$299,000
UNDER CONTRACT $30K PRICE DROP

5197 Ridge Forest Dr Stone Mountain, GA 30083

Estimated payment $2,019/month

Total Views 1,259
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near public transit
  • No HOA
  • Central Heating and Cooling System

About This Home

Well-maintained duplex near downtown Stone Mountain and historic Stone Mountain Park-ideal for investors or owner-occupants! 2 bedroom and 2.5 bath on each side!! One side rented at $1,300/month, keep current tenant for immediate income or give notice to occupy both. Minimal work needed to make move-in ready. Easy transition to single-family living if desired. Conveniently located near shopping, dining, and major highways. A versatile property with strong income and long term potential!

Listing Agent

Ashley Myrick

Frazier Realty Services Inc. License #384521 Listed on: 10/13/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,313

Year Built

  • Built in 1986

Home Design

  • Brick Exterior Construction

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Private Water Source

Additional Features

  • 2-Story Property
  • 6,098 Sq Ft Lot
  • Property is near public transit

Community Details

  • No Home Owners Association
  • 2 Units
  • Ridgemere Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,313

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1986
  • Levels: Two
  • Lot Size Acres: .14
  • Structure Type: Duplex, Townhouse
  • Special Features: UnderContract
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick, Other
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Over 1 Space per Unit

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Private, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

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

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 24
  • Tax Annual Amount: 5312.61

Multi Family

  • NumberOfUnitsTotal: 2

Map

Range of Values:

Collateral Analytics

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $4,499 $104,560 $26,000 $78,560
2024 $4,460 $102,560 $26,000 $76,560
2023 $4,460 $94,720 $26,000 $68,720
2022 $4,120 $94,520 $12,800 $81,720
2021 $3,466 $75,600 $12,800 $62,800
2020 $3,201 $65,080 $12,800 $52,280
2019 $2,610 $50,560 $12,800 $37,760
2018 $1,873 $44,560 $8,480 $36,080
2017 $2,093 $36,560 $8,480 $28,080
2016 $1,711 $30,400 $8,480 $21,920
2014 $878 $15,280 $8,480 $6,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2025 10/30/25 Price Changed $299,000 -9.1% --
10/13/2025 10/13/25 For Sale $329,000 +745.8% --
09/27/2012 09/27/12 Sold $38,900 -2.5% $16 / Sq Ft View Prior Sale
08/09/2012 08/09/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $39,900 -- $17 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $38,900 --
Warranty Deed -- --
Foreclosure Deed $71,787 --
Deed $18,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 No Value Available
Source: Public Records

Source: Georgia MLS

MLS Number: 10624346

Georgia MLS

APN: 18-037-18-094