NOT LISTED FOR SALE

5427 Covent Way Lithonia, GA 30058

Estimated Value: $217,000 - $249,000

3 Beds
2 Baths
1,220 Sq Ft
$187/Sq Ft Est. Value

Highlights

  • Open-Concept Dining Room
  • Wood Flooring
  • Accessible Entrance
  • Traditional Architecture
  • Great Room
  • 1-Story Property

About This Home

As of July 2016

Please note, our homes are available on a first-come, first-serve basis and are not reserved until the lease is signed by all applicants and security deposits are collected.

This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at

Want to tour on your own? Click the “Self Tour” button on this home’s listing or call to register for a self-guided showing at a time that works best for you.

Come see this pet-friendly Lithonia, GA rental home with three bedrooms and two bathrooms within 1,220 square feet of space. A white stone fireplace makes a great impression as you step inside the living room. This room has an extra-high ceiling with a fan. You can step outside to enjoy the fresh air via its double glass doors. The kitchen has everything a home cook needs, including a full set of appliances, a double-basin sink, and a pantry. Access the attached garage via the kitchen. Head down the hall to find dual closets in the main bedroom suite, along with gorgeous hardwood flooring and a private bathroom with a walk-in shower. Behind the home is a concrete back patio, perfect for grilling or entertaining. Book an in-person tour today!

Last Agent to Rent the Property

Natalie Crockett

Covenant Properties Realty Listed on: 07/17/2016

Last Renter's Agent

Natalie Crockett

Covenant Properties Realty Listed on: 07/17/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,561

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Factory Built Fireplace
  • Great Room
  • Open-Concept Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Entrance

Schools

  • Marbut Elementary School
  • Lithonia Middle School
  • Lithonia High School

Community Details

  • Application Fee Required

Listing and Financial Details

  • Security Deposit $910
  • 12 Month Lease Term
  • $35 Application Fee
  • Assessor Parcel Number 16 037 05 028

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,561

Year Built

Built in 1979

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Pest Control, Security, Telephone, Trash Collection, Water
  • Credit Report Required: Yes
  • Deposit: 910
  • Lease Term: 12 Months
  • Per Adult Dollar: 35.00
  • Pets Allowed: Yes
  • Application Fee Per Adult: Yes
  • Pet Deposit Dollar: 200.00

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1979
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Refrigerator
  • Kitchen Features: Cabinets Other
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Open Concept

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Garage

Condo/Co-op/Association

  • Community Features: Street Lights
  • Management: Professionally Managed

Schools

  • Elementary School: Marbut
  • Middle School: Lithonia
  • High School: Lithonia

Lot Info

  • Acres: 0.3300
  • Lot Features: Level
  • Lot Dimensions: 000
  • Parcel Number: 16 037 05 028
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 16-037-05-028
  • Close Date: 2016-07-29

MLS Schools

  • Elementary School: Marbut
  • High School: Lithonia
  • Middle School: Lithonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2017
Sold by
Arlp Reo 400 Llc
Bought by
Resi Tl1 Borrower Llc
Current Estimated Value
$228,743

Purchase Details

Closed on
Aug 18, 2015
Sold by
Ih2 Property Trs 2 Lp
Bought by
Arlp Reo 400 Llc and C/O Altisource Asset Management Corp

Purchase Details

Closed on
Feb 17, 2015
Sold by
Ih2 Property Georgia Lp
Bought by
Ih2 Property Trs 2 Lp

Purchase Details

Closed on
Apr 17, 2013
Sold by
Atlanta Region Sfh I Llc
Bought by
Ih2 Property Georgia Lp

Purchase Details

Closed on
Sep 1, 2012
Sold by
Bkbe Ii Llc
Bought by
Atlanta Region Sfh I Llc

Purchase Details

Closed on
Jun 22, 2009
Sold by
J & H Inv Two Llc
Bought by
Bkbe Ii Llc

Purchase Details

Closed on
Aug 31, 2007
Sold by
Hud-Housing Of Urban Dev
Bought by
Patel Hiteshkumar and Patel Smita H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.65%

Purchase Details

Closed on
Dec 6, 2005
Sold by
Mers
Bought by
Secretary Of Hud

Purchase Details

Closed on
Sep 22, 2003
Sold by
Famor Sam F
Bought by
Elder Sonya D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,310
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 1997
Sold by
Firouzabadi Shahrokh and Firouzabadi Luisa
Bought by
Famor Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,610
Interest Rate
11.74%
Mortgage Type
New Conventional
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
Resi Tl1 Borrower Llc -- --
Arlp Reo 400 Llc $30,989,400 --
Ih2 Property Trs 2 Lp -- --
Ih2 Property Georgia Lp $27,002,382 --
Atlanta Region Sfh I Llc -- --
Bkbe Ii Llc $114,400 --
Patel Hiteshkumar -- --
Secretary Of Hud -- --
Mers $117,617 --
Elder Sonya D $109,000 --
Famor Sam $72,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Hiteshkumar $86,000
Previous Owner Elder Sonya D $107,310
Previous Owner Famor Sam $65,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Off Market $1,695 -- --
07/22/2025 07/22/25 Price Changed $1,695 -2.3% $1 / Sq Ft
07/18/2025 07/18/25 Price Changed $1,735 -22.9% $1 / Sq Ft
07/16/2025 07/16/25 For Rent $2,250 +147.3% --
07/29/2016 07/29/16 Rented $910 0.0% --
07/17/2016 07/17/16 For Rent $910 -- --
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 $3,561 $70,360 $6,332 $64,028
2023 $3,561 $70,360 $6,332 $64,028
2022 $2,343 $70,360 $6,000 $64,360
2021 $2,343 $44,800 $6,000 $38,800
2020 $2,343 $44,800 $6,000 $38,800
2019 $2,120 $39,720 $6,000 $33,720
2018 $1,512 $28,600 $4,080 $24,520
2017 $1,389 $22,960 $4,080 $18,880
2016 $1,648 $28,760 $4,080 $24,680
2014 $1,565 $26,240 $4,080 $22,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5722475

First Multiple Listing Service (FMLS)

APN: 16-037-05-028