$35,000
SOLD JUN 25, 2025

240 Preston Ln SW Atlanta, GA 30315

Browns Mill Park Neighborhood
0.24 Acre
$145,833 Price per Acre
10,454 Sq Ft Lot

Recently Sold

30% Below List Price

53 Days on Market

Highlights

  • Property is near public transit
  • Home fronts a stream
  • Grass Covered Lot
  • Partially Wooded Lot

About This Lot

As of June 2025

What a great opportunity to build your dream home in the vibrant Preston Hills subdivision! Homes in this beautiful neighborhood are selling in the $400K's. Great location - near the Westside Beltline, Hartsfield-Jackson Airport, Tyler Perry Studios, Lakewood Amphitheatre, EUE/Screen Gems Studios, downtown ATL, shopping, dining, and highways. Drive by today to discover the possibilities. Note: Lot 17 (234 Preston Lane) is also for sale - FMLS#7528254.

Last Agent to Sell the Property

Patrick Walters

Keller Williams Realty License #322282 Listed on: 02/20/2025

Keller Williams Realty

Last Buyer's Agent

Austin Fleury

Fleur De Lee Realty License #419090

Property Details

Property Type

  • Land

Lot Details

  • 10,454 Sq Ft Lot
  • Home fronts a stream
  • Steep Slope
  • Partially Wooded Lot
  • Grass Covered Lot

HOA Fees

  • $100 Monthly HOA Fees

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Cleveland Elementary School
  • Long Middle School
  • South Atlanta High School

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Preston Hills Subdivision

Listing and Financial Details

  • Tax Lot 18

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Land
  • District: 14TH
  • Financing Type: Cash
  • Lot Size Acres: .24
  • Other Sturctures: None
  • Property Sub-Type: Residential Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Land Use Restrictions: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Steep Slope
  • Waterfront Features: No Dock Or Boathouse

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 1200
  • Association: Yes
  • Community Features: Street Lights, Walk To Public Transit, Walk To Schools, Walk To Shopping

Schools

  • Elementary School: Cleveland
  • High School: South Atlanta
  • Middle School: Long
  • Elementary School: Cleveland
  • Middle School: Long
  • High School: South Atlanta

Lot Info

  • Land Lot: 69
  • Lot: 18
  • Total Lots: 1
  • Plat Book: 286
  • Plat Page: 9-11
  • CurrentUse: Other

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1952

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Jun 25, 2025
Sold by
Ncrc Preston Hills Llc
Bought by
J & R Reit Llc
Seller's Agent
Patrick Walters
Keller Williams Realty
Buyer's Agent
Austin Fleury
Fleur De Lee Realty
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
531.56%
Original Mortgage
$294,000
Outstanding Balance
$293,752
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$241,252

Purchase Details

Closed on
Nov 8, 2019
Sold by
Weg Realty Llc
Bought by
Ncrc Preston Hills Llc

Purchase Details

Closed on
Aug 28, 2014
Sold by
Decatur Properties Inc
Bought by
Weg Realty Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $35,000 --
Warranty Deed $15,000 --
Limited Warranty Deed $99,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Sold $35,000 -30.0% --
05/23/2025 05/23/25 For Sale $50,000 +42.9% --
05/18/2025 05/18/25 Off Market $35,000 -- --
04/14/2025 04/14/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $50,000 -- --
Source: Georgia MLS

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
2025 $1,521 $47,680 $47,680 --
2023 $1,521 $47,680 $47,680 $0
2022 $426 $10,520 $10,520 $0
2021 $949 $10,240 $10,240 $0
2020 $380 $9,280 $9,280 $0
2019 $422 $8,840 $8,840 $0
2018 $358 $8,640 $8,640 $0
2017 $237 $5,480 $5,480 $0
2016 $237 $5,480 $5,480 $0
2015 $316 $5,480 $5,480 $0
2014 $211 $5,480 $5,480 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Walters

    Seller's Agent in 2025

    Patrick Walters

    Keller Williams Realty

    (678) 939-1941

    2 in this area

    61 Total Sales

    Patrick Walters
    Section Image
  • Austin Fleury

    Buyer's Agent in 2025

    Austin Fleury

    Fleur De Lee Realty

    (504) 908-1077

    2 in this area

    25 Total Sales

    Austin Fleury
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10463566

Georgia MLS

APN: 14-0069-LL-087-7

Georgia Fulton County Atlanta 30315 Browns Mill Park

240 Preston Ln SW, Atlanta, GA

This home is located at 240 Preston Ln SW, Atlanta, GA 30315 and is currently priced at $35,000. 240 Preston Ln SW is a home located in Fulton County with nearby schools including Cleveland Elementary School, Long Middle School, and South Atlanta High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

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