NOT LISTED FOR SALE

2920 Spruce Cir Snellville, GA 30078

Estimated Value: $784,000 - $869,279

8 Beds
6 Baths
4,608 Sq Ft
$182/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $600,000 $130 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,137/month

About This Home

As of March 2021

Exciting opportunity to purchase these properties that are occupied, well maintained and all turnkey in Snellville! Property has been professionally managed and has always had tons of demand for these units! All units are currently leased and up to date! With all of the new development in Snellville these properties will be cash-flowing for a long time! No showings until due diligence - Do NOT disturb tenants!

Last Agent to Sell the Property

Adam Mincey

Keller Williams Realty Intown ATL License #360964 Listed on: 12/21/2020

Keller Williams Realty Intown ATL

Co-Listed By

Sarah Lee

EXP Realty, LLC. License #366323

Last Buyer's Agent

Esther Ayuk

Bess Realty Professionals License #246778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,962

Year Built

  • Built in 1986

Lot Details

  • 0.46

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Parking

  • 2 Parking Spaces
  • Parking Lot

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • 0.46 Acre Lot

Community Details

  • 4 Units
  • Avalon Circle Subdivision

Listing and Financial Details

  • Assessor Parcel Number R6051 306

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,962

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1986
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Avalon Circle

Schools

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

Lot Info

  • Acres: 0.4600
  • Lot Dimensions: x 111
  • Parcel Number: R6051 306
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

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

Tax Info

  • Taxes: 4962.00
  • Assessor Parcel Number: R6051-306
  • Close Date: 2021-03-26
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2020
Closed on
Mar 26, 2021
Sold by
Mazzawi Anne C
Bought by
Ngantcha Irene
Seller's Agent
Adam Mincey
Keller Williams Realty Intown ATL
Buyer's Agent
Esther Ayuk
Bess Realty Professionals
List Price
$608,000
Sold Price
$600,000
Premium/Discount to List
-$8,000
-1.32%
Current Estimated Value
$836,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,570
Avg. Annual Appreciation
7.63%
Original Mortgage
$442,500
Outstanding Balance
$398,879
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$437,691

Purchase Details

Closed on
Feb 17, 2016
Sold by
Mazzawi Hugh N
Bought by
Mazzawi James Matthew John Ma and Trustees Of The Item Six Trust
Source: Public Records

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
Ngantcha Irene $600,000 --
Ngantcha Irene $600,000 --
Mazzawi James Matthew John Ma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngantcha Irene $442,500
Closed Ngantcha Irene $442,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $600,000 -1.3% $130 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
12/21/2020 12/21/20 For Sale $608,000 -- $132 / 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 $8,410 $200,000 $84,000 $116,000
2023 $8,410 $200,000 $84,000 $116,000
2022 $6,136 $240,000 $84,000 $156,000
2021 $6,163 $141,040 $28,880 $112,160
2020 $6,187 $141,040 $28,880 $112,160
2019 $4,962 $111,960 $28,000 $83,960
2018 $4,933 $111,960 $28,000 $83,960
2016 $4,311 $92,000 $28,000 $64,000
2015 $4,354 $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: 6820874

First Multiple Listing Service (FMLS)

APN: 6-051-306