NOT LISTED FOR SALE

5300 Ridge Forest Dr Stone Mountain, GA 30083

Stone Mountain Neighborhood

Estimated Value: $302,335 - $352,000

4 Beds
4 Baths
2,347 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 29, 2012

Last sale price $52,000 $22 Per Sq Ft

Est. 515% increase in value since last sale

Current estimated payment $2,273/month

98 Days on Market

Highlights

  • Corner Lot
  • Four Sided Brick Exterior Elevation
  • Central Heating
  • Cul-De-Sac

About This Home

As of May 2012

A wonderful 2 Unit Duplex nearby Stone Mountain Park and located in Historical Stone Mountain Village, Cul-de-Sac, Brick 4 sides, well maintained property for Investment. 2 Bedrooms and 2 full baths for each unit, may live in one unit and rent out other unit. Current rent is $650 per month for each unit. New Renovation!New Hardwood floors throughout. New window's blanks. New stove & great split bedroom. View of Great Room from kitchen. Move in ready! Must see!

Last Agent to Sell the Property

WEI RONG

Virtual Properties Realty.com License #346030 Listed on: 01/31/2012

Virtual Properties Realty.com

Last Buyer's Agent

Todd Jilot

Chapman Hall Premier, REALTORS License #270271

Chapman Hall Premier, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Corner Lot

Home Design

  • Duplex
  • Four Sided Brick Exterior Elevation

Parking

  • 2 Parking Spaces
  • Varies By Unit
  • Driveway Level

Schools

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

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units
  • Ridgemere Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / C
  • Assessor Parcel Number 5300RidgeForestDR

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,206

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

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
  • Utilities: Cable Available

Condo/Co-op/Association

  • Subdivision Complex: Ridgemere

Schools

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

Lot Info

  • Acres: 0.3300
  • Lot: 4
  • Land/Lot: 37
  • Deed Book: 21865
  • Deed Page: 270
  • Lot Features: Corner Lot, Cul-De-Sac
  • Lot Dimensions: .20
  • Parcel Number: 5300RidgeForestDR
  • Property Attached Yn: No

Multi Family

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

Tax Info

  • Taxes: 1206.00
  • Assessor Parcel Number: 18-037-18-140
  • Close Date: 2012-05-29
  • Tax Year: 2011

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • 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 31, 2012
Closed on
May 29, 2012
Sold by
Demax Property Management
Bought by
5300 Ridge Forest Llc
Seller's Agent
WEI RONG
Virtual Properties Realty.com
Buyer's Agent
Todd Jilot
Chapman Hall Premier, REALTORS
List Price
$80,000
Sold Price
$52,000
Premium/Discount to List
-$28,000
-35%
Current Estimated Value
$319,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,891
Avg. Annual Appreciation
14.70%

Purchase Details

Closed on
Feb 19, 2010
Sold by
Aurora Ln Svcs Llc
Bought by
Demax Property Management Llc

Purchase Details

Closed on
Jan 5, 2010
Sold by
London Clairmont
Bought by
Aurora Ln Svcs Llc

Purchase Details

Closed on
Apr 5, 2007
Sold by
Lee Audrey
Bought by
London Clairmont

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,900
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2004
Sold by
Rhule Helen and Rhule Matthew T
Bought by
Shirley Christopher H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Interest Rate
5.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2002
Sold by
Rhule Matt
Bought by
Rhule Helen and Rhule Matthew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,700
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1998
Sold by
Vyas Ashwin G and Vyas Rupa
Bought by
Rhule Matt
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
5300 Ridge Forest Llc $52,000 --
Demax Property Management Llc $38,100 --
Aurora Ln Svcs Llc $160,097 --
London Clairmont $162,000 --
Shirley Christopher H $149,900 --
Rhule Helen -- --
Rhule Matt $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner London Clairmont $153,900
Previous Owner Shirley Christopher H $119,920
Previous Owner Rhule Helen $95,700
Closed Rhule Matt --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2012 05/29/12 Sold $52,000 -35.0% $22 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $80,000 -- $34 / 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 $6,357 $106,120 $26,000 $80,120
2022 $5,631 $101,760 $12,800 $88,960
2021 $4,168 $72,160 $12,800 $59,360
2020 $3,667 $59,600 $12,800 $46,800
2019 $3,348 $53,120 $12,800 $40,320
2018 $2,116 $41,240 $8,480 $32,760
2017 $2,544 $35,520 $8,480 $27,040
2016 $2,375 $32,360 $8,480 $23,880
2014 $1,338 $15,200 $4,900 $10,300
Source: Public Records

Agents Affiliated with this Home

  • WEI RONG

    Seller's Agent in 2012

    WEI RONG

    Virtual Properties Realty

    (404) 849-2767

    10 Total Sales

    Section Image

  • T

    Buyer's Agent in 2012

    Todd Jilot

    Chapman Hall Premier, REALTORS

    (404) 377-6565

    6 in this area

    60 Total Sales

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 4319596

First Multiple Listing Service (FMLS)

APN: 18-037-18-140

Georgia DeKalb County Stone Mountain 30083 Stone Mountain

5300 Ridge Forest Dr, Stone Mountain, GA

This home is located at 5300 Ridge Forest Dr, Stone Mountain, GA 30083 since 31 January 2012 and is currently estimated at $323,834, approximately $137 per square foot. This property was built in 1986. 5300 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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