NOT LISTED FOR SALE

5652 Marbut Rd Lithonia, GA 30058

Estimated Value: $230,000 - $268,000

3 Beds
2 Baths
1,230 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 07, 2014

Last sale price $47,000 $38 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $1,787/month

33 Days on Market

Highlights

  • Private Lot
  • Ranch Style House
  • Eat-In Kitchen
  • Family Room with Fireplace
  • White Kitchen Cabinets
  • Patio

About This Home

As of July 2014

HUGE POTENTIAL IN THIS CLASSIC RANCH! OPEN FLOORPLAN WITH VAULTED GREAT ROOM AND DINING AREA, CEILING TO FLOOR STONE FIREPLACE, CONVERTED GARAGE ALLOWS FOR EXTRA LIVING SPACE! HAS CLOSET SO COULD BE USED AS A BEDROOM BUT WOULD MAKE A GREAT OFFIER OR SEPARATE DEN! GREAT FUNCTIONAL 3 BEDROOMS AND 2 BATHS AS WELL! PRIVATE SPACIOUS BACKYARD.NEEDS SOME COSMETICS BUT WOULD BE A GREAT LITTLE HOME WITH HUGE POTENTIAL!

Last Listed By

REO SOUTH INC

REO South, Inc. Listed on: 05/21/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,024

Year Built

  • Built in 1985

Lot Details

  • Private Lot
  • Level Lot
  • Garden

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Family Room with Fireplace
  • Great Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • Parking Accessed On Kitchen Level
  • Driveway

Outdoor Features

  • Patio

Schools

  • Marbut Elementary School
  • Redan Middle School
  • Redan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Ridgefield West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5652MARBUTRD

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,024

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1985
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room
  • Interior Amenities: High Speed Internet
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Other

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: RIDGEFIELD WEST

Schools

  • Elementary School: Marbut
  • Middle School: Redan
  • High School: Redan

Lot Info

  • Lot Features: Level, Private
  • Parcel Number: 5652MARBUTRD
  • Property Attached Yn: No

Tax Info

  • Close Date: 2014-07-07
  • Tax Year: 2013

MLS Schools

  • Elementary School: Marbut
  • High School: Redan
  • Middle School: Redan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Johnson Latrese
Bought by
Johnson Latrese and Davenport Shanise D
Total Days on Market
33
Current Estimated Value
$245,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,550
Outstanding Balance
$166,956
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$77,577

Purchase Details

Closed on
Dec 28, 2020
Sold by
Eban Llc
Bought by
Guiar Llc

Purchase Details

Listed on
May 21, 2014
Closed on
Sep 5, 2014
Sold by
Guiar Llc
Bought by
Eban Llc
Seller's Agent
REO SOUTH INC
REO South, Inc.
Buyer's Agent
CLAUDIA ROLAN
NOT A VALID MEMBER
List Price
$54,900
Sold Price
$47,000
Premium/Discount to List
-$7,900
-14.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.37%

Purchase Details

Listed on
May 21, 2014
Closed on
Jul 7, 2014
Sold by
Federal National Mortgage Association
Bought by
Guiar Llc
Seller's Agent
REO SOUTH INC
REO South, Inc.
Buyer's Agent
CLAUDIA ROLAN
NOT A VALID MEMBER
List Price
$54,900
Sold Price
$47,000
Premium/Discount to List
-$7,900
-14.39%

Purchase Details

Closed on
Feb 4, 2014
Sold by
Jpmorgan Chase Bank Nation
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
May 10, 2002
Sold by
Hartwell Brenda A
Bought by
Hotz Walter H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1997
Sold by
Wingo Melvin L and Wingo Sybil P
Bought by
Hartwell Brenda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,550
Interest Rate
7.39%
Mortgage Type
FHA

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
Johnson Latrese -- --
Johnson Latrese $184,900 --
Guiar Llc $95,000 --
Eban Llc $56,200 --
Guiar Llc $47,000 --
Federal National Mtg Associati $89,010 --
Jpmorgan Chase Bank National A $89,010 --
Hotz Walter H $91,000 --
Hartwell Brenda A $79,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Latrese $181,550
Closed Johnson Latrese $181,550
Previous Owner Hotz Walther H $97,600
Previous Owner Hotz Walter H $72,800
Previous Owner Hartwell Brenda A $79,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2014 07/07/14 Sold $47,000 -14.4% $38 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $54,900 -- $45 / 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 $5,024 $98,520 $15,200 $83,320
2022 $3,559 $73,960 $7,160 $66,800
2021 $3,187 $65,480 $4,360 $61,120
2020 $1,870 $35,480 $4,360 $31,120
2019 $1,689 $31,360 $4,360 $27,000
2018 $1,585 $35,080 $4,360 $30,720
2017 $1,606 $29,320 $4,360 $24,960
2016 $1,397 $24,520 $4,360 $20,160
2014 $666 $7,800 $3,042 $4,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5293850

First Multiple Listing Service (FMLS)

APN: 16-059-05-081