NOT LISTED FOR SALE

Estimated Value: $372,725 - $454,000

5 Beds
4 Baths
2,146 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $339,900 $158 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,734/month

3 Days on Market

Highlights

  • Private Lot
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Accessible Entrance
  • Three Sided Brick Exterior Elevation
  • Ceiling Fan

About This Home

As of October 2021

Great investment opportunity! Well maintained brick duplex. One unit has 3 beds / 2 baths, one unit has 2 beds / 2 baths. Both units are month to month leases. Rental rate could be increased easily. Both units have tenants in place and tenants want to stay. Convenient location off Lawrenceville HWY near Sugarloaf Parkway. Near schools, shops and post office. No seller disclosure. Showing only during due diligence. Please do not disturb tenants. Listing agent is the owner.

Last Agent to Sell the Property

Stacy Liang

JL Realty Atlanta, LLC License #413215 Listed on: 09/07/2021

Last Buyer's Agent

Michelle Bahl

HomeSmart License #259071

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 0.4 Acre Lot
  • Private Lot
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows

Parking

  • 4 Parking Spaces
  • Driveway Level
  • Paved Parking

Accessible Home Design

  • Accessible Entrance

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Patterson Pointe Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / B
  • Assessor Parcel Number R5051 074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,699

Year Built

Built in 1985 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Updated/Remodeled
  • Year Built: 1985
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Separate Meters
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer 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: 0.4000
  • Lot: 8
  • Land/Lot: 51
  • Deed Book: 48999
  • Deed Page: 361
  • Plat Book: 28
  • Plat Page: 40
  • Lot Features: Level, Private
  • Lot Dimensions: x
  • Parcel Number: R5051 074
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

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

Tax Info

  • Taxes: 2699.00
  • Assessor Parcel Number: R5051-074
  • Close Date: 2021-10-14
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 14, 2021
Sold by
Liang Stacy
Bought by
Law Kai Y
Seller's Agent
Stacy Liang
JL Realty Atlanta, LLC
Buyer's Agent
Michelle Bahl
HomeSmart
List Price
$339,900
Sold Price
$339,900
Current Estimated Value
$419,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,781
Avg. Annual Appreciation
5.57%

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 23, 2020
Sold by
Liang Stacy
Bought by
Forever Home Properties Llc
Seller's Agent
ProLink Advisors Team
NOT A VALID MEMBER
Buyer's Agent
ProLink Advisors Team
NOT A VALID MEMBER
List Price
$244,900
Sold Price
$239,000
Premium/Discount to List
-$5,900
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.85%

Purchase Details

Closed on
Dec 6, 2006
Sold by
Porras Henry and Porras Elizabeth C
Bought by
Porras Family Trust

Purchase Details

Closed on
Aug 13, 2003
Sold by
Porras Trust
Bought by
Porras Henry and Porras Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,600
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2001
Sold by
Atl International Real Estate Br
Bought by
Porras Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2001
Sold by
Harris John R and Harris Brenda J
Bought by
Atlanta International Real Estat
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
Law Kai Y $339,900 --
Forever Home Properties Llc -- --
Liang Stacy $239,000 --
Porras Family Trust -- --
Porras Henry -- --
Porras Family Trust $159,900 --
Atlanta International Real Estat $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liang Stacy $120,000
Previous Owner Porras Henry $88,600
Previous Owner Porras Family Trust $76,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $339,900 0.0% $158 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $339,900 +42.2% $158 / Sq Ft
06/23/2020 06/23/20 Sold $239,000 -2.4% $111 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $244,900 -- $114 / 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
2024 $5,578 $137,200 $28,800 $108,400
2023 $5,578 $144,280 $28,800 $115,480
2022 $4,807 $117,840 $20,000 $97,840
2021 $3,822 $89,400 $16,000 $73,400
2020 $2,699 $58,000 $13,600 $44,400
2019 $2,607 $58,000 $13,600 $44,400
2018 $2,593 $58,000 $13,600 $44,400
2016 $2,032 $40,880 $8,000 $32,880
2015 $2,048 $40,880 $8,000 $32,880
2014 $1,266 $18,760 $4,000 $14,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6940378

First Multiple Listing Service (FMLS)

APN: 5-051-074