NOT LISTED FOR SALE

5541 Downs Way Lithonia, GA 30058

Redan Area

Estimated Value: $243,000 - $282,000

3 Beds
2 Baths
1,824 Sq Ft
$146/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2025

Last sale price $289,000 $158 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,907 / mo

14 Days on Market

Highlights

  • Open-Concept Dining Room
  • Traditional Architecture
  • Neighborhood Views
  • Green Roof
  • Solid Surface Countertops
  • White Kitchen Cabinets

About This Home

As of May 2025

Seller's preferred lender offers a $12,500 free grant towards the buyer's purchase. Discover a fresh start in this remodeled home, boasting an ALL-NEW Kitchen w/ Quartz, Shaker Cabinets, Vinyl Windows, Waterproof LVP Flooring, HVAC-2024, Gas Water Heater-2024, and All Stainless-Steel Appliances. Great space and location for a growing family, roommate income, office use, and entertainment. Stone Mountain Park is a short drive away! Eligible for FHA or VA buyers! No HOA.

Last Agent to Sell the Property

Cong Nguyen

Ascend Realty Group, LLC License #368207 Listed on: 03/18/2025

Ascend Realty Group, LLC

Last Buyer's Agent

Whitney Agee

EXP Realty, LLC. License #387094

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,741

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 6,098

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Bay Window
  • Family Room
  • Open-Concept Dining Room
  • Luxury Vinyl Tile Flooring
  • Neighborhood Views
  • Finished Basement
  • Partial Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Solid Surface Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on lower level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Green Roof
  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts
  • High-Efficiency Water Heater
  • Gas Water Heater

Additional Features

  • Patio
  • 6,098 Sq Ft Lot

Community Details

  • Panola Downs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16 059 01 365

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,741

Year Built

Built in 1989 | Remodeled

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Year Built: 1989
  • Levels Stories: One and One Half
  • Above Grade Finished Sq Ft: 1484.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Luxury Vinyl
  • Fireplace Features: Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Range Hood
  • Interior Amenities: Walk-In Closet(s)
  • Basement: Finished, Partial
  • Kitchen Features: Cabinets White, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Square Footage: 1824.00
  • Spa Features: None
  • Window Features: Bay Window(s), Double Pane Windows
  • Below Grade Finished Sq Ft: 340.00

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Construction Materials: Wood Siding
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • View: Neighborhood
  • Pool Private: No
  • Foundation: Block, Slab

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • Laundry Features: In Hall, Lower Level
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • Subdivision Complex: Panola Downs

Lot Info

  • Acres: 0.1400
  • Lot Dimensions: x
  • Parcel Number: 16 059 01 365
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, HVAC, Lighting, Roof, Thermostat, Water Heater
  • Green Energy Generation: None

Tax Info

  • Taxes: 2741.00
  • Tax Year: 2024

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
May 8, 2025
Sold by
Bought by
Seller's Agent
Cong Nguyen
Ascend Realty Group, LLC
Buyer's Agent
Whitney Agee
EXP Realty, LLC.
List Price
$289,000
Sold Price
$289,000
Views
33
Current Estimated Value
$266,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,739
Avg. Annual Appreciation
-6.65%

Purchase Details

Closed on
May 28, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
0.0722%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 2009
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$289,000 --
-- --
$120,000 --
$41,000 --
$35,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $197,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/08/2025 05/08/25 Sold $289,000 0.0% $158 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $289,000 -- $158 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,625 $118,520 $16,000 $102,520
2024 $2,741 $97,560 $16,000 $81,560
2023 $2,741 $97,640 $16,000 $81,640
2022 $2,158 $75,560 $7,200 $68,360
2021 $1,762 $58,400 $7,200 $51,200
2020 $1,511 $47,320 $7,200 $40,120
2019 $1,472 $46,240 $7,200 $39,040
2018 $1,062 $36,400 $7,200 $29,200
2017 $1,068 $32,040 $3,480 $28,560
2016 $937 $28,960 $3,480 $25,480
2014 $1,054 $32,320 $3,480 $28,840
Source: Public Records

Agents Affiliated with this Home

  • Cong Nguyen

    Seller's Agent in 2025

    Cong Nguyen

    Ascend Realty Group, LLC

    (678) 772-8783

    52 Total Sales

    Cong Nguyen
    Section Image
  • Whitney Agee

    Buyer's Agent in 2025

    Whitney Agee

    EXP Realty, LLC.

    (470) 345-1668

    271 Total Sales

    Whitney Agee
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7542738

First Multiple Listing Service (FMLS)

APN: 16-059-01-365

Georgia DeKalb County Lithonia 30058

5541 Downs Way, Lithonia, GA

First Multiple Listing Service (FMLS) Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.