4618 Ridge Drive

Sold 4/14/17
Sold 4/14/17
Gallery Image 1
Sold
Last Sold Price
$719,000
4618 Ridge Dr, Pine Lake, GA 30072
Multi FamilyProperty Type
0.2 acresLot Size
1972Year Built

Description

Hot on the market is this great income opportunity. Positioned in the Hot Community of Pine Lake is this 5 Building Complex with 4 units in each building total of 20 units. Each unit features 2BD/1Bath at various stages of rehab. This is a great value add opportunity for the right investor looking for multifamily units. Currently development is 60 percent occupied. This development is priced to move so arrange a private viewing today.Hot on the market is this great income opportunity. Positioned in the Hot Community of Pine Lake is this 5 Building Complex with 4 units in each building total of 20 units. Each unit features 2BD/1Bath at various stages of rehab. This is a great value add opportunity for the right investor looking for multifamily units. Currently development is 60 percent occupied. This development is priced to move so arrange a private viewing today.
  • Listed by: Joel Elliott • Compass
Listing closed: 04/14/2017 04:00 AM • Source: GAMLS, MLS#: 8136781

Recent comparable sales

Median sold price

$400,000

Avg days on market

65

Sale-to-list ratio

92.1%

Pine Lake, GA

9 comparable properties found

$68,000 | 4604 Park Drive, Pine Lake, GA 30072
1

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Bedrooms
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Square Feet
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Acres

4604 Park Drive, Pine Lake, GA 30072

a view of a yard with plants and trees
2

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Acres

605 Spruce Drive, Pine Lake, GA 30072

3

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Unavailable
Bedrooms
0.5
Bathrooms
5,400
Square Feet
Unavailable
Acres

404 Clubhouse Drive, Pine Lake, GA 30083

$540,000 | 4642 Orchid Drive, Pine Lake, GA 30072
4

$540,000

Sold 06/30/26

4
Bedrooms
2,268
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Acres

4642 Orchid Drive, Pine Lake, GA 30072

$405,000 | 4651 Dahlia Drive, Pine Lake, GA 30072
5

$405,000

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4
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4651 Dahlia Drive, Pine Lake, GA 30072

a front view of a house with garden
6

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Sold 05/02/25

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1,849
Square Feet
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Acres

621 Spruce Drive, Pine Lake, GA 30072

$405,900 | 4567 Poplar Road, Pine Lake, GA 30083
7

$405,900

Sold 12/30/24

3
Bedrooms
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Square Feet
0.16
Acres

4567 Poplar Road, Pine Lake, GA 30083

a backyard of a house with seating space
8

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Sold 12/19/24

4
Bedrooms
2,093
Square Feet
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Acres

4606 Orchid Drive, Pine Lake, GA 30072

$372,500 | 4616 Park Drive, Pine Lake, GA 30072
9

$372,500

Sold 05/01/25

1
Bedrooms
748
Square Feet
0.21
Acres

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Listing Courtesy of Compass, Joel Elliott

Sold By Compass, Joel Elliott

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Property Information for 4618 Ridge Drive

Property Details
  • Taxes: $3,389 / year
  • MLS Type: Residential Income / Multi Family (5+ Units)
  • County: DeKalb County
  • Subdivision: Spruce Ridge Apts
Building Information
  • Stories: 2
  • Residences: 20
  • Year Built: 1972
  • Lot Size: 0.20 AC / 8,712 SF
Summary
Location and General Information
  • Area: DKE2
  • Elementary School: Rockbridge
  • High School: Stone Mountain
  • Middle School: Stone Mountain
  • Directions: Please mapquest
Taxes and HOA
  • Parcel Number: 18 041 09 011
Owner
  • Owner Pays: Trash Collection, Sewer, Water
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
Property
Utilities
  • Cooling: Electric, Central Air
  • Heating Type: Natural Gas, Central
  • Water Source: Public
Property and Assessments
  • Tax Year: 1972
  • Construction: Brick
  • Stories: Two
  • Property Condition: Resale
Lot Information
  • Structure: Multi Family (5+ Units)
Multi Family
Multi-Family Information
  • Number Of Units Total: 20
Unit 1
  • Unit Type Description: RA1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $610.00
  • Unit Type Living Area: 899
  • Unit Type Features: Dishwasher, Range/Oven, Refrigerator, Living Room
  • Unit Type Type: 1
Unit 2
  • Unit Type Description: RA2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $600.00
  • Unit Type Living Area: 899
  • Unit Type Features: Dishwasher, Range/Oven, Refrigerator, Living Room
  • Unit Type Type: 2
Unit 3
  • Unit Type Description: RA3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $575.00
  • Unit Type Living Area: 899
  • Unit Type Features: Dishwasher, Range/Oven, Refrigerator, Living Room
  • Unit Type Type: 3
Unit 4
  • Unit Type Description: RA4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $654.00
  • Unit Type Living Area: 899
  • Unit Type Features: Dishwasher, Range/Oven, Refrigerator, Living Room
  • Unit Type Type: 4

Public Records for 4618 Ridge Drive

Taxable ValueLand$27,094Additions$123,426Total$150,520
Tax Record2025$13,039 ($1,087 / month)
Home Facts
Total Finished SqFt3,596 SqFtAbove Grade Finished SqFt3,596 SqFtStories2Lot Size7,841 SqFtStyleMulti-Family Res (5+ Units)Year Built1972Year Renovated1972ZoningXCountyDEKALBAPN18-041-09-011

Schools near 4618 Ridge Drive

This home is within Dekalb County School District.
Rating
School
Type
Grades
Distance
Rockbridge Elementary School
Public - PK to 5
Stone Mountain Middle School
Public - 6 to 8
Stone Mountain High School
Public - 9 to 12
Dekalb Alternative School
Public - 3 to 12
Rating
School
Distance
Rockbridge Elementary School
PublicPK to 5

Stone Mountain Middle School
Public6 to 8

Stone Mountain High School
Public9 to 12

Dekalb Alternative School
Public3 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4618 Ridge Drive, Pine Lake, GA 30072
$719,000
–
–
–
8,712
4626 Ridge Drive, Pine Lake, GA 30072
$719,000
–
–
–
8,712
4610 Ridge Drive, Pine Lake, GA 30072
$210,000
–
0.5
600
3,920
4623 Ridge Drive, Pine Lake, GA 30072
$164,000
3
1,523
–
4617 Ridge Drive, Pine Lake, GA 30072
$184,000
2
1
1,016
7,841
4630 Ridge Drive, Pine Lake, GA 30072
–
–
–
–
2,178

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Joel Elliott

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS, Tiftarea Board of Realtors.Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS, Tiftarea Board of Realtors is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.