NOT LISTED FOR SALE

5392 - 5394 Ridgemere Ct Stone Mountain, GA 30083

Stone Mountain Neighborhood

Estimated Value: $303,000 - $340,000

4 Beds
4 Baths
-- Sq Ft
0.33 Acres

Last Sold July 22, 2022

Last sale price $305,000

Est. 5% increase in value since last sale

Current estimated payment $2,313/month

22 Days on Market

Highlights

  • Property is walking distance to MARTA
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Private Lot
  • Three Sided Brick Exterior Elevation
  • Ceiling Fan

About This Home

As of July 2022

CALLING ALL SAVVY INVESTORS LOOKING FOR IMMEDIATE CASH FLOW! Well maintained duplex with tenants already in place. 2 Townhouse Units, both 2 bedroom, 2 full bathrooms and a half bathroom on the main. First floor of each unit features great room/family room with a fireplace, kitchen and half-bath. Upstairs features 2 roommate floor plan bedrooms each with a full bathroom. Washer/dryer connections as well. Please do not approach the property or disturb tenants.

Last Agent to Sell the Property

Bob Clarkson

Century 21 Connect Realty License #352804 Listed on: 06/10/2022

Century 21 Connect Realty

Last Buyer's Agent

Eyob Teklu

BHGRE Metro Brokers License #370947

BHGRE Metro Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,329

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Private Lot
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • Driveway Level
  • Paved Parking
  • Parking Lot

Location

  • Property is walking distance to MARTA
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Ridgemere Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18 037 18 126

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,329

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 18-037-18-126
  • 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

  • Flooring: Carpet, Hardwood, Laminate
  • Window Features: None

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition, Shingle

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Driveway, Level Driveway, Parking Lot, Paved

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Marta, Near Shopping, Street Lights
  • Subdivision Complex: Ridgemere

Schools

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

Lot Info

  • Acres: 0.3300
  • Deed Book: 25865
  • Deed Page: 61
  • Lot Features: Corner Lot, Private
  • Parcel Number: 18 037 18 126
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

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

Tax Info

  • Taxes: 4329.00
  • Assessor Parcel Number: 18-037-18-126
  • Close Date: 2022-07-22
  • Tax Year: 2021

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
Jun 10, 2022
Closed on
Jul 22, 2022
Sold by
Balkew Belante Degafe
Bought by
Measho Habtezghi Haile and Tesfayohannes Tibletz D
Seller's Agent
Bob Clarkson
Century 21 Connect Realty
Buyer's Agent
Eyob Teklu
BHGRE Metro Brokers
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Current Estimated Value
$319,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,845
Avg. Annual Appreciation
0.42%

Purchase Details

Closed on
Jun 22, 2017
Sold by
Washington Paula
Bought by
Balkew Belanta Degafe and Ayalew Workineh Yaltayework

Purchase Details

Closed on
Oct 14, 2016
Sold by
First Parkridge Llc
Bought by
Washington Paula

Purchase Details

Closed on
Sep 23, 2014
Sold by
Majumdar Subroto
Bought by
First Parkridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2014
Sold by
Rakour Enterprise Inc
Bought by
Majumdar Subroto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
4.15%
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
Measho Habtezghi Haile $305,000 --
Balkew Belanta Degafe $110,000 --
Washington Paula $105,000 --
First Parkridge Llc -- --
Majumdar Subroto $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Majumdar Subroto $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $305,000 +1.7% --
07/02/2022 07/02/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $300,000 0.0% --
06/15/2022 06/15/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $300,000 -- --
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
2023 $6,556 $105,240 $26,000 $79,240
2022 $5,925 $102,320 $12,800 $89,520
2021 $4,392 $71,400 $12,800 $58,600
2020 $4,097 $62,520 $12,800 $49,720
2019 $3,775 $55,960 $12,800 $43,160
2018 $2,661 $44,000 $8,160 $35,840
2017 $2,838 $39,360 $8,480 $30,880
2016 $2,538 $35,120 $8,480 $26,640
2014 $1,312 $14,760 $8,480 $6,280
Source: Public Records

Agents Affiliated with this Home

  • Bob Clarkson

    Seller's Agent in 2022

    Bob Clarkson

    Century 21 Connect Realty

    (404) 901-1670

    3 in this area

    270 Total Sales

    Section Image
  • Eyob Teklu

    Buyer's Agent in 2022

    Eyob Teklu

    Better Homes and Gardens Real Estate

    (605) 212-6092

    8 in this area

    24 Total Sales

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7062905

First Multiple Listing Service (FMLS)

APN: 18-037-18-126

Georgia DeKalb County Stone Mountain 30083 Stone Mountain

5392 - 5394 Ridgemere Ct, Stone Mountain, GA

This home is located at 5392 - 5394 Ridgemere Ct, Stone Mountain, GA 30083 since 10 June 2022 and is currently estimated at $324,238. This property was built in 1986. 5392 - 5394 Ridgemere Ct 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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