NOT LISTED FOR SALE

5531 Downs Way Lithonia, GA 30058

Estimated Value: $232,688 - $274,000

3 Beds
2.5 Baths
1,354 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $238,000 $176 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,612/month

111 Days on Market

Highlights

  • 1 Fireplace
  • Central Heating and Cooling System
  • Wood Siding
  • No HOA
  • 1 Car Garage
  • Carpet

About This Home

As of March 2022

Fantastic 3 bedroom home in sought after Lithonia location. Enter to discover an appealing interior with carpet floors throughout, plenty of natural light, and neutral palette. Lush green landscape surrounds this beautiful house. Hurry to see it won't last long.

Last Agent to Sell the Property

Kim Klir

Mainstay Brokerage License #308458 Listed on: 11/16/2021

Mainstay Brokerage

Last Buyer's Agent

No Sales Agent

Non-Mls Company License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,833

Year Built

  • Built in 1989

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,354 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • No Home Owners Association
  • Panola Downs Subdivision

Listing and Financial Details

  • Legal Lot and Block 59 / B

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,833

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 16
  • Year Built: 1989
  • ArchitecturalStyle: Other
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .20
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1354
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: None
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1354
  • Above Grade Finished Sq Ft: 1354
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet
  • Price Per Square Foot: 179.468

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Wood Siding
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage
  • ParkingTotal: 1

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Land Lot: 59
  • Lot: 59
  • Plat Book: 88
  • Plat Page: 113

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1832.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Mar 29, 2022
Sold by
Opendoor Property J Llc
Bought by
Icm Sfr Lp
Seller's Agent
Kim Klir
Mainstay Brokerage
Buyer's Agent
No Sales Agent
Non-Mls Company
List Price
$246,000
Sold Price
$238,000
Premium/Discount to List
-$8,000
-3.25%
Current Estimated Value
$248,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,422
Avg. Annual Appreciation
1.85%

Purchase Details

Closed on
Oct 26, 2021
Sold by
Edwards Tavia
Bought by
Opendoor Property J Llc

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 31, 2019
Sold by
Diniz Higor
Bought by
Edwards Tavia
Seller's Agent
Justin White
Rock River Realty, LLC.
Buyer's Agent
Jay Allen
HomeSmart
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$140,650
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2012
Closed on
Sep 5, 2012
Sold by
Federal National Mortgage Association
Bought by
Diniz Higor
Seller's Agent
Tricia Dorn
Colony Properties
Buyer's Agent
Chin Chai
Atlanta All Good Realty
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.65%

Purchase Details

Closed on
Jun 5, 2012
Sold by
Citimortgage Inc
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Nov 1, 2005
Sold by
United Capital North Ga Inc
Bought by
Miller Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2005
Sold by
First Horizon Hm Ln Corp
Bought by
Hud

Purchase Details

Closed on
Nov 20, 1998
Sold by
Collins Deloris
Bought by
Phillips Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,350
Interest Rate
6.47%
Mortgage Type
New Conventional
Source: Public Records

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
Icm Sfr Lp $238,000 --
Opendoor Property J Llc $221,600 --
Edwards Tavia -- --
Diniz Higor $30,000 --
Federal National Mtg Associati -- --
Citimortgage Inc $85,372 --
Miller Karen $79,500 --
United Capital Of North Georgi -- --
Hud -- --
First Horizon Hm Ln Corp $96,504 --
Phillips Shawn $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Tavia $140,650
Previous Owner Diniz Higor $18,000
Previous Owner Miller Karen L $96,000
Previous Owner United Capital Of North Georgi $88,200
Previous Owner Phillips Shawn $77,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $238,000 -2.1% $176 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
01/06/2022 01/06/22 Price Changed $243,000 -1.2% $179 / Sq Ft
01/03/2022 01/03/22 For Sale $246,000 0.0% $182 / Sq Ft
12/09/2021 12/09/21 Price Changed $246,000 -1.6% $182 / Sq Ft
11/16/2021 11/16/21 For Sale $250,000 +72.4% $185 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
07/31/2019 07/31/19 Sold $145,000 0.0% $107 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
06/18/2019 06/18/19 Price Changed $145,000 -3.3% $107 / Sq Ft
06/06/2019 06/06/19 For Sale $150,000 +400.0% $111 / Sq Ft
09/05/2012 09/05/12 Sold $30,000 0.0% $22 / Sq Ft
08/06/2012 08/06/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $30,000 -- $22 / 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
2024 $3,603 $72,240 $7,224 $65,016
2023 $3,603 $72,240 $7,224 $65,016
2022 $2,510 $72,240 $7,200 $65,040
2021 $1,511 $49,520 $7,200 $42,320
2020 $1,337 $41,760 $7,200 $34,560
2019 $1,994 $37,760 $7,200 $30,560
2018 $1,598 $34,600 $7,200 $27,400
2017 $1,499 $26,360 $3,427 $22,933
2016 $1,502 $26,360 $3,427 $22,933
2014 $1,618 $28,280 $3,480 $24,800
Source: Public Records

Agents Affiliated with this Home

  • Kim Klir

    Seller's Agent in 2022

    Kim Klir

    Mainstay Brokerage

    (407) 634-1744

    44 in this area

    6,100 Total Sales

    Kim Klir
    Section Image

  • N

    Buyer's Agent in 2022

    No Sales Agent

    Non-Mls Company

  • Justin White

    Seller's Agent in 2019

    Justin White

    Rock River Realty, LLC.

    (770) 309-6536

    1 in this area

    36 Total Sales

    Justin White
    Section Image
  • Curt Swilley, Jr.

    Seller Co-Listing Agent in 2019

    Curt Swilley, Jr.

    Rock River Realty, LLC.

    (404) 569-5904

    6 in this area

    114 Total Sales

    Curt Swilley, Jr.
    Section Image
  • Jay Allen

    Buyer's Agent in 2019

    Jay Allen

    HomeSmart

    (470) 722-2739

    2 in this area

    20 Total Sales

    Jay Allen
    Section Image

  • T

    Seller's Agent in 2012

    Tricia Dorn

    Colony Properties

    (770) 760-0000

    Tricia Dorn
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 20001242

Georgia MLS

APN: 16-059-01-363

Georgia DeKalb County Lithonia 30058

5531 Downs Way, Lithonia, GA

This home is located at 5531 Downs Way, Lithonia, GA 30058 since 16 November 2021 and is currently estimated at $248,422, approximately $183 per square foot. This property was built in 1989. 5531 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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