$65,000
SOLD DEC 18, 2015

2078 Marbut Ln Lithonia, GA 30058

3 Beds
2 Baths
1,306 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

12% Below List Price

7 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Garage
  • Level Lot

About This Home

As of December 2015

This is a BEAUTIFUL recently occupied home that is GREAT for the savvy investor. This homes comes with a long term lease, good tenant, and GREAT INCOME potential. This home is located in the heart of the Lithonia area. The owner is motivated to sale this property quickly. All reasonable offers are welcome so submit them.

Last Agent to Sell the Property

Jamal Davis

HomeSmart License #359864 Listed on: 10/28/2015

HomeSmart

Last Buyer's Agent

Spencer Lindahl

NOT A VALID MEMBER License #350358

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $939

Year Built

  • Built in 1984

Lot Details

  • Level Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • 1,306 Sq Ft Home
  • Ranch Style House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Community Details

  • Welborn Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 40 / B
  • Assessor Parcel Number 16 091 02 189

Home Details

Home Type

Single Family

Est. Annual Taxes

$939

Year Built

Built in 1984

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: Resale
  • Year Built: 1984
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1306.00

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Garage/Parking

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Welborn Heights

Schools

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

Lot Info

  • Lot: 40
  • Land/Lot: 91
  • Lot Features: Level
  • Parcel Number: 16 091 02 189
  • Property Attached Yn: No

Tax Info

  • Taxes: 939.00
  • Assessor Parcel Number: 16-091-02-189
  • Close Date: 2015-12-18
  • Tax Year: 2014

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2018
Sold by
Mupr 3 Assets Llc
Bought by
Sfr Assets Owner Llc and C/O Main Street Renewal
Total Days on Market
7
Current Estimated Value
$237,443

Purchase Details

Listed on
Dec 8, 2015
Closed on
Jan 29, 2016
Sold by
Lhf 4 Assets Llc
Bought by
Mupr 3 Assets Llc
Seller's Agent
Christian Lamoureux
247 Property Management
Buyer's Agent
Jamal Davis
Dreamstone Property Management
List Price
$73,900
Sold Price
$65,000
Premium/Discount to List
-$8,900
-12.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%

Purchase Details

Listed on
Dec 8, 2015
Closed on
Dec 18, 2015
Sold by
Helga B Schmidt Llc
Bought by
Lhf 4 Assets Llc
Seller's Agent
Christian Lamoureux
247 Property Management
Buyer's Agent
Jamal Davis
Dreamstone Property Management
List Price
$73,900
Sold Price
$65,000
Premium/Discount to List
-$8,900
-12.04%

Purchase Details

Listed on
Feb 25, 2012
Closed on
Mar 30, 2012
Sold by
Brew Llc
Bought by
Helgab B Schmdit Llc
Seller's Agent
ANDY RITAN
Atlanta Property Management Group
Buyer's Agent
ANDY RITAN
Atlanta Property Management Group
Sold Price
$900

Purchase Details

Closed on
Nov 14, 1997
Sold by
Felder Sarita
Bought by
Singleton Jesse W and Singleton Vickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.26%
Mortgage Type
VA
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 $146,831 --
Warranty Deed -- --
Warranty Deed $65,000 --
Warranty Deed $56,000 --
Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $113,555 Stand Alone Second
Previous Owner $20,000 Credit Line Revolving
Previous Owner $78,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2015 12/31/15 Sold $65,000 0.0% $50 / Sq Ft
12/18/2015 12/18/15 Sold $65,000 -12.0% $50 / Sq Ft
12/08/2015 12/08/15 For Sale $73,900 0.0% $57 / Sq Ft
10/28/2015 10/28/15 For Sale $73,900 0.0% $57 / Sq Ft
07/22/2014 07/22/14 Rented $850 -5.6% --
06/22/2014 06/22/14 Under Contract -- -- --
04/02/2014 04/02/14 For Rent $900 0.0% --
02/25/2012 02/25/12 Rented $900 0.0% --
02/25/2012 02/25/12 For Rent $900 -- --
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 $4,683 $83,040 $15,000 $68,040
2022 $2,261 $43,600 $6,104 $37,496
2021 $2,261 $43,600 $6,104 $37,496
2020 $2,261 $43,600 $6,000 $37,600
2019 $2,096 $39,840 $6,000 $33,840
2018 $1,427 $32,320 $2,360 $29,960
2017 $1,589 $28,160 $2,360 $25,800
2016 $1,289 $25,320 $2,360 $22,960
2014 $939 $13,080 $2,320 $10,760
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jamal Davis

    HomeSmart

    (404) 932-2644

    6 Total Sales

    Jamal Davis
    Section Image
  • Christian Lamoureux

    Seller's Agent in 2015

    Christian Lamoureux

    247 Property Management

    (678) 792-0011

    4 Total Sales

    Christian Lamoureux
    Section Image

  • S

    Buyer's Agent in 2015

    Spencer Lindahl

    NOT A VALID MEMBER

    Section Image

  • A

    Seller's Agent in 2014

    ANDY RITAN

    Atlanta Property Management Group

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5612609

First Multiple Listing Service (FMLS)

APN: 16-091-02-189

Georgia DeKalb County Lithonia 30058

2078 Marbut Ln, Lithonia, GA

This home is located at 2078 Marbut Ln, Lithonia, GA 30058 and is currently priced at $65,000, approximately $49 per square foot. This property was built in 1984. 2078 Marbut Ln is a home located in DeKalb County with nearby schools including Redan Elementary School, Lithonia Middle School, and Lithonia High School.

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