NOT LISTED FOR SALE

5586 Panola Place Lithonia, GA 30058

Estimated Value: $198,000 - $225,000

3 Beds
2 Baths
1,272 Sq Ft
$170/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $215,000 $169 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,509/month

238 Days on Market

Highlights

  • City View
  • Main Floor Primary Bedroom
  • Cul-De-Sac
  • Traditional Architecture
  • Den
  • Ceiling height of 9 feet on the main level

About This Home

As of February 2024

Hurry up and come check out this 3 bedroom, 2 bath 2-story home in Panola Downs Subdivision. The home has new paint and carpet. The home features a fireplace and fenced back yard in a cul-de-sac. There is no HOA! This home is perfect for either a first-time homebuyer or an investor. This home qualifies for 100% financing through United Community Bank!! Back on the market! Buyer's financing fell through!

Last Agent to Sell the Property

Courtney Chambless

EXP Realty, LLC. License #407122 Listed on: 06/12/2023

EXP Realty, LLC.

Last Buyer's Agent

Erica Saron Griffin

Real Broker, LLC. License #301645

Real Broker, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,371

Year Built

  • Built in 1991

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts a county road
  • Cul-De-Sac
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,272 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Insulated Windows
  • Den
  • City Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • 110 Volts
  • Phone Available

Additional Features

  • Energy-Efficient Windows
  • Front Porch

Community Details

  • Panola Downs Subdivision

Listing and Financial Details

  • Legal Lot and Block 78 / B
  • Assessor Parcel Number 16 059 01 344

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,371

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 61 X 130 X 88 X 112 . . . . . . . . . . . 0.17AC 3-29-88 PANOLA DOWNS U-2 BLOCK B LOT 78
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1991
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 1272.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Fireplace Features: Factory Built, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Laundry
  • Square Footage: 1272.00
  • Spa Features: None
  • Window Features: Double Panes, Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Patio And Porch Features: Front Porch, Rear Porch
  • Exterior Features: Private Yard
  • View: City
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Closet, Laundry Room
  • Utilities: Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: Panola Downs

Schools

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

Lot Info

  • Acres: 0.2000
  • Lot: 78
  • Deed Book: 27779
  • Deed Page: 00542
  • Lot Features: Back Yard, Cul-De-Sac, Private
  • Parcel Number: 16 059 01 344
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 3371.00
  • Assessor Parcel Number: 16-059-01-344
  • Close Date: 2024-02-29
  • Tax Year: 2022

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Panola Way
  • High School: Lithonia
  • Middle School: Miller Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Mar 1, 2024
Sold by
Hills Homes Atlanta Llc
Bought by
Florence Michael James
Seller's Agent
Courtney Chambless
EXP Realty, LLC.
Buyer's Agent
Erica Saron Griffin
Real Broker, LLC.
List Price
$215,000
Sold Price
$215,000
Views
529
Current Estimated Value
$216,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,389
Avg. Annual Appreciation
0.85%
Original Mortgage
$208,550
Outstanding Balance
$206,080
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$11,812

Purchase Details

Listed on
Jul 29, 2019
Closed on
Aug 30, 2019
Sold by
Harper Carla D
Bought by
Hills Homes Atlanta Llc
Seller's Agent
Willie Acree
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Julie Colquitt
Sylvan Realty, LLC.
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.92%

Purchase Details

Closed on
Sep 25, 2009
Sold by
Donovan Shaun
Bought by
Hud-Housing Of Urban Dev

Purchase Details

Closed on
Sep 2, 2008
Sold by
Chase Hm Fin Llc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Aug 8, 2003
Sold by
Ponder Adalizbeth
Bought by
Ponder Adalizbeth and Ponder Eddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,700
Interest Rate
5.42%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 1997
Sold by
Penn Selima
Bought by
Homeside Lending Inc
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 Buyer Sale Price Title Company
Florence Michael James $215,000 --
Hills Homes Atlanta Llc $115,000 --
Hud-Housing Of Urban Dev -- --
Secretary Of Hud -- --
Chase Hm Fin Llc $118,810 --
Ponder Adalizbeth -- --
Ponder Adalizbeth $113,500 --
Homeside Lending Inc $68,280 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Florence Michael James $208,550
Previous Owner Harper Carla $53,227
Previous Owner Ponder Eddie $113,375
Previous Owner Ponder Adalizbeth $111,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $215,000 0.0% $169 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $215,000 0.0% $169 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/28/2023 12/28/23 For Sale $215,000 0.0% $169 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/10/2023 11/10/23 Price Changed $215,000 -4.4% $169 / Sq Ft
11/09/2023 11/09/23 For Sale $225,000 +4.7% $177 / Sq Ft
10/27/2023 10/27/23 Off Market $215,000 -- --
10/25/2023 10/25/23 For Sale $225,000 +4.7% $177 / Sq Ft
10/03/2023 10/03/23 Off Market $215,000 -- --
09/20/2023 09/20/23 Price Changed $225,000 -4.3% $177 / Sq Ft
07/12/2023 07/12/23 For Sale $235,000 0.0% $185 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $235,000 0.0% $185 / Sq Ft
05/13/2020 05/13/20 Rented $1,322 0.0% --
04/29/2020 04/29/20 For Rent $1,322 +1.7% --
12/03/2019 12/03/19 Rented $1,300 0.0% --
10/31/2019 10/31/19 For Rent $1,300 0.0% --
08/30/2019 08/30/19 Sold $115,000 -4.2% $90 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $120,000 -- $94 / Sq Ft
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 $4,397 $90,400 $16,000 $74,400
2023 $4,397 $88,200 $16,000 $72,200
2022 $3,371 $69,120 $7,200 $61,920
2021 $2,525 $49,840 $7,200 $42,640
2020 $2,318 $45,120 $7,200 $37,920
2019 $1,970 $37,200 $7,200 $30,000
2018 $1,653 $33,640 $7,200 $26,440
2017 $1,475 $25,800 $3,480 $22,320
2016 $1,428 $24,680 $3,480 $21,200
2014 $1,692 $29,920 $3,480 $26,440
Source: Public Records

Agents Affiliated with this Home

  • Courtney Chambless

    Seller's Agent in 2024

    Courtney Chambless

    EXP Realty, LLC.

    (404) 992-1436

    3 in this area

    65 Total Sales

    Courtney Chambless
    Section Image
  • Erica Saron Griffin

    Buyer's Agent in 2024

    Erica Saron Griffin

    Real Broker, LLC.

    (404) 453-2413

    2 in this area

    50 Total Sales

    Erica Saron Griffin
    Section Image
  • Julie Colquitt

    Seller's Agent in 2020

    Julie Colquitt

    Sylvan Realty, LLC.

    (404) 522-4008

    11 in this area

    2,664 Total Sales

    Julie Colquitt
    Section Image
  • Willie Acree

    Seller's Agent in 2019

    Willie Acree

    Berkshire Hathaway HomeServices Georgia Properties

    (404) 903-5313

    13 Total Sales

    Willie Acree
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7230754

First Multiple Listing Service (FMLS)

APN: 16-059-01-344

Georgia DeKalb County Lithonia 30058

5586 Panola Place, Lithonia, GA

This home is located at 5586 Panola Place, Lithonia, GA 30058 since 12 June 2023 and is currently estimated at $216,389, approximately $170 per square foot. This property was built in 1991. 5586 Panola Place 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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