NOT LISTED FOR SALE

5796 Bobbin Ln Lithonia, GA 30058

Estimated Value: $227,000 - $255,000

3 Beds
2 Baths
1,456 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $172,000 $118 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,762/month

11 Days on Market

Highlights

  • 1 Fireplace
  • Den
  • Garage
  • No HOA
  • 1-Story Property

About This Home

As of May 2022

Calling all savy investors, new investors this is a great investment property opportunity that does need work, but once you put your stamp on it, can bring you a good ROI.

Last Listed By

Dianna Wilson

Lokation Real Estate LLC License #293597 Listed on: 03/07/2022

Lokation Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot

Parking

  • Garage

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Den
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Redan Elementary School
  • Lithonia Middle School
  • Lithonia High School

Community Details

  • No Home Owners Association
  • Amberly East Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,962

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: 0.3
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1456
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: None
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1456
  • Above Grade Finished Sq Ft: 1456
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Flooring: Laminate
  • Price Per Square Foot: 118.13

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Other
  • Lot Features: Other
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Other
  • Heating: Other
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Redan
  • High School: Lithonia
  • Middle School: Lithonia
  • Elementary School: Redan
  • Middle School: Lithonia
  • High School: Lithonia

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
May 20, 2022
Sold by
Johnson Darryl B
Bought by
Notch Two Llc
Seller's Agent
Dianna Wilson
Lokation Real Estate LLC
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$192,000
Sold Price
$172,000
Premium/Discount to List
-$20,000
-10.42%
Total Days on Market
11
Current Estimated Value
$240,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,444
Avg. Annual Appreciation
11.36%
Original Mortgage
$204,000
Interest Rate
5.27%
Mortgage Type
Mortgage Modification

Range of Values:

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Average Value
Not Available
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
Notch Two Llc $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Notch Two Llc $204,000
Previous Owner Johnson Darryl B $19,422
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $172,000 -10.4% $118 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $192,000 -- $132 / Sq Ft
Source: Georgia MLS

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 $5,149 $97,080 $15,000 $82,080
2022 $2,018 $68,440 $15,000 $53,440
2021 $1,719 $55,480 $4,160 $51,320
2020 $1,476 $44,720 $4,160 $40,560
2019 $1,281 $38,480 $4,160 $34,320
2018 $1,025 $34,640 $4,160 $30,480
2017 $1,109 $32,520 $4,160 $28,360
2016 $883 $25,680 $4,160 $21,520
2014 $573 $17,480 $4,160 $13,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20024196

Georgia MLS

APN: 16-070-03-023