NOT LISTED FOR SALE

5392 Ridgemere Ct Stone Mountain, GA 30083

Estimated Value: $281,000 - $318,576

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

Sale Details

Date Sold: July 22, 2022

Last sale price $305,000 $127 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,187 / mo

25 Days on Market

Highlights

  • Property is near public transit and shops
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • No HOA

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

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,329

Year Built

  • Built in 1986

Lot Details

  • 0.33

Parking

  • 4 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • 14,375 Sq Ft Lot
  • Property is near public transit and shops

Community Details

  • No Home Owners Association
  • 2 Units
  • Ridgemere Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,329

Year Built

Built in 1986

Lot Details

0.33 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1986
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .33
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Other
  • Property Condition: Resale

Garage/Parking

  • Parking Features: None
  • ParkingTotal: 4

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights, Walk To Public Transit, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

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

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4329

Multi Family

  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: Yes

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
Glenda Broker
Non-Mls Company
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Current Estimated Value
$302,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,606
Avg. Annual Appreciation
-0.23%

Purchase Details

Listed on
May 12, 2017
Closed on
Jun 22, 2017
Sold by
Washington Paula
Bought by
Balkew Belanta Degafe and Ayalew Workineh Yaltayework
Seller's Agent
Diamond Blackmon
Keller Williams Rlty, First Atlanta
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$123,900
Sold Price
$110,000
Premium/Discount to List
-$13,900
-11.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.23%

Purchase Details

Listed on
Sep 22, 2016
Closed on
Oct 14, 2016
Sold by
First Parkridge Llc
Bought by
Washington Paula
Seller's Agent
Danny Emmett
Keller Williams Realty Atl Partners
Buyer's Agent
Danny Emmett
Keller Williams Realty Atl Partners
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%

Purchase Details

Listed on
Apr 14, 2014
Closed on
Sep 23, 2014
Sold by
Majumdar Subroto
Bought by
First Parkridge Llc
Seller's Agent
Penny Brown
Orchard Brokerage LLC
Buyer's Agent
Danny Emmett
Keller Williams Realty Atl Partners
List Price
$89,900
Sold Price
$77,000
Premium/Discount to List
-$12,900
-14.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.25%
Original Mortgage
$55,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2014
Closed on
Sep 22, 2014
Sold by
Rakour Enterprise Inc
Bought by
Majumdar Subroto
Seller's Agent
Penny Brown
Orchard Brokerage LLC
Buyer's Agent
Danny Emmett
Keller Williams Realty Atl Partners
List Price
$89,900
Sold Price
$77,000
Premium/Discount to List
-$12,900
-14.35%

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:

--
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
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 List to Sale Price per Sq Ft Prior Sale
07/22/2022 07/22/22 Sold $305,000 +1.7% $127 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $300,000 0.0% $125 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $300,000 +172.7% $125 / Sq Ft
06/22/2017 06/22/17 Sold $110,000 -11.2% $46 / Sq Ft View Prior Sale
06/06/2017 06/06/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $123,900 +18.0% $52 / Sq Ft
10/14/2016 10/14/16 Sold $105,000 -12.5% $44 / Sq Ft View Prior Sale
09/30/2016 09/30/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $120,000 +55.8% $50 / Sq Ft
09/22/2014 09/22/14 Sold $77,000 -14.3% $32 / Sq Ft View Prior Sale
08/14/2014 08/14/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $89,900 -- $37 / Sq Ft
Source: Georgia MLS

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 $7,008 $120,000 $26,000 $94,000
2024 $6,556 $113,480 $26,000 $87,480
2023 $6,556 $105,240 $26,000 $79,240
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

    241 Total Sales

    Bob Clarkson
    Section Image
  • Glenda Broker

    Buyer's Agent in 2022

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
  • Diamond Blackmon

    Seller's Agent in 2017

    Diamond Blackmon

    Keller Williams Rlty, First Atlanta

    (404) 861-0660

    66 Total Sales

    Diamond Blackmon
    Section Image

  • N

    Buyer's Agent in 2017

    NON-MLS NMLS

    Non FMLS Member

  • Danny Emmett

    Seller's Agent in 2016

    Danny Emmett

    Keller Williams Realty Atl Partners

    (404) 771-8629

    1 in this area

    71 Total Sales

    Danny Emmett
    Section Image
  • Penny Brown

    Seller's Agent in 2014

    Penny Brown

    Orchard Brokerage LLC

    (678) 933-8326

    4 in this area

    29 Total Sales

    Penny Brown
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10058265

Georgia MLS

APN: 18-037-18-126

Georgia DeKalb County Stone Mountain 30083

5392 Ridgemere Ct, Stone Mountain, GA

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