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  • $205,000

    5474 Panola Downs Rd, Lithonia, GA 30058

    3beds
    1,148sqft
    Single Family Residence, Residential
    Built in 1987
    6,534 Square Feet Lot
    $204,200 Zestimate®
    $179/sqft
    $1,621 Estimated rent

    Home value

    $204,200

    $192,000 - $216,000

    $1,621/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: February 05, 2026 at 10:51pm

    Listing Provided by:

    Joshua Keen,

    Keller Williams Realty Metro Atlanta 404-564-5560

    Bought with:

    Veronique Taylor, 327051

    Redfin Corporation

    Source: FMLS GA,MLS#: 7686112MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Features: Master on Main
    • Level: Master on Main
    Bedroom
    • Features: Master on Main
    Primary bathroom
    • Features: Tub/Shower Combo
    Dining room
    • Features: Open Concept
    Kitchen
    • Features: Cabinets White, Solid Surface Counters, Eat-in Kitchen, View to Family Room
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Gas Range, Range Hood
    • Laundry: Laundry Room, Main Level
    Features
    • Vaulted Ceiling(s)
    • Flooring: Luxury Vinyl, Tile
    • Windows: None
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    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, Garage Faces Front
    • Garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch
    • Exterior features: Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Neighborhood
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 6,534 sqft
    • Dimensions: 83x77x60x135
    • Features: Back Yard, Front Yard, Level
    Details
    • Additional structures: None
    • Parcel number: 16 038 08 005
    • Other equipment: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence, Residential
    Materials
    • Wood Siding
    • Foundation: None
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Electric: 110 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Near Schools, Near Public Transport, Near Shopping
    Location
    • Region: Lithonia
    • Subdivision: Panola Downs

    Other

    Other facts
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    1/30/2026Sold$205,000$179/sqft
    Source: FMLS GA #7686112 Report a problem
    1/7/2026Pending sale$205,000$179/sqft
    Source: GAMLS #10650327 Report a problem
    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

    Public tax history

    YearProperty taxesTax assessment
    2025$4,215 +0.1%$86,159
    2024$4,211 +1.3%$86,159 0%
    2023$4,158 +74.3%$86,160 +84.6%

    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: Lithonia

    Source: FMLS GA. 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$204,200
    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
    $204,200