NOT LISTED FOR SALE

2005 Lown Farm Ln Lithonia, GA 30058

Estimated Value: $254,789 - $295,000

4 Beds
3 Baths
3,070 Sq Ft
$90/Sq Ft Est. Value

Last Sold January 24, 2014

Last sale price $72,990 $24 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $1,549/month

124 Days on Market

About This Home

As of January 2014

ONE OF A KIND CORNER LOT IN WELL SOUGHT AFTER GREAT OAKS SUBDIVISION. 1ST TIME BUYER DREAM HOUSE!! MAKE IT YOUR OWN!! DREAM MASTER WITH DOUBLE VANITY BATH!! EAT IN KITCHEN AND FINISHED BASEMENT!! LOTS OF SPACE INDOOR AND OUT!! JUST NEEDS A BUYER WITH A DESIGNER'S EYE!! HOME SOLD AS IS/NO PROPERTY DISCLOSURE!! INVESTORS DREAM!!

Last Listed By

Chynita Raines

Coldwell Banker Bullard Realty License #247682 Listed on: 07/03/2013

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $296

Year Built

  • 1991

Lot Details

  • 8,712

Interior Spaces

  • In-Law or Guest Suite
  • Dining Room
  • Fire and Smoke Detector

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Schools

  • Redan / Dekalb / Dekalb County Elementary School
  • Salem / Dekalb / Dekalb County Middle School
  • Lithonia / Dekalb / Dekalb County High School

Property Details

Home Type

Other

Est. Annual Taxes

$296

Year Built

1991

Lot Details

0

Listing Details

  • Accessibility: Other (See Remarks)
  • Special Features: 20
  • Year Built: 1991

Interior Features

  • Basement: Daylight, Finished Rooms, Full
  • Equipment: Smoke/Fire Alarm
  • Interior Amenities: Attic Expandable, Cable In Street, Ceilings 9 Ft Plus, Double Vanity, Garden Tub, Separate Shower, Tile Floors, Walk-in Closet
  • Laundry Location: Basement
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 1000
  • Total Finished Sq Ft: 3070
  • Kitchen / Breakfast: Breakfast Area, Pantry, Solid Surface Counters

Exterior Features

  • Construction: Stone/Frame
  • Exterior Features: Deck/Patio

Garage/Parking

  • Parking: 2 Car

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Electric
  • Heating: Central
  • Water/Sewer: Sewer Connected

Schools

  • Elementary School: Redan / Dekalb / Dekalb County, GA
  • Elementary Bus Line: Yes
  • High School: Lithonia / Dekalb / Dekalb County, GA
  • High School Bus: Yes
  • Middle School: Salem / Dekalb / Dekalb County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Corner, Sloping
  • Lot Size: 1/3 - 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2013
Closed on
Jan 24, 2014
Sold by
Freedom Mtg Corp
Bought by
Blair Herbert
Seller's Agent
Chynita Raines
Coldwell Banker Bullard Realty
Buyer's Agent
Chynita Raines
Coldwell Banker Bullard Realty
List Price
$64,900
Sold Price
$72,990
Premium/Discount to List
$8,090
12.47%
Total Days on Market
124
Current Estimated Value
$274,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,957
Avg. Annual Appreciation
12.98%
Original Mortgage
$71,667
Outstanding Balance
$55,712
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$234,774

Purchase Details

Closed on
Feb 5, 2013
Sold by
Freedom Mtg Corp
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Aug 20, 2007
Sold by
Glover Joseph
Bought by
Morris Arthur W and Morris Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2007
Sold by
Hud
Bought by
Glover Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
6.18%

Purchase Details

Closed on
Apr 5, 2005
Sold by
Wells Fargo Bk Na
Bought by
Hud

Purchase Details

Closed on
Dec 11, 2003
Sold by
Callender-Carter Sylvia
Bought by
Taylor David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,831
Interest Rate
5.81%
Mortgage Type
VA

Purchase Details

Closed on
Sep 3, 1996
Sold by
Powell Adrian L
Bought by
Callender Carte Sylvia

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
Blair Herbert $72,990 --
Federal National Mtg Associati -- --
Freedom Mtg Corp -- --
Morris Arthur W $150,000 --
Glover Joseph -- --
Hud -- --
Wells Fargo Bk Na $138,495 --
Taylor David $133,900 --
Callender Carte Sylvia $96,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Herbert $71,667
Previous Owner Morris Arthur W $150,000
Previous Owner Glover Joseph L $128,000
Previous Owner Glover Joseph $126,800
Previous Owner Taylor David $131,831
Previous Owner Callender-Carter Sylvia $100,409
Closed Callender Carte Sylvia $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2014 01/24/14 Sold $72,990 +12.5% $24 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $64,900 -- $21 / 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 $296 $87,560 $15,000 $72,560
2022 $245 $84,040 $15,000 $69,040
2021 $245 $65,600 $6,000 $59,600
2020 $245 $49,080 $6,000 $43,080
2019 $238 $48,360 $6,000 $42,360
2018 $234 $51,800 $3,880 $47,920
2017 $259 $44,440 $3,880 $40,560
2016 $241 $36,440 $3,880 $32,560
2014 $1,733 $31,360 $3,880 $27,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07121728

Georgia MLS

APN: 16-102-13-001