NOT LISTED FOR SALE

5516 Covent Way Lithonia, GA 30058

Estimated Value: $226,000 - $272,000

4 Beds
3 Baths
2,047 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 03, 2015

Last sale price $56,500 $28 Per Sq Ft

Est. 346% increase in value since last sale

Current estimated payment $1,709/month

Highlights

  • Deck
  • Formal Dining Room
  • Cul-De-Sac
  • Traditional Architecture
  • White Kitchen Cabinets
  • Walk-In Closet

About This Home

As of February 2015

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.

Interested in this home? You clearly have exceptional taste. Like all our homes, this one features: a great location in a desirable neighborhood, a comfortable layout with good-sized bedrooms and bathrooms, a great kitchen with plenty of counter and cabinet space, many updated and upgraded features, central HVAC and programmable thermostat, garage and a spacious yard, and it's pet friendly. Call or click to schedule a tour or submit your application online at today!

At Progress Residential® we're here to serve you and make your time in the home as convenient as possible. We offer: a safe and secure online portal where you can place maintenance requests and pay online, multiple payment options, 24/7 Emergency maintenance response team available even on weekends, and well-maintained homes with regular preventative maintenance.

Last Agent to Sell the Property

Penny Brown

Orchard Brokerage LLC License #340656 Listed on: 11/11/2014

Orchard Brokerage LLC

Last Buyer's Agent

Jeffrey Stevenson

HomeSmart License #337767

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 0.3

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Split Level Home
  • Frame Construction
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 2,047 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room

Kitchen

  • Electric Range
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • Walk-In Closet

Finished Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Deck
  • Patio

Schools

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

Additional Features

  • Cul-De-Sac
  • Heating System Uses Natural Gas

Community Details

  • Kings Crossing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5516COVENTWAY

Home Details

Home Type

Single Family

Est. Annual Taxes

$897

Year Built

Built in 1980 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Year Built: 1980
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Basement: Finished, Partial
  • Kitchen Features: Cabinets White
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2047.00

Beds/Baths

  • Total Bedrooms: 4
  • Lower Bedrooms: 1
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1

Exterior Features

  • Construction Materials: Frame, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: In Basement

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: KINGS CROSSING

Schools

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

Lot Info

  • Deed Book: 24269
  • Deed Page: 705
  • Lot Features: Cul-De-Sac
  • Parcel Number: 5516COVENTWAY
  • Property Attached Yn: No

Tax Info

  • Taxes: 897.00
  • Assessor Parcel Number: 16-037-07-024
  • Close Date: 2015-02-03
  • Tax Year: 2013

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2018
Sold by
Rha 1 Llc
Bought by
Fyr Sfr Borrower Llc
Current Estimated Value
$251,808

Purchase Details

Listed on
Nov 11, 2014
Closed on
Mar 18, 2015
Sold by
Olmsted Properties Inc
Bought by
Rha 1 Llc
Seller's Agent
Penny Brown
Orchard Brokerage LLC
Buyer's Agent
Jeffrey Stevenson
HomeSmart
List Price
$65,000
Sold Price
$56,500
Premium/Discount to List
-$8,500
-13.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.25%

Purchase Details

Listed on
Nov 11, 2014
Closed on
Jan 29, 2015
Sold by
Csfr Colfin American Investors
Bought by
Olmsted Properties Inc
Seller's Agent
Penny Brown
Orchard Brokerage LLC
Buyer's Agent
Jeffrey Stevenson
HomeSmart
List Price
$65,000
Sold Price
$56,500
Premium/Discount to List
-$8,500
-13.08%

Purchase Details

Closed on
Feb 5, 2014
Sold by
Colfin Ai Ga 1 Llc
Bought by
Csfr Colfin American Investors

Purchase Details

Closed on
Aug 6, 2013
Sold by
Gouldstone Craig
Bought by
Colfin Ai Ga 1 Llc

Purchase Details

Closed on
Mar 10, 2000
Sold by
Gouldstone Craig
Bought by
Gouldstone Joan E and Craig In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,275
Interest Rate
9.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2000
Sold by
Danomah Joseph N
Bought by
Gouldstone Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,275
Interest Rate
9.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 1994
Sold by
Maxwell Susan K
Bought by
Donamah Joseph N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,050
Interest Rate
7.26%
Mortgage Type
FHA
Source: Public Records

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
Fyr Sfr Borrower Llc $115,149 --
Rha 1 Llc $75,000 --
Olmsted Properties Inc $56,500 --
Csfr Colfin American Investors -- --
Colfin Ai Ga 1 Llc $26,500 --
Gouldstone Joan E -- --
Gouldstone Craig $81,500 --
Donamah Joseph N $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gouldstone Craig $90,000
Previous Owner Gouldstone Craig $69,275
Previous Owner Donamah Joseph N $66,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2025 02/08/25 Off Market -- -- --
01/24/2025 01/24/25 For Rent -- -- --
02/03/2015 02/03/15 Sold $56,500 -13.1% $28 / Sq Ft
01/04/2015 01/04/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $65,000 -- $32 / 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 $4,542 $93,360 $16,000 $77,360
2023 $4,542 $90,520 $16,000 $74,520
2022 $3,617 $74,360 $6,000 $68,360
2021 $2,469 $48,200 $6,000 $42,200
2020 $2,235 $42,880 $6,000 $36,880
2019 $1,626 $29,000 $6,000 $23,000
2018 $1,239 $28,120 $4,080 $24,040
2017 $1,683 $30,160 $4,080 $26,080
2016 $1,352 $22,600 $3,360 $19,240
2014 $896 $12,000 $3,360 $8,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5365841

First Multiple Listing Service (FMLS)

APN: 16-037-07-024