NOT LISTED FOR SALE

5197 Ridge Forest Dr Stone Mountain, GA 30083

Stone Mountain Neighborhood

Estimated Value: $275,000 - $303,000

4 Beds
6 Baths
2,400 Sq Ft
$120/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $38,900 $16 Per Sq Ft

Est. 641% increase in value since last sale

Current estimated payment $1,983/month

7 Days on Market

Highlights

  • Private Lot
  • Restaurant
  • Forced Air Heating System
  • Attached Garage
  • Brick Front
  • Energy-Efficient Windows

About This Home

As of September 2012

WHAT A GREAT OPPORTUNITY IN THIS DUPLEX, EACH WITH 2 BEDROOMS, 2.5 BATHS, WELL MAINTAINED AND LOTS TO OFFER FOR THE SAVVY INVESTOR, OR LIVE IN ONE AND RENT OUT THE OTHER! EASY ACCESS FOR COMMUTERS. THIS IS HOMEPATH ELIGIBLE AS WELL, SUBMIT OFFERS ONLINE USING THE HOMEPATH WEBSITE

Last Agent to Sell the Property

REO SOUTH INC

REO South, Inc. Listed on: 08/02/2012

Last Buyer's Agent

Lee Brown

NOT A VALID MEMBER License #172131

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Private Lot

Home Design

  • Duplex
  • Ridge Vents on the Roof
  • Composition Roof
  • Vinyl Siding
  • Brick Front

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Attached Garage
  • Driveway Level

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Stone Mill Elementary School
  • Stone Mountain Middle School
  • Stone Mountain High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 59 / D
  • Assessor Parcel Number 5197RidgeForestDR

Community Details

Overview

  • 2 Units
  • Ridge Forest Subdivision

Amenities

  • Restaurant

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: None

Property Details

  • Property: Residential Income

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 4
  • Total Half Baths: 2

Exterior Features

  • Construction Materials: Brick Front, Vinyl Siding
  • Roof Type: Composition, Ridge Vents

Garage/Parking

  • Parking Features: Attached, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Restaurant
  • Subdivision Complex: RIDGE FOREST

Schools

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

Lot Info

  • Acres: 0.3300
  • Lot: 59
  • Plat Book: 33
  • Lot Features: Private
  • Lot Dimensions: .32 ACRES
  • Parcel Number: 5197RidgeForestDR
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 2

Tax Info

  • Taxes: 2107.00
  • Assessor Parcel Number: 18-037-18-094
  • Close Date: 2012-09-27
  • Tax Year: 2011

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2022
Sold by
Twachoka Mubonge
Bought by
Twachoka Mubonge and Mumeka Mary
Total Days on Market
7
Current Estimated Value
$288,425

Purchase Details

Listed on
Aug 2, 2012
Closed on
Sep 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Twachoka Mubonga
Seller's Agent
REO SOUTH INC
REO South, Inc.
Buyer's Agent
Lee Brown
NOT A VALID MEMBER
List Price
$39,900
Sold Price
$38,900
Premium/Discount to List
-$1,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%

Purchase Details

Closed on
Jul 3, 2012
Sold by
Gmac Mtg Llc
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
May 17, 1995
Sold by
Robers Ivan L
Bought by
James Arnold R Fiona
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
Twachoka Mubonge -- --
Twachoka Mubonga $38,900 --
Federal National Mtg Associati -- --
Gmac Mtg Llc $71,787 --
James Arnold R Fiona $18,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Igietseme Joseph $99,150
Closed James Arnold R Fiona $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2012 09/27/12 Sold $38,900 -2.5% $16 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $39,900 -- $17 / 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 $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

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    REO SOUTH INC

    REO South, Inc.

  • L

    Buyer's Agent in 2012

    Lee Brown

    NOT A VALID MEMBER

    (770) 572-9072

    5 in this area

    20 Total Sales

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5050311

First Multiple Listing Service (FMLS)

APN: 18-037-18-094

Georgia DeKalb County Stone Mountain 30083 Stone Mountain

5197 Ridge Forest Dr, Stone Mountain, GA

This home is located at 5197 Ridge Forest Dr, Stone Mountain, GA 30083 since 02 August 2012 and is currently estimated at $288,425, approximately $120 per square foot. This property was built in 1986. 5197 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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