NOT LISTED FOR SALE

2125 Mitchell Rd Norcross, GA 30071

Estimated Value: $400,000 - $481,000

4 Beds
4 Baths
2,464 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $425,000 $172 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,919/month

3 Days on Market

Highlights

  • 0.78 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Paul Duke STEM High School Rated A+
  • 1-Story Property

About This Home

As of August 2023

Excellent Investment Opportunity! This 4-sided brick duplex has BRAND NEW WINDOWS (Installed 7/14/2023), a TWO-YEAR OLD ROOF, NEW DOORS, NEW 6-INCH GUTTERS. Great income from solid tenants. Duplex with great visibility. Unit A is a 3 Bedroom 2 Bath and is currently Leased. Unit B is a 3 Bedroom 2 Bath and is currently Leased. Each Unit features a Kitchen with full set of appliances and vinyl floors and washer/dryer connections. Each unit also has a separate driveway and parking area. Unit A rents for $1500 and has 6 months left on the lease. Unit B rents for $1650 to a long-term tenant whose third lease renewal starts September 1. This duplex is in great shape it is only minutes from shopping, dining, gas stations, and public transportation.

Last Listed By

Anthony Nastri

Keller Williams Realty License #339015 Listed on: 08/04/2023

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,561

Year Built

  • Built in 1984

Lot Details

  • 0.78

Home Design

  • Duplex
  • Brick Exterior Construction

Parking

  • Parking Pad
  • Off-Street Parking

Schools

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

Additional Features

  • 1-Story Property
  • 0.78 Acre Lot
  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mitchell Road Subdivision

Building Details

  • Gross Income $37,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,561

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1984
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .78
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Baldwin
  • High School: Norcross
  • High School Bus: Yes
  • Middle School: Summerour
  • Middle School Bus: Yes
  • Elementary School: Baldwin
  • Middle School: Summerour
  • High School: Norcross

Lot Info

  • Deed Book: 52502
  • Deed Page: 254

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4561

Multi Family

  • GrossIncome: 37800
  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Aug 25, 2023
Sold by
Wyn Lisa L
Bought by
Hoque Bhuiyan Zahirul and Hoque Farhana Naznin
Seller's Agent
Anthony Nastri
Keller Williams Realty
Buyer's Agent
Enamul Haque
Maxima Realty
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Total Days on Market
3
Views
18
Current Estimated Value
$444,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,826
Avg. Annual Appreciation
0.19%
Original Mortgage
$318,750
Outstanding Balance
$313,325
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$113,023

Purchase Details

Closed on
Aug 27, 2013
Sold by
Philbrick Lisa L
Bought by
Wyn Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,900
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2003
Sold by
Bugera Alexander N and Bugera Nina P
Bought by
Philbrick Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 1998
Sold by
Grier Craig R and Grier Boucher, D
Bought by
Bugera Alexandern

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,950
Interest Rate
6.92%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Hoque Bhuiyan Zahirul $425,000 --
Wyn Lisa L -- --
Philbrick Lisa L $187,000 --
Bugera Alexandern $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoque Bhuiyan Zahirul $318,750
Previous Owner Wyn Lisa L $142,900
Previous Owner Philbrick Lisa L $168,300
Previous Owner Bugera Alexandern $116,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $425,000 -10.5% $172 / Sq Ft
08/04/2023 08/04/23 For Sale $475,000 -- $193 / Sq Ft
Source: Georgia MLS

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 $5,440 $165,240 $21,600 $143,640
2022 $4,561 $142,080 $19,600 $122,480
2021 $3,582 $109,200 $13,200 $96,000
2020 $3,331 $100,800 $13,200 $87,600
2019 $2,916 $65,920 $12,400 $53,520
2018 $2,183 $65,920 $12,400 $53,520
2016 $1,821 $55,080 $10,000 $45,080
2015 $1,444 $30,240 $6,000 $24,240
2014 -- $30,240 $6,000 $24,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10189519

Georgia MLS

APN: 6-225-298