NOT LISTED FOR SALE

5506 Panola Downs Rd Lithonia, GA 30058

Estimated Value: $233,000 - $265,000

3 Beds
2 Baths
1,366 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $247,000 $181 Per Sq Ft

Current estimated payment $1,776/month

8 Days on Market

Highlights

  • Above Ground Pool
  • Breakfast Area or Nook
  • Patio
  • No HOA
  • Cul-De-Sac
  • Laundry Room

About This Home

As of January 2023

Your Dream home is waiting just for you in Lithonia. Come see this lovely two story home with 3 BR located in Panola Downs! This home offers a almost new roof (2 years), beautiful interior and exterior paint, nice carpet and updated piping. Spacious living room upon entry with cozy fireplace. Kitchen is open with a beautiful counters, WHITE CABINETS, KITCHEN ISLAND and STAINLEES STEEL appliances and eating area. All bedrooms are upstairs with carpet and plenty of closet space. Master bedroom boasts large walk in closet and en suite with soaking tub. Fenced backyard with open COVERED PATIO and ABOVEGROUND POOL that elevate your outdoor space ready for your next BBQ! Minutes to shopping and dining. View this home today!

Last Listed By

Fernando Perez

Virtual Properties Realty.com License #368507 Listed on: 11/21/2022

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,658

Year Built

  • Built in 1989

Lot Details

  • 4,356 Sq Ft Lot
  • Cul-De-Sac
  • Privacy Fence
  • Fenced
  • Level Lot

Parking

  • Garage

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Above Ground Pool
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Panola Downs Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,658

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .10
  • Other Sturctures: Other
  • Property Sub-Type: Single Family Residence
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Bedrooms: 3
  • Basement: None
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Fireplace Features: Family Room
  • Flooring: Tile, Carpet
  • Kitchen Features: Breakfast Area

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other
  • Fencing: Fenced, Privacy
  • Lot Features: Cul-De-Sac, Level
  • Patio And Porch Features: Patio
  • Pool Features: Above Ground
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: None
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

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

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Jan 11, 2023
Sold by
Lackwood Iris I Stiphenson
Bought by
Tolden Avis and Tolden Dekievan
Seller's Agent
Fernando Perez
Virtual Properties Realty.com
Buyer's Agent
ANGELA MCDOWELL
HomeSmart
List Price
$243,000
Sold Price
$247,000
Premium/Discount to List
$4,000
1.65%
Total Days on Market
8
Views
27
Current Estimated Value
$247,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638
Avg. Annual Appreciation
0.11%
Original Mortgage
$242,526
Outstanding Balance
$235,873
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$11,765

Purchase Details

Listed on
Apr 27, 2020
Closed on
May 29, 2020
Sold by
Op Spe Tpa1 Llc
Bought by
Lackwood Iris I Stiphenson and Stiphenson Humberto J
Seller's Agent
Marty Walsh
Offerpad Brokerage, LLC.
Buyer's Agent
Fernando Perez
Virtual Properties Realty.com
List Price
$149,900
Sold Price
$153,000
Premium/Discount to List
$3,100
2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.06%
Original Mortgage
$148,410
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2020
Closed on
Mar 30, 2020
Sold by
Sterrod Judy
Bought by
Op Spe Trp1 Llc
Seller's Agent
Marty Walsh
Offerpad Brokerage, LLC.
Buyer's Agent
Fernando Perez
Virtual Properties Realty.com
List Price
$149,900
Sold Price
$153,000
Premium/Discount to List
$3,100
2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,410
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 1994
Sold by
Banc Plus Corp
Bought by
Secretary Of Hud

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 Buyer Sale Price Title Company
Tolden Avis $247,000 --
Lackwood Iris I Stiphenson $153,000 --
Op Spe Trp1 Llc $136,230 --
Secretary Of Hud -- --
Bancplus Corp $92,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolden Avis $242,526
Previous Owner Lackwood Iris I Stiphenson $148,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2023 01/11/23 Sold $247,000 +1.6% $181 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $243,000 +58.8% $178 / Sq Ft
05/29/2020 05/29/20 Sold $153,000 +2.1% $112 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $149,900 -- $110 / Sq Ft
Source: Georgia MLS

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 $4,677 $90,400 $16,000 $74,400
2022 $3,658 $75,880 $7,200 $68,680
2021 $2,917 $59,000 $7,200 $51,800
2020 $1,533 $46,400 $7,200 $39,200
2019 $1,401 $43,000 $7,200 $35,800
2018 $1,019 $35,880 $7,200 $28,680
2017 $934 $28,520 $3,480 $25,040
2016 $844 $26,520 $3,480 $23,040
2014 $978 $30,360 $3,480 $26,880
Source: Public Records

Agents Affiliated with this Home

  • Fernando Perez

    Seller's Agent in 2023

    Fernando Perez

    Virtual Properties Realty.com

    (678) 358-9182

    3 in this area

    98 Total Sales

    Fernando Perez
    Section Image

  • A

    Buyer's Agent in 2023

    ANGELA MCDOWELL

    HomeSmart

    (404) 918-1277

    1 in this area

    41 Total Sales

    ANGELA MCDOWELL
    Section Image
  • Marty Walsh

    Seller's Agent in 2020

    Marty Walsh

    Offerpad Brokerage, LLC.

    (314) 916-9251

    Marty Walsh
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10112778

Georgia MLS

APN: 16-059-01-279

Georgia DeKalb County Lithonia 30058

5506 Panola Downs Rd, Lithonia, GA

Homes for Sale in Lithonia, GA

This home is located at 5506 Panola Downs Rd, Lithonia, GA 30058 since 21 November 2022 and is currently estimated at $247,638, approximately $181 per square foot. This property was built in 1989. 5506 Panola Downs Rd is a home located in DeKalb County with nearby schools including Panola Way Elementary School, Miller Grove Middle School, and Miller Grove High School.

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.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

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