2 months on rocket

3961 Panola Rd, Lithonia, GA, 30038

$500,000

26.00 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #10360982
Lot Size26.00 Acres
StatusActive

About 3961 Panola Rd

This remarkable 26 (+/-) acre property offers a wealth of opportunities, combining natural beauty, convenience, and utility access. Currently featuring gentle slopes and lush wooded areas, the land holds a rich history as a former farm and timber harvest site from the mid-1900s. This versatile property offers the following benefits: PRIME LOCATION Proximity to amenities and attractions: Only 2 miles from Browns Mill Park and Aquatic Center, this land ensures recreational and family-friendly activities are close by. Convenient access to major areas: Less than 20 miles to downtown Atlanta, just 3 miles to I-20, and within a short drive to notable attractions such as Arabia Mountain (6 miles), Stonecrest Mall (8 miles), and Stone Mountain (15 miles). Access to the world's busiest airport: Hartsfield-Jackson Atlanta International Airport is only 23 miles away, making travel seamless. Infrastructure Ready Utilities available: The property is equipped with electric, water, cable, and natural gas accessibility, reducing the costs and efforts required to set up essentials. Sewer connection opportunity: While a sewer connection easement will need to be obtained, its proximity to the community at the back of the parcel adds a manageable step toward full service. DEVELOPMENT POTENTIAL Ideal for subdivision: The land's size, location, and access to utilities create an excellent opportunity for developing a small subdivision, perfect for builders or investors looking to capitalize on the growing demand for housing in the Atlanta area. Opportunity for a private estate: If you dream of a serene, spacious, and secluded home surrounded by nature, this land offers the chance to create the ultimate private estate with room for gardens, trails, or even farming. Natural Beauty and Historical Significance Rich, versatile landscape: With its gentle slopes and heavily wooded areas, the land offers a picturesque setting that can be preserved, enhanced, or cultivated to fit various purposes. Historical value: Once a farm and timber harvest site, this property carries a unique connection to the area's agricultural past, offering potential for restoration or conservation projects. This property combines the tranquility of nature with the convenience of urban access and the potential for either residential development or a custom private retreat. Whether you're a developer, investor, or someone looking for a unique piece of land to call your own, this opportunity is too good to miss!

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty
  • Listing Agent: Matt R. Brown

Lot Features

Lot Information:

  • Lot: Private
  • Lot Size: 26.00 Acres

Other

Directions Information:

  • Directions: I-20 East from Atlanta to Wesley Chapel Road exit, turn right and then left at 1st light - onto Snapfinger Road. Continue until Hwy 212 and turn left, pass Browns Mill Aquatic Center. Turn Right on Panola Road and parcel will be on the right about 1/3 mile down.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

Tax Information:

  • Annual Amount: $3,028
  • Tax Year: 2020
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Housing Market Comparison

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

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Lithonia, GA

City

Med. Sold Price

$269.9K

Med. Price/SqFt

$141

Avg. Days On Market

60

# of Sold Homes

100

3961 Panola Rd vs Lithonia

87 DAYS ON ROCKET

+27 Days

$500,000

+$230K More

KEY TAKEAWAY

This property is $230K more than the Median Sold Price in Lithonia, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10360982

Listing Office:

  • Office Name: Keller Williams Realty
  • Listing Agent: Matt R. Brown

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 1:20:51 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$3,028$68,520
2018$3,021$68,520
2017$3,021$68,520

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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NMLS#3030

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-312103
4
/10

  • Browns Mill Elementary School

  • 4863 Browns Mill Rd

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-312104
3
/10

  • Flat Rock Elementary School

  • 4603 Evans Mill Rd

  • 1.41 miles

  • Public District Grades PK-5

school-card-donut-312105
7
/10

  • Edward L. Bouie- Sr. Elementary School

  • 5100 Rock Springs Rd

  • 1.43 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,009. The majority of Lithonia, GA residents have income between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3961 Panola Rd

What is the listing price of this property?

The listing price of 3961 Panola Rd property is $500,000.

What type of property is this?

The property 3961 Panola Rd is land located in Lithonia, Georgia, 30038.

Is this property for sale now?

Active Listing: 3961 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 $3,028 (source: MLS/based on county public records data).

How much acreage is this property?

The property 3961 Panola Rd is 26.00 acres.
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Rocket Homes›Georgia›DeKalb County›Lithonia›30038›3961 Panola Rd

This home is located at 3961 Panola Rd in Lithonia, GA and zip code 30038. This home sits on a 26.00 acre lot. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $500,000.

In October 2024 more than 33 listings in Lithonia, GA were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 40 were sold below. The number of listings in Lithonia, GA increased by 11.5% between September 2024 and October 2024. In October 2024 median list price was $269,994 and the average listing age was 60 days.

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

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