$60,000
SOLD APR 11, 2017

5504 Downs Way Lithonia, GA 30058

4 Beds
2 Baths
1,652 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$36 Per Sq Ft

23% Below List Price

325 Days on Market

Highlights

  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Separate Shower in Primary Bathroom
  • Private Lot
  • Formal Dining Room
  • Accessible Entrance

About This Home

As of January 2024

*Price Reduction* What a deal on this fixer upper with loads of potential! Huge windows allow for lots of natural light to fill this home! Cozy fireplace will warm those cold winter nights. Great open floor plan will make family gatherings a breeze! This property has the potential to be a real show piece! Put in some sweat equity and create your dream home today! ** CASH OFFERS ONLY....no seller concessions. **Property sold as is.

Last Agent to Sell the Property

Lisa Junek

Brandywine Homes Usa, LLC. License #351772

Last Buyer's Agent

TONY SWINGER

BHGRE Metro Brokers License #302963

BHGRE Metro Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1989

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x121x82x105
  • Private Lot

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,652 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Schools

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

Additional Features

  • Accessible Entrance
  • Forced Air Heating and Cooling System

Community Details

  • Panola Downs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16 059 01 270

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,238

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Property Condition: Fixer Upper
  • Year Built: 1989
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Basement: Crawl Space
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1652.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air

Condo/Co-op/Association

  • 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: 0.2000
  • Lot Features: Private
  • Lot Dimensions: 60x121x82x105
  • Parcel Number: 16 059 01 270
  • Property Attached Yn: No

Tax Info

  • Taxes: 1238.00
  • Assessor Parcel Number: 16-059-01-270
  • Close Date: 2017-04-11
  • Tax Year: 2014

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Jan 4, 2024
Sold by
Ghi Capital Llc
Bought by
Foster Prisca and Foster Lloyd
Seller's Agent
Tenesha Giles
Real Estate Gurus Realty
Buyer's Agent
Questa Cook
HomeSmart
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%
Total Days on Market
325
Views
666
Current Estimated Value
$253,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,843
Avg. Annual Appreciation
-3.21%
Original Mortgage
$251,750
Outstanding Balance
$248,320
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$4,837

Purchase Details

Listed on
Jul 30, 2023
Closed on
Aug 17, 2023
Sold by
Skv Investments Llc
Bought by
Ghi Capital Llc
Seller's Agent
Pamela Preston
HomeSmart
Buyer's Agent
Justin Giles
Real Estate Gurus Realty, Inc.
List Price
$190,000
Sold Price
$183,000
Premium/Discount to List
-$7,000
-3.68%
Views
666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
164.94%
Original Mortgage
$191,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2018
Sold by
K Simeon 2 Co
Bought by
Skv Investments Llc

Purchase Details

Listed on
May 5, 2016
Closed on
Apr 11, 2017
Sold by
Sb Trs Llc
Bought by
K Simeon 2 Co Inc
Seller's Agent
Lisa Junek
Brandywine Homes Usa, LLC.
Buyer's Agent
TONY SWINGER
BHGRE Metro Brokers
List Price
$78,000
Sold Price
$60,000
Premium/Discount to List
-$18,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.37%

Purchase Details

Closed on
May 5, 2016
Sold by
2015B Property Owner Llc
Bought by
Sb Trs Llc

Purchase Details

Closed on
Apr 1, 2015
Sold by
American Home Real Estate Part
Bought by
2015B Property Owner Llc

Purchase Details

Closed on
Jan 14, 2013
Sold by
Fra Grp Inc
Bought by
The American Home Real Partner

Purchase Details

Closed on
Dec 27, 2011
Sold by
Fra Grp Inc
Bought by
Amini Farzin and Rpm Trust

Purchase Details

Closed on
Nov 21, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fra Grp Inc

Purchase Details

Closed on
Aug 3, 2010
Sold by
Pnc Bk National Assn
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 5, 2005
Sold by
Blansett Dale L
Bought by
Becks Pauletta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2003
Sold by
Blansett Laura A
Bought by
Blansett Dale L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2000
Sold by
Williams Valeria D
Bought by
Dale L Blansett Rev Trust

Purchase Details

Closed on
Sep 9, 1998
Sold by
Blansett Dale
Bought by
Williams Valeria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,775
Interest Rate
6.76%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 1998
Sold by
Sledge Remona
Bought by
Blansett Dale

Map

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 Type Sale Price Title Company
Limited Warranty Deed $265,000 --
Warranty Deed $183,000 --
Warranty Deed -- --
Warranty Deed $60,000 --
Warranty Deed -- --
Limited Warranty Deed $6,984,928 --
Warranty Deed $58,500 --
Warranty Deed $40,000 --
Warranty Deed $25,000 --
Special Warranty Deed -- --
Fiduciary Deed -- --
Deed $124,000 --
Deed -- --
Quit Claim Deed -- --
Foreclosure Deed $10,787 --
Deed $118,500 --
Deed $22,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,750 New Conventional
Previous Owner $191,000 New Conventional
Previous Owner $196,000 New Conventional
Previous Owner $37,500 New Conventional
Previous Owner $25,000 New Conventional
Previous Owner $99,000 New Conventional
Previous Owner $85,000 New Conventional
Previous Owner $74,775 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $265,000 -5.0% $160 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $279,000 +365.0% $169 / Sq Ft
04/11/2017 04/11/17 Sold $60,000 -23.1% $36 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $78,000 0.0% $47 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $78,000 0.0% $47 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $78,000 0.0% $47 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
02/01/2017 02/01/17 Price Changed $78,000 -2.5% $47 / Sq Ft
01/04/2017 01/04/17 Price Changed $80,000 -3.6% $48 / Sq Ft
12/09/2016 12/09/16 Price Changed $83,000 -2.4% $50 / Sq Ft
10/12/2016 10/12/16 Price Changed $85,000 -5.5% $51 / Sq Ft
09/06/2016 09/06/16 For Sale $89,900 0.0% $54 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/10/2016 08/10/16 Price Changed $89,900 -2.2% $54 / Sq Ft
07/11/2016 07/11/16 Price Changed $91,900 -2.1% $56 / Sq Ft
05/25/2016 05/25/16 Price Changed $93,900 -1.2% $57 / Sq Ft
05/05/2016 05/05/16 For Sale $95,000 -- $58 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $5,188 $100,760 $16,000 $84,760
2022 $3,631 $75,040 $7,200 $67,840
2021 $3,028 $61,320 $7,200 $54,120
2020 $2,754 $55,080 $7,200 $47,880
2019 $2,349 $45,840 $7,200 $38,640
2018 $1,622 $32,320 $7,200 $25,120
2017 $1,866 $34,680 $3,480 $31,200
2016 $1,560 $27,680 $3,480 $24,200
2014 $1,238 $23,396 $2,316 $21,080
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 5684958

First Multiple Listing Service (FMLS)

APN: 16-059-01-270