NOT LISTED FOR SALE

Estimated Value: $323,491 - $455,000

4 Beds
2 Baths
1,862 Sq Ft
$218/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $432,000 $232 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,630/month

146 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding
  • 1-Story Property
  • Ceiling Fan

About This Home

As of January 2024

Cash flowing, passive income duplex located in Lawrenceville. Each side features 2 bdr/ 1bath with one side providing an additional basement area. Fully occupied. Both units are separately metered for utilities. Unit 1 rents for $1530. Unit 2 Rents for $1700. The market rent for Unit 1 is $1600 and the market rent for unit 2 is $1700. Inquire about purchasing a package deal including duplexes at: 109 Cherry St, 3152 Ferrite Ct, 3022 Cruse Rd, and 528 Springlake Rd.

Last Listed By

Rick Brockman

CDE Realty, Inc. Brokerage Phone: 4045193192 License #210360 Listed on: 07/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,867

Year Built

  • Built in 1977

Lot Details

  • 0.41 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Basement

  • Partial Basement
  • Crawl Space

Parking

  • Parking Pad
  • Over 1 Space Per Unit

Schools

  • Bethesda Elementary School
  • Sweetwater Middle School
  • Berkmar High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units
  • Martin Heights Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,867

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1977
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .41
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space, Partial
  • Price Per Square Foot: 1053658

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Foundation Details: Block
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Over 1 Space per Unit, Parking Pad

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Water Individual Meters, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Bethesda
  • High School: Berkmar
  • High School Bus: No
  • Middle School: Sweetwater
  • Middle School Bus: No
  • Elementary School: Bethesda
  • Middle School: Sweetwater
  • High School: Berkmar

Lot Info

  • Deed Book: 55417
  • Deed Page: 644
  • Plat Book: 10586
  • Plat Page: 79

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3866.66

Multi Family

  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Seed Investco Llc
Bought by
Seed Curation Llc
Total Days on Market
146
Current Estimated Value
$406,373

Purchase Details

Listed on
Jul 19, 2023
Closed on
Jan 26, 2024
Sold by
Goel Abhinav K
Bought by
Seed Investco Llc
Seller's Agent
Rick Brockman
CDE Realty, Inc.
Buyer's Agent
Kevin Heery
Bolst, Inc.
List Price
$449,900
Sold Price
$432,000
Premium/Discount to List
-$17,900
-3.98%
Views
236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.56%

Purchase Details

Listed on
Jul 10, 2017
Closed on
Aug 25, 2017
Sold by
Thompson Don
Bought by
Goel Abhinav K and Khichi Sunny
Seller's Agent
Peter Marks
Method Real Estate Advisors
Buyer's Agent
Arvin Goel
Homeland Realty Group, LLC.
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.17%
Original Mortgage
$123,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1991
Sold by
Powell Robert N Nancy
Bought by
Thompson Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
8.53%
Mortgage Type
FHA

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 Buyer Sale Price Title Company
Seed Curation Llc -- --
Seed Investco Llc $1,175,000 --
Goel Abhinav K $165,000 --
Thompson Don $75,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goel Abhinav K $123,750
Previous Owner Thompson Donald R $60,000
Previous Owner Thompson Don R $64,222
Previous Owner Thompson Don $74,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $432,000 -4.0% $232 / Sq Ft
01/03/2024 01/03/24 For Sale $449,900 +4.1% $242 / Sq Ft
12/30/2023 12/30/23 Off Market $432,000 -- --
12/27/2023 12/27/23 For Sale $449,900 +4.1% $242 / Sq Ft
12/26/2023 12/26/23 Off Market $432,000 -- --
12/21/2023 12/21/23 For Sale $449,900 +4.1% $242 / Sq Ft
12/20/2023 12/20/23 Off Market $432,000 -- --
12/13/2023 12/13/23 Pending -- -- --
08/27/2023 08/27/23 For Sale $449,900 +4.1% $242 / Sq Ft
08/26/2023 08/26/23 Off Market $432,000 -- --
08/13/2023 08/13/23 For Sale $449,900 +4.1% $242 / Sq Ft
08/12/2023 08/12/23 Off Market $432,000 -- --
07/19/2023 07/19/23 For Sale $449,900 +172.7% $242 / Sq Ft
08/25/2017 08/25/17 Sold $165,000 0.0% $89 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $165,000 -- $89 / 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 $4,525 $107,320 $24,800 $82,520
2022 $3,867 $107,320 $24,800 $82,520
2021 $4,017 $94,680 $19,200 $75,480
2020 $2,918 $63,920 $12,640 $51,280
2019 $2,820 $63,920 $12,640 $51,280
2018 $2,807 $63,920 $12,640 $51,280
2016 $2,150 $49,960 $10,080 $39,880
2015 $1,651 $35,400 $6,800 $28,600
2014 -- $35,400 $6,800 $28,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10182403

Georgia MLS

APN: 6-154-093