Active Price cut: $1,000 (1/23)
$1,249,000
3 beds · 6 baths
3852 Panola Road, Lithonia, GA 30038
Overpriced
Priced about $674,000 (117%) above comparable homes. Estimated market value $575,000, based on 6 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
14.7 ACRES | TINY / MICRO-HOME DEVELOPMENT OPPORTUNITY
Lithonia, Georgia
PROPERTY OVERVIEW
• Total Size: ±14.7 Acres
• Location: Lithonia, GA
• Distance to Downtown Atlanta: ~14 miles / 20 minutes
DEVELOPMENT POTENTIAL
• City support for rezoning to Tiny / Micro-Homes
• Density potential: Up to 15 units per acre (subject to approvals)
• Suitable for…
No HOA
Listing remarks courtesy of Nathan's Realty.
· FMLS #7706979404-822-9510
$8,540/mo est.
with $124,900 down · $1,249,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
Make an offer
Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
In-person tour
As soon as today with a Veribas agent
Video walkthrough
Live from the home, on your schedule
Home details
3
Beds
6
Baths
1945
Built
15 ac
Lot
None
HOA
Jan 20, 2026
Listed
Veribas Valuation
Veribas Verified · from nearby MLS sales
$575,000range $541,000 – $610,000
Based on 6 sold homes within a mile (6 in the last 12 months), checked against 8 active/pending listings, adjusted for condition · asking 117% above this value
Automated estimate from nearby MLS sales — not an appraisal.
Offer insights
Choose an offer strength
List price: $1,249,000
$1,236K–$1,246K
70% to 90% chance of a winning offerJust under asking — competitive when the home is fresh.
246 days on market — sitting listings negotiate. A moderate offer here does more than these odds suggest.
Veribas Valuation: $575,000 — asking sits above our value; a moderate offer is defensible with comps.
Balanced-market odds from list price and typical winning offers — your agent tunes this to the street. Ask a Veribas agent before you commit a number.
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,825/morange $1,700 – $1,9501.8% gross yield
Based on 6 similar rentals within 2 mi (2 recently leased).
3 bd · 2 ba · 1,706 sqft · 0.3 mi away$1,800/mo3 bd · 3 ba · 1,923 sqft · 0.5 mi away · leased$1,800/mo3 bd · 3 ba · 1,944 sqft · 1.4 mi away$1,800/mo3 bd · 2 ba · 1,621 sqft · 1.6 mi away$1,710/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$8,904/mo
Principal & interest$7,291
Property taxes$1,249
Home insurance$364
Down payment$124,900 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Assumable loan?
If the seller has an FHA, VA or USDA mortgage, you may be able to take it over and keep their rate, often far below today’s. This listing doesn’t say. Ask, and a Veribas agent will check the seller’s loan and tell you the rate, the balance and what you’d need down.
Down payment assistance
Middle-income census tract 13089023432 · DeKalb County · FFIEC 2026
Georgia Dream down payment assistance
Up to $10,000 or 5% of the price · Deferred loan (0% — repaid on sale, refinance or payoff)
For down payment. First-time buyers only. 640+ credit score. Ends Dec 31, 2026.
The State of Georgia's program (Georgia DCA), offered through Southeast Mortgage. A 0% second mortgage with no monthly payment covers 5% of the price up to $10,000 (6% up to $12,500 for nurses, educators, public protectors and households with a disabled member); repaid when you sell, refinance or move out. First-time buyers (no home in 3 years; waived in targeted areas and for veterans), household income and price limits by county, 640+ credit, $1,000 of your own money, homebuyer education. Source: dca.georgia.gov and southeastmortgage.com/uga (checked 2026-09-24).
Chenoa Fund down payment assistance
5% of the price · Forgivable loan (forgiven after a set time in the home)
For down payment. 600+ credit score. Ends Dec 31, 2026.
Value & price history
Estimated valueListed for salePrice cut
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No surprises at closing
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Schools
Dekalb - OtherElementary
SalemMiddle
Dekalb - OtherHigh
Location
37 for sale 7 pending 12 sold
Listed by
Nathan's Realty
Source: FMLS · #7706979
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