NOT LISTED FOR SALE

5904 Sutcliff Square Unit 1 Lithonia, GA 30058

Lithonia Neighborhood

Estimated Value: $53,656 - $189,000

2 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold September 08, 2023

Last sale price $48,000

Est. 97% increase in value since last sale

Current estimated payment $808/month

10 Days on Market

Highlights

  • 1 Fireplace
  • 1-Story Property
  • Wood Siding
  • Community Playground
  • Central Heating and Cooling System

About This Home

As of September 2023

Calling all investors condo is selling with tenant in place. Long term tenant pays $1100. She pays well and the unit is kept up. There was a leak from the upstairs unit the ceiling will be repaired before the closing. The unit was renovated. 3 years ago, same tenant in place. All cash only closing. The tenant will need a 24-hour notice before viewing or showing. This unit is price to sell with investors in mine.

Last Listed By

Elisa Lewis McKlevey

Empire ATL R/E & Property Mgmt License #171653 Listed on: 08/12/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $696

Year Built

  • Built in 1973

Lot Details

  • 8,712

HOA Fees

  • $179 Monthly HOA Fees

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Laundry in unit

Parking

  • Parking Pad
  • Over 1 Space Per Unit
  • Off-Street Parking

Schools

  • Stoneview Elementary School
  • Lithonia Middle School
  • Lithonia High School

Additional Features

  • 8,712 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for garbage, sewer, trash collection, water

Community Details

Overview

  • Association fees include maintenance exterior, trash, ground maintenance, management fee, pest control, sewer, water
  • Somerset Subdivision

Recreation

  • Community Playground

Building Details

  • Insurance Expense $800
  • Maintenance Expense $500
  • Water Sewer Expense $800
  • Operating Expense $1,320
  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$696

Year Built

Built in 1973

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .20
  • Structure Type: Multi Family (5+ Units)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 375000

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Over 1 Space per Unit, Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Electric, Central
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 2148
  • Association: Yes
  • Community Features: Playground, Sidewalks, Street Lights

Fee Information

  • Association Fee Includes: Maintenance Exterior, Trash, Maintenance Grounds, Management Fee, Pest Control, Sewer, Water
  • Water Sewer Expenses: 800

Schools

  • Elementary School: Stoneview
  • High School: Lithonia
  • Middle School: Lithonia
  • Elementary School: Stoneview
  • Middle School: Lithonia
  • High School: Lithonia

Rental Info

  • Owner Pays: Garbage, Sewer, Trash Collection, Water

Multi Family

  • Total Fireplaces: 1
  • GrossIncome: 13200
  • InsuranceExpense: 800
  • Maintenance Expense: 500
  • NumberOfUnitsTotal: 1
  • OperatingExpense: 1320

Tax Info

  • Year: 2022
  • Tax Annual Amount: 696.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2023
Closed on
Sep 8, 2023
Sold by
Merizier Marie
Bought by
Mjb Reality Llc
Seller's Agent
Elisa Lewis McKlevey
Empire ATL R/E & Property Mgmt
Buyer's Agent
Elisa Lewis McKlevey
Empire ATL R/E & Property Mgmt
List Price
$75,000
Sold Price
$48,000
Premium/Discount to List
-$27,000
-36%
Total Days on Market
10
Views
31
Current Estimated Value
$94,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,664
Avg. Annual Appreciation
22.59%

Purchase Details

Closed on
Aug 25, 2020
Sold by
Mccall Anthony
Bought by
Merizier Marie

Purchase Details

Closed on
Jun 28, 2019
Sold by
Hoosh Innovations Llc
Bought by
Mccall Anthony

Purchase Details

Closed on
May 9, 2018
Sold by
Decs Investment Llc
Bought by
Hoosh Innovations Llc

Purchase Details

Closed on
Mar 17, 2017
Sold by
T
Bought by
Decs Investment Llc

Purchase Details

Closed on
Sep 25, 2012
Sold by
Witt Nancy
Bought by
T Donahue & D Donahue Inc

Purchase Details

Closed on
Apr 13, 2010
Sold by
Martin Bobbie
Bought by
Witt Nancy

Purchase Details

Closed on
Mar 24, 2009
Sold by
Witt Nancy
Bought by
Martin Bobbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,800
Interest Rate
5.29%
Mortgage Type
Trade

Purchase Details

Closed on
Apr 12, 2005
Sold by
Witt Nancy
Bought by
Dixon Simeon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.66%

Purchase Details

Closed on
Sep 8, 2004
Sold by
Children S Bread Inc
Bought by
Witt Nancy

Purchase Details

Closed on
Jun 1, 2004
Sold by
Estes Candler B and Estes Margaret
Bought by
Childrens Bread Inc

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
Mjb Reality Llc $48,000 --
Merizier Marie $37,000 --
Mccall Anthony $34,000 --
Hoosh Innovations Llc $32,500 --
Decs Investment Llc $40,000 --
T Donahue & D Donahue Inc $8,000 --
Witt Nancy -- --
Martin Bobbie $43,800 --
Dixon Simeon $35,000 --
Witt Nancy $15,000 --
Childrens Bread Inc $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Bobbie $43,800
Previous Owner Dixon Simeon $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $48,000 -36.0% --
08/22/2023 08/22/23 Pending -- -- --
08/12/2023 08/12/23 For Sale $75,000 -- --
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 $1,221 $17,160 $3,200 $13,960
2022 $985 $15,840 $3,200 $12,640
2021 $891 $13,480 $3,200 $10,280
2020 $757 $10,600 $3,200 $7,400
2019 $675 $8,800 $3,200 $5,600
2018 $581 $8,800 $1,600 $7,200
2017 $756 $8,440 $1,600 $6,840
2016 $658 $8,360 $840 $7,520
2014 $488 $4,400 $840 $3,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20140625

Georgia MLS

APN: 16-088-04-043