NOT LISTED FOR SALE

5297 Ridge Forest Dr Stone Mountain, GA 30083

Estimated Value: $256,000 - $319,000

4 Beds
4 Baths
2,400 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 22, 2017

Last sale price $93,000 $39 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $2,029/month

Highlights

  • Property is walking distance to MARTA
  • 2 Car Attached Garage
  • Level Lot

About This Home

As of February 2017

Nice, 2-story Duplex being sold with Tenants in Place! Convenient to Stone Mountain Park, Walk Walker Park YMCA, Stone Mountain Village, MARTA, Shopping, Dining and Schools! Lease/Deposits Transfer at closing. Sold AS IS. Please DO NOT disturb the Tenants!

Last Agent to Sell the Property

The House Smith Team

Roost Realty, Inc. Listed on: 12/12/2016

Co-Listed By

Eileen Smith

Roost Realty, Inc. License #264426

Last Buyer's Agent

CYDNEY TYLER

Chapman Hall Realty License #285892

Chapman Hall Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,202

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 60x103x55x118
  • Level Lot

Home Design

  • Duplex
  • Composition Roof

Parking

  • 2 Car Attached Garage
  • Varies By Unit
  • Driveway Level

Location

  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

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

Additional Features

  • Energy-Efficient Thermostat
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Ridgemere Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / B
  • Assessor Parcel Number 18 037 18 058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,202

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

  • Roof Type: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Street Lights
  • Subdivision Complex: Ridgemere

Schools

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

Lot Info

  • Acres: 0.3300
  • Lot: 4
  • Land/Lot: 37
  • Section G M D: 2
  • Deed Book: 11932
  • Deed Page: 729
  • Plat Book: 81
  • Plat Page: 55
  • Lot Features: Level
  • Lot Dimensions: 60x103x55x118
  • Parcel Number: 18 037 18 058
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Multi Family

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

Tax Info

  • Taxes: 2202.00
  • Assessor Parcel Number: 18-037-18-058
  • Close Date: 2017-02-22
  • 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
Dec 12, 2016
Closed on
Feb 23, 2017
Sold by
Babalola Charles
Bought by
Major Investment Properties Ll
Seller's Agent
The House Smith Team
Roost Realty, Inc.
Buyer's Agent
CYDNEY TYLER
Chapman Hall Realty
List Price
$100,000
Sold Price
$93,000
Premium/Discount to List
-$7,000
-7%
Current Estimated Value
$293,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,450
Avg. Annual Appreciation
14.28%

Purchase Details

Closed on
Feb 12, 2001
Sold by
Norris John E
Bought by
Babalola Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1998
Sold by
Vyos Ashwin G and Vyos Rupa A
Bought by
Norris John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
7.02%
Mortgage Type
New Conventional
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
Major Investment Properties Ll $93,000 --
Babalola Charles $123,400 --
Norris John E $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Babalola Charles $111,500
Previous Owner Norris John E $95,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2017 02/22/17 Sold $93,000 -7.0% $39 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $100,000 0.0% $42 / Sq Ft
01/03/2017 01/03/17 Pending -- -- --
12/19/2016 12/19/16 For Sale $100,000 0.0% $42 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
12/12/2016 12/12/16 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 $5,676 $102,560 $26,000 $76,560
2023 $5,676 $94,720 $26,000 $68,720
2022 $5,137 $92,320 $12,800 $79,520
2021 $3,997 $68,960 $12,800 $56,160
2020 $3,780 $61,600 $12,800 $48,800
2019 $2,882 $44,960 $12,800 $32,160
2018 $2,316 $37,200 $8,000 $29,200
2017 $2,343 $32,080 $8,480 $23,600
2016 $2,202 $29,440 $8,480 $20,960
2014 $1,284 $14,280 $8,480 $5,800
Source: Public Records

Agents Affiliated with this Home

  • The House Smith Team

    Seller's Agent in 2017

    The House Smith Team

    Roost Realty, Inc.

    (404) 454-3747

    5 in this area

    30 Total Sales

    The House Smith Team
    Section Image
  • Eileen Smith

    Seller Co-Listing Agent in 2017

    Eileen Smith

    Roost Realty, Inc.

    (404) 234-4967

    4 in this area

    38 Total Sales

    Eileen Smith
    Section Image

  • C

    Buyer's Agent in 2017

    CYDNEY TYLER

    Chapman Hall Realty

    (404) 791-3992

    CYDNEY TYLER
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5781631

First Multiple Listing Service (FMLS)

APN: 18-037-18-058

Georgia DeKalb County Stone Mountain 30083

5297 Ridge Forest Dr, Stone Mountain, GA

This home is located at 5297 Ridge Forest Dr, Stone Mountain, GA 30083 since 12 December 2016 and is currently estimated at $293,450, approximately $122 per square foot. This property was built in 1986. 5297 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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