Seller's Agent in 2024
HOSSANA Kebede
Coldwell Banker Realty
(404) 862-4573
2 in this area
85 Total Sales
1502 Harbins Rd Norcross, GA 30093
--
Bed
--
Bath
5,624
Sq Ft
0.48
Acres
Highlights
- Property is near public transit
- No HOA
- Central Heating and Cooling System
- McClure Health Science High School Rated A-
- Park
About This Home
As of September 2024Exceptional Investment Opportunity in Norcross - Rare Quadruplex! Discover an outstanding investment opportunity in the heart of Norcross! This well-maintained 4-unit property boasts a two-sided brick exterior, 8 off-street parking spaces, back patios for each unit, freshly painted exterior doors and windows, and a new roof with a 20-year warranty. All HVAC UNITS are well maintained and recently serviced. Each townhome-style residence offers 2 bedrooms and 2.5 bathrooms, located in a high-rental demand area promising long-term appreciation. The total monthly income is $5,490, with long-term tenants on yearly leases that include annual rent increases, making this property a solid investment. Each unit features washer and dryer hook-ups, upstairs, 2 roommate-style bedrooms with 2 bathrooms, a spacious living room with a fireplace, a dining room, a large kitchen overlooking the dining area, and a guest half bathroom on the lower level. The utilities are separately metered and there is no HOA......This property offers the flexibility to rent out all units or live in one while renting out the others, catering to savvy buyers or investors interested in expanding their portfolio. Don't miss out on this must-see Quadruplex!
Last Agent to Sell the Property
Coldwell Banker Realty License #387561 Listed on: 08/07/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,595
Year Built
- Built in 1983
Home Design
- Quadruplex
- Brick Exterior Construction
- Vinyl Siding
Parking
- 8 Parking Spaces
- Parking Pad
Location
- Property is near public transit
- Property is near schools
- Property is near shops
Schools
- Lilburn Elementary And Middle School
- Meadowcreek High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
Additional Features
- 2-Story Property
- 0.48 Acre Lot
Listing and Financial Details
- Tax Lot 197
Community Details
Overview
- No Home Owners Association
- 4 Units
- Harbins Square Subdivision
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2024
Closed on
Sep 23, 2024
Sold by
Best Buy Food Store Llc
Bought by
Wosen Asdegdig
Seller's Agent
HOSSANA Kebede
Coldwell Banker Realty
Buyer's Agent
Adonay Semere
Realty Professionals
List Price
$829,990
Sold Price
$815,000
Premium/Discount to List
-$14,990
-1.81%
Views
110
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Original Mortgage
$570,500
Outstanding Balance
$566,802
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$267,550
Purchase Details
Closed on
May 12, 2008
Sold by
Yohannes Saba
Bought by
Best Buy Food Store Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,600
Interest Rate
5.84%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 28, 2008
Sold by
Medford Douglas J
Bought by
Yohannes Saba
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,600
Interest Rate
5.84%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $815,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $298,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $570,500 | New Conventional | |
| Previous Owner | $208,600 | Commercial | |
| Previous Owner | $230,200 | Commercial | |
| Previous Owner | $168,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | For Rent | $1,700 | 0.0% | -- |
| 09/23/2024 09/23/24 | Sold | $815,000 | -1.8% | $145 / Sq Ft |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- |
| 08/07/2024 08/07/24 | For Sale | $829,990 | 0.0% | $148 / Sq Ft |
| 07/05/2024 07/05/24 | Rented | $1,495 | 0.0% | -- |
| 04/29/2024 04/29/24 | For Rent | $1,495 | +107.6% | -- |
| 11/12/2013 11/12/13 | Rented | $720 | 0.0% | -- |
| 11/09/2013 11/09/13 | Under Contract | -- | -- | -- |
| 10/11/2013 10/11/13 | For Rent | $720 | -- | -- |
Source: Georgia MLS
Tax History Compared to Growth
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 | $7,643 | $180,000 | $66,800 | $113,200 |
| 2022 | $6,839 | $191,200 | $66,800 | $124,400 |
| 2021 | $7,100 | $168,400 | $40,920 | $127,480 |
| 2020 | $7,131 | $168,400 | $40,920 | $127,480 |
| 2019 | $5,116 | $117,640 | $28,000 | $89,640 |
| 2018 | $5,088 | $117,640 | $28,000 | $89,640 |
| 2016 | $4,267 | $92,000 | $28,000 | $64,000 |
| 2015 | $4,315 | $92,000 | $28,000 | $64,000 |
| 2014 | -- | $92,000 | $28,000 | $64,000 |
Source: Public Records
Agents Affiliated with this Home
-
HOSSANA Kebede
-
Erika Francis
Seller's Agent in 2024
Erika Francis
EXP Realty, LLC.
(404) 454-6833
16 Total Sales
-
Adonay Semere
A
Buyer's Agent in 2024
Adonay Semere
Realty Professionals
(706) 461-5093
2 in this area
25 Total Sales
-
Seller's Agent in 2013
Jessica Holliman
Holliman Properties
(716) 335-0842
-
Glenda Broker
Buyer's Agent in 2013
Glenda Broker
Non-Mls Company
(800) 289-1214
Map
Source: Georgia MLS
MLS Number: 10353496
APN: 6-197-107
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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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