NOT LISTED FOR SALE

1862 Wellwater Ln Unit 1 Lithonia, GA 30058

Estimated Value: $313,000 - $365,000

4 Beds
3 Baths
3,032 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $97,900 $32 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $2,371/month

47 Days on Market

Highlights

  • Bonus Room
  • Dining Room
  • Family Room
  • Living Room

About This Home

As of January 2016

Gem in the rough. This 4 bed 2.5 bath home has tons of space. Formal Living Room and Dining rooms. Kitchen open to the Family room. Large level backyard. Cozy family room with feature fireplace and access to backyard. Master suite with walk in closet and shower. 3 additional good size bedrooms and bathroom upstairs. Easy access to I-285, shopping and schools.

Last Listed By

Faye Nowlin

Charity 1st Realty Georgia License #209799 Listed on: 12/12/2015

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,949

Year Built

  • 1997

Lot Details

  • 0.3

Home Design

  • Slab Foundation

Interior Spaces

  • 3,032 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room

Listing and Financial Details

  • Legal Lot and Block 80 / 1

Property Details

Home Type

Other

Est. Annual Taxes

$5,949

Year Built

1997

Lot Details

0

Listing Details

  • District: 16
  • Section: 2
  • Special Features: None
  • Year Built: 1997

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1
  • Basement: Slab/None
  • Kitchen Equipment: Dishwasher
  • Interior Amenities: Entrance Foyer
  • Above Grade Finished Sq Ft: 3032

Exterior Features

  • Construction: Aluminum/Vinyl

Garage/Parking

  • Parking: 2 Car, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Central
  • Water/Sewer: Public Water, Sewer Connected

Schools

  • Elementary School: Redan / Dekalb / Dekalb County, GA
  • Middle School: Lithonia / Dekalb / Dekalb County, GA
  • High School: Lithonia / Dekalb / Dekalb County, GA

Lot Info

  • Lot Description: Cul De Sac
  • Lot Size: Less than 1/3 Acre
  • Land Lot: 92
  • Lot: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2021
Sold by
Arellano Martin Betancourt
Bought by
Cosme Martha Betancourt and Cosme Diana P
Total Days on Market
47
Current Estimated Value
$336,583

Purchase Details

Listed on
Dec 12, 2015
Closed on
Jan 29, 2016
Sold by
Federal National Mortgage Association
Bought by
Arellano Martin Betancourt
Seller's Agent
Faye Nowlin
Charity 1st Realty Georgia
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$99,900
Sold Price
$97,900
Premium/Discount to List
-$2,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.90%

Purchase Details

Closed on
Aug 20, 2015
Sold by
Nationstar Mtg Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 4, 2015
Sold by
Glover Janet
Bought by
Nationstar Mtg Llc

Purchase Details

Closed on
Jun 7, 2006
Sold by
Abn Amro Mortgage Group Inc
Bought by
Glover Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,646
Interest Rate
6.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2003
Sold by
Standard Fed Bk
Bought by
Hud

Purchase Details

Closed on
Feb 4, 2002
Sold by
Thomas Howard
Bought by
Liggins Robbin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,419
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 1998
Sold by
Oakvale Heights Dev Co Inc
Bought by
Acoy Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.07%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Cosme Martha Betancourt -- --
Arellano Martin Betancourt $97,900 --
Federal National Mortgage Association $166,898 --
Nationstar Mtg Llc $166,898 --
Glover Janet $170,900 --
Hud -- --
Standard Fed Bk $177,008 --
Liggins Robbin $167,000 --
Acoy Eric $127,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glover Janet $160,646
Previous Owner Liggins Robbin $164,419
Previous Owner Acoy Eric $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $97,900 0.0% $32 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/19/2016 01/19/16 Off Market $97,900 -- --
01/05/2016 01/05/16 For Sale $99,900 0.0% $33 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
12/12/2015 12/12/15 For Sale $99,900 -- $33 / Sq Ft
Source: Georgia MLS

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 $5,949 $118,240 $15,000 $103,240
2022 $5,399 $114,960 $15,000 $99,960
2021 $2,681 $86,800 $10,120 $76,680
2020 $2,316 $70,760 $10,120 $60,640
2019 $3,144 $63,600 $10,120 $53,480
2018 $2,337 $60,560 $10,120 $50,440
2017 $2,079 $39,152 $7,352 $31,800
2016 $2,598 $50,800 $10,120 $40,680
2014 $988 $29,920 $10,000 $19,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07562313

Georgia MLS

APN: 16-092-01-080