NOT LISTED FOR SALE

5167 Ridge Forest Dr Stone Mountain, GA 30083

Estimated Value: $315,894 - $346,000

4 Beds
4 Baths
2,400 Sq Ft
$137/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $322,000 $134 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,295/month

37 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • No HOA

About This Home

As of March 2023

Outstanding Cash-Flowing Investment Opportunity sold as is, close to renowned Stone Mountain Park and shopping/dining in historic downtown! Well-maintained duplex with tenants already in place. Each unit has 2 roomy bedrooms and 2 full bathrooms upstairs. The first floor each features a great room/family room, kitchen, and half-bath. Backyard privacy with patio and extra storage. recent paint and replacement of HVAC and roof

Last Agent to Sell the Property

Lebert Porter

Avacom Realty Group Inc License #285895 Listed on: 01/07/2023

Last Buyer's Agent

Lebert Porter

Avacom Realty Group Inc License #285895 Listed on: 01/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 1986

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Parking

  • 4 Parking Spaces
  • Parking Pad

Location

  • Property is near public transit
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Community Details

  • No Home Owners Association
  • 2 Units
  • Ridgemere Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,684

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1986
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .20
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None
  • Price Per Square Foot: 1610000

Exterior Features

  • Construction Materials: Other
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 4

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Walk To Public Transit, Walk To Shopping

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

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3683.57

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Smith Antoine
Bought by
Smith Stanley Living Trust Dated August and Smith Antoine Dominique Tr
Current Estimated Value
$329,974

Purchase Details

Listed on
Jan 7, 2023
Closed on
Mar 21, 2023
Sold by
Jackson Trevor
Bought by
Smith Antoine
Seller's Agent
Lebert Porter
Avacom Realty Group Inc
Buyer's Agent
Lebert Porter
Avacom Realty Group Inc
List Price
$330,000
Sold Price
$322,000
Premium/Discount to List
-$8,000
-2.42%
Views
404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.97%
Original Mortgage
$316,167
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2007
Sold by
Williams Larry
Bought by
Jackson Trevor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2003
Sold by
Salontai Sebastian
Bought by
Williams Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2001
Sold by
Mcmillian Bryan
Bought by
Salontai Sebastian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,050
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 1999
Sold by
Nash Terry L
Bought by
Mcmillian Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
10.9%
Mortgage Type
New Conventional
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
Smith Stanley Living Trust Dated August -- --
Smith Antoine $322,000 --
Jackson Trevor $157,000 --
Williams Larry $148,000 --
Salontai Sebastian $128,500 --
Mcmillian Bryan $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Antoine $316,167
Previous Owner Jackson Trevor $149,150
Previous Owner Williams Larry $133,200
Previous Owner Salontai Sebastian $122,050
Previous Owner Mcmillian Bryan $79,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $322,000 -2.4% $134 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/07/2023 01/07/23 For Sale $330,000 -- $138 / 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 $6,556 $113,480 $26,000 $87,480
2023 $6,556 $105,240 $26,000 $79,240
2022 $5,402 $92,320 $12,800 $79,520
2021 $4,262 $68,960 $12,800 $56,160
2020 $3,907 $59,160 $12,800 $46,360
2019 $3,147 $44,960 $12,800 $32,160
2018 $2,375 $39,240 $8,480 $30,760
2017 $2,343 $32,080 $8,480 $23,600
2016 $2,202 $29,440 $8,480 $20,960
2014 $1,284 $14,280 $8,480 $5,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lebert Porter

    Avacom Realty Group Inc

    (678) 598-5942

    1 in this area

    5 Total Sales

    Lebert Porter
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10120707

Georgia MLS

APN: 18-037-18-100

Georgia DeKalb County Stone Mountain 30083

5167 Ridge Forest Dr, Stone Mountain, GA

This home is located at 5167 Ridge Forest Dr, Stone Mountain, GA 30083 since 07 January 2023 and is currently estimated at $329,974, approximately $137 per square foot. This property was built in 1986. 5167 Ridge Forest Dr is a home located in DeKalb County with nearby schools including Stone Mountain Elementary School, Stone Mountain Middle School, and Stone Mountain High School.

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