NOT LISTED FOR SALE

1481 Stonewood Dr Norcross, GA 30093

Estimated Value: $334,000 - $421,000

4 Beds
2 Baths
1,772 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $210,000 $119 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,385/month

2 Days on Market

Highlights

  • Private Lot
  • 1-Story Property
  • Central Heating and Cooling System
  • McClure Health Science High School Rated A-
  • Four Sided Brick Exterior Elevation

About This Home

As of November 2020

Fantastic updated duplex with long term tenants. These units have had upgrades. Both unit's interior and exterior were painted in the last year. Large back yard and each unit has its own private driveway. Unit A - has granite in the kitchen, luxury vinyl planking flooring, and unit B has tile flooring, granite in the kitchen. Low maintenance and great tenants. They have current leases that do not expire until July/August of 2021 - great
location- minutes from I85 and I285. Excellent investment property with cash flow.

Last Listed By

Chad Schernikau

Keller Williams Realty Cityside License #281645 Listed on: 10/19/2020

Keller Williams Realty Cityside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,847

Year Built

  • Built in 1970

Lot Details

  • 0.53 Acre Lot
  • Private Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property

Schools

  • Meadowcreek Elementary School
  • Radloff Middle School
  • Meadowcreek High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Stonewood Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number R6189 042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,847

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1970
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Stonewood

Schools

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

Lot Info

  • Acres: 0.5300
  • Lot: 6
  • Land/Lot: 189
  • Deed Book: 56254
  • Deed Page: 887
  • Plat Book: V
  • Plat Page: 102
  • Lot Features: Level, Private
  • Lot Dimensions: x 115
  • Parcel Number: R6189 042
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

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

Tax Info

  • Taxes: 2847.00
  • Assessor Parcel Number: R6189-042
  • Close Date: 2020-11-18
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Nov 18, 2020
Sold by
Labossiere Elaina
Bought by
Tran An Kim and Diep Tiffany Nhi
Seller's Agent
Chad Schernikau
Keller Williams Realty Cityside
Buyer's Agent
Khoa Do
International Real Estate Dream, LLC.
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%
Total Days on Market
2
Current Estimated Value
$362,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,604
Avg. Annual Appreciation
12.87%

Purchase Details

Closed on
Nov 12, 2018
Sold by
Labossiere Elaina
Bought by
Labossiere Elaina and Labossiere Garry

Purchase Details

Closed on
May 2, 2018
Sold by
Alcide Crescencia Peralta
Bought by
Labossiere Elaina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2005
Sold by
Gamoso Merlita
Bought by
Alcide Cresencia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,850
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Lee David W and Lee Esther
Bought by
Gamoso Merlita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2003
Sold by
Lee Young S
Bought by
Lee David W and Lee Esther

Purchase Details

Closed on
Jan 9, 2002
Sold by
Nasir April and Nasir Ziaullah
Bought by
Lee Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,350
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1999
Sold by
Cloyd-Lavender Ruth A
Bought by
Nasir April and Nasir Ziaullah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,501
Interest Rate
6.57%
Mortgage Type
New Conventional

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
Tran An Kim $210,000 --
Labossiere Elaina -- --
Labossiere Elaina $133,000 --
Alcide Cresencia P $166,500 --
Gamoso Merlita $163,000 --
Lee David W -- --
Lee Young $161,500 --
Nasir April $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labossiere Elaina $99,750
Previous Owner Alcide Cresencia P $149,850
Previous Owner Gamoso Merlita $146,700
Previous Owner Lee Young $145,350
Previous Owner Nasir April $103,501
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $210,000 -2.3% $119 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $215,000 -- $121 / Sq Ft
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 $4,260 $99,960 $16,000 $83,960
2022 $0 $99,960 $16,000 $83,960
2021 $3,554 $81,440 $16,000 $65,440
2020 $3,568 $81,440 $16,000 $65,440
2019 $2,459 $53,200 $16,000 $37,200
2018 $2,847 $64,680 $13,600 $51,080
2016 $2,451 $52,280 $11,200 $41,080
2015 $1,908 $36,360 $8,800 $27,560
2014 $1,915 $36,360 $8,800 $27,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6798583

First Multiple Listing Service (FMLS)

APN: 6-189-042