NOT LISTED FOR SALE

5543 Fair Creek Way Lithonia, GA 30038

Lithonia Neighborhood

Estimated Value: $141,000 - $184,000

2 Beds
2.5 Baths
1,376 Sq Ft
$115/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $84,000 $61 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,161/month

Highlights

  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • Walk-In Closet
  • Traditional Architecture
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of November 2019

IMMACULATE fee simple townhome with low HOA and no rental restrictions! GREAT for first time homebuyer or savvy investor ready for some rental income. New gorgeous bamboo floors and interior paint, bright eat in kitchen and plenty of closet space. Laundry room upstairs plus private backyard that can be fenced! Exterior storage closet included! Very close to shopping, restaurants, and the interstate. You really need to check this one out!

Last Agent to Sell the Property

Marc Takacs

Keller Williams Premier License #272594 Listed on: 10/18/2019

Keller Williams Premier

Co-Listed By

Joel Madden

Keller Wms Re Atl Midtown License #250506

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,451

Year Built

  • Built in 1999

Lot Details

  • 4,356 Sq Ft Lot
  • No Common Walls
  • Back Yard

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,376 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Fairington Elementary School
  • Salem Middle School
  • Lithonia High School

Utilities

  • Central Heating and Cooling System

Community Details

  • $150 Initiation Fee
  • 20 Units
  • Fairington Commons HOA, Phone Number (770) 918-2561
  • Secondary HOA Phone (678) 613-0994
  • Fairington Commons Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 16-055 -01-117

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,451

Year Built

Built in 1999

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 1999
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Laminate Counters, Eat-in Kitchen, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1376.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Sitting Room
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Upper Floor
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 373
  • Association Fee Frequency: Annually
  • F H A Condo Approval: Yes
  • Association: Yes
  • Hoa Contact Phone: 770-918-2561
  • Management Company Email: RainbowManagement@bellsouth.net
  • Management Phone: 678-613-0994
  • Subdivision Complex: Fairington Commons

Association/Amenities

  • Number Of Units In Community: 20
  • Management Company: Fairington Commons HOA

Schools

  • Elementary School: Fairington
  • Middle School: Salem
  • High School: Lithonia

Lot Info

  • Acres: 0.1000
  • Lot Features: Back Yard
  • Parcel Number: 16-055 -01-117
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 150

Tax Info

  • Taxes: 1451.00
  • Assessor Parcel Number: 16-055 -01-117
  • Close Date: 2019-11-08
  • Tax Year: 2018

MLS Schools

  • Elementary School: Fairington
  • High School: Lithonia
  • Middle School: Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Dec 12, 2019
Sold by
Guiar Llc
Bought by
Grero Llc
Seller's Agent
Marc Takacs
Keller Williams Premier
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$89,900
Sold Price
$84,000
Premium/Discount to List
-$5,900
-6.56%
Current Estimated Value
$158,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,805
Avg. Annual Appreciation
14.51%

Purchase Details

Listed on
Oct 18, 2019
Closed on
Nov 8, 2019
Sold by
Ramsay Marc Anthony
Bought by
Guiar Llc
Seller's Agent
Marc Takacs
Keller Williams Premier
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$89,900
Sold Price
$84,000
Premium/Discount to List
-$5,900
-6.56%

Purchase Details

Closed on
Nov 17, 2009
Sold by
Ramsay Michael and Ramsay Althea
Bought by
Ramsay Marc A and Ramsay Althea

Purchase Details

Closed on
May 5, 2009
Sold by
Forshee Alvin J
Bought by
Gsamp Trust 2005-He5

Purchase Details

Closed on
Aug 19, 2005
Sold by
Albrittian-Hall Adelia
Bought by
Forshee Alvin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2002
Sold by
Albrittian Adelia
Bought by
Albrittian-Hall Adelia

Purchase Details

Closed on
Aug 27, 1999
Sold by
Eastland Homes Inc
Bought by
Albrittian Adelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,271
Interest Rate
7.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Grero Llc $108,000 --
Guiar Llc $84,000 --
Ramsay Marc A -- --
Ramsay Michael $26,000 --
Gsamp Trust 2005-He5 $32,000 --
Forshee Alvin J $95,000 --
Albrittian-Hall Adelia -- --
Albrittian Adelia $75,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forshee Alvin J $88,441
Previous Owner Forshee Alvin J $85,500
Previous Owner Albrittian Adelia $76,581
Previous Owner Albrittian Adelia $75,271
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $84,000 -6.6% $61 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $89,900 -- $65 / 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 $3,493 $68,840 $10,000 $58,840
2023 $3,493 $69,440 $10,000 $59,440
2022 $2,695 $53,880 $4,400 $49,480
2021 $2,098 $39,680 $4,400 $35,280
2020 $2,236 $43,200 $4,400 $38,800
2019 $1,624 $29,560 $4,400 $25,160
2018 $1,087 $25,560 $4,400 $21,160
2017 $1,261 $21,200 $1,720 $19,480
2016 $1,263 $21,200 $1,720 $19,480
2014 $729 $8,880 $1,680 $7,200
Source: Public Records

Agents Affiliated with this Home

  • Marc Takacs

    Seller's Agent in 2019

    Marc Takacs

    Keller Williams Premier

    (706) 237-8125

    58 Total Sales

    Marc Takacs
    Section Image
  • Joel Madden

    Seller Co-Listing Agent in 2019

    Joel Madden

    Keller Wms Re Atl Midtown

    (404) 353-4500

    3 in this area

    139 Total Sales

    Joel Madden
    Section Image

  • N

    Buyer's Agent in 2019

    NON-MLS NMLS

    Non FMLS Member

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6633993

First Multiple Listing Service (FMLS)

APN: 16-055-01-117

Georgia DeKalb County Lithonia 30038 Lithonia

5543 Fair Creek Way, Lithonia, GA

This home is located at 5543 Fair Creek Way, Lithonia, GA 30038 since 18 October 2019 and is currently estimated at $158,805, approximately $115 per square foot. This property was built in 1999. 5543 Fair Creek Way is a home located in DeKalb County with nearby schools including Fairington Elementary School, Salem Middle School, and Martin Luther King- Jr. High School.

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