NOT LISTED FOR SALE

7788 Covington Hwy Lithonia, GA 30058

Estimated Value: $168,189

3.54 Acres
$47,511 Price per Acre
154,202 Sq Ft Lot

Last Sold November 01, 2017

Last sale price $80,000

Est. 110% increase in value since last sale

Current estimated payment $994/month

727 Days on Market

Highlights

  • 3.54 Acre Lot
  • Partially Wooded Lot
  • Level Lot

About This Lot

As of November 2017

GREAT DEAL ON THIS LARGE PARCEL OF LAND LOCATED NEAR THE INTERSECTION OF TURNER HILL ROAD AND COVINGTON HIGHWAY. POTENTIAL COMMERCIAL. GREAT ROAD FRONTAGE. VERY CLOSE TO 1-20. THIS IS A GIVEAWAY AT THIS LOW PRICE!!! SELLER WILL CONSIDER ALL REASONABLE OFFERS!!!

Last Agent to Sell the Property

Costa Panos

Realty Associates of Atlanta, LLC. License #123048 Listed on: 10/23/2015

Last Buyer's Agent

Costa Panos

Realty Associates of Atlanta, LLC. License #123048 Listed on: 10/23/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $254

Lot Details

  • 3.54 Acre Lot
  • Lot Dimensions are 500 x 345 x 483 x 364
  • Level Lot
  • Partially Wooded Lot
  • Landscaped with Trees
  • Property is zoned R85

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 08
  • Assessor Parcel Number 16 152 04 008

Property Details

Property Type

Land

Est. Annual Taxes

$254

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Undeveloped/Zoned Residential
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available

Lot Info

  • Acres: 3.5400
  • Lot: 08
  • Timber: Mixed
  • Possible Use: Commercial, Residential
  • Current Zoning: R85
  • Current Use: Residential, Vacant
  • Lot Features: Level, Sidewalk, Street Lights
  • Lot Dimensions: 500 X 345 X 483 X 364
  • Parcel Number: 16 152 04 008
  • Price Acre Dollar: 22599.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 254.00
  • Tax Year: 2014

MLS Schools

  • Elementary School: Dekalb - Other
  • High School: Dekalb - Other
  • Middle School: Dekalb - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2015
Closed on
Nov 1, 2017
Sold by
Panos Investments Lp
Bought by
Bandana Gupta
Seller's Agent
Costa Panos
Realty Associates of Atlanta, LLC.
Buyer's Agent
Costa Panos
Realty Associates of Atlanta, LLC.
List Price
$140,000
Sold Price
$80,000
Premium/Discount to List
-$60,000
-42.86%
Current Estimated Value
$168,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,189
Avg. Annual Appreciation
9.60%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bandana Gupta $80,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2017 11/01/17 Sold $80,000 -5.9% --
10/19/2017 10/19/17 Pending -- -- --
07/17/2017 07/17/17 Price Changed $85,000 -4.5% --
05/31/2017 05/31/17 Price Changed $89,000 -36.4% --
10/23/2015 10/23/15 For Sale $140,000 -- --
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
2025 $1,345 $30,440 $30,440 --
2024 $1,348 $30,440 $30,440 --
2023 $1,348 $30,440 $30,440 $0
2022 $1,354 $30,440 $30,440 $0
2021 $1,354 $30,440 $30,440 $0
2020 $1,354 $30,440 $30,440 $0
2019 $1,354 $30,440 $30,440 $0
2018 $803 $30,440 $30,440 $0
2017 $247 $5,200 $5,200 $0
2016 $248 $5,200 $5,200 $0
2014 $254 $5,200 $5,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Costa Panos

    Seller's Agent in 2017

    Costa Panos

    Realty Associates of Atlanta, LLC.

    (404) 642-6756

    12 in this area

    173 Total Sales

    Costa Panos
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5611018

First Multiple Listing Service (FMLS)

APN: 16-152-04-008

Georgia DeKalb County Lithonia 30058

7788 Covington Hwy, Lithonia, GA

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

First Multiple Listing Service (FMLS) Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.

Nearby Homes