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5541 Downs Way, Lithonia, GA, 30058

$297,000

Home List Price

$3,527*

Closing Credit

3 Bedrooms
2 Full Baths
1,824 SqFt
$163/SqFt
House

Location

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5541 Downs Way, Lithonia$297,000

Buyer Closing Credits

$3,527*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1989
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
BasementYes
WaterfrontNone
FireplaceGas Log, Gas Starter
ViewNeighborhood
MLS #7487330
Lot Size0.14 Acres
StatusActive

About 5541 Downs Way

Seller is providing $5,000 credits ON TOP of $13,500 from the seller’s preferred lender. Discover a fresh start in this remodeled home, boasting ALL NEW Kitchen w/ Quartz, Soft-Close Shaker Cabinets, HVAC-2024, Double-Pane Vinyl Windows-2024, Waterproof LVP Flooring (20mil layer, commercial grade), Gas Water Heater-2024, All Stainless-Steel Appliances. Great space and location for a growing family, roommate income, office use, and entertainment. Near schools, close to parks and shopping districts. Stone Mountain Park is nearby! Eligible for FHA or VA buyers! No HOA.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1989
  • Living Area: 1,824 SqFt

Listing Office:

  • Office Name: Ascend Realty Group, LLC
  • Office Phone: (770) 532-9557
  • Listing Agent: Cong Nguyen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Range Hood
  • Basement: Yes
  • Flooring Type: Luxury Vinyl
  • Interior: Walk-In Closet(s)
  • Fireplace: Gas Log, Gas Starter

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Neighborhood
  • Exterior: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Please use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $297,000
  • Price Per SqFt: $163/SqFt

Tax Information:

  • Annual Amount: $1,511
  • 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

5541 Downs Way vs Lithonia

1 DAY ON ROCKET

-59 Days

$297,000

+$27K More

$163/SqFt

+$21 More

KEY TAKEAWAY

This property is $27K more than the Median Sold Price and $21/SqFt more than other homes in Lithonia, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7487330

Listing Office:

  • Office Name: Ascend Realty Group, LLC
  • Office Phone: (770) 532-9557
  • Listing Agent: Cong Nguyen

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, 12:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 26, 2009Home Sold
$41,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,511$47,320
2018$1,067$36,400
2017$1,068$32,040

History based on county public records data.

Payment Calculator

$1,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$957

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-396156
3
/10

  • Panola Way Elementary School

  • 2170 Panola Way Ct

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-396157
5
/10

  • Marbut Elementary School

  • 5776 Marbut Rd

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-396158
4
/10

  • Redan Elementary School

  • 1914 Stone Mountain Lithonia Rd

  • 1.89 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 $47,097. Residents of Lithonia, GA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5541 Downs Way

What is the listing price of this property?

The listing price of 5541 Downs Way property is $297,000.

What type of property is this?

The property 5541 Downs Way is a house located in Lithonia, Georgia, 30058.

Is this property for sale now?

Active Listing: 5541 Downs Way 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 $1,511 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 26, 2009 for $41,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5541 Downs Way has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5541 Downs Way is 1,824 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5541 Downs Way is 1989.

Rocket Homes›Georgia›DeKalb County›Lithonia›30058›5541 Downs Way

This home is located at 5541 Downs Way in Lithonia, GA and zip code 30058. This 1,824 square foot home, which was built in 1989, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $297,000.

Over 33 listings were sold over their listed price in October 2024 in Lithonia, GA. In the same period over 40 listings were sold below the listed price and 22 listings were sold for the listed price. The inventory of homes for sale in Lithonia, GA between September 2024 and October 2024 increased by 11.5%. 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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