$250,000
SOLD DEC 27, 2024

5549 Marbut Forest Way Lithonia, GA 30058

3 Beds
3 Baths
1,554 Sq Ft
0.6 Acres

Recently Sold

$161 Per Sq Ft

21 Days on Market

Highlights

  • Open-Concept Dining Room
  • Deck
  • Traditional Architecture
  • 0.6 Acre Lot
  • Property is near public transit
  • Cathedral Ceiling

About This Home

As of December 2024

This three bedroom, two bath split level with a one car garage has been recently updated and cosmetically overhauled for a turnkey move in. There’s a lot to talk about with 5549 Marbut Forest Way, so let’s get the location out of the way: amid the rolling, tree-swathed hills of Lithonia, nestled in an oversized, easygoing enclave, it's less than 5 minutes to Panola Rd for easy access to I20. Now, go ask your agent if this is true: Do some sellers intentionally set a low price when they want to sell quickly? It doesn't happen often, but the answer here is "YES". Priced at $249,900 to bring instant attention this one will not last long on the market. And while it won’t officially hit the market until October 10th, we expect it will go fast. So, if you're a ready-to-act buyer, call your agent today to arrange showing the day it hits the market and be prepared submit your best offer quickly because homes of this caliber at this price remain rare in this ever evolving market.

Last Agent to Sell the Property

Joshua Keen

Keller Williams Realty Metro Atlanta License #267264 Listed on: 10/10/2024

Keller Williams Realty Metro Atlanta

Last Buyer's Agent

Patricia Galindo

EXP Realty, LLC. License #419314

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,750

Year Built

  • Built in 1987

Lot Details

  • 0.6 Acre Lot
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof
  • Cement Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Family Room
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Neighborhood Views

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Phone Available
  • Cable TV Available

Community Details

  • Marbut Forest Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 16 059 01 195

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,750

Year Built

Built in 1987

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: 1987
  • Levels Stories: Multi/Split
  • Above Grade Finished Sq Ft: 1232.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Fireplace Features: Decorative, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Refrigerator, Range Hood
  • Interior Amenities: High Ceilings 9 ft Main, Cathedral Ceiling(s)
  • Basement: Other
  • Kitchen Features: Cabinets Other, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Square Footage: 1554.00
  • Spa Features: None
  • Window Features: None
  • Below Grade Finished Sq Ft: 322.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Pool Private: No
  • Foundation: None

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Number Of Parking Spaces: 1
  • Parking Features: Garage Door Opener, Garage Faces Front, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Garage, Laundry Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Near Public Transport, Near Schools, Near Shopping
  • Home Warranty: Yes
  • Subdivision Complex: Marbut Forest

Schools

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

Lot Info

  • Acres: 0.6000
  • Lot Features: Back Yard, Front Yard
  • Parcel Number: 16 059 01 195
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3750.00
  • Assessor Parcel Number: 16-059-01-195
  • Close Date: 2024-12-27
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Dec 27, 2024
Sold by
Girgodvill Llc
Bought by
Mendoza Heidy Gricelda Gomez
Seller's Agent
Joshua Keen
Keller Williams Realty Metro Atlanta
Buyer's Agent
Patricia Galindo
EXP Realty, LLC.
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Total Days on Market
21
Views
55
Current Estimated Value
$247,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,044
Avg. Annual Appreciation
-1.73%
Original Mortgage
$187,500
Outstanding Balance
$187,019
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$60,937

Purchase Details

Closed on
Jul 18, 2017
Sold by
Wce Holdings B Llc
Bought by
Girgodvill Llc

Purchase Details

Listed on
Mar 1, 2017
Closed on
Mar 30, 2017
Sold by
Anglin Kirk George
Bought by
Wce Holdings B Llc
Seller's Agent
ANGELEE BROWN
NOT A VALID MEMBER
Buyer's Agent
Costa Panos
Realty Associates of Atlanta, LLC.
List Price
$64,900
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.71%
Original Mortgage
$87,187
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2015
Sold by
Terborg Oswald
Bought by
Anglin Kirk George

Purchase Details

Closed on
Aug 30, 2012
Sold by
Balmaceda Jonothan
Bought by
Terborg Oswald

Purchase Details

Closed on
Aug 25, 2011
Sold by
Mpo Properties Llc
Bought by
Balmaceda Jonothan

Purchase Details

Closed on
Mar 31, 2010
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Mpo Properties Llc

Purchase Details

Closed on
Dec 1, 2009
Sold by
Bac Hm Lns Svcng Lp
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Sep 27, 2002
Sold by
Martin John E and Martin Tamor B
Bought by
Das Ashoke K and Das Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,750
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 1995
Sold by
Va
Bought by
Martin John Tamor
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 $250,000 --
Warranty Deed $133,850 --
Warranty Deed $64,900 --
Warranty Deed $59,000 --
Warranty Deed $4,000 --
Warranty Deed -- --
Deed -- --
Deed -- --
Foreclosure Deed $74,832 --
Deed $103,100 --
Deed $80,250 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,500 New Conventional
Previous Owner $87,187 New Conventional
Previous Owner $92,750 New Conventional
Closed $0 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $250,000 0.0% $161 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $249,900 +285.1% $161 / Sq Ft
03/30/2017 03/30/17 Sold $64,900 0.0% $53 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $64,900 -- $53 / 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 $4,228 $77,080 $6,160 $70,920
2022 $3,399 $70,000 $6,160 $63,840
2021 $2,604 $51,880 $6,160 $45,720
2020 $2,448 $48,320 $6,160 $42,160
2019 $2,241 $43,600 $6,160 $37,440
2018 $1,722 $39,520 $6,160 $33,360
2017 $1,589 $27,760 $3,120 $24,640
2016 $1,423 $24,800 $3,120 $21,680
2014 $1,313 $21,760 $3,120 $18,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7465289

First Multiple Listing Service (FMLS)

APN: 16-059-01-195