$51,500
SOLD APR 5, 2016

2997 Stone Mountain St Lithonia, GA 30058

Lithonia Neighborhood
5 Beds
2 Baths
2,162 Sq Ft
0.5 Acres

Recently Sold

$24 Per Sq Ft

6% Below List Price

27 Days on Market

Highlights

  • In-Law or Guest Suite
  • Combination Dining and Living Room
  • Family Room

About This Home

As of December 2019

****Reduced Price**** Investor Special! Sweat Equity just waiting for you... FHA 203k Rehab loan makes this a no brainer! This almost 3000 sq ft home with a potential mother-in law suite in back is ready for rehab. This home has very large open and bright rooms. Property is perfect for long term lease/flip and will easily cash flow for years to come. Also has a mother in law suite in rear that is studded and plumbed for bathroom and kitchen can potentially also be used for additional income property. Large open lot great neighborhood and close to public transit, close to Stone Crest shopping mall and 15 miles from downtown Atlanta... Hurry don't miss this golden opportunity.

Last Agent to Sell the Property

John Johnson

Emptor Primus LLC License #352292 Listed on: 03/08/2016

Last Buyer's Agent

Lee Brown

Harry Norman Realtors License #172131

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $7,072

Year Built

  • 1910

Home Design

  • Slab Foundation

Interior Spaces

  • In-Law or Guest Suite
  • Family Room
  • Combination Dining and Living Room
  • Stubbed For A Bathroom

Property Details

Home Type

Other

Est. Annual Taxes

$7,072

Year Built

1910

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1910

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2
  • Lower Level Bedroom: 2
  • Lower Level Full Bathrooms: 1
  • Basement: Slab/None
  • Interior Amenities: Bookcases, Hardwood Floors

Exterior Features

  • Construction: Aluminum/Vinyl

Garage/Parking

  • Parking: Parking Pad, Side/Rear Entrance

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Water/Sewer: Public Water

Association/Amenities

  • Amenities: Street Lights

Schools

  • Elementary School: Stoneview / Dekalb / Dekalb County, GA
  • Middle School: Lithonia / Dekalb / Dekalb County, GA
  • High School: Lithonia / Dekalb / Dekalb County, GA

Lot Info

  • Lot Description: Private Backyard
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Dec 27, 2019
Sold by
Bay Business Properties Llc
Bought by
Nchotu Hilary
Seller's Agent
Lee Brown
NOT A VALID MEMBER
Buyer's Agent
Hillary Nchotu
First United Realty, Inc.
List Price
$310,000
Sold Price
$287,000
Premium/Discount to List
-$23,000
-7.42%
Total Days on Market
27
Current Estimated Value
$371,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,792
Avg. Annual Appreciation
5.94%
Original Mortgage
$272,650
Outstanding Balance
$243,459
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$149,150

Purchase Details

Closed on
Jun 23, 2016
Sold by
Tchouako Ezechial
Bought by
Bay Business Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2016
Closed on
Apr 5, 2016
Sold by
Mullings Adelia V
Bought by
Tchouako Ezechial and Tchouako Philomene
Seller's Agent
John Johnson
Emptor Primus LLC
Buyer's Agent
Lee Brown
Harry Norman Realtors
List Price
$55,000
Sold Price
$51,500
Premium/Discount to List
-$3,500
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.83%

Purchase Details

Closed on
Oct 13, 2015
Sold by
Wells Fargo Bank Na
Bought by
Mullings Adelia V

Purchase Details

Closed on
Aug 4, 2015
Sold by
Baker Brentnol O
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 2, 2014
Sold by
Baker Thelma
Bought by
Baker Brentnol Oswald

Purchase Details

Closed on
Aug 6, 1996
Sold by
Hershberber James L
Bought by
Baker Brentnol

Purchase Details

Closed on
Apr 27, 1994
Sold by
Secretary Of Hud
Bought by
Hershberger Henry G
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 $287,000 --
Warranty Deed -- --
Warranty Deed $51,500 --
Warranty Deed $25,000 --
Foreclosure Deed $24,700 --
Warranty Deed -- --
Deed $105,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,650 New Conventional
Previous Owner $80,000 New Conventional
Closed $0 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $287,000 -3.7% $98 / Sq Ft
10/19/2019 10/19/19 Pending -- -- --
07/09/2019 07/09/19 Price Changed $298,000 -3.9% $102 / Sq Ft
05/15/2019 05/15/19 For Sale $310,000 +501.9% $106 / Sq Ft
04/05/2016 04/05/16 Sold $51,500 -6.4% $24 / Sq Ft
03/08/2016 03/08/16 For Sale $55,000 -- $25 / 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 $7,072 $126,160 $16,000 $110,160
2022 $3,887 $73,600 $6,000 $67,600
2021 $4,023 $79,920 $6,000 $73,920
2020 $3,848 $73,640 $6,000 $67,640
2019 $1,866 $31,760 $6,000 $25,760
2018 $1,411 $35,320 $6,000 $29,320
2017 $1,398 $20,568 $2,288 $18,280
2016 $856 $9,964 $2,084 $7,880
2014 $743 $17,160 $3,760 $13,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lee Brown

    NOT A VALID MEMBER

    (770) 572-9072

    2 in this area

    20 Total Sales

    Section Image

  • H

    Buyer's Agent in 2019

    Hillary Nchotu

    First United Realty, Inc.

    (678) 524-4505

    81 Total Sales

    Hillary Nchotu
    Section Image
  • John Johnson

    Seller's Agent in 2016

    John Johnson

    Emptor Primus LLC

    (678) 584-3777

    35 Total Sales

    John Johnson
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07601473

Georgia MLS

APN: 16-136-09-014

Georgia DeKalb County Lithonia 30058 Lithonia

2997 Stone Mountain St, Lithonia, GA

This home is located at 2997 Stone Mountain St, Lithonia, GA 30058 and is currently priced at $51,500, approximately $23 per square foot. This property was built in 1910. 2997 Stone Mountain St 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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