NOT LISTED FOR SALE

2384 Cragstone Ct Lithonia, GA 30058

Estimated Value: $268,000 - $280,000

4 Beds
6 Baths
2,320 Sq Ft
$118/Sq Ft Est. Value

Last Sold October 14, 2019

Last sale price $160,000 $69 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,937/month

10 Days on Market

Highlights

  • City View
  • Cul-De-Sac
  • Accessible Doors
  • Private Lot
  • Accessible Bedroom
  • Brick Front

About This Home

As of October 2019

Do not miss this GREAT Opportunity!! This income producing Duplex features an amazing Cap Rate and Great Return on your investment. Very low maintenance and long-term tenants already in place. It is located in a very quite and growing community, with access to Marta Station, Schools and Shopping. Both Units Feature 2 Bedrooms and 2.5 Baths. No HOA. This is a great investment opportunity for a first-time investor, a seasoned investor or someone interested in occupying one side and renting the other side. Call TODAY!!

Last Listed By

Jorge Montilla

EXP Realty, LLC. License #365592 Listed on: 09/14/2019

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1985

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 131 x 91
  • Cul-De-Sac
  • Private Lot
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Brick Front
  • Cedar

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • City Views

Parking

  • 6 Parking Spaces
  • Driveway Level
  • Parking Lot

Accessible Home Design

  • Accessible Bedroom
  • Accessible Doors

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Cragstone Court Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16 104 01 019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,884

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1985
  • Accessibility Features: Accessible Bedroom, Accessible Doors
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick Front, Cedar
  • Roof Type: Composition
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking Features: Driveway, Level Driveway, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air
  • Utilities: Cable Available, Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Subdivision Complex: Cragstone Court

Schools

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

Lot Info

  • Acres: 0.3000
  • Lot Features: Cul-De-Sac, Level, Private
  • Lot Dimensions: 131 x 91
  • Parcel Number: 16 104 01 019
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 1884.00
  • Assessor Parcel Number: 16-104-01-019
  • Close Date: 2019-10-14
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2019
Closed on
Oct 24, 2019
Sold by
Jilot Todd
Bought by
Charlie Troy Llc
Seller's Agent
Jorge Montilla
EXP Realty, LLC.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Total Days on Market
10
Current Estimated Value
$274,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,671
Avg. Annual Appreciation
10.11%

Purchase Details

Listed on
Sep 14, 2019
Closed on
Oct 14, 2019
Sold by
Montilla Jorge L
Bought by
Jilot Todd
Seller's Agent
Jorge Montilla
EXP Realty, LLC.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%

Purchase Details

Closed on
Nov 2, 2018
Sold by
Daley Damion L
Bought by
Montilla Jorge L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,625
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2008
Sold by
Brown Mikloth
Bought by
Daley Damion L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2004
Sold by
Henry Jennifer
Bought by
Brown Mikloth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
7.25%
Mortgage Type
New Conventional

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
Charlie Troy Llc -- --
Jilot Todd $160,000 --
Montilla Jorge L $135,500 --
Daley Damion L $110,000 --
Brown Mikloth $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montilla Jorge L $101,625
Previous Owner Daley Damion L $97,550
Previous Owner Daley Damion L $102,400
Previous Owner Daley Damion L $93,500
Previous Owner Brown Mikloth $124,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2019 10/14/19 Sold $160,000 -8.6% $69 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/14/2019 09/14/19 For Sale $175,000 -- $75 / 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 $4,799 $96,400 $15,000 $81,400
2022 $4,335 $90,800 $15,000 $75,800
2021 $3,051 $61,560 $6,000 $55,560
2020 $2,951 $59,280 $6,000 $53,280
2019 $2,189 $41,920 $6,000 $35,920
2018 $1,781 $39,280 $3,400 $35,880
2017 $1,884 $34,800 $3,400 $31,400
2016 $2,041 $38,280 $3,400 $34,880
2014 $1,112 $16,840 $3,400 $13,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6617678

First Multiple Listing Service (FMLS)

APN: 16-104-01-019