NOT LISTED FOR SALE

5306 Salem Springs Dr Lithonia, GA 30038

Lithonia Neighborhood

Estimated Value: $250,000 - $309,000

3 Beds
2.5 Baths
2,440 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 03, 2013

Last sale price $79,900 $33 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $1,500/month

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • 2 Car Garage
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Two Story Entrance Foyer

About This Home

As of July 2013

Beautiful home in the lovely Salem Hills subdivision! Located close to many of the amenities including schools, places to eat, and grocery stores! Features of this home include 2,440 square feet spread out over 2 spacious floors, 3 BR, 2.5 BA, a large kitchen & living room perfect for entertaining, an attached 2 car garage, and the list continues! Priced for quick sale! Why let this opputunity pass you by? Schedule a showing to see this home TODAY! SEE AGENT REMARKS FOR SELLER REQUIREMENTS/INSTRUCTIONS!

Last Agent to Sell the Property

JASON COX

NOT A VALID MEMBER License #341098 Listed on: 03/13/2013

Last Buyer's Agent

Lawanda Strachan

NOT A VALID MEMBER License #334551

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $871

Year Built

  • Built in 1998

Lot Details

  • 7,841

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Aluminum Siding

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Two Story Entrance Foyer
  • Formal Dining Room
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Browns Mill Elementary School
  • Salem Middle School
  • Lithonia High School

Additional Features

  • Level Lot
  • Forced Air Heating and Cooling System

Community Details

  • Salem Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5306SalemSpringsDR

Home Details

Home Type

Single Family

Est. Annual Taxes

$871

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1998
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Refrigerator
  • Interior Amenities: Entrance Foyer 2 Story
  • Basement: Crawl Space
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2440.00

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Heating: Electric, Forced Air

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Salem Hills

Schools

  • Elementary School: Browns Mill
  • Middle School: Salem
  • High School: Lithonia

Lot Info

  • Lot Features: Level
  • Parcel Number: 5306SalemSpringsDR
  • Property Attached Yn: No

Tax Info

  • Taxes: 871.00
  • Assessor Parcel Number: 16-045-03-008
  • Close Date: 2013-07-03
  • Tax Year: 2012

MLS Schools

  • Elementary School: Browns Mill
  • High School: Lithonia
  • Middle School: Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2013
Closed on
Jun 28, 2013
Sold by
U S Bank National Assoc Tr
Bought by
Carson Mattie
Seller's Agent
JASON COX
NOT A VALID MEMBER
Buyer's Agent
Lawanda Strachan
NOT A VALID MEMBER
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$279,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,828
Avg. Annual Appreciation
11.24%
Original Mortgage
$88,568
Outstanding Balance
$64,256
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$229,914

Purchase Details

Listed on
Mar 13, 2013
Closed on
May 15, 2013
Sold by
Mvb Mtg Corp
Bought by
Us Bank National Assoc Trustee
Seller's Agent
JASON COX
NOT A VALID MEMBER
Buyer's Agent
Lawanda Strachan
NOT A VALID MEMBER
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,568
Outstanding Balance
$64,256
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$229,914

Purchase Details

Closed on
Oct 2, 2012
Sold by
Branch Glennetta
Bought by
Mvb Mtg Corp

Purchase Details

Closed on
Oct 5, 2007
Sold by
Branch Gary
Bought by
Branch Gary and Branch Glennetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,714
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2005
Sold by
Riley Mauvarie A
Bought by
Branch Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 1999
Sold by
Marbut Realty & Inv Inc
Bought by
Riley Mauvarie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Interest Rate
6.85%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Carson Mattie $79,900 --
Us Bank National Assoc Trustee -- --
Mvb Mtg Corp -- --
Branch Gary -- --
Branch Gary $149,000 --
Riley Mauvarie A $125,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carson Mattie $88,568
Closed Carson Mattie $88,568
Previous Owner Branch Gary $162,714
Previous Owner Branch Gary $119,200
Previous Owner Riley Mauvarie A $125,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2013 07/03/13 Sold $79,900 0.0% $33 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $79,900 -- $33 / 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
2024 $274 $121,000 $20,000 $101,000
2023 $274 $131,480 $16,000 $115,480
2022 $209 $105,440 $8,800 $96,640
2021 $214 $77,560 $8,800 $68,760
2020 $210 $67,720 $7,200 $60,520
2019 $209 $64,600 $7,200 $57,400
2018 $214 $50,480 $4,440 $46,040
2017 $225 $48,400 $4,440 $43,960
2016 $212 $49,760 $4,440 $45,320
2014 $462 $31,928 $3,168 $28,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5281485

First Multiple Listing Service (FMLS)

APN: 16-045-03-008