$372,000
SOLD NOV 22, 2022

4200 Bowers Pointe Dr SW Lilburn, GA 30047

-- Bed
-- Bath
1,943 Sq Ft
0.67 Acres

Recently Sold

$191 Per Sq Ft

7% Below List Price

37 Days on Market

Highlights

  • City View
  • Detached Garage
  • 1-Story Property
  • Knight Elementary School Rated A-
  • Ceramic Tile Flooring
  • Brick Front

About This Home

As of July 2024

Attention INVESTORS AND SAVVY FIRST-TIME BUYERS! Hard-to-find PARKVIEW High School district, tenant-occupied duplex is available. Owner is willing to finance for 5 years, at 7% with 20% down, balloon payment after. Both units are currently paying on time with 4200 on month-to-month lease and 4202 lease ends 10/31/22, with a 30-day notice clause. The 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 4200 has carpet and vinyl throughout the main areas. A white range, white dishwasher, and stainless-steel refrigerator are in place in the kitchen. The water heater year is 2004 and HVAC is 2005. Unit 4202 has new luxury vinyl plank flooring throughout! The kitchen features new white shaker cabinets and a newer stainless-steel range, dishwasher, and refrigerator. A cozy fireplace is the living room. Baths have new white shaker vanities. HVAC is older but working well and the water heater is 2019, and the Units are well maintained. Units are individually metered for gas, electricity, and water. 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 STRONG 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 Atlanta Partners License #361521 Listed on: 09/06/2022

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Zak Elfenbein

Engel & Völkers Atlanta License #410988

Engel & Völkers Atlanta

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,635

Year Built

  • Built in 1980

Lot Details

  • 0.67 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1-Story Property
  • City Views

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • Detached Garage
  • Driveway

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • 2 Units
  • River Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number R6125 229

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,635

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: L1 BB RIVER POINTE 1
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1980
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Window Features: None

Exterior Features

  • Construction Materials: Brick Front, Fiber Cement, Vinyl Siding
  • Roof Type: Composition
  • View: City

Garage/Parking

  • Parking Features: Detached, Driveway, Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: River Pointe

Fee Information

  • Annual Expenses: 4625

Schools

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

Lot Info

  • Acres: 0.6700
  • Deed Book: 24452
  • Deed Page: 215
  • Lot Features: Level
  • Lot Dimensions: x 106
  • Parcel Number: R6125 229
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 3635.00
  • Assessor Parcel Number: R6125-229
  • Close Date: 2022-11-22
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 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
Sazzad Hussain
Maxima Realty
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%
Views
189
Current Estimated Value
$404,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,362
Avg. Annual Appreciation
-4.04%
Original Mortgage
$403,750
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2024
Closed on
Jul 25, 2024
Sold by
Bowers Drive Llc
Bought by
Das Nipa and Sattani Sana Kasim
Seller's Agent
Zak Elfenbein
Engel & Völkers Atlanta
Buyer's Agent
Sazzad Hussain
Maxima Realty
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%
Views
189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
6.86%
Mortgage Type
New Conventional

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 Atlanta 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
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%

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 Charles R
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 Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $425,000 --
Warranty Deed $1,488,000 --
Deed $75,000 --
Quit Claim Deed -- --
Deed $75,000 --
Deed $73,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $403,750 New Conventional
Previous Owner $60,000 New Conventional
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $425,000 0.0% $219 / Sq Ft
05/17/2024 05/17/24 Price Changed $425,000 -4.5% $219 / Sq Ft
04/22/2024 04/22/24 Price Changed $445,000 -1.1% $229 / Sq Ft
04/03/2024 04/03/24 For Sale $449,900 +20.9% $232 / