NOT LISTED FOR SALE

3886 Moran Way Norcross, GA 30092

Estimated Value: $729,120 - $893,000

-- Bed
-- Bath
4,512 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $450,000 $100 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,298/month

Highlights

  • Private Lot
  • Cul-De-Sac
  • Brick Front
  • Pinckneyville Middle School Rated A-
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

HARD TO FIND QUADRAPLEX IN DESIRABLE CITY OF PEACHTREE CORNERS .......ALL UNITS ARE CURRENTLY RENTED......HIGHLY DEMANDING RENTAL AREA PRODUCES GREAT INCOME......EACH UNIT HAS 2 BEDROOM + 2.5 BATH.......LONG TERM TENANTS CREATE STABLE INCOME FLOWS.......EXCEPTIONAL INVESTMENT PROPERTY.

Last Agent to Sell the Property

Dallwon Suh

Choice Realty License #182927 Listed on: 01/21/2020

Co-Listed By

YOUNG MI SUH

NOT A VALID MEMBER License #262533

Last Buyer's Agent

Dianna Zheng

True Legacy Realty, LLC. License #364771

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,797

Year Built

  • Built in 1982

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 66x244x183x106
  • Cul-De-Sac
  • Private Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Brick Front

Interior Spaces

  • 1-Story Property

Parking

  • Driveway
  • Paved Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Phone Available

Community Details

  • 4 Units
  • Spalding Bridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 27 / A
  • Assessor Parcel Number R6305 048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,797

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
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick Front, Frame
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Spalding Bridge

Schools

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

Lot Info

  • Acres: 0.4800
  • Lot: 27
  • Lot Features: Cul-De-Sac, Private
  • Lot Dimensions: 66x244x183x106
  • Parcel Number: R6305 048
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Tax Info

  • Taxes: 4797.00
  • Assessor Parcel Number: R6305-048
  • Close Date: 2020-02-27
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 27, 2020
Sold by
Supul Hyun
Bought by
Choi Benjamin and Ou Kar Wey
Seller's Agent
Dallwon Suh
Choice Realty
Buyer's Agent
Dianna Zheng
True Legacy Realty, LLC.
List Price
$379,900
Sold Price
$450,000
Premium/Discount to List
$70,100
18.45%
Current Estimated Value
$821,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,530
Avg. Annual Appreciation
11.28%
Original Mortgage
$337,500
Outstanding Balance
$298,904
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$522,626

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jul 22, 2013
Sold by
Freeport Title & Guaranty
Bought by
Supul Hyun
Seller's Agent
Candace Deshe
Cottage & Castle Realty, LLC
Buyer's Agent
Dallwon Suh
Choice Realty
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%

Purchase Details

Closed on
Nov 20, 2009
Sold by
Rozin Spencer and Rozin Nora
Bought by
3886 Moran Way Land Trust

Purchase Details

Closed on
Mar 8, 2007
Sold by
Jp Morgan Chase Bank
Bought by
Horizon Homes & Properties Llc

Purchase Details

Closed on
Nov 7, 2006
Sold by
Ross Marie
Bought by
Jp Morgan Chase Bk

Purchase Details

Closed on
Jan 31, 2001
Sold by
Moore Ira J and Moore Marian L
Bought by
Lal Altaf A and Lal Renu B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,700
Interest Rate
7.18%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 1997
Sold by
Jewkes Gary D and Jewkes Becky
Bought by
Strategic Investment Solutions

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.97%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Choi Benjamin $450,000 --
Supul Hyun $275,000 --
3886 Moran Way Land Trust -- --
Horizon Homes & Properties Llc $310,000 --
Jp Morgan Chase Bk $292,403 --
Lal Altaf A $273,000 --
Strategic Investment Solutions $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Benjamin $337,500
Previous Owner Lal Altaf A $245,700
Previous Owner Strategic Investment Solutions $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2020 02/27/20 Sold $450,000 +18.5% $100 / Sq Ft
01/27/2020 01/27/20 For Sale $379,900 0.0% $84 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $379,900 0.0% $84 / Sq Ft
06/14/2014 06/14/14 Rented $700 -6.7% --
05/15/2014 05/15/14 Under Contract -- -- --
04/14/2014 04/14/14 For Rent $750 0.0% --
07/22/2013 07/22/13 Sold $275,000 0.0% $61 / Sq Ft View Prior Sale
06/27/2013 06/27/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $275,000 -- $61 / 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
2024 $11,300 $295,760 $61,960 $233,800
2023 $11,300 $180,000 $63,200 $116,800
2022 $7,229 $180,000 $63,200 $116,800
2021 $7,173 $175,560 $45,760 $129,800
2020 $7,195 $175,560 $45,760 $129,800
2019 $4,801 $114,000 $28,000 $86,000
2018 $4,797 $114,000 $28,000 $86,000
2016 $3,867 $92,000 $28,000 $64,000
2015 $3,908 $92,000 $28,000 $64,000
2014 -- $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: 6669650

First Multiple Listing Service (FMLS)

APN: 6-305-048