NOT LISTED FOR SALE

5181 Ridge Forest Dr Stone Mountain, GA 30083

Stone Mountain Neighborhood

Estimated Value: $276,000 - $311,000

4 Beds
4 Baths
2,400 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $30,000 $12 Per Sq Ft

Est. 872% increase in value since last sale

Current estimated payment $2,095/month

160 Days on Market

Highlights

  • Property is walking distance to MARTA
  • Central Heating
  • Level Lot

About This Home

As of June 2012

Great rental property, potential short sale.

Last Agent to Sell the Property

Larry McCall

Virtual Properties Realty.com License #151869 Listed on: 12/07/2011

Virtual Properties Realty.com

Last Buyer's Agent

REBECCA MEREDITH

HomeSmart License #281476

HomeSmart

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Composition Roof

Parking

  • 1 Parking Space
  • Varies By Unit

Location

  • Property is walking distance to MARTA

Schools

  • Stone Mill Elementary School
  • Stephenson Middle School
  • Stephenson High School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Underground Utilities

Community Details

  • 2 Units
  • Ridgemere Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5181RidgeForestDR

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1986
  • Special Features: 12

Property Details

  • Property: Residential Income

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Natural Gas
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Near Marta, Street Lights
  • Subdivision Complex: Ridgemere

Schools

  • Elementary School: Stone Mill
  • Middle School: Stephenson
  • High School: Stephenson

Lot Info

  • Acres: 0.3300
  • Lot Features: Level
  • Parcel Number: 5181RidgeForestDR
  • Property Attached Yn: No

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 2

Tax Info

  • Taxes: 2344.00
  • Assessor Parcel Number: 18-037-18-097
  • Close Date: 2012-06-15
  • Tax Year: 2010

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Stone Mill
  • High School: Stephenson
  • Middle School: Stephenson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2017
Sold by
Igietseme Joseph
Bought by
Bogale Mikael Nigatu
Current Estimated Value
$291,478

Purchase Details

Listed on
Dec 7, 2011
Closed on
Jun 15, 2012
Sold by
Kalu Agbai
Bought by
Igietseme Joseph
Seller's Agent
Larry McCall
Virtual Properties Realty.com
Buyer's Agent
REBECCA MEREDITH
HomeSmart
List Price
$120,000
Sold Price
$30,000
Premium/Discount to List
-$90,000
-75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.81%

Purchase Details

Closed on
May 7, 2004
Sold by
Igietseme Joseph
Bought by
Kalu Agbai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2002
Sold by
Heartwood 11 Llc
Bought by
Igietseme Joseph
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bogale Mikael Nigatu $86,600 --
Igietseme Joseph $30,000 --
Kalu Agbai $147,000 --
Igietseme Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Igietseme Joseph $47,667
Previous Owner Kalu Agbai $117,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $30,000 -75.0% $13 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
12/07/2011 12/07/11 For Sale $120,000 -- $50 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2023 $5,991 $68,960 $13,102 $55,858
2022 $4,182 $68,960 $13,102 $55,858
2021 $3,709 $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 $2,240 $34,640 $7,480 $27,160
2017 $2,343 $32,080 $8,480 $23,600
2016 $2,202 $29,440 $8,480 $20,960
2014 $1,267 $14,000 $8,480 $5,520
Source: Public Records

Agents Affiliated with this Home

  • Larry McCall

    Seller's Agent in 2012

    Larry McCall

    Virtual Properties Realty

    4 Total Sales

    Section Image
  • REBECCA MEREDITH

    Buyer's Agent in 2012

    REBECCA MEREDITH

    HomeSmart

    (770) 377-4082

    12 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 4302868

First Multiple Listing Service (FMLS)

APN: 18-037-18-097

Georgia DeKalb County Stone Mountain 30083 Stone Mountain

5181 Ridge Forest Dr, Stone Mountain, GA

This home is located at 5181 Ridge Forest Dr, Stone Mountain, GA 30083 since 07 December 2011 and is currently estimated at $297,144, approximately $123 per square foot. This property was built in 1986. 5181 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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