$93,500
SOLD JAN 31, 2017

5522 Marbut Rd Lithonia, GA 30058

3 Beds
2 Baths
1,170 Sq Ft
0.4 Acres

Recently Sold

$80 Per Sq Ft

6% Below List Price

35 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Stone Countertops
  • Private Lot
  • Great Room
  • Laundry in Mud Room

About This Home

As of December 2022

Priced to sell fast!! Come see this fully renovated charmer in a great location. Entire house has been renovated, granite countertops in kitchen and bathrooms. Stainless steel appliances, new roof, spacious design. Perfect for first time home buyers.

Last Agent to Sell the Property

Crayton Lankford

BHGRE Metro Brokers License #134079 Listed on: 12/07/2016

BHGRE Metro Brokers

Last Buyer's Agent

Trevor Lucas

NOT A VALID MEMBER License #366406

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 1983

Lot Details

  • 0.4 Acre Lot
  • Fenced
  • Private Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Great Room
  • Family Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry Room

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • Energy-Efficient HVAC
  • Property is near public transit

Community Details

  • Ridgefield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16 059 03 020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,422

Year Built

Built in 1983

Lot Details

0

Parking

1

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: 1983
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Microwave, Tankless Water Heater
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story
  • Square Footage: 1170.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Fencing: Fenced

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Garage, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Mud Room

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Ridgefield

Schools

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

Lot Info

  • Acres: 0.4000
  • Land/Lot: 59
  • Deed Book: 25646
  • Deed Page: 00028
  • Lot Features: Level, Private
  • Lot Dimensions: .40
  • Parcel Number: 16 059 03 020
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC

Tax Info

  • Taxes: 1422.00
  • Assessor Parcel Number: 16-059-03-020
  • Close Date: 2017-01-31
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Panola Way
  • High School: Redan
  • Middle School: Redan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2016
Closed on
Jan 31, 2017
Sold by
Navar Investments Group Inc
Bought by
R & B Lucas Investments Lp
Seller's Agent
Crayton Lankford
BHGRE Metro Brokers
Buyer's Agent
Trevor Lucas
NOT A VALID MEMBER
List Price
$99,900
Sold Price
$93,500
Premium/Discount to List
-$6,400
-6.41%
Current Estimated Value
$237,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,390
Avg. Annual Appreciation
11.60%

Purchase Details

Listed on
May 31, 2016
Closed on
Jun 24, 2016
Sold by
Ahmad Nasir
Bought by
Navar Investment Grp Inc
Seller's Agent
Marwan Karaa
RE/MAX Metro Atlanta Cityside
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$39,900
Sold Price
$36,000
Premium/Discount to List
-$3,900
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
378.10%

Purchase Details

Listed on
May 31, 2016
Closed on
Jun 22, 2016
Sold by
Collinwoods Holdings Llc
Bought by
Ahmad Nasir
Seller's Agent
Marwan Karaa
RE/MAX Metro Atlanta Cityside
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$39,900
Sold Price
$36,000
Premium/Discount to List
-$3,900
-9.77%

Purchase Details

Closed on
Dec 2, 2014
Sold by
Styles Claudine S
Bought by
Collinwoods Holdings Llc

Purchase Details

Closed on
Aug 1, 1997
Sold by
Oconnor Frank L and Oconnor Marsha
Bought by
Styles Claudine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,050
Interest Rate
7.59%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Warranty Deed $93,500 --
Warranty Deed -- --
Warranty Deed $36,000 --
Deed $21,000 --
Deed $79,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,505 VA
Closed $255,647 VA
Previous Owner $118,000 Stand Alone Second
Previous Owner $94,500 Stand Alone Second
Previous Owner $12,630 Stand Alone Second
Previous Owner $7,156 Stand Alone Refi Refinance Of Original Loan
Previous Owner $77,050 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $249,900 0.0% $214 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $249,900 -3.8% $214 / Sq Ft
11/01/2022 11/01/22 Price Changed $259,900 -3.7% $222 / Sq Ft
10/14/2022 10/14/22 For Sale $269,900 +8.0% $231 / Sq Ft
10/13/2022 10/13/22 Off Market $249,900 -- --
10/13/2022 10/13/22 For Sale $269,900 0.0% $231 / Sq Ft
02/22/2019 02/22/19 Rented $1,250 0.0% --
02/03/2019 02/03/19 For Rent $1,250 +11.1% --
03/10/2018 03/10/18 Rented $1,125 0.0% --
03/02/2018 03/02/18 For Rent $1,125 0.0% --
01/31/2017 01/31/17 Sold $93,500 -6.4% $80 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
12/29/2016 12/29/16 For Sale $99,900 0.0% $85 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
12/07/2016 12/07/16 For Sale $99,900 +177.5% $85 / Sq Ft
06/22/2016 06/22/16 Sold $36,000 -9.8% $31 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $39,900 -- $34 / 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 $2,935 $82,600 $15,200 $67,400
2022 $3,056 $61,640 $7,600 $54,040
2021 $2,358 $45,720 $4,360 $41,360
2020 $1,889 $35,040 $4,360 $30,680
2019 $1,782 $32,600 $4,360 $28,240
2018 $1,649 $34,960 $4,360 $30,600
2017 $1,009 $14,384 $2,344 $12,040
2016 $1,422 $24,240 $4,360 $19,880
2014 $503 $15,720 $3,440 $12,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5780832

First Multiple Listing Service (FMLS)

APN: 16-059-03-020