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$259,000

Beds
3
Baths
2.0
sq ft
1,574

5570 Downs Way, Lithonia, GA 30058

5570 Downs Way

Lithonia, GA 30058

  • 2 days on market
Ask about the sellers down payment assistance programs and available lenders offering up to 100% financing with no PMI. Seller is also offering up to a $15,000 credit for Active Duty Military and honorably discharged Veterans! Up to 30K available for qualified buyers plus this property is GA Dream and Invest Atlanta friendly! Welcome to this inviting 2-story home, offering 3 bedrooms and 2 full baths with plenty of space and modern touches throughout. The spacious living room features a cozy gas fireplace and sliding glass doors that open to a deck and large, fully fenced backyard – perfect for outdoor entertaining and relaxation. The updated kitchen boasts white shaker cabinets, sleek quartz countertops, stainless steel appliances, and a cozy breakfast nook for casual dining. Upstairs, you'll find a vaulted master bedroom with an en-suite bath and a walk-in closet, providing a private retreat. Two additional bedrooms and a full bath complete the second floor, offering ample space for family or guests. With a NEW roof, a 1-car garage, and a large flat backyard, this home is move- in ready. Ideally located close to major highways, scenic trails, shopping, dining options, and the airport, this home combines convenience with comfort! Household income for all working household members not to exceed 120% AMI (Area Median Income). Reserved for Owner Occupant Buyers that are income eligible - Restrictions Apply!

Details

Property type

Single Family Residence

Est. home value

$272,263

Lot size

8,276 sq ft

Price per sq ft

$165

Year built

1989

Annual property taxes

$5,033

HOA

No

Price History

04/01/2025
FMLS

FMLS #7551863

Listed
$259,000
-3.72%
12/05/2024
FMLS

FMLS #7451408

Removed
$269,000
09/06/2024
FMLS

FMLS #7451408

Listed
$269,000
+12.13%

Schools & Community

Elementary school: 

Panola Way

Middle school: 

Salem

High school: 

Lithonia

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 Bank Na

Loan start date

April 2008

Original loan amount

$111,122

Est. remaining balance

Not provided

Interest rate

6.75%

Loan type

Stand Alone Second, 30 year

Seller

Serlinthia Banks

Lender

American Fidelity Inc

Loan start date

June 2005

Original loan amount

$111,122

Est. remaining balance

$60,350

Interest rate

5.8%

Loan type

VA, 30 year

Seller

Serlinthia Banks

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?

Status: Active

Tomo last checked: 04/02/2025 at 10:20 PM

Listing updated: 04/02/2025 at 8:11 AM

Listed by: Scott Berezo, Real Broker, LLC. Phone #: (855) 450-0442

MLS: FMLS #7551863

FMLS logo

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