2 months on rocket

2551 Panola Rd, Decatur, GA, 30035

$579,900

1.97 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
WaterfrontNone
ViewCity
MLS #7452503
Lot Size1.97 Acres
StatusActive

About 2551 Panola Rd

Location! Location! 1.97 Acres of undeveloped land in the Stonecrest Overlay District is located in a mixed-use area on Panola Rd between I-20 and less than 2-3 mi. from the Covington Hwy busy intersection. The lot is next to Super Suds Car Wash and Panola Crossing Shopping Plaza, directly across from the Lou Walker Senior Citizen Recreational Center. The area is growing with new townhome developments, restaurants, a Lidl & Publix store, LA & Planet Fitness gyms, Walmart, and much more to come! Panola Rd and Covington Highway is a highly traveled road ready for development. Currently zoned C-1, but would be perfect for multi-family re-zoning such as Senior Housing or townhomes. Survey and the StoneCrest Overlay District Design Requirements are available upon request. The seller has single-family residential plans for 18 townhome units (1 car garage) and 13 townhomes (2 car garage). The Buyer is responsible for verifying all information and confirming re-zoning possible use. The property GIS Mapping is in the City of Stonecrest. The city and zip code per the Dekalb County tax records will state Decatur, 30035. However, the taxes are paid to the City of Stonecrest. This is a GIS Mapping issue that the USPS and Stonecrest GIS Mapping will resolve at a future date.

Property Details

Property Features

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (404) 876-4901
  • Listing Agent: Roshonda Dennis

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City

Lot Features

Lot Information:

  • Lot: Irregular Lot, Level
  • Lot Size: 1.97 Acres

Other

Directions Information:

  • Directions: Use GPS. The land sits in between Super Suds Car Wash and a Tax Accounting Business next to Hillandale Primary Care.

Price Information

Listing Price Info

Price Summary:

  • List Price: $579,900

Tax Information:

  • Annual Amount: $5,303
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Decatur, GA.

Med. Sold Price

$335.1K

Med. Price/SqFt

$214

Avg. Days On Market

46

# of Sold Homes

210

2551 Panola Rd vs Decatur

69 DAYS ON ROCKET

+23 Days

$579,900

+$244.7K More

KEY TAKEAWAY

This property is $244.7K more than the Median Sold Price in Decatur, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7452503

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (404) 876-4901
  • Listing Agent: Roshonda Dennis

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,303$120,000
2018$4,250$120,000
2017$4,250$138,160

History based on county public records data.

Payment Calculator

$2,962

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,805

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-547568
3
/10
  • Fairington Elementary School

  • 5505 Philip Bradley Dr

  • 1.05 miles

  • Public District Grades PK-5

school-card-donut-547569
3
/10
  • Panola Way Elementary School

  • 2170 Panola Way Ct

  • 1.27 miles

  • Public District Grades PK-5

school-card-donut-547570
5
/10
  • Marbut Elementary School

  • 5776 Marbut Rd

  • 1.65 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,382. Residents of Decatur, GA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2551 Panola Rd

What is the listing price of this property?

The listing price of 2551 Panola Rd property is $579,900.

What type of property is this?

The property 2551 Panola Rd is land located in Decatur, Georgia, 30035.

Is this property for sale now?

Active Listing: 2551 Panola Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,303 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2551 Panola Rd is 1.97 acres.
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Rocket HomesGeorgiaDeKalb CountyDecatur300352551 Panola Rd

This home is located at 2551 Panola Rd in Decatur, GA and zip code 30035. This home sits on a 1.97 acre lot. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $579,900.

In October 2024 more than 42 listings in Decatur, GA were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 108 were sold below. The number of homes for sale in Decatur, GA increased by 14.5% between September 2024 and October 2024. Listings spent 46 days on the market in October 2024, and had a median list price of $335,183 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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