NOT LISTED FOR SALE

3286 Panola Rd Lithonia, GA 30038

Lithonia Neighborhood

Estimated Value: $238,000 - $247,318

3 Beds
2 Baths
1,386 Sq Ft
$176/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $185,000 $133 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,792/month

21 Days on Market

Highlights

  • 2.8 Acre Lot
  • 1 Fireplace
  • Den
  • Private Lot
  • No HOA
  • 1-Story Property

About This Home

As of December 2021

Opportunity awaits you in Stonecrest, Ga. This 2.8 acre property is perfect for you. Potential investors looking for a rental property with room to expand and create more rentals. Builders and developers who are looking to build your custom homes, and create a small subdivision. Or do you want to build your own private estate, or a McMansion. Have horses or want a farm, or do you want room to have a garden to grow your own food? The current owner planned to build a subdivision but never came into fruition. Has plans and drawings to see what could be done at this location. This is your opportunity to get in place as the new Stonecrest continues to grow. Easy access to the interstate I-20, and 285, near retail and shopping. You could even be downtown in 20 mins. There is a 3 bed 2 bath all brick ranch currently on this lot with a tenant. Built in equity from recent appraisal. If you walk this property, your creative mind will be inspired. Are you ready to make your dreams a reality? Dreams are worth living! ***PLEASE DO NOT DISTURB THE TENANT. SHOWN BY APPOINTMENT ONLY.***

Last Listed By

Mario Fogg

Living The Dream Realty LLC License #388874 Listed on: 09/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,677

Year Built

  • Built in 1961

Lot Details

  • 2.8 Acre Lot
  • Private Lot
  • Level Lot
  • Open Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,386 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Den
  • Carpet
  • Crawl Space
  • Convection Oven

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Schools

  • Flat Rock Elementary School
  • Salem Middle School
  • Martin Luther King Jr High School

Utilities

  • Central Air
  • Floor Furnace
  • Private Water Source
  • Septic Tank

Community Details

  • No Home Owners Association
  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,677

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Financing Type: Conventional 95%
  • Levels: One
  • Lot Size Acres: 2.8
  • Property Sub-Type: Single Family Residence
  • Structure Type: Other
  • Total Finished Area2: 1386
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Convection Oven, Refrigerator
  • Bedrooms: 3
  • Basement: Crawl Space
  • Total Finished Sq Ft: 1386
  • Above Grade Finished Sq Ft: 1386
  • Interior Amenities: Master On Main Level
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Price Per Square Foot: 133.48

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Brick
  • Lot Features: Level, Open Lot, Private
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 3

Utilities

  • Cooling: Electric, Central Air
  • Heating: Electric, Floor Furnace
  • Laundry Features: None
  • Sewer: Septic Tank
  • Utilities: None
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Flat Rock
  • High School: Martin Luther King Jr
  • Middle School: Salem
  • Elementary School: Flat Rock
  • Middle School: Salem
  • High School: Martin Luther King Jr

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1677.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Dec 10, 2021
Sold by
Dickinson Horace
Bought by
Abdullah Rahamad
Seller's Agent
Mario Fogg
Living The Dream Realty LLC
Buyer's Agent
bikash Chhetri
Virtual Properties Realty.com
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Total Days on Market
21
Current Estimated Value
$243,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,330
Avg. Annual Appreciation
8.09%
Original Mortgage
$175,750
Outstanding Balance
$163,040
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$78,905

Purchase Details

Closed on
Jan 31, 2001
Sold by
Dickinson Horace
Bought by
Dickinson Horace and Dickinson Belinda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 1999
Sold by
Brooks Herbert H
Bought by
Brooks Pauline L

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
Abdullah Rahamad $185,000 --
Dickinson Horace -- --
Dickinson Horace $129,000 --
Brooks Pauline L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdullah Rahamad $175,750
Closed Abdullah Rahamad $175,750
Previous Owner Dickinson Horace $101,561
Previous Owner Dickinson Horace $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $185,000 -7.5% $133 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $200,000 -- $144 / 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
2023 $5,155 $64,040 $8,920 $55,120
2022 $2,690 $54,080 $8,920 $45,160
2021 $2,282 $44,120 $8,920 $35,200
2020 $1,990 $37,960 $8,920 $29,040
2019 $1,867 $35,400 $8,920 $26,480
2018 $1,282 $22,320 $8,920 $13,400
2017 $1,204 $20,200 $8,920 $11,280
2016 $1,485 $26,520 $8,920 $17,600
2014 $748 $9,600 $8,920 $680
Source: Public Records

Agents Affiliated with this Home

  • Mario Fogg

    Seller's Agent in 2021

    Mario Fogg

    Living The Dream Realty LLC

    (404) 637-7912

    3 in this area

    32 Total Sales

    Mario Fogg
    Section Image
  • bikash Chhetri

    Buyer's Agent in 2021

    bikash Chhetri

    Virtual Properties Realty.com

    (404) 910-8431

    8 in this area

    252 Total Sales

    bikash Chhetri
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 9044666

Georgia MLS

APN: 16-043-04-007

Georgia DeKalb County Lithonia 30038 Lithonia

3286 Panola Rd, Lithonia, GA

Homes for Sale in Lithonia, GA

This home is located at 3286 Panola Rd, Lithonia, GA 30038 since 02 September 2021 and is currently estimated at $243,330, approximately $175 per square foot. This property was built in 1961. 3286 Panola Rd is a home located in DeKalb County with nearby schools including Flat Rock Elementary School, Salem Middle School, and Martin Luther King- Jr. High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

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