$405,000
SOLD MAR 8, 2022

389 Mimosa Dr Buford, GA 30518

4 Beds
2.5 Baths
1,914 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$212 Per Sq Ft

1% Above List Price

Highlights

  • RV Access or Parking
  • City View
  • Property is near public transit
  • Buford Elementary School Rated A
  • Deck
  • 4-minute walk to Ivy Creek Greenway

About This Home

As of March 2022

Location, Location, Location!!! A rare investment opportunity. Duplex, Corner Lot, Newer roof, and HVAC. Walk to Buford High or nearby shopping, restaurants and Historic Buford. Each unit is a 2 bedroom, 1.5 bath, back deck, shed for storage and laundry room. The potential estimated rent is $1500-$1600 per unit. The total estimated potential income is $3000 to $3200 per month. Low taxes, No HOA. Snap this one up now.

Last Agent to Sell the Property

Amy Fuchs

Keller Williams Realty Atlanta Partners License #351154 Listed on: 12/30/2021

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Abbie Shepherd

Keller Williams Realty Peachtree Rd. License #311455

Keller Williams Realty Peachtree Rd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $858

Year Built

  • Built in 1970

Lot Details

  • 9,148 Sq Ft Lot
  • Private Entrance
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,914 Sq Ft Home
  • 2-Story Property
  • Private Rear Entry
  • Entrance Foyer
  • City Views
  • Permanent Attic Stairs
  • Fire and Smoke Detector
  • White Kitchen Cabinets
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Parking

  • Parking Pad
  • Subterranean Parking
  • Parking Accessed On Kitchen Level
  • Driveway
  • On-Street Parking
  • RV Access or Parking
  • Unassigned Parking

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Buford Elementary And Middle School
  • Buford High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Association Phone (404) 000-0000
  • Richard Howard Properties Subdivision

Listing and Financial Details

  • Assessor Parcel Number R7295C054

Home Details

Home Type

Single Family

Est. Annual Taxes

$858

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1970
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Entrance Foyer, Permanent Attic Stairs, Walk-In Closet(s)
  • Kitchen Features: Cabinets White
  • Common Walls: End Unit
  • Additional Rooms: Other
  • Square Footage: 1914.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Split Bedroom Plan
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Private Front Entry, Private Rear Entry
  • View: City
  • Foundation: Slab

Garage/Parking

  • Parking Features: Driveway, Kitchen Level, Parking Pad, Unassigned, On Street, Underground, RV Access/Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Utilities: Electricity Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Public Transportation, Near Schools, Near Shopping
  • Hoa Contact Phone: 404-000-0000
  • Subdivision Complex: Richard-Howard Properties

Schools

  • Elementary School: Buford
  • Middle School: Buford
  • High School: Buford

Lot Info

  • Acres: 0.2100
  • Lot Features: Corner Lot, Level
  • Parcel Number: R7295C054
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 858.00
  • Assessor Parcel Number: R7295C-054
  • Close Date: 2022-03-08
  • Tax Year: 2021

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
Nov 4, 2021
Closed on
Mar 8, 2022
Sold by
Zacmac Properties Llc
Bought by
Shepherd Abbie and Shepherd Thomas
Seller's Agent
Amy Fuchs
Keller Williams Realty Atl. Partners
Buyer's Agent
Abbie Shepherd
Keller Williams Realty
List Price
$400,000
Sold Price
$405,000
Premium/Discount to List
$5,000
1.25%
Current Estimated Value
$473,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,995
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Jul 10, 2012
Sold by
Chinoy Carl H
Bought by
Zacmac 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 and Schweitzer Edwina
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
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
Warranty Deed $405,000 --
Warranty Deed -- --
Deed $140,000 --
Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $112,000 New Conventional
Previous Owner $85,500 New Conventional
Previous Owner $145,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2022 03/08/22 Sold $405,000 0.0% $212 / Sq Ft
03/08/2022 03/08/22 Sold $405,000 +1.3% $212 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $400,000 0.0% $209 / Sq Ft
01/25/2022 01/25/22 For Sale $400,000 0.0% $209 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
12/30/2021 12/30/21 Price Changed $400,000 0.0% $209 / Sq Ft
12/30/2021 12/30/21 For Sale $400,000 -4.8% $209 / Sq Ft
11/04/2021 11/04/21 For Sale $420,000 -- $219 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
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 $1,830 $127,560 $32,400 $95,160
2023 $1,830 $86,720 $21,600 $65,120
2022 $1,510 $105,200 $18,000 $87,200
2021 $858 $59,760 $12,000 $47,760
2020 $858 $59,760 $12,000 $47,760
2019 $699 $53,960 $12,000 $41,960
2018 $689 $53,200 $12,000 $41,200
2016 $497 $38,800 $8,000 $30,800
2015 $443 $33,360 $6,600 $26,760
2014 $450 $33,360 $6,600 $26,760
Source: Public Records

Agents Affiliated with this Home

  • Amy Fuchs

    Seller's Agent in 2022

    Amy Fuchs

    Keller Williams Realty Atl. Partners

    (404) 439-1031

    4 in this area

    46 Total Sales

    Amy Fuchs
    Section Image
  • Abbie Shepherd

    Buyer's Agent in 2022

    Abbie Shepherd

    Keller Williams Realty Peachtree Rd.

    (404) 275-5561

    2 in this area

    208 Total Sales

    Abbie Shepherd
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6984457

First Multiple Listing Service (FMLS)

APN: 7-295C-054

Georgia Gwinnett County Buford 30518

389 Mimosa Dr, Buford, GA

This home is located at 389 Mimosa Dr, Buford, GA 30518 and is currently priced at $405,000, approximately $211 per square foot. This property was built in 1970. 389 Mimosa Dr is a home located in Gwinnett County with nearby schools including Buford Elementary School, Buford Senior Academy, and Buford Academy.

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