NOT LISTED FOR SALE

3877 Moran Way Norcross, GA 30092

Estimated Value: $627,172 - $938,000

8 Beds
12 Baths
4,512 Sq Ft
$180/Sq Ft Est. Value

Last Sold February 20, 2014

Last sale price $245,000 $54 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $5,265/month

7 Days on Market

Highlights

  • Accessible Entrance
  • Pinckneyville Middle School Rated A-
  • Level Lot

About This Home

As of February 2014

Investors Alert! Fantastic Quadraplex in great location. All units currently occupied. Income of $3,0000/mo. No HOA! New Siding!! Renovated units feature cozy fireplaces, tile floors, granite countertops in the kitchen and bathrooms.Beautiful stained cabinets and backsplash in the kitchen. A comfortable place anyone would love to call home. Take advantage of this income producing property today!

Last Agent to Sell the Property

Katie Clack Braswell

Re/Max Towne Square License #273888 Listed on: 01/29/2014

Re/Max Towne Square

Co-Listed By

Towne Square Team

Re/Max Towne Square

Last Buyer's Agent

Nancy Sachs

NOT A VALID MEMBER License #54619

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,686

Year Built

  • Built in 1982

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Quadruplex
  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms

Schools

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

Additional Features

  • Accessible Entrance
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Spalding Bridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 31 / A
  • Assessor Parcel Number 3877MoranWAY

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,686

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
  • Accessibility Features: Accessible Entrance
  • Special Features: None

Property Details

  • Property: Residential Income

Beds/Baths

  • Total Bedrooms: 8
  • Total Full Baths: 8
  • Total Half Baths: 4

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Parking Features: Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Natural Gas

Condo/Co-op/Association

  • Subdivision Complex: Spalding Bridge

Lot Info

  • Acres: 0.5000
  • Lot: 31
  • Lot Features: Level
  • Lot Dimensions: .45 Acre
  • Parcel Number: 3877MoranWAY
  • Property Attached Yn: No

Tax Info

  • Taxes: 2686.00
  • Tax Year: 2013

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2014
Closed on
Feb 20, 2014
Sold by
Felix Dexter
Bought by
Flx Apts Llc
Seller's Agent
Katie Clack Braswell
Re/Max Towne Square
Buyer's Agent
Nancy Sachs
NOT A VALID MEMBER
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$810,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,293
Avg. Annual Appreciation
10.67%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Aurora Ln Svcs Llc
Bought by
Tran Sang and Tannu Huong

Purchase Details

Closed on
May 6, 2008
Sold by
Davenport Cynthia
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Nov 6, 2006
Sold by
Meyer Michael A
Bought by
Davenport Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 1998
Sold by
Singh Vinod K and Singh Ram G
Bought by
Meyer Michael A and Gera Lakhm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.65%
Mortgage Type
Commercial
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
Flx Apts Llc $245,000 --
Felix Dexter $245,000 --
Tran Sang $77,700 --
Aurora Loan Services Llc $243,800 --
Davenport Cynthia $340,000 --
Meyer Michael A $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davenport Cynthia $340,000
Previous Owner Meyer Michael A $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2014 02/20/14 Sold $245,000 0.0% $54 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $245,000 -- $54 / 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 $12,024 $319,000 $55,200 $263,800
2024 $11,330 $296,200 $55,200 $241,000
2023 $11,330 $216,000 $50,960 $165,040
2022 $7,916 $199,200 $69,600 $129,600
2021 $7,188 $175,560 $40,760 $134,800
2020 $7,209 $175,560 $40,760 $134,800
2019 $4,816 $114,000 $28,000 $86,000
2018 $4,811 $114,000 $28,000 $86,000
2016 $3,881 $92,000 $28,000 $64,000
2015 $3,923 $92,000 $28,000 $64,000
2014 $3,389 $92,000 $28,000 $64,000
Source: Public Records

Agents Affiliated with this Home

  • Towne Square Team

    Seller Co-Listing Agent in 2014

    Towne Square Team

    RE/MAX

    (678) 517-0633

    77 Total Sales

    Towne Square Team
    Section Image

  • N

    Buyer's Agent in 2014

    Nancy Sachs

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5244785

First Multiple Listing Service (FMLS)

APN: 6-305-052

Georgia Gwinnett County Norcross 30092

3877 Moran Way, Norcross, GA

Not Listed for Sale

MultiFamily

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