Sold Price cut: $10,100 (11/18)
$229,900
4 beds · 3 baths · 2,367 sqft
8218 Mahogany Lane, Lithonia, GA 30058
Great deal
Priced about $125,435 (35%) below comparable homes. Estimated market value $355,335, based on 3 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Fantastic Investment Opportunity! This spacious 4-bedroom, 2.5-bath home is nestled in the quiet Sierra Ridge neighborhood of Lithonia. Ideal for savvy investors or owner-occupants. The welcoming family room features a cozy fireplace and bay window, and flows seamlessly into the separate dining area. The bright, oversized kitchen offers ample cabinet and counter space, and…
PoolBasementGarageNo HOA
Listing remarks courtesy of Method Real Estate Advisors · Sold by Ramsey Realty Services.
· FMLS #7649890$1,572/mo est.
with $22,990 down · $229,900 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
4
Beds
3
Baths
2,367
Sqft
1993
Built
0.34 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,475/morange $2,300 – $2,65012.9% gross yield
Based on 12 similar rentals within 5 mi (8 recently leased).
Home facts
Payment calculator
$1,639/mo
Principal & interest$1,342
Property taxes$230
Home insurance$67
Down payment$22,990 (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 valueListed for sale
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Schools
Rock ChapelElementary
LithoniaMiddle
LithoniaHigh
Location
34 for sale 10 pending 12 sold
Listed by
Method Real Estate Advisors · Sold by Ramsey Realty Services
Source: FMLS · #7649890
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