NOT LISTED FOR SALE

383 Mimosa Dr Buford, GA 30518

Estimated Value: $438,213 - $525,000

4 Beds
4 Baths
2,046 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $446,000 $218 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,679/month

142 Days on Market

Highlights

  • Central Heating and Cooling System
  • Level Lot
  • 3-minute walk to Ivy Creek Greenway
  • Buford Elementary School Rated A+
  • Carpet

About This Home

As of February 2025

Prime investment property located inside city limits of Buford directly across the street from Buford High School. This property has 2-bedrooms and 1.5-bathrooms on each side and was recently updated. The property has tremendous income potential and has stable tenants. Each side has a full kitchen, washer and dryer, bathroom and living room on the first floor and 2 bedrooms and a full bathroom upstairs. The property has 4 parking spaces in the back and is in a prime location right near Buford City Hall and the new Buford High football stadium.

Last Agent to Sell the Property

Jeff Hester

Lifestyles Realty Georgia, Inc. License #410646 Listed on: 09/13/2024

Lifestyles Realty Georgia, Inc.

Last Buyer's Agent

Jorge Morejon

The Gates Real Estate Group, Inc. License #305342

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,258

Year Built

  • Built in 1970

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • Parking Lot

Schools

  • Buford Elementary And Middle School
  • Buford High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number R7295C055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,258

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1970
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Carpet, Laminate
  • Window Features: None

Exterior Features

  • Construction Materials: Brick
  • Roof Type: Composition
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available

Lot Info

  • Acres: 0.1700
  • Lot Features: Level
  • Parcel Number: R7295C055
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Taxes: 1258.00
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Buford
  • High School: Buford
  • Middle School: Buford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Feb 28, 2025
Sold by
Delegge Donald Thomas
Bought by
Cabrera Marvelle Jaramilio and Cruz Natividad Carbrera
Seller's Agent
Jeff Hester
Lifestyles Realty Georgia, Inc.
Buyer's Agent
Jorge Morejon
The Gates Real Estate Group, Inc.
List Price
$485,000
Sold Price
$446,000
Premium/Discount to List
-$39,000
-8.04%
Views
146
Current Estimated Value
$480,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,553
Avg. Annual Appreciation
9.53%

Purchase Details

Listed on
Jun 5, 2021
Closed on
Sep 1, 2021
Sold by
Holy Spirit Properties Llc
Bought by
Delegge Donald Thomas
Seller's Agent
Carol Cranford
RE/MAX Around Atlanta Realty
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$379,900
Sold Price
$389,900
Premium/Discount to List
$10,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$262,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2012
Sold by
Chinoy Carl H
Bought by
Holy Spirit Properties Llc

Purchase Details

Closed on
Aug 6, 2002
Sold by
Patton George B
Bought by
Chinoy Carl H and Chinoy Marissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2001
Sold by
Schweitzer Raymond L and Schweitzer Edwina L
Bought by
Patton George B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 1995
Sold by
Briggs Betty J
Bought by
Schweitzer Raymond L Edwina
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
Cabrera Marvelle Jaramilio $446,000 --
Delegge Donald Thomas $389,900 --
Holy Spirit Properties Llc -- --
Chinoy Carl H $140,000 --
Patton George B $95,000 --
Schweitzer Raymond L Edwina $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delegge Donald Thomas $262,500
Previous Owner Chinoy Carl H $112,000
Previous Owner Patton George B $85,500
Closed Schweitzer Raymond L Edwina $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $446,000 -8.0% $218 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
09/13/2024 09/13/24 For Sale $485,000 +24.4% $237 / Sq Ft
09/01/2021 09/01/21 Sold $389,900 +2.6% $204 / Sq Ft View Prior Sale
07/25/2021 07/25/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $379,900 -2.6% $198 / Sq Ft
06/22/2021 06/22/21 Off Market $389,900 -- --
06/05/2021 06/05/21 For Sale $379,900 -- $198 / 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 $1,849 $128,880 $32,400 $96,480
2024 $1,849 $128,880 $32,400 $96,480
2023 $1,849 $87,680 $21,600 $66,080
2022 $1,530 $106,600 $18,000 $88,600
2021 $866 $60,320 $12,000 $48,320
2020 $866 $60,320 $12,000 $48,320
2019 $705 $54,440 $12,000 $42,440
2018 $697 $53,800 $12,000 $41,800
2016 $501 $39,120 $8,000 $31,120
2015 $446 $33,600 $6,600 $27,000
2014 -- $33,600 $6,600 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7456964

First Multiple Listing Service (FMLS)

APN: 7-295C-055