$77,500
SOLD AUG 31, 2018

5998 Old Wellborn Trace Lithonia, GA 30058

3 Beds
2 Baths
1,629 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

14% Below List Price

19 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Open to Family Room
  • Bonus Room
  • White Kitchen Cabinets
  • Front Porch

About This Home

As of May 2019

Great opportunity for an Investor or First time homebuyer! This 3 bedroom 2 bath slit level home comes with a bonus room in the garage that is great for storage, an extra bedroom, or an office space. The huge yard gives a lot of space for pets, events, or even a shed! This home has had one owner for the past 26 years and has been taken care of. This home just needs a little TLC to make it yours! Don't miss out this one won't last! Sold AS-IS

Last Agent to Sell the Property

Andrae Phillips

NOT A VALID MEMBER License #384163 Listed on: 08/01/2018

NOT A VALID MEMBER

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1991

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Landscaped
  • Sloped Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Brick Front

Interior Spaces

  • 1,629 Sq Ft Home
  • 3-Story Property
  • Great Room
  • Living Room with Fireplace
  • Bonus Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Microwave
  • Dishwasher
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Wellborn Subdivision

Listing and Financial Details

  • Legal Lot and Block 53 / B
  • Assessor Parcel Number 16 090 10 367

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,262

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1991
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Basement: Crawl Space
  • Kitchen Features: Cabinets White, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Great Room - 1 Story
  • Square Footage: 1629.00

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Shingle
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Subdivision Complex: Wellborn

Schools

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

Lot Info

  • Acres: 0.2000
  • Lot: 53
  • Land/Lot: 90
  • Section G M D: DeKalb
  • Plat Book: 87
  • Plat Page: 85
  • Lot Features: Landscaped, Sloped
  • Lot Dimensions: 0.2
  • Parcel Number: 16 090 10 367
  • Property Attached Yn: No

Tax Info

  • Taxes: 1262.00
  • Assessor Parcel Number: 16-090-10-367
  • Close Date: 2018-08-31
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
May 10, 2019
Sold by
Najarian Capital Llc
Bought by
Smith Phalett Poura
Seller's Agent
Zareh Najarian
Jar House LLC
Buyer's Agent
JAMIE W COLEMAN
Maximum One Executive Realtors
List Price
$155,500
Sold Price
$140,000
Premium/Discount to List
-$15,500
-9.97%
Current Estimated Value
$244,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,296
Avg. Annual Appreciation
9.22%
Original Mortgage
$134,405
Outstanding Balance
$119,381
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$124,915

Purchase Details

Listed on
Aug 1, 2018
Closed on
Aug 31, 2018
Sold by
Dean Melvin A
Bought by
Najarian Capital Llc
Seller's Agent
Andrae Phillips
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$90,000
Sold Price
$77,500
Premium/Discount to List
-$12,500
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
135.62%
Original Mortgage
$65,875
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 --
Warranty Deed $140,000 --
Warranty Deed $77,500 --
Warranty Deed $77,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $134,405 FHA
Closed $134,405 FHA
Previous Owner $65,875 New Conventional
Previous Owner $20,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $140,000 -6.6% $86 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/25/2019 03/25/19 Price Changed $149,900 -1.7% $92 / Sq Ft
03/06/2019 03/06/19 Price Changed $152,500 -1.9% $94 / Sq Ft
01/31/2019 01/31/19 For Sale $155,500 +100.6% $95 / Sq Ft
08/31/2018 08/31/18 Sold $77,500 -13.9% $48 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/19/2018 08/19/18 Price Changed $90,000 0.0% $55 / Sq Ft
08/19/2018 08/19/18 For Sale $90,000 -10.0% $55 / Sq Ft
08/12/2018 08/12/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $100,000 0.0% $61 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $100,000 -- $61 / 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 $607 $99,200 $15,000 $84,200
2023 $607 $96,400 $15,000 $81,400
2022 $556 $86,480 $15,000 $71,480
2021 $556 $64,400 $7,200 $57,200
2020 $1,747 $53,040 $7,200 $45,840
2019 $1,674 $31,000 $5,240 $25,760
2018 $1,114 $41,360 $7,200 $34,160
2017 $1,262 $38,200 $3,640 $34,560
2016 $766 $24,680 $3,640 $21,040
2014 $739 $23,760 $3,640 $20,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6051148

First Multiple Listing Service (FMLS)

APN: 16-090-10-367