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2545 Field Spring Drive

2545 Field Spring Drive, Lithonia, GA 30058
House in DeKalb
Sold Jul 02, 2019
$157,900
$142,110 by Guaranteed Rate
Mortgage Due Jan 01, 2049
Sold Oct 21, 2011
$35,900
2545 Field Spring Drive has been categorized by the local assessors in Lithonia, GA as a residential type of property. The building on the property was first built in 1997 and is 27 years old. However, we must point out that the home was most recently renovated and altered in 2006. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2545 Field Spring Drive has 2,222 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,712 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 352 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as poor. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2545 Field Spring Drive sold most recently in Jul 2, 2019 for a total of $157,900. If you work out the math, that's approximately a cost of $71.06 per sqft. Before that, the property was also sold for $35,900 in Oct 21, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,247 in taxes each year. 2545 Field Spring Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $110,000. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $92,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2006
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 352
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,222
  • Building Area: 2,222
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,222
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOW SPRING UNIT 2
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ALBERT THOMAS
  • Current Owner 2: ALBERT REBECCA
  • Previous Owner : HARPER HAROLD
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRU
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: DeKalb County School District
  • Census Tract: 023320

Zoning

  • Zoning: RA5

Geography

  • Parcel: 16 089 01 087
  • Municipality: STONECREST
  • Latitude: 33.7118
  • Longitude: -84.1387

    Address

  • Full Address: 2545 Field Spring Dr
  • Address - House Number: 2545
  • Address - Street Name: Field Spring
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Lithonia
  • Carrier Code: C018
  • 4-Digit Zip Code: 3839
  • Zip Code: 30058

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,247
  • Tax Rate Code Area: 80

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 316,377
  • High Value: 377,993
  • Low Value: 254,762

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,110
  • First Open Lien Mortgage Lender: GUARANTEED RATE
  • First Open Lien Mortgage Recording Date: Jul 02, 2019
  • First Open Lien Mortgage Loan Amount: $142,110
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049

    Market Valuation

  • Market Total Value: $275,000
  • Market Land Value: $45,000
  • Market Improvement Value: $230,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,000
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $92,000

    Sales

  • Current Sale Contract Date: Jul 02, 2019
  • Current Sale Recording Date: Jul 02, 2019
  • Current Sale Transaction ID: 11635424077
  • Current Sale Price: $157,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-015128
  • Previous Sale Recording Date: Oct 21, 2011
  • Previous Sale Contract Date: Oct 21, 2011
  • Previous Sale Amount: $35,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE
  • First Mortgage Transaction Date: Jul 02, 2019
  • First Mortgage Loan Amount: $142,110
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

About DeKalb



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Frequently Asked Questions

What neighborhood is 2545 Field Spring Drive located in?
The 2545 Field Spring Drive is a house located in the neighborhood of DeKalb in DeKalb, Lithonia.
What is the average sales price for listings in 2545 Field Spring Drive?
The average sales price for units in 2545 Field Spring Drive is $150,000 , or $68/sqft. currently.

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