Sold Price cut: $34,100 (1/7)
$224,900
3 beds · 3 baths · 1,560 sqft
5438 Salem Springs Drive, Lithonia, GA 30038
Great deal
Priced about $29,691 (12%) below comparable homes. Estimated market value $254,591, based on 4 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
3 bedroom, 2.5 bath split foyer . Open concept floorplan. Hardwood floors in Living room and dining room. family room with fireplace. Upstairs with primary suite and walk-in closet. Two other bedrooms with downstairs for privacy. No HOA. . Nice quiet and clean, established neighborhood, minutes to Salem Middle School, restaurants, and major highways. Amazing location. No HOA,Great home for first time homebuye. Could also be great for investor
PoolBasementGarageNo HOAOpen floor plan
Listing remarks courtesy of Chapman Hall Realty Atlanta North · Sold by Berkshire Hathaway HomeServices Georgia Properties.
· FMLS #7497989$1,538/mo est.
with $22,490 down · $224,900 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
3
Beds
3
Baths
1,560
Sqft
1998
Built
0.17 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,700/morange $1,575 – $1,8259.1% gross yield
Based on 12 similar rentals within 2 mi (5 recently leased).
3 bd · 3 ba · 1,923 sqft · 0 mi away · leased$1,800/mo3 bd · 2 ba · 1,706 sqft · 0.6 mi away$1,800/mo3 bd · 2 ba · 1,621 sqft · 1.2 mi away$1,710/mo3 bd · 3 ba · 1,944 sqft · 1.1 mi away$1,800/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,604/mo
Principal & interest$1,313
Property taxes$225
Home insurance$66
Down payment$22,490 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated value
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Schools
Murphey CandlerElementary
SalemMiddle
LithoniaHigh
Location
43 for sale 7 pending 12 sold
Listed by
Chapman Hall Realty Atlanta North · Sold by Berkshire Hathaway HomeServices Georgia Properties
Source: FMLS · #7497989
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