5474 Panola Downs Rd

Lithonia, GA 30058

$205,000
Price
3
Beds
1,148 Sq. Ft.
$179 / Sq. Ft.
1,148
Sq. Ft.
$179
per Sq. Ft.
a front view of a house with a yard and garage
a front view of a house with garden
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an empty room with wooden floor fireplace and windows
a view of empty room with wooden floor and fan
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an empty room with wooden floor chandelier fan and windows
a kitchen with a stove a sink and a refrigerator
a kitchen with granite countertop white cabinets and appliances
a kitchen with granite countertop white cabinets and stainless steel appliances
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a view of an empty room with wooden floor
an empty room with wooden floor chandelier fan and windows
wooden floor in an empty room
a bathroom with a sink and a mirror
a white toilet sitting next to a bath tub
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an empty room with wooden floor and windows
a bathroom with a toilet sink and shower
an empty room with wooden floor and windows
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Description

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...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.
  1. Listed by Joshua Keen • Keller Williams Realty Metro Atlanta • 404-564-5560

Property Details for 5474 Panola Downs Road

Subdivision Complex
Panola Downs
Architectural Style
Bungalow
Exterior
Rain Gutters
Num Of Garage Spaces
1
Num Of Parking Spaces
1
Parking Features
Garage, Garage Faces Front
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 11/29/2025 08:00 AM

Property Details for 5474 Panola Downs Road

StatusActive
MLS #7686112
Days on Market33
Taxes$4,215 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1987
Lot Size0.15 AC / 6,534 SF
CountyDeKalb County

Location

Listing Courtesy of Keller Williams Realty Metro Atlanta, Joshua Keen
Add your commute

Building Information for 5474 Panola Downs Road

Stories1Year Built1987Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$1,364 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,013

Property Taxes

$351

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5474 Panola Downs Road

Summary
Location and General Information
  • Lake Name: None
  • View: Neighborhood
  • Coordinates: -84.165621, 33.730818
Taxes and HOA Information
  • Parcel Number: 16 038 08 005
  • Tax Year: 2025
  • Master Association Fee: $.00
  • HOA Rent Restrictions: No
  • Association: No
  • Tax Legal Description: See attached legal description
School Information
  • Elementary School: Panola Way
  • High School: Lithonia
  • Middle School: Miller Grove
Interior and Exterior Features
Interior Features
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Appliances: Dishwasher, Gas Range, Range Hood
  • Basement: None
  • Fireplace Features: Living Room
  • # of Fireplaces: 1
  • Flooring: Luxury Vinyl, Tile
  • Interior Features: Vaulted Ceiling(s)
  • Levels/Stories: One
  • Other Equipment: None
  • Window Features: None
  • Bedroom Features: Master on Main
  • Diningroom Features: Open Concept
  • Kitchen Features: Cabinets White, Solid Surface Counters, Eat-in Kitchen, View to Family Room
  • Master Bathroom Features: Tub/Shower Combo
  • Foundation: None
  • Main Bedrooms: 3
  • Total Half Baths: 0
  • Bathrooms Total Interger: 2
  • Main Full Baths: 2
  • Additional Rooms: Other
  • Bathrooms Total Decimal: 2.00
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Wood Siding
  • Fencing: None
  • Horse Amenities: None
  • Patio And Porch Features: Front Porch
  • Pool Features: None
  • Road Surface Type: Asphalt
  • Roof Type: Composition
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Laundry Features: Laundry Room, Main Level
  • Pool Private: No
  • Road Frontage Type: City Street
  • Other Structures: None
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
  • Water Source: Public
  • Electric: 110 Volts
Property and Assessments
  • Home Warranty: No
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Above Grade Finished Area: 1148.0
  • Below Grade Finished Area: 0.0
  • SqFt Source: Public Records
  • Square Footage: 1148.0
  • Common Walls: No Common Walls
  • Lot Features: Back Yard, Front Yard, Level
  • Acreage Source: Public Records
  • Lot Size Dimensions: 83x77x60x135
Rental
Rent Information
  • Land Lease: No
  • Occupant Types: Vacant

Property History for 5474 Panola Downs Road

DateEvent & SourcePriceAppreciation
May 24, 2013

Sold (Public Record)

Public Record #354197608

$63,000—
DateEvent & SourcePrice
05/24/2013

Sold (Public Record)

Public Record #354197608

$63,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5474 Panola Downs Road

Taxable ValueLand$16,370Additions$69,790Total$86,160
Tax Record2025$4,215 ($351 / month)
Home Facts
Beds5Baths3Total Finished SqFt1,148 SqFtAbove Grade Finished SqFt1,148 SqFtStories1Lot Size6,534 SqFtStyleSingle Family ResidenceYear Built1987ZoningRA5CountyDEKALBAPN16 038 08 005Fireplace TypeHas Fireplace

Schools near 5474 Panola Downs Road

This home is within Dekalb County School District.
Rating
School
Type
Grades
Distance
Panola Way Elementary School
Public - PK to 5
Miller Grove Middle School
Public - 6 to 8
Miller Grove High School
Public - 9 to 12
Marbut Elementary School
Public - PK to 5
Rating
School
Distance
Panola Way Elementary School
PublicPK to 5

Miller Grove Middle School
Public6 to 8

Miller Grove High School
Public9 to 12

Marbut Elementary School
PublicPK to 5

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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More information about 5474 Panola Downs Road, Lithonia, GA 30058

5474 Panola Downs Road is a single family home for sale in Lithonia, GA 30058. This property was listed for sale on November 28, 2025 by Keller Williams Realty Metro Atlanta, it's currently listed at $205,000. It has been on the market for a total of 33 days and was last sold on May 24, 2013. This listing's school district is Dekalb County School District. Nearby schools include Panola Way Elementary School, Miller Grove Middle School and Miller Grove High School. 5474 Panola Downs Road is a 3-bed, 2-bath, 1,148 sqft single family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Metro Atlanta, Joshua Keen

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.