NOT LISTED FOR SALE

5156 Rock Springs Rd Lithonia, GA 30038

Estimated Value: $246,000 - $377,045

9.8 Acres
$31,872 Price per Acre
426,888 Sq Ft Lot

Last Sold January 08, 2020

Last sale price $79,000 $110 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $1,837/month

80 Days on Market

Highlights

  • 9.8 Acre Lot
  • Wooded Lot
  • Rural View
  • Creek On Lot

About This Lot

As of January 2020

GREAT DEAL! Don't miss out on over 9 acres! Residential Development Opportunity, Investment Land, or Private Estate Property! Very convenient access to I-20, minutes from Stonecrest shopping. Beautiful high end homes in this neighborhood. Owner will also consider owner financing. Plat map provided for clarity on property boundaries. DOCUMENTS SHOWING NOT IN FLOOD PLAN

Last Agent to Sell the Property

Sanchez Dixon

HomeSmart License #365899 Listed on: 06/18/2019

HomeSmart

Last Buyer's Agent

DEWAN Green

Elite One Realty Pro License #304275

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,451

Year Built

  • Built in 1900

Lot Details

  • 9.8 Acre Lot
  • Property fronts a state road
  • Wooded Lot

Schools

  • Flat Rock Elementary School
  • Lithonia Middle School
  • Lithonia High School

Additional Features

  • Rural Views
  • Creek On Lot

Listing and Financial Details

  • Assessor Parcel Number 16 085 01 002

Property Details

Property Type

Land

Est. Annual Taxes

$1,451

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Undeveloped/Zoned Residential
  • Year Built: 1900
  • Special Features: None

Property Details

  • Property: Land

Exterior Features

  • View: Rural

Lot Info

  • Acres: 9.8000
  • Possible Use: Residential
  • Current Use: Residential
  • Lot Features: Creek On Lot
  • Parcel Number: 16 085 01 002
  • Price Acre Dollar: 8061.22
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 1451.00
  • Tax Year: 2017

MLS Schools

  • Elementary School: Flat Rock
  • High School: Lithonia
  • Middle School: Lithonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Jan 3, 2020
Sold by
Hodge Abdul O
Bought by
Harris Bryant
Seller's Agent
Sanchez Dixon
HomeSmart
Buyer's Agent
DEWAN Green
Elite One Realty Pro
List Price
$79,000
Sold Price
$79,000
Current Estimated Value
$312,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,348
Avg. Annual Appreciation
26.14%
Original Mortgage
$71,100
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2017
Closed on
Mar 13, 2017
Sold by
Johnson Martha Josephine E
Bought by
Hodge Abdul O and Grant Stephanie A
Seller's Agent
Lacey Pass
Pratt & Associates Realty, LLC
Buyer's Agent
James Carswell
Keller Williams Realty Chattahoochee North, LLC
List Price
$34,900
Sold Price
$18,000
Premium/Discount to List
-$16,900
-48.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harris Bryant $79,000 --
Hodge Abdul O $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Harris Bryant $71,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2020 01/08/20 Sold $79,000 0.0% $110 / Sq Ft
12/13/2019 12/13/19 Off Market $79,000 -- --
11/01/2019 11/01/19 For Sale $79,000 0.0% $110 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $79,000 +338.9% $110 / Sq Ft
03/13/2017 03/13/17 Sold $18,000 -48.4% $25 / Sq Ft View Prior Sale
01/27/2017 01/27/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $34,900 -- $48 / 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
2025 $2,322 $42,320 $42,320 --
2024 $1,441 $42,320 $42,320 --
2023 $1,441 $39,760 $39,760 $0
2022 $594 $20,040 $20,040 $0
2021 $1,207 $20,040 $20,040 $0
2020 $1,199 $20,040 $20,040 $0
2019 $1,193 $20,040 $20,040 $0
2018 $1,014 $7,200 $7,200 $0
2017 $1,451 $24,840 $24,840 $0
2016 $1,411 $24,840 $24,840 $0
2014 $1,539 $27,080 $24,840 $2,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6571509

First Multiple Listing Service (FMLS)

APN: 16-085-01-002