Lithonia, GA 30058,5531 Panola PL
Listed by Barrington Ferguson • Atlanta Communities
Bought with Jason Moore • RE/MAX Legends

$55,000

$55,000

Est.Price: ?

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Est. payment /mo

6,098 Sqft Lot


SOLD DATE : 09/15/2023

Key Details

Sold Price $55,000

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Sold

Purchase Type For Sale

Subdivision Panola Downs

MLS Listing ID 20135623

Sold Date 09/15/23

HOA Y/N No

Annual Tax Amount $388

Tax Year 2022

Lot Size 6,098 Sqft

Property Description

Cleared, Flat, Ready to build Lot. Driveway is still there from previous home that was burnt down. Lot is sized for approximately a 1300 to 1400 SqFt home, similar to what was there previously. All homes in the neighborhood are on similar sized Lots. ALL UTILITIES AVAILABLE. Lot is located in subdivision with No HOA. Rental rate is approximately $1700/month to $1900/month (.14 ACRES - Dekalb County GIS Records) COMPARABLE: 1. Vacant Lot at 5571 Panola Pl. SOLD - $59k ; 2. 5541 Panola Pl. SOLD - $332K ; 3. 5506 Panola Downs Rd. SOLD - $247K ; 4. 2005 Marbut Forest Dr. SOLD - $245k ; NEW CONSTRUCTION HOME ARV: $250k to $300k

Location

State GA

County Dekalb

Exterior

Community Features None

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Building

Sewer Public Sewer

Schools

Elementary Schools Panola Way

Middle Schools Miller Grove

High Schools Miller Grove

Others

Financing Cash

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