NOT LISTED FOR SALE

5531 Downs Way Lithonia, GA 30058

Estimated Value: $243,758 - $269,000

3 Beds
2.5 Baths
1,354 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 29, 2022

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

Est. 7% increase in value since last sale

Current estimated payment $1,720/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 Listed By

Kim Klir

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

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
  • 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%
Total Days on Market
111
Current Estimated Value
$253,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,690
Avg. Annual Appreciation
2.05%

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
10.09%
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

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

Similar Homes in Lithonia, GA

  • 3481 Oak Run Dr, Lithonia, GA 30038

    $295,900

    • 3 Beds
    • 2 Baths
    • 2,195 Sq Ft
    • 3481 Oak Run Dr
    • Lithonia, GA

    Beautifully renovated home in a quiet, established Stonecrest neighborhood. The house features a new kitchen with new white cabinetry, stainless appliances, stone counters, new baths, new flooring, a new roof, new exterior siding, new windows, fixtures, and interior/exterior paint!The large family room features a white brick, floor-to-ceiling fireplace, and crown molding. Enjoy the master on the

    Sonny Dharani Virtual Properties Realty.com

    Section Image
  • 4954 Browns Mill Rd, Lithonia, GA 30038

    $225,000

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • 4954 Browns Mill Rd
    • Lithonia, GA

    Welcome to 4954 Brown Mill Rd - a charming 3 bedroom, 2 bath home offering the perfect blend of comfort, updates, and opportunity. Featuring a brand-new HVAC system, fresh interior paint, and a new water heater, the major upgrades are already done for you! Inside, you'll find a functional layout with spacious bedrooms and a cozy living area - just waiting for your unique style and finishing

    Evan Beckett Dwelli

    Section Image
  • 1934 Patton Place, Lithonia, GA 30058

    $223,000

    • 3 Beds
    • 2 Baths
    • 1,368 Sq Ft
    • 1934 Patton Place
    • Lithonia, GA

    This well-kept 3-bedroom, 2-bath split-level home in the Aston Manor community offers a classic layout and lasting potential. The home welcomes you with a cozy brick fireplace in the family room and a spacious eat-in kitchen with ample natural light. Upstairs, you’ll find a functional bedroom layout including a versatile bonus room ideal for a second living area, office, or play space.Enjoy

    Taylor Rose Mainstay Brokerage LLC

    Section Image
  • 5509 Covent Way, Lithonia, GA 30058

    $268,000

    • 3 Beds
    • 2 Baths
    • 1,456 Sq Ft
    • 5509 Covent Way
    • Lithonia, GA

    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,

    Taylor Rose Mainstay Brokerage LLC

    Section Image
  • 5561 Petite Point, Lithonia, GA 30058

    $270,000

    • 5 Beds
    • 3 Baths
    • 1,792 Sq Ft
    • 5561 Petite Point
    • Lithonia, GA

    Great rehabbed 5/3 in Lithonia on cul-de-sac with no HOA. Great house of large families or separate living area for in-laws. New roof and gutters, exterior work, sliding door, HVAC July 2022, lights and paint, windows, interior paint, new appliances, flooring, lights, carpet, interior doors, hardware, kitchen cabs, sink, faucet, granite counters, backsplash, hot water heater, vanities, mirrors,

    LARRY E HARDMAN HomeSmart

    Section Image
  • 1774 Northwick Place, Lithonia, GA 30058

    $261,000

    • 3 Beds
    • 2 Baths
    • 1,246 Sq Ft
    • 1774 Northwick Place
    • Lithonia, GA

    Make a great deal even better with Massive savings through special loan programs with the Preferred Lender Envoy Mortgage with Aubrey Wilcox! Ask the Listing Team for the introduction for up to 100% Financing or even interest rates in the 4s!Welcome to 1774 Northwick Place, a charming and spacious home nestled in a quiet Lithonia cul-de-sac. This well-maintained property features a classic

    Livian Ascend Keller Williams North Atlanta

    Section Image
  • 1829 Herringbone Hollow, Lithonia, GA 30058

    $250,000

    • 3 Beds
    • 2 Baths
    • 1,152 Sq Ft
    • 1829 Herringbone Hollow
    • Lithonia, GA

    **This house may also qualifies for a interest rate by down paid for by preferred lender** Welcome to this beautifully remodeled ranch home with three spacious bedrooms offering ample closet space. The two well-appointed bathrooms boast stylish finishes and functional layouts, ensuring convenience for the entire household. As you step inside you’re immediately greeted by stunning brand new floors

    Rodney Maison Keller Williams Realty Atl Partners

    Section Image
  • 5851 Giles Rd, Lithonia, GA 30058

    $249,000

    • 3 Beds
    • 2.5 Baths
    • 5851 Giles Rd
    • Lithonia, GA

    Beautiful three bedroom with two and a half bath. This home has easy access to shopping, restaurants, parks, and schools. This incredible home sits on an oversized lot with plenty of space for play and entertaining! Inside, you will find an open floor plan with large bedrooms with a fireplace in the den and a spacious nice kitchen. Please call Jerome Jackson with South East Mortgage for lending

    Landis Stephens Stephens Development Group LLC

    Section Image
  • 2246 Hightrail Ct, Lithonia, GA 30058

    $280,000

    • 4 Beds
    • 2 Baths
    • 1,501 Sq Ft
    • 2246 Hightrail Ct
    • Lithonia, GA

    Welcome to your dream home — a beautifully remodeled residence where no detail has been overlooked. This four-bedroom, two-bathroom home has been completely renovated from top to bottom, featuring brand-new flooring, fresh interior and exterior paint, updated electrical systems, and new plumbing throughout. Upon entering, you are greeted by a spacious open-concept dining area, with a cozy

    Rodney Maison Keller Williams Realty Atl Partners

    Section Image

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
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 20001242

Georgia MLS

APN: 16-059-01-363