NOT LISTED FOR SALE

5535 Downs Way Lithonia, GA 30058

Estimated Value: $225,912 - $243,000

5 Beds
2.5 Baths
1,696 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $188,000 $111 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,624/month

Highlights

  • Traditional Architecture
  • No HOA
  • Central Heating and Cooling System
  • 1 Fireplace

About This Home

As of July 2023

Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $2043.90. That covers your base rent, $1899.00 + our required services designed to make your life easier: Air Filter Delivery Fee ($9.95), Internet & Media ($85), Smart Home with video doorbell ($40), and Utility Billing Service Fee ($9.95). Base rent varies based on selected lease term.

Receive $1000 off first full month's rent with an application on or before 11/20.
For a detailed price breakdown, please refer to each listing. Limited time offer subject to change or cancellation and application approval.

This is the house you've been looking for. It's welcoming, stylish and comfortable. A breathtaking entryway and a functional design all come together to make a comfortable interior ready for you to transform it into your ideal home. Luxury vinyl plank flooring runs throughout the home's living area. The living area gives you plenty of space for a dining room and entertainment area right by the fireplace. The comfortable kitchen space is complemented with granite countertops, premium cabinets, and stainless-steel appliances. Meal times and household gatherings will be even sweeter in this kitchen space you can make your own. Turn this fenced backyard into your ideal outdoor space. Set outdoor meals on the patio, make room for outdoor plants and decorate as you see fit to make the yard a space that reflects your sense of style. Apply online now!

This home is located within the service area where our Internet Package is required, it will be equipped with high-speed internet and media streaming capabilities at just $85 per month, a great value. This monthly fee will be required in your lease.


At Invitation Homes, we offer pet-friendly, yard-having homes for lease with Smart Home technology in awesome neighborhoods across the country. Live in a great house without the headache and long-term commitment of owning. Discover your dream home with Invitation Homes.

To make your leasing lifestyle as hassle-free as possible, every Invitation Homes lease requires a subscription to our Lease Easy bundle. You’ll enjoy more convenience and control with standard services that may include air filter delivery, utility management, and Smart Home with video doorbell. Want to take easy to the next level? Lawn care and pest control are also available.

Home Features and Amenities: Air Conditioning, Fenced Yard, Fireplace, Granite Countertops, Long Lease Terms, Luxury Vinyl Plank, Patio, Pet Friendly, Smart Home, Stainless Steel Appliances, W/D Hookups, and professionally managed by Invitation Homes.

Invitation Homes is an equal housing lessor under the FHA. Applicable local, state and federal laws may apply.  Additional terms and conditions apply. This listing is not an offer to rent. You must submit additional information including an application to rent and an application fee. All leasing information is believed to be accurate, but changes may have occurred since photographs were taken and square footage is estimated. Furthermore, prices and dates may change without notice. Every approved applicant must confirm the status of pet(s) in their home through and pay applicable pet registration fees prior to the execution of the final lease agreement. See InvitationHomes website for more information.

Beware of scams: Employees of Invitation Homes will never ask you for your username and password. Invitation Homes does not advertise on Craigslist, Social Serve, etc. We own our homes; there are no private owners. All funds to lease with Invitation Homes are paid directly through our website, never through wire transfer or payment app like Zelle, Pay Pal, or Cash App.

For more info, please submit an inquiry for this home. Applications are subject to our qualification requirements. Additional terms and conditions apply. CONSENT TO CALLS & TEXT MESSAGING: By entering your contact information, you expressly consent to receive emails, calls, and text messages from Invitation Homes including by autodialer, prerecorded or artificial voice and including marketing communications. Msg & Data rates may apply. You also agree to our Terms of Use and our Privacy Policy.

Last Agent to Rent the Property

Kristin Gresham

Excalibur Homes, LLC License #304558 Listed on: 03/22/2023

Last Renter's Agent

Kristin Gresham

Excalibur Homes, LLC License #304558 Listed on: 03/22/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 4,356

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,696 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Additional Features

  • 4,356 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Panola Downs Subdivision

Listing and Financial Details

  • Security Deposit $1,875
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Security Deposit: 1875

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1989
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: LEASE
  • Levels: Two
  • Lot Size Acres: .10
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1696
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 5
  • Basement: None
  • Total Finished Sq Ft: 1696
  • Above Grade Finished Sq Ft: 1696
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 5

Exterior Features

  • Construction Materials: Other
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None
  • PetsAllowed: Call

