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  • $289,000

    5541 Downs Way, Lithonia, GA 30058

    3beds
    1,824sqft
    Single Family Residence
    Built in 1989
    6,098 Square Feet Lot
    $258,900 Zestimate®
    $158/sqft
    $1,926 Estimated rent

    Home value

    $258,900

    $243,000 - $274,000

    $1,926/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cong Nguyen 678-772-8783,

    Ascend Realty Group

    Bought with:

    Whitney Agee, 387094

    eXp Realty

    Source: GAMLS,MLS#: 10480718MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Family Room
    Dining room
    • Features: Dining Rm/Living Rm Combo
    Kitchen
    • Features: Solid Surface Counters
    Heating
    • Central, Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Included: Dishwasher, Gas Water Heater, Oven/Range (Combo), Stainless Steel Appliance(s)
    • Laundry: In Basement, In Hall
    Features
    • Walk-In Closet(s)
    • Flooring: Vinyl
    • Windows: Bay Window(s), Double Pane Windows
    • Basement: Finished,Partial
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas Log, Gas Starter
    Interior area
    • Total structure area: 1,824
    • Total interior livable area: 1,824 sqft
    • Finished area above ground: 1,484
    • Finished area below ground: 340

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Has attached garage: Yes
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Patio
    Lot
    • Size: 6,098 Square Feet
    • Features: None
    Details
    • Parcel number: 16 059 01 365
    • Special conditions: Investor Owned

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Block, Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Connected, Water Available

    Community & HOA

    Community
    • Features: None
    • Subdivision: Panola Downs
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Lithonia

    Financial & listing details

    • Price per square foot: $158/sqft
    • Tax assessed value: $296,300
    • Annual tax amount: $2,741
    • Date on market: 3/18/2025
    • Cumulative days on market: 20 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/8/2025Sold$289,000$158/sqft
    Source: GAMLS #10480718 Report a problem
    4/7/2025Pending sale$289,000$158/sqft
    Source: FMLS GA #7542738 Report a problem
    3/18/2025Listed for sale$289,000-2%$158/sqft
    Source: FMLS GA #7542738 Report a problem
    3/13/2025Listing removed$295,000$162/sqft
    Source: FMLS GA #7508136 Report a problem
    2/18/2025Price change$295,000-0.7%$162/sqft
    Source: FMLS GA #7508136 Report a problem
    1/13/2025Listed for sale$297,000$163/sqft
    Source: GAMLS #10439096 Report a problem
    1/9/2025Listing removed$297,000$163/sqft
    Source: FMLS GA #7487330 Report a problem
    1/5/2025Listed for sale$297,000$163/sqft
    Source: GAMLS #10414734 Report a problem
    12/3/2024Pending sale$297,000$163/sqft
    Source: GAMLS #10414734 Report a problem
    11/16/2024Listed for sale$297,000+147.5%$163/sqft
    Source: FMLS GA #7487330 Report a problem
    5/28/2024Sold$120,000+192.7%$66/sqft
    Source: Public Record Report a problem
    11/30/2009Sold$41,000+17.1%$22/sqft
    Source: Public Record Report a problem
    8/7/2009Sold$35,000-12.3%$19/sqft
    Source: Public Record Report a problem
    8/7/2009Listed for sale$39,900$22/sqft
    Source: foreclosure.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,625 +105.2%$118,520 +21.5%
    2024$2,741 +30.8%$97,560 -0.1%
    2023$2,096 -2.9%$97,640 +29.2%
    2022$2,158 +22.5%$75,560 +29.4%
    2021$1,762 +16.6%$58,400 +23.4%
    2020$1,511 +2.6%$47,320 +2.3%
    2019$1,472 +24.6%$46,240 +27%
    2018$1,182 +10.7%$36,400 +13.6%
    2017$1,068 +13.9%$32,040 +10.6%
    2016$937 $28,960 -10.4%
    2014$937 $32,320 +134.9%
    2013-- $13,760
    2012-- $13,760 -28.2%
    2011-- $19,152 -48.7%
    2010$1,167 -42%$37,360 -10.5%
    2009$2,011 -20.4%$41,760 -25.3%
    2008$2,527 +0.1%$55,880
    2007$2,523 $55,880
    2006$2,523 +11.5%$55,880 +9.5%
    2005$2,263 +3.7%$51,040 +4.2%
    2004$2,183 +6.3%$48,960 +5.1%
    2003$2,053 +6.4%$46,600 +4.6%
    2002$1,929 +14.9%$44,560
    2001$1,680 $44,560
    Find assessor info on the county website

    Neighborhood: 30058

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Panola Way
    • Middle: Miller Grove
    • High: Miller Grove

    Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $258,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $258,900