Address
5374 Cherry Wood Drive, Stone Mountain, GA
Price
$ 104,999
Property Attributes
  • MLS#10758371
  • TypeSingle Family
  • Listing Status Under Contract
  • CountyDeKalb
  • CityStone Mountain
  • NeighborhoodRidge Forest Ph 02b
  • Zip30083
  • StyleRanch
  • Year Built1986
  • Taxes$ 4980
  • Price$ 104,999
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size0.08 Acres
Data Source:
Georgia MLS (GAMLS)
Property Description

Unlock significant investment potential with this charming ranch-style home located at 5374 Cherry Wood Drive in Stone Mountain. Priced at an attractive $118,745 Cash or conventional only , this property offers an exceptional opportunity for real estate investors seeking a strong return. Boasting a desirable double master bedroom layout this residence is designed for comfortable living and easy maintenance, appealing to a wide range of prospective tenants or future homeowners.The classic brick front exterior provides excellent curb appeal, while the quiet neighborhood ensures a peaceful environment. Built in 1986, this single-level home eliminates the concerns of stairs, enhancing accessibility and broad appeal. A major advantage for investors is NO Homeowners Association (HOA), which translates to lower holding costs and greater flexibility in property management. With an estimated After Repair Value (ARV) of $175,000, this property presents a clear path to substantial equity growth.This affordable investment is strategically located in Stone Mountain, a community offering convenience and a steady rental market. The practical layout, combined with the low-maintenance features and NO HOA fees, makes this an ideal asset for your portfolio. Seize the opportunity to transform this solid foundation into a lucrative investment. This property is ready for its next chapter, promising both immediate value and long-term appreciation for the savvy investor.

Elementary School Middle School High School
Stone Mountain Elementary School Stone Mountain Middle School Stone Mountain High School
Price History
5/6/2026 Listed $104,999

General Features

Sewer Public Sewer
Heating Central
Cooling None
Utilities Other
Roof Composition
Appliances Other
Association Fee Includes None
Architectural Style Ranch
Construction Materials Brick,Other
Year Built 1986
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features No Dock Or Boathouse
Community Features None
County DeKalb
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Ridge Forest Ph 02b
Garage Y/N false
Full Baths 2
Status Under Contract
Directions Please use gps
High School Stone Mountain
City Stone Mountain
Body of Water None
Lot Size Units Square Feet
Lot Size Square Feet 3484.8
Carport Y/N false
Elementary School Stone Mountain
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 4980
Home Warranty Y/N false
Middle/Junior High School Stone Mountain
Property Condition Resale
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending

Interior Features

Interior Amenities Other
Basement None
Flooring Other
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Other
Total Bedrooms 2
Main Level Bedrooms 2
Main Level Bathrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Public Records
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Parking Features None
Lot Features None
Water Source Public
Lot Size Area 3484.8
Lot Size Acres 0.08
Lot Size Source Public Records
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 30083

Price
AVG $290K
$100K
Taxes
AVG $4,170
$4,980
Year Built
AVG 1976
1986

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