550 S Rays Rd Stone Mountain, GA 30083
Stone Mountain NeighborhoodEstimated payment $5,143/month
Highlights
- 770 Feet of Waterfront
- Lake View
- Pine Trees
- Lake On Lot
- 18.52 Acre Lot
- Community Lake
About This Lot
Amazing opportunity about 15 to 20 minutes from Emory University. Just 1.5 miles east of I-285 highway in Stone Mountain! Two combined parcels with total of approximately 18~acres zoned for single family. Previous plan for 40 single family development available upon request. BRING ALL OFFERS with PROOF OF FUNDS. Gravel driveway is on S Rays Rd between Rue St Germain and Rue St Dominique. 18 acres of undeveloped land with a 3.5-acre pond ideal for a private estate development or a small subdivision. Electric infrastructure, natural gas, public water and sewer connections are available.
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,236
Year Built
- Built in 1965
Lot Details
- 18.52 Acre Lot
- 770 Feet of Waterfront
- Lake Front
- Dirt Road
- Private Lot
- Pine Trees
- Partially Wooded Lot
- Grass Covered Lot
- Property is zoned RA5
Property Views
- Lake
- Woods
Home Design
- Ranch Style House
- Traditional Architecture
- Fixer Upper
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Schools
- Allgood - Dekalb Elementary School
- Freedom - Dekalb Middle School
- Clarkston High School
Utilities
- Underground Utilities
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 18 014 06 001
Community Details
Overview
- Stone Mountain/None Subdivision
- Community Lake
Recreation
- Lake On Lot
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2023 | $3,252 | $60,600 | $51,320 | $9,280 |
| 2022 | $7,657 | $167,320 | $51,320 | $116,000 |
| 2021 | $4,168 | $87,840 | $12,440 | $75,400 |
| 2020 | $4,286 | $90,520 | $24,320 | $66,200 |
| 2019 | $2,885 | $58,600 | $24,320 | $34,280 |
| 2018 | $2,004 | $40,280 | $24,320 | $15,960 |
| 2017 | $2,274 | $39,320 | $24,320 | $15,000 |
| 2016 | $1,909 | $36,120 | $24,320 | $11,800 |
| 2014 | $1,922 | $35,520 | $24,320 | $11,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2025 03/04/25 | Price Changed | $800,000 | -5.9% | -- |
| 02/25/2025 02/25/25 | For Sale | $850,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $155,000 | -- | |
| Warranty Deed | $70,000 | -- | |
| Limited Warranty Deed | $30,000 | -- | |
| Limited Warranty Deed | $100,001 | -- | |
| Foreclosure Deed | $410,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $216,700 | -- | |
| Deed | $216,700 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $108,400 | -- | |
| Deed | $108,400 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $653,012 | No Value Available | |
| Previous Owner | $653,012 | No Value Available |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7530741
APN: 18-014-06-001
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