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Active46 days listed

5535 Downs Way, Lithonia, GA 30058

  • 5bd
  • 3ba
  • 1,516SF
  • 0.15ac lot

Single-family homePanola Downs

List price

$202,900

$134/SF list

Ask about this home

FMLS IDXFMLS #7836406 · Listing Provided By Mainstay Brokerage LLC · 800-583-2914 · Listing agent Kerry Kretchmer

Location

5535 Downs Way, Lithonia GA 30058

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About this home

Welcome to this move-in ready five-bedroom, two-and-a-half-bath home offering a comfortable and functional layout with plenty of space for everyday living and entertaining. The inviting living area provides a great gathering space, while the kitchen features a practical layout for preparing meals and enjoying time with family and guests. The five bedrooms offer flexibility for sleeping quarters, guest space, a home office, or other personal needs. Outside, enjoy a fenced backyard and patio that provide additional space for relaxing or entertaining. Conveniently located near shopping, dining, parks, major roadways, and everyday amenities, this home is ready for its next owner to make it their own.

How this list price compares in Lithonia

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type
Single-family home
Status
Active
Bedrooms
5
Full baths
2
Half baths
1
Living area
1,516 SF
Lot size
0.15 acres
Year built
1989
Levels
Two
Main-level bedrooms
2
Parking
Attached, Driveway
Basement
Crawl Space
Style
Traditional
Construction
Vinyl Siding
Roof
Composition
Flooring
Carpet, Luxury Vinyl
Heating
Central, Natural Gas
Cooling
Central Air
Fireplaces
1
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Lot
Back Yard, Front Yard, Landscaped, Level
HOA
No
Annual tax
$4,032 (2025)
County
DeKalb

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $202,900 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$1,791/mo

Principal and interest
$1,254
Property tax
$336
Home insurance
$125
Mortgage insurance
$76
Loan amount
$182,610
Cash down
$20,290

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

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Questions about this home

How do I schedule a showing of this home?

Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.

How do I get more information about this listing?

Send your question through the form on this page. Listing details come from FMLS and are provided by Mainstay Brokerage LLC, so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.

How is the monthly payment estimate calculated?

It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.

Where can I see similar homes for sale in Lithonia?

See the similar homes section on this page, or browse all homes for sale in Lithonia, GA.

Beyond homes

Also exploring Georgia investment real estate?

Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.

Other property types for sale

Investor research and tools

Thinking about a rental or a building instead? Send Jeff a message.

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