$268,500
SOLD MAR 31, 2016

4 Spring St Buford, GA 30518

-- Bed
-- Bath
3,250 Sq Ft
0.5 Acres

Recently Sold

$83 Per Sq Ft

4% Below List Price

Highlights

  • Corner Lot
  • Buford Elementary School Rated A
  • Four Sided Brick Exterior Elevation

About This Home

As of March 2020

Nice quadraplex in the City of Buford with top rated schools! Perfect for investors looking to purchase a steady income producing property that will increase in value and always stay rented. New 50 year roof, and new paint & carpet in two units. Wonderful tenants who all want to stay. Awesome location in downtown Buford, within walking distance to shops and restaurants, and only a couple of miles from the schools. All units currently leased at $650/month.

Last Agent to Sell the Property

Tracy Cousineau

Real Estate Expert Advisors Llc License #208619 Listed on: 02/17/2016

Co-Listed By

Melissa Reed

Piedmont Residential Realty, LLC. License #281304

Last Buyer's Agent

Tommy Slappey

Peggy Slappey Properties Inc. License #105261

Peggy Slappey Properties Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $990

Year Built

  • Built in 1965

Lot Details

  • 0.5 Acre Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Parking

  • 2 Parking Spaces
  • Varies By Unit

Schools

  • Buford Elementary And Middle School
  • Buford High School

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number R7294C060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$990

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1965
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Acres: 0.5000
  • Plat Book: 00
  • Lot Features: Corner Lot
  • Lot Dimensions: .26
  • Parcel Number: R7294C060
  • Property Attached Yn: No

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 4

Tax Info

  • Taxes: 990.00
  • Assessor Parcel Number: R7294C-060
  • Close Date: 2016-03-31
  • Tax Year: 2015

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
Sep 11, 2019
Closed on
Mar 6, 2020
Sold by
Gonzalez Maria Marisol
Bought by
Rodmary Properties Llc
Seller's Agent
Tommy Slappey
Peggy Slappey Properties Inc.
Buyer's Agent
Trenna Gordon
Berkshire Hathaway HomeServices Georgia Properties
List Price
$424,900
Sold Price
$390,000
Premium/Discount to List
-$34,900
-8.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Outstanding Balance
$190,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2016
Closed on
Mar 31, 2016
Sold by
Torgerson Christopher
Bought by
Grace Properties Of Buford Llc
Seller's Agent
Tracy Cousineau
Real Estate Expert Advisors Llc
Buyer's Agent
Tommy Slappey
Peggy Slappey Properties Inc.
List Price
$279,900
Sold Price
$268,500
Premium/Discount to List
-$11,400
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%

Purchase Details

Closed on
May 30, 2013
Sold by
Dcf Holdings Llc
Bought by
Torgerson Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,901
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2004
Sold by
Melnicoff James B
Bought by
Dcf Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2002
Sold by
Burgandy Road Land Tr
Bought by
Melnicoff James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.53%
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $390,000 --
Warranty Deed $268,500 --
Warranty Deed $186,500 --
Warranty Deed $185,000 --
Foreclosure Deed $210,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $273,000 New Conventional
Previous Owner $131,901 Commercial
Previous Owner $322,296 Commercial
Previous Owner $208,000 Commercial
Previous Owner $85,000 Commercial
Previous Owner $189,000 Commercial
Previous Owner $180,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Rented $1,300 0.0% --
01/31/2022 01/31/22 For Rent $1,300 0.0% --
03/06/2020 03/06/20 Sold $390,000 -8.2% $120 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $424,900 0.0% $131 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
12/31/2019 12/31/19 For Sale $424,900 +8.9% $131 / Sq Ft
12/29/2019 12/29/19 Off Market $390,000 -- --
11/05/2019 11/05/19 Price Changed $424,900 -1.2% $131 / Sq Ft
10/14/2019 10/14/19 For Sale $430,000 0.0% $132 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $430,000 0.0% $132 / Sq Ft
09/14/2019 09/14/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $430,000 +60.1% $132 / Sq Ft
03/31/2016 03/31/16 Sold $268,500 -4.1% $83 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $279,900 0.0% $86 / Sq Ft
02/08/2016 02/08/16 Rented $650 0.0% --
01/09/2016 01/09/16 Under Contract -- -- --
01/05/2016 01/05/16 For Rent $650 -- --
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 $2,767 $192,800 $36,000 $156,800
2023 $2,767 $160,000 $36,000 $124,000
2022 $2,239 $156,000 $54,800 $101,200
2021 $2,139 $149,080 $23,400 $125,680
2020 $2,139 $149,080 $23,400 $125,680
2019 $1,488 $114,800 $28,000 $86,800
2018 $1,488 $114,800 $28,000 $86,800
2016 $956 $74,600 $28,000 $46,600
2015 $990 $74,600 $28,000 $46,600
2014 -- $74,600 $28,000 $46,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5648723

First Multiple Listing Service (FMLS)

APN: 7-294C-060