NOT LISTED FOR SALE

2403 Cragstone Ct Lithonia, GA 30058

Estimated Value: $250,000 - $301,000

6 Beds
6 Baths
2,320 Sq Ft
$116/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $214,000 $92 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,761/month

5 Days on Market

Highlights

  • 1 Fireplace
  • Guest Parking
  • Central Heating and Cooling System

About This Home

As of June 2021

MULTIPLE OFFERS!!! HIGHEST & BEST DUE BY 12PM FRIDAY APRIL 30TH. INVESTOR SPECIAL!!!! This income producing Duplex features a Great Return on your investment. Low maintenance and long-term tenants already in place. Located in a very quiet and growing community, with access to Schools, Shopping and Emory Hillandale Hospital. Each unit features 2 bedrooms and 2.5 baths. No HOA. This is a great investment opportunity for a first-time or seasoned investor.

Last Listed By

Keianna Williams

Millennial Properties Realty License #307103 Listed on: 04/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,037

Year Built

  • Built in 1985

Lot Details

  • 0.4 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Parking

  • 2 Parking Spaces
  • Guest Parking
  • Off-Street Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Community Details

  • 2 Units
  • Cragstone Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,037

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .40
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding, Brick
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Guest, Off Street
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air
  • Heating: Electric, Central
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Fee Information

  • Association Fee Includes: 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

Multi Family

  • Total Fireplaces: 1
  • NumberOfUnitsTotal: 2

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2037

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 29, 2021
Sold by
Covered Bridge Enterprises Llc
Bought by
Brown Kenneth
Seller's Agent
Keianna Williams
Millennial Properties Realty
Buyer's Agent
Dodson Realty Group
Classic Homes Realty
List Price
$205,000
Sold Price
$214,000
Premium/Discount to List
$9,000
4.39%
Total Days on Market
5
Current Estimated Value
$270,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,072
Avg. Annual Appreciation
6.15%
Original Mortgage
$210,123
Outstanding Balance
$192,708
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$77,364

Purchase Details

Closed on
Sep 10, 2009
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Covered Bridge Ents Llc

Purchase Details

Closed on
Mar 14, 2005
Sold by
Komery Alexander F and Komery Beverly
Bought by
Brown Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.88%
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
Brown Kenneth $214,000 --
Covered Bridge Ents Llc -- --
Brown Felicia $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Kenneth $210,123
Closed Brown Kenneth $210,123
Previous Owner Brown Felicia $124,400
Previous Owner Brown Felicia $23,325
Previous Owner Brown Felicia $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $214,000 +4.4% $92 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $205,000 -- $88 / 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 $2,989 $87,400 $15,000 $72,400
2022 $2,613 $77,080 $15,000 $62,080
2021 $2,937 $52,440 $6,000 $46,440
2020 $2,037 $31,920 $3,511 $28,409
2019 $2,037 $31,920 $3,511 $28,409
2018 $1,281 $31,919 $3,511 $28,408
2017 $1,428 $17,200 $3,096 $14,104
2016 $1,396 $17,200 $3,096 $14,104
2014 $1,179 $12,000 $3,040 $8,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 8967145

Georgia MLS

APN: 16-104-01-006