NOT LISTED FOR SALE

5305 Ridge Forest Dr Stone Mountain, GA 30083

Estimated Value: $267,000 - $322,000

2 Beds
2.5 Baths
2,800 Sq Ft
$107/Sq Ft Est. Value

Highlights

  • Great Room
  • Walk-In Closet
  • Central Heating and Cooling System
  • No HOA
  • Brick Front
  • Garden Home

About This Home

As of March 2024

OPEN HOUSE SATURDAY AUGUST 12TH 1:00-2:00...PLEASE BRING PROOF OF INCOME FOR PRE-SCREENING. Move-in ready 2 bedroom 2.5 bath roommate plan duplex. Qualifications: Combined Gross monthly income 3x the monthly rent; Security Deposit 1 month's rent; Refundable Cleaning Fee $250.00; Application Fee $55 per adult 18 and over; Minimum credit score 550; No pets; Renter's Insurance is required.

Last Agent to Rent the Property

Debra Walker

Nicolyn Properties, LLC License #323141 Listed on: 08/08/2023

Last Renter's Agent

Debra Walker

Nicolyn Properties, LLC License #323141 Listed on: 08/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,676

Year Built

  • Built in 1986

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • Parking Pad

Home Design

  • Duplex
  • Garden Home
  • Composition Roof
  • Press Board Siding
  • Brick Front

Interior Spaces

  • 2-Story Property
  • Roommate Plan
  • Great Room
  • Laminate Flooring
  • Oven or Range
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,350
  • 12-Month Min and 24-Month Max Lease Term
  • $55 Application Fee

Community Details

Overview

  • No Home Owners Association
  • Ridgemere Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,676

Year Built

Built in 1986

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Security Deposit: 1350

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1986
  • ArchitecturalStyle: Brick Front
  • Main Level Half Bathrooms: 1
  • Electric: 220 Volts
  • Financing Type: LEASE
  • Levels: Two
  • Lot Size Acres: .20
  • Property Sub-Type: Duplex
  • Structure Type: Garden/Patio Home
  • Max Rental Period Months: 24
  • Min Rental Period Months: 12
  • Use Rent Spree: Yes
  • Total Finished Area2: 2800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Oven/Range (Combo), Refrigerator
  • Bedrooms: 2
  • Basement: None
  • Below Grade Finished Sq Ft: 1400
  • Total Finished Sq Ft: 1400
  • Above Grade Finished Sq Ft: 1400
  • Interior Amenities: Walk-In Closet(s), Roommate Plan
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Laminate
  • Price Per Square Foot: 0.46

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Press Board, Brick
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None
  • Application Fee: 55
  • PetsAllowed: No

Fee Information

  • Fee Paid: No
  • Association Fee Includes: None

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2006
Sold by
Prevost William P and Prevost Michele M
Bought by
Dalhouse Fabian
Current Estimated Value
$298,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Outstanding Balance
$80,839
Interest Rate
6.41%
Mortgage Type
New Conventional
Estimated Equity
$217,472
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
Dalhouse Fabian $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dalhouse Fabian $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Rented $1,300 0.0% --
11/09/2023 11/09/23 Price Changed $1,300 -3.7% $0 / Sq Ft
08/08/2023 08/08/23 For Rent $1,350 -- --
Source: Georgia MLS

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 $2,375 $39,240 $8,480 $30,760
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

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Map

Source: Georgia MLS

MLS Number: 20139824

Georgia MLS

APN: 18-037-18-057