$682,500
SOLD DEC 19, 2024

1493 Downing Ln Norcross, GA 30093

-- Bed
-- Bath
4,800 Sq Ft
0.74 Acres

Recently Sold

$142 Per Sq Ft

9% Below List Price

7 Days on Market

Highlights

  • View of Trees or Woods
  • 0.74 Acre Lot
  • Shutters
  • McClure Health Science High School Rated A-
  • Cul-De-Sac
  • Three Sided Brick Exterior Elevation

About This Home

As of December 2024

Investment Opportunity! All 4 units are vacant and in need of turnkey renovations. This is an estate trust sale, so no disclosures and sold "as is". Great floor plans that include large kitchens with laundry, fireplace in living rooms, mostly all wood trim and doors, 2 bedrooms each with own full bath, walk-in closets and half bath on lower level. Easily rented once readied for market. Sepearately metered utilities. Sales Broker also offers full management if interested.

Last Agent to Sell the Property

Mark Bullock

Carter Mark Realty Group, LLC License #178396 Listed on: 11/19/2024

Co-Listed By

Lance Carter

Carter Mark Realty Group, LLC License #283100

Last Buyer's Agent

Enamul Haque

Maxima Realty LLC License #260541

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,911

Year Built

  • Built in 1984

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 145x37x263x78x266
  • Cul-De-Sac
  • Level Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Shutters
  • Views of Woods

Parking

  • 8 Parking Spaces
  • Parking Lot

Location

  • Property is near schools
  • Property is near shops

Schools

  • Graves Elementary School
  • Radloff Middle School
  • Meadowcreek High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units
  • Downing Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / A
  • Assessor Parcel Number R6192 230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,911

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1984
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Shutters

Exterior Features

  • Construction Materials: Brick, Brick 3 Sides
  • Roof Type: Composition
  • View: Trees/Woods
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping
  • Subdivision Complex: Downing Place

Schools

  • Elementary School: Graves
  • Middle School: Radloff
  • High School: Meadowcreek

Lot Info

  • Acres: 0.7400
  • Lot: 4
  • Deed Book: 4115
  • Deed Page: 151
  • Lot Features: Cul-De-Sac, Level
  • Lot Dimensions: 145x37x263x78x266
  • Parcel Number: R6192 230
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 4

Tax Info

  • Taxes: 8911.00
  • Assessor Parcel Number: R6192-230
  • Close Date: 2024-12-19
  • Tax Year: 2023

MLS Schools

  • Elementary School: Graves
  • High School: Meadowcreek
  • Middle School: Radloff

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Dec 19, 2024
Sold by
Nichols Charles R
Bought by
Akthar Shimul and Nabi Syed Quazi
Seller's Agent
Mark Bullock
Carter Mark Realty Group, LLC
Buyer's Agent
Enamul Haque
Maxima Realty LLC
List Price
$750,000
Sold Price
$682,500
Premium/Discount to List
-$67,500
-9%
Views
16
Current Estimated Value
$704,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,166
Avg. Annual Appreciation
4.08%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $682,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2024 12/19/24 Sold $682,500 -9.0% $142 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $750,000 -- $156 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,858 $270,000 $129,280 $140,720
2023 $10,858 $216,000 $64,640 $151,360
2022 $7,889 $191,200 $66,800 $124,400
2021 $7,133 $168,400 $46,240 $122,160
2020 $7,164 $168,400 $46,240 $122,160
2019 $4,839 $108,800 $28,000 $80,800
2018 $4,810 $108,800 $28,000 $80,800
2016 $4,298 $92,000 $28,000 $64,000
2015 $4,345 $92,000 $28,000 $64,000
2014 $4,363 $92,000 $28,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7488068

First Multiple Listing Service (FMLS)

APN: 6-192-230