$700,000
SOLD AUG 29, 2024

2245 Highpoint Rd Snellville, GA 30078

-- Bed
-- Bath
4,608 Sq Ft
0.53 Acres

Recently Sold

$152 Per Sq Ft

6 Days on Market

Highlights

  • City View
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of August 2024

Fully-occupied Quadruplex in a great location, minutes to HWY 78 (Stone Mountain HWY) and HWY 124 (Scenic HWY) in the heart of Snellville, close to all the shopping and dining the area has to offer. Three of the units are recently updated with trendy colors and materials. Two middle units are 2 beds/2.5 Baths. Two end units are 2 beds/1.5 baths with fireplace! Spacious units with private decks and plenty of parking spaces. Located in an awesome rental neighborhood, units are easily rented out!! This impressive property presents a unique opportunity for both investors and families looking to generate rental income while enjoying a comfortable living space. Interior pictures were taken for unit 2241 before tenant moving in. Potential package deal with two other multifamily listings in the area.

Last Agent to Sell the Property

Jay Yin

Homecraft Realty, Inc. License #362582 Listed on: 07/15/2024

Last Buyer's Agent

Mosla Uddin

Maxima Realty LLC License #439832

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,941

Year Built

  • Built in 1984

Lot Details

  • 0.53 Acre Lot
  • Level Lot

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • City Views

Schools

  • Norton Elementary School
  • Snellville Middle School
  • South Gwinnett High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Highpoint Landing Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / A
  • Assessor Parcel Number R6051 106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,941

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1984
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • View: City
  • Pool Private: No

Garage/Parking

  • Parking Features: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Highpoint Landing

Schools

  • Elementary School: Norton
  • Middle School: Snellville
  • High School: South Gwinnett

Lot Info

  • Acres: 0.5300
  • Lot: 25
  • Land/Lot: 51
  • Plat Book: 17
  • Plat Page: 13
  • Lot Features: Level
  • Lot Dimensions: x 106
  • Parcel Number: R6051 106
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Tax Info

  • Taxes: 5941.00
  • Assessor Parcel Number: R6051-106
  • Close Date: 2024-08-29
  • Tax Year: 2023

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Norton
  • High School: South Gwinnett
  • Middle School: Snellville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Aug 29, 2024
Sold by
Summertown Properties Llc
Bought by
Bibi Aysha and Jainuddin Pirzada Sirajuddin
Seller's Agent
Jay Yin
Homecraft Realty, Inc.
Buyer's Agent
Mosla Uddin
Maxima Realty LLC
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Total Days on Market
6
Views
39
Current Estimated Value
$700,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$794
Avg. Annual Appreciation
-0.04%
Original Mortgage
$525,000
Outstanding Balance
$521,770
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$178,015

Purchase Details

Listed on
Jul 15, 2024
Closed on
Jul 11, 2024
Sold by
Guo Shijin
Bought by
Summertown Properties Llc and Yq Capital Llc
Seller's Agent
Jay Yin
Homecraft Realty, Inc.
Buyer's Agent
Mosla Uddin
Maxima Realty LLC
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$521,770
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$178,015

Purchase Details

Listed on
Feb 15, 2015
Closed on
Mar 11, 2015
Sold by
Neal Howard Investments Llc
Bought by
Guo Shijin and Li Enying
Seller's Agent
Sharon McCarthy
NOT A VALID MEMBER
Buyer's Agent
Kevin Lee
NOT A VALID MEMBER
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
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 $700,000 --
Warranty Deed $570,000 --
Warranty Deed $260,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $45,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $700,000 +0.1% $152 / Sq Ft
07/21/2024 07/21/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $699,000 +168.8% $152 / Sq Ft
03/11/2015 03/11/15 Sold $260,000 -1.9% $56 / Sq Ft
02/22/2015 02/22/15 Pending -- -- --
02/15/2015 02/15/15 For Sale $265,000 -- $58 / 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 $8,040 $200,000 $36,640 $163,360
2022 $5,804 $132,000 $32,760 $99,240
2021 $5,825 $132,000 $32,760 $99,240
2020 $5,846 $141,040 $32,760 $108,280
2019 $5,194 $118,960 $28,000 $90,960
2018 $5,167 $118,960 $28,000 $90,960
2016 $4,299 $92,000 $28,000 $64,000
2015 $4,343 $92,000 $28,000 $64,000
2014 -- $92,000 $28,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7421465

First Multiple Listing Service (FMLS)

APN: 6-051-106