$238,000
SOLD MAR 29, 2022

5531 Downs Way Lithonia, GA 30058

3 Beds
2.5 Baths
1,354 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$176 Per Sq Ft

3% Below List Price

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
$254,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,078
Avg. Annual Appreciation
1.87%

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
9.57%
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

Similar Homes in Lithonia, GA

  • 4922 Rock Springs Rd, Lithonia, GA 30038

    $310,000

    • 3 Beds
    • 2 Baths
    • 2,025 Sq Ft
    • 4922 Rock Springs Rd
    • Lithonia, GA

    Don't miss this fantastic opportunity to own a beautifully maintained home in the desirable community of Lithonia! Step into this move-in ready home, where every upgrade brings peace of mind and modern style. From the brand-new fiber cement siding to the sleek LVP flooring, LED lighting, and smart ceiling fans, upgraded HVAC system, new double-pane windows, modern doors, and a freshly painted

    Angelica Briceno La Rosa Realty Georgia

    Section Image
  • 2420 Briar Knoll Rd, Lithonia, GA 30058

    $257,900

    • 3 Beds
    • 2.5 Baths
    • 2,036 Sq Ft
    • 2420 Briar Knoll Rd
    • Lithonia, GA

    This charming 3-bedroom 2.5-bath home is perfect for a growing family, first-time homeowners, or investors seeking to expand their portfolio. Nestled in a quiet neighborhood, the modest home offers a functional kitchen with an eating area which looks into the family room. A separate dining room sits off the other side of the kitchen, next to the living room towards the front of the home. Three

    Ryan Griffioen Atlanta Communities

    Section Image
  • 5696 Wellborn Creek Dr Unit 2, Lithonia, GA 30058

    $259,900

    • 4 Beds
    • 2.5 Baths
    • 5696 Wellborn Creek Dr
    • Unit 2
    • Lithonia, GA

    This charming 4-bedroom 2.5-bath home is perfect for a growing family, first-time homeowners, or investors seeking to expand their portfolio. Nestled in a quiet neighborhood, the modest home offers a functional kitchen with an eating area which looks into the family room. A separate dining room sits off the other side of the kitchen towards the front of the home. Four full size bedroom with

    Ryan Griffioen Atlanta Communities

    Section Image
  • 2128 Tiffany Ln, Lithonia, GA 30058

    $222,900

    • 4 Beds
    • 3 Baths
    • 1,218 Sq Ft
    • 2128 Tiffany Ln
    • Lithonia, GA

    This charming 4-bedroom 3 full bath home is perfect for a growing family, first-time homeowners, or investors seeking to expand their portfolio. Nestled in a quiet neighborhood, the modest home offers a functional kitchen with an eating area which looks into the family room. Two full size bedrooms with two full baths sit on the upper level. A great room with two bedrooms and a full finished

    Ryan Griffioen Atlanta Communities

    Section Image
  • 6565 Shaffers Way, Lithonia, GA 30058

    $237,900

    • 3 Beds
    • 2.5 Baths
    • 1,685 Sq Ft
    • 6565 Shaffers Way
    • Lithonia, GA

    This charming home is designed for comfort and style, featuring three bedrooms and two and half bathrooms, you are welcomed into a comfortable living room that leads around to a separate dining room which sits off the kitchen. The kitchen which also has it's own eating area overlooks the family room. This home is perfect for the first time home buyer or the investor looking to add to their

    Ryan Griffioen Atlanta Communities

    Section Image
  • 2068 Bedford Ct Unit 1, Lithonia, GA 30058

    $200,000

    • 3 Beds
    • 2.5 Baths
    • 1,514 Sq Ft
    • 2068 Bedford Ct
    • Unit 1
    • Lithonia, GA

    Buyer's loss is your golden opportunity to discover the perfect home in a peaceful cul-de-sac, just a short stroll from Lithonia High School! Imagine the convenience of walking to exciting sporting events and school activities all year long. Step inside to a spacious open-concept living and dining area, paired with a generously sized kitchen ideal for family gatherings or entertaining friends.

    Guy Van Ort Keller Williams Realty

    Section Image
  • 5975 Arbor Links Rd, Lithonia, GA 30058

    $290,900

    • 5 Beds
    • 3 Baths
    • 5975 Arbor Links Rd
    • Lithonia, GA

    This charming 5-bedroom 3-bath home is perfect for a growing family, first-time homeowners, or investors seeking to expand their portfolio. Nestled in a quiet neighborhood, the modest home offers a functional kitchen with granite countertops including a breakfast bar. Three full size bedroom with two full baths sit on the upper level. There are also multiple bedrooms with a full bath in the

    Ryan Griffioen Atlanta Communities

    Section Image
  • 5521 Winslow Crossing N, Lithonia, GA 30038

    $255,000

    • 3 Beds
    • 2.5 Baths
    • 1,720 Sq Ft
    • 5521 Winslow Crossing N
    • Lithonia, GA

    Welcome to 5521 Winslow Crossing in the heart of Stonecrest, GA! This charming 3-bedroom, 2.5-bath split-level home sits on a spacious fenced lot with an extended back patio perfect for entertaining. Enjoy a warm welcome with a cozy front porch and a long driveway offering ample parking. Inside, you'll find an updated kitchen featuring granite countertops and stainless steel appliances. The

    Jennifer Houston HomeSmart

    Section Image
  • 6536 Rebecca Lou Ln Unit 3, Lithonia, GA 30058

    $199,900

    • 3 Beds
    • 2.5 Baths
    • 1,650 Sq Ft
    • 6536 Rebecca Lou Ln
    • Unit 3
    • Lithonia, GA

    This charming home is designed for comfort and style, featuring three bedrooms and two full bathrooms, you are welcomed into a comfortable living room that leads around to a separate dining room which sits off the kitchen. The kitchen which also has it's own eating area overlooks the family room. This home is perfect for the first time home buyer or the investor looking to add to their

    Ryan Griffioen Atlanta Communities

    Section Image

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $238,000 --
Warranty Deed $221,600 --
Warranty Deed -- --
Warranty Deed $30,000 --
Warranty Deed -- --
Foreclosure Deed $85,372 --
Deed $79,500 --
Quit Claim Deed -- --
Deed -- --
Foreclosure Deed $96,504 --
Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $140,650 New Conventional
Previous Owner $18,000 New Conventional
Previous Owner $96,000 Stand Alone Second
Previous Owner $88,200 New Conventional
Previous Owner $77,350 New Conventional
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

  • 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