$615,000
SOLD DEC 20, 2024

3030, 3032, 303 Spruce Cir Snellville, GA 30078

-- Bed
-- Bath
-- Sq Ft
0.46 Acres

Recently Sold

5% Below List Price

22 Days on Market

About This Home

As of December 2024

Investment opportunity Owner Financing Available. 8-bedroom, 4-bathroom and 4 1/2 -baths multi-family residence conveniently situated in Snellville, GA. Close to shopping and South Gwinnett Park. All units are currently occupied and have good upward rent potential on the next tenant turn. Another property in this neighborhood sold for 685k this year No showings until the due diligence period. There are no lockboxes and no signs on site. Condition reports available Do not disturb the tenants.

Last Agent to Sell the Property

Ted Ehrhart

PMI Georgia License #365016 Listed on: 11/05/2024

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,373

Year Built

  • Built in 1985

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Concrete Siding
  • Block Exterior

Schools

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

Additional Features

  • 2-Story Property
  • 0.46 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Lanier Mountain Woods Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,373

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Financing Type: Seller Financing
  • 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: Block, Concrete
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
  • 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
  • Middle School: Snellville
  • Elementary School: Norton
  • Middle School: Snellville
  • High School: South Gwinnett

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8372.89

Multi Family

  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Dec 20, 2024
Sold by
Abraham Todd
Bought by
Figueroa Jose Antonio Sanchez
Seller's Agent
Ted Ehrhart
PMI Georgia
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%
Total Days on Market
22
Views
67
Current Estimated Value
$627,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,872
Avg. Annual Appreciation
44.45%
Original Mortgage
$492,000
Outstanding Balance
$490,744
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$232,267

Purchase Details

Closed on
Jul 27, 2018
Sold by
Jrb Holdings Llc
Bought by
Abraham Todd and Abraham Hilda

Purchase Details

Closed on
May 1, 2009
Sold by
Chappell Jerry W
Bought by
Jrb Holdings Llc

Purchase Details

Closed on
Feb 24, 2006
Sold by
Barritt Jack R and Barritt Jennifer D
Bought by
Chappell Jerry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,125
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2002
Sold by
Spruce Lllp
Bought by
Barnitt Jack R and Barnitt Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,700
Interest Rate
6.53%
Mortgage Type
Commercial
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 $615,000 --
Warranty Deed $375,000 --
Quit Claim Deed -- --
Deed $115,500 --
Deed $307,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $492,000 FHA
Previous Owner $307,125 Commercial
Previous Owner $207,700 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $615,000 -5.4% --
11/27/2024 11/27/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $650,000 0.0% --
11/10/2024 11/10/24 Pending -- -- --
11/05/2024 11/05/24 For Sale $650,000 -- --
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 $9,198 $200,000 $32,320 $167,680
2022 $7,842 $188,800 $66,000 $122,800
2021 $6,180 $141,040 $28,880 $112,160
2020 $6,204 $141,040 $28,880 $112,160
2019 $4,589 $100,800 $28,000 $72,800
2018 $4,559 $100,800 $28,000 $72,800
2016 $3,698 $74,000 $28,000 $46,000
2015 $3,733 $74,000 $28,000 $46,000
2014 -- $40,000 $14,400 $25,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10408165

Georgia MLS

APN: 6-051-295