NOT LISTED FOR SALE

4302 Fairington Ridge Cir Lithonia, GA 30038

Lithonia Neighborhood

Estimated Value: $117,099 - $132,000

3 Beds
2 Baths
1,292 Sq Ft
$150/mo HOA Fee

Last Sold June 04, 2021

Last sale price $86,000 $67 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,031/month

47 Days on Market

Highlights

  • Private Lot
  • Ceiling height of 9 feet on the main level
  • 1-Story Property
  • Oversized primary bedroom
  • Laundry Room
  • Three Sided Brick Exterior Elevation

About This Home

As of June 2021

Investors buy into this instant cash flow property under $100k. Recently renovated with has no issues. Great quality tenant paying $1,100/month in rent! Lease ends in 10/31/21. Tenant loves the property and wishes to remain in the property and will sign a new lease once lease is expired. New floors updated kitchen, new paint, and heating and cooling system. Hurry and buy this property before it's too late. Investor's you will not find anything with a great quality tenant paying premium rent in a premium unit in this condition. No showings until due diligence period.

Last Agent to Sell the Property

Diego Sandoval

Keller Williams Rlty, First Atlanta License #344241 Listed on: 03/16/2021

Keller Williams Rlty, First Atlanta

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 2006

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof
  • Three Sided Brick Exterior Elevation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property
  • Roommate Plan
  • Ceiling height of 9 feet on the main level

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Oversized primary bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Schools

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

Additional Features

  • No Common Walls
  • Central Heating and Cooling System

Community Details

  • 40 Units
  • Mid-Rise Condominium
  • Fairington Ridge Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 16 074 16 058

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,040

Year Built

Built in 2006

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Mid-Rise (up to 5 stories)
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Oven, Range Hood
  • Interior Amenities: High Ceilings 9 ft Main
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1292.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master, Roommate Floor Plan
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition, Shingle
  • Foundation: Concrete Perimeter

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Kitchen, Laundry Room
  • Electric: None

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Association Fee: 1800
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Fairington Ridge

Association/Amenities

  • Number Of Units In Community: 40

Schools

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

Lot Info

  • Acres: 0.0012
  • Deed Book: 26493
  • Plat Page: 303
  • Lot Features: Private
  • Parcel Number: 16 074 16 058
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1040.00
  • Assessor Parcel Number: 16 074 16 058
  • Close Date: 2021-06-04
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jun 4, 2021
Sold by
Saigruha Holdings Llc
Bought by
Strategic Investments Llc
Seller's Agent
Diego Sandoval
Keller Williams Rlty, First Atlanta
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$90,000
Sold Price
$86,000
Premium/Discount to List
-$4,000
-4.44%
Total Days on Market
47
Current Estimated Value
$123,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,775
Avg. Annual Appreciation
9.71%

Purchase Details

Listed on
Sep 22, 2017
Closed on
Sep 8, 2017
Sold by
Bradshaw Karl
Bought by
Saigruha Holdings Llc
Seller's Agent
Diego Sandoval
Keller Williams Rlty, First Atlanta
Buyer's Agent
Diego Sandoval
Keller Williams Rlty, First Atlanta
Sold Price
$975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.51%

Purchase Details

Closed on
Jul 15, 2010
Sold by
Hud-Housing Of Urban Dev
Bought by
Bradshaw Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2009
Sold by
Midfirst Bk
Bought by
Hud-Housing Of Urban Dev

Purchase Details

Closed on
Mar 31, 2006
Sold by
Fairington Village Partnership
Bought by
Duncan Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,254
Interest Rate
6.29%
Mortgage Type
FHA
Source: Public Records

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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
Strategic Investments Llc $86,000 --
Saigruha Holdings Llc $41,500 --
Bradshaw Karl -- --
Hud-Housing Of Urban Dev -- --
Midfirst Bk $94,179 --
Duncan Erica $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bradshaw Karl $24,000
Previous Owner Duncan Erica $94,254
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $86,000 -4.4% $67 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $90,000 0.0% $70 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $90,000 0.0% $70 / Sq Ft
10/28/2020 10/28/20 Rented $1,100 0.0% --
10/22/2020 10/22/20 For Rent $1,100 +12.8% --
10/07/2017 10/07/17 Rented $975 0.0% --
09/22/2017 09/22/17 For Rent $975 0.0% --
09/08/2017 09/08/17 Sold $41,500 -7.8% $32 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $45,000 -- $35 / 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 $2,262 $47,040 $10,000 $37,040
2022 $1,384 $30,400 $4,800 $25,600
2021 $1,064 $22,760 $4,800 $17,960
2020 $1,040 $22,440 $4,800 $17,640
2019 $964 $20,880 $4,800 $16,080
2018 $698 $16,600 $4,680 $11,920
2017 $771 $16,400 $4,800 $11,600
2016 $764 $16,200 $1,640 $14,560
2014 $514 $10,280 $1,640 $8,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6854749

First Multiple Listing Service (FMLS)

APN: 16-074-16-058