NOT LISTED FOR SALE

5584 Downs Way Lithonia, GA 30058

Estimated Value: $228,000 - $246,987

3 Beds
2 Baths
1,340 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $260,000 $194 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,643/month

12 Days on Market

Highlights

  • Deck
  • Solid Surface Countertops
  • Breakfast Room
  • Traditional Architecture
  • No HOA
  • Stainless Steel Appliances

About This Home

As of November 2023

Totally renovated better than new home in this popular area of Panola Downs in Lithonia! New custom kitchen with granite counter-tops and stainless steel appliances. Spacious open family room with fireplace & dining area. All newly renovated bathrooms. Large master-suite with walk-in closet and large master bathroom. All new systems, new roof & driveway. New double pane insulated glass windows. Beautiful new flooring throughout home. New large deck overlooking very large backyard with new wooden privacy fence & landscaped sodded lawn. This home is unique among its competitors. You could not get a better design for your long-term use. The asking price is well under what you'd pay for new construction in this part of town. This is a Great Deal for this top quality renovation!

Last Agent to Sell the Property

Costa Panos

Realty Associates of Atlanta License #123048 Listed on: 10/13/2023

Last Buyer's Agent

Jailen Holt

Virtual Properties Realty.com License #372114

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,132

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Cul-De-Sac
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Garden

Home Design

  • Traditional Architecture
  • Block Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,340 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Crawl Space
  • Laundry closet

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Panola Downs Subdivision

Listing and Financial Details

  • Legal Lot and Block 46 / B

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,132

Year Built

Built in 1989 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 16
  • Year Built: 1989
  • ArchitecturalStyle: Traditional
  • Financing Type: 100%
  • Levels: Two
  • Lot Size Acres: .20
  • Other Sturctures: Other
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1340
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Ice Maker, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Dining Room Features: Separate Room
  • Basement: Crawl Space
  • Total Finished Sq Ft: 1340
  • Above Grade Finished Sq Ft: 1340
  • Interior Amenities: Other, Walk-In Closet(s)
  • Accessibility Features: Other
  • Full Bathrooms: 2
  • Fireplace Features: Family Room, Living Room, Gas Starter
  • Flooring: Laminate, Vinyl
  • Kitchen Features: Breakfast Room, Pantry, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 215.671

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • ExteriorFeatures: Garden, Other
  • Fencing: Fenced, Back Yard, Privacy, Wood
  • Foundation Details: Block
  • Lot Features: Cul-De-Sac, Level, Private
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage, Kitchen Level
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central, Forced Air
  • Laundry Features: Laundry Closet, Other
  • Security Features: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Land Lot: 59
  • Lot: 46

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2132

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 29, 2023
Sold by
Ellis Retail Acquisitions Llc
Bought by
Argueta Evangelina and Laporte Victoria Argueta
Seller's Agent
Costa Panos
Realty Associates of Atlanta
Buyer's Agent
Jailen Holt
Virtual Properties Realty.com
List Price
$279,000
Sold Price
$260,000
Premium/Discount to List
-$19,000
-6.81%
Views
124
Current Estimated Value
$237,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,503
Avg. Annual Appreciation
-1.72%

Purchase Details

Closed on
May 26, 2023
Sold by
Mcdowell Tekelle
Bought by
Ellis Retail Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2023
Sold by
Collins Jarrett
Bought by
Mcdowell Tekelle

Purchase Details

Closed on
Feb 27, 2008
Sold by
Gmac Mtg Llc
Bought by
Mcdowell Tekelle and Collins Jarrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,892
Interest Rate
5.46%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 2007
Sold by
Rahman Nafeesah
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Jul 30, 2004
Sold by
Equicredit Corp Trust
Bought by
Fraser Glenore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2003
Sold by
Wright Stephanie L and Wright Robert E
Bought by
Equicredit Corp

Purchase Details

Closed on
Oct 10, 1996
Sold by
Marshall Billy
Bought by
Wright Robert E Stephanie
Source: Public Records

Range of Values:

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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
Argueta Evangelina $260,000 --
Ellis Retail Acquisitions Llc $143,000 --
Mcdowell Tekelle -- --
Mcdowell Tekelle $77,500 --
Gmac Mtg Llc -- --
Washington Mutual Bank $118,613 --
Fraser Glenore $93,000 --
Equicredit Corp $86,618 --
Wright Robert E Stephanie $15,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis Retail Acquisitions Llc $155,000
Previous Owner Gmac Mtg Llc $76,892
Previous Owner Rahman Nafeesah $110,400
Previous Owner Fraser Glenmore $103,500
Previous Owner Fraser Glenmore $5,750
Previous Owner Fraser Glenore $83,700
Previous Owner Wright Robert E $102,000
Previous Owner Wright Robert E $11,800
Closed Wright Robert E Stephanie $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $260,000 -10.0% $194 / Sq Ft
10/29/2023 10/29/23 Price Changed $289,000 +3.6% $216 / Sq Ft
10/28/2023 10/28/23 Price Changed $279,000 0.0% $208 / Sq Ft
10/28/2023 10/28/23 For Sale $279,000 -3.5% $208 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $289,000 -- $216 / 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
2024 $4,664 $96,680 $16,000 $80,680
2023 $4,664 $87,840 $16,000 $71,840
2022 $2,132 $71,480 $7,200 $64,280
2021 $1,723 $53,760 $7,200 $46,560
2020 $1,518 $45,920 $7,200 $38,720
2019 $1,382 $42,360 $7,200 $35,160
2018 $1,037 $38,000 $7,200 $30,800
2017 $906 $27,680 $3,480 $24,200
2016 $832 $26,120 $3,480 $22,640
2014 $962 $29,840 $3,480 $26,360
Source: Public Records

Agents Affiliated with this Home

  • Costa Panos

    Seller's Agent in 2023

    Costa Panos

    Realty Associates of Atlanta

    (404) 642-6756

    29 in this area

    173 Total Sales

    Costa Panos
    Section Image
  • Jailen Holt

    Buyer's Agent in 2023

    Jailen Holt

    Virtual Properties Realty.com

    (404) 468-8174

    1 in this area

    4 Total Sales

    Jailen Holt
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20152344

Georgia MLS

APN: 16-059-01-376

Georgia DeKalb County Lithonia 30058

5584 Downs Way, Lithonia, GA

This home is located at 5584 Downs Way, Lithonia, GA 30058 since 13 October 2023 and is currently estimated at $237,497, approximately $177 per square foot. This property was built in 1989. 5584 Downs Way is a home located in DeKalb County with nearby schools including Panola Way Elementary School, Miller Grove Middle School, and Miller Grove High School.

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