Welcome to your dream investment opportunity. This expansive acreage of land presents a canvas for your imagination to flourish. Situated in a thriving community, this prime real estate offers the perfect blend of tranquility and accessibility. Spanning 9.8 Acres of Prime Real Estate Undeveloped Land Lot. This parcel boasts scenic views, wooded areas, or nearby amenities. Capitalize on the high demand for affordable housing or customize your build from ground up to your exact specifications- if you keep within local zoning laws! Beautiful lot with several potential uses. Act now to transform this lot into a lucrative asset! Located within 30 minutes from Downtown Atlanta and Atlanta Hartsfield International Airport. Close to hospital, schools, libraries, highways, shopping and dining. The lot is currently zoned R-100 – Residential Med LOT. Future Land Use: Suburban. Buyer should not rely on the Realtor's representation about zoning & should verify- investigate the applicable zoning details independently.
Property Details
Property Features
Listing Office:
Office Name: Maximum One Elite Realtors
Office Phone: (404) 806-4517
Listing Agent: Dewan Green
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: Trees/Woods
Lot Features
Lot Information:
Lot: Other
Lot Size: 9.80 Acres
Other
Directions Information:
Directions: SEE Google Maps
Price Information
Listing Price Info
Price Summary:
List Price: $400,000
Tax Information:
Annual Amount: $1,199
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lithonia, GA.
This property is $130K more than the Median Sold Price in Lithonia, GA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: First Multiple Listing Service
MLS Number: #7426694
Listing Office:
Office Name: Maximum One Elite Realtors
Office Phone: (404) 806-4517
Listing Agent: Dewan Green
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,064
Per Month
Principal & Interest
$1,997
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,266
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Edward L. Bouie- Sr. Elementary School
5100 Rock Springs Rd
Distance between this listing and this school0.15 miles
Public District Grades PK-5
4
/10
Browns Mill Elementary School
4863 Browns Mill Rd
Distance between this listing and this school0.76 miles
Public District Grades PK-5
3
/10
Fairington Elementary School
5505 Philip Bradley Dr
Distance between this listing and this school1.27 miles
Public District Grades PK-5
Nearby Schools
3
/10
Salem Middle School
5333 Salem Rd
Distance between this listing and this school1.00 miles
Public District Grades 6-8
5
/10
Chapel Hill Middle School
3535 Dogwood Farm Rd
Distance between this listing and this school1.89 miles
Public District Grades 6-8
4
/10
Miller Grove Middle School
2215 Miller Rd
Distance between this listing and this school2.53 miles
Public District Grades 6-8
Nearby Schools
2
/10
Martin Luther King Jr. High School
3991 Snapfinger Rd
Distance between this listing and this school1.99 miles
Public District Grades 9-12
5
/10
Southwest Dekalb High School
2863 Kelley Chapel Rd
Distance between this listing and this school2.52 miles
Public District Grades 9-12
3
/10
Miller Grove High School
2645 Dekalb Medical Pkwy
Distance between this listing and this school2.56 miles
The neighbors living near this home have an average income of $75,206. The most common annual income of people living in Lithonia, GA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5156 Rock Springs Rd
What is the listing price of this property?
The listing price of 5156 Rock Springs Rd property is $400,000.
What type of property is this?
The property 5156 Rock Springs Rd is land located in Lithonia, Georgia, 30038.
Is this property for sale now?
Active Listing: 5156 Rock Springs Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,199 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 3, 2020 for $79,000. (source: MLS/tax record).
How much acreage is this property?
The property 5156 Rock Springs Rd is 9.80 acres.
Interested in 5156 Rock Springs Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5156 Rock Springs Rd in Lithonia, GA and zip code 30038. This home sits on a 9.80 acre lot. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $400,000.
In October 2024 more than 33 listings in Lithonia, GA were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 40 were sold below. The inventory of homes for sale in Lithonia, GA between September 2024 and October 2024 increased by 11.5%. In October 2024 median list price was $269,994 and the average listing age was 60 days.
From Rocket Homes Real Estate and based on county public records data.