Active$200,000
3 bd3 ba2,952 SFSingle-family home
6364 Phillips Court
Lithonia, GA 30058 · Woods/Redan · 123 days listed
FMLS #7797347 · Listing Provided By Black Street Realty, LLC · 678-846-6442
Active9 days listed
5523 Marbut Forest Way, Lithonia, GA 30058
- 3bd
- 2ba
- 1,311SF
- 0.16ac lot
FMLS #7858664 · Listing Provided By Sanders RE, LLC · 678-888-3438 · Listing agent Michelle Smith
About this home
MOVE-IN READY! Well-maintained 3-bedroom, 2-bath ranch home in Lithonia, perfect for first-time homebuyers or those looking to downsize. Enjoy an open, airy living room with soaring vaulted ceilings and a cozy fireplace. The primary suite features a private en-suite bathroom, while the attached garage offers added convenience and storage. With 1,311 square feet of comfortable living space, this home is ready for you to make it your own! Schedule your private tour today!
How this list price compares in Lithonia
- List price is 20% below the Lithonia median list price of $249,250 (454 homes).
- Compared with 278 single-family homes in Lithonia: 27% below the median of $275,000.
- List price per square foot is 13% above the Lithonia median of $135/SF.
- All 454 homes for sale in Lithonia, GA.
- 3,365 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
- 3
- Full baths
- 2
- Living area
- 1,311 SF
- Lot size
- 0.16 acres
- Year built
- 1986
- Levels
- One
- Main-level bedrooms
- 3
- Garage spaces
- 1
- Parking
- Garage
- Style
- Ranch
- Construction
- Frame
- Roof
- Other
- Flooring
- Laminate
- Heating
- Other
- Cooling
- Central Air
- Fireplaces
- 1
- Appliances
- Other
- Lot
- Back Yard
- HOA
- No
- Annual tax
- $2,849 (2025)
- County
- DeKalb
Assigned schools
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $199,900 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,663/mo
- Principal and interest
- $1,226
- Property tax
- $237
- Home insurance
- $125
- Mortgage insurance
- $75
- HOA dues
- $0
- Loan amount
- $179,910
- Cash down
- $19,990
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-29: 30-yr 7.24%, 15-yr 6.6%. 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.
Similar homes for sale in Lithonia
Active
Active$200,000
3 bd2 ba1,382 SFSingle-family home
780 Shore Drive
Lithonia, GA 30058 · Lakeshore · 8 days listed
FMLS #7858491 · Listing Provided By HomeSold GA, LLC · 770-668-4888
Active$202,900
5 bd3 ba1,516 SFSingle-family home
5535 Downs Way
Lithonia, GA 30058 · Panola Downs · 50 days listed
FMLS #7836406 · Listing Provided By Mainstay Brokerage LLC · 800-583-2914
Active$195,000
3 bd2 baSingle-family home
4270 Klondike Road
Lithonia, GA 30038 · 121 days listed
FMLS #7798583 · Listing Provided By Signature Realty Services, Inc · 770-560-4356
Active$195,000
3 bd2 ba1,527 SFSingle-family home
4608 Latchwood Drive
Lithonia, GA 30038 · Gatewood · 47 days listed
FMLS #7837562 · Listing Provided By Sanders RE, LLC · 678-888-3438
Active$195,000
4 bd3 ba2,144 SFSingle-family home
6450 Alford Way
Lithonia, GA 30058 · Huntington Crossing · 1 day listed
FMLS #7861887 · Listing Provided By Real Broker, LLC. · 855-450-0442
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 Sanders RE, 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.
- church for sale in GeorgiaChurch 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.
- how to calculate NOI on an apartment buildingHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- capitalization rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- cash-on-cash return explainedCash-on-cash return on apartment buildings: the formula, a worked deal, and Georgia asks at today's rates.
- rental property cash flow calculatorRent roll and expenses in one model: NOI, cash flow and cash-on-cash, with a PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. ©2026 First Multiple Listing Service, Inc.