NOT LISTED FOR SALE

1493 Downing Ln Norcross, GA 30093

Norcross Area

Estimated Value: $711,066

Studio
-- Baths
4,800 Sq Ft
$148/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2024

Last sale price $682,500 $142 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,928 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,911

Year Built

  • Built in 1984

Lot Details

  • 32,234 Sq Ft 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 and 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

0.74 Acres

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

Lot Info

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

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 8911.00
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 4

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$711,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,566
Avg. Annual Appreciation
2.38%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Norcross, GA

  • June Hyde Real Estate Agent - Home Group Management LLC

    June Hyde

    Home Group Management LLC

    (470) 467-8074

    238 Total Sales

    2 in Norcross

    $355,000 Price Range

    June Hyde
     Section Image
  • Zena Gray Real Estate Agent - Maximum One Realtor Partners

    Zena Gray

    Maximum One Realtor Partners

    (833) 690-3313

    30 Total Sales

    2 in Norcross

    $290,000 Price Range

    Zena Gray
     Section Image
  • Phil Wages Real Estate Agent - BHHS Georgia Properties

    Phil Wages

    BHHS Georgia Properties

    (770) 802-2276

    72 Total Sales

    2 in Norcross

    $259,999 Price Range

    Phil Wages
     Section Image
  • Kesha Kennedy Real Estate Agent - Legacy South Real Estate Group

    Kesha Kennedy

    Legacy South Real Estate Group

    (470) 552-6936

    60 Total Sales

    2 in Norcross

    $329,000 Price Range

    Kesha Kennedy
     Section Image
  • Lucas Correa Real Estate Agent - MH Realty Group

    Lucas Correa

    MH Realty Group

    (706) 605-3572

    99 Total Sales

    5 in Norcross

    $307K - $435K Price Range

    Lucas Correa
     Section Image
  • Kyle Duncan Real Estate Agent - RE/MAX Pure

    Kyle Duncan

    RE/MAX Pure

    (678) 820-6597

    296 Total Sales

    2 in Norcross

    $260,000 Price Range

    Kyle Duncan
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$682,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,829 $300,960 $129,280 $171,680
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

  • MB

    Seller's Agent in 2024

    Mark Bullock

    Carter Mark Realty Group, LLC

    (770) 318-0478

    23 Total Sales

    Mark Bullock
    Section Image
  • Lance Carter Real Estate Agent - Carter Mark Realty Group, LLC

    Seller Co-Listing Agent in 2024

    Lance Carter

    Carter Mark Realty Group, LLC

    (770) 318-0478

    24 Total Sales

    Lance Carter
    Section Image
  • Enamul Haque Real Estate Agent - Maxima Realty LLC

    Buyer's Agent in 2024

    Enamul Haque

    Maxima Realty LLC

    (678) 805-8500

    131 Total Sales

    Enamul Haque
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7488068

First Multiple Listing Service (FMLS)

APN: 6-192-230

Georgia Gwinnett County Norcross 30093

1493 Downing Ln, Norcross, GA

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