NOT LISTED FOR SALE

5302 Salem Springs Dr Lithonia, GA 30038

Lithonia Neighborhood

Estimated Value: $252,000 - $265,000

3 Beds
2.5 Baths
1,603 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $265,000 $165 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,843/month

6 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Tray Ceiling
  • High Ceiling
  • Breakfast Area or Nook
  • Soaking Tub

About This Home

As of November 2023

Just the home you are looking for! Beautiful 3 bedroom, 2.5 bath well kept home. Home features an open concept floorplan. You enter into a open, vaulted formal living room or a dining room. You choose! The spacious kitchen has a breakfast area and overlooks step-down sunken family room with fireplace. Upstairs houses the primary suite with tray ceilings, ensuite and large walk-in closet. Two secondary bedrooms with vaulted ceilings, along with a second bathroom and laundry room complete the upstairs. No HOA. This home is perfect for that first time homebuyer or investor looking to start or expand their rental portfolio.

Last Listed By

Shawn Robinson

HomeSmart License #243738 Listed on: 10/02/2023

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,602

Year Built

  • Built in 1998

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,603 Sq Ft Home
  • Multi-Level Property
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry in Hall
  • Laundry on upper level

Schools

  • Flat Rock Elementary School
  • Salem Middle School
  • Martin Luther King Jr High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Salem Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,602

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Main Level Half Bathrooms: 1
  • Co List Office: PHPA01
  • Financing Type: FHA
  • Levels: Multi/Split
  • Lot Size Acres: .20
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1603
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven/Range (Combo)
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1603
  • Above Grade Finished Sq Ft: 1603
  • Interior Amenities: High Ceilings, Pulldown Attic Stairs, Separate Shower, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Laminate
  • Kitchen Features: Breakfast Area, Pantry
  • Price Per Square Foot: 165.315

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Hall, Upper Level
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Flat Rock
  • High School: Martin Luther King Jr
  • Middle School: Salem
  • Elementary School: Flat Rock
  • Middle School: Salem
  • High School: Martin Luther King Jr

Lot Info

  • Deed Book: 29695
  • Deed Page: 771

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3602.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 9, 2023
Sold by
Rhodes Nikki
Bought by
Barbarin Sean and Cisse Khadija
Seller's Agent
Shawn Robinson
HomeSmart
Buyer's Agent
Angellet Minard
Mahogany Real Estate LLC
List Price
$265,000
Sold Price
$265,000
Total Days on Market
6
Views
72
Current Estimated Value
$257,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,654
Avg. Annual Appreciation
-1.90%
Original Mortgage
$260,200
Outstanding Balance
$254,954
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$2,392

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 24, 2021
Sold by
Ramey Ashley
Bought by
Rhodes Nikki
Seller's Agent
Whitney Barnes
Fathom Realty GA, LLC
Buyer's Agent
Shawn Robinson
HomeSmart
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%
Original Mortgage
$206,196
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
May 3, 2016
Closed on
Jul 19, 2016
Sold by
Starwood Waypoint Trs Llc
Bought by
Ramey Ashley
Seller's Agent
Allyson Golightly
Compass
Buyer's Agent
John Isaac
NOT A VALID MEMBER
List Price
$118,000
Sold Price
$108,000
Premium/Discount to List
-$10,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Original Mortgage
$106,043
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 2016
Sold by
Tarbert Llc
Bought by
Starwood Waypoint Trs Llc

Purchase Details

Closed on
Mar 27, 2014
Sold by
Srp Sub Llc
Bought by
Tarbert Llc

Purchase Details

Closed on
Jan 7, 2014
Sold by
Mathurin Jean L
Bought by
Srp Sub Llc

Purchase Details

Closed on
Mar 12, 1999
Sold by
Marbut Realty & Inv Inc
Bought by
Mathurin Jean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,800
Interest Rate
6.74%
Mortgage Type
FHA

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 Buyer Sale Price Title Company
Barbarin Sean $265,000 --
Rhodes Nikki $210,000 --
Ramey Ashley $108,000 --
Starwood Waypoint Trs Llc -- --
Tarbert Llc -- --
Srp Sub Llc $70,000 --
Mathurin Jean L $97,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbarin Sean $41,317
Closed Barbarin Sean $8,507
Open Barbarin Sean $260,200
Previous Owner Rhodes Nikki $206,196
Previous Owner Ramey Ashley $99,157
Previous Owner Ramey Ashley $106,043
Previous Owner Mathurin Jean L $10,635
Previous Owner Mathurin Jean $55,200
Previous Owner Mathurin Jean L $109,432
Previous Owner Mathurin Jean L $97,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $265,000 0.0% $165 / Sq Ft
10/02/2023 10/02/23 For Sale $265,000 +26.2% $165 / Sq Ft
08/24/2021 08/24/21 Sold $210,000 0.0% $131 / Sq Ft
06/23/2021 06/23/21 For Sale $210,000 +94.4% $131 / Sq Ft
07/19/2016 07/19/16 Sold $108,000 -8.5% $67 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $118,000 -- $74 / 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 $4,902 $94,920 $16,000 $78,920
2022 $2,482 $81,960 $8,800 $73,160
2021 $1,686 $62,040 $8,800 $53,240
2020 $1,466 $52,680 $7,200 $45,480
2019 $1,421 $50,520 $7,200 $43,320
2018 $1,408 $42,360 $4,440 $37,920
2017 $1,090 $35,080 $4,440 $30,640
2016 $1,574 $28,000 $3,920 $24,080
2014 $648 $30,760 $4,440 $26,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10206362

Georgia MLS

APN: 16-045-03-007