Active$254,900
3 bd3 ba1,886 SFSingle-family home
5017 Grace Hill Road
Lithonia, GA 30038 · Valley Oaks · 113 days listed
FMLS #7800230 · Listing Provided By Entera Realty, LLC · 888-216-6364
Active211 days listed
2284 Cypress Point Way, Lithonia, GA 30058
- 4bd
- 3ba 0
- 0.14ac lot
FMLS #7743728 · Listing Provided By Keller Williams Realty Chattahoochee North, LLC · 678-578-2700 · Listing agent James Carswell
About this home
Short Sale!! Great opportunity for an owner occupant or investor. Spacious home with updated fixtures, updated counter tops, new deck, and ready to move in!! Kitchen and bathroom updates are completed. Shopping, library, parks, and schools within minutes. Easy access to expressway. Hurry!! This one will not last long!!
How this list price compares in Lithonia
- List price is 2% above the Lithonia median list price of $249,500 (442 homes).
- Compared with 271 single-family homes in Lithonia: 7% below the median of $275,000.
- 2 homes for sale in Woods of Wellborn.
- All 442 homes for sale in Lithonia, GA.
- 3,375 homes for sale in DeKalb County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Single-family home
- Status
- Active
- Bedrooms
- 4
- Full baths
- 2
- Half baths
- 1
- Lot size
- 0.14 acres
- Year built
- 1993
- Levels
- Two
- Main-level bedrooms
- 0
- Garage spaces
- 2
- Parking
- Garage
- Style
- Contemporary
- Construction
- Vinyl Siding
- Roof
- Composition
- Flooring
- Vinyl
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
- Appliances
- Other
- Lot
- Cul-De-Sac
- Community
- Near Public Transport, Near Shopping, Street Lights
- HOA
- No
- Annual tax
- $4,310 (2024)
- County
- DeKalb
Assigned schools
- HighMiller Grove
- MiddleMiller Grove
- ElementaryPanola Way
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $255,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$2,156/mo
- Principal and interest
- $1,577
- Property tax
- $359
- Home insurance
- $125
- Mortgage insurance
- $96
- HOA dues
- $0
- Loan amount
- $229,500
- Cash down
- $25,500
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Questions about this home
How do I schedule a showing of this home?
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
How do I get more information about this listing?
Send your question through the form on this page. Listing details come from FMLS and are provided by Keller Williams Realty Chattahoochee North, LLC, so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
How is the monthly payment estimate calculated?
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
Where can I see similar homes for sale in Lithonia?
See the similar homes section on this page, or browse all homes for sale in Lithonia, GA.
Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- apartment buildings for sale in GAApartment buildings and complexes for sale across Georgia.
- Georgia multifamily investment properties for saleDuplexes to large complexes, with screening cap rates on each building.
- churches for saleChurch buildings and sanctuaries for sale statewide.
- apartment buildings for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
- commercial properties for sale in GeorgiaOffice, retail, industrial and other commercial buildings.
Investor research and tools
- apartment cap rates in GeorgiaMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- NOI for apartment buildingsHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- debt service coverage ratio for apartmentsDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- what GRM Georgia apartments list atGross rent multiplier on apartment buildings: the formula, Georgia asking GRMs, and when GRM misleads.
- commercial cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- DSCR and cash-on-cash calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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