$145,000
SOLD JUL 31, 2019

5531 Downs Way Lithonia, GA 30058

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

Recently Sold

$107 Per Sq Ft

3% Below List Price

15 Days on Market

Highlights

  • Traditional Architecture
  • Private Yard
  • Breakfast Room
  • Stone Countertops
  • Den
  • White Kitchen Cabinets

About This Home

As of March 2022

BEAUTIFULLY RENOVATED 3/2.5 home in Panola Downs neighborhood! Updated kitchen with BEAUTIFUL granite counter tops & stainless appliances perfect for the chef in you! This home is practically new! Fresh new paint, new carpet and updated bathrooms! Master bedroom with updated on-suite with STUNNING Subway tile bath. Close to everything! Easy access to Shopping and Marta! Perfect move-in ready home! MUST SEE!

Last Agent to Sell the Property

Justin White

Rock River Realty, LLC. License #360237 Listed on: 06/06/2019

Rock River Realty, LLC.

Co-Listed By

Curt Swilley, Jr.

Rock River Realty, LLC. License #168759

Last Buyer's Agent

Jay Allen

HomeSmart License #370141

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,499

Year Built

  • Built in 1989

Lot Details

  • 8,712 Sq Ft Lot
  • Private Entrance
  • Private Yard
  • Back and Front Yard

Parking

  • 1 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • On-Street Parking
  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Tar and Gravel Roof
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 1,354 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Private Rear Entry
  • Family Room with Fireplace
  • Breakfast Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Low Flow Plumbing Fixtures
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • Panola Downs Subdivision

Listing and Financial Details

  • Legal Lot and Block 59 / B
  • Assessor Parcel Number 16 059 01 363

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,499

Year Built

Built in 1989

Lot Details

0

Parking

1

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

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
  • Interior Amenities: Low-Flow Fixtures
  • Kitchen Features: Breakfast Room, Cabinets White, Eat-in Kitchen, Pantry, Solid Surface Counters, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Other
  • Square Footage: 1354.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Split Bedroom Plan
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Shingle Siding
  • Roof Type: Composition, Shingle, Tar/Gravel
  • Patio And Porch Features: Patio
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Attached, Garage, Garage Faces Front, Kitchen Level, On Street, Unassigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Main Level, Mud Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: Panola Downs

Schools

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

Lot Info

  • Acres: 0.2000
  • Lot: 59
  • Land/Lot: 0059
  • Deed Book: 2326
  • Deed Page: 520
  • Plat Book: 88
  • Plat Page: 13
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: x
  • Parcel Number: 16 059 01 363
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1499.00
  • Assessor Parcel Number: 16-059-01-363
  • Close Date: 2019-07-31
  • Tax Year: 2017

MLS Schools

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

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
1.92%

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
9.74%
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

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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: 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 $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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6565445

First Multiple Listing Service (FMLS)

APN: 16-059-01-363