NOT LISTED FOR SALE

5518 Downs Way Lithonia, GA 30058

Estimated Value: $225,000 - $269,000

4 Beds
2 Baths
1,524 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $115,000 $75 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,603/month

11 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • 1 Fireplace
  • Property is near public transit
  • Main Floor Primary Bedroom
  • L-Shaped Dining Room

About This Home

As of July 2018

Enjoy this spacious home- new HVAC, exterior freshly painted; hard to find a home with the master on the main with garden tub and sep. shower; living room w/fplc; dining area; 2 car garage; nice level lot - idea for the kids; subject is eligible for Freddie Mac's first look initiative ( owner occupants only at this time) thru 5-25-18, then investors may submit offers; must have pre-qual/POF with offer; Seller's closing attorney to hold WIRED EM; no blind offers or assignments; MULTI-OFFERS - HIGHEST & BEST DUE AT 10 AM 5-10-18

Last Listed By

Pam Saunders

ERA Towne Square Realty, Inc. License #10663 Listed on: 05/04/2018

ERA Towne Square Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1989

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,524 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • L-Shaped Dining Room
  • Carpet
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on lower level

Schools

  • Elizabeth Andrews High School

Additional Features

  • Deck
  • Property is near public transit
  • Forced Air Heating and Cooling System

Community Details

  • Panola Downs Subdivision

Listing and Financial Details

  • Legal Lot and Block 32 / B
  • Assessor Parcel Number 16 059 01 390

Home Details

Home Type

Single Family

Est. Annual Taxes

$896

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
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range
  • Basement: Crawl Space
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Dining L
  • Square Footage: 1524.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Patio And Porch Features: Deck

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
  • Laundry Features: Lower Level, Laundry Room

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Subdivision Complex: Panola Downs

Schools

  • Elementary School: Dekalb - Other
  • Middle School: Dekalb - Other
  • High School: Elizabeth Andrews

Lot Info

  • Acres: 0.1300
  • Lot: 32
  • Land/Lot: 59
  • Lot Features: Level
  • Lot Dimensions: 60X100
  • Parcel Number: 16 059 01 390
  • Property Attached Yn: No

Tax Info

  • Taxes: 896.00
  • Assessor Parcel Number: 16-059-01-390
  • Close Date: 2018-07-09
  • Tax Year: 2016

MLS Schools

  • Elementary School: Dekalb - Other
  • High School: Elizabeth Andrews
  • Middle School: Dekalb - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 9, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kamel Khabeer Quranda
Seller's Agent
Pam Saunders
ERA Towne Square Realty, Inc.
Buyer's Agent
Ollie Thompson
NOT A VALID MEMBER
List Price
$104,900
Sold Price
$115,000
Premium/Discount to List
$10,100
9.63%
Total Days on Market
11
Current Estimated Value
$246,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,040
Avg. Annual Appreciation
11.69%
Original Mortgage
$112,917
Outstanding Balance
$99,382
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$146,658

Purchase Details

Closed on
Jan 12, 2018
Sold by
Freeman Jacqueline J
Bought by
Branch Banking And Trust Co

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
Kamel Khabeer Quranda $115,000 --
Branch Banking And Trust Co $107,698 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamel Khabeer Quranda $112,917
Previous Owner Freeman Jacqueline J $113,496
Previous Owner Freeman Jacqueline $118,275
Previous Owner Freeman Jacqueline $112,500
Previous Owner Freeman Jacqueline $93,326
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2018 07/09/18 Sold $115,000 +9.6% $75 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $104,900 -- $69 / 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
2023 $2,706 $99,240 $16,000 $83,240
2022 $2,253 $83,120 $7,200 $75,920
2021 $1,583 $54,080 $7,200 $46,880
2020 $1,445 $47,920 $7,200 $40,720
2019 $1,289 $41,600 $7,200 $34,400
2018 $1,054 $34,800 $7,200 $27,600
2017 $1,062 $31,880 $3,480 $28,400
2016 $896 $27,760 $3,480 $24,280
2014 $1,102 $33,720 $3,480 $30,240
Source: Public Records

Agents Affiliated with this Home

  • Pam Saunders

    Seller's Agent in 2018

    Pam Saunders

    ERA Towne Square Realty, Inc.

    (770) 714-8110

    62 Total Sales

    Pam Saunders
    Section Image
  • Pat Donawa

    Seller Co-Listing Agent in 2018

    Pat Donawa

    NOT A VALID MEMBER

    (404) 299-1355

    2 Total Sales

    Section Image
  • Ollie Thompson

    Buyer's Agent in 2018

    Ollie Thompson

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6007298

First Multiple Listing Service (FMLS)

APN: 16-059-01-390

Georgia DeKalb County Lithonia 30058

5518 Downs Way, Lithonia, GA

Homes for Sale in Lithonia, GA

This home is located at 5518 Downs Way, Lithonia, GA 30058 since 04 May 2018 and is currently estimated at $246,040, approximately $161 per square foot. This property was built in 1989. 5518 Downs Way is a home located in DeKalb County with nearby schools including Panola Way Elementary School, Miller Grove Middle School, and Miller Grove High School.

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