NOT LISTED FOR SALE

586 Ridge Ave SW Mableton, GA 30126

Estimated Value: $220,000 - $255,860

3 Beds
3 Baths
1,340 Sq Ft
$179/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $190,000 $142 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,503/month

9 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of December 2022

Great 3 bedroom/2 bath home in Mableton. Great investment opportunity or primary residence in great school districts with easy access to major employers and interstates. Large lot with beautiful front and backyard and plenty of parking. Huge family room with gas fireplace and large bedrooms. The vacant lot behind 586 Ridge will convey with the sale of the property. Parcel ID of the vacant lot is 17010800440.

Last Agent to Sell the Property

Anthony Fontana

Cornerstone Real Estate Partners License #395599 Listed on: 09/26/2022

Last Buyer's Agent

Darlena Kinnett

Lifestyles Realty Georgia, Inc License #295793

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,665

Year Built

  • Built in 1986

Lot Details

  • 0.51

Home Design

  • House
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Clay Elementary School
  • Lindley Middle School
  • Pebblebrook High School

Additional Features

  • 1-Story Property
  • 0.51 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Glore Subdivision

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,665

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 17TH
  • Section: 2ND
  • Year Built: 1986
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .51
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 372549

Exterior Features

  • Construction Materials: Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Clay
  • High School: Pebblebrook
  • Middle School: Lindley
  • Elementary School: Clay
  • Middle School: Lindley
  • High School: Pebblebrook

Lot Info

  • Land Lot: 108
  • Lot: 1

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1665

Multi Family

  • GrossIncome: 14340
  • NumberOfUnitsTotal: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Promise Keeper Investments Llc
Bought by
King Shawn
Current Estimated Value
$239,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Outstanding Balance
$250,248
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$23,063

Purchase Details

Listed on
Sep 26, 2022
Closed on
Dec 8, 2022
Sold by
Two Owls Properties Llc
Bought by
Promise Keeper Investments Llc
Seller's Agent
Anthony Fontana
Cornerstone Real Estate Partners
Buyer's Agent
Darlena Kinnett
Lifestyles Realty Georgia, Inc
List Price
$205,000
Sold Price
$190,000
Premium/Discount to List
-$15,000
-7.32%
Views
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
6.57%
Original Mortgage
$239,970
Interest Rate
7.08%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 11, 2016
Sold by
Squires Matthew
Bought by
Two Owl Properties Llc

Purchase Details

Listed on
Nov 5, 2014
Closed on
Dec 15, 2014
Sold by
Hedspeth Roger D
Bought by
Squires Matthew and Squires Jeffry
Seller's Agent
John Zercher
Keller Williams Realty West Atlanta
Buyer's Agent
John Zercher
Keller Williams Realty West Atlanta
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$75,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2012
Closed on
Jun 6, 2012
Sold by
Hawkins Margaret A
Bought by
Hawkins Margaret A and Hedspeth Roger D
Seller's Agent
Maynard White
HomeSmart
Buyer's Agent
Maynard White
HomeSmart
Sold Price
$850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
3.86%
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
King Shawn -- Contemporary Title
Promise Keeper Investments Llc $190,000 --
Two Owl Properties Llc -- --
Squires Matthew $100,000 --
Hawkins Margaret A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Shawn $256,000
Previous Owner Promise Keeper Investments Llc $239,970
Previous Owner Squires Matthew $75,000
Previous Owner Hawkins Margaret A $96,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2022 12/08/22 Sold $190,000 -7.3% $142 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $205,000 +105.0% $153 / Sq Ft
12/15/2014 12/15/14 Sold $100,000 0.0% $75 / Sq Ft
11/08/2014 11/08/14 Pending -- -- --
11/05/2014 11/05/14 For Sale $100,000 0.0% $75 / Sq Ft
07/01/2012 07/01/12 Rented $850 -5.6% --
06/01/2012 06/01/12 Under Contract -- -- --
04/12/2012 04/12/12 For Rent $900 -- --
Source: Georgia MLS

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 $2,806 $93,056 $20,000 $73,056
2023 $2,207 $73,200 $20,000 $53,200
2022 $2,662 $87,716 $14,000 $73,716
2021 $1,665 $54,856 $12,000 $42,856
2020 $1,665 $54,856 $12,000 $42,856
2019 $1,648 $54,304 $10,000 $44,304
2018 $1,347 $44,392 $10,000 $34,392
2017 $973 $33,860 $4,800 $29,060
2016 $730 $25,380 $4,680 $20,700
2015 $748 $25,380 $4,680 $20,700
2014 $594 $19,984 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10095463

Georgia MLS

APN: 17-0108-0-042-0