6880 Shadow Ridge Ln Stone Mountain, GA 30087

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4 beds · 2 baths · 2,576 sq ft · Lot Size: 10,890 sq ft · Single Family Home
Est. Property Value: $393,935

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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 and has a tax-assessed value of $330,800, which is $153 per sq ft. 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.

6880 Shadow Ridge Ln

Stone Mountain, GA 30087

Neighborhood

Owners & Occupancy for 6880 Shadow Ridge Ln

This property is owned by Rosa L Abraham. Owner contact information includes 5 phone numbers.

Property Owners

Cell Phone(516) ***-****View Cell Phone
Residence******************
Landline(770) 465-2958
Distance from Property**********
Cell Phone(770) ***-****View Cell Phone
Residence******************
Landline(770) 465-2958
Distance from Property**********
Email Address*************@yahoo.comView Email

Occupancy

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

Property Financials for 6880 Shadow Ridge Ln

6880 Shadow Ridge Ln, Stone Mountain, GA has a mortgage from Sun America Mtg Corp (orig. June 03, 2008). The DeKalb county assessment for 2024 values it at $330,800, with annual taxes of $6,236.

Mortgage & Equity Information

Loan Amount$******
LenderSun America Mtg Corp
Origination DateJune 03, 2008
Interest Rate****%
Term2 Years
Rate TypeFixed
Est Balance$*
Due Date*************
Equity View Equity

Property Tax

Purchase DateSeptember 30, 1991
Property Tax Amount$6,236 in 2024
Purchase Price$145,000
Assessed Value$330,800 on 2024

Investment Potential for 6880 Shadow Ridge Ln

The property has a current estimated value of $393,935, which is 6% below the zip median, based on public records. It last sold on September 30, 1991 for $145K. Projected long-term
is $28,800 annually ($2,400 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$28,800 per year($2,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 30087 zip code
 
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Property Details for 6880 Shadow Ridge Ln

Property Details

Property Sq Ft

Living Area

2,576 sq ft

11% below market

Lot Size

10,890 sq ft

44% below market

Price Per Sq Ft

Living Area

$153 / sq ft

3% above market

Lot Size Area

$36 / sq ft

82% above market

Property condition, age, exterior, etc. for 6880 Shado…
Longitude: -84.107264 Latitude: 33.783864 Parcel Number (APN): 18-025-01-179…

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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
$393,935
$444,898
-$50,963 (-11%)
$602,447
-$153,199 (-25%)
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
$153
$158
-$5 (-3%)
Lot Size
10,890 sq ft
16,513 sq ft
-5623 (-34%)
$ Per Lot Sq Ft
$36
$29
$7 (24%)

Net Operating Income
$19,565
-$3,717 (-19%)
Annual Revenue
$28,800
$30,600
-$1,800 (-6%)
$11,313
$1,639 (14%)
Net Operating Income
$19,565
-$3,717 (-19%)
Cap Rate
4.75%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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