NOT LISTED FOR SALE

5490 Panola Downs Rd Lithonia, GA 30058

Estimated Value: $234,000 - $269,000

4 Beds
3 Baths
1,838 Sq Ft
$137/Sq Ft Est. Value

Last Sold February 23, 2017

Last sale price $87,000 $47 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $1,806/month

128 Days on Market

Highlights

  • Separate his and hers bathrooms
  • Deck
  • Private Lot
  • Fireplace in Primary Bedroom
  • Property is near public transit
  • Traditional Architecture

About This Home

As of February 2017

Calling all investors. Collect cash flow from day one. Pays $1100+/ Month with high Cap Rate. Occupied-Please do not disturb. Fabulous floorplan with updated kitchen, large spacious bedrooms fresh neutral paint throughout. Well-kept home located near shopping, restaurants, good schools and easy access to the hwy. Add this beautiful home to your portfolio now. It won't last. Easy Appointments.

Last Listed By

Christopher Brazle

Coldwell Banker Realty License #285109 Listed on: 09/13/2016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,791

Year Built

  • Built in 1988

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced
  • Landscaped
  • Private Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Split Level Home
  • Wood Roof
  • Vinyl Siding

Interior Spaces

  • 1,838 Sq Ft Home
  • Bookcases
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Great Room
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Carpet
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Panola Downs Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / A
  • Assessor Parcel Number 16 059 01 275

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,791

Year Built

Built in 1988

Lot Details

0

Parking

1

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
  • Fireplace Features: Master Bedroom
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Bookcases, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Laminate Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story, Living Room
  • Dining Room Features: Dining L
  • Square Footage: 1838.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Tub/Shower Combo

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Wood
  • Fencing: Fenced
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping, Public Transportation, Sidewalks, Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Panola Downs

Schools

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

Lot Info

  • Acres: 0.1000
  • Lot: 24
  • Land/Lot: 24
  • Deed Book: 21581
  • Deed Page: 00606
  • Plat Book: 0086
  • Plat Page: 0045
  • Lot Features: Landscaped, Private
  • Lot Dimensions: .316
  • Parcel Number: 16 059 01 275
  • Property Attached Yn: No

Tax Info

  • Taxes: 1791.00
  • Assessor Parcel Number: 16-059-01-275
  • Close Date: 2017-02-23
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Panola Way
  • High School: Redan
  • Middle School: Miller Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2016
Closed on
Feb 23, 2017
Sold by
Vixio Technology Llc
Bought by
Dozier Angela L
Seller's Agent
Christopher Brazle
Coldwell Banker Realty
Buyer's Agent
Lisa McPherson
Heritage Oaks Realty, LLC
List Price
$89,000
Sold Price
$87,000
Premium/Discount to List
-$2,000
-2.25%
Total Days on Market
128
Current Estimated Value
$251,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,094
Avg. Annual Appreciation
13.60%
Original Mortgage
$69,600
Outstanding Balance
$58,703
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$190,480

Purchase Details

Closed on
Jul 30, 2009
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Vixio Technology Llc

Purchase Details

Closed on
Jun 2, 2009
Sold by
Indymac Federal Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 15, 2004
Sold by
Salinas Manuel D and Salinas Consuelo
Bought by
Bassoo Schubert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,310
Interest Rate
6.75%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Dozier Angela L $87,000 --
Vixio Technology Llc -- --
Federal National Mortgage Association -- --
Indymac Federal Bank Fsb $111,264 --
Bassoo Schubert $125,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dozier Angela L $69,600
Previous Owner Bassoo Schubert $113,310
Previous Owner Salinas Manuel D $69,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2017 02/23/17 Sold $87,000 -2.2% $47 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $89,000 0.0% $48 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
12/27/2016 12/27/16 Price Changed $89,000 -10.1% $48 / Sq Ft
11/11/2016 11/11/16 Price Changed $99,000 -10.0% $54 / Sq Ft
09/13/2016 09/13/16 For Sale $110,000 0.0% $60 / Sq Ft
09/03/2014 09/03/14 Rented $1,100 0.0% --
08/04/2014 08/04/14 Under Contract -- -- --
05/27/2014 05/27/14 For Rent $1,100 -- --
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 $4,805 $95,680 $16,000 $79,680
2022 $3,835 $79,520 $7,200 $72,320
2021 $2,701 $53,680 $7,200 $46,480
2020 $2,536 $49,920 $7,200 $42,720
2019 $2,094 $39,840 $7,200 $32,640
2018 $1,603 $31,880 $7,200 $24,680
2017 $1,804 $33,080 $3,480 $29,600
2016 $1,448 $30,080 $3,480 $26,600
2014 $1,791 $31,920 $3,480 $28,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5746765

First Multiple Listing Service (FMLS)

APN: 16-059-01-275