NOT LISTED FOR SALE

2042 Lown Farm Trail Lithonia, GA 30058

Estimated Value: $250,479 - $290,000

4 Beds
2.5 Baths
1,980 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $260,000 $131 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,530/month

4 Days on Market

Highlights

  • 1 Fireplace
  • Cul-De-Sac
  • Central Heating and Cooling System
  • No HOA
  • Laundry closet
  • Ceiling Fan

About This Home

As of July 2022

GREAT INVESTMENT OPPORTUNITY or Awesome start for a first time home buyer! Property is sold as is. This house is located at the end of a quiet cul-de-sac. It features 4 bedrooms with 3 bathrooms. Fenced in back yard. Bedrooms all located on upper level of home with master suite that features a large walk in closet.

Last Agent to Sell the Property

Damika Bermudez

eXp Realty License #389433 Listed on: 06/24/2022

eXp Realty

Last Buyer's Agent

Shacara Thomas

Rising Star Realty Group License #413554

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,923

Year Built

  • Built in 1991

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac

Parking

  • Garage

Interior Spaces

  • Multi-Level Property
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Great Oaks Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,923

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • ArchitecturalStyle: Other
  • Lower Level Half Bathrooms: 1
  • Financing Type: FHA
  • Levels: Multi/Split
  • Lot Size Acres: 0.3
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Oven/Range (Combo)
  • Bedrooms: 4
  • Basement: None
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Laminate, Other

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Other
  • Lot Features: Cul-De-Sac
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

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

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2923

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jul 22, 2022
Sold by
Price Johnnie Daren
Bought by
John Adekunle and John Bolanie
Seller's Agent
Damika Bermudez
eXp Realty
Buyer's Agent
Shacara Thomas
Rising Star Realty Group
List Price
$249,700
Sold Price
$260,000
Premium/Discount to List
$10,300
4.12%
Current Estimated Value
$272,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,870
Avg. Annual Appreciation
1.44%
Original Mortgage
$255,290
Outstanding Balance
$244,325
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$28,545

Purchase Details

Closed on
Dec 5, 2006
Sold by
Thatch Florence
Bought by
Price Johnnie D and Price Charlotte W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
John Adekunle $260,000 --
Price Johnnie D $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John Adekunle $255,290
Previous Owner Price Johnnie D $149,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $260,000 +4.1% $131 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $249,700 -- $126 / 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
2025 $1,126 $107,920 $15,000 $92,920
2024 $1,232 $103,920 $15,000 $88,920
2023 $1,232 $87,920 $15,000 $72,920
2022 $4,116 $85,920 $15,000 $70,920
2021 $3,268 $66,600 $8,000 $58,600
2020 $2,811 $56,200 $8,000 $48,200
2019 $2,753 $54,880 $8,000 $46,880
2018 $2,166 $48,000 $8,000 $40,000
2017 $2,135 $40,600 $3,720 $36,880
2016 $1,865 $34,400 $3,720 $30,680
2014 $1,598 $27,680 $3,720 $23,960
Source: Public Records

Agents Affiliated with this Home

  • Damika Bermudez

    Seller's Agent in 2022

    Damika Bermudez

    eXp Realty

    (678) 900-6299

    1 in this area

    37 Total Sales

    Damika Bermudez
    Section Image

  • S

    Buyer's Agent in 2022

    Shacara Thomas

    Rising Star Realty Group

    (770) 912-4934

    4 in this area

    43 Total Sales

    Shacara Thomas
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20049117

Georgia MLS

APN: 16-091-02-272

Georgia DeKalb County Lithonia 30058

2042 Lown Farm Trail, Lithonia, GA

Not Listed for Sale

Detached

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