$49,000
SOLD FEB 8, 2013

5516 Marbut Forest Ct Lithonia, GA 30058

4 Beds
3 Baths
1,500 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

51% Above List Price

21 Days on Market

Highlights

  • Bonus Room
  • Combination Dining and Living Room
  • Family Room

About This Home

As of February 2013

SPLIT LEVEL HOME WITH FINISHED LOWER LEVEL. GREAT INVESTMENT PROPERTY, CLOSE TO THE CITY AND ALL SHOPPING. MARTA ACCESS. LOCATED IN A QUIET CULDESAC. BANK OF AMERICA, N.A. OR MERRILL LYNCH PREQUALIFICATION REQUIRED ON ALL OFFERS AND SUBJECT TO BOA LENDING GUIDELINES. PLEASE ALLOW 2-3 BUSINESS DAYS FOR SELLER REPSONSE.

Last Agent to Sell the Property

Michael Dickson

Dickson Realty Group, Inc. License #316271 Listed on: 10/24/2012

Last Buyer's Agent

Lee Budden

Rock River Realty LLC License #301062

Rock River Realty LLC

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,574

Year Built

  • 1986

Home Design

  • Slab Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Bonus Room

Schools

  • Panola Way / Dekalb / Dekalb County Elementary School
  • Miller Grove / Dekalb / Dekalb County Middle School
  • Miller Grove / Dekalb / Dekalb County High School

Property Details

Home Type

Other

Est. Annual Taxes

$4,574

Year Built

1986

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1986

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Masonry
  • Basement: Slab/None
  • Kitchen Equipment: Dishwasher, Range/Oven, Refrigerator
  • Interior Amenities: Cable TV Connections, Vaulted Ceilings, Entrance Foyer, Pulldown Attic Stairs, Tile Bath, Wall-to-wall Carpet
  • Total Finished Sq Ft: 1500
  • Kitchen / Breakfast: Breakfast Area

Exterior Features

  • Construction: Brick/Frame
  • Roof Type: Composition

Garage/Parking

  • Parking: 1 Car, Attached, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Central
  • Water/Sewer: Public Water, Sewer Connected

Schools

  • Elementary School: Panola Way / Dekalb / Dekalb County, GA
  • Elementary Bus Line: Yes
  • High School: Miller Grove / Dekalb / Dekalb County, GA
  • High School Bus: Yes
  • Middle School: Miller Grove / Dekalb / Dekalb County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Cul De Sac
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2017
Sold by
2015B Property Owner Llc
Bought by
Tah 2017 1 Borrower Llc and C/O Tricon American Homes Llc

Purchase Details

Closed on
Apr 1, 2015
Sold by
American Home Real Estate Part
Bought by
2015B Property Owner Llc

Purchase Details

Listed on
May 17, 2013
Closed on
Aug 1, 2013
Sold by
American Home Real Estate
Bought by
American Home Real Estate Part
Seller's Agent
Allyson Conrad
The American Home Property Mg
Buyer's Agent
Glenda Broker
Non-Mls Company
Sold Price
$900

Purchase Details

Listed on
Oct 24, 2012
Closed on
Jan 28, 2013
Sold by
The Bank Of New York Mello
Bought by
The American Home Real Estate
Seller's Agent
Michael Dickson
Dickson Realty Group, Inc.
Buyer's Agent
Lee Budden
Rock River Realty LLC
List Price
$32,500
Sold Price
$49,000
Premium/Discount to List
$16,500
50.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%

Purchase Details

Closed on
Oct 2, 2012
Sold by
Agent Winston George Reid
Bought by
Bank Of New York Mellon Truste

Purchase Details

Closed on
Sep 27, 2006
Sold by
Gray Paul A
Bought by
Reid Winston G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Interest Rate
9.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2000
Sold by
Mcqueen Michael T and Mcqueen Wanda R
Bought by
Gray Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
8.05%
Mortgage Type
VA
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 Type Sale Price Title Company
Limited Warranty Deed -- --
Limited Warranty Deed $6,984,928 --
Warranty Deed -- --
Warranty Deed $49,000 --
Foreclosure Deed $28,800 --
Deed $129,000 --
Deed $99,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $122,550 New Conventional
Previous Owner $104,100 VA
Previous Owner $99,900 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 For Rent $1,749 +84.1% --
09/25/2015 09/25/15 Rented $950 +5.6% --
09/04/2015 09/04/15 Under Contract -- -- --
06/28/2013 06/28/13 Rented $900 0.0% --
05/29/2013 05/29/13 Under Contract -- -- --
05/17/2013 05/17/13 For Rent $900 0.0% --
02/08/2013 02/08/13 Sold $49,000 +50.8% $33 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
10/24/2012 10/24/12 For Sale $32,500 -- $22 / Sq Ft
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
2023 $4,574 $46,984 $6,000 $40,984
2022 $2,404 $46,984 $6,000 $40,984
2021 $2,515 $49,520 $6,000 $43,520
2020 $2,217 $42,720 $6,000 $36,720
2019 $2,048 $38,880 $6,000 $32,880
2018 $1,246 $28,120 $6,000 $22,120
2017 $1,562 $27,680 $3,040 $24,640
2016 $1,363 $23,120 $3,040 $20,080
2014 $922 $12,800 $3,040 $9,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07009711

Georgia MLS

APN: 16-059-01-215