Fee Information

  • Fee Paid: Yes
  • Association Fee Includes: None

Schools

  • Elementary School: Other
  • High School: Other
  • Middle School: Other

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2021
Sold by
Sfr Xii Atl Owner 1 Lp
Bought by
Sfr Xii Atl Owner 2 Lp
Current Estimated Value
$234,728

Purchase Details

Listed on
Feb 23, 2021
Closed on
May 18, 2021
Sold by
Lewis Debra D
Bought by
Sfr Xii Atl Owner 1 Lp
Seller's Agent
Nikita Dale
Jason Mitchell Real Estate Georgia
Buyer's Agent
ANJANETTE MURPHY
Roofstock Realty
List Price
$190,000
Sold Price
$188,000
Premium/Discount to List
-$2,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Sep 16, 2011
Sold by
Brown Angelia
Bought by
Lewis Debra D

Purchase Details

Closed on
Aug 5, 2004
Sold by
Southeast Property Coalition Llc
Bought by
Mckay Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,100
Interest Rate
8.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2001
Sold by
Contimortgage Corp
Bought by
Goldberg Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2000
Sold by
Wingo Thelmasenia S
Bought by
Manufacturers & Traders Trust Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Sfr Xii Atl Owner 2 Lp -- --
Sfr Xii Atl Owner 1 Lp $188,000 --
Lewis Debra D $24,900 --
Mckay Ronald $106,500 --
Goldberg Charles $87,000 --
Manufacturers & Traders Trust Co $85,723 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckay Ronald $112,100
Previous Owner Goldberg Charles $78,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 Off Market $1,899 -- --
10/22/2025 10/22/25 Price Changed $1,899 -2.4% $1 / Sq Ft
10/04/2025 10/04/25 Price Changed $1,945 -0.8% $1 / Sq Ft
09/18/2025 09/18/25 Price Changed $1,960 -2.0% $1 / Sq Ft
09/03/2025 09/03/25 Price Changed $1,999 -2.0% $1 / Sq Ft
08/14/2025 08/14/25 For Rent $2,040 0.0% --
07/07/2025 07/07/25 Off Market $2,040 -- --
06/30/2025 06/30/25 Price Changed $2,040 -1.7% $1 / Sq Ft
06/27/2025 06/27/25 For Rent $2,075 0.0% --
06/26/2025 06/26/25 Off Market $2,075 -- --
06/04/2025 06/04/25 Price Changed $2,075 +2.5% $1 / Sq Ft
05/28/2025 05/28/25 Price Changed $2,025 +2.5% $1 / Sq Ft
05/21/2025 05/21/25 For Rent $1,975 0.0% --
05/18/2025 05/18/25 Off Market $1,975 -- --
05/09/2025 05/09/25 For Rent $1,975 +5.3% --
07/03/2023 07/03/23 Rented $1,875 0.0% --
06/21/2023 06/21/23 Price Changed $1,875 -1.1% $1 / Sq Ft
05/09/2023 05/09/23 Price Changed $1,895 -0.2% $1 / Sq Ft
04/28/2023 04/28/23 Price Changed $1,899 -1.4% $1 / Sq Ft
04/19/2023 04/19/23 Price Changed $1,925 -1.3% $1 / Sq Ft
03/22/2023 03/22/23 For Rent $1,950 +2.9% --
02/08/2022 02/08/22 Rented $1,895 0.0% --
01/18/2022 01/18/22 For Rent $1,895 0.0% --
05/18/2021 05/18/21 Sold $188,000 -1.1% $124 / Sq Ft View Prior Sale
05/05/2021 05/05/21 Pending -- -- --
05/04/2021 05/04/21 Price Changed $190,000 0.0% $125 / Sq Ft
05/04/2021 05/04/21 For Sale $190,000 +5.6% $125 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $180,000 0.0% $119 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $180,000 -- $119 / 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
2025 $4,663 $96,440 $16,395 $80,045
2024 $4,753 $98,560 $16,000 $82,560
2023 $4,753 $96,440 $16,000 $80,440
2022 $3,638 $75,200 $6,920 $68,280
2021 $2,728 $54,480 $7,200 $47,280
2020 $2,309 $44,920 $7,200 $37,720
2019 $2,015 $38,240 $7,200 $31,040
2018 $1,585 $32,040 $7,200 $24,840
2017 $1,761 $30,440 $3,480 $26,960
2016 $1,438 $24,920 $3,480 $21,440
2014 $1,703 $30,160 $3,480 $26,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20111239

Georgia MLS

APN: 16-059-01-364