NOT LISTED FOR SALE

5161 Ridge Forest Dr Stone Mountain, GA 30083

Estimated Value: $246,000 - $347,000

6 Beds
3 Baths
2,829 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $235,000 $83 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,034/month

82 Days on Market

Highlights

  • 0.7 Acre Lot
  • 2 Fireplaces
  • Central Heating and Cooling System
  • Property is near public transit
  • No HOA
  • Ceiling Fan

About This Home

As of July 2023

OUR SUPER SPACIOUS 6BD/4BD STONE MOUNTAIN DUPLEX IS A RARE JEWEL* DOUBLE DOORS=DOUBLE THE PROFIT * THE MASTER BEDROOM IS ON THE MAIN WITH ITS OWN PRIVATE BATH AND THE SECONDARY ROOMS ARE UPSTAIRS *UPDATES THROUGHOUT LIKE LAMINATE FLOORING AND NEARLY NEW HVAC SYSTEM BUT STILL NEEDS TLC * LARGE BACKYARD * BEAUTIFUL STONE MOUNTAIN IS A SHORT DRIVE OR ENJOY THE BEACH OF PINE LAKE ONLY MINUTES AWAY * CLOSE TO DEKALB FARMER'S MARKET. MARTA, SCHOOLS, PARKS/TRAILS AT WADE WALKER * PLEASE DO NOT DISTURB TENANTS, VIEWING BY APPOINTMENT ONLY * SAY HELLO TO A GOOD BUY!

Last Agent to Sell the Property

Penny Brown

Orchard Brokerage, LLC License #340656 Listed on: 04/21/2023

Orchard Brokerage, LLC

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,758

Year Built

  • Built in 1986

Lot Details

  • 0.7

Home Design

  • Duplex
  • Slab Foundation
  • Stone Frame
  • Stone Siding
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • 2 Fireplaces

Parking

  • 4 Parking Spaces
  • Parking Pad

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Stone Mountain Elementary And Middle School
  • Stone Mountain High School

Additional Features

  • 0.7 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for garbage

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,758

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Section: 00
  • Year Built: 1986
  • Financing Type: Conventional
  • Levels: One and One Half
  • Lot Size Acres: .70
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 335714

Exterior Features

  • Construction Materials: Stone Frame, Stone
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 4

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Walk To Public Transit, Walk To Schools

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Stone Mountain
  • High School: Stone Mountain
  • Middle School: Stone Mountain
  • Elementary School: Stone Mountain
  • Middle School: Stone Mountain
  • High School: Stone Mountain

Lot Info

  • Plat Book: 6664
  • Plat Page: 573

Rental Info

  • Owner Pays: Garbage

Multi Family

  • Total Fireplaces: 2
  • NumberOfUnitsTotal: 2

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jul 28, 2023
Sold by
Rakour Enterprise Inc
Bought by
Malka David
Seller's Agent
Penny Brown
Orchard Brokerage, LLC
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$335,000
Sold Price
$235,000
Premium/Discount to List
-$100,000
-29.85%
Views
871
Current Estimated Value
$296,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,497
Avg. Annual Appreciation
11.25%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Malka David $235,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $235,000 -29.9% $83 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $335,000 0.0% $118 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $335,000 +42.6% $118 / Sq Ft
06/04/2023 06/04/23 Off Market $235,000 -- --
06/02/2023 06/02/23 Price Changed $335,000 -4.1% $118 / Sq Ft
05/10/2023 05/10/23 Price Changed $349,500 -0.1% $124 / Sq Ft
04/21/2023 04/21/23 For Sale $349,900 -- $124 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $5,547 $94,000 $23,240 $70,760
2023 $5,547 $99,120 $12,800 $86,320
2022 $4,506 $102,120 $12,800 $89,320
2021 $4,593 $75,160 $12,800 $62,360
2020 $4,110 $62,760 $12,800 $49,960
2019 $3,071 $43,640 $12,800 $30,840
2018 $2,482 $41,400 $8,480 $32,920
2017 $2,443 $33,800 $8,480 $25,320
2016 $2,384 $32,520 $8,480 $24,040
2014 $1,359 $15,560 $8,480 $7,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10151608

Georgia MLS

APN: 18-037-18-101