$34,000
SOLD JUL 22, 2022

2213 Marbut Farms Trace Lithonia, GA 30058

0.2 Acre
$170,000 Price per Acre
8,712 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

15% Below List Price

92 Days on Market

About This Lot

As of February 2024

Slab remains. 2 story House was torn down because of fire.

Last Agent to Sell the Property

Jasmine Showers-Manning

HomeSmart License #163319 Listed on: 04/09/2022

HomeSmart

Last Buyer's Agent

Flor de Mari Montenegro

BHHS Georgia Properties License #376491

BHHS Georgia Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $316

Year Built

  • 1989

Lot Details

  • 8,712 Sq Ft Lot
  • Cul-De-Sac

Schools

  • Panola Way Elementary School
  • Lithonia Middle School
  • Lithonia High School

Community Details

  • No Home Owners Association
  • Marbut Farms Subdivision

Listing and Financial Details

  • Tax Lot 37

Property Details

Property Type

Land

Est. Annual Taxes

$316

Year Built

1989

Lot Details

0

Listing Details

  • Property Type: Land
  • District: 04
  • Financing Type: Cash
  • Lot Size Acres: 0.2
  • Other Sturctures: None
  • Property Sub-Type: Residential Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1989

Interior Features

  • Price Per Square Foot: 170000
  • Possible Use: Residential

Exterior Features

  • Lot Features: Cul-De-Sac, None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Panola Way
  • High School: Lithonia
  • High School Bus: Yes
  • Middle School: Lithonia
  • Middle School Bus: Yes
  • Elementary School: Panola Way
  • Middle School: Lithonia
  • High School: Lithonia

Lot Info

  • Lot: 37
  • Total Lots: 1
  • Plat Book: 8382
  • Plat Page: 712
  • CurrentUse: Subdivision

Tax Info

  • Year: 2021
  • Tax Annual Amount: 316.01

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Feb 20, 2024
Sold by
J & G Exterior Services
Bought by
Brown Willie and Brown Chun
Seller's Agent
Carlos Varón
Joygle Real Estate LLC
Buyer's Agent
Jermalli Graham
Atlanta Communities
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Total Days on Market
92
Views
396
Current Estimated Value
$299,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,600
Avg. Annual Appreciation
1.15%
Original Mortgage
$295,000
Outstanding Balance
$291,226
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$8,374

Purchase Details

Listed on
Nov 22, 2023
Closed on
Feb 6, 2024
Sold by
J & G Exterior Services
Bought by
Brown Willie and Brown Chun
Seller's Agent
Carlos Varón
Joygle Real Estate LLC
Buyer's Agent
Jermalli Graham
Atlanta Communities
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Views
396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Outstanding Balance
$291,226
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$8,374

Purchase Details

Listed on
Apr 9, 2022
Closed on
Jul 22, 2022
Sold by
Nelson Addie M
Bought by
J & G Exterior Svcs Inc
Seller's Agent
Jasmine Showers-Manning
HomeSmart
Buyer's Agent
Flor de Mari Montenegro
BHHS Georgia Properties
List Price
$39,900
Sold Price
$34,000
Premium/Discount to List
-$5,900
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
303.07%

Purchase Details

Closed on
Nov 10, 1994
Sold by
Mcdowell Curtis Gloria J
Bought by
Nelson Addie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,900
Interest Rate
11%
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 $295,000 --
Limited Warranty Deed $295,000 --
Warranty Deed $34,000 --
Deed $10,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,000 New Conventional
Previous Owner $181,400 New Conventional
Previous Owner $95,816 Stand Alone Second
Previous Owner $91,756 Stand Alone Refi Refinance Of Original Loan
Previous Owner $64,900 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $295,000 -1.7% $218 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
11/22/2023 11/22/23 For Sale $300,000 +782.4% $222 / Sq Ft
07/22/2022 07/22/22 Sold $34,000 +13.7% $25 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $29,900 -25.1% $22 / Sq Ft
05/08/2022 05/08/22 For Sale $39,900 0.0% $30 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $39,900 -- $30 / 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 $5,828 $15,000 $15,000 $0
2022 $629 $15,000 $15,000 $0
2021 $629 $7,200 $7,200 $0
2020 $629 $7,200 $7,200 $0
2019 $629 $7,200 $7,200 $0
2018 $1,088 $7,200 $7,200 $0
2017 $485 $3,280 $3,280 $0
2016 $458 $3,280 $3,280 $0
2014 $1,135 $24,000 $3,280 $20,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20032390

Georgia MLS

APN: 16-103-01-327