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  • $104,999

    5374 Cherry Wood Dr, Stone Mountain, GA 30083

    2beds
    --sqft
    : 
    $772/mo
    Get pre-qualified
    Single Family Residence
    Built in 1986
    3,484 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    91 days
    |
    596
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey Ducreay 770-377-8857,

    eXp Realty

    Source: GAMLS,MLS#: 10758371MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Rooms
      • Room types: Other
      Heating
      • Central
      Cooling
      • None
      Appliances
      • Included: Other
      • Laundry: Other
      Features
      • Other
      • Flooring: Other
      • Basement: None
      • Has fireplace: No
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 0
      • Finished area above ground: 0
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: None
      Features
      • Levels: One
      • Stories: 1
      • Waterfront features: No Dock Or Boathouse
      • Body of water: None
      Lot
      • Size: 3,484 Square Feet
      • Features: None
      Details
      • Parcel number: 18 037 18 042

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Brick, Other
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Other

      Community & HOA

      Community
      • Features: None
      • Subdivision: Ridge Forest Ph 02b
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Stone Mountain

      Financial & listing details

      • Tax assessed value: $218,800
      • Annual tax amount: $4,980
      • Date on market: 5/6/2026
      • Cumulative days on market: 23 days
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,511/mo

        Price history

        DateEventPrice
        7/31/2026Listed for sale$104,999
        Source: GAMLS #10758371 Report a problem
        7/24/2026Pending sale$104,999
        Source: GAMLS #10758371 Report a problem
        7/19/2026Listed for sale$104,999
        Source: GAMLS #10758371 Report a problem
        6/19/2026Pending sale$104,999
        Source: GAMLS #10758371 Report a problem
        6/8/2026Listed for sale$104,999
        Source: GAMLS #10758371 Report a problem
        5/27/2026Contingent$104,999
        Source: eXp Realty #7765713 Report a problem
        5/13/2026Pending sale$104,999
        Source: GAMLS #10758371 Report a problem
        5/6/2026Listed for sale$104,9990%
        Source: FMLS GA #7765713 Report a problem
        5/5/2026Listing removed$105,000
        Source: FMLS GA #7739454 Report a problem
        4/30/2026Price change$105,000-4.5%
        Source: GAMLS #10715698 Report a problem
        4/24/2026Listed for sale$110,000
        Source: GAMLS #10715698 Report a problem
        4/18/2026Pending sale$110,000
        Source: GAMLS #10715698 Report a problem
        4/15/2026Price change$110,000-7.4%
        Source: GAMLS #10715698 Report a problem
        4/9/2026Price change$118,745-5%
        Source: GAMLS #10715698 Report a problem
        3/23/2026Listed for sale$125,000+47.2%
        Source: FMLS GA #7739454 Report a problem
        6/20/2020Listing removed$84,900
        Source: Atlanta Communities #6709075 Report a problem
        4/15/2020Listed for sale$84,900-4%
        Source: Atlanta Communities #8770942 Report a problem
        3/22/2019Sold$88,447+4.2%
        Source: FMLS GA #6510498 Report a problem
        2/28/2019Pending sale$84,900
        Source: Offerpad Brokerage, LLC #8532380 Report a problem
        2/28/2019Listed for sale$84,900+68.2%
        Source: Offerpad Brokerage, LLC #8532380 Report a problem
        2/4/2019Sold$50,480+273.9%
        Source: Public Record Report a problem
        2/10/2010Sold$13,500-9.4%
        Source: Public Record Report a problem
        1/9/2010Listed for sale$14,900-64.5%
        Source: NRT Atlanta #2796341 Report a problem
        11/23/2009Sold$42,000-36.7%
        Source: Public Record Report a problem
        10/8/1999Sold$66,400
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,980 +4.2%$87,520 +2.6%
        2024$4,781 +11.2%$85,280 +10.1%
        2023$4,298 +17.8%$77,440 +21.3%
        2022$3,649 +38.1%$63,840 +46.4%
        2021$2,642 +14.7%$43,600 +23.3%
        2020$2,303 -1.9%$35,360 -0.7%
        2019$2,347 +4.1%$35,600 +14.8%
        2018$2,256 +21.5%$31,000 +16.7%
        2017$1,856 +24.7%$26,560 +27.2%
        2016$1,489 $20,880 +11.3%
        2014$1,489 $18,760 +61.2%
        2013-- $11,640
        2012-- $11,640 +115.6%
        2011-- $5,400 -79.3%
        2010$1,450 +2.9%$26,040 -12%
        2009$1,409 -19.5%$29,600 -9.3%
        2008$1,751 -0.9%$32,640
        2007$1,767 $32,640
        2006$1,767 +4.8%$32,640 +0.5%
        2005$1,686 +0.2%$32,480
        2004$1,682 +6.7%$32,480 +7.4%
        2003$1,576 -0.6%$30,240
        2002$1,585 +76.3%$30,240 +20%
        2001$899 $25,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 30083

        Getting around

        23 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Stone Mountain
        • Middle: Stone Mountain
        • High: Stone Mountain

        Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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