5374 Cherry Wood Dr, Stone Mountain, GA, 30083
About This Home
Unlock significant investment potential with this charming ranch-style home located at 5374 Cherry Wood Drive in Stone Mountain. Priced at an attractive $104,999 Cash or conventional only , this property offers an exceptional opportunity for real estate investors seeking a strong return. Boasting a desirable double master bedroom layout this residence is designed for comfortable living and easy maintenance, appealing to a wide range of prospective tenants or future homeowners.The classic brick front exterior provides excellent curb appeal, while the quiet neighborhood ensures a peaceful environment. Built in 1986, this single-level home eliminates the concerns of stairs, enhancing accessibility and broad appeal. A major advantage for investors is NO Homeowners Association (HOA), which translates to lower holding costs and greater flexibility in property management. With an estimated After Repair Value (ARV) of $200,000, this property presents a clear path to substantial equity growth.This affordable investment is strategically located in Stone Mountain, a community offering convenience and a steady rental market. The practical layout, combined with the low-maintenance features and NO HOA fees, makes this an ideal asset for your portfolio. Seize the opportunity to transform this solid foundation into a lucrative investment. This property is ready for its next chapter, promising both immediate value and long-term appreciation for the savvy investor.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1986
Materials
- Foundation: None
- Roof: Composition
- Construction materials: Brick,Other
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Other
- Laundry features: Other
Basement
- Basement: None
Bedroom
- Features: None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Dining Room
- Features: Other
Features
- Other
- Window features: None
- Flooring: Other
- Fireplace features: None
Heating & Cooling
- Heating features: Central
- Cooling features: None
Interior Area
- Total structure area: 1,097
- Total interior livable area: 1,097 sqft
Kitchen
- Features: None
Master Bathroom
- Features: Other
Master Bedroom
- Features: None
- Level: None
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 18 037 18 042
- Other equipment: None
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: None
- Exterior features: None,No Dock
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Other
- Waterfront features: None
- Waterbody name: None
Lot
- Lot size: 3,484 sqft
- Features: Back Yard
- Lot size dimensions: 110 x 30
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Cold Wave
- Hail
- Ice Storm
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $530 | $6,360 |
| Home Insurance * | $76 | $912 |
| Property Taxes | $81 | $972 |
| Electricity | $219 | $2,637 |
| Total | $906 | $10,872 |
Income You'd Need if You Spent...
Georgia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-13 | Pending sale | $104,999 |
| 2026-05-06 | Listed for sale | $104,999 |
| 2026-05-05 | Listing removed | $105,000 |
| 2026-04-30 | Price change | $105,000 |
| 2026-04-24 | Listed for sale | $110,000 |
| 2026-04-18 | Pending sale | $110,000 |
| 2026-04-15 | Price change | $110,000 |
| 2026-04-09 | Price change | $118,745 |
| 2026-03-23 | Listed for sale | $125,000 |
| 2020-06-20 | Listing removed | $84,900 |
| 2020-04-15 | Listed for sale | $84,900 |
| 2019-03-22 | Sold | $88,447 |
| 2019-02-28 | Pending sale | $84,900 |
| 2019-02-28 | Listed for sale | $84,900 |
| 2019-02-04 | Sold | $50,480 |
| 2010-02-10 | Sold | $13,500 |
| 2010-01-09 | Listed for sale | $14,900 |
| 2009-11-23 | Sold | $42,000 |
| 1999-10-08 | Sold | $66,400 |
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