NOT LISTED FOR SALE

5238 Ridge Forest Dr Stone Mountain, GA 30083

Stone Mountain Neighborhood

Estimated Value: $322,000 - $370,000

4 Beds
4 Baths
2,440 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 07, 2012

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

Est. 782% increase in value since last sale

Current estimated payment $2,454/month

17 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Level Lot

About This Home

As of September 2012

GREAT CHANCE TO OWN A MONEY MAKER AS IS CONDITION. THIS PROPERTY WILL NOT BE ON THE MARKET LONG. MOTIVATED SELLER. NEEDS A LITTLE TLC BUT A GOOD BUY FOR YOUR MONEY. SELLER PREFERS TO CLOSE WITH HIS ATTORNEY.

Last Agent to Sell the Property

Brian Jacobs

NOT A VALID MEMBER License #149652 Listed on: 08/14/2012

Last Buyer's Agent

Todd Jilot

Chapman Hall Premier, REALTORS License #270271

Chapman Hall Premier, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Fixer Upper
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Property is near public transit
  • Property is walking distance to MARTA

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Ridgemere Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5238RIDGEFORESTDR

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: Fixer Upper
  • Year Built: 1986
  • Special Features: None

Property Details

  • Property: Residential Income

Beds/Baths

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

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Forced Air, Natural Gas

Condo/Co-op/Association

  • Community Features: Near Marta, Public Transportation, Street Lights
  • Subdivision Complex: RIDGEMERE

Schools

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

Lot Info

  • Acres: 0.5000
  • Lot Features: Level
  • Parcel Number: 5238RIDGEFORESTDR
  • Property Attached Yn: No

Multi Family

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

Tax Info

  • Taxes: 2090.00
  • Assessor Parcel Number: 18-037-18-131
  • Close Date: 2012-09-07
  • Tax Year: 2011

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2012
Closed on
Sep 7, 2012
Sold by
Godley Jared R
Bought by
Next Ridge Forest Llc
Seller's Agent
Brian Jacobs
NOT A VALID MEMBER
Buyer's Agent
Todd Jilot
Chapman Hall Premier, REALTORS
List Price
$35,500
Sold Price
$38,900
Premium/Discount to List
$3,400
9.58%
Current Estimated Value
$343,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,357
Avg. Annual Appreciation
18.10%

Purchase Details

Closed on
Jan 1, 2012
Sold by
Godley Clifford E
Bought by
Godley Jared R

Purchase Details

Closed on
Aug 5, 2011
Sold by
5238 Ridge Forest Drive Ll
Bought by
Godley Clifford E

Purchase Details

Closed on
Aug 18, 2010
Sold by
Nichols Alana C
Bought by
5238 Ridge Forest Drive Llc

Purchase Details

Closed on
Aug 21, 2009
Sold by
Bear Stearns Abs 2006-Ac1
Bought by
Nichols Alana C

Purchase Details

Closed on
Jun 2, 2009
Sold by
Barclay Emanuel J and Barclay Albertine
Bought by
Bear Stearns Abs 2006-Ac1

Purchase Details

Closed on
Oct 21, 2005
Sold by
Hall Theresa
Bought by
Barclay Emanuel J and Barclay Albertine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2003
Sold by
Jones Real Est Investment Incorp
Bought by
Hall Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2002
Sold by
Jones Raphael
Bought by
Jones Real Est & Investment
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
Next Ridge Forest Llc $38,900 --
Godley Jared R -- --
Godley Clifford E -- --
5238 Ridge Forest Drive Llc -- --
Nichols Alana C $37,000 --
Bear Stearns Abs 2006-Ac1 $40,000 --
Barclay Emanuel J $155,000 --
Hall Theresa $143,000 --
Jones Real Est & Investment -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barclay Emanuel J $124,000
Previous Owner Hall Theresa $25,000
Previous Owner Hall Theresa $128,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2012 09/07/12 Sold $38,900 +9.6% $16 / Sq Ft
08/31/2012 08/31/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $35,500 -- $15 / 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 $6,896 $111,040 $26,000 $85,040
2022 $6,132 $106,280 $12,800 $93,480
2021 $4,494 $73,320 $12,800 $60,520
2020 $3,214 $46,840 $8,480 $38,360
2019 $3,254 $46,840 $8,480 $38,360
2018 $2,874 $48,000 $8,480 $39,520
2017 $2,889 $41,400 $8,480 $32,920
2016 $2,665 $37,280 $8,480 $28,800
2014 $1,286 $14,320 $8,480 $5,840
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Brian Jacobs

    NOT A VALID MEMBER

    Section Image

  • T

    Buyer's Agent in 2012

    Todd Jilot

    Chapman Hall Premier, REALTORS

    (404) 377-6565

    6 in this area

    60 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5056983

First Multiple Listing Service (FMLS)

APN: 18-037-18-131

Georgia DeKalb County Stone Mountain 30083 Stone Mountain

5238 Ridge Forest Dr, Stone Mountain, GA

This home is located at 5238 Ridge Forest Dr, Stone Mountain, GA 30083 since 14 August 2012 and is currently estimated at $343,953, approximately $140 per square foot. This property was built in 1986. 5238 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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