NOT LISTED FOR SALE

Estimated Value: $377,000 - $538,000

4 Beds
4 Baths
2,421 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $405,000 $167 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,855/month

122 Days on Market

Highlights

  • View of Trees or Woods
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Double Pane Windows
  • Four Sided Brick Exterior Elevation
  • Ceiling Fan

About This Home

As of April 2023

This 4 sided brick duplex is a great investment opportunity! These units are the most spacious floor-plan in the neighborhood including a large living room and sunroom. Both units had major renovations done in 2012 including new HVAC systems, windows and laminate flooring throughout. 1916 has an unfinished addition that could be turned into a third bedroom. The addition also added a large storage area and a small deck. The kitchen was completely upgraded in 2019. 1918 has undergone similar upgrades except the kitchen cabinets are original but were painted. The roof was replaced in 2021 with architectural shingles and ridge vents. The exterior of the duplex was painted in September of 2022. Rents of $1150 and $1125 are below current market. Convenient location off Lawrenceville Highway near Sugarloaf Parkway!

Last Agent to Sell the Property

Lucas McHenry

Southern Classic Realtors License #361995 Listed on: 10/13/2022

Southern Classic Realtors

Co-Listed By

Samantha McHenry

Southern Classic Realtors License #369621

Last Buyer's Agent

Angie Khan

Virtual Properties Realty. Biz License #279790

Virtual Properties Realty. Biz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,507

Year Built

  • Built in 1985

Lot Details

  • 0.39 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Views of Woods

Parking

  • 4 Parking Spaces
  • Driveway Level

Schools

  • Cedar Hill Elementary School
  • J.E. Richards Middle School
  • Discovery High School

Utilities

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

Community Details

  • 2 Units
  • Patterson Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number R5051 061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,507

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: L25 BA PATTERSON POINTE
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1985
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Double Panes, Insulated Windows

Exterior Features

  • Construction Materials: Brick 4 Sides, Cement Siding
  • Roof Type: Composition, Ridge Vents, Shingle
  • View: Trees/Woods

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Driveway, Level Driveway

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Patterson Pointe

Schools

  • Elementary School: Cedar Hill
  • Middle School: J.E. Richards
  • High School: Discovery

Lot Info

  • Acres: 0.3900
  • Deed Book: 51176
  • Deed Page: 4
  • Lot Features: Level
  • Lot Dimensions: x
  • Parcel Number: R5051 061
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

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

Tax Info

  • Taxes: 3507.00
  • Assessor Parcel Number: R5051-061
  • Close Date: 2023-04-05
  • Tax Year: 2021

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Cedar Hill
  • High School: Discovery
  • Middle School: J.E. Richards

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Apr 5, 2023
Sold by
Freeport Title And Guaranty Inc Trustee
Bought by
Ardent Investment Llc
Seller's Agent
Lucas McHenry
Southern Classic Realtors
Buyer's Agent
Angie Khan
Virtual Properties Realty. Biz
List Price
$420,000
Sold Price
$405,000
Premium/Discount to List
-$15,000
-3.57%
Total Days on Market
122
Views
658
Current Estimated Value
$436,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,278
Avg. Annual Appreciation
3.46%
Original Mortgage
$581,000
Outstanding Balance
$371,682
Interest Rate
6.73%
Mortgage Type
Mortgage Modification
Estimated Equity
$64,596

Purchase Details

Listed on
Oct 4, 2011
Closed on
Jan 18, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Freeport Title And Guaranty In
Seller's Agent
THE KURZNER GROUP
Resideum Real Estate
Buyer's Agent
Cynthia Stedeford
NOT A VALID MEMBER
List Price
$54,900
Sold Price
$30,000
Premium/Discount to List
-$24,900
-45.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.11%

Purchase Details

Closed on
Sep 6, 2011
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 6, 2000
Sold by
Patterson Park Bldrs Llc
Bought by
Heredia Melesio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,050
Interest Rate
7.92%
Mortgage Type
FHA
Source: Public Records

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
Ardent Investment Llc $405,000 --
Freeport Title And Guaranty In $30,000 --
Federal Home Loan Mortgage Corporation $68,319 --
Wells Fargo Bank Na $68,319 --
Heredia Melesio $103,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ardent Investment Llc $581,000
Previous Owner Stieb Michael D $85,000
Previous Owner Stieb Michael D $68,500
Previous Owner Heredia Melesio $103,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $405,000 -3.6% $167 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $420,000 0.0% $173 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
12/13/2022 12/13/22 Price Changed $420,000 -4.3% $173 / Sq Ft
10/13/2022 10/13/22 For Sale $439,000 +1363.3% $181 / Sq Ft
01/18/2012 01/18/12 Sold $30,000 -45.4% $12 / Sq Ft
11/02/2011 11/02/11 Pending -- -- --
10/04/2011 10/04/11 For Sale $54,900 -- $23 / 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 $6,470 $149,920 $28,800 $121,120
2022 $4,984 $122,480 $20,000 $102,480
2021 $3,507 $80,280 $16,000 $64,280
2020 $3,521 $80,280 $16,000 $64,280
2019 $2,898 $65,920 $13,600 $52,320
2018 $2,885 $65,920 $13,600 $52,320
2016 $2,111 $42,720 $8,000 $34,720
2015 $2,128 $42,720 $8,000 $34,720
2014 -- $12,000 $4,000 $8,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7129291

First Multiple Listing Service (FMLS)

APN: 5-051-061