NOT LISTED FOR SALE

5489 Downs Way Lithonia, GA 30058

Estimated Value: $212,000 - $260,000

3 Beds
2 Baths
1,484 Sq Ft
$156/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $137,000 $92 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,431/month

12 Days on Market

Highlights

  • Property is walking distance to MARTA
  • Community Spa
  • White Kitchen Cabinets
  • Traditional Architecture
  • Formal Dining Room
  • Eat-In Country Kitchen

About This Home

As of December 2019

Calling all investors! Please note this home is being sold "as-is." Great location! Close to shopping, the Panola Road Park and ride, Marta. I 20 at Panola and 285 at Covington Hwy. Three bed, 2 baths, 2 car garage, family room with fireplace, formal dining and eat in kitchen. Private backyard and patio area.

Last Agent to Sell the Property

Andrea Cheney

NOT A VALID MEMBER License #218587 Listed on: 11/23/2019

Last Buyer's Agent

Nickisha Hylton

Divinity Realty Group By Hylton License #376692

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1988

Lot Details

  • 4,356 Sq Ft Lot
  • Property fronts a private road
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof

Interior Spaces

  • 1,484 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Laundry in Hall

Kitchen

  • Eat-In Country Kitchen
  • Gas Range
  • Dishwasher
  • Laminate Countertops
  • White Kitchen Cabinets

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Patio
  • Front Porch

Location

  • Property is walking distance to MARTA
  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 26 / A
  • Assessor Parcel Number 16 059 01 273

Community Details

Overview

  • Panola Downs Subdivision

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,526

Year Built

Built in 1988

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: 1988
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater
  • Kitchen Features: Cabinets Other, Cabinets White, Country Kitchen, Eat-in Kitchen, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1484.00
  • Spa Features: Community
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Roof Type: Composition
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: In Hall
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Near Marta, Near Shopping, Street Lights
  • Subdivision Complex: Panola Downs

Lot Info

  • Acres: 0.1000
  • Lot: 26
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: x
  • Parcel Number: 16 059 01 273
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1526.00
  • Tax Year: 2018

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
Nov 23, 2019
Closed on
Dec 31, 2019
Sold by
Cheney Peggy E
Bought by
Smith Keran Collis
Seller's Agent
Andrea Cheney
NOT A VALID MEMBER
Buyer's Agent
Nickisha Hylton
Divinity Realty Group By Hylton
List Price
$130,000
Sold Price
$137,000
Premium/Discount to List
$7,000
5.38%
Current Estimated Value
$232,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,188
Avg. Annual Appreciation
9.24%
Original Mortgage
$125,457
Outstanding Balance
$109,947
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$122,241

Purchase Details

Closed on
Jun 6, 2002
Sold by
Pope Amber M
Bought by
Channer Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,137
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1999
Sold by
Secretary and Hud
Bought by
Pope Amber M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,958
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 1999
Sold by
Georgia Housing & Finance Auth
Bought by
Sect Of Hud

Purchase Details

Closed on
Sep 21, 1995
Sold by
Jeter Herman C Gloria
Bought by
Lee Charlene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Keran Collis $137,000 --
Channer Peggy $110,000 --
Pope Amber M -- --
Sect Of Hud -- --
Georgia Housing & Finance $84,100 --
Lee Charlene $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Keran Collis $125,457
Previous Owner Channer Peggy $109,137
Previous Owner Pope Amber M $78,958
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $137,000 +5.4% $92 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
11/23/2019 11/23/19 For Sale $130,000 -- $88 / 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
2025 $2,530 $90,080 $16,000 $74,080
2024 $2,638 $92,560 $16,000 $76,560
2023 $2,638 $93,600 $16,000 $77,600
2022 $2,007 $68,520 $7,200 $61,320
2021 $1,747 $57,240 $7,200 $50,040
2020 $1,577 $49,680 $7,200 $42,480
2019 $1,032 $42,440 $7,200 $35,240
2018 $988 $34,680 $7,200 $27,480
2017 $907 $27,400 $3,480 $23,920
2016 $896 $27,640 $3,480 $24,160
2014 $959 $29,400 $3,480 $25,920
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Andrea Cheney

    NOT A VALID MEMBER

    Section Image

  • N

    Buyer's Agent in 2019

    Nickisha Hylton

    Divinity Realty Group By Hylton

    (720) 297-0445

    2 in this area

    78 Total Sales

    Nickisha Hylton
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6649270

First Multiple Listing Service (FMLS)

APN: 16-059-01-273

Georgia DeKalb County Lithonia 30058

5489 Downs Way, Lithonia, GA

Not Listed for Sale

Detached

First Multiple Listing Service (FMLS) Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes