NOT LISTED FOR SALE

5923 Wellborn Trail Lithonia, GA 30058

Estimated Value: $225,000 - $276,000

3 Beds
2 Baths
1,641 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $98,500 $60 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,691/month

Highlights

  • Contemporary Architecture
  • Front Porch
  • Central Air
  • Great Room
  • Eat-In Kitchen
  • 2 Car Garage

About This Home

As of July 2018

Here is a great investment property currently rented for $875 per month with established tenant (Tenant would like to remain til the end of her lease) Nov. 2018. Conveniently located in Lithonia, GA. This home is a great investment opportunity. PLEASE DO NOT DISTURB TENANT. Make an offer Today. Agent is related to owner. No Sign or Lockbox.

Last Agent to Sell the Property

Don Mack

NOT A VALID MEMBER License #251825 Listed on: 05/07/2018

NOT A VALID MEMBER

Last Buyer's Agent

Spencer Lindahl

NOT A VALID MEMBER License #350358

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,476

Year Built

  • Built in 1986

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,641 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Great Room
  • Carpet
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Outdoor Features

  • Front Porch

Schools

  • Panola Way Elementary School
  • Lithonia Middle School
  • Lithonia High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Wellborn Trails Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16 071 04 022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,476

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Property Condition: Resale
  • Year Built: 1986
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Refrigerator
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Square Footage: 1641.00

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Main Full Bathrooms: 1

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Lower Level

Condo/Co-op/Association

  • Community Features: Street Lights
  • Subdivision Complex: Wellborn Trails

Schools

  • Elementary School: Panola Way
  • Middle School: Lithonia
  • High School: Lithonia

Lot Info

  • Acres: 0.1000
  • Deed Book: 16517
  • Deed Page: 00061
  • Plat Book: 0082
  • Plat Page: 0002
  • Lot Features: Level
  • Parcel Number: 16 071 04 022
  • Property Attached Yn: No

Tax Info

  • Taxes: 1476.00
  • Assessor Parcel Number: 16-071-04-022
  • Close Date: 2018-07-16
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Panola Way
  • High School: Lithonia
  • Middle School: Lithonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2019
Sold by
Trans Am Sfe Ii Llc
Bought by
Alto Asset Co 1 Llc
Current Estimated Value
$248,732

Purchase Details

Listed on
May 7, 2018
Closed on
Jul 12, 2018
Sold by
English Joe L
Bought by
Trans Am Sfe Ii Llc
Seller's Agent
Don Mack
NOT A VALID MEMBER
Buyer's Agent
Spencer Lindahl
NOT A VALID MEMBER
List Price
$110,000
Sold Price
$98,500
Premium/Discount to List
-$11,500
-10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.81%

Purchase Details

Closed on
Aug 17, 2004
Sold by
Secretary Of Hud
Bought by
English Joe L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,550
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2003
Sold by
First Nationwide Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Apr 24, 2002
Sold by
Rankin Willie G
Bought by
Morris Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,050
Interest Rate
7.07%
Mortgage Type
FHA
Source: Public Records

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
Alto Asset Co 1 Llc $171,640 --
Trans Am Sfe Ii Llc $98,500 --
English Joe L -- --
Hud -- --
Nationwide Mtg Corp $122,078 --
Morris Vivian $116,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner English Joe L $72,550
Previous Owner Morris Vivian $115,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $98,500 -10.5% $60 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
05/29/2018 05/29/18 Price Changed $110,000 0.0% $67 / Sq Ft
05/29/2018 05/29/18 For Sale $110,000 +2.9% $67 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $106,900 -- $65 / 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 $4,390 $90,800 $15,000 $75,800
2023 $4,390 $88,560 $15,000 $73,560
2022 $2,244 $44,000 $7,200 $36,800
2021 $3,080 $63,040 $7,200 $55,840
2020 $1,954 $44,000 $7,200 $36,800
2019 $2,042 $39,400 $6,880 $32,520
2018 $1,773 $39,640 $7,200 $32,440
2017 $1,690 $31,240 $3,640 $27,600
2016 $1,476 $26,320 $3,640 $22,680
2014 $1,313 $22,080 $3,640 $18,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6008158

First Multiple Listing Service (FMLS)

APN: 16-071-04-022