NOT LISTED FOR SALE

3837 Moran Way Norcross, GA 30092

-- Bed
-- Bath
4,672 Sq Ft
0.75 Acres

Last Sold September 18, 2018

Last sale price $360,000 $77 Per Sq Ft

Highlights

  • Property is near public transit
  • High-Efficiency Water Heater
  • Level Lot
  • Pinckneyville Middle School Rated A-
  • Central Heating and Cooling System

About This Home

As of September 2018

Fantastic FULLY-RENTED Quad in a heavy demand area for rentals. Great location to access retail shopping and to get to the highways. Long term tenants occupy the units; with current lease extended through until one year from now!!! Well-kept property with well kept landscaping makes this property desirable. Seller motivated but SOLD AS IS WITH NO DISCLOSURES Cash offers preferred.

Last Agent to Sell the Property

Vijay Bahl

Lotus Property Investments, LLC. License #182011 Listed on: 08/21/2018

Last Buyer's Agent

Chrishena Stanley

STK Property Group, LLC License #321840

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,670

Year Built

  • Built in 1982

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 104x181x162x152
  • Level Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Ridge Vents on the Roof
  • Composition Roof
  • Cedar

Parking

  • 8 Parking Spaces
  • Driveway Level
  • Parking Lot

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Peachtree Elementary School
  • Pinckneyville Middle School
  • Norcross High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • High-Efficiency Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Spalding Bridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / A
  • Assessor Parcel Number R6305 030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,670

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1982
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Cedar, Frame
  • Roof Type: Composition, Ridge Vents

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking Features: Driveway, Level Driveway, Parking Lot

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Street Lights
  • Subdivision Complex: Spalding Bridge

Lot Info

  • Acres: 0.7500
  • Lot: 9
  • Lot Features: Level
  • Lot Dimensions: 104x181x162x152
  • Parcel Number: R6305 030
  • Property Attached Yn: No

Green Features

  • Efficiency: Doors, Insulation, Thermostat, Water Heater

Tax Info

  • Taxes: 4670.00
  • Tax Year: 2017

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Peachtree
  • High School: Norcross
  • Middle School: Pinckneyville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2019
Sold by
Karta Elad
Bought by
Lead Real Estate Llc

Purchase Details

Listed on
Aug 21, 2018
Closed on
Sep 18, 2018
Sold by
Patel Nanu D
Bought by
Karta Elad
Seller's Agent
Vijay Bahl
Lotus Property Investments, LLC.
Buyer's Agent
Chrishena Stanley
STK Property Group, LLC
List Price
$370,000
Sold Price
$360,000
Premium/Discount to List
-$10,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2005
Sold by
Calicol Investment Llc
Bought by
Patel Nanu D and Patel Jasu N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,950
Interest Rate
5.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2001
Sold by
Parets Maurice G and Parets Bertha
Bought by
Calico Invst Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2001
Sold by
Calicol Invst Llc
Bought by
Parets Bertha and Parets Maurice G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 1999
Sold by
Parets Maurice G and Parets Bertha
Bought by
Calicol Investments Llc

Purchase Details

Closed on
Aug 12, 1999
Sold by
Eigel Stephen C and Eigel Suzanne M
Bought by
Parets Maurice and Parets Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,450
Interest Rate
7.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 1998
Sold by
Eigel Timothy J and Eigel Brigid Anne
Bought by
Eigel Stephen C and Eigel Suzanne M
Source: Public Records

Range of Values:

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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
Lead Real Estate Llc -- --
Karta Elad $360,000 --
Patel Nanu D $319,900 --
Calico Invst Llc -- --
Parets Bertha -- --
Calicol Investments Llc $1,000 --
Parets Maurice $210,500 --
Eigel Stephen C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karta Elad $270,000
Previous Owner Patel Nanu D $159,950
Previous Owner Parets Bertha $193,000
Previous Owner Parets Maurice $189,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2018 09/18/18 Sold $360,000 -2.7% $77 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $370,000 -- $79 / 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 $12,012 $319,000 $54,360 $264,640
2024 $11,904 $313,000 $54,360 $258,640
2023 $11,904 $216,000 $50,200 $165,800
2022 $7,904 $199,200 $69,600 $129,600
2021 $7,176 $175,560 $40,160 $135,400
2020 $7,197 $175,560 $40,160 $135,400
2019 $4,803 $114,000 $28,000 $86,000
2018 $4,799 $114,000 $28,000 $86,000
2016 $3,592 $84,000 $28,000 $56,000
2015 $3,630 $84,000 $28,000 $56,000
2014 $2,682 $72,000 $14,400 $57,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6057198

First Multiple Listing Service (FMLS)

APN: 6-305-030