$57,900
SOLD MAR 10, 2017

5532 Downs Way Lithonia, GA 30058

3 Beds
2.5 Baths
1,536 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

172 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Eat-In Kitchen
  • Property is walking distance to MARTA
  • Main Floor Primary Bedroom
  • Soaking Tub

About This Home

As of August 2021

EQUITY EQUITY EQUITY! Short Sale approved for $57,900, appraised for thousands more! Great investment opportunity. Looks small but is a great size home. Master on the main. Full finished basement. Large kitchen, LR with fireplace, double vanity and separate tub and shower in the master bath. Close to Marta and shopping. Easy access to I-20. Short sale sold as is

Last Agent to Sell the Property

Michelle Pettway

NOT A VALID MEMBER License #242056

NOT A VALID MEMBER

Last Buyer's Agent

Costa Panos

Realty Associates of Atlanta, LLC. License #123048

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1989

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Garden

Parking

  • 1 Car Garage
  • Parking Pad
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Keeping Room with Fireplace
  • Carpet
  • Laundry in Kitchen

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub

Finished Basement

  • Garage Access
  • Natural lighting in basement

Outdoor Features

  • Deck

Location

  • Property is walking distance to MARTA
  • Property is near schools

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Panola Downs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16 059 01 387

Home Details

Home Type

Single Family

Est. Annual Taxes

$897

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
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Keeping Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater
  • Interior Amenities: Walk-In Closet(s)
  • Basement: Daylight, Driveway Access, Finished
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Square Footage: 1536.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub

Exterior Features

  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Garden

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Driveway, Garage, Level Driveway, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: In Kitchen
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools
  • Subdivision Complex: Panola Downs

Schools

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

Lot Info

  • Acres: 0.1000
  • Deed Book: 1680
  • Deed Page: 71
  • Lot Features: Level
  • Lot Dimensions: .01
  • Parcel Number: 16 059 01 387
  • Property Attached Yn: No

Tax Info

  • Taxes: 897.00
  • Assessor Parcel Number: 16-059-01-387
  • Close Date: 2017-03-10
  • Tax Year: 2014

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Aug 5, 2021
Sold by
Morris Natasha
Bought by
Ort Asset Management Llc
Seller's Agent
Cynthia Atkins
NOT A VALID MEMBER
Buyer's Agent
Derek Richardson
ERA Foster & Bond
List Price
$170,000
Sold Price
$175,000
Premium/Discount to List
$5,000
2.94%
Total Days on Market
172
Current Estimated Value
$227,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,505
Avg. Annual Appreciation
7.69%

Purchase Details

Listed on
May 5, 2017
Closed on
Aug 3, 2017
Sold by
Costa Panos
Bought by
Morris Natasha
Seller's Agent
Costa Panos
Realty Associates of Atlanta, LLC.
Buyer's Agent
Cynthia Atkins
NOT A VALID MEMBER
List Price
$109,000
Sold Price
$105,000
Premium/Discount to List
-$4,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.59%
Original Mortgage
$105,168
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2016
Closed on
Mar 10, 2017
Sold by
Booker Barbara
Bought by
Costa Panos and Bambalis Peter
Seller's Agent
Michelle Pettway
NOT A VALID MEMBER
Buyer's Agent
Costa Panos
Realty Associates of Atlanta, LLC.
List Price
$57,900
Sold Price
$57,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
342.87%

Purchase Details

Closed on
Nov 5, 2004
Sold by
Whalen Michael L
Bought by
Booker Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,310
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1996
Sold by
Greene Angela T
Bought by
Whalen Michael L

Map

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 Type Sale Price Title Company
Warranty Deed $175,000 --
Warranty Deed $105,000 --
Warranty Deed $57,900 --
Deed $115,900 --
Deed $79,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,400 Mortgage Modification
Previous Owner $105,168 New Conventional
Previous Owner $104,310 New Conventional
Previous Owner $83,200 Stand Alone Second
Previous Owner $83,200 Stand Alone Refi Refinance Of Original Loan
Closed $0 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $175,000 -1.7% $114 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/13/2021 06/13/21 Price Changed $178,000 +4.7% $116 / Sq Ft
06/10/2021 06/10/21 Price Changed $170,000 0.0% $111 / Sq Ft
06/10/2021 06/10/21 For Sale $170,000 -4.5% $111 / Sq Ft
06/04/2021 06/04/21 Price Changed $178,000 +4.7% $116 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $170,000 +61.9% $111 / Sq Ft
08/03/2017 08/03/17 Sold $105,000 -3.7% $68 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $109,000 0.0% $71 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $109,000 0.0% $71 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
05/06/2017 05/06/17 Price Changed $109,000 -0.8% $71 / Sq Ft
05/05/2017 05/05/17 For Sale $109,900 +89.8% $72 / Sq Ft
03/10/2017 03/10/17 Sold $57,900 0.0% $38 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
01/07/2017 01/07/17 Price Changed $57,900 0.0% $38 / Sq Ft
01/07/2017 01/07/17 For Sale $57,900 -7.9% $38 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
09/23/2016 09/23/16 Price Changed $62,900 -8.8% $41 / Sq Ft
08/15/2016 08/15/16 Price Changed $69,000 -8.0% $45 / Sq Ft
07/25/2016 07/25/16 For Sale $75,000 -- $49 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $3,505 $70,000 $6,300 $63,700
2022 $2,948 $70,000 $6,440 $63,560
2021 $1,614 $61,120 $7,200 $53,920
2020 $1,389 $51,200 $7,200 $44,000
2019 $736 $23,160 $3,480 $19,680
2018 $1,020 $23,160 $3,480 $19,680
2017 $1,449 $23,160 $3,480 $19,680
2016 $1,299 $21,760 $3,480 $18,280
2014 $897 $35,240 $3,480 $31,760
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 5725368

First Multiple Listing Service (FMLS)

APN: 16-059-01-387