80 days: −$17,335
Profit21.8% of ARV · flippers want 10%+: $57,675
Works

Works for a flipper up to $169,000.

DIRTY PROPERTIES

Joshua Shifrin

No reviews yet

Comps

ARV $265,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $173,000.

The sales behind this value are shown to members.

ARV $265,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

DIRTY PROPERTIES

Joshua Shifrin

No reviews yet

Seller Description

Stone Mountain Cul-de-Sac Deal | 3BD/2BA | $144.9K | $265K ARV

Spacious 3-bedroom, 2-bathroom single-family home situated on a generous 0.36-acre cul-de-sac lot in Stone Mountain's established Scarbrough subdivision. Offering over 1,600 sqft, a quiet residential setting, and convenient access to parks, shopping, and recreation, this property presents an attractive investment opportunity with strong resale potential in DeKalb County.

Property Highlights

3 Bedrooms / 2 Bathrooms
1,614 SqFt
0.36 Acre Lot
Single-Family Home
Cul-de-Sac Location
Located in Scarbrough Subdivision
Spacious Lot with Outdoor Potential
Estimated Reno: $50,000
Buy Now: $144,990
ARV: $265,000

Neighborhood Highlights

Located in the Scarbrough subdivision of Stone Mountain, DeKalb County, offering an established residential setting with cul-de-sac streets and convenient access to everyday amenities
Near Hairston Park, featuring walking trails, outdoor fitness equipment, playgrounds, and a scenic lake surrounded by natural greenery
Close to Wade Walker Park & YMCA, offering soccer and baseball fields, tennis courts, walking trails, indoor swimming, and fitness facilities
Short drive to Stone Mountain Park, a 3,200-acre destination featuring hiking trails, a scenic lake, outdoor recreation, and seasonal attractions
Convenient to Redan Village and Rockbridge Place Shopping Center for grocery stores, restaurants, retail shopping, and everyday necessities
Within reach of The Mall at Stonecrest, offering major department stores, dining, shopping, and entertainment
Easy access to Covington Highway, South Hairston Road, and I-20 for commuting throughout DeKalb County and toward Atlanta

Call/Text Joshua Shifrin — 917-767-7675 for access or questions.

Disclaimer

Broker participation is welcome at 3% on top of the buy now price. READY TO SETTLE - 2 weeks to close Selling “as-is.” Buyer is responsible for all closing costs and title insurance. Firm on price: Any offer below asking will not be considered. Cash or Hard Money Loans Only! Strongly prefer Merino and Associates as the title company. Permits have been pulled and closed for the addition.