NOT LISTED FOR SALE

503 Thomas Downs Way Jonesboro, GA 30238

Estimated Value: $255,000 - $274,000

5 Beds
2.5 Baths
2,160 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $265,000 $123 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,741/month

14 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Corner Lot
  • Traditional Architecture
  • 1 Fireplace
  • No HOA

About This Home

As of August 2022

Cute 5 bedroom, 2.5 bathroom home located in quiet Thomas Downs! Awesome kitchen includes stainless appliances and an abundance of cabinet space. Well-lit fireside family room with multiple windows. Spacious bedrooms upstairs perfect for your whole family! Huge backyard perfect for entertaining your guests this football season!

Last Agent to Sell the Property

Brian York

Ribbon Home Advisors, LLC License #418745 Listed on: 07/11/2022

Last Buyer's Agent

Wanda Dennis

Joe Stockdale Real Estate License #403108

Joe Stockdale Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,539

Year Built

  • Built in 1991

Lot Details

  • 0.3 Acre Lot
  • Corner Lot

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Family Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Kemp Elementary School
  • Mundys Mill Middle School
  • Mundys Mill High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Thomas Downs Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,539

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: 0.3
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2160
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Other
  • Bedrooms: 5
  • Basement: None
  • Total Finished Sq Ft: 2160
  • Above Grade Finished Sq Ft: 2160
  • Interior Amenities: Vaulted Ceiling(s), High Ceilings
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Hardwood, Carpet
  • Price Per Square Foot: 122.69

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Wood Siding
  • Lot Features: Corner Lot
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Kemp
  • High School: Mundys Mill
  • High School Bus: Yes
  • Middle School: Mundys Mill
  • Middle School Bus: Yes
  • Elementary School: Kemp
  • Middle School: Mundys Mill
  • High School: Mundys Mill

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2538.8

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 19, 2022
Sold by
Ribbon Home Spv Ii Llc
Bought by
Willis Dana R
Seller's Agent
Brian York
Ribbon Home Advisors, LLC
Buyer's Agent
Wanda Dennis
Joe Stockdale Real Estate
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$263,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,461
Avg. Annual Appreciation
0.79%
Original Mortgage
$260,200
Outstanding Balance
$250,736
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$20,805

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 5, 2022
Sold by
Robbin Home Spv Ii Llc
Bought by
Ribbon Home Spv V Llc
Seller's Agent
Brian York
Ribbon Home Advisors, LLC
Buyer's Agent
Wanda Dennis
Joe Stockdale Real Estate
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Outstanding Balance
$250,736
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$20,805

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 7, 2021
Sold by
Childs Wanda Ann
Bought by
Robbin Home Spv Ii Llc
Seller's Agent
Shevonne Rumph
HomeSmart
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%

Purchase Details

Listed on
Jul 21, 2018
Closed on
Nov 9, 2018
Sold by
Smith-Bowman Michelle R
Bought by
Childs Wanda Ann
Seller's Agent
Michelle Beaver
NOT A VALID MEMBER
Buyer's Agent
Travis Lewis
NOT A VALID MEMBER
List Price
$120,000
Sold Price
$108,000
Premium/Discount to List
-$12,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.62%
Original Mortgage
$104,760
Interest Rate
4.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Willis Dana R $265,000 --
Ribbon Home Spv V Llc -- --
Robbin Home Spv Ii Llc $230,000 --
Childs Wanda Ann $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Dana R $260,200
Closed Ribbon Home Spv V Llc $50,000,000
Previous Owner Childs Wanda Ann $104,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $265,000 0.0% $123 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $265,000 0.0% $123 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $265,000 +17.8% $123 / Sq Ft
09/17/2021 09/17/21 For Sale $225,000 -2.2% $104 / Sq Ft
09/07/2021 09/07/21 Sold $230,000 +2.2% $106 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $225,000 +108.3% $104 / Sq Ft
11/13/2018 11/13/18 Price Changed $108,000 0.0% $50 / Sq Ft
11/09/2018 11/09/18 Sold $108,000 -10.0% $50 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $120,000 0.0% $56 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/21/2018 07/21/18 For Sale $120,000 -- $56 / 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 $4,128 $104,920 $7,200 $97,720
2023 $3,827 $106,000 $7,160 $98,840
2022 $3,368 $84,920 $7,200 $77,720
2021 $2,574 $64,280 $7,200 $57,080
2020 $2,484 $61,223 $7,200 $54,023
2019 $1,789 $43,200 $5,600 $37,600
2018 $1,750 $52,255 $5,600 $46,655
2017 $1,244 $39,702 $5,600 $34,102
2016 $1,260 $40,094 $5,600 $34,494
2015 $1,255 $0 $0 $0
2014 $937 $32,652 $5,600 $27,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20056923

Georgia MLS

APN: 05-0214C-00B-005