NOT LISTED FOR SALE

4160 Bowers Pointe Dr SW Lilburn, GA 30047

Estimated Value: $381,000 - $408,000

4 Beds
4 Baths
1,943 Sq Ft
$203/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $372,000 $191 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,547/month

37 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Central Heating and Cooling System
  • Knight Elementary School Rated A-
  • 1-Story Property

About This Home

As of November 2022

Attention investors! Hard-to-find Parkview High School district, tenant-occupied duplex is available. Owner is willing to finance for 5 years, 20% down, at 7%, with a balloon payment after. Both units are currently on month-to-month leases with 30-day notice clause. Top rated school district and convenient location make this an ideal location for investors. Each unit has 2 bedrooms, 1 full and 1 half bath. Tenants are current on rent! Unit 4160 has tile throughout the main areas and carpeted bedrooms. A white range, dishwasher, and refrigerator are in place in the kitchen. HVAC and water heater years are 2014 and 2022. Unit 4162 HVAC is 2012, and has all tile floors, newer Kitchen wood cabinets, newer vanities, and fireplace. Units are well maintained. So many strategies with this property-buy and hold, fix it up and bring it to market value, etc! DO NOT DISTURB TENANTS, PLEASE! Showing only during due diligence. Take advantage of the flourishing rental market and add this investment duplex to your portfolio. Close to highways, shopping, and restaurants.

Last Agent to Sell the Property

Janet Hitzel

Keller Williams Realty Atl. Partners License #361521 Listed on: 09/06/2022

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Zak Elfenbein

Engel & Völkers Atlanta License #410988

Engel & Völkers Atlanta

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,751

Year Built

  • Built in 1986

Lot Details

  • 0.53 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Press Board Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace

Parking

  • 4 Parking Spaces
  • Parking Pad
  • Over 1 Space Per Unit
  • Off-Street Parking

Schools

  • Knight Elementary School
  • Trickum Middle School
  • Parkview High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • The owner pays for garbage

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • River Pointe Subdivision

Building Details

  • Operating Expense $4,751
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,751

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1986
  • Financing Type: Other
  • Levels: One
  • Lot Size Acres: .53
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 754717

Exterior Features

  • Construction Materials: Brick, Press Board, Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Over 1 Space per Unit, Detached, Off Street, Parking Pad
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Central
  • Sewer: Septic Tank
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Knight
  • High School: Parkview
  • Middle School: Trickum
  • Elementary School: Knight
  • Middle School: Trickum
  • High School: Parkview

Lot Info

  • Deed Book: 24452
  • Deed Page: 76

Rental Info

  • Owner Pays: Garbage

Multi Family

  • Total Fireplaces: 1
  • GrossIncome: 21600
  • NumberOfUnitsTotal: 2
  • OperatingExpense: 4751

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Nov 22, 2022
Sold by
Delgado Shawn
Bought by
Bowers Drive Llc
Seller's Agent
Janet Hitzel
Keller Williams Realty Atl. Partners
Buyer's Agent
Zak Elfenbein
Engel & Völkers Atlanta
List Price
$400,000
Sold Price
$372,000
Premium/Discount to List
-$28,000
-7%
Views
9
Current Estimated Value
$394,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,461
Avg. Annual Appreciation
2.08%
Original Mortgage
$915,000
Outstanding Balance
$436,361
Interest Rate
7.08%
Mortgage Type
Mortgage Modification
Estimated Equity
-$41,900

Purchase Details

Closed on
Aug 28, 2001
Sold by
Delgado Edward and Delgado Evelyn
Bought by
Delgado Shawn and Delgado Deborah

Purchase Details

Closed on
Sep 8, 1995
Sold by
Georgia Duplexes Inc
Bought by
Delgado Edward Evelyn
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Bowers Drive Llc $1,488,000 --
Delgado Shawn -- --
Delgado Edward Evelyn $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowers Drive Llc $915,000
Closed Delgado Edward Evelyn $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $372,000 -7.0% $191 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $400,000 -- $206 / 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
2024 $5,470 $135,000 $20,000 $115,000
2023 $5,470 $128,800 $29,200 $99,600
2022 $3,729 $88,200 $16,000 $72,200
2021 $3,751 $88,200 $16,000 $72,200
2020 $3,271 $74,520 $16,000 $58,520
2019 $3,157 $74,520 $16,000 $58,520
2018 $2,743 $63,040 $12,800 $50,240
2016 $2,139 $44,720 $10,000 $34,720
2015 $2,158 $44,720 $10,000 $34,720
2014 $2,167 $44,720 $10,000 $34,720
Source: Public Records

Agents Affiliated with this Home

  • Janet Hitzel

    Seller's Agent in 2022

    Janet Hitzel

    Keller Williams Realty Atl. Partners

    (678) 825-7382

    10 in this area

    118 Total Sales

    Janet Hitzel
    Section Image

  • Z

    Buyer's Agent in 2022

    Zak Elfenbein

    Engel & Völkers Atlanta

    (305) 582-6422

    7 in this area

    46 Total Sales

    Zak Elfenbein
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10089353

Georgia MLS

APN: 6-125-225

Georgia Gwinnett County Lilburn 30047

4160 Bowers Pointe Dr SW, Lilburn, GA

This home is located at 4160 Bowers Pointe Dr SW, Lilburn, GA 30047 since 06 September 2022 and is currently estimated at $394,461, approximately $203 per square foot. This property was built in 1986. 4160 Bowers Pointe Dr SW is a home located in Gwinnett County with nearby schools including Knight Elementary School, Trickum Middle School, and Parkview High School.

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