NOT LISTED FOR SALE

5313 Ridge Forest Dr Stone Mountain, GA 30083

Estimated Value: $266,000 - $306,000

4 Beds
4 Baths
2,160 Sq Ft
$134/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $164,000 $76 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,001/month

Highlights

  • Security Service
  • Central Heating
  • Level Lot
  • Brick Front

About This Home

As of March 2019

Investors special. Both units are 2b2.5b. Separately metered for electric, gas and water. Unit of 5315 Ridge Forest Drive will be available at the end of Feb. Please do not disturb 5315 tenants. Unit of 5313 Ridge Forest Drive in the same building, similar layout, vacant and can be viewed. Recently renovated. Room for growth. This duplex is priced to sell. Come quick.

Last Agent to Sell the Property

Xuan Zheng

Real Broker, LLC. License #369076 Listed on: 02/23/2019

Real Broker, LLC.

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2-Story Property

Parking

  • 2 Parking Spaces
  • Varies By Unit
  • Driveway Level
  • Paved Parking

Schools

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

Utilities

  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 18 037 18 055

Community Details

Overview

  • 2 Units
  • Ridgemere Subdivision

Security

  • Security Service

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,404

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
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Service
  • Heating: Central, Electric, 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
  • Lot Features: Level
  • Parcel Number: 18 037 18 055
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

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

Tax Info

  • Taxes: 2404.00
  • Assessor Parcel Number: 18-037-18-055
  • Close Date: 2019-03-08
  • Tax Year: 2017

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
Feb 23, 2019
Closed on
Mar 8, 2019
Sold by
Long River Investments Inc
Bought by
Niko Llc
Seller's Agent
Xuan Zheng
Real Broker, LLC.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$160,000
Sold Price
$164,000
Premium/Discount to List
$4,000
2.5%
Current Estimated Value
$289,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,196
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
Jul 15, 2009
Sold by
Indymac Indx 2006-Ar39
Bought by
Long River Investments Inc

Purchase Details

Closed on
Oct 7, 2008
Sold by
Butler Angela
Bought by
Deutsche Bk Natl 2006-Ar39

Purchase Details

Closed on
Jul 18, 2005
Sold by
Karam Ratib A
Bought by
Jessie Luther T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
7.25%
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
Niko Llc $164,000 --
Long River Investments Inc $46,000 --
Deutsche Bk Natl 2006-Ar39 $97,500 --
Jessie Luther T $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jessie Luther T $114,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $164,000 +2.5% $76 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
02/23/2019 02/23/19 For Sale $160,000 -- $74 / 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 $5,611 $95,240 $26,000 $69,240
2023 $5,611 $89,480 $26,000 $63,480
2022 $5,448 $93,200 $12,800 $80,400
2021 $3,952 $63,160 $12,800 $50,360
2020 $3,730 $56,000 $12,800 $43,200
2019 $3,352 $48,560 $12,800 $35,760
2018 $2,576 $45,520 $8,480 $37,040
2017 $2,404 $33,120 $8,480 $24,640
2016 $2,091 $27,560 $8,480 $19,080
2014 $1,275 $14,120 $8,480 $5,640
Source: Public Records

Agents Affiliated with this Home

  • Xuan Zheng

    Seller's Agent in 2019

    Xuan Zheng

    Real Broker, LLC.

    (270) 227-5038

    223 Total Sales

    Xuan Zheng
    Section Image

  • N

    Buyer's Agent in 2019

    NON-MLS NMLS

    Non FMLS Member

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6509770

First Multiple Listing Service (FMLS)

APN: 18-037-18-055

Georgia DeKalb County Stone Mountain 30083

5313 Ridge Forest Dr, Stone Mountain, GA

This home is located at 5313 Ridge Forest Dr, Stone Mountain, GA 30083 since 23 February 2019 and is currently estimated at $289,196, approximately $133 per square foot. This property was built in 1986. 5313 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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