1427 Stone Mill Trace Stone Mountain, GA 30083
Estimated payment $801/month
Highlights
- Very Popular Property
- Covered Patio or Porch
- Bathtub with Shower
- A-Frame Home
- Eat-In Kitchen
- Tile Flooring
About This Home
Offering a compelling opportunity in the heart of Stone Mountain, this two-bedroom, one-and-a-half-bath condo represents an attractive value-add prospect priced well below market. Requiring only a modest investment of cosmetic TLC, the home provides the perfect canvas for buyers seeking to build equity through thoughtful updates while enjoying a solid, move-in-ready foundation.
Nestled in a quiet, well-maintained community, the residence features a comfortable and functional layout with generously sized bedrooms and an inviting living area. Recent improvements include refreshed kitchen finishes with beautiful porcelain tile and fresh paint throughout, while all major systems and mechanical components have been replaced within the last year—delivering peace of mind and minimizing near-term maintenance concerns. The efficient design makes it easy to envision the transformation with just a bit of personal attention.
Location further enhances the appeal. Just minutes from the iconic Stone Mountain Park, local shopping, schools, and major commuter routes serving the greater Atlanta area, this address sits in a convenient and desirable pocket that continues to draw interest from a wide range of buyers and residents.
Whether you are an investor looking to add a strong-performing asset to your portfolio or a buyer ready to personalize this home to your own taste, the combination of an exceptional price point, recent mechanical updates, and clear upside potential makes this property a standout opportunity.
Listing Agent
Berkshire Hathaway HomeServices Georgia Properties Brokerage Phone: 770-844-8484 Listed on: 06/11/2026
Co-Listing Agent
Berkshire Hathaway HomeServices Georgia Properties Brokerage Phone: 770-844-8484 License #357460
Home Details
Home Type
- Single Family
Year Built
- Built in 1974
Lot Details
- 871 Sq Ft Lot
- Lot Dimensions are 22x44x39x14x30
- Fenced
- Level Lot
HOA Fees
- $385 Monthly HOA Fees
Parking
- 1 Car Garage
- 1 Carport Space
Home Design
- 1,376 Sq Ft Home
- A-Frame Home
- Slab Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
- Vinyl Siding
- Stucco
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Range
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Schools
- Stone Mountain Elementary And Middle School
- Stone Mountain High School
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
- Phone Available
- Cable TV Available
Additional Features
- Laundry in Kitchen
- Covered Patio or Porch
Community Details
- Stone Mill Village Subdivision
Listing and Financial Details
- Legal Lot and Block 24 / 1
- Assessor Parcel Number 18 137 05 024
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,763 | $52,920 | $8,000 | $44,920 |
| 2024 | $3,382 | $67,480 | $8,000 | $59,480 |
| 2023 | $3,382 | $34,280 | $3,200 | $31,080 |
| 2022 | $1,715 | $32,480 | $3,200 | $29,280 |
| 2021 | $1,685 | $31,320 | $3,200 | $28,120 |
| 2020 | $1,065 | $17,520 | $3,200 | $14,320 |
| 2019 | $771 | $10,800 | $2,200 | $8,600 |
| 2018 | $891 | $17,280 | $3,200 | $14,080 |
| 2017 | $1,181 | $19,960 | $3,194 | $16,766 |
| 2016 | $735 | $9,840 | $880 | $8,960 |
| 2014 | $315 | $8,240 | $880 | $7,360 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2026 06/11/26 | For Sale | $65,000 | -- | $47 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $27,000 | -- | |
| Deed | $69,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Foreclosure Deed | $73,763 | -- | |
| Deed | $70,000 | -- | |
| Deed | $40,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $42,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $62,100 | New Conventional | |
| Previous Owner | $39,200 | New Conventional | |
| Previous Owner | $67,900 | VA | |
| Previous Owner | $32,000 | New Conventional | |
| Previous Owner | $37,500 | FHA |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7785045
APN: 18-137-05-024
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Ask me questions while you tour the home.