NOT LISTED FOR SALE

5501 Covent Way Lithonia, GA 30058

Estimated Value: $208,000 - $244,000

3 Beds
2 Baths
1,336 Sq Ft
$173/Sq Ft Est. Value

Highlights

  • 0.5 Acre Lot
  • 1 Fireplace
  • Cooling Available
  • Traditional Architecture
  • No HOA
  • 1-Story Property

About This Home

As of March 2023

Looking for your dream home? Through our seamless leasing process, this beautifully designed home is move-in ready. Our spacious layout is perfect for comfortable living that you can enjoy with your pets too; we’re proud to be pet friendly. Our homes are built using high-quality, eco-friendly materials with neutral paint colors, updated fixtures, and energy-efficient appliances. Enjoy the backyard and community to unwind after a long day, or simply greet neighbors, enjoy the fresh air, and gather for fun-filled activities. Ready to make your next move your best move? To tour this home, contact the Main Street Renewal leasing team or simply submit an application. Once your application is accepted, you may schedule a tour by calling the leasing team.

Last Agent to Rent the Property

Iesha Akies

Main Street Renewal LLC License #413501 Listed on: 02/15/2023

Last Renter's Agent

Spencer Lindahl

Main Street Renewal LLC License #350358

Main Street Renewal LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,827

Year Built

  • Built in 1979

Lot Details

  • 0.5

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,336 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • 0.5 Acre Lot
  • Cooling Available

Community Details

  • No Home Owners Association
  • Kings Cross Subdivision

Listing and Financial Details

  • Security Deposit $1,645
  • 12-Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,827

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Pet Deposit: 250
  • Security Deposit: 1645

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1979
  • ArchitecturalStyle: Traditional
  • Financing Type: LEASE
  • Levels: One
  • Lot Size Acres: .50
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Max Rental Period Months: 12
  • Min Rental Period Months: 12
  • Total Finished Area2: 1336
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1336
  • Above Grade Finished Sq Ft: 1336
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Price Per Square Foot: 1.23

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Vinyl Siding
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Electric
  • Heating: Other
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights
  • PetsAllowed: Yes

Fee Information

  • Fee Paid: No
  • Association Fee Includes: None

Schools

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2019
Sold by
Op Spe Tpa1 Llc
Bought by
Sunfire 3 Llc
Current Estimated Value
$230,749

Purchase Details

Closed on
Aug 2, 2019
Sold by
Nuvote Equity Investment Llc
Bought by
Op Spe Tpa1 Llc

Purchase Details

Closed on
Nov 1, 2016
Sold by
Donna S
Bought by
Nuvote Equity Investment Llc

Purchase Details

Closed on
Jun 5, 2007
Sold by
American General Finl & Svcs
Bought by
Perkins William D and Perkins Donna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,749
Interest Rate
6.52%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2006
Sold by
Hammond Brenda G
Bought by
American General Finl Svcs

Purchase Details

Closed on
Sep 12, 1994
Sold by
Hendricks Raymond J Arlene A
Bought by
Hammond Brenda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,550
Interest Rate
8.37%
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
Sunfire 3 Llc $106,000 --
Op Spe Tpa1 Llc $115,198 --
Nuvote Equity Investment Llc $59,000 --
Perkins William D $100,800 --
American General Finl Svcs $106,815 --
Hammond Brenda G $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perkins William D $101,245
Previous Owner Perkins William D $99,749
Previous Owner Hammond Brenda G $89,100
Previous Owner Hammond Brenda G $66,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Rented $1,645 0.0% --
02/15/2023 02/15/23 For Rent $1,645 -- --
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
2024 $4,827 $99,880 $16,000 $83,880
2023 $4,827 $99,880 $16,000 $83,880
2022 $2,214 $42,400 $5,040 $37,360
2021 $2,375 $46,080 $5,040 $41,040
2020 $2,072 $46,080 $5,040 $41,040
2019 $2,237 $42,920 $6,000 $36,920
2018 $1,071 $29,640 $4,080 $25,560
2017 $1,535 $26,800 $4,080 $22,720
2016 $475 $24,960 $4,080 $20,880
2014 $492 $28,000 $4,080 $23,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20103683

Georgia MLS

APN: 16-037-05-036