NOT LISTED FOR SALE

5355 Ridgemere Ct Stone Mountain, GA 30083

Stone Mountain Area

Estimated Value: $283,000 - $309,646

6 Beds
4 Baths
2,632 Sq Ft
$112/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2017

Last sale price $130,000 $49 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,190 / mo

72 Days on Market

About This Home

As of June 2017

Cash-Cow Opportunity! This investment property has 3 Bedrooms, 2.5 bath in each side and 3 sides brick! Steady rental income: $19,200 annually in this well-maintained duplex with over 10% cap rate! Both sides being rented, one with section 8. Very easy to manage, and owner can provide property management recommendation if needed. Each 2-story unit has a spacious family room w/fireplace, separate dinning room, cozy kitchen, powder room on main level, spacious bedrooms & private fenced backyard.

Last Agent to Sell the Property

Zheng Lee

Best Realty Specialists, Inc. License #299754 Listed on: 03/29/2017

Last Buyer's Agent

JANET A CORK

Chapman Hall Professionals

Chapman Hall Professionals

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1986

Lot Details

  • 14,375 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Composition Roof

Parking

  • 2 Parking Spaces
  • Varies By Unit

Schools

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

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Ridgemere Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18 037 18 111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,000

Year Built

Built in 1986

Lot Details

0.33 Acres

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
  • Fencing: Fenced

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Varies by Unit

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Ridgemere

Lot Info

  • Acres: 0.3300
  • Parcel Number: 18 037 18 111
  • Property Attached Yn: No

Tax Info

  • Taxes: 2000.00
  • Tax Year: 2016

Multi Family

  • Number Of Units Total: 2

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2018
Sold by
Periasamy Sundari
Bought by
Current Estimated Value
$299,775

Purchase Details

Listed on
Mar 29, 2017
Closed on
Jun 9, 2017
Sold by
Duplex Stone Llc
Bought by
Periasamy Sundari
Seller's Agent
Zheng Lee
Best Realty Specialists, Inc.
Buyer's Agent
JANET A CORK
Chapman Hall Professionals
List Price
$158,000
Sold Price
$130,000
Premium/Discount to List
-$28,000
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$92,250
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2011
Closed on
Feb 28, 2012
Sold by
Davis Justin L
Bought by
Duplex Stone Llc
Seller's Agent
Jules Harper
Keller Williams Realty Signature Partners
Buyer's Agent
Jules Harper
Keller Williams Realty Signature Partners
List Price
$30,000
Sold Price
$36,000
Premium/Discount to List
$6,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.53%

Purchase Details

Closed on
May 29, 2002
Sold by
Peoples Hugh
Bought by
Ellis Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 1998
Sold by
Crook Ann M
Bought by
Peoples Hugh

Purchase Details

Closed on
Apr 15, 1996
Sold by
Crook W Tony Ann M
Bought by
Jones Carmen
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Stone Mountain, GA

  • Connie Lindsay Real Estate Agent - HomeSmart

    Connie Lindsay

    HomeSmart

    (470) 588-4486

    13 Total Sales

    2 in Stone Mountain

    $310,000 Price Range

    Connie Lindsay
     Section Image
  • Alisha Lawton Real Estate Agent - LPT Realty

    Alisha Lawton

    LPT Realty

    (470) 348-8269

    44 Total Sales

    1 in Stone Mountain

    $300,000 Price

    Alisha Lawton
     Section Image
  • Tanzania Montgomery Real Estate Agent - Prestige Properties of Georgia

    Tanzania Montgomery

    Prestige Properties of Georgia

    (443) 432-2752

    111 Total Sales

    2 in Stone Mountain

    $281,000 Price Range

    Tanzania Montgomery
     Section Image
  • Michelle Vargas Real Estate Agent - Equitable Estates Realty, LLC.

    Michelle Vargas

    Equitable Estates Realty, LLC.

    (470) 480-1319

    35 Total Sales

    1 in Stone Mountain

    $164,000 Price

    Michelle Vargas
     Section Image
  • Dana Lyons Real Estate Agent - Keller Williams Buckhead

    Dana Lyons

    Keller Williams Buckhead

    (470) 588-4170

    129 Total Sales

    1 in Stone Mountain

    $250,000 Price

    Dana Lyons
     Section Image
  • Shanee Mayne Real Estate Agent - Watch Realty Co Gwinnett

    Shanee Mayne

    Watch Realty Co Gwinnett

    (667) 771-6883

    112 Total Sales

    4 in Stone Mountain

    $270K - $285K Price Range

    Shanee Mayne
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Periasamy Sundari $130,000 --
Duplex Stone Llc $36,000 --
Ellis Michael D $140,000 --
Peoples Hugh $127,500 --
Jones Carmen $27,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $92,250
Previous Owner Ellis Michael D $133,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2017 06/10/17 Pending -- -- --
06/09/2017 06/09/17 Sold $130,000 -17.7% $49 / Sq Ft
04/19/2017 04/19/17 For Sale $158,000 0.0% $60 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $158,000 +338.9% $60 / Sq Ft
02/28/2012 02/28/12 Sold $36,000 +20.0% $14 / Sq Ft View Prior Sale
02/11/2012 02/11/12 Pending -- -- --
12/07/2011 12/07/11 For Sale $30,000 -- $11 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,339 $107,320 $26,000 $81,320
2024 $6,231 $107,200 $26,000 $81,200
2023 $6,231 $102,560 $26,000 $76,560
2022 $5,944 $102,680 $12,800 $89,880
2021 $4,554 $74,440 $12,800 $61,640
2020 $4,117 $62,880 $12,800 $50,080
2019 $3,400 $49,400 $12,800 $36,600
2018 $2,218 $44,680 $8,480 $36,200
2017 $2,404 $33,120 $8,611 $24,509
2016 $2,420 $33,120 $8,611 $24,509
2014 $1,340 $15,240 $8,480 $6,760
Source: Public Records

Agents Affiliated with this Home

  • ZL

    Seller's Agent in 2017

    Zheng Lee

    Best Realty Specialists, Inc.

    (404) 509-5275

    3 Total Sales

    Zheng Lee
    Section Image
  • JANET A CORK Real Estate Agent - Chapman Hall Professionals

    Buyer's Agent in 2017

    JANET A CORK

    Chapman Hall Professionals

    (678) 414-3814

    1 Total Sale

    JANET A CORK
    Section Image
  • Jules Harper Real Estate Agent - Keller Williams Realty Signature Partners

    Seller's Agent in 2012

    Jules Harper

    Keller Williams Realty Signature Partners

    (770) 765-5005

    165 Total Sales

    Jules Harper
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5825648

First Multiple Listing Service (FMLS)

APN: 18-037-18-111

Georgia DeKalb County Stone Mountain 30083

5355 Ridgemere Ct, Stone Mountain, GA

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