NOT LISTED FOR SALE

6998 Setters Way Lithonia, GA 30038

Lithonia Neighborhood

Estimated Value: $247,000 - $268,000

3 Beds
2.5 Baths
1,802 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $237,500 $132 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,801/month

111 Days on Market

Highlights

  • Laundry closet
  • Garage
  • Carpet
  • Central Air
  • Level Lot
  • Heating Available

About This Home

As of June 2022

Perfect opportunity for INVESTORS!!! Adorable house with an open floor plan, nice size level back yard in a quite neighborhood perfect as an investment property. HVAC system changed less than a month ago. Newer floors changed last summer. Property is tenant occupied with a really good tenant that pays on time. Tenant pays $1250 a month and lease ends January 2023. Lease can not be terminated until January 2023. Renting well under market rate. Great opportunity to walk into a steady cash flow. Please DO NOT disturb tenant. Showing by appointment only.

Last Agent to Sell the Property

Ermias Habte

Sellect REALTORS, LLC License #354544 Listed on: 02/17/2022

Last Buyer's Agent

John Sherwood

Worthmoore Realty License #313226

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 2000

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Dishwasher
  • Laundry closet

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Murphy Candler Elementary School
  • Salem Middle School
  • Martin Luther King Jr High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include ground maintenance
  • The Chestnut Lake Preserve Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / G

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,952

Year Built

Built in 2000

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • ArchitecturalStyle: Other
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .20
  • Property Sub-Type: Townhouse
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Bedrooms: 3
  • Basement: None
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Living Room
  • Flooring: Carpet, Laminate

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Vinyl Siding
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 200
  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Murphy Candler
  • High School: Martin Luther King Jr
  • Middle School: Salem
  • Elementary School: Murphy Candler
  • Middle School: Salem
  • High School: Martin Luther King Jr

Lot Info

  • Land Lot: 16
  • Lot: 16
  • Plat Book: 0115
  • Plat Page: 0040

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2952

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Apr 6, 2022
Sold by
Fremicael Ruta B
Bought by
Ao Propco 1 Llc
Seller's Agent
Ermias Habte
Sellect Realtors, LLC.
Buyer's Agent
John Sherwood
Worthmoore Realty
List Price
$245,000
Sold Price
$237,500
Premium/Discount to List
-$7,500
-3.06%
Current Estimated Value
$256,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,838
Avg. Annual Appreciation
2.30%

Purchase Details

Closed on
Jan 27, 2015
Sold by
Mathis Andrew J
Bought by
Fremicael Ruta B

Purchase Details

Closed on
Jul 26, 2013
Sold by
Michael Rahel
Bought by
Mathis Andrew J

Purchase Details

Listed on
Aug 14, 2012
Closed on
Jan 29, 2013
Sold by
Fremicael Ruta
Bought by
Michael Rahel
Seller's Agent
FELLEKE SEYOUM
NOT A VALID MEMBER
Buyer's Agent
BETTY AMANUEL
NOT A VALID MEMBER
List Price
$31,900
Sold Price
$36,000
Premium/Discount to List
$4,100
12.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.77%

Purchase Details

Closed on
Oct 12, 2005
Sold by
Monroe Mary R
Bought by
Fremicael Ruta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2001
Sold by
Bowen Builders Group Inc
Bought by
Monroe Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,750
Interest Rate
6.95%
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
Ao Propco 1 Llc $237,500 --
Fremicael Ruta B $25,000 --
Mathis Andrew J -- --
Michael Rahel $36,000 --
Fremicael Ruta $132,500 --
Monroe Mary R $117,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fremicael Ruta $106,000
Previous Owner Monroe Mary R $115,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $237,500 -3.1% $132 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $245,000 +580.6% $136 / Sq Ft
01/29/2013 01/29/13 Sold $36,000 +12.9% $20 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $31,900 -- $18 / 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
2024 $5,101 $104,880 $18,000 $86,880
2023 $5,101 $95,000 $16,920 $78,080
2022 $3,918 $81,520 $7,240 $74,280
2021 $2,952 $58,640 $7,240 $51,400
2020 $1,152 $38,800 $7,240 $31,560
2019 $1,164 $38,800 $7,240 $31,560
2018 $1,367 $38,800 $7,240 $31,560
2017 $1,137 $36,440 $7,240 $29,200
2016 $340 $9,976 $2,456 $7,520
2014 $986 $14,380 $3,420 $10,960
Source: Public Records

Agents Affiliated with this Home

  • Ermias Habte

    Seller's Agent in 2022

    Ermias Habte

    Sellect REALTORS, LLC

    (404) 441-7151

    1 in this area

    10 Total Sales

    Ermias Habte
    Section Image
  • John Sherwood

    Buyer's Agent in 2022

    John Sherwood

    Worthmoore Realty

    (404) 718-0056

    5 in this area

    404 Total Sales

    John Sherwood
    Section Image

  • F

    Seller's Agent in 2013

    FELLEKE SEYOUM

    NOT A VALID MEMBER

  • B

    Buyer's Agent in 2013

    BETTY AMANUEL

    NOT A VALID MEMBER

See All Agents

Map

Source: Georgia MLS

MLS Number: 10057072

Georgia MLS

APN: 11-233-03-016

Georgia DeKalb County Lithonia 30038 Lithonia

6998 Setters Way, Lithonia, GA

This home is located at 6998 Setters Way, Lithonia, GA 30038 since 17 February 2022 and is currently estimated at $256,338, approximately $142 per square foot. This property was built in 2000. 6998 Setters Way is a home located in DeKalb County with nearby schools including Murphy Candler Elementary School, Salem Middle School, and Martin Luther King- Jr. High School.

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