NOT LISTED FOR SALE

5530 Marbut Forest Way Lithonia, GA 30058

Estimated Value: $235,000 - $254,000

3 Beds
2.5 Baths
1,619 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 24, 2013

Last sale price $50,000 $31 Per Sq Ft

Est. 385% increase in value since last sale

Current estimated payment $1,725/month

48 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Living Room
  • Traditional Architecture
  • Eat-In Kitchen
  • Central Air

About This Home

As of January 2013

SPLIT LEVEL HOME, FEATURES 3 BEDROOMS, 2.5 BATHS, NEW PAINT, CARPET, APPLIANCES, A/C CONDENSER, DECK, AND VINYL SIDING BUYERS SHOULD OBTAIN A FREE PREQUAL LETTER FROM WELLS FARGO HOME MTG OR AN ENTITY WHICH IS A JOINT VENTURE W/WELLS FARGO HOME MORTGAGE BY WORKING DIRECTLY W/A MRTAG CONSULTANT OR (PLEASE SEE PRIVATE REMARKS), BYRS ALSO HAVE THE OPTION TO PROVIDE PROOF OF OTHER CREDIT DECISION FINANCING OR A NACA LETTER

Last Listed By

Veda Nembhard

Ramzee Realty Group, Inc. License #155465 Listed on: 11/20/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 1987

Lot Details

  • 8,712

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Factory Built Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Carpet
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Panola Way Elementary School
  • Miller Grove Middle School
  • Lithonia High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Level Lot

Community Details

  • Marbut Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5530MARBUTFORESTWAY

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,493

Year Built

Built in 1987

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: Resale
  • Year Built: 1987
  • Levels Stories: One and One Half
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Refrigerator
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room
  • Dining Room Features: Separate Dining Room

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: MARBUT FOREST

Schools

  • Elementary School: Panola Way
  • Middle School: Miller Grove
  • High School: Lithonia

Lot Info

  • Lot Features: Level
  • Parcel Number: 5530MARBUTFORESTWAY
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 16 059 01 200
  • Close Date: 2013-01-24
  • Tax Year: 2011

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Panola Way
  • High School: Lithonia
  • Middle School: Miller Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2017
Sold by
2015B Property Owner Llc
Bought by
Tah 2017 2 Borrower Llc
Total Days on Market
48
Current Estimated Value
$242,475

Purchase Details

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

Purchase Details

Listed on
Nov 20, 2012
Closed on
Jan 24, 2013
Sold by
Peachtree City Financial L
Bought by
The American Home Real Estate
Seller's Agent
Veda Nembhard
Ramzee Realty Group, Inc.
Buyer's Agent
Kevin Kao
NOT A VALID MEMBER
List Price
$46,000
Sold Price
$50,000
Premium/Discount to List
$4,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%

Purchase Details

Closed on
May 1, 2012
Sold by
Armstead Larry J
Bought by
Us Bank National Association T

Purchase Details

Closed on
Feb 14, 2005
Sold by
Armstead Denna and Armstead Larry J
Bought by
Armstead Denna and Armstead Larry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1993
Sold by
Roberts Sandra R
Bought by
Favors Deanna and Armstead Larry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,650
Interest Rate
7.75%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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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
Tah 2017 2 Borrower Llc -- --
2015B Property Owner Llc $6,984,928 --
The American Home Real Estate $58,000 --
Peachtree City Financial Llc $50,000 --
Us Bank National Association T -- --
Armstead Denna -- --
Favors Deanna $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armstead Larry J $117,000
Previous Owner Armstead Denna $101,500
Previous Owner Favors Deanna $77,650
Closed Favors Deanna $4,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2013 01/24/13 Sold $50,000 +8.7% $31 / Sq Ft
12/25/2012 12/25/12 Pending -- -- --
11/20/2012 11/20/12 For Sale $46,000 -- $28 / 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 $4,493 $84,680 $6,000 $78,680
2022 $3,365 $69,000 $6,000 $63,000
2021 $2,377 $46,480 $6,000 $40,480
2020 $2,237 $43,280 $6,000 $37,280
2019 $1,859 $34,680 $6,000 $28,680
2018 $1,307 $30,400 $6,000 $24,400
2017 $1,561 $27,760 $3,040 $24,720
2016 $1,408 $24,240 $3,040 $21,200
2014 $949 $13,520 $3,040 $10,480
Source: Public Records

Agents Affiliated with this Home

  • Veda Nembhard

    Seller's Agent in 2013

    Veda Nembhard

    Ramzee Realty Group, Inc.

    (770) 363-1847

    7 in this area

    87 Total Sales

    Veda Nembhard
    Section Image

  • K

    Buyer's Agent in 2013

    Kevin Kao

    NOT A VALID MEMBER

    (404) 202-3855

    41 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5085114

First Multiple Listing Service (FMLS)

APN: 16-059-01-200

Georgia DeKalb County Lithonia 30058

5530 Marbut Forest Way, Lithonia, GA

Homes for Sale in Lithonia, GA

This home is located at 5530 Marbut Forest Way, Lithonia, GA 30058 since 20 November 2012 and is currently estimated at $242,475, approximately $149 per square foot. This property was built in 1987. 5530 Marbut Forest Way is a home located in DeKalb County with nearby schools including Panola Way Elementary School, Miller Grove Middle School, and Miller Grove High School.

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