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Gwinnett 30087
5111 Salem Drive
Listing Courtesy of: Bernice Rodriguez Liriano, STRONG TOWER REALTY INC
$145,000
● House - Off Market

5111 Salem Drive

Stone Mountain, GA 30087
bedrooms
3 Beds
bathrooms
0 Bath, 1 Half Bath
square feet
1,590 Ft²
$214,837
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Beautiful traditional home with Master on Main on a large level lot! Spacious and functional floor plan with breakfast area and open family room by the kitchen!
Unit Size
1,590 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$88
Property Type
House
Property Taxes
$55
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (FMLS #5951005)

Price History

Date / Event Date Event Price
Apr 20, 2018 Sold
Premium
Sold
Jan 12, 2018 Listed by STRONG TOWER REALTY INC $140,000
Listed by STRONG TOWER REALTY INC
May 8, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,265
  • Lot Size Frontage Feet: 1,280
  • Total Building Area: 2,022
  • Building Area: 2,022
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,022
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTHEIMER S D
  • Land Acres: 0000000580
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: L5 BB WESTHEIMER S/D

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050416

Zoning

  • Zoning: R100-SINGL

Geography

  • District: 1
  • Parcel: 6-024 -128
  • Block: B
  • Lot: 5
  • Municipality: COUNTY
  • Latitude: 33.7871
  • Longitude: -84.081

    Address

  • Full Address: 5111 Salem Dr
  • Address - House Number: 5111
  • Address - Street Name: Salem
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Stone Mountain
  • Carrier Code: C036
  • 4-Digit Zip Code: 4425
  • Zip Code: 30087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $87,014

    Appraisal Valuation

  • Standard Deviation: 0.1608
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 339,577
  • High Value: 394,202
  • Low Value: 284,952

    Market Valuation

  • Market Total Value: $292,700
  • Market Land Value: $50,000
  • Market Improvement Value: $242,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,080
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $97,080

    Exemptions

  • Senior Citizen Exemption : Yes
  • School/College Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 20, 2018
  • Current Sale Recording Date: Apr 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-009606
  • Previous Sale Recording Date: May 08, 2001
  • Previous Sale Contract Date: Apr 20, 2001
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gwinnett

Stats & Trends

Median Asking:

$429,000

Sale Price/ft²

$181

Above Asking

0.27%

Average Days on Market

63

Average Home Size

2520 ft²

Average Home Age

23.4 years

Currently For Sale

5851 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3443 Deshong Drive, Stone Mountain, GA, 30087

$1,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,414 ft²
3443 Deshong Drive, Stone Mountain, GA, 30087
Unit for rent at 6973 Kimberland Gardens Lane, Lithonia, GA, 30058

$2,000 /mo

  • 3 Beds
  • 2 Baths
6973 Kimberland Gardens Lane, Lithonia, GA, 30058

Rentals Near You

Click here to view more rentals in the neighborhood.
FMLS

Listed by: Bernice Rodriguez Liriano, STRONG TOWER REALTY INC
Last Updated: 3 years ago
Data Source: FMLS, MLS# 5951005
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2026 FMLS.

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Frequently Asked Questions

When was property at 5111 Salem Drive built and last sold?
The property at 5111 Salem Drive was built in 1987 and last sold on Apr 20, 2018 for $145,000.
How much is this home worth?
The estimated value of the home located at 5111 Salem Drive is $150,356.
What are some comparable homes to 5111 Salem Drive?
There are currently no comparable homes to 5111 Salem Drive.
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