NOT LISTED FOR SALE

2048 Summertown Dr Norcross, GA 30071

Estimated Value: $323,221 - $353,000

3 Beds
2 Baths
1,204 Sq Ft
$279/Sq Ft Est. Value

Sale Details

Date Sold: February 18, 2020

Last sale price $188,000 $156 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,119 / mo

63 Days on Market

Highlights

  • City View
  • 2 Car Attached Garage
  • Attic Fan
  • Paul Duke STEM High School Rated A+
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

Attention investors! Tenant occupied, beautifully renovated ranch in Baldwin/Summerour/Norcross district. Eligible for Paul Duke Stem HS! NEW white Shaker kitchen cabinets, Quartz counters, New Stainless Steel appliances. Eat-in kitchen with updated lighting and fixtures. 3 nice-sized bedrooms. Newer water heater and HVAC. New roof. 2 Car garage and driveway. Fireside cozy family room. New interior and exterior paint. New carpets and floors throughout. New lighting and ceiling fans. Pictures before the tenant moved in. DO NOT DISTURB TENANTS. Showing during due diligence only. Leased until 6/30/2020. Professionally screened and qualified tenants.

Last Agent to Sell the Property

Janet Hitzel

Keller Williams Realty Atlanta Partners License #361521 Listed on: 11/14/2019

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

ELENA KISSINA

First United Realty of Ga, Inc. License #315746

First United Realty of Ga, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,576

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 12,197 Sq Ft Lot
  • Sloped Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • City Views
  • Attic Fan

Parking

  • 2 Car Attached Garage
  • Driveway

Schools

  • Baldwin - Gwinnett Elementary School
  • Summerour Middle School
  • Norcross High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Mitchell Rise Subdivision

Listing and Financial Details

  • Assessor Parcel Number R6225 192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,576

Year Built

Built in 1983 | Remodeled

Lot Details

0.28 Acres

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Updated/Remodeled
  • Year Built: 1983
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Roof Type: Composition
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Attic Fan, Central Air
  • Heating: Central, Forced Air
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Subdivision Complex: Mitchell Rise

Fee Information

  • Annual Expenses: 2673

Lot Info

  • Acres: 0.2800
  • Lot Features: Sloped
  • Lot Dimensions: x
  • Parcel Number: R6225 192
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1576.00
  • Tax Year: 2018

Multi Family

  • Number Of Units Total: 1

MLS Schools

  • Elementary School: Baldwin - Gwinnett
  • High School: Norcross
  • Middle School: Summerour

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Feb 18, 2020
Sold by
Bought by
Seller's Agent
Janet Hitzel
Keller Williams Realty Atlanta Partners
Buyer's Agent
ELENA KISSINA
First United Realty of Ga, Inc.
List Price
$195,000
Sold Price
$188,000
Premium/Discount to List
-$7,000
-3.59%
Current Estimated Value
$336,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,305
Avg. Annual Appreciation
9.53%
Original Mortgage
$141,000
Outstanding Balance
$124,579
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$211,726

Purchase Details

Listed on
Jan 8, 2019
Closed on
Mar 15, 2019
Sold by
Bought by
Seller's Agent
Mark Bullock
NOT A VALID MEMBER
Buyer's Agent
Angela Ruppert
NOT A VALID MEMBER
List Price
$550,000
Sold Price
$130,000
Premium/Discount to List
-$420,000
-76.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.69%
Original Mortgage
$160,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$188,000 --
$130,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $141,000
Closed $141,000
Previous Owner $160,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2020 02/18/20 Sold $188,000 -1.1% $156 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/13/2020 01/13/20 Price Changed $190,000 -2.6% $158 / Sq Ft
11/14/2019 11/14/19 For Sale $195,000 0.0% $162 / Sq Ft
06/23/2019 06/23/19 Rented $1,600 0.0% --
06/15/2019 06/15/19 For Rent $1,600 0.0% --
03/15/2019 03/15/19 Sold $130,000 -76.4% $108 / Sq Ft View Prior Sale
02/11/2019 02/11/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $550,000 0.0% $457 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
01/19/2019 01/19/19 For Sale $550,000 0.0% $457 / Sq Ft
01/13/2019 01/13/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $550,000 -- $457 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,753 $118,760 $25,840 $92,920
2024 $3,352 $104,760 $22,400 $82,360
2023 $3,352 $104,760 $22,400 $82,360
2022 $3,011 $93,800 $22,400 $71,400
2021 $657 $61,200 $13,600 $47,600
2020 $2,023 $61,200 $13,600 $47,600
2019 $2,134 $47,600 $10,800 $36,800
2018 $1,576 $47,600 $10,800 $36,800
2016 $1,229 $37,160 $8,000 $29,160
2015 $1,317 $28,120 $6,000 $22,120
2014 $949 $28,120 $6,000 $22,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6645896

First Multiple Listing Service (FMLS)

APN: 6-225-192

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