$975,000
SOLD FEB 11, 2025

3846 Moran Way Norcross, GA 30092

-- Bed
-- Bath
4,712 Sq Ft
0.55 Acres

Recently Sold

$207 Per Sq Ft

2% Below List Price

70 Days on Market

Highlights

  • No HOA
  • Pinckneyville Middle School Rated A-
  • Central Heating and Cooling System

About This Home

As of February 2025

Turn key 4-unit Quadruplex is a great income producing asset. All units leased on long term, min 12 month basis. Each unit has 2 spacious bedrooms with its own private bathroom and a half bath in the main level. Unit C and D are newly renovated to modern style. All of the HVAC units are well maintained and recently serviced. All units have new stainless steal appliances, LVP flooring, 1 year old carpet upstairs. No HOA, no rent restrictions. This is a great opportunity to own a very limited number of quadruplex in the area. Tenants are currently occupying the property. Please do not disturb them. Showing during due diligence period only.

Last Agent to Sell the Property

Minesh Patel

BHGRE Metro Brokers License #339511 Listed on: 10/24/2024

BHGRE Metro Brokers

Last Buyer's Agent

Amanda Vanwinkle

Coldwell Banker Realty License #295151

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,973

Year Built

  • Built in 1982

Home Design

  • Quadruplex
  • Concrete Siding

Parking

  • 8 Parking Spaces
  • Over 1 Space Per Unit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Additional Features

  • 2-Story Property
  • 0.55 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 15 / A

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Spalding Bridge Subdivision

Building Details

  • Operating Expense $14,471
  • Gross Income $89,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,973

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1982
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .55
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Concrete
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Over 1 Space per Unit
  • ParkingTotal: 8

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot: 15
  • Deed Book: 60557
  • Deed Page: 667

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7973

Multi Family

  • GrossIncome: 89400
  • NumberOfUnitsTotal: 4
  • OperatingExpense: 14471

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Feb 11, 2025
Sold by
Patel Vimal
Bought by
Curry Jill and Curry Roy
Seller's Agent
Minesh Patel
BHGRE Metro Brokers
Buyer's Agent
Amanda Vanwinkle
Coldwell Banker Realty
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%
Total Days on Market
70
Views
126
Current Estimated Value
$975,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$848
Avg. Annual Appreciation
0.25%
Original Mortgage
$731,250
Outstanding Balance
$730,057
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$245,791

Purchase Details

Listed on
Mar 25, 2023
Closed on
Apr 25, 2023
Sold by
Nguyen Phuoc
Bought by
Patel Vimal
Seller's Agent
Jason Nguyen
NOT A VALID MEMBER
Buyer's Agent
Minesh Patel
BHGRE Metro Brokers
List Price
$819,000
Sold Price
$835,000
Premium/Discount to List
$16,000
1.95%
Views
228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$626,250
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2020
Closed on
May 28, 2020
Sold by
Khan Adnan
Bought by
Nguyen Phuoc
Seller's Agent
Sergey Davidenko
Maximum One Executive Realtors
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$559,000
Sold Price
$500,000
Premium/Discount to List
-$59,000
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.27%
Original Mortgage
$345,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2019
Closed on
Apr 15, 2019
Sold by
Postrelko Inna
Bought by
Khan Adnan and Farooqi Rezae E
Seller's Agent
Michelle Moss
Emerald Homes
Buyer's Agent
Sergey Davidenko
Maximum One Executive Realtors
List Price
$439,550
Sold Price
$404,900
Premium/Discount to List
-$34,650
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.73%
Original Mortgage
$318,400
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2004
Sold by
Pafford E W
Bought by
Postrelko Inna and Koyfman Naum M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
6.37%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Limited Warranty Deed $975,000 --
Warranty Deed $835,000 --
Warranty Deed $500,000 --
Warranty Deed $404,900 --
Vendors Lien $298,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $731,250 New Conventional
Previous Owner $626,250 New Conventional
Previous Owner $345,000 New Conventional
Previous Owner $318,400 New Conventional
Previous Owner $202,600 New Conventional
Previous Owner $238,400 Commercial
Previous Owner $29,800 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Sold $975,000 -2.5% $207 / Sq Ft
10/24/2024 10/24/24 For Sale $1,000,000 +19.8% $212 / Sq Ft
04/25/2023 04/25/23 Sold $835,000 +2.0% $177 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $819,000 +63.8% $174 / Sq Ft
05/28/2020 05/28/20 Sold $500,000 -10.6% $106 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $559,000 0.0% $119 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/05/2020 01/05/20 For Sale $559,000 +38.1% $119 / Sq Ft
04/15/2019 04/15/19 Sold $404,900 -7.9% $86 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $439,550 0.0% $93 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $439,550 -- $93 / 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 $12,920 $200,000 $70,000 $130,000
2022 $7,949 $200,000 $70,000 $130,000
2021 $7,032 $171,040 $51,320 $119,720
2020 $6,725 $161,960 $48,600 $113,360
2019 $4,821 $114,000 $28,000 $86,000
2018 $4,816 $114,000 $28,000 $86,000
2016 $3,886 $92,000 $28,000 $64,000
2015 $3,928 $92,000 $28,000 $64,000
2014 -- $50,000 $14,400 $35,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10401226

Georgia MLS

APN: 6-305-036