NOT LISTED FOR SALE

3127 Sloping Terrace Unit 1 Snellville, GA 30078

Estimated Value: $659,141 - $770,000

8 Beds
6 Baths
4,960 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $320,000 $65 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,731/month

13 Days on Market

Highlights

  • Private Lot
  • Three Sided Brick Exterior Elevation
  • Forced Air Heating System
  • Cul-De-Sac

About This Home

As of May 2017

Great Investment Opportunity Near HWY 78 & 124. 3 side brick Quad with Tenants in all 4 units. Each unit has 2 BR 1.5 Bath with fireplace. Separate dining room. Separate meters for each unit. COMPLETE ROOF REPLACED 5 YEARS AGO!! Please Check outside only. DO NOT DISTURB TENANTS. Inside access during the due-diligence period. EASY TO RENT AREA!!

Last Agent to Sell the Property

ABRAHAM THOMASLast Name

Georgia Turnkey Realty, LLC. License #250630 Listed on: 04/01/2017

Last Buyer's Agent

CHARLENE LEWIS

Virtual Properties Realty.com License #274054

Virtual Properties Realty.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,370

Year Built

  • Built in 1984

Lot Details

  • 0.75 Acre Lot
  • Cul-De-Sac
  • Private Lot
  • Level Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Parking

  • 2 Parking Spaces
  • Varies By Unit
  • Driveway
  • Parking Lot

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Overlook Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / A
  • Assessor Parcel Number R6051 149

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,370

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1984
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Parking Lot, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Forced Air, Natural Gas

Condo/Co-op/Association

  • Subdivision Complex: OVERLOOK TERRACE

Fee Information

  • Annual Expenses: 4250

Lot Info

  • Acres: 0.7500
  • Lot: 4
  • Plat Book: 22
  • Plat Page: 160
  • Lot Features: Cul-De-Sac, Level, Private
  • Lot Dimensions: .76
  • Parcel Number: R6051 149
  • Property Attached Yn: No

Tax Info

  • Taxes: 4370.00
  • Tax Year: 2015

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Britt
  • High School: South Gwinnett
  • Middle School: Snellville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2017
Closed on
May 5, 2017
Sold by
Thomas Abraham
Bought by
Getachew Yonatan
Seller's Agent
ABRAHAM THOMASLast Name
Georgia Turnkey Realty, LLC.
Buyer's Agent
CHARLENE LEWIS
Virtual Properties Realty.com
List Price
$339,900
Sold Price
$320,000
Premium/Discount to List
-$19,900
-5.85%
Current Estimated Value
$734,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,785
Avg. Annual Appreciation
10.17%
Original Mortgage
$314,204
Outstanding Balance
$257,832
Interest Rate
3.8%
Mortgage Type
FHA
Estimated Equity
$476,953

Purchase Details

Closed on
Oct 22, 1998
Sold by
Eckersley Roy R and Eckersley Susan B
Bought by
Morsberger Emory
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Getachew Yonatan $320,000 --
Morsberger Emory $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Getachew Yonatan $314,204
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $320,000 -5.9% $65 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $339,900 0.0% $69 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
04/02/2017 04/02/17 Price Changed $339,900 +6.3% $69 / Sq Ft
04/01/2017 04/01/17 For Sale $319,900 -- $64 / 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 $10,342 $257,200 $93,280 $163,920
2024 $9,206 $222,080 $93,280 $128,800
2023 $9,206 $200,000 $53,320 $146,680
2022 $7,848 $188,800 $66,000 $122,800
2021 $6,187 $141,040 $34,640 $106,400
2020 $6,211 $141,040 $34,640 $106,400
2019 $5,231 $118,960 $28,000 $90,960
2018 $5,193 $118,960 $28,000 $90,960
2016 $4,326 $92,000 $28,000 $64,000
2015 $4,370 $92,000 $28,000 $64,000
2014 $4,388 $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: 5827068

First Multiple Listing Service (FMLS)

APN: 6-051-149