$175,000
SOLD AUG 5, 2021

5532 Downs Way Lithonia, GA 30058

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

Recently Sold

$114 Per Sq Ft

3% Above List Price

51 Days on Market

Highlights

  • Open-Concept Dining Room
  • Property is near public transit
  • Main Floor Primary Bedroom
  • City View
  • Wooded Lot
  • Great Room

About This Home

As of August 2021

Quaint cottage-like frontage has an Open Front Porch, Private Rear Wood Deck off of open floor plan kitchen, spacious Laundry Room, Private Rear Entry Garage, Finished Basement with 3 entry options: 1) Private Exterior Door, 2) Stairwell off of the main level, and 3) Enclosed Garage. Must view the rear of home to see the property's multi-level living space of 1536 square feet. Vaulted ceilings in living room and master bedroom. Garden tub, spacious laundry room on main floor. Ample paved parking on Long Driveway accommodates multiple vehicles. Being sold "as is". Quaint cottage-like frontage with surprising multi-level interior features beyond the full length porch entry. Private backyard and attached rear entry garage and lots of driveway parking space. Deck off of open floor plan kitchen. Spacious main level laundry room. Finished basement accessed 3 ways: from interior stairwell, exterior private door, or from garage.

Last Agent to Sell the Property

Cynthia Atkins

NOT A VALID MEMBER License #284538 Listed on: 05/19/2021

Last Buyer's Agent

Derek Richardson

ERA Foster & Bond/ERA License #413578

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,546

Year Built

  • Built in 1989

Lot Details

  • 4,356 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Garden
  • Back and Front Yard

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Drive Under Main Level
  • Driveway

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,536 Sq Ft Home
  • 3-Story Property
  • Roommate Plan
  • Ceiling height of 10 feet on the lower level
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Shutters
  • Display Windows
  • Private Rear Entry
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • City Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Interior and Exterior Basement Entry
  • Garage Access

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • 110 Volts

Listing and Financial Details

  • Legal Lot and Block 35 / B
  • Assessor Parcel Number 16 059 01 387

Community Details

Overview

  • Panola Downs Subdivision

Recreation

  • Swim or tennis dues are optional

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,546

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: Cottage
  • Property Condition: Resale
  • Year Built: 1989
  • Levels Stories: Three Or More
  • Body Type: Other
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Fireplace Features: Factory Built, Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Oven, Microwave
  • Interior Amenities: High Ceilings 10 ft Lower, High Ceilings 9 ft Main, Double Vanity, Disappearing Attic Stairs, Entrance Foyer, Walk-In Closet(s)
  • Basement: Driveway Access, Exterior Entry, Finished, Interior Entry
  • Kitchen Features: Cabinets Other, Cabinets Stain, Country Kitchen, Eat-in Kitchen, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Living Room, Other
  • Dining Room Features: Open Concept
  • Square Footage: 1536.00
  • Spa Features: None
  • Window Features: Display Window(s), Shutters
  • Below Grade Finished Sq Ft: 700.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Roommate Floor Plan, Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Shingle
  • Exterior Features: Garden, Private Yard, Private Rear Entry
  • View: City
  • Foundation: Concrete Perimeter, Slab

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Number Of Parking Spaces: 3
  • Parking Features: Attached, Drive Under Main Level, Driveway, Garage, Garage Faces Rear

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s), Security System Owned
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Public Transportation, Near Marta, Near Schools, Near Shopping
  • Swim Tennis Fee Due: Optional
  • Subdivision Complex: Panola Downs

Schools

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

Lot Info

  • Acres: 0.1000
  • Lot: 35
  • Lot Features: Back Yard, Level, Landscaped, Sloped, Wooded, Front Yard
  • Parcel Number: 16 059 01 387
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1546.00
  • Assessor Parcel Number: 16 059 01 387
  • Close Date: 2021-08-05
  • Tax Year: 2019

MLS Schools

  • 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/ERA
List Price
$170,000
Sold Price
$175,000
Premium/Discount to List
$5,000
2.94%
Current Estimated Value
$230,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,535
Avg. Annual Appreciation
4.79%

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
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 $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 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 $3,505 $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

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6885664

First Multiple Listing Service (FMLS)

APN: 16-059-01-387