NOT LISTED FOR SALE

2957 Sunset St Duluth, GA 30096

Estimated Value: $393,000 - $405,000

5 Beds
2 Baths
1,512 Sq Ft
$264/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $400,000 $265 Per Sq Ft

Current estimated payment $2,474/month

65 Days on Market

Highlights

  • 0.6 Acre Lot
  • 2 Fireplaces
  • 1-Story Property
  • B.B. Harris Elementary School Rated A
  • No HOA
  • Central Heating and Cooling System

About This Home

As of June 2023

Welcome to this unique investment opportunity in Gwinnett County! This property features two charming residences situated on a single lot. The main home boasts three bedrooms and one bath, while the second home offers two bedrooms and one bath. Both homes are currently tenant-occupied, with the main home generating $1925 per month and the second home generating $1450 per month in rental income (12 month contracts - both renewed in April and May 2023). The main home showcases a spacious living room and dining area, convenient kitchen with ample cabinet space, and a cozy covered front porch. The second home features an open living and kitchen area, perfect for relaxing or entertaining. Both residences enjoy plenty of natural light, neutral color palettes, and hardwood floors throughout. This property is an ideal investment for those seeking consistent rental income with long-term tenants already in place. With convenient access to local shopping, dining, and top-rated schools, this is an opportunity not to be missed!

Last Agent to Sell the Property

Christina Contreras

Virtual Properties Realty.com License #405531 Listed on: 03/10/2023

Virtual Properties Realty.com

Last Buyer's Agent

Christina Contreras

Virtual Properties Realty.com License #405531 Listed on: 03/10/2023

Virtual Properties Realty.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 0.6

Parking

  • Over 1 Space Per Unit

Home Design

  • Duplex
  • Stone Siding
  • Stone

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces

Schools

  • B B Harris Elementary School
  • Duluth Middle School
  • Duluth High School

Additional Features

  • 0.6 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • E L Byers Subdivision

Listing and Financial Details

  • The owner pays for electricity, water
  • Tax Lot 12

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,771

Year Built

Built in 1971 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .60
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 758333

Exterior Features

  • Construction Materials: Stone
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Attached, Over 1 Space per Unit

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Billing Prorated, Water Billing Prorated
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: B B Harris
  • High School: Duluth
  • Middle School: Duluth
  • Elementary School: B B Harris
  • Middle School: Duluth
  • High School: Duluth

Lot Info

  • Lot: 12

Rental Info

  • Owner Pays: Electricity, Water

Multi Family

  • Total Fireplaces: 2
  • NumberOfUnitsTotal: 2

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3771.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
Ipswich Castle Partners Llc
Bought by
Rathore Sanjeev
Current Estimated Value
$398,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$319,456
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$79,359

Purchase Details

Listed on
Mar 10, 2023
Closed on
Jun 14, 2023
Sold by
Innovating Group Llc
Bought by
Ipswich Castle Partners Llc
Seller's Agent
Christina Contreras
Virtual Properties Realty.com
Buyer's Agent
Christina Contreras
Virtual Properties Realty.com
List Price
$475,000
Sold Price
$400,000
Premium/Discount to List
-$75,000
-15.79%
Views
797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.13%
Original Mortgage
$300,000
Interest Rate
6.39%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Feb 2, 2022
Sold by
Q9 Property Solutions Llc
Bought by
Innovating Grp Llc

Purchase Details

Closed on
Jan 31, 2006
Sold by
Power Vanw
Bought by
Sun Yongcheng and Li Han

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2001
Sold by
Mullinax Nancy
Bought by
Power Van W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
7.06%
Mortgage Type
New Conventional
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
Rathore Sanjeev $400,000 --
Ipswich Castle Partners Llc $400,000 --
Innovating Grp Llc $280,000 --
Q9 Property Solutions Llc $267,000 --
Sun Yongcheng $125,000 --
Power Van W $119,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathore Sanjeev $320,000
Previous Owner Ipswich Castle Partners Llc $300,000
Previous Owner Sun Yongcheng $112,500
Previous Owner Power Van W $106,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $400,000 -12.1% $265 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
04/26/2023 04/26/23 Price Changed $455,000 -1.1% $301 / Sq Ft
03/30/2023 03/30/23 Price Changed $460,000 -3.2% $304 / Sq Ft
03/10/2023 03/10/23 For Sale $475,000 -- $314 / 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
2024 $4,404 $145,320 $28,000 $117,320
2023 $4,404 $112,000 $28,000 $84,000
2022 $3,771 $95,280 $15,600 $79,680
2021 $3,822 $95,280 $15,600 $79,680
2020 $3,843 $104,440 $15,600 $88,840
2019 $3,110 $78,160 $15,600 $62,560
2018 $3,106 $78,160 $15,600 $62,560
2016 $2,712 $78,160 $15,600 $62,560
2015 $3,162 $78,160 $15,600 $62,560
2014 $2,064 $46,920 $8,000 $38,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20108914

Georgia MLS

APN: 6-261A-057