NOT LISTED FOR SALE

Estimated Value: $1,159,923

5 Acres
$231,985 Price per Acre
217,800 Sq Ft Lot

Last Sold August 17, 2016

Last sale price $147,000

Est. 689% increase in value since last sale

Current estimated payment $7,409/month

About This Lot

As of August 2016

5 Acres Zoned Commercial, located at the North East Corner of Covington Hwy & Lithonia W.Dr., 380' frontage on Covington Hwy.Access to MARTA Bus Line with a stop directly on the subject property. All utilities are available to the site,Great Visibility & Accessibility from both side Hwy.,Property is partially developed, planned for mix-use office & Retail space. It is suitable for other uses such as school,pre-school, church, nursing home, etc
Property is a part of a 10.3 acres parcel, giving the buyer the opportunity to purchase the other half for expansion

Last Agent to Sell the Property

Homa Daniels

NOT A VALID MEMBER License #180101 Listed on: 05/11/2016

NOT A VALID MEMBER

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 387x635x223...
  • Property fronts a state road
  • Dirt Road
  • Level Lot
  • Open Lot
  • Property is zoned C-2

Schools

  • Stone Mill Elementary School
  • Lithonia Middle School
  • Lithonia High School

Utilities

  • Phone Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 16 104 04 002

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Commercial
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Schools

  • Elementary School: Stone Mill
  • Middle School: Lithonia
  • High School: Lithonia

Lot Info

  • Acres: 5.0000
  • Lot: 2
  • Land/Lot: 104
  • Possible Use: Commercial
  • Section G M D: 04
  • Current Zoning: C-2
  • Current Use: Commercial
  • Lot Features: Curbs & Gutters, Level, Sidewalk
  • Lot Dimensions: 387x635x223...
  • Parcel Number: 16 104 04 002
  • Price Acre Dollar: 29400.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 3789.00
  • Assessor Parcel Number: 16-104-04-002
  • Close Date: 2016-08-17
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Stone Mill
  • High School: Lithonia
  • Middle School: Lithonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
Lithonia Real Estate Development Llc
Bought by
Aij Covington Llc
Current Estimated Value
$1,159,923

Purchase Details

Listed on
May 11, 2016
Closed on
Aug 17, 2016
Bought by
Lithonia Real Estate Developme
Seller's Agent
Homa Daniels
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$149,000
Sold Price
$147,000
Premium/Discount to List
-$2,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.29%

Purchase Details

Closed on
Nov 5, 2013
Sold by
Dekalb County Tax Commissi
Bought by
Us Bank Custodian and Broadriver Trf I Lp

Purchase Details

Closed on
Jun 30, 2004
Sold by
Halpern Ents Inc
Bought by
Social Enrichments Inc
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
Aij Covington Llc $800,000 --
Lithonia Real Estate Developme $147,000 --
Us Bank Custodian $127,000 --
Social Enrichments Inc $674,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2016 08/17/16 Sold $147,000 -1.3% --
05/26/2016 05/26/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $149,000 -- --
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 $15,108 $320,000 $320,000 --
2023 $15,108 $320,000 $320,000 $0
2022 $15,024 $320,000 $320,000 $0
2021 $3,935 $82,600 $82,600 $0
2020 $3,898 $82,600 $82,600 $0
2019 $3,873 $82,600 $82,600 $0
2018 $3,906 $82,600 $82,600 $0
2017 $3,369 $58,800 $58,800 $0
2016 $3,898 $82,600 $82,600 $0
2014 $3,789 $78,470 $78,470 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5689465

First Multiple Listing Service (FMLS)

APN: 16-104-04-002