NEW DEAL (30083): 4012 Maxey Hill Dr

DeKalb County, Stone Mountain, GA, 30083
Sold
Listed at: December 28th, 2021
Price
$215,000
ARV
$315,000
Gross Margin
$100,000
Sq. Footage
1650
Type
Single-Family
Parking
Attached Garage
Year build
1964
Lot size
0.30 acres
Bedrooms
3
Bathrooms
1.5
Half Bathrooms
0
Summary

✔Asking: $215,000

✔ARV: $315,000

✔Repairs: $40,000 (Mostly lipstick work. Cabinets, flooring, paint, possible roof work needed)

✔Estimated Flip Gain: 12%

✔Estimated CAP Rate: 7%


Age of Roof: TBD

Age of HVAC: TBD but in good condition


3 beds

1.5 baths (I suggest easily converting the half bath into a full bath by sacrificing some closet space)

1100 sq ft, but finished, liveable basement increases liveable total to 1650 sq ft.

1964 build

.3 acre lot

Vacant - Access by lockbox (Contact Michael Chung for code)

$764/yr in property taxes

Rental Estimate: ~$1650/m


Property Features:

✔Ranch Build & Brick Walls

✔Basement Area: 550 sqft and it is finished

✔Garage Area: 550 sqft, fit for 1 car

✔Close to everything. Schools, Milan Park Pool, Downtown Clarkston, I-285, US-78, Your DeKalb Farmers Market, PATH and more.

✔Central AC

✔HVAC in good condition

✔Paved Driveway


Accurate comparables at bottom of this page

3901 Garfield Drive - $315,000

895 Belle Glade Drive - $275,000

4022 Elmscourt Drive - $290,000

825 RAYS Road (.3 mi away) sold for $190,000 in August 2021 and needed a heavy rehab

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Michael Chung

No reviews

Disposition manager