NOT LISTED FOR SALE

4190 Bowers Pointe Dr SW Lilburn, GA 30047

Estimated Value: $396,000 - $435,000

4 Beds
4 Baths
1,943 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $418,000 $215 Per Sq Ft

Current estimated payment $2,676/month

50 Days on Market

Highlights

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

About This Home

As of July 2024

Newly updated and fully occupied duplex, with tenants in place, paying solid rents! Roof, systems, interiors all updated prior to tenants signing leases. Each side has 2 bedrooms, 1.5 bathrooms. This ranch style duplex sits on an almost 3/4 acre lot in a fantastic area. Great schools, dining, and shopping nearby. Do not miss this opportunity to achieve passive income with this cash flowing property. Do NOT disturb tenants. Tours/showings not available until offer is accepted. NO seller financing available.

Last Agent to Sell the Property

Zak Elfenbein

Engel & Völkers Atlanta License #410988 Listed on: 05/16/2024

Engel & Völkers Atlanta

Last Buyer's Agent

Meryam Bilal

Maxima Realty License #437679

Maxima Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 0.69

Parking

  • 4 Parking Spaces

Home Design

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

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • 1-Story Property
  • 0.69 Acre Lot

Listing and Financial Details

  • The owner pays for cable TV, electricity, gas, sewer, garbage, water

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $39,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,236

Year Built

Built in 1986 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: X
  • Section: X
  • Year Built: 1986
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .69
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: None
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Other
  • 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

  • Land Lot: X
  • Lot: X
  • Deed Book: 60322
  • Deed Page: 616
  • Plat Book: X
  • Plat Page: X

Rental Info

  • Owner Pays: Cable TV, Electricity, Gas, Sewer, Garbage, Water

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5236

Multi Family

  • GrossIncome: 39300
  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Aug 1, 2024
Sold by
Colony Bank
Bought by
Bowers Drive Llc
Seller's Agent
Zak Elfenbein
Engel & Völkers Atlanta
Buyer's Agent
Meryam Bilal
Maxima Realty
List Price
$465,000
Sold Price
$418,000
Premium/Discount to List
-$47,000
-10.11%
Views
88
Current Estimated Value
$418,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$607
Avg. Annual Appreciation
0.12%

Purchase Details

Listed on
May 16, 2024
Closed on
Jul 26, 2024
Sold by
Bowers Drive Llc
Bought by
Mina Faraz Investment Llc
Seller's Agent
Zak Elfenbein
Engel & Völkers Atlanta
Buyer's Agent
Meryam Bilal
Maxima Realty
List Price
$465,000
Sold Price
$418,000
Premium/Discount to List
-$47,000
-10.11%
Views
88

Purchase Details

Closed on
Nov 22, 2022
Sold by
Delgado Shawn
Bought by
Bowers Drive Llc

Purchase Details

Closed on
Aug 28, 2001
Sold by
Delgado Joseph M
Bought by
Delgado Shawn and Delgado Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.98%
Mortgage Type
New Conventional

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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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 Buyer Sale Price Title Company
Bowers Drive Llc -- --
Mina Faraz Investment Llc $418,000 --
Bowers Drive Llc $1,488,000 --
Delgado Shawn $75,000 --
Delgado Shawn -- --
Delgado Edward Evelyn $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delgado Shawn $60,000
Closed Delgado Edward Evelyn $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $418,000 -7.1% $215 / Sq Ft
06/17/2024 06/17/24 Price Changed $450,000 -3.2% $232 / Sq Ft
05/16/2024 05/16/24 For Sale $465,000 0.0% $239 / Sq Ft
07/13/2023 07/13/23 Price Changed $1,650 -1.5% $2 / Sq Ft
07/01/2023 07/01/23 Rented $1,675 0.0% --
06/23/2023 06/23/23 For Rent $1,675 -- --
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 $5,475 $135,000 $20,000 $115,000
2023 $5,475 $128,800 $29,200 $99,600
2022 $3,734 $88,200 $16,000 $72,200
2021 $3,756 $88,200 $16,000 $72,200
2020 $3,275 $74,520 $16,000 $58,520
2019 $3,161 $74,520 $16,000 $58,520
2018 $2,747 $63,040 $12,800 $50,240
2016 $2,144 $44,720 $10,000 $34,720
2015 $2,162 $44,720 $10,000 $34,720
2014 -- $44,720 $10,000 $34,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10300267

Georgia MLS

APN: 6-125-228