NOT LISTED FOR SALE

5386 Ridgemere Ct Stone Mountain, GA 30083

Estimated Value: $289,000 - $336,294

4 Beds
6 Baths
2,400 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2020

Last sale price $190,000 $79 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,061 / mo

26 Days on Market

Highlights

  • Accessible Electrical and Environmental Controls
  • Brick Front
  • Level Lot
  • Kitchen Appliances
  • Central Heating and Cooling System

About This Home

As of January 2020

Hard to find opportunity for savvy Investor! Great cash flow! Gross income $21000 annually! Or you can live on one unit and collect rent for the other unit! 5388 Unit was newly remodeled; whole house hardwood floor; new paint. 5386 with long term tenant. Please do not disturb 5386 tenant; fence backyard, walking distance to park and bus stop. Tenants are lining up to apply 5388 unit with $950 rent. No problem finding tenants.

Last Agent to Sell the Property

Zheng Lee

Best Realty Specialists, Inc. License #299754 Listed on: 10/09/2019

Last Buyer's Agent

Lina Holmes

Atlanta North Homes Realty, Inc. License #371625

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 1986

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 101 x 55
  • Back Yard Fenced
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2-Story Property

Parking

  • 4 Parking Spaces
  • Driveway

Accessible Home Design

  • Kitchen Appliances
  • Accessible Electrical and Environmental Controls

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Ridgemere Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18 037 18 125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,700

Year Built

Built in 1986

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1986
  • Accessibility Features: Accessible Electrical and Environmental Controls, Accessible Kitchen Appliances
  • 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
  • Fencing: Back Yard

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Ridgemere

Lot Info

  • Acres: 0.1000
  • Lot Features: Level
  • Lot Dimensions: 101 x 55
  • Parcel Number: 18 037 18 125
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2700.00
  • Tax Year: 2017

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

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Jan 15, 2020
Sold by
Duplex Stone Llc
Bought by
Hamilton Tiffany Shantel
Seller's Agent
Zheng Lee
Best Realty Specialists, Inc.
Buyer's Agent
Lina Holmes
Atlanta North Homes Realty, Inc.
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Current Estimated Value
$302,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,824
Avg. Annual Appreciation
7.68%
Original Mortgage
$190,000
Outstanding Balance
$167,840
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$134,984

Purchase Details

Listed on
Nov 18, 2011
Closed on
Jan 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Duplex Stone Llc
Seller's Agent
JOHN N HABIBI
NOT A VALID MEMBER
Buyer's Agent
Steve Bighouse
Chapman Hall Realty
List Price
$24,900
Sold Price
$30,000
Premium/Discount to List
$5,100
20.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.06%

Purchase Details

Closed on
Jan 4, 2011
Sold by
Gonsalves-Carvalha Antino
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Jun 22, 2007
Sold by
Olaniyi Fola
Bought by
Gonsalves-Carvalha Antino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,800
Interest Rate
7.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2005
Sold by
Igietseme Joseph
Bought by
Olaniyi Fola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 1999
Sold by
James Arnold R
Bought by
Igiestseme Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
7.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 26, 1999
Sold by
James Fiona L
Bought by
James Arnold R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
7.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hamilton Tiffany Shantel $190,000 --
Duplex Stone Llc $30,000 --
Federal Natl Mtg Assn Fnma $139,679 --
Gonsalves-Carvalha Antino $164,000 --
Olaniyi Fola $145,000 --
Igiestseme Joseph -- --
James Arnold R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Tiffany Shantel $190,000
Previous Owner Gonsalves-Carvalha Antino $155,800
Previous Owner Olaniyi Fola $130,500
Previous Owner Igiestseme Joseph $100,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2020 01/15/20 Sold $190,000 -2.6% $79 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $195,000 0.0% $81 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $195,000 +550.0% $81 / Sq Ft
01/27/2012 01/27/12 Sold $30,000 +20.5% $13 / Sq Ft View Prior Sale
01/12/2012 01/12/12 Pending -- -- --
11/18/2011 11/18/11 For Sale $24,900 -- $10 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $5,459 $127,360 $26,000 $101,360
2024 $5,241 $120,240 $26,000 $94,240
2023 $5,241 $112,200 $26,000 $86,200
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2020

    Zheng Lee

    Best Realty Specialists, Inc.

    (404) 509-5275

    2 Total Sales

    Zheng Lee
    Section Image
  • Lina Holmes

    Buyer's Agent in 2020

    Lina Holmes

    Atlanta North Homes Realty, Inc.

    (470) 629-2946

    41 Total Sales

    Lina Holmes
    Section Image

  • J

    Seller's Agent in 2012

    JOHN N HABIBI

    NOT A VALID MEMBER

  • Steve Bighouse

    Seller Co-Listing Agent in 2012

    Steve Bighouse

    Chapman Hall Realty

    (678) 313-1444

    12 Total Sales

    Steve Bighouse
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6629802

First Multiple Listing Service (FMLS)

APN: 18-037-18-125

Georgia DeKalb County Stone Mountain 30083

5386 Ridgemere Ct, Stone Mountain, GA

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