NOT LISTED FOR SALE

2053 Downs Place Lithonia, GA 30058

Estimated Value: $248,000 - $272,862

4 Beds
2 Baths
1,868 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 06, 2013

Last sale price $71,000 $38 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $1,771/month

Highlights

  • Deck
  • High Ceiling
  • Tray Ceiling
  • Traditional Architecture
  • Breakfast Area or Nook
  • Soaking Tub

About This Home

As of January 2014

LOVELY RECENTLY UPDATED HOME WITH NEW PAINT AND NEW CARPET! HOME IN CUL-DE-SAC IN QUIET N'BORHOOD! PROFESSIONALLY MANAGED WITH FULL WARRANTY SERVICE & PREVENTATIVE MAINTENANCE PROGRAM.

Last Agent to Rent the Property

Rahwa Tassaw

Atlanta Fine Homes - Sotheby's Int'l License #346478 Listed on: 11/07/2013

Last Renter's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,705

Year Built

  • Built in 1988

Lot Details

  • Fenced
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,868 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Carpet
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Soaking Tub

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Panola Downs Subdivision

Listing and Financial Details

  • 12-Month Min and 24-Month Max Lease Term
  • $50 Application Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,705

Year Built

Built in 1988

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Pet Deposit: 250

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1988
  • ArchitecturalStyle: Traditional
  • Financing Type: LEASE
  • Levels: Two
  • Lot Size Acres: .00
  • Property Sub-Type: Single Family Residence
  • Max Rental Period Months: 24
  • Min Rental Period Months: 12
  • Total Finished Area2: 1868
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Bedrooms: 4
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: None
  • Total Finished Sq Ft: 1868
  • Above Grade Finished Sq Ft: 1868
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Double Vanity, Soaking Tub, Walk-In Closet(s), Split Bedroom Plan
  • Full Bathrooms: 2
  • Fireplace Features: Family Room
  • Flooring: Carpet
  • Kitchen Features: Breakfast Area
  • Furnished: Unfurnished
  • Price Per Square Foot: 0.53533

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Other
  • Fencing: Fenced
  • Foundation Details: Slab
  • Lot Features: Level
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Application Fee: 50
  • PetsAllowed: Call

Fee Information

  • Fee Paid: Yes
  • Association Fee Includes: None

Schools

  • Elementary School: Panola Way
  • High School: Miller Grove
  • High School Bus: Yes
  • Middle School: Miller Grove
  • Middle School Bus: Yes
  • Elementary School: Panola Way
  • Middle School: Miller Grove
  • High School: Miller Grove

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2017
Sold by
2015 3 Ih2 Borrower
Bought by
Project Promise Atlanta Llc
Current Estimated Value
$261,216

Purchase Details

Closed on
Oct 5, 2016
Sold by
2015 3 Ih2 Borrower Lp
Bought by
2015 3 Ih2 Borrower Trust Llc

Purchase Details

Closed on
Jun 25, 2015
Sold by
Ih2 Property Georgia Lp
Bought by
2015 3 Ih2 Borrower Lp

Purchase Details

Listed on
Apr 19, 2013
Closed on
Aug 6, 2013
Sold by
Duncombe Brittany L
Bought by
Ih2 Property Georgia Lp
Seller's Agent
MARLON RANKINE
NOT A VALID MEMBER
Buyer's Agent
Marc Oppenheimer
Atlanta Communities
List Price
$65,000
Sold Price
$71,000
Premium/Discount to List
$6,000
9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%

Purchase Details

Closed on
May 30, 2007
Sold by
Vaughn Christopher
Bought by
Duncombe Brittany L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2002
Sold by
Wilkerson Kenneth L
Bought by
Vaughn Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,900
Interest Rate
7.02%
Mortgage Type
New Conventional
Source: Public Records

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
Project Promise Atlanta Llc $7,332,547 --
2015 3 Ih2 Borrower Trust Llc -- --
2015 3 Ih2 Borrower Lp -- --
Ih2 Property Georgia Lp $71,000 --
Duncombe Brittany L $122,000 --
Vaughn Christopher $122,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duncombe Brittany L $122,000
Previous Owner Vaughn Christopher $112,900
Previous Owner Wilkerson Kenneth L $105,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2014 01/22/14 Rented $1,000 0.0% --
01/21/2014 01/21/14 Under Contract -- -- --
11/07/2013 11/07/13 For Rent $1,000 0.0% --
08/06/2013 08/06/13 Sold $71,000 +9.2% $38 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $65,000 -- $35 / Sq Ft
Source: Georgia MLS

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
2024 $4,705 $99,200 $16,480 $82,720
2023 $4,705 $99,200 $16,480 $82,720
2022 $3,697 $76,700 $7,400 $69,300
2021 $2,506 $49,560 $7,400 $42,160
2020 $2,473 $48,800 $7,400 $41,400
2019 $2,308 $45,040 $7,400 $37,640
2018 $1,843 $39,080 $7,400 $31,680
2017 $1,935 $33,360 $3,600 $29,760
2016 $1,756 $32,240 $3,600 $28,640
2014 -- $28,364 $3,004 $25,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 7181050

Georgia MLS

APN: 16-038-08-016