$205,000

5474 Panola Downs Rd Lithonia, GA 30058

Estimated payment $1,426/month

Total Views 762
3 Beds
2 Baths
1,148 Sq Ft
$179 Price per Sq Ft

Highlights

  • Popular Property
  • Vaulted Ceiling
  • Solid Surface Countertops
  • Property is near public transit
  • 1 Fireplace
  • No HOA

About This Home

Why keep scrolling? This is the moment you pick up the phone and call your agent to arrange a tour. Priced at $205,000 to bring instant attention, this 3-bedroom, 2-bath ranch in Lithonia's established Panola Downs neighborhood offers that rare combination of move-in ready condition and genuine affordability that first-time buyers and investors alike have been searching for. The first takeaway upon crossing the threshold is the sense of space. The vaulted ceiling in the living room goes a long way toward achieving this, as does the unmistakable sense of flow that extends past the corner-set fireplace with its crisp white mantel, through the dining area, and into the kitchen beyond. Durable gray-toned laminate wood floors play nicely off a clean, contemporary color palette that serves as the backdrop for whatever the moving truck drops off. It's a clear canvas here. The kitchen received attention where it counts: white cabinetry provides plenty of storage, granite countertops offer durability and style, and stainless steel appliances including a gas range make meal prep a genuine pleasure rather than a chore. Easy-to-maintain tile flooring keeps things practical in the high-traffic cooking zone, and the open sightlines to the living and dining areas mean the cook never misses out on the conversation. Down the hall, three bedrooms offer flexibility for a growing family or for converting one into a dedicated home office. The primary suite enjoys its own ensuite bath for added privacy, while the two additional bedrooms share a second full bathroom. Plenty of closet space throughout keeps organization simple. Out back, mature trees frame the property, lending that slightly tucked-away feeling even though you're still conveniently close to everything. The yard has room enough for weekend activities or future plans, whether that's a garden, a deck, or simply letting the dog roam. And speaking of convenience: Panola Downs Road sits in that sweet spot where suburban tranquility meets easy access. Covington Highway and I-20 are just minutes away, making commutes into the city manageable. Nearby shopping at the Kroger center, Stonecrest MarketPlace, and all the daily errands are well within reach. Yet, pull into the driveway at the end of the day, and the quiet settles in. The single-level floor plan is worth mentioning twice. No stairs to navigate, everything on one level, with a one-car garage for secure parking and a bit of extra storage. It's the kind of practical, no-fuss layout that works whether you're just starting out or scaling down. 5474 Panola Downs is unique among its competitors. You will not find a better design for your long-term use at this price point in this part of the Metro. Offered as a no-questions, no-surprises move-in ready package deal, this is an exceptional value in an area that continues to appreciate over time. So, if you're a ready-to-act buyer, call your agent today for a private tour and submit your best offer because homes of this caliber at this price remain rare in this evolving market. Serious inquiries only.

Listing Agent

Joshua Keen

Keller Williams Realty Brokerage Phone: 1404538535 License #267264 Listed on: 11/28/2025

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,215

Year Built

  • Built in 1987

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,148 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Panola Downs Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,215

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • ArchitecturalStyle: Bungalow/Cottage
  • Levels: One
  • Lot Size Acres: .15
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1148
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Oven/Range (Combo), Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1148
  • Above Grade Finished Sq Ft: 1148
  • Interior Amenities: Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Flooring: Vinyl, Tile
  • Kitchen Features: Solid Surface Counters, Breakfast Area

Beds/Baths

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

Exterior Features

  • Construction Materials: Wood Siding
  • Lot Features: Level
  • Patio And Porch Features: Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage
  • ParkingTotal: 1

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Walk To Schools, Walk To Public Transit

Fee Information

  • Association Fee Includes: None

Schools

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

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4215

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $4,215 $86,160 $16,370 $69,790
2024 $4,211 $86,160 $16,000 $70,160
2023 $4,211 $86,160 $16,000 $70,160
2022 $2,386 $46,680 $7,200 $39,480
2021 $2,386 $46,680 $7,200 $39,480
2020 $1,954 $46,680 $7,200 $39,480
2019 $1,954 $36,840 $7,200 $29,640
2018 $1,396 $23,640 $3,546 $20,094
2017 $1,379 $23,640 $3,546 $20,094
2016 $1,225 $23,640 $3,480 $20,160
2014 $1,388 $23,200 $3,480 $19,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2025 11/28/25 For Sale $205,000 +225.4% $179 / Sq Ft
05/24/2013 05/24/13 Sold $63,000 0.0% $55 / Sq Ft View Prior Sale
05/03/2013 05/03/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $63,000 -- $55 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $128,036 --
Limited Warranty Deed $3,413,870 --
Warranty Deed $63,000 --
Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,650 New Conventional
Source: Public Records

Source: Georgia MLS

MLS Number: 10650327

Georgia MLS

APN: 16-038-08-005