NOT LISTED FOR SALE

5582 Fair Creek Way Lithonia, GA 30038

Lithonia Neighborhood

Estimated Value: $133,000 - $209,000

3 Beds
2.5 Baths
1,416 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $57,200 $40 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,229/month

Highlights

  • Traditional Architecture
  • Private Yard
  • Walk-In Closet
  • Wood Flooring
  • Eat-In Kitchen
  • Patio

About This Home

As of September 2016

Lovely 3 bedroom, 2.5 bath in Fairington Commons! Home Features laminate floors, updated HVAC and all kitchen appliances. Spacious bedrooms, private back yard and patio! This one will not last long!! Sold AS-IS.

Last Agent to Sell the Property

Wayne Tingle

NOT A VALID MEMBER License #299132 Listed on: 08/19/2016

Last Buyer's Agent

Anita Ling

The Guardian Property Management License #203780

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1999

Lot Details

  • Lot Dimensions are 20x111x20x116
  • Two or More Common Walls
  • Private Yard

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • Insulated Windows
  • Family Room
  • Pull Down Stairs to Attic
  • Open Access
  • Laundry in Kitchen

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Fairington Elementary School
  • Salem Middle School
  • Martin Luther King Jr High School

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Accessible Entrance
  • Energy-Efficient Windows
  • Patio

Community Details

  • $150 Initiation Fee
  • Rainbow Communities Association
  • Secondary HOA Phone (770) 918-2561
  • Fairington Commons Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 16 055 01 087

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,000

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: Condominium
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 1999
  • Accessibility Features: Accessible Entrance
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Interior Amenities: Disappearing Attic Stairs, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Laminate Counters
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 1416.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Private Yard

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Security: Open Access
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump
  • Laundry Features: In Kitchen

Condo/Co-op/Association

  • Community Features: Homeowners Assoc
  • Association Fee: 373
  • Association Fee Frequency: Annually
  • F H A Condo Approval: Yes
  • Association: Yes
  • Management Company Email: rainbowmanagemnt@bellsouth.net
  • Management Phone: 770-918-2561
  • Subdivision Complex: Fairington Commons

Association/Amenities

  • Management Company: Rainbow Communities

Schools

  • Elementary School: Fairington
  • Middle School: Salem
  • High School: Martin Luther King Jr

Lot Info

  • Lot: 19
  • Land/Lot: 55
  • Deed Book: 23106
  • Deed Page: 158
  • Plat Book: 107
  • Plat Page: 36-38
  • Lot Dimensions: 20x111x20x116
  • Parcel Number: 16 055 01 087
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Windows

Rental Info

  • Initiation Fee: 150

Tax Info

  • Taxes: 1000.00
  • Assessor Parcel Number: 16-055-01-087
  • Close Date: 2016-09-23
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Fairington
  • High School: Martin Luther King Jr
  • Middle School: Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
Sep 23, 2016
Sold by
Us & Ga Property Investments Fun
Bought by
Lin Hsu Jenny and Lin Sun
Seller's Agent
Wayne Tingle
NOT A VALID MEMBER
Buyer's Agent
Anita Ling
The Guardian Property Management
List Price
$59,000
Sold Price
$57,200
Premium/Discount to List
-$1,800
-3.05%
Current Estimated Value
$171,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,056
Avg. Annual Appreciation
12.94%

Purchase Details

Closed on
Apr 30, 2012
Sold by
Wri Capital Grp Ii Llc
Bought by
Us Ga Property Investment Fund

Purchase Details

Listed on
Oct 2, 2011
Closed on
Jan 26, 2012
Sold by
Secretary Of Housing And U
Bought by
Wri Capital Grp Ii Llc
Seller's Agent
John Sinclair
NOT A VALID MEMBER
Buyer's Agent
LESLIE POPP
NOT A VALID MEMBER
List Price
$31,000
Sold Price
$25,000
Premium/Discount to List
-$6,000
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%

Purchase Details

Closed on
Jun 7, 2011
Sold by
Hickson Mary A
Bought by
Georgia Housing & Finance Auth

Purchase Details

Closed on
Aug 27, 1999
Sold by
Eastland Homes Inc
Bought by
Hickson Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,192
Interest Rate
7.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Lin Hsu Jenny $57,200 --
Us Ga Property Investment Fund $55,000 --
Wri Capital Grp Ii Llc $25,000 --
Georgia Housing & Finance Auth $86,385 --
Hickson Mary A $75,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hickson Mary A $75,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $57,200 -3.1% $40 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $59,000 +136.0% $42 / Sq Ft
01/26/2012 01/26/12 Sold $25,000 -19.4% $18 / Sq Ft
12/27/2011 12/27/11 Pending -- -- --
10/02/2011 10/02/11 For Sale $31,000 -- $22 / 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 $3,532 $69,720 $10,000 $59,720
2023 $3,532 $62,040 $10,000 $52,040
2022 $2,735 $54,800 $4,400 $50,400
2021 $2,132 $40,440 $4,400 $36,040
2020 $1,755 $32,320 $4,400 $27,920
2019 $1,640 $29,920 $4,400 $25,520
2018 $1,459 $25,960 $4,400 $21,560
2017 $1,286 $21,760 $4,400 $17,360
2016 $1,000 $15,240 $1,720 $13,520
2014 $738 $9,080 $1,680 $7,400
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    Wayne Tingle

    NOT A VALID MEMBER

    Section Image
  • Anita Ling

    Buyer's Agent in 2016

    Anita Ling

    The Guardian Property Management

    (678) 886-0916

    2 in this area

    16 Total Sales

    Anita Ling
    Section Image

  • J

    Seller's Agent in 2012

    John Sinclair

    NOT A VALID MEMBER

    Section Image

  • J

    Seller Co-Listing Agent in 2012

    John Teschner

    NOT A VALID MEMBER

    Section Image

  • L

    Buyer's Agent in 2012

    LESLIE POPP

    NOT A VALID MEMBER

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5735974

First Multiple Listing Service (FMLS)

APN: 16-055-01-087

Georgia DeKalb County Lithonia 30038 Lithonia

5582 Fair Creek Way, Lithonia, GA

This home is located at 5582 Fair Creek Way, Lithonia, GA 30038 since 19 August 2016 and is currently estimated at $171,256, approximately $120 per square foot. This property was built in 1999. 5582 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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