NOT LISTED FOR SALE

5468 Panola Downs Rd Lithonia, GA 30058

Estimated Value: $208,000 - $238,000

3 Beds
2 Baths
1,381 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $52,000 $38 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $1,420/month

11 Days on Market

About This Home

As of December 2013

Excellent investment! Just a little TLC and you have instant equity. Two story floor plan is perfect for growing family. Country kitchen with plenty of cabinets and bay window is open to the spacious family room. Your family will appreciate the cozy bedrooms privately situated on the upper level. Bathrooms feature ceramic tile floors. Location is conveniently located close to I20 for easy Atlanta commute. Better hurry as this price range is hard to find.

Last Listed By

Tricia Dorn

Colony Properties License #175688 Listed on: 11/01/2013

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,102

Year Built

  • 1987

Lot Details

  • 7,841

Home Design

  • Slab Foundation

Interior Spaces

  • 1,381 Sq Ft Home
  • Great Room

Schools

  • Panola Way / Dekalb / Dekalb County Elementary School
  • Miller Grove / Dekalb / Dekalb County Middle School
  • Redan / Dekalb / Dekalb County High School

Property Details

Home Type

Other

Est. Annual Taxes

$2,102

Year Built

1987

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1987

Interior Features

  • Fireplace(s): 1, In Great/Family Room
  • Basement: Slab/None
  • Kitchen Equipment: Range/Oven, Refrigerator
  • Interior Amenities: Cable TV Connections, Wall-to-wall Carpet
  • Laundry Location: Kitchen Area
  • Laundry Type: Closet
  • Total Finished Sq Ft: 1381
  • Kitchen / Breakfast: Breakfast Area

Garage/Parking

  • Parking: 1 Car, Attached, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Central, Zoned/Dual
  • Water/Sewer: Public Water, Sewer Connected

Schools

  • Elementary School: Panola Way / Dekalb / Dekalb County, GA
  • Elementary Bus Line: Yes
  • High School: Redan / Dekalb / Dekalb County, GA
  • High School Bus: Yes
  • Middle School: Miller Grove / Dekalb / Dekalb County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Level Lot
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Dec 27, 2013
Sold by
Federal National Mortgage Association
Bought by
Greene Michael
Seller's Agent
Tricia Dorn
Colony Properties
Buyer's Agent
Diane McLaughlin
BHGRE Metro Brokers
List Price
$59,900
Sold Price
$52,000
Premium/Discount to List
-$7,900
-13.19%
Total Days on Market
11
Current Estimated Value
$222,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,312
Avg. Annual Appreciation
13.76%
Original Mortgage
$41,600
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Dec 4, 2012
Sold by
Hernandez Jacklyn M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 13, 2007
Sold by
Mahaley Joseph
Bought by
Hernandez Jacklyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,600
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2006
Sold by
Dennis Edward A and Dennis Octavia B
Bought by
West Coast Rlty Svcs Inc

Purchase Details

Closed on
May 28, 2002
Sold by
Dennis Octavia B
Bought by
Dennis Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,275
Interest Rate
6.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Greene Michael $52,000 --
Federal National Mtg Associati $116,185 --
Wells Fargo Bank Na $116,185 --
Hernandez Jacklyn M $110,600 --
West Coast Rlty Svcs Inc $10,000 --
Dennis Edward A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Michael $155,400
Closed Greene $50,000
Closed Greene Michael $41,600
Previous Owner Hernandez Jacklyn M $110,600
Previous Owner Dennis Edward A $6,275
Previous Owner Davis Edward A $84,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2013 12/27/13 Sold $52,000 -5.3% $38 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
11/07/2013 11/07/13 Price Changed $54,900 -8.3% $40 / Sq Ft
11/01/2013 11/01/13 For Sale $59,900 -- $43 / 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 $2,102 $82,960 $16,000 $66,960
2022 $1,814 $75,440 $7,200 $68,240
2021 $1,129 $45,760 $7,200 $38,560
2020 $1,043 $41,880 $7,200 $34,680
2019 $920 $36,520 $7,200 $29,320
2018 $744 $32,840 $7,200 $25,640
2017 $727 $28,040 $3,480 $24,560
2016 $606 $23,000 $3,480 $19,520
2014 $572 $20,792 $2,792 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07178506

Georgia MLS

APN: 16-038-08-006