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1493 Downing Ln, Norcross, GA, 30093

$750,000

Home List Price

$8,906*

Closing Credit

0 Baths
Multi

Location

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1493 Downing Ln, Norcross$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingParking Lot
Year Built1984
HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
WaterfrontNone
ViewTrees/Woods
MLS #7488068
Lot Size0.74 Acres
StatusActive

About 1493 Downing Ln

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.

Property Details

Property Features

Property Information:

  • Year Built: 1984

Listing Office:

  • Office Name: Carter Mark Realty Group, LLC
  • Office Phone: (770) 318-0478
  • Listing Agent: Mark Bullock

Interior Features

Interior Information:

  • Flooring Type: Other

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Trees/Woods

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Level
  • Lot Size: 0.74 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000

Tax Information:

  • Annual Amount: $7,164
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norcross, GA.

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Norcross, GA

City

Med. Sold Price

$344.6K

Med. Price/SqFt

$199

Avg. Days On Market

25

# of Sold Homes

36

1493 Downing Ln vs Norcross

1 DAY ON ROCKET

-24 Days

$750,000

+$405.3K More

KEY TAKEAWAY

This property is $405.3K more than the Median Sold Price in Norcross, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7488068

Listing Office:

  • Office Name: Carter Mark Realty Group, LLC
  • Office Phone: (770) 318-0478
  • Listing Agent: Mark Bullock

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:46 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,164$168,400
2019$4,838$108,800
2018$4,337$108,800
2017$4,298$130,600

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-166517
3
/10

  • Graves Elementary School

  • 1700 Graves Rd

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-166518
3
/10

  • Pleasantdale Elementary School

  • 3680 Pleasantdale Rd

  • 1.04 miles

  • Public District Grades PK-5

school-card-donut-166519
3
/10

  • Rockbridge Elementary School

  • 6066 Rockbridge School Rd

  • 1.34 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,032. Typical income of Norcross, GA residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Gwinnett County›Norcross›30093›1493 Downing Ln

This home is located at 1493 Downing Ln in Norcross, GA and zip code 30093 in the Downing Place neighborhood. This home, which was built in 1984, sits on a 0.74 acre lot. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $750,000.

While more than 7 listings in Norcross, GA in October 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 19 were sold below. In October 2024 in Norcross, GA there were 17.9% more homes for sale than in September 2024. Listings spent 25 days on the market in October 2024, and had a median list price of $344,625 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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