$56,000
SOLD AUG 13, 2018

1952 Marbut Forest Dr Lithonia, GA 30058

3 Beds
2 Baths
1,299 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

5% Below List Price

147 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Ceiling height of 9 feet on the main level
  • Property is walking distance to MARTA
  • Corner Lot
  • Laundry Room

About This Home

As of April 2025

Little more than an "Investor Special." Great opportunity for the savvy investor looking to build their rental portfolio. Home does need a complete rehab!! Great area. Established Neighborhood. Near to I-20, I-285, Panola Rd, Covington Hwy and Rt 124. Short distance to Stonecrest Mall and Stonecrest City Center. Approx 30 mins to Downtown Atlanta or Hartsfield Jackson International Airport. Don't miss out on the opportunity.

Last Agent to Sell the Property

DAVID MCCOY

Virtual Properties Realty.Net, LLC. License #344132 Listed on: 03/06/2018

Virtual Properties Realty.Net, LLC.

Last Buyer's Agent

Luis Hunte

NOT A VALID MEMBER License #370371

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 1986

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Sloped Lot

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Frame Construction
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,299 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Fireplace Features Masonry
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Location

  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

  • Marbut Elementary School
  • Redan Middle School
  • Lithonia High School

Utilities

  • Underground Utilities
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Deck

Community Details

  • Marbut Forest Phase 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16 059 01 041

Home Details

Home Type

Single Family

Est. Annual Taxes

$904

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Fixer Upper
  • Year Built: 1986
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room, Masonry
  • Number Of Fireplaces: 1
  • Interior Amenities: High Ceilings 9 ft Main
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Other
  • Square Footage: 1299.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Street Lights
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Marbut Forest Phase 02

Schools

  • Elementary School: Marbut
  • Middle School: Redan
  • High School: Lithonia

Lot Info

  • Acres: 0.2000
  • Deed Book: 13561
  • Deed Page: 427
  • Lot Features: Corner Lot, Sloped
  • Parcel Number: 16 059 01 041
  • Property Attached Yn: No

Tax Info

  • Taxes: 904.00
  • Assessor Parcel Number: 16-059-01-041
  • Close Date: 2018-08-13
  • Tax Year: 2016

MLS Schools

  • Elementary School: Marbut
  • High School: Lithonia
  • Middle School: Redan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2025
Closed on
Apr 29, 2025
Sold by
Willis Lashanda
Bought by
Hinton Rayshun Partae
Seller's Agent
Vj Fairley
Fairley Realty LLC
Buyer's Agent
Marcellus Pelton
Century 21 Results
List Price
$215,900
Sold Price
$215,900
Views
2
Current Estimated Value
$216,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$863
Avg. Annual Appreciation
0.13%
Original Mortgage
$205,900
Outstanding Balance
$205,537
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$10,434

Purchase Details

Listed on
Jan 18, 2019
Closed on
Mar 4, 2019
Sold by
Hunte Luis
Bought by
Willis Lashanda
Seller's Agent
Luis Hunte
NOT A VALID MEMBER
Buyer's Agent
Shayne McClain
NOT A VALID MEMBER
List Price
$146,900
Sold Price
$127,000
Premium/Discount to List
-$19,900
-13.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$116,585
Interest Rate
4.4%

Purchase Details

Listed on
Mar 6, 2018
Closed on
Aug 13, 2018
Sold by
Rcm Fund 1 Owner Llc
Bought by
Hunte Luis
Seller's Agent
DAVID MCCOY
Virtual Properties Realty.Net, LLC.
Buyer's Agent
Luis Hunte
NOT A VALID MEMBER
List Price
$58,900
Sold Price
$56,000
Premium/Discount to List
-$2,900
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
331.55%

Purchase Details

Closed on
Nov 7, 2017
Sold by
Rowe Dell M
Bought by
Rcm Fund 1 Owner Llc

Purchase Details

Closed on
Jul 26, 2002
Sold by
Rowe Leonard L
Bought by
Rowe Dell M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,902
Interest Rate
6.53%
Mortgage Type
FHA
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
Limited Warranty Deed $215,900 --
Warranty Deed $127,000 --
Warranty Deed $56,000 --
Foreclosure Deed $71,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $205,900 New Conventional
Previous Owner $114,500 VA
Previous Owner $116,585 No Value Available
Previous Owner $119,059 Stand Alone Second
Previous Owner $114,000 Stand Alone Second
Previous Owner $94,902 FHA
Previous Owner $66,471 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Sold $215,900 0.0% $151 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $215,900 +70.0% $151 / Sq Ft
03/04/2019 03/04/19 Sold $127,000 -13.5% $89 / Sq Ft
01/20/2019 01/20/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $146,900 +162.3% $103 / Sq Ft
08/13/2018 08/13/18 Sold $56,000 -4.9% $43 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $58,900 0.0% $45 / Sq Ft
07/07/2018 07/07/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $58,900 0.0% $45 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/12/2018 06/12/18 Price Changed $58,900 0.0% $45 / Sq Ft
06/12/2018 06/12/18 For Sale $58,900 +5.2% $45 / Sq Ft
06/08/2018 06/08/18 Off Market $56,000 -- --
05/31/2018 05/31/18 For Sale $59,900 +7.0% $46 / Sq Ft
05/18/2018 05/18/18 Off Market $56,000 -- --
05/09/2018 05/09/18 For Sale $59,900 +7.0% $46 / Sq Ft
04/28/2018 04/28/18 Off Market $56,000 -- --
03/28/2018 03/28/18 For Sale $59,900 +7.0% $46 / Sq Ft
03/23/2018 03/23/18 Off Market $56,000 -- --
03/06/2018 03/06/18 For Sale $59,900 -- $46 / 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 $2,331 $83,160 $6,000 $77,160
2022 $1,816 $70,120 $6,000 $64,120
2021 $1,452 $54,320 $6,000 $48,320
2020 $1,329 $48,800 $6,000 $42,800
2019 $1,324 $22,400 $3,320 $19,080
2018 $1,385 $36,360 $6,000 $30,360
2017 $978 $29,400 $3,040 $26,360
2016 $904 $27,880 $3,040 $24,840
2014 $789 $24,400 $3,040 $21,360
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2025

    Vj Fairley

    Fairley Realty LLC

  • M

    Buyer's Agent in 2025

    Marcellus Pelton

    Century 21 Results

  • L

    Seller's Agent in 2019

    Luis Hunte

    NOT A VALID MEMBER

  • S

    Buyer's Agent in 2019

    Shayne McClain

    NOT A VALID MEMBER

  • D

    Seller's Agent in 2018

    DAVID MCCOY

    Virtual Properties Realty

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5974035

First Multiple Listing Service (FMLS)

APN: 16-059-01-041

Georgia DeKalb County Lithonia 30058

1952 Marbut Forest Dr, Lithonia, GA

This home is located at 1952 Marbut Forest Dr, Lithonia, GA 30058 and is currently priced at $56,000, approximately $43 per square foot. This property was built in 1986. 1952 Marbut Forest Dr is a home located in DeKalb County with nearby schools including Panola Way Elementary School, Miller Grove Middle School, and Miller Grove High School.

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