NOT LISTED FOR SALE

5262 Ridge Forest Dr Stone Mountain, GA 30083

Estimated Value: $290,000 - $335,000

4 Beds
6 Baths
2,400 Sq Ft
$134/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $105,500 $44 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $2,280/month

Highlights

  • Four Sided Brick Exterior Elevation
  • Fenced
  • Level Lot
  • Central Heating

About This Home

As of August 2017

Nice, 2-story duplex being sold with Tenant in Place! Convenient to Stone Mountain Park, Wade Walker Park YMCA, Stone Mountain Village, MARTA, Shopping, Dining and Schools! Lease/Deposits Transfer at closing. Sold AS IS, no disclosure, no repairs. Please DO NOT disturb the Tenant! No HOA! Best and Final due Thursday, August 3rd at 5:00 pm.

Last Agent to Sell the Property

The House Smith Team

Roost Realty, Inc. Listed on: 07/17/2017

Co-Listed By

Eileen Smith

Roost Realty, Inc. License #264426

Last Buyer's Agent

Elleni Asseged

Virtual Properties Realty. Biz License #364061

Virtual Properties Realty. Biz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 69x105x69x105
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Parking

  • 2 Parking Spaces
  • Varies By Unit
  • Driveway Level

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Ridgemere Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18 037 18 136
  • Tax Block C

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,218

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

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Fenced

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Level Driveway, Varies by Unit

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Ridgemere

Schools

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

Lot Info

  • Acres: 0.3300
  • Land/Lot: 37
  • Section G M D: 2
  • Deed Book: 11815
  • Deed Page: 422
  • Plat Book: 81
  • Plat Page: 55
  • Lot Features: Level
  • Lot Dimensions: 69x105x69x105
  • Parcel Number: 18 037 18 136
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Multi Family

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

Tax Info

  • Taxes: 2218.00
  • Assessor Parcel Number: 18-037-18-136
  • Close Date: 2017-08-18
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Stone Mountain
  • High School: Stone Mountain
  • Middle School: Stone Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2017
Closed on
Aug 18, 2017
Sold by
Babalola Dorcas
Bought by
Eais Llc
Seller's Agent
The House Smith Team
Roost Realty, Inc.
Buyer's Agent
Elleni Asseged
Virtual Properties Realty. Biz
List Price
$100,000
Sold Price
$105,500
Premium/Discount to List
$5,500
5.5%
Current Estimated Value
$322,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,808
Avg. Annual Appreciation
14.72%
Original Mortgage
$79,125
Outstanding Balance
$66,024
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$256,284

Purchase Details

Closed on
Jul 6, 2010
Sold by
Lachman Aretha
Bought by
Bank Of America

Purchase Details

Closed on
Jan 5, 2001
Sold by
Masaud Tariq
Bought by
Babalola Dorcas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,375
Interest Rate
7.53%
Mortgage Type
New Conventional
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
Eais Llc $105,500 --
Bank Of America $27,200 --
Babalola Dorcas $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eais Llc $79,125
Previous Owner Babalola Dorcas $116,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $105,500 +5.5% $44 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $100,000 0.0% $42 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $100,000 -- $42 / 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 $6,857 $119,280 $26,000 $93,280
2023 $6,857 $110,160 $26,000 $84,160
2022 $6,094 $105,560 $12,800 $92,760
2021 $4,441 $72,320 $12,800 $59,520
2020 $4,049 $61,680 $12,800 $48,880
2019 $3,853 $57,320 $12,800 $44,520
2018 $2,672 $42,200 $7,640 $34,560
2017 $2,856 $40,840 $8,480 $32,360
2016 $2,680 $37,520 $8,480 $29,040
2014 $1,282 $14,240 $8,480 $5,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5879933

First Multiple Listing Service (FMLS)

APN: 18-037-18-136