$32,500
SOLD OCT 30, 2019

2729 Penwood Place Lithonia, GA 30058

Lithonia Neighborhood
2 Beds
2.5 Baths
1,212 Sq Ft
$175/mo HOA Fee

Recently Sold

$27 Per Sq Ft

22% Below List Price

356 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Ceiling height of 9 feet on the lower level
  • Great Room
  • White Kitchen Cabinets
  • Living Room

About This Home

As of October 2019

Investors: Don't miss the boat on this opportunity! Currently tenant-occupied on a month-to-month lease at $650/month, and has expressed interest in staying. Cash or hard money only. Do not disturb tenant. Sold "as-is," no Seller's disclosure as Seller has never lived there.

Last Agent to Sell the Property

andy antell

Homeland Realty Group, LLC. License #343006 Listed on: 10/29/2018

Homeland Realty Group, LLC.

Last Buyer's Agent

andy antell

Homeland Realty Group, LLC. License #343006 Listed on: 10/29/2018

Homeland Realty Group, LLC.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $712

Year Built

  • Built in 1973

Lot Details

  • Two or More Common Walls

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Roommate Plan
  • Ceiling height of 9 feet on the lower level
  • Great Room
  • Living Room
  • Formal Dining Room
  • Laundry on upper level

Kitchen

  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Schools

  • Fairington Elementary School
  • Salem Middle School
  • Lithonia High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16 088 03 026

Community Details

Overview

  • Somerset Subdivision

Recreation

  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$712

Year Built

Built in 1973

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 1973
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Lower
  • Kitchen Features: Cabinets Other, Cabinets White, Laminate Counters, Solid Surface Counters
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Great Room - 1 Story, Living Room
  • Dining Room Features: Separate Dining Room

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan, Split Bedroom Plan
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned, Parking Lot

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Upper Floor
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Termite, Trash, Water
  • Community Features: Homeowners Assoc, Playground
  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Somerset

Association/Amenities

  • Number Of Units In Community: 1

Schools

  • Elementary School: Fairington
  • Middle School: Salem
  • High School: Lithonia

Lot Info

  • Parcel Number: 16 088 03 026
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 712.00
  • Assessor Parcel Number: 16-088-03-026
  • Close Date: 2019-10-30
  • Tax Year: 2017

MLS Schools

  • Elementary School: Fairington
  • High School: Lithonia
  • Middle School: Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Oct 30, 2019
Sold by
Wang Xiaoping
Bought by
Pmv Rental Properties Llc
Seller's Agent
andy antell
Homeland Realty Group, LLC.
Buyer's Agent
andy antell
Homeland Realty Group, LLC.
List Price
$41,900
Sold Price
$32,500
Premium/Discount to List
-$9,400
-22.43%
Total Days on Market
356
Current Estimated Value
$74,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,466
Avg. Annual Appreciation
17.17%

Purchase Details

Listed on
Apr 10, 2015
Closed on
Jul 2, 2015
Sold by
Meq Holdings Llc
Bought by
Wang Xiaoping
Seller's Agent
Adon Williams
Partners Management
Buyer's Agent
andy antell
City Edge Realty LLC
List Price
$29,995
Sold Price
$25,000
Premium/Discount to List
-$4,995
-16.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Mar 9, 2010
Sold by
Dekalb Cnty
Bought by
Wright Darrick and Wright Stephanie

Purchase Details

Closed on
Feb 19, 2010
Sold by
Asset Management Group Llc
Bought by
Meq Holdings Llc

Purchase Details

Closed on
Sep 3, 2009
Sold by
Soundview Home 2005-Opt2
Bought by
National Asset Mtg Corp

Purchase Details

Closed on
Jan 21, 2009
Sold by
American Hm Mtg Servicing Inc
Bought by
National Asset Mgmt Group Llc

Purchase Details

Closed on
Jul 1, 2008
Sold by
Wright Darrick and Wright Stephanie
Bought by
Soundview Home Trust 2005-Opt2

Purchase Details

Closed on
Apr 19, 2005
Sold by
Jp Morgan Chase Bk
Bought by
Wright Darrick and Wright Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 1, 2005
Sold by
Walker Celesta
Bought by
Jp Morgan Chase Bk

Purchase Details

Closed on
Sep 26, 2003
Sold by
Walker Celester
Bought by
Barr Sherida

Purchase Details

Closed on
Apr 4, 1997
Sold by
Lynn Teague Peppi
Bought by
Home Locators Inc
Source: Public Records

Range of Values:

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Average Value
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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 $32,500 --
Warranty Deed $25,000 --
Deed $2,547 --
Deed $5,000 --
Deed -- --
Deed $5,100 --
Foreclosure Deed $18,700 --
Deed $19,900 --
Foreclosure Deed $26,000 --
Quit Claim Deed -- --
Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $32,500 -6.9% $27 / Sq Ft
06/13/2019 06/13/19 Price Changed $34,900 -12.5% $29 / Sq Ft
12/19/2018 12/19/18 Price Changed $39,900 -4.8% $33 / Sq Ft
10/29/2018 10/29/18 For Sale $41,900 +67.6% $35 / Sq Ft
07/02/2015 07/02/15 Sold $25,000 0.0% $21 / Sq Ft
07/02/2015 07/02/15 Sold $25,000 -16.7% $21 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
07/01/2015 07/01/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $29,995 0.0% $25 / Sq Ft
04/10/2015 04/10/15 For Sale $29,995 -- $25 / 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 $1,809 $19,600 $3,200 $16,400
2022 $1,084 $18,080 $3,200 $14,880
2021 $935 $14,480 $3,200 $11,280
2020 $814 $11,880 $3,200 $8,680
2019 $716 $9,720 $3,200 $6,520
2018 $620 $10,000 $1,600 $8,400
2017 $712 $9,600 $1,600 $8,000
2016 $711 $9,560 $840 $8,720
2014 $380 $2,000 $840 $1,160
Source: Public Records

Agents Affiliated with this Home

  • a

    Seller's Agent in 2019

    andy antell

    Homeland Realty Group, LLC.

    (404) 277-9257

    5 Total Sales

    andy antell
    Section Image

  • A

    Seller's Agent in 2015

    Adon Williams

    Partners Management

    (404) 543-7654

    36 Total Sales

    Adon Williams
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6092814

First Multiple Listing Service (FMLS)

APN: 16-088-03-026

Georgia DeKalb County Lithonia 30058 Lithonia

2729 Penwood Place, Lithonia, GA

This home is located at 2729 Penwood Place, Lithonia, GA 30058 and is currently priced at $32,500, approximately $26 per square foot. This property was built in 1973. 2729 Penwood Place is a home located in DeKalb County with nearby schools including Stoneview Elementary School, Lithonia Middle School, and Lithonia High School.

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