$175,000
$93K PRICE DROP

5509 Covent Way Lithonia, GA 30058

Estimated payment $1,217/month

Total Views 6,518
3 Beds
2 Baths
1,456 Sq Ft
$120 Price per Sq Ft

Highlights

  • Open-Concept Dining Room
  • Ranch Style House
  • Solid Surface Countertops
  • Private Lot
  • Wood Flooring
  • Neighborhood Views

About This Home

Welcome to this 3-bedroom, 2-bath ranch home tucked in the Kings Cross community of Lithonia. The home features a bright open-concept living and dining area with hardwood flooring and high ceilings, creating an airy and inviting space. The kitchen is outfitted with granite countertops, tile backsplash, and a view into the living area, offering both function and style.

Step outside to a large, level backyard ideal for entertaining or relaxing. With a convenient single-level layout, this property is a solid opportunity for first-time buyers or investors. Enjoy easy access to Panola Road, local parks, shopping, and major highways throughout DeKalb County.

Listing Agent

Christian Farris

Mainstay Brokerage LLC License #415996 Listed on: 05/15/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,504

Year Built

  • Built in 1980

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 150 x 100
  • Private Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • Ceiling height of 9 feet on the lower level
  • Living Room
  • Open-Concept Dining Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Low Flow Plumbing Fixtures
  • Bathtub and Shower Combination in Primary Bathroom

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Kings Cross Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16 037 05 037

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,504

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential
  • MLS Status: Active
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1980
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 1456.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Gas Range, Microwave
  • Interior Amenities: High Ceilings 9 ft Lower, Low Flow Plumbing Fixtures, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Pantry, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Open Concept
  • Square Footage: 1456.00
  • 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
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Roof Type: Composition
  • View: Neighborhood
  • Pool Private: No
  • Foundation: Slab

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: KINGS CROSS

Lot Info

  • Acres: 0.3800
  • Lot Features: Level, Private
  • Lot Dimensions: 150 x 100
  • Parcel Number: 16 037 05 037
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3504.00
  • Tax Year: 2024

MLS Schools

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

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $4,349 $88,880 $16,000 $72,880
2024 $3,504 $69,600 $6,000 $63,600
2023 $3,504 $69,600 $6,000 $63,600
2022 $2,447 $71,960 $6,000 $65,960
2021 $2,447 $47,720 $6,000 $41,720
2020 $2,316 $44,720 $6,000 $38,720
2019 $2,066 $39,040 $6,000 $33,040
2018 $1,546 $28,280 $4,080 $24,200
2017 $1,480 $25,560 $4,080 $21,480
2016 $1,375 $23,120 $4,080 $19,040
2014 $1,603 $27,600 $4,080 $23,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2025 10/17/25 Price Changed $175,000 -5.4% $120 / Sq Ft
10/06/2025 10/06/25 For Sale $185,000 0.0% $127 / Sq Ft
09/26/2025 09/26/25 Pending -- -- --
09/05/2025 09/05/25 Price Changed $185,000 -3.1% $127 / Sq Ft
08/26/2025 08/26/25 Price Changed $191,000 -3.0% $131 / Sq Ft
08/08/2025 08/08/25 Price Changed $197,000 -3.0% $135 / Sq Ft
07/25/2025 07/25/25 Price Changed $203,000 -2.9% $139 / Sq Ft
07/17/2025 07/17/25 Price Changed $209,000 -2.8% $144 / Sq Ft
07/10/2025 07/10/25 Price Changed $215,000 -3.2% $148 / Sq Ft
07/02/2025 07/02/25 Price Changed $222,000 -3.1% $152 / Sq Ft
06/26/2025 06/26/25 Price Changed $229,000 -3.0% $157 / Sq Ft
06/19/2025 06/19/25 Price Changed $236,000 -2.9% $162 / Sq Ft
06/13/2025 06/13/25 Price Changed $243,000 -5.1% $167 / Sq Ft
05/29/2025 05/29/25 Price Changed $256,000 -4.5% $176 / Sq Ft
05/15/2025 05/15/25 For Sale $268,000 0.0% $184 / Sq Ft
01/15/2014 01/15/14 Rented $875 0.0% --
01/15/2014 01/15/14 For Rent $875 0.0% --
12/19/2013 12/19/13 Sold $74,000 -17.7% $51 / Sq Ft View Prior Sale
12/11/2013 12/11/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $89,900 +114.0% $62 / Sq Ft
07/19/2013 07/19/13 Sold $42,000 -6.5% $29 / Sq Ft View Prior Sale
06/28/2013 06/28/13 Pending -- -- --
06/05/2013 06/05/13 Price Changed $44,900 -14.5% $31 / Sq Ft
05/24/2013 05/24/13 For Sale $52,500 0.0% $36 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $52,500 -- $36 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed -- --
Warranty Deed $74,000 --
Warranty Deed $42,000 --
Warranty Deed $92,286 --
Foreclosure Deed $92,286 --
Deed $68,500 --
Quit Claim Deed -- --
Deed -- --
Foreclosure Deed $86,863 --
Deed $62,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,500 New Conventional
Previous Owner $62,050 FHA
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7578606

First Multiple Listing Service (FMLS)

APN: 16-037-05-037