$44,100
SOLD FEB 6, 2012

1040 Palmer Rd Lithonia, GA 30058

Lithonia Neighborhood
3 Beds
2.5 Baths
2,115 Sq Ft
0.3 Acres

Recently Sold

$21 Per Sq Ft

26% Below List Price

66 Days on Market

About This Home

As of June 2012

MUST SEE THIS WONDERFUL 3 BEDROOM 2.5 BATH HOME LOCATED IN THE GREYSTONE SUBDIVISION! THIS HOME OFFERS HARDWOOD FLOORS THROUGHOUT, A COZY FIREPLACE IN THE FAMILY ROOM, GREAT OPEN KITCHEN WITH BREAKFAST AREA, SEPARATE DINING, TREY CEILING IN MASTER BEDROOM, NICE DECK, AND A 2-CAR GARAGE!FANNIE MAE WILL ONLY ENTERTAIN OFFERS FROM ELIGIBLE BUYERS DURING 1ST LOOK.

Last Agent to Sell the Property

Jude Rasmus

Rasmus Real Estate Group, Inc. License #172211 Listed on: 11/18/2011

Last Buyer's Agent

ANDREW R DORR

NOT A VALID MEMBER License #107887

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,153

Year Built

1998

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1998
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher
  • Interior Amenities: Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Stain, Laminate Counters, Eat-in Kitchen, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2115.00

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Frame, Stone, Stucco
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: GREYSTONE

Schools

  • Elementary School: Chapel Hill - Dekalb
  • Middle School: Stephenson
  • High School: Stephenson

Lot Info

  • Lot: 5
  • Land/Lot: 162
  • Plat Book: 103
  • Plat Page: 88-89
  • Lot Features: Level
  • Parcel Number: 1040PALMERRD
  • Property Attached Yn: No

Tax Info

  • Taxes: 1553.00
  • Assessor Parcel Number: 16-162-05-031
  • Close Date: 2012-02-06
  • Tax Year: 2010

MLS Schools

  • Elementary School: Chapel Hill - Dekalb
  • High School: Stephenson
  • Middle School: Stephenson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2012
Closed on
Jun 26, 2012
Sold by
Get Property Llc
Bought by
Gordon Cindy
Seller's Agent
Trey Hunt
Keller Williams Realty Atl. Partners
Buyer's Agent
Trey Hunt
Keller Williams Realty Atl. Partners
List Price
$78,000
Sold Price
$78,000
Current Estimated Value
$313,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,175
Avg. Annual Appreciation
11.33%
Original Mortgage
$75,396
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 18, 2011
Closed on
Mar 8, 2012
Sold by
Jacobsen Peter
Bought by
Get Property Llc
Seller's Agent
Jude Rasmus
Rasmus Real Estate Group, Inc.
Buyer's Agent
ANDREW R DORR
NOT A VALID MEMBER
List Price
$59,900
Sold Price
$44,100
Premium/Discount to List
-$15,800
-26.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
331.53%
Original Mortgage
$51,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2011
Closed on
Feb 6, 2012
Sold by
Federal National Mortgage Association
Bought by
Jacobsen Peter
Seller's Agent
Jude Rasmus
Rasmus Real Estate Group, Inc.
Buyer's Agent
ANDREW R DORR
NOT A VALID MEMBER
List Price
$59,900
Sold Price
$44,100
Premium/Discount to List
-$15,800
-26.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2011
Sold by
Citimortgage Inc
Bought by
Federal Natl Mtg Assn Fnma
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $78,000 --
Warranty Deed -- --
Warranty Deed $44,100 --
Special Warranty Deed -- --
Foreclosure Deed $62,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,727 FHA
Closed $75,396 FHA
Previous Owner $51,000 New Conventional
Previous Owner $129,000 Stand Alone Second
Previous Owner $114,000 Stand Alone Second
Previous Owner $86,000 Stand Alone Second
Previous Owner $37,000 Stand Alone Second
Previous Owner $200,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2012 06/27/12 Sold $78,000 0.0% $37 / Sq Ft
05/28/2012 05/28/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $78,000 +76.9% $37 / Sq Ft
02/06/2012 02/06/12 Sold $44,100 -26.4% $21 / Sq Ft
01/23/2012 01/23/12 Pending -- -- --
11/18/2011 11/18/11 For Sale $59,900 -- $28 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,153 $114,280 $17,120 $97,160
2022 $2,642 $98,840 $14,240 $84,600
2021 $2,225 $80,760 $9,520 $71,240
2020 $1,987 $70,280 $9,520 $60,760
2019 $1,822 $63,560 $9,520 $54,040
2018 $1,608 $56,480 $9,520 $46,960
2017 $1,685 $56,040 $9,520 $46,520
2016 $1,630 $54,680 $9,520 $45,160
2014 $1,092 $32,440 $9,520 $22,920
Source: Public Records

Agents Affiliated with this Home

  • Trey Hunt

    Seller's Agent in 2012

    Trey Hunt

    Keller Williams Realty Atl. Partners

    (770) 712-5538

    1 in this area

    26 Total Sales

    Section Image
  • Jude Rasmus

    Seller's Agent in 2012

    Jude Rasmus

    Rasmus Real Estate Group, Inc.

    (470) 412-9357

    3 in this area

    714 Total Sales

    Section Image

  • A

    Buyer's Agent in 2012

    ANDREW R DORR

    NOT A VALID MEMBER

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 4297367

First Multiple Listing Service (FMLS)

APN: 16-162-05-031

Georgia DeKalb County Lithonia 30058 Lithonia

1040 Palmer Rd, Lithonia, GA

This home is located at 1040 Palmer Rd, Lithonia, GA 30058 and is currently priced at $44,100, approximately $20 per square foot. This property was built in 1998. 1040 Palmer Rd is a home located in DeKalb County with nearby schools including Princeton Elementary School, Stephenson Middle School, and Stephenson High School.

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