NOT LISTED FOR SALE

5499 Panola Downs Rd Lithonia, GA 30058

Estimated Value: $211,470 - $245,000

3 Beds
2 Baths
1,191 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $122,300 $103 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,573/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling height of 9 feet on the main level
  • Family Room
  • 1 Fireplace
  • Laundry Room
  • High Speed Internet

About This Home

As of May 2019

Great Split Level Home with 3 Bedrooms and 2 Full Bathrooms. Large Vaulted Living Room with Fireplace, Bright White Kitchen with Large Breakfast area, Spacious Bedrooms and Fenced Backyard. Incredible Opportunity for the Savvy Buyer.

Last Listed By

Modern Traditions Realty Group

RE/MAX Center Listed on: 03/15/2019

RE/MAX Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 1988

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 68x85x22x23x20x100
  • Property fronts a state road
  • Back and Front Yard

Parking

  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,191 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • 1 Fireplace
  • Family Room
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Heating Available
  • High Speed Internet

Community Details

  • Property has a Home Owners Association
  • Panola Downs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16 059 01 282

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,431

Year Built

Built in 1988

Lot Details

0

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: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Refrigerator, Gas Cooktop
  • Interior Amenities: High Ceilings 9 ft Main, High Speed Internet
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 1191.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition

Garage/Parking

  • Carport or Garage: 1
  • Number of Carport Spaces: 1

Utilities

  • Water Source: Public
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Electric: None

Condo/Co-op/Association

  • Association: Yes
  • Subdivision Complex: Panola Downs

Schools

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

Lot Info

  • Acres: 0.1000
  • Deed Book: 23883
  • Deed Page: 510
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: 68x85x22x23x20x100
  • Parcel Number: 16 059 01 282
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1431.00
  • Assessor Parcel Number: 16-059-01-282
  • Close Date: 2019-05-03
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
May 3, 2019
Sold by
American Residential Leasing Co Llc
Bought by
Lewis Winston R
Seller's Agent
Modern Traditions Realty Group
RE/MAX Center
Buyer's Agent
Joy Cutts
Maximum One Realtor Partners
List Price
$119,000
Sold Price
$122,300
Premium/Discount to List
$3,300
2.77%
Total Days on Market
18
Current Estimated Value
$220,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,318
Avg. Annual Appreciation
10.24%
Original Mortgage
$116,445
Outstanding Balance
$104,222
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$116,396

Purchase Details

Closed on
May 6, 2013
Sold by
Landsmith Lp
Bought by
American Residential Leasing C

Purchase Details

Closed on
Apr 10, 2013
Sold by
Performer Holdings Llc
Bought by
Precise Crof Llc

Purchase Details

Closed on
Nov 22, 2011
Sold by
Stix
Bought by
Performer Holdings Llc

Purchase Details

Closed on
Jul 29, 2011
Sold by
Secretary Of Housing And U
Bought by
Stix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2010
Sold by
Dixon Kendra T
Bought by
Chase Hm Fin Llc

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
Lewis Winston R $122,300 --
American Residential Leasing C $74,806 --
Landsmith Lp $69,750 --
Precise Crof Llc $61,000 --
Performer Holdings Llc $49,000 --
Stix -- --
Chase Hm Fin Llc $148,091 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Winston R $116,445
Previous Owner Stix $32,500
Previous Owner Dixon Kendra T $130,965
Previous Owner Dixon Kendra T $11,549
Previous Owner Dixon Kendra T $114,950
Previous Owner Dixon Kendra T $83,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $122,300 +2.8% $103 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $119,000 0.0% $100 / Sq Ft
07/17/2015 07/17/15 Rented $965 0.0% --
06/17/2015 06/17/15 Under Contract -- -- --
06/08/2015 06/08/15 For Rent $965 -- --
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 $4,130 $86,600 $16,000 $70,600
2022 $3,192 $65,000 $7,200 $57,800
2021 $2,307 $44,840 $7,200 $37,640
2020 $2,230 $43,080 $7,200 $35,880
2019 $1,426 $24,760 $3,466 $21,294
2018 $1,440 $24,759 $3,466 $21,293
2017 $1,431 $24,760 $3,466 $21,294
2016 $1,247 $24,160 $3,480 $20,680
2014 $1,466 $24,880 $3,480 $21,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6522565

First Multiple Listing Service (FMLS)

APN: 16-059-01-282