NOT LISTED FOR SALE

5622 Fair Creek Way Unit 1 Lithonia, GA 30038

Lithonia Neighborhood

Estimated Value: $132,000 - $198,000

3 Beds
2.5 Baths
1,416 Sq Ft
$117/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $50,000 $35 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $1,201/month

Highlights

  • Traditional Architecture
  • Great Room
  • Open to Family Room
  • Wood Flooring
  • Private Yard
  • Ceiling height of 9 feet on the main level

About This Home

As of June 2016

LOVELY 3BR/2.5BA IN FAIRINGTON COMMONS! HOME FEATURES SPACIOUS BEDROOMS, PRIVATE BACK YARD WITH PATIO AND MUCH MORE! A MUST SEE!!

Last Agent to Sell the Property

THE KURZNER GROUP

Resideum Real Estate License #154646 Listed on: 04/20/2016

Last Buyer's Agent

Michael Daniels

NOT A VALID MEMBER License #334938

NOT A VALID MEMBER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $739

Year Built

  • Built in 1999

Lot Details

  • Two or More Common Walls
  • Private Yard

HOA Fees

  • $32 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Split Level Home
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Great Room
  • Family Room
  • Open Access

Kitchen

  • Open to Family Room
  • 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

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Parking

  • 2 Parking Spaces
  • Parking Lot
  • Assigned Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Patio

Listing and Financial Details

  • Legal Lot and Block 29 / 1
  • Assessor Parcel Number 16 055 01 097

Community Details

Overview

  • Rainbow Communities Association, Phone Number (770) 918-2561
  • Secondary HOA Phone (770) 918-2561
  • Fairington Commons Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$739

Year Built

Built in 1999

Lot Details

0

HOA Fees

$32 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: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Main, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Laminate Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story
  • Square Footage: 1416.00

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: Frame, Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Private Yard

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Parking Lot

Utilities

  • Security: Fire Alarm, Open Access, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric, Forced Air
  • Laundry Features: In Kitchen, Main Level

Condo/Co-op/Association

  • Community Features: Homeowners Assoc
  • Association Fee: 32
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-918-2561
  • Management Company Email: info@rainbowcommunitiesmanagement.com
  • Management Phone: 770-918-2561
  • Subdivision Complex: Fairington Commons

Association/Amenities

  • Number Of Units In Community: 1
  • Management Company: Rainbow Communities

Schools

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

Lot Info

  • Lot: 29
  • Lot Dimensions: 0.1
  • Parcel Number: 16 055 01 097
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 739.00
  • Assessor Parcel Number: 16-055-01-097
  • Close Date: 2016-06-17
  • Tax Year: 2014

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2019
Sold by
Heritage Medical Inc
Bought by
Yb Properties Llc
Current Estimated Value
$165,663

Purchase Details

Listed on
Apr 20, 2016
Closed on
Jun 17, 2016
Sold by
Starwood Waypoint Trs Llc
Bought by
Heritage Medical Inc
Seller's Agent
THE KURZNER GROUP
Resideum Real Estate
Buyer's Agent
Michael Daniels
NOT A VALID MEMBER
List Price
$49,000
Sold Price
$50,000
Premium/Discount to List
$1,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.46%

Purchase Details

Closed on
Aug 19, 2015
Sold by
Tarbert Llc
Bought by
Starwood Waypoint Trs Llc

Purchase Details

Closed on
Jan 31, 2014
Sold by
Srp Sub Llc
Bought by
Tarbert Llc

Purchase Details

Closed on
Jul 2, 2013
Sold by
Virge Angela M
Bought by
Srp Sub Llc

Purchase Details

Closed on
Sep 30, 1999
Sold by
Eastland Homes Inc
Bought by
Virge Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,657
Interest Rate
7.85%
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
Yb Properties Llc $82,500 --
Heritage Medical Inc $50,000 --
Starwood Waypoint Trs Llc -- --
Tarbert Llc -- --
Srp Sub Llc -- --
Virge Angela M $76,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Virge Angela M $75,657
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold $50,000 +2.0% $35 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $49,000 0.0% $35 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $49,000 -- $35 / 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 $3,533 $69,720 $10,000 $59,720
2023 $3,533 $40,160 $4,418 $35,742
2022 $2,093 $40,160 $4,418 $35,742
2021 $2,120 $40,160 $4,400 $35,760
2020 $1,422 $24,760 $4,400 $20,360
2019 $1,641 $29,920 $4,400 $25,520
2018 $1,352 $24,760 $4,400 $20,360
2017 $1,208 $19,964 $4,044 $15,920
2016 $1,001 $15,240 $1,720 $13,520
2014 $739 $9,080 $1,680 $7,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5679260

First Multiple Listing Service (FMLS)

APN: 16-055-01-097