6880 Shadow Ridge Ln Stone Mountain, GA 30087

4 beds · 2 baths · 2,576 sq ft · Lot Size: 10,890 sq ft · Single Family Home
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6880 Shadow Ridge Ln is in the 30087 neighborhood of Stone Mountain, GA. It is located in DeKalb County and ZIP code 30087. This Single Family Home was built in 1989 and is approximately 36 years old. The single family home spans 2576 sq ft with 4 bedrooms and 2 bathrooms and sits on a 10890 sq ft lot. According to public records, it was last sold in 1991 for $145,000. Analyze and compare real estate investment strategies for properties like this home at 6880 Shadow Ridge Ln Stone Mountain, GA 30087 with Property Intel by Whitepages.

Investment Potential for 6880 Shadow Ridge Ln

The property has a current estimated value of $387,313, which is 4% below the zip median, based on public records. It last sold on September 30, 1991 for $145K. Projected long-term
is $27,000 annually ($2,250 per month) with a 96% occupancy rate.

Long-Term

Gross Rental
$27,000 per year($2,250 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 30087 zip code
 
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Owners & Occupancy for 6880 Shadow Ridge Ln

This property is owned by Leslie A Abraham. Owner contact information includes 6 phone numbers and 3 email addresses.

Property Owners

Cell Phone(770) ***-****
Residence******************
Landline(770) 879-9658+ 3 more
Distance from Property**********
Email Address*************@yahoo.com
Cell Phone(770) ***-****
Residence******************
Landline(770) 879-9658+ 2 more
Distance from Property**********

Property Ownership Information

Purchase DateSeptember 30, 1991
Property Tax Amount$6,084 in 2023
Purchase Price$145,000

Occupancy

Resident 1*************** age 43
Resident 2************************ age 45

Property Details for 6880 Shadow Ridge Ln

Property Details

Property Sq Ft

Living Area

2,576 sq ft

Compare to 30087

Lot Size

10,890 sq ft

Compare to 30087

Price Per Sq Ft

Living Area

$150 / sq ft

Compare to 30087

Lot Size Area

$36 / sq ft

Compare to 30087
Property condition, age, exterior, etc. for 6880 Shado…
Longitude: -84.107264 Latitude: 33.783864 Parcel Number (APN): 18-025-01-179…
Mortgage originated on through lender: Sun America Mtg Corp for$******View Mortgage Details
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Market Benchmarks

Compare data for 6880 Shadow Ridge Ln in DeKalb County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$387,313
$434,833
-$47,520 (-11%)
$623,027
-$89,654 (-14%)
YoY Price Change
1.39%
116%
Year Built
1989
2001
-12 years
Living Space
2,576 sq ft
2,821 sq ft
-245 (-9%)
$ Per Living Sq Ft
$150
$162
-$12 (-7%)
Lot Size
10,890 sq ft
16,483 sq ft
-5593 (-34%)
$ Per Lot Sq Ft
$36
$33
$3 (9%)

Net Operating Income
$18,274
-$3,784 (-21%)
Annual Revenue
$27,000
$28,200
-$1,200 (-4%)
$9,565
$2,945 (31%)
Net Operating Income
$18,274
-$3,784 (-21%)
Cap Rate
4.31%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians