$153,000
SOLD MAY 29, 2020

5506 Panola Downs Rd Lithonia, GA 30058

3 Beds
2 Baths
1,366 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

2% Above List Price

Highlights

  • Open-Concept Dining Room
  • Front Porch
  • Separate Shower in Primary Bathroom
  • Traditional Architecture
  • Eat-In Kitchen
  • Patio

About This Home

As of January 2023

VACANT!! Come see this lovely two story home with 3 BR located in Panola Downs! This home offers a new roof, fresh interior and exterior paint, new carpet and updated piping. Spacious living room upon entry with cozy fireplace. Kitchen is open with stainless 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 patio ready for your next BBQ! Minutes to shopping and dining. View this home today!

Last Agent to Sell the Property

Marty Walsh

Offerpad Brokerage, LLC. License #385776 Listed on: 04/27/2020

Last Buyer's Agent

Fernando Perez

Virtual Properties Realty.com License #368507

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,401

Year Built

  • Built in 1989

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,366 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio
  • Front Porch

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

  • Panola Downs Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 16 059 01 279

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,401

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: Traditional
  • Property Condition: Resale
  • Year Built: 1989
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Interior Amenities: Entrance Foyer
  • Kitchen Features: Cabinets Other, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 1366.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Shingle
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Home Warranty: Yes
  • Subdivision Complex: Panola Downs

Schools

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

Lot Info

  • Acres: 0.1000
  • Lot Features: Back Yard, Landscaped, Level
  • Parcel Number: 16 059 01 279
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1401.00
  • Assessor Parcel Number: 16-059-01-279
  • Close Date: 2020-05-29
  • Tax Year: 2019

MLS Schools

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

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%
Views
27
Current Estimated Value
$249,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,864
Avg. Annual Appreciation
0.43%
Original Mortgage
$242,526
Outstanding Balance
$234,806
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$15,039

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
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $247,000 --
Warranty Deed $153,000 --
Warranty Deed $136,230 --
Deed -- --
Deed $92,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,526 FHA
Previous Owner $148,410 New Conventional
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: 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
2024 $4,677 $97,040 $16,000 $81,040
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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6714904

First Multiple Listing Service (FMLS)

APN: 16-059-01-279