NOT LISTED FOR SALE

2890 Spruce Cir Snellville, GA 30078

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

Last Sold May 16, 2024

Last sale price $685,000 $149 Per Sq Ft

14 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Central Air

About This Home

As of May 2024

**For Sale: Multi-Family Property at 2890 Spruce Cir, Snellville, GA 30078** Explore the remarkable potential of this spacious 8-bedroom, 4-bathroom and 4 1/2 -baths multi-family residence ideally situated in the heart of Snellville, GA. This impressive property presents a unique opportunity for both investors and families looking to generate rental income while enjoying a comfortable living space. **Location Perks:** Placed conveniently near everyday essentials, this home is just a short stroll away from the local Walmart Neighborhood Market, ensuring grocery needs are always within reach. Recreational activities are readily available with South Gwinnett Park less than a kilometer away, perfect for leisurely weekends or morning jogs. Additionally, the community is bolstered by a variety of dining choices, medical facilities, and reputable schools, enhancing its appeal for renters and residents alike. **Investment Opportunity:** Capture the advantage of dual streams of income or occupy one unit while renting others. The layout is conducive to both renting entirely or partially, which can facilitate managing investments closely. Ideal for building generational wealth, this property offers both immediate income and long-term capital growth potential. **Practical Features:** Each unit in this multi-family home ensures privacy and convenience with ample living spaces that accommodate diverse lifestyles. The parking is plentiful, alleviating common living concerns and boosting its rental attractiveness. **Additional Highlights:** The inviting neighborhood and natural environment create a welcoming atmosphere while maintaining proximity to vital amenities. The property's strategic location combined with its considerable room count and functional living spaces make it a particularly enticing option for those keen on investing in a growing community. Seize the opportunity to become a proud owner of this multi-faceted property where endless possibilities to create, expand, and prosper await.

Last Agent to Sell the Property

Vee Wilson

HomeSmart License #393852 Listed on: 05/01/2024

HomeSmart

Last Buyer's Agent

Tina Jingru Sui

Real Broker License #392936

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,113

Year Built

  • Built in 1986

Lot Details

  • 0.46 Acre Lot

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 19 / B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,113

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Section: 00
  • Year Built: 1986
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .46
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Other
  • Property Condition: Resale

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot: 19
  • Deed Book: 58515
  • Deed Page: 346

Rental Info

  • Owner Pays: Other

Multi Family

  • Total Fireplaces: 1
  • NumberOfUnitsTotal: 4

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8113

MLS Schools

  • Elementary Bus Line: Yes

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

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $685,000 +2.2% $149 / Sq Ft
05/08/2024 05/08/24 Off Market $670,000 -- --
05/01/2024 05/01/24 For Sale $670,000 0.0% $145 / Sq Ft
06/08/2021 06/08/21 Rented $1,020 0.0% --
05/31/2021 05/31/21 Under Contract -- -- --
05/17/2021 05/17/21 For Rent $1,020 0.0% --
02/24/2021 02/24/21 Sold $475,000 -5.0% $103 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/21/2020 12/21/20 For Sale $500,000 -- $109 / 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 $8,560 $192,000 $32,320 $159,680
2022 $7,908 $190,000 $66,400 $123,600
2021 $6,203 $141,040 $28,880 $112,160
2020 $6,227 $141,040 $28,880 $112,160
2019 $5,002 $111,960 $28,000 $83,960
2018 $4,974 $111,960 $28,000 $83,960
2016 $4,351 $92,000 $28,000 $64,000
2015 $4,395 $92,000 $28,000 $64,000
2014 $4,413 $92,000 $28,000 $64,000
Source: Public Records

Agents Affiliated with this Home

  • Vee Wilson

    Seller's Agent in 2024

    Vee Wilson

    HomeSmart

    (561) 350-6527

    4 in this area

    118 Total Sales

    Vee Wilson
    Section Image
  • Tina Jingru Sui

    Buyer's Agent in 2024

    Tina Jingru Sui

    Real Broker

    (404) 375-2120

    2 in this area

    218 Total Sales

    Tina Jingru Sui
    Section Image
  • Sayo Owoseni

    Seller's Agent in 2021

    Sayo Owoseni

    NOT A VALID MEMBER

    (469) 569-0412

    2 in this area

    22 Total Sales

    Section Image
  • Adam Mincey

    Seller's Agent in 2021

    Adam Mincey

    Keller Williams Realty Intown ATL

    (770) 714-5693

    8 in this area

    175 Total Sales

    Adam Mincey
    Section Image
  • Sarah Lee

    Seller Co-Listing Agent in 2021

    Sarah Lee

    EXP Realty, LLC.

    (678) 296-9923

    8 in this area

    93 Total Sales

    Sarah Lee
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10286954

Georgia MLS

APN: 6-051 -309

Georgia Gwinnett County Snellville 30078

2890 Spruce Cir, Snellville, GA

This home is located at 2890 Spruce Cir, Snellville, GA 30078 since 01 May 2024. This property was built in 1986. 2890 Spruce Cir is a home located in Gwinnett County with nearby schools including Norton Elementary School, Snellville Middle School, and South Gwinnett High School.

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