$141,000
SOLD OCT 4, 2019

5583 Downs Way Lithonia, GA 30058

3 Beds
2 Baths
1,340 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

5% Below List Price

Highlights

  • Open-Concept Dining Room
  • Wood Flooring
  • Walk-In Closet
  • Contemporary Architecture
  • Separate Shower in Primary Bathroom
  • Laundry Room

About This Home

As of October 2019

Great 3 bedrooms 2 bathrooms home after cosmetic renovation. Move-in ready condition, perfect starter home or investment property. No HOA, quite neighborhood. Schedule your visit today.

Last Agent to Sell the Property

Anita Darcourt

HomeSmart License #370262 Listed on: 07/10/2019

HomeSmart

Last Buyer's Agent

George Kypreos

GK Properties, LLC License #394360

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1989

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts a private road
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,340 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Panola Downs Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 48 / B
  • Assessor Parcel Number 16 059 01 374

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,550

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Property Condition: Resale
  • Year Built: 1989
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 1340.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Home Warranty: Yes
  • Subdivision Complex: Panola Downs

Schools

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

Lot Info

  • Acres: 0.2000
  • Lot: 48
  • Land/Lot: 59
  • Plat Book: 88
  • Plat Page: 113
  • Lot Features: Level
  • Lot Dimensions: x
  • Parcel Number: 16 059 01 374
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1550.00
  • Assessor Parcel Number: 16-059-01-374
  • Close Date: 2019-10-04
  • Tax Year: 2017

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
Jul 10, 2019
Closed on
Oct 4, 2019
Sold by
Fourth Spirus Reim Atlanta Llc
Bought by
Yamasa Co Ltd
Seller's Agent
Anita Darcourt
HomeSmart
Buyer's Agent
George Kypreos
GK Properties, LLC
List Price
$149,000
Sold Price
$141,000
Premium/Discount to List
-$8,000
-5.37%
Current Estimated Value
$228,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,229
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
Nov 6, 2012
Sold by
Showers Stanley T
Bought by
Fourth Spirus Reim Atlanta Llc

Purchase Details

Closed on
Jan 13, 1997
Sold by
Lipscomb Shirley M
Bought by
Showers Stanley T
Source: Public Records

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 $141,000 --
Foreclosure Deed -- --
Deed $81,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,800 Stand Alone Second
Closed $0 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Rented $1,750 0.0% --
01/10/2023 01/10/23 For Rent $1,750 +19.0% --
01/03/2020 01/03/20 Rented $1,470 0.0% --
12/16/2019 12/16/19 Under Contract -- -- --
12/12/2019 12/12/19 Price Changed $1,470 -3.0% $1 / Sq Ft
12/05/2019 12/05/19 Price Changed $1,515 -2.9% $1 / Sq Ft
11/27/2019 11/27/19 Price Changed $1,560 +1.6% $1 / Sq Ft
11/21/2019 11/21/19 Price Changed $1,535 +1.3% $1 / Sq Ft
11/11/2019 11/11/19 For Rent $1,515 0.0% --
10/04/2019 10/04/19 Sold $141,000 -5.4% $105 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $149,000 0.0% $111 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $149,000 0.0% $111 / Sq Ft
06/11/2013 06/11/13 Rented $950 0.0% --
05/12/2013 05/12/13 Under Contract -- -- --
02/26/2013 02/26/13 For Rent $950 -- --
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
2024 $3,714 $74,960 $7,496 $67,464
2023 $3,714 $74,960 $7,496 $67,464
2022 $2,886 $74,960 $7,200 $67,760
2021 $2,886 $58,240 $7,200 $51,040
2020 $2,529 $50,120 $7,200 $42,920
2019 $2,189 $42,360 $7,200 $35,160
2018 $1,742 $38,000 $7,200 $30,800
2017 $1,550 $27,680 $3,480 $24,200
2016 $1,484 $26,120 $3,480 $22,640
2014 $1,681 $29,840 $3,480 $26,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6583280

First Multiple Listing Service (FMLS)

APN: 16-059-01-374