$108,000
SOLD NOV 9, 2018

503 Thomas Downs Way Jonesboro, GA 30238

5 Beds
2.5 Baths
2,160 Sq Ft
0.3 Acres

Recently Sold

$50 Per Sq Ft

10% Below List Price

60 Days on Market

Highlights

  • Traditional Architecture
  • Enclosed patio or porch
  • Vaulted Bathroom Ceilings
  • Corner Lot
  • Breakfast Room
  • Ceiling height of 9 feet on the main level

About This Home

As of August 2022

SHORT SALE!! Come home to this 5Brm/2.5Ba corner lot in family neighborhood. Traditional home w/ formal living room, dining room and family room. Spacious bedrooms. Original owner. Home needs cosmetic updating. Newer HVAC condenser. Great Deal for first time home buyer or investor!

Last Agent to Sell the Property

Michelle Beaver

NOT A VALID MEMBER License #359984 Listed on: 07/21/2018

NOT A VALID MEMBER

Co-Listed By

Lisa Drayton

SRT Realty License #371701

Last Buyer's Agent

Travis Lewis

NOT A VALID MEMBER License #365874

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,244

Year Built

  • Built in 1991

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • Driveway Level

Schools

  • Pointe South Elementary School
  • Mundys Mill Middle School
  • Mundys Mill High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Satellite Dish

Additional Features

  • Accessible Entrance
  • Enclosed patio or porch

Community Details

  • Thomas Downs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05214C B005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,244

Year Built

Built in 1991

Lot Details

0

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: 1991
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: 12
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Other Equipment: Satellite Dish
  • Appliances: Dishwasher, Electric Range, Microwave
  • Interior Amenities: High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Walk-In Closet(s)
  • Kitchen Features: Breakfast Room, Laminate Counters, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2160.00

Beds/Baths

  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub, Vaulted Ceilings

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Carport Spaces: 2
  • Parking Features: Carport, Garage Door Opener, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • Subdivision Complex: Thomas Downs

Schools

  • Elementary School: Pointe South
  • Middle School: Mundys Mill
  • High School: Mundys Mill

Lot Info

  • Acres: 0.3010
  • Deed Book: 2023
  • Deed Page: 226
  • Lot Features: Corner Lot, Level
  • Parcel Number: 05214C B005
  • Property Attached Yn: No

Tax Info

  • Taxes: 1244.00
  • Assessor Parcel Number: 05-0214C-00B-005
  • Close Date: 2018-11-09
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Pointe South
  • High School: Mundys Mill
  • Middle School: Mundys Mill

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
$270,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,532
Avg. Annual Appreciation
0.83%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $265,000 --
Warranty Deed -- --
Warranty Deed $230,000 --
Warranty Deed $108,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,200 FHA
Open $50,000,000 Mortgage Modification
Previous Owner $104,760 New Conventional
Previous Owner $146,000 Stand Alone Second
Previous Owner $123,000 Stand Alone Second
Previous Owner $107,000 Stand Alone Second
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: 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
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: First Multiple Listing Service (FMLS)

MLS Number: 6046642

First Multiple Listing Service (FMLS)

APN: 05-0214C-00B-005