$30,000
SOLD JAN 18, 2012
-- Bed
-- Bath
2,421 Sq Ft
0.5 Acres

Recently Sold

$12 Per Sq Ft

45% Below List Price

29 Days on Market

Highlights

  • Four Sided Brick Exterior Elevation
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2023

FANTASTIC INVESTMENT OPPORTUNITY! A LITTLE SWEAT EQUITY WILL PROVIDE A POSITIVE CASH FLOW! LIVE IN ONE SIDE AND RENT OUT THE OTHER OR RENT BOTH! BRING ALL YOUR IDEAS! FREDDIE MAC FIRST LOOK APPLIES TO 10/19/2011, HURRY AND SHOW TODAY!

Last Agent to Sell the Property

THE KURZNER GROUP

Resideum Real Estate License #154646 Listed on: 10/04/2011

Last Buyer's Agent

Cynthia Stedeford

NOT A VALID MEMBER License #55067

NOT A VALID MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Parking

  • 2 Parking Spaces
  • Varies By Unit

Schools

  • Cedar Hill Elementary School
  • J.E. Richards Middle School
  • Central Gwinnett High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Patterson Pointe Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / A
  • Assessor Parcel Number 1916PATTERSONCIR

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1985
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Street Lights
  • Subdivision Complex: PATTERSON POINTE

Schools

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

Lot Info

  • Acres: 0.5000
  • Lot: 25
  • Lot Features: Level
  • Lot Dimensions: .39
  • Parcel Number: 1916PATTERSONCIR
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4

Tax Info

  • Taxes: 2689.00
  • Assessor Parcel Number: 5-051-061
  • Close Date: 2012-01-18
  • Tax Year: 2010

MLS Schools

  • Elementary School: Cedar Hill
  • High School: Central Gwinnett
  • 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%
Views
658
Current Estimated Value
$431,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,771
Avg. Annual Appreciation
3.58%
Original Mortgage
$581,000
Outstanding Balance
$371,682
Interest Rate
6.73%
Mortgage Type
Mortgage Modification
Estimated Equity
$67,873

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 Type Sale Price Title Company
Warranty Deed $405,000 --
Warranty Deed $30,000 --
Warranty Deed $68,319 --
Foreclosure Deed $68,319 --
Deed $103,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $581,000 Mortgage Modification
Previous Owner $85,000 Stand Alone Second
Previous Owner $68,500 Credit Line Revolving
Previous Owner $103,050 FHA
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: 4280699

First Multiple Listing Service (FMLS)

APN: 5-051-061