NOT LISTED FOR SALE

531 Fortune Ridge Rd Stone Mountain, GA 30087

Estimated Value: $307,000 - $370,000

4 Beds
2.5 Baths
2,454 Sq Ft
$134/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $157,000 $64 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,286/month

4 Days on Market

Highlights

  • Tennis Courts
  • Separate his and hers bathrooms
  • Private Lot
  • Open-Concept Dining Room
  • Clubhouse
  • Traditional Architecture

About This Home

As of March 2018

Well Maintained 4 bedroom, 2 & 1/2 bathroom house, all hard wood floor on the main level, new Furnace, and new Ac unit great subdivision with swimming pool. tennis court, play ground, and club house, walking distance to shopping center. Close to Stone mountain park, high way 78 and I-20.

Last Agent to Sell the Property

Kinfu Minassie

Chapman Hall Realty License #276722 Listed on: 02/05/2018

Chapman Hall Realty

Last Buyer's Agent

Eric Halverson

Real Broker, LLC. License #281085

Real Broker, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,092

Year Built

  • Built in 1988

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Private Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Wood Roof

Interior Spaces

  • 2,454 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Bookcases
  • Ceiling height of 9 feet on the main level
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Open-Concept Dining Room
  • Den
  • Sun or Florida Room
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate his and hers bathrooms
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall

Outdoor Features

  • Tennis Courts
  • Patio
  • Front Porch

Location

  • Property is near shops

Schools

  • Pine Ridge - Dekalb Elementary School
  • Stephenson Middle School
  • Stephenson High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 176 / A
  • Assessor Parcel Number 18 025 01 096

Community Details

Overview

  • Mountain Oaks Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,092

Year Built

Built in 1988

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1988
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator
  • Interior Amenities: Bookcases, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, Low-Flow Fixtures
  • Kitchen Features: Eat-in Kitchen, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room, Great Room - 1 Story, Living Room, Sun Room
  • Dining Room Features: Open Concept
  • Square Footage: 2454.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Roommate Floor Plan
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower, Vaulted Ceilings

Exterior Features

  • Roof Type: Wood
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch, Patio
  • Exterior Features: Tennis Court(s)

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Central Air
  • Heating: Heat Pump, Natural Gas
  • Laundry Features: In Hall, Laundry Room

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Near Shopping, Playground, Tennis Court(s)
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Mountain Oaks

Lot Info

  • Acres: 0.2000
  • Lot: 176
  • Plat Book: 90
  • Plat Page: 71
  • Lot Features: Private
  • Lot Dimensions: .21
  • Parcel Number: 18 025 01 096
  • Property Attached Yn: No

Tax Info

  • Taxes: 2092.00
  • Tax Year: 2017

MLS Schools

  • Elementary School: Pine Ridge - Dekalb
  • High School: Stephenson
  • Middle School: Stephenson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Mar 5, 2018
Sold by
Halverson Eric
Bought by
Cerberus Sfr Holdings Lp
Seller's Agent
Kinfu Minassie
Chapman Hall Realty
Buyer's Agent
Eric Halverson
Real Broker, LLC.
List Price
$159,900
Sold Price
$157,000
Premium/Discount to List
-$2,900
-1.81%
Current Estimated Value
$329,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,926
Avg. Annual Appreciation
9.98%

Purchase Details

Listed on
Feb 5, 2018
Closed on
Mar 1, 2018
Sold by
Tola Eremyis W
Bought by
Halverson Eric
Seller's Agent
Kinfu Minassie
Chapman Hall Realty
Buyer's Agent
Eric Halverson
Real Broker, LLC.
List Price
$159,900
Sold Price
$157,000
Premium/Discount to List
-$2,900
-1.81%

Purchase Details

Closed on
Aug 27, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tola Eremiys W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2009
Sold by
Chase Hm Fin Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 9, 2007
Sold by
Hill Rahman
Bought by
Scales Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2004
Sold by
Bank Of New York
Bought by
Hill Rahman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,920
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2004
Sold by
English Angelo N
Bought by
Bank Of Ny

Purchase Details

Closed on
Nov 25, 1998
Sold by
Maburn Gerald J-Etal
Bought by
English Angelon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.77%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cerberus Sfr Holdings Lp $183,000 --
Halverson Eric $157,000 --
Tola Eremiys W -- --
Federal Home Loan Mortgage Corporation -- --
Chase Hm Fin Llc $216,000 --
Scales Deanna $215,000 --
Hill Rahman $154,900 --
Bank Of Ny $126,405 --
English Angelon $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tola Eremiys W $64,000
Previous Owner Scales Deanna $215,000
Previous Owner Hill Rahman $123,920
Previous Owner English Angelon $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2018 03/01/18 Sold $157,000 -1.8% $64 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $159,900 -- $65 / 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
2025 $6,126 $129,920 $15,590 $114,330
2024 $6,202 $131,640 $16,360 $115,280
2023 $6,202 $130,880 $16,360 $114,520
2022 $3,759 $77,880 $16,355 $61,525
2021 $3,759 $77,880 $16,355 $61,525
2020 $3,759 $77,880 $16,360 $61,520
2019 $3,553 $73,200 $15,560 $57,640
2018 $1,898 $62,720 $16,360 $46,360
2017 $2,143 $60,840 $16,360 $44,480
2016 $1,801 $53,880 $16,360 $37,520
2014 $1,241 $37,720 $16,360 $21,360
Source: Public Records

Agents Affiliated with this Home

  • Kinfu Minassie

    Seller's Agent in 2018

    Kinfu Minassie

    Chapman Hall Realty

    (404) 819-0852

    2 in this area

    30 Total Sales

    Kinfu Minassie
    Section Image

  • E

    Buyer's Agent in 2018

    Eric Halverson

    Real Broker, LLC.

    (912) 222-0583

    62 Total Sales

    Eric Halverson
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5958413

First Multiple Listing Service (FMLS)

APN: 18-025-01-096

Georgia DeKalb County Stone Mountain 30087

531 Fortune Ridge Rd, Stone Mountain, GA

Not Listed for Sale

Detached

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