NOT LISTED FOR SALE

5433 Salem Springs Dr Lithonia, GA 30038

Lithonia Neighborhood

Estimated Value: $234,000 - $255,868

3 Beds
2 Baths
1,560 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $170,000 $109 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,618/month

5 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Ceiling height of 9 feet on the main level
  • Tray Ceiling
  • Family Room

About This Home

As of November 2020

Situated just minutes from local parks, shopping, and restaurants, this 3 bedroom and 2 bathroom home in Lithonia could be just the one for you! Brand new carpeting and fresh coats of paint cover the inside of the home. The living room is spacious and could easily be home to your favorite couch, recliner, and entertainment center. There is also a fireplace to keep warm during the Fall. The primary bedroom features natural lighting and an attached bathroom with a soaking tub and a separate shower. The double garage will also make parking a breeze.

Last Listed By

Michelle Sanders

Sanders RE, LLC License #264391 Listed on: 09/24/2020

Sanders RE, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,615

Year Built

  • Built in 1998

Lot Details

  • 0.3 Acre Lot
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,560 Sq Ft Home
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Family Room
  • Dishwasher

Bedrooms and Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Phone Available
  • Cable TV Available

Community Details

  • Salem Hills Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Legal Lot and Block 111 / B
  • Assessor Parcel Number 16 045 01 080

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,615

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: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: High Ceilings 9 ft Main, Tray Ceiling(s)
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 1560.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Construction Materials: Cedar
  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Subdivision Complex: Salem Hills

Schools

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

Lot Info

  • Acres: 0.3000
  • Lot: 111
  • Land/Lot: 45
  • Plat Book: 104
  • Plat Page: 93
  • Lot Features: Back Yard, Front Yard
  • Parcel Number: 16 045 01 080
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1615.00
  • Assessor Parcel Number: 16-045-01-080
  • Close Date: 2020-11-09
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Flat Rock
  • High School: Martin Luther King Jr
  • Middle School: Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 9, 2020
Sold by
Sph Property One Llc
Bought by
Kimber Qwe Neisha
Seller's Agent
Michelle Sanders
Sanders RE, LLC
Buyer's Agent
Ernest Martin
HomeSmart
List Price
$175,900
Sold Price
$170,000
Premium/Discount to List
-$5,900
-3.35%
Total Days on Market
5
Current Estimated Value
$245,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,467
Avg. Annual Appreciation
8.45%
Original Mortgage
$170,000
Outstanding Balance
$152,198
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$93,269

Purchase Details

Closed on
Sep 4, 2020
Sold by
Grier Christina M
Bought by
Sph Property One Llc

Purchase Details

Closed on
May 30, 2003
Sold by
Grier Christina M
Bought by
Grier Christina M and Grier Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,757
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2003
Sold by
Hart Audrey M
Bought by
Cline Vincent E

Purchase Details

Closed on
May 29, 1998
Sold by
Salem Hills Development Co Inc
Bought by
Hart Audrey M

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
Kimber Qwe Neisha $170,000 --
Sph Property One Llc $156,000 --
Grier Christina M -- --
Grier Christina M $125,800 --
Cline Vincent E $1,200 --
Hart Audrey M $93,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimber Qwe Neisha $170,000
Previous Owner Grier Christina M $125,757
Previous Owner Hart Audrey M $9,478
Closed Hart Audrey M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $170,000 -3.4% $109 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $175,900 -- $113 / 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 $2,999 $90,000 $16,000 $74,000
2022 $2,443 $81,480 $8,800 $72,680
2021 $2,040 $62,760 $8,800 $53,960
2020 $1,685 $53,640 $7,200 $46,440
2019 $1,615 $49,880 $7,200 $42,680
2018 $1,226 $42,120 $4,440 $37,680
2017 $1,344 $39,840 $4,440 $35,400
2016 $1,109 $33,960 $4,440 $29,520
2014 $966 $29,760 $4,440 $25,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6786039

First Multiple Listing Service (FMLS)

APN: 16-045-01-080