tomo logo

$200,000

Beds
4
Baths
2.0
sq ft
Unknown

5548 Downs Ct, Lithonia, GA 30058

5548 Downs Ct

Lithonia, GA 30058

  • 64 days on market
    • Price drop $9,000↓
Calling all savvy homebuyers and investors—here’s your next renovation project! This 4-bedroom, 1 full bath, and 2 half bath home in Lithonia is ready for a creative touch. Some areas have been taken down to the studs, offering a blank canvas to bring your vision to life. The unique split-foyer layout provides endless potential, with a bright living area, kitchen, and bedrooms on the upper level. The lower level offers additional space that can be transformed into a recreation room, home office, or added storage. Situated in a quiet cul-de-sac, this property is convenient to schools, shopping, dining, and major highways. Whether you're looking to create a dream home or maximize investment potential, this property is bursting with opportunity. Don't miss your chance—schedule a showing today and unleash its possibilities!

Details

Property type

Single Family Residence

Est. home value

$257,086

Lot size

0.24 acres

Price per sq ft

Unknown

Year built

1990

Annual property taxes

$4,646

HOA

No

Price History

02/22/2025
FMLS

FMLS #7499471

Price change
$200,000
-4.31%
01/31/2025
FMLS

FMLS #7499471

Price change
$209,000
-5%
12/18/2024
FMLS

FMLS #7499471

Listed
$220,000
-4.26%

Schools & Community

Elementary school: 

Panola Way

Middle school: 

Miller Grove

High school: 

Miller Grove

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wells Fargo Home Mortgage Inc

Loan start date

March 2002

Original loan amount

$101,500

Est. remaining balance

Not provided

Interest rate

6.83%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Linford R & Marlene M Grant

Lender

Associated & Fedl Employees Cu

Loan start date

August 1999

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

7.28%

Loan type

Stand Alone Refi (Refinance of Original Loan), 15 year

Seller

Linford R & Marlene M Grant

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 5:35 PM

Listing updated: 02/22/2025 at 2:18 AM

Listed by: April Rainey, Mainstay Brokerage LLC Phone #: (800) 583-2914

MLS: FMLS #7499471

FMLS logo

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