NOT LISTED FOR SALE

5278 Downs Way Norcross, GA 30093

Estimated Value: $309,000 - $335,954

3 Beds
2 Baths
1,204 Sq Ft
$266/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $281,000 $233 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,062/month

Highlights

  • Solid Surface Countertops
  • No HOA
  • Entrance Foyer
  • McClure Health Science High School Rated A-
  • Porch
  • 1-Story Property

About This Home

As of February 2022

Lovely 3 bedroom 2 bathroom ranch style home. This property has been freshly painted on the interior, new carpet and flooring and features new stainless steel dishwasher and range and beautiful quartz countertops in kitchen. VACANT and move in ready!

Last Agent to Sell the Property

Marty Walsh

Offerpad Brokerage License #385776 Listed on: 01/27/2022

Last Buyer's Agent

Roberta Wilber

Virtual Properties Realty.com License #177759

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 1981

Lot Details

  • 0.35 Acre Lot
  • Back Yard Fenced
  • Level Lot

Parking

  • Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Hopkins Elementary School
  • Lilburn Middle School
  • Meadowcreek High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Fawn Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,928

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • ArchitecturalStyle: Ranch
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: 0.35
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1204
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1204
  • Above Grade Finished Sq Ft: 1204
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Fireplace Features: Living Room
  • Flooring: Other
  • Kitchen Features: Pantry, Solid Surface Counters
  • Price Per Square Foot: 224.17

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other
  • Fencing: Fenced, Back Yard
  • Foundation Details: Slab
  • Lot Features: Level
  • Patio And Porch Features: Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Hopkins
  • High School: Meadowcreek
  • High School Bus: No
  • Middle School: Lilburn
  • Middle School Bus: No
  • Elementary School: Hopkins
  • Middle School: Lilburn
  • High School: Meadowcreek

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1928

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Feb 22, 2022
Sold by
Op Spe Tpa1 Llc
Bought by
Alvarez Carlos and Alvarez Erika
Seller's Agent
Marty Walsh
Offerpad Brokerage
Buyer's Agent
Roberta Wilber
Virtual Properties Realty.com
List Price
$269,900
Sold Price
$281,000
Premium/Discount to List
$11,100
4.11%
Current Estimated Value
$320,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,489
Avg. Annual Appreciation
2.93%

Purchase Details

Closed on
Nov 4, 2021
Sold by
Cone Jaime
Bought by
Op Spe Tpa1 Llc

Purchase Details

Closed on
Apr 17, 2008
Sold by
Cone Jaime E
Bought by
Cone Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1998
Sold by
Dutton Raymond O and Dutton Pamela T
Bought by
Cone Jaime E and Wiley Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,745
Interest Rate
6.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alvarez Carlos $281,000 --
Op Spe Tpa1 Llc $213,000 --
Cone Jaime -- --
Cone Jaime E $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cone Jaime $115,200
Previous Owner Cone Jaime $17,326
Previous Owner Cone Jamie $7,000
Previous Owner Cone Jaime E $92,745
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $281,000 +4.1% $233 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $269,900 -- $224 / Sq Ft
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
2023 $3,507 $94,440 $23,200 $71,240
2022 $3,251 $82,080 $14,400 $67,680
2021 $1,928 $59,920 $14,400 $45,520
2020 $1,940 $59,920 $14,400 $45,520
2019 $1,692 $50,440 $11,200 $39,240
2018 $1,688 $50,440 $11,200 $39,240
2016 $1,471 $39,440 $8,800 $30,640
2015 $1,215 $30,960 $6,400 $24,560
2014 $1,219 $30,960 $6,400 $24,560
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Marty Walsh

    Offerpad Brokerage

    Marty Walsh
    Section Image
  • Roberta Wilber

    Buyer's Agent in 2022

    Roberta Wilber

    Virtual Properties Realty.com

    (770) 596-7423

    3 in this area

    42 Total Sales

    Roberta Wilber
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10016241

Georgia MLS

APN: 6-187-423

Georgia Gwinnett County Norcross 30093

5278 Downs Way, Norcross, GA

This home is located at 5278 Downs Way, Norcross, GA 30093 since 27 January 2022 and is currently estimated at $320,489, approximately $266 per square foot. This property was built in 1981. 5278 Downs Way is a home located in Gwinnett County with nearby schools including Meadowcreek Elementary School, Louise Radloff Middle School, and Meadowcreek 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.

Nearby Homes