$250,000
$50K PRICE DROP

5490 Marbut Rd Lithonia, GA 30058

Estimated payment $1,675/month

Total Views 13,930
4 Beds
2 Baths
1,736 Sq Ft
$144 Price per Sq Ft

Highlights

  • Private Lot
  • No HOA
  • Central Heating and Cooling System
  • Ranch Style House
  • Patio
  • Carpet

About This Home

The home features a spacious formal living room, cozy family room, and a modern eat in kitchen complete with granite countertops. Both bathrooms have been updated, including a renovated master bath with a stand up shower. Additional highlights include: Large backyard, freshly poured driveway with extra parking, and new gutters installed. Conveniently located near schools, shopping, restaurants, and major interstates (I-20 & I-285). Currently occupied by a tenant, this home offers investors instant rental income potential. The tenant is flexible and open to breaking the lease if needed.

Listing Agent

Lola Egbewole

Sparen Realty ATL Brokerage Phone: 404-374-8555 License #386643 Listed on: 08/21/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,862

Year Built

  • Built in 1981

Lot Details

  • 15,246 Sq Ft Lot
  • Lot Dimensions are 132 x 120
  • Private Lot
  • Back Yard

Parking

  • Driveway Level

Home Design

  • Ranch Style House

Interior Spaces

  • 1,736 Sq Ft Home
  • Carpet
  • Washer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Panola Way Elementary School
  • Redan Middle School
  • Redan High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16 059 04 001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,862

Year Built

Built in 1981

Lot Details

0.35 Acres

Listing Details

  • Standard Status: Active
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1981
  • Horses: No
  • Water Body Name: None
  • Co List Office Mls Id: SPAR01
  • Subdivision Name: N/A
  • Tax Parcel Letter: 16-059-04-001
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Fireplace Features: None
  • Other Equipment: None
  • Appliances: Dishwasher, Microwave, Refrigerator, Washer
  • Interior Amenities: Other
  • Basement: None
  • Common Walls: No Common Walls
  • Spa Features: None
  • Window Features: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4

Exterior Features

  • Other Structures: None
  • Construction Materials: Other
  • Fencing: None
  • Patio And Porch Features: Patio
  • Exterior Features: None
  • Pool Features: None
  • View: Other
  • Pool Private: No
  • Home Warranty: No
  • Foundation Details: None
  • Roof: Other

Garage/Parking

  • Parking Features: Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: None
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Utilities: Electricity Available
  • Electric: Other
  • Heating Yn: Yes
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Middle Or Junior School: Redan

Green Features

  • Efficiency: None
  • Green Energy Generation: None

Lot Info

  • Lot Features: Back Yard, Private
  • Lot Dimensions: 132 x 120
  • Parcel Number: 16 059 04 001
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 15246
  • Additional Parcels: No

Multi Family

  • Waterfront Features: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3862

MLS Schools

  • Elementary School: Panola Way
  • High School: Redan

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,464 $91,320 $15,200 $76,120
2024 $4,461 $91,320 $15,200 $76,120
2023 $4,461 $87,400 $15,200 $72,200
2022 $3,186 $64,360 $7,600 $56,760
2021 $2,627 $51,640 $3,920 $47,720
2020 $2,108 $39,800 $3,920 $35,880
2019 $2,120 $40,080 $3,920 $36,160
2018 $1,190 $28,760 $3,920 $24,840
2017 $1,517 $25,400 $3,048 $22,352
2016 $1,483 $25,400 $3,048 $22,352
2014 $760 $8,800 $2,552 $6,248
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2025 10/29/25 Price Changed $250,000 -9.1% $144 / Sq Ft
09/16/2025 09/16/25 Price Changed $275,000 -8.3% $158 / Sq Ft
08/21/2025 08/21/25 For Sale $300,000 0.0% $173 / Sq Ft
02/27/2025 02/27/25 Rented $1,700 0.0% --
01/21/2025 01/21/25 Under Contract -- -- --
12/02/2024 12/02/24 Price Changed $1,700 -2.9% $1 / Sq Ft
11/24/2024 11/24/24 For Rent $1,750 0.0% --
11/18/2024 11/18/24 Rented $1,750 0.0% --
09/20/2024 09/20/24 For Rent $1,750 0.0% --
04/17/2017 04/17/17 Sold $95,000 -10.3% $55 / Sq Ft View Prior Sale
04/02/2017 04/02/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $105,900 -- $61 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Limited Warranty Deed $235,000 --
Warranty Deed $95,000 --
Warranty Deed -- --
Foreclosure Deed $46,000 --
Deed $91,000 --
Deed $74,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $0 No Value Available
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7636444

First Multiple Listing Service (FMLS)

APN: 16-059-04-001

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