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$201,000

Beds
3
Baths
2.0
sq ft
1,176

5854 Bobbin Ln, Lithonia, GA 30058

5854 Bobbin Ln

Lithonia, GA 30058

  • 49 days on market
    • Price drop $6,000↓
Experience the ease of single-level living in this inviting 3-bedroom, 2-bath ranch-style home. Designed for comfort and practicality, the large living room serves as the heart of the home—perfect for entertaining or relaxing with loved ones. Step outside to the spacious back deck, where you can unwind while enjoying the serene views of the low-maintenance lot. The two-car garage offers generous parking and additional storage space, making everyday living more convenient. This home has been updated with brand-new carpet and fresh interior paint, ensuring a move-in-ready experience. Located just a quarter mile from groceries—close enough to walk!—and less than 15 minutes from Stone Mountain Park, this property combines convenience with lifestyle. You’re also less than 20 minutes from Decatur and the DeKalb Farmers Market, giving you easy access to some of the area’s best attractions and amenities. With no HOA and no rental restrictions, this property is an exceptional opportunity for investors or first-time buyers. Plus, closing cost incentives are available through the Preferred Lender—ask the Listing Team to make the introduction today!

Details

Property type

Single Family Residence

Est. home value

$212,067

Lot size

0.37 acres

Price per sq ft

$171

Year built

1980

Annual property taxes

$4,271

HOA

No

Price History

02/14/2025
FMLS

FMLS #7504088

Listed
$201,000
02/06/2025
FMLS

FMLS #7504088

Pending
$201,000
01/24/2025
FMLS

FMLS #7504088

Price change
$201,000
-2.9%

Schools & Community

Elementary school: 

Redan

Middle school: 

Miller Grove

High school: 

Lithonia

Community features: 

Street Lights

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jp Morgan Chase Bk

Loan start date

February 2008

Original loan amount

$95,700

Est. remaining balance

$62,578

Interest rate

6.17%

Loan type

New Conventional, 30 year

Seller

Michael C Jones

Lender

Network Funding Lp

Loan start date

October 2005

Original loan amount

$18,000

Est. remaining balance

Not provided

Interest rate

5.71%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Michael C Jones and Melita M Jones

Lender

Network Fndg Lp

Loan start date

October 2005

Original loan amount

$72,000

Est. remaining balance

$40,261

Interest rate

5.71%

Loan type

New Conventional, 30 year

Seller

Michael C Jones and Melita M Jones

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 4:40 PM

Listing updated: 02/21/2025 at 10:45 AM

Listed by: Livian Ascend, Keller Williams North Atlanta Phone #: (770) 663-7291

MLS: FMLS #7504088

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