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587 Watson Bay

Stone Mountain, GA 30087

4 bd 3 ba 2,375 sqft Built 1997 Lot 8,712 sqft single_family
Most recent sale
$385,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 5, 2022 Sold $385,000 Public Record
Jun 17, 2022 Sold $385,000 MLS #10022545
Apr 1, 2022 Price changed $389,900 MLS #10022545
Feb 19, 2022 Listed $399,900 MLS #10022545
Feb 18, 2022 Listed $399,900 MLS #7005213
Mar 9, 2020 Listing removed $180,000 GeorgiaMLS
Aug 1, 2000 Sold $163,000 Public Record
Mar 12, 1997 Sold $139,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $128,480 $13,400 $141,880 $4,325
2024 $128,480 $13,400 $141,880 $4,524
2023 $123,440 $18,000 $141,440 $3,862
2022 $97,240 $10,400 $107,640 $5,082
2021 $74,280 $10,400 $84,680 $4,074
2020 $58,800 $9,640 $68,440 $3,361
2019 $60,520 $10,400 $70,920 $3,470
2018 $54,720 $10,400 $65,120 $3,222
2017 $47,280 $10,400 $57,680 $2,901
2016 $39,480 $10,400 $49,880 $2,562
2014 $39,480 $10,400 $49,880 $2,617
2013 $32,320 $10,400 $42,720 $2,294
2012 $27,840 $10,320 $38,160 $2,090
2011 $33,560 $12,640 $46,200 $2,411
2010 $29,280 $16,920 $46,200 $2,210
2009 $53,800 $2,514
2008 $69,640 $3,084
2007 $69,640 $3,084

Property facts

Year built
1997
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,375 sqft
Lot size
8,712 sqft
ZIP code
30087
City
Stone Mountain
Street
Watson Bay
Coordinates
33.77834, -84.07889

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,681
Gross rental yield
11.47%
Implied cap rate
7.46%
Trend-extrapolated value

Frequently asked questions

When did 587 Watson Bay last sell?
587 Watson Bay most recently sold on Jun 17, 2022 for $385,000.
What is the current tax assessment for 587 Watson Bay?
The most recent total assessment for 587 Watson Bay (year 2025) is $141,880 with $4,325 in property tax.
How does 587 Watson Bay's assessment compare to its last sale price?
The current assessment is 63.1% below the last sale price of $385,000.
When was 587 Watson Bay built?
587 Watson Bay was built in 1997.
How does 587 Watson Bay compare to others on Watson Bay?
We track 8 other properties on Watson Bay. Browse the list under "Other properties on Watson Bay" to compare beds, baths, and sale history.
What are the property facts for 587 Watson Bay?
587 Watson Bay is a 4 bed, 3 bath, 2,375 sqft, 8,712 sqft lot single_family.
Is 587 Watson Bay a flip candidate?
No — 587 Watson Bay does not appear in our flips dataset.
Is 587 Watson Bay a tax-appeal candidate?
No — 587 Watson Bay is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.8%
Implied 1-yr
-11.1%
2026 Q3
$369.9K
2026 Q4
$357.5K
ZIP 30087 — Median Price History + Forecast

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