NOT LISTED FOR SALE

2050 Downs Place Lithonia, GA 30058

Estimated Value: $228,000 - $260,000

3 Beds
2.5 Baths
1,582 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $88,000 $56 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,777/month

48 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Open to Family Room
  • Private Lot
  • Great Room
  • Cul-De-Sac

About This Home

As of May 2017

Recently renovated! 3 bedrooms, 2.5 baths with separate living and dining room. The home is ready for a the new owner. New paint and carpet. Fenced yard with patio perfect for entertaining. The home is located in a Cul-De-Sac on a quiet street. 2 Car garage! Nice size lot! Go and show!

Last Listed By

ANJANETTE FOUNTAIN

Sellect Realty LLC License #277538 Listed on: 02/17/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,483

Year Built

  • Built in 1988

Lot Details

  • 8,712 Sq Ft Lot
  • Cul-De-Sac
  • Fenced
  • Private Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,582 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Carpet
  • Laundry on lower level

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

  • Panola Way Elementary School
  • Miller Grove Middle School
  • Lithonia High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Panola Downs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16 038 08 013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,483

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1988
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen, Laminate Counters, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story, Other
  • Square Footage: 1582.00

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Lower Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Fencing: Fenced

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Lower Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Public Transportation
  • Subdivision Complex: Panola Downs

Schools

  • Elementary School: Panola Way
  • Middle School: Miller Grove
  • High School: Lithonia

Lot Info

  • Acres: 0.2000
  • Lot Features: Cul-De-Sac, Private
  • Parcel Number: 16 038 08 013
  • Property Attached Yn: No

Tax Info

  • Taxes: 1483.00
  • Assessor Parcel Number: 16-038-08-013
  • Close Date: 2017-05-19
  • Tax Year: 2016

MLS Schools

  • Elementary School: Panola Way
  • High School: Lithonia
  • Middle School: Miller Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2018
Sold by
Arvm 5 Llc
Bought by
Arc Rental Msr I Llc
Total Days on Market
48
Current Estimated Value
$246,729

Purchase Details

Listed on
Feb 17, 2017
Closed on
May 19, 2017
Sold by
Dekalb Lithonia Housing Group
Bought by
Arvm 5 Llc
Seller's Agent
ANJANETTE FOUNTAIN
Sellect Realty LLC
Buyer's Agent
Spencer Lindahl
NOT A VALID MEMBER
List Price
$99,000
Sold Price
$88,000
Premium/Discount to List
-$11,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%

Purchase Details

Closed on
Feb 15, 2012
Sold by
Jackson Walter
Bought by
Dekalb Lithonia Housing Grp Ll

Purchase Details

Closed on
Sep 28, 2011
Sold by
Robert Kennedy
Bought by
Jackson Walter

Purchase Details

Closed on
Sep 22, 2011
Sold by
Evans Lousi
Bought by
Evans Lousi and Evans Ella

Purchase Details

Closed on
Oct 1, 2004
Sold by
Hud
Bought by
Evans Louis and Evans Ella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2003
Sold by
Washington Mutual Bank Fa
Bought by
Hud

Purchase Details

Closed on
Oct 21, 1997
Sold by
Benton Carey
Bought by
Tate Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,750
Interest Rate
9%
Mortgage Type
FHA

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arc Rental Msr I Llc $141,739 --
Arvm 5 Llc $88,000 --
Dekalb Lithonia Housing Grp Ll -- --
Jackson Walter $30,111 --
Robert Kennedy $21,000 --
Evans Lousi -- --
Evans Louis -- --
Hud -- --
Washington Mutual Bk Fqa $101,987 --
Tate Alexis $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Louis $89,100
Previous Owner Tate Alexis $77,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $88,000 -11.1% $56 / Sq Ft
04/26/2017 04/26/17 Price Changed $99,000 0.0% $63 / Sq Ft
04/26/2017 04/26/17 For Sale $99,000 -0.9% $63 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $99,900 0.0% $63 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $99,900 -- $63 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,748 $101,000 $16,000 $85,000
2022 $2,579 $51,240 $7,200 $44,040
2021 $2,579 $51,240 $7,200 $44,040
2020 $2,242 $51,240 $7,200 $44,040
2019 $2,325 $45,440 $7,200 $38,240
2018 $1,561 $30,680 $7,200 $23,480
2017 $1,785 $33,000 $3,480 $29,520
2016 $1,483 $26,080 $3,480 $22,600
2014 $1,990 $36,640 $3,480 $33,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5807121

First Multiple Listing Service (FMLS)

APN: 16-038-08-013