NOT LISTED FOR SALE

5461 Panola Downs Rd Lithonia, GA 30058

Estimated Value: $218,000 - $239,000

3 Beds
2 Baths
1,396 Sq Ft
$165/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $102,000 $73 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,662/month

49 Days on Market

Highlights

  • Traditional Architecture
  • Cul-De-Sac
  • Walk-In Closet
  • Corner Lot
  • Eat-In Kitchen
  • Patio

About This Home

As of July 2019

Calling Investors!!! Rental property with long time tenant in place who wants to remain!! Three bedrooms, 2 baths home with income potential.... Make your best offer!!

Last Listed By

Willie Mae Whitlock

Virtual Properties Realty.Net, LLC. License #277375 Listed on: 04/24/2019

Virtual Properties Realty.Net, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,484

Year Built

  • Built in 1986

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts an easement
  • Cul-De-Sac
  • Back Yard Fenced
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,396 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Family Room with Fireplace
  • Carpet
  • Laundry in Hall

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 110 Volts
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Washer and Dryer
  • Patio

Community Details

  • Panola Downs Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / A
  • Assessor Parcel Number 16 038 03 051

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,484

Year Built

Built in 1986

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: 1986
  • Accessibility Features: Accessible Washer/Dryer
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1396.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Patio

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: Natural Gas
  • Laundry Features: In Hall
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Panola Downs

Schools

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

Lot Info

  • Acres: 0.2000
  • Lot: 9
  • Deed Book: 6073
  • Deed Page: 328
  • Lot Features: Corner Lot, Cul-De-Sac
  • Lot Dimensions: x
  • Parcel Number: 16 038 03 051
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1484.00
  • Assessor Parcel Number: 16-038-03-051
  • Close Date: 2019-07-29
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jul 29, 2019
Sold by
Maddox David
Bought by
Vsp Atlanta Llc
Seller's Agent
Willie Mae Whitlock
Virtual Properties Realty.Net, LLC.
Buyer's Agent
Julie Colquitt
Sylvan Realty, LLC.
List Price
$120,000
Sold Price
$102,000
Premium/Discount to List
-$18,000
-15%
Total Days on Market
49
Current Estimated Value
$230,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,713
Avg. Annual Appreciation
15.06%

Range of Values:

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Average Value
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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
Vsp Atlanta Llc $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maddox David $91,371
Previous Owner Maddox David $104,550
Previous Owner Maddox David $84,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $102,000 -15.0% $73 / Sq Ft
07/12/2019 07/12/19 For Sale $120,000 +17.6% $86 / Sq Ft
06/24/2019 06/24/19 Off Market $102,000 -- --
06/12/2019 06/12/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $120,000 -- $86 / 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 $4,444 $91,520 $16,000 $75,520
2022 $3,666 $75,880 $7,200 $68,680
2021 $2,571 $50,920 $7,200 $43,720
2020 $2,127 $40,800 $6,520 $34,280
2019 $2,044 $38,920 $7,200 $31,720
2018 $1,676 $35,280 $7,200 $28,080
2017 $1,484 $26,040 $3,480 $22,560
2016 $1,455 $25,320 $3,545 $21,775
2014 $843 $25,320 $3,480 $21,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6536562

First Multiple Listing Service (FMLS)

APN: 16-038-03-051