NOT LISTED FOR SALE

5243 Ridge Forest Dr Stone Mountain, GA 30083

Estimated Value: $267,000 - $335,000

2 Beds
2.5 Baths
2,400 Sq Ft
$126/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $115,000 $48 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,102/month

Highlights

  • End Unit
  • Four Sided Brick Exterior Elevation
  • Laundry Facilities
  • Patio
  • Central Heating and Cooling System

About This Home

As of March 2018

Investors Welcome!!! Immediate income. Newly renovated Duplex's. Price includes 2 units. Tenants in place. Located close to Stone Mountain Park. Easy access to I85 & 285.

Last Agent to Sell the Property

Joshua Thompson

Keller Williams Lanier Partners License #374898 Listed on: 01/11/2018

Keller Williams Lanier Partners

Last Buyer's Agent

Bineyam Woldmichael

1st Class Realty Professional, Inc. License #339009

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 1986

Lot Details

  • 4,356

Parking

  • Parking Pad

Home Design

  • Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Open Access

Kitchen

  • Gas Range
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Rockbridge - Dekalb Elementary School
  • Stone Mountain Middle School
  • Stone Mountain High School

Additional Features

  • Patio
  • End Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 18 037 18 079

Community Details

Overview

  • 2 Units
  • Ridgemere Subdivision
  • FHA/VA Approved Complex

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,181

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 1986
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Appliances: Dishwasher, Gas Range
  • Kitchen Features: Laminate Counters
  • Common Walls: End Unit
  • Additional Rooms: Other
  • Square Footage: 2400.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Security: Open Access
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Common Area

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Subdivision Complex: Ridgemere

Association/Amenities

  • Number Of Units In Community: 2

Schools

  • Elementary School: Rockbridge - Dekalb
  • Middle School: Stone Mountain
  • High School: Stone Mountain

Lot Info

  • Deed Book: 21651
  • Deed Page: 465
  • Parcel Number: 18 037 18 079
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 2181.00
  • Assessor Parcel Number: 18-037-18-079
  • Close Date: 2018-03-23
  • Tax Year: 2016

MLS Schools

  • Elementary School: Rockbridge - Dekalb
  • High School: Stone Mountain
  • Middle School: Stone Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Mar 23, 2018
Sold by
Gauntt Odessa
Bought by
Bogale Mikeal Nigatu
Seller's Agent
Joshua Thompson
Keller Williams Lanier Partners
Buyer's Agent
Bineyam Woldmichael
1st Class Realty Professional, Inc.
List Price
$160,000
Sold Price
$115,000
Premium/Discount to List
-$45,000
-28.12%
Current Estimated Value
$303,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,047
Avg. Annual Appreciation
13.73%
Original Mortgage
$82,500
Outstanding Balance
$70,729
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$232,318

Purchase Details

Closed on
Jan 13, 2009
Sold by
Ace Securities 2007-Wm2
Bought by
Gauntt Odessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,435
Interest Rate
5.24%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 17, 2006
Sold by
Mcqueen Mike A and Mcqueen Teri E
Bought by
Gustave Gerard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
8.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2004
Sold by
Oyenuga Abimbola
Bought by
Mcqueen Mike A and Mcqueen Teri E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2003
Sold by
Frashola Ramon T
Bought by
Oyenuga Abimbola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 1999
Sold by
Purser Van S
Bought by
Fashola Ramon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,842
Interest Rate
7.85%
Mortgage Type
FHA
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
Bogale Mikeal Nigatu $115,000 --
Gauntt Odessa $72,000 --
Gustave Gerard $159,000 --
Mcqueen Mike A $149,000 --
Oyenuga Abimbola $148,000 --
Fashola Ramon T $113,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bogale Mikeal Nigatu $82,500
Previous Owner Gauntt Odessa $71,435
Previous Owner Gustave Gerard $127,200
Previous Owner Mcqueen Mike A $119,200
Previous Owner Oyenuga Abimbola $140,600
Previous Owner Fashola Ramon T $113,842
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $115,000 -28.1% $48 / Sq Ft
01/11/2018 01/11/18 For Sale $160,000 -- $67 / 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
2024 $5,945 $101,680 $24,720 $76,960
2023 $5,945 $68,520 $12,334 $56,186
2022 $4,159 $68,520 $12,334 $56,186
2021 $3,689 $68,520 $12,160 $56,360
2020 $3,883 $58,720 $12,160 $46,560
2019 $3,103 $44,200 $12,160 $32,040
2018 $2,225 $36,240 $6,880 $29,360
2017 $2,028 $26,720 $6,880 $19,840
2016 $2,181 $29,080 $6,880 $22,200
2014 $2,556 $35,960 $6,840 $29,120
Source: Public Records

Agents Affiliated with this Home

  • Joshua Thompson

    Seller's Agent in 2018

    Joshua Thompson

    Keller Williams Lanier Partners

    (770) 519-7856

    110 Total Sales

    Joshua Thompson
    Section Image
  • Bineyam Woldmichael

    Buyer's Agent in 2018

    Bineyam Woldmichael

    1st Class Realty Professional, Inc.

    (404) 307-8026

    1 in this area

    7 Total Sales

    Bineyam Woldmichael
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5949305

First Multiple Listing Service (FMLS)

APN: 18-037-18-079

Georgia DeKalb County Stone Mountain 30083

5243 Ridge Forest Dr, Stone Mountain, GA

This home is located at 5243 Ridge Forest Dr, Stone Mountain, GA 30083 since 11 January 2018 and is currently estimated at $303,047, approximately $126 per square foot. This property was built in 1986. 5243 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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