$72,500
SOLD SEP 23, 2014

5581 Downs Way Lithonia, GA 30058

3 Beds
2 Baths
1,166 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

15% Below List Price

22 Days on Market

Highlights

  • A-Frame Home
  • Cul-De-Sac
  • Laundry Room
  • Main Floor Primary Bedroom
  • Front Porch
  • Central Air

About This Home

As of September 2014

.Must see this move in ready home with a great yard, the right price, and in a convenient lacation with near by school, shopping, fitness center,and MARTA.

Last Agent to Sell the Property

GEORGE JACKSON

HomeSmart License #287940

Last Buyer's Agent

Spencer Lindahl

NOT A VALID MEMBER License #350358

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1989

Parking

  • 1 Car Garage

Home Design

  • A-Frame Home
  • Split Level Home
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,166 Sq Ft Home
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Bathtub and Shower Combination in Primary Bathroom

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Front Porch
  • Cul-De-Sac

Community Details

  • Panola Downs Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 49 / b
  • Assessor Parcel Number 5581DownsWAY

Home Details

Home Type

Single Family

Est. Annual Taxes

$800

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: A-Frame
  • Property Condition: Resale
  • Year Built: 1989
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Water Heater, Refrigerator
  • Kitchen Features: Cabinets Stain, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1166.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Home Warranty: Yes
  • Subdivision Complex: Panola Downs

Schools

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

Lot Info

  • Lot: 49
  • Land/Lot: 59
  • Deed Book: 24449
  • Deed Page: 112
  • Plat Book: 88
  • Plat Page: 113
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: .2 aceas
  • Parcel Number: 5581DownsWAY
  • Property Attached Yn: No

Tax Info

  • Taxes: 800.00
  • Assessor Parcel Number: 16-059-01-373
  • Close Date: 2014-09-23
  • Tax Year: 2013

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2016
Sold by
Jeff 1 Llc
Bought by
Us Sfe Asset Co 1 Llc
Total Days on Market
22
Current Estimated Value
$221,487

Purchase Details

Listed on
Aug 1, 2014
Closed on
Sep 23, 2014
Sold by
Southern Royalty Investment Gr
Bought by
Jeff 1 Llc
Seller's Agent
GEORGE JACKSON
HomeSmart
Buyer's Agent
Spencer Lindahl
NOT A VALID MEMBER
List Price
$84,900
Sold Price
$72,500
Premium/Discount to List
-$12,400
-14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Jun 17, 2014
Sold by
Hanchett Donald
Bought by
Southern Royalty Investment Gr

Purchase Details

Closed on
Feb 7, 2006
Sold by
Beal Autavia
Bought by
Jp Morgan Chase Bk

Purchase Details

Closed on
Oct 28, 2003
Sold by
Mustipher Jacquelyn C
Bought by
Beal Autavia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 1999
Sold by
Jones Carolyn Y
Bought by
Mustipher Jacqueline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,508
Interest Rate
7.99%
Mortgage Type
FHA

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
Quit Claim Deed -- --
Warranty Deed $72,500 --
Warranty Deed -- --
Foreclosure Deed $85,000 --
Deed $90,000 --
Deed $91,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $67,500 New Conventional
Previous Owner $90,000 New Conventional
Previous Owner $90,508 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Rented $1,495 0.0% --
08/22/2023 08/22/23 Price Changed $1,495 -3.2% $1 / Sq Ft
08/08/2023 08/08/23 Price Changed $1,545 -3.1% $1 / Sq Ft
07/30/2023 07/30/23 Price Changed $1,595 -3.0% $1 / Sq Ft
07/23/2023 07/23/23 For Rent $1,645 +83.8% --
10/05/2015 10/05/15 Rented $895 0.0% --
09/05/2015 09/05/15 Under Contract -- -- --
09/03/2015 09/03/15 For Rent $895 0.0% --
08/31/2015 08/31/15 Rented $895 0.0% --
08/31/2015 08/31/15 Rented $895 -10.1% --
08/01/2015 08/01/15 Under Contract -- -- --
08/01/2015 08/01/15 Under Contract -- -- --
06/25/2015 06/25/15 Rented $995 0.0% --
06/25/2015 06/25/15 Rented $995 +11.2% --
06/03/2015 06/03/15 For Rent $895 0.0% --
06/03/2015 06/03/15 For Rent $895 -10.1% --
05/26/2015 05/26/15 Under Contract -- -- --
05/26/2015 05/26/15 Under Contract -- -- --
12/19/2014 12/19/14 For Rent $995 0.0% --
12/17/2014 12/17/14 For Rent $995 0.0% --
09/23/2014 09/23/14 Sold $72,500 -14.6% $62 / Sq Ft
08/24/2014 08/24/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $84,900 -- $73 / 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 $3,994 $85,360 $16,000 $69,360
2022 $2,146 $41,400 $7,200 $34,200
2021 $2,146 $41,400 $7,200 $34,200
2020 $1,873 $41,400 $7,200 $34,200
2019 $1,873 $35,160 $7,200 $27,960
2018 $1,429 $32,000 $7,200 $24,800
2017 $1,250 $20,880 $6,890 $13,990
2016 $1,252 $20,880 $6,890 $13,990
2014 $1,429 $24,280 $3,480 $20,800
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 5326779

First Multiple Listing Service (FMLS)

APN: 16-059-01-373