NOT LISTED FOR SALE

1248 Mcpherson Ln Norcross, GA 30093

Estimated Value: $402,489 - $465,000

6 Beds
4 Baths
-- Sq Ft
0.5 Acres

Last Sold December 28, 2018

Last sale price $240,500

Est. 78% increase in value since last sale

Current estimated payment $2,866/month

70 Days on Market

Highlights

  • Private Lot
  • 1-Story Property
  • Ceiling Fan
  • McClure Health Science High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of December 2018

Great Investment Opportunity in Norcross! Units A & B Have 3 Bedrooms & 2 Bathrooms Each! Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A.

Last Listed By

Robert Smith

EXP Realty, LLC. License #228899 Listed on: 09/20/2018

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,718

Year Built

  • Built in 1983

Lot Details

  • 0.5 Acre Lot
  • Private Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Schools

  • Lilburn Elementary And Middle School
  • Meadowcreek High School

Utilities

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

Community Details

  • 2 Units
  • Mcpherson Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number R6188 457

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,718

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1983
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Subdivision Complex: McPherson Estates

Schools

  • Elementary School: Lilburn
  • Middle School: Lilburn
  • High School: Meadowcreek

Lot Info

  • Acres: 0.5000
  • Deed Book: 47072
  • Deed Page: 778
  • Lot Features: Private
  • Lot Dimensions: .37
  • Parcel Number: R6188 457
  • Property Attached Yn: No

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 2718.00
  • Assessor Parcel Number: R6188-457
  • Close Date: 2018-12-28
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Lilburn
  • High School: Meadowcreek
  • Middle School: Lilburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Syed Saima
Bought by
4M Property Management Llc
Total Days on Market
70
Current Estimated Value
$427,372

Purchase Details

Closed on
Jun 25, 2020
Sold by
4M Property Management Llc
Bought by
Syed Saima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2019
Sold by
Syed Saima
Bought by
4M Property Management Llc

Purchase Details

Listed on
Sep 20, 2018
Closed on
Dec 28, 2018
Sold by
Us Bank Na Suc Trustee
Bought by
Syed Saima
Seller's Agent
Robert Smith
EXP Realty, LLC.
Buyer's Agent
Rehan Syed
HomeSmart
List Price
$195,520
Sold Price
$240,500
Premium/Discount to List
$44,980
23.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$153,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2018
Sold by
Hardeo Somdath
Bought by
Us Bank Na Trustee

Purchase Details

Closed on
Sep 25, 2006
Sold by
Reznichenko-Thomaselena
Bought by
Hardeo Somdath and Hardeo Khatoon

Purchase Details

Closed on
Aug 17, 2001
Sold by
Aldea Sorin and Aldea Daniela
Bought by
Thomas Elena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,209
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 1998
Sold by
Turbyfill Catherine C
Bought by
Aldea Sorin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,295
Interest Rate
6.89%
Mortgage Type
FHA

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 Buyer Sale Price Title Company
4M Property Management Llc -- --
Syed Saima -- --
4M Property Management Llc -- --
Syed Saima $240,500 --
Us Bank Na Trustee $161,500 --
Hardeo Somdath $220,000 --
Thomas Elena R $170,900 --
Aldea Sorin $106,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Syed Saima $156,000
Previous Owner Syed Saima $153,750
Previous Owner Hardeo Somdath $1,336,160
Previous Owner Hardeo Somdath $155,250
Previous Owner Thomas Elena R $168,209
Previous Owner Aldea Daniela $15,835
Previous Owner Aldea Sorin $104,295
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $240,500 +23.0% --
11/29/2018 11/29/18 Pending -- -- --
11/19/2018 11/19/18 For Sale $195,520 0.0% --
11/12/2018 11/12/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $195,520 0.0% --
10/22/2018 10/22/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $195,520 0.0% --
10/09/2018 10/09/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $195,520 -- --
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
2023 $5,948 $119,960 $16,000 $103,960
2022 $3,788 $90,000 $16,000 $74,000
2021 $3,818 $90,000 $16,000 $74,000
2020 $3,835 $95,120 $16,000 $79,120
2019 $3,690 $89,560 $16,000 $73,560
2018 $3,156 $74,600 $13,600 $61,000
2016 $2,694 $60,320 $11,200 $49,120
2015 $2,070 $41,880 $8,800 $33,080
2014 -- $41,880 $8,800 $33,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6074825

First Multiple Listing Service (FMLS)

APN: 6-188-457