NOT LISTED FOR SALE

3077 Ferrite Loop Lawrenceville, GA 30044

Estimated Value: $371,000 - $493,000

4 Beds
2 Baths
1,862 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $162,000 $87 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,883/month

21 Days on Market

About This Home

As of August 2017

Great Duplex with a long term tenant and both tenants want to stay long term!! 24 hours minimum required to schedule an appointment, please do not disturb Tenants.

Last Agent to Sell the Property

Brent Hill

Atlanta Communities License #341718 Listed on: 07/05/2017

Atlanta Communities

Last Buyer's Agent

Monica Yin

Virtual Properties Realty. Biz License #357787

Virtual Properties Realty. Biz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,401

Year Built

  • Built in 1977

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Schools

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

Utilities

  • Central Heating
  • Underground Utilities

Community Details

  • 2 Units
  • Martin Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number R6154 056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,401

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1977
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Subdivision Complex: Martin Heights

Lot Info

  • Acres: 0.5000
  • Lot Features: Level, Sloped
  • Lot Dimensions: 0.41
  • Parcel Number: R6154 056
  • Property Attached Yn: No

Tax Info

  • Taxes: 2401.00
  • Tax Year: 2016

Multi Family

  • Number Of Units Total: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Spring Rain L L C
Bought by
Adio Akeem Olaide
Current Estimated Value
$432,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,500
Outstanding Balance
$412,449
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$20,209

Purchase Details

Closed on
Feb 12, 2018
Sold by
Guo Dan
Bought by
Spring Rain Llc

Purchase Details

Listed on
Jul 5, 2017
Closed on
Aug 31, 2017
Sold by
Best Properties Llc
Bought by
Guo Dan
Seller's Agent
Brent Hill
Atlanta Communities
Buyer's Agent
Monica Yin
Virtual Properties Realty. Biz
List Price
$160,000
Sold Price
$162,000
Premium/Discount to List
$2,000
1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%

Purchase Details

Closed on
Mar 27, 2009
Sold by
Homebanc Mtg Trust 2005-5
Bought by
Best Properties Llc

Purchase Details

Closed on
Jan 6, 2009
Sold by
Turner Mary L
Bought by
Homebanc Mortgage Trust 2005-5

Purchase Details

Closed on
Sep 28, 2005
Sold by
Atlanta International Real Estat
Bought by
Turner Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,700
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2005
Sold by
Governale Bernard C
Bought by
Atlanta International Real Estat

Purchase Details

Closed on
Jan 1, 1999
Sold by
Starnes Ray C
Bought by
Governale Bernard and C A-Etal
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adio Akeem Olaide $439,000 --
Spring Rain Llc -- --
Guo Dan $162,000 --
Best Properties Llc $68,000 --
Homebanc Mortgage Trust 2005-5 $136,283 --
Turner Mary L $163,400 --
Atlanta International Real Estat $100,000 --
Governale Bernard $80,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adio Akeem Olaide $417,500
Previous Owner Turner Mary L $130,700
Closed Governale Bernard --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $162,000 +1.3% $87 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $160,000 -- $86 / 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
2025 $7,292 $196,280 $18,000 $178,280
2024 $5,324 $130,000 $18,000 $112,000
2023 $5,324 $130,720 $24,800 $105,920
2022 $0 $110,520 $24,800 $85,720
2021 $4,118 $97,640 $19,200 $78,440
2020 $2,945 $64,800 $12,640 $52,160
2019 $2,846 $64,800 $12,640 $52,160
2018 $2,833 $64,800 $12,640 $52,160
2016 $2,401 $51,400 $10,080 $41,320
2015 $1,806 $34,000 $6,800 $27,200
2014 $1,803 $34,000 $6,800 $27,200
Source: Public Records

Agents Affiliated with this Home

  • Brent Hill

    Seller's Agent in 2017

    Brent Hill

    Atlanta Communities

    (404) 547-9011

    36 Total Sales

    Brent Hill
    Section Image
  • Monica Yin

    Buyer's Agent in 2017

    Monica Yin

    Virtual Properties Realty.BIZ

    (770) 696-3590

    2 in this area

    29 Total Sales

    Monica Yin
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5874286

First Multiple Listing Service (FMLS)

APN: 6-154-056

Georgia Gwinnett County Lawrenceville 30044

3077 Ferrite Loop, Lawrenceville, GA

Not Listed for Sale

MultiFamily

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