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  • $205,000

    5474 Panola Downs Rd, Lithonia, GA 30058

    3beds
    1,148sqft
    : 
    Single Family Residence
    Built in 1987
    6,534 Square Feet Lot
    $204,400 Zestimate®
    $179/sqft
    $-- HOA

    What's special

    Clean contemporary color paletteThree bedrooms offer flexibilitySingle-level floor plan
    Why keep scrolling? This is the moment you pick up the phone and call your agent to arrange a tour. Priced at $205,000 to bring instant attention, this 3-bedroom, 2-bath ranch in Lithonia's established Panola Downs neighborhood offers that rare combination of move-in ready condition and genuine affordability that first-time buyers and investors alike have been searching for. The first takeaway upon crossing the threshold is the sense of space. The vaulted ceiling in the living room goes a long way toward achieving this, as does the unmistakable sense of flow that extends past the corner-set fireplace with its crisp white mantel, through the dining area, and into the kitchen beyond. Durable gray-toned laminate wood floors play nicely off a clean, contemporary color palette that serves as the backdrop for whatever the moving truck drops off. It's a clear canvas here. The kitchen received attention where it counts: white cabinetry provides plenty of storage, granite countertops offer durability and style, and stainless steel appliances including a gas range make meal prep a genuine pleasure rather than a chore. Easy-to-maintain tile flooring keeps things practical in the high-traffic cooking zone, and the open sightlines to the living and dining areas mean the cook never misses out on the conversation. Down the hall, three bedrooms offer flexibility for a growing family or for converting one into a dedicated home office. The primary suite enjoys its own ensuite bath for added privacy, while the two additional bedrooms share a second full bathroom. Plenty of closet space throughout keeps organization simple. Out back, mature trees frame the property, lending that slightly tucked-away feeling even though you're still conveniently close to everything. The yard has room enough for weekend activities or future plans, whether that's a garden, a deck, or simply letting the dog roam. And speaking of convenience: Panola Downs Road sits in that sweet spot where suburban tranquility meets easy access. Covington Highway and I-20 are just minutes away, making commutes into the city manageable. Nearby shopping at the Kroger center, Stonecrest MarketPlace, and all the daily errands are well within reach. Yet, pull into the driveway at the end of the day, and the quiet settles in. The single-level floor plan is worth mentioning twice. No stairs to navigate, everything on one level, with a one-car garage for secure parking and a bit of extra storage. It's the kind of practical, no-fuss layout that works whether you're just starting out or scaling down. 5474 Panola Downs is unique among its competitors. You will not find a better design for your long-term use at this price point in this part of the Metro. Offered as a no-questions, no-surprises move-in ready package deal, this is an exceptional value in an area that continues to appreciate over time. So, if you're a ready-to-act buyer, call your agent today for a private tour and submit your best offer because homes of this caliber at this price remain rare in this evolving market. Serious inquiries only.
    12 days
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    1,287
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    98
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    Zillow last checked: 8 hours ago

    Listing updated: December 01, 2025 at 12:58pm

    Listed by:

    Joshua Keen +14045385356,

    Keller Williams Realty

    Source: GAMLS,MLS#: 10650327MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Other
    Kitchen
    • Features: Solid Surface Counters, Breakfast Area
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Oven/Range (Combo), Stainless Steel Appliance(s)
    • Laundry: Laundry Closet
    Features
    • Vaulted Ceiling(s)
    • Flooring: Vinyl, Tile
    • Basement: None
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,148
    • Total interior livable area: 1,148 sqft
    • Finished area above ground: 1,148
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch
    Lot
    • Size: 6,534 Square Feet
    • Features: Level
    Details
    • Parcel number: 16 038 08 005
    • Special conditions: Investor Owned

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow/Cottage
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1987

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Walk To Schools, Near Public Transport
    • Security: Smoke Detector(s)
    • Subdivision: Panola Downs
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Lithonia

    Financial & listing details

    • Price per square foot: $179/sqft
    • Tax assessed value: $215,400
    • Annual tax amount: $4,215
    • Date on market: 11/28/2025
    • Cumulative days on market: 13 days
    • Listing agreement: Exclusive Right To Sell
    • Electric utility on property: Yes
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $204,400

    $194,000 - $215,000

    $1,541/mo

    Price history

    Price history
    DateEventPrice
    11/28/2025Listed for sale$205,000+60.1%$179/sqft
    Source: GAMLS #10650327 Report a problem
    10/16/2024Listing removed$1,525$1/sqft
    Source: GAMLS #20178006 Report a problem
    7/26/2024Listed for rent$1,525$1/sqft
    Source: GAMLS #20178006 Report a problem
    7/25/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/12/2024Price change$1,525-5.6%$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024-- $86,159 0%
    2023$4,158 +74.3%$86,160 +84.6%
    2022$2,386 0%$46,680

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,216/mo
    Principal & interest
    $985
    Property taxes
    $159
    Home insurance
    $72

      Climate risks

      Neighborhood: 30058

      Nearby schools

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

      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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