3631 Raiders Ridge Dr Lithonia, GA 30038
Estimated payment $1,801/month
Highlights
- Home Theater
- Bonus Room
- Solid Surface Countertops
- Traditional Architecture
- Corner Lot
- No HOA
About This Home
This distinctive property features a striking castle-inspired facade and versatile 8-room layout that works for owner occupants seeking flexibility with extra rooms, house hackers looking to offset their mortgage with roommate income, or investors seeking a practically turnkey rental. For investors, this property will perform over a 12% cap rate with over 20% cash-on-cash ROI when operated as co-living or PadSplit, making this an exceptional opportunity in today's market. The property needs some cosmetic updates but offers strong bones and immediate income potential for savvy buyers ready to capitalize on the growing demand for affordable, flexible housing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,304
Year Built
- Built in 1995
Lot Details
- 0.37 Acre Lot
- Corner Lot
- Level Lot
- Garden
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,951 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Home Theater
- Home Office
- Bonus Room
- Game Room
- Home Gym
- Fire and Smoke Detector
Kitchen
- Cooktop
- Microwave
- Solid Surface Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- Garage
- Parking Accessed On Kitchen Level
- Garage Door Opener
Outdoor Features
- Patio
- Porch
Schools
- Browns Mill Elementary School
- Chapel Hill Middle School
- Martin Luther King Jr High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 220 Volts
- Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Chimney Rock Subdivision
Listing and Financial Details
- Legal Lot and Block 35 / B
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $5,304 | $110,480 | $16,000 | $94,480 |
| 2024 | $4,339 | $88,400 | $9,724 | $78,676 |
| 2023 | $4,339 | $88,400 | $9,724 | $78,676 |
| 2022 | $3,564 | $88,400 | $9,360 | $79,040 |
| 2021 | $3,564 | $72,840 | $10,000 | $62,840 |
| 2020 | $3,116 | $62,640 | $10,000 | $52,640 |
| 2019 | $2,777 | $54,920 | $10,000 | $44,920 |
| 2018 | $2,783 | $59,160 | $10,000 | $49,160 |
| 2017 | $2,268 | $43,120 | $10,000 | $33,120 |
| 2016 | $2,786 | $54,760 | $25,920 | $28,840 |
| 2014 | $2,142 | $39,200 | $25,920 | $13,280 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2025 11/19/25 | Pending | -- | -- | -- |
| 11/11/2025 11/11/25 | For Sale | $259,000 | -- | $133 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $221,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $199,500 | New Conventional | |
| Previous Owner | $165,000 | Commercial |
Source: Georgia MLS
MLS Number: 10641797
APN: 15-033-08-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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