3989 Panola Rd

Lithonia, GA 30038

$800,000
Last Sold Price
2,265,120 / 52
Lot Size / Acres
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Sold 5/10/23
Sold 5/10/23
a view of a city

Description

Perfect property for a beautiful new subdivision with 1,038 feet (+/-) of Panola Road frontage! This is 2 parcels being sold together totaling 52.0 (+/-) acres for less than $20k per acre! This property has beautiful hardwood trees and gently rolling topography without any flood zones. Acreage sourced from the tax records - Tax ID 16-019-01-015 is 22.90 acres (3989 Panola) while Tax ID 01-019-01-003 is 29.10 acres (4001 Panola). These parcels are side by side and have been family owned since the...Perfect property for a beautiful new subdivision with 1,038 feet (+/-) of Panola Road frontage! This is 2 parcels being sold together totaling 52.0 (+/-) acres for less than $20k per acre! This property has beautiful hardwood trees and gently rolling topography without any flood zones. Acreage sourced from the tax records - Tax ID 16-019-01-015 is 22.90 acres (3989 Panola) while Tax ID 01-019-01-003 is 29.10 acres (4001 Panola). These parcels are side by side and have been family owned since the 1940's. Land was once farmed and harvested for timber. Currently vacant with hints of it's past still visible....an old barn and a small concert block work shop remain on site. There are no homes on the property. This land backs up to a community with sewer which can be accessed easily by obtaining an easement. Convenient to Browns Mill Park and Aquatic Center (2 miles), I-20 access (3 miles), Arabia Mountain (6 miles), Stonecrest Mall (8 miles), Stone Mountain (15 miles), Hartsfield-Jackson (23 miles), downtown ATL (less than 20 miles). This property will impress you and you'll be hard pressed to find a better property in the area for your next subdivision.
  1. Listed by Matt Brown • Keller Williams Realty • 7706526528

Property Details for 3989 Panola Road

Subdivision
None
LISTING CLOSED: 05/10/2023 04:00 AM

Property Details for 3989 Panola Road

StatusSold
MLS #10142181
Days on Market13
Taxes$2,830 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size52.00 AC
CountyDeKalb County
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Location

Listing Courtesy of Keller Williams Realty, Matt Brown

Sold By Non-Mls Company, Non Mls Salesperson

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Building Information for 3989 Panola Road

Lot Size52.00 AC

Payment Calculator

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$4,302 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,066

Property Taxes

$236

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3989 Panola Road

Summary
Location and General Information
  • District: 16
  • Elementary School: Flat Rock
  • ES Bus: No
  • High School: Martin Luther King Jr
  • High School Bus: No
  • Middle School: Salem
  • Middle School Bus: No
  • Amenities: None
  • Directions: I-20 East from ATL to Panola Road exit, turn right, continue approximately 3 miles. Property will be on the right. No address posted but brokerage sign will be your destination point.
  • Lot Description: None
Taxes and HOA
  • Association: No
  • Parcel Number: 16 019 01 015 AND 16 019 01 003
Property
Utilities
  • Water/Sewer: None, Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public
Property and Assessments
  • Tax Year: 2022
  • Other Sturctures: Barn(s), Outbuilding
Lot Information
  • Waterfront Footage: 0
  • Land Lot: 19
  • Waterfront Description: 0
  • Water Description: No Dock Or Boathouse
  • Road Frontage: 1038
  • Restrictions Apply: No
  • Road Frontage Type: County Road
  • Potential Use: Timber
  • Road Surface Type: Paved
Farm Information
  • Vegetation: Wooded

Public Records for 3989 Panola Road

Taxable ValueLand$63,640Additions-Total$63,640
Tax Record2025$2,838 ($237 / month)
Home Facts
Beds0Total Finished SqFt2,068 SqFtAbove Grade Finished SqFt2,068 SqFtStories2Lot Size997,088 SqFtStyleMiscellaneous Vacant LandZoningXCountyDEKALBAPN16 019 01 015

Schools near 3989 Panola Road

This home is within Dekalb County School District.
Rating
School
Type
Grades
Distance
Flat Rock Elementary School
Public - PK to 5
Salem Middle School
Public - 6 to 8
Martin Luther King- Jr. High School
Public - 9 to 12
East Dekalb Special Education Center
Public - PK to 12
Rating
School
Distance
Flat Rock Elementary School
PublicPK to 5

Salem Middle School
Public6 to 8

Martin Luther King- Jr. High School
Public9 to 12

East Dekalb Special Education Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty, Matt Brown

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.