NOT LISTED FOR SALE

5531 Panola Place Lithonia, GA 30058

Estimated Value: $29,000 - $90,000

0.1 Acre
$512,170 Price per Acre
4,356 Sq Ft Lot

Last Sold April 22, 2025

Last sale price $30,000 $22 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $342/month

30 Days on Market

About This Lot

As of April 2025

Vacant Lot for Sale in Established Neighborhood This vacant lot presents an opportunity to build a home or investment property in an established neighborhood. Surrounded by mature trees and existing residences, the lot offers a setting with a sense of community. With lot dimensions 60 x 100, the property provides space for various potential building plans, subject to local zoning and permit requirements. The lot is relatively level, and utility connections are available, though buyers should verify all details with the appropriate local authorities. The location offers access to nearby schools, shopping, dining, and recreational areas. Major roads and public transportation options are within a reasonable distance, providing connectivity to surrounding areas. Vacant land in this neighborhood is limited, making this an opportunity for buyers considering future development. Interested parties are encouraged to conduct their own due diligence regarding zoning, utilities, and other building requirements. For more information or to schedule a visit, contact your trusted agent or call us.

Last Agent to Sell the Property

William Braswell

Bryant Realty Inc License #245412 Listed on: 03/04/2025

Last Buyer's Agent

Shamilla 'Sarah' Ramdass

Epique Realty License #420346

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $701

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Schools

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

Utilities

  • Underground Utilities

Community Details

  • No Home Owners Association
  • Panola Downs Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$701

Lot Details

0

Listing Details

  • Property Type: Land
  • Financing Type: Cash
  • Lot Size Acres: .10
  • Property Sub-Type: Residential Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Land Use Restrictions: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Frontage Road: 60
  • Lot Features: Level

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

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

Lot Info

  • Deed Book: 31095
  • Deed Page: 610
  • CurrentUse: Other

Tax Info

  • Year: 23
  • Tax Annual Amount: 700.64

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Apr 8, 2025
Sold by
Wilmington Trust Na Tr
Bought by
Able Quality Construction Llc
Seller's Agent
William Braswell
Bryant Realty Inc
Buyer's Agent
Shamilla 'Sarah' Ramdass
Epique Realty
List Price
$29,900
Sold Price
$30,000
Premium/Discount to List
$100
0.33%
Views
16
Current Estimated Value
$51,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,217
Avg. Annual Appreciation
256.62%

Purchase Details

Closed on
Feb 4, 2025
Sold by
Helmsman Homes Llc
Bought by
Mfra Trust 2021 2 and Wilmington Trust Na Tr

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 18, 2023
Sold by
Ferguson Barrington J
Bought by
Helmsman Homes Llc
Seller's Agent
Barrington Ferguson
Atlanta Communities
Buyer's Agent
Jason Moore
RE/MAX Legends
List Price
$55,000
Sold Price
$55,000
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.13%

Purchase Details

Closed on
Jun 26, 2023
Sold by
Georgia Selected Homes Llc
Bought by
Ferguson Enterprises Of Ga Llc

Purchase Details

Closed on
Nov 30, 2015
Sold by
Cgs Capital 2014 Lp
Bought by
Georgia Selected Homes Llc

Purchase Details

Closed on
Jun 3, 2014
Sold by
Georgia Selected Homes Llc
Bought by
Cgs Capital 2014 Lp

Purchase Details

Closed on
Sep 15, 2011
Sold by
D
Bought by
Georgia Selected Homes Llc

Purchase Details

Closed on
Mar 31, 2011
Sold by
Singh-Jackson Ramona D
Bought by
D & Jc Investment Usa Llc

Purchase Details

Closed on
Sep 7, 2010
Sold by
Sheriff Of Dekalb County
Bought by
Cmc Ventures

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
4.45%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 30, 2008
Sold by
Jackson Anthony E
Bought by
Singh-Jackson Ramona D
Source: Public Records

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 Buyer Sale Price Title Company
Able Quality Construction Llc $30,000 --
Mfra Trust 2021 2 $12,254 --
Helmsman Homes Llc $55,000 --
Ferguson Enterprises Of Ga Llc $22,000 --
Georgia Selected Homes Llc -- --
Cgs Capital 2014 Lp $10,500 --
Georgia Selected Homes Llc $73,000 --
D -- --
D & Jc Investment Usa Llc $34,000 --
Cmc Ventures $11,000 --
Singh-Jackson Ramona D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cmc Ventures $11,000
Previous Owner Jackson Anthony E $60,000
Previous Owner Jackson Anthony E $50,000
Previous Owner Jackson Anthony E $32,247
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $29,900 -0.3% $22 / Sq Ft
04/22/2025 04/22/25 Sold $30,000 0.0% $22 / Sq Ft
04/04/2025 04/04/25 Off Market $30,000 -- --
03/28/2025 03/28/25 Price Changed $29,900 -14.3% $22 / Sq Ft
03/04/2025 03/04/25 For Sale $34,900 -36.5% $25 / Sq Ft
09/15/2023 09/15/23 Sold $55,000 0.0% $40 / Sq Ft
07/19/2023 07/19/23 For Sale $55,000 -- $40 / 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 $831 $16,000 $16,000 --
2023 $831 $16,000 $16,000 $0
2022 $388 $7,200 $7,200 $0
2021 $388 $7,200 $7,200 $0
2020 $388 $7,200 $7,200 $0
2019 $388 $7,200 $7,200 $0
2018 $860 $7,200 $7,200 $0
2017 $225 $3,480 $3,480 $0
2016 $226 $3,480 $3,480 $0
2014 $495 $3,480 $3,480 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Georgia MLS

MLS Number: 10471313

Georgia MLS

APN: 16-059-01-332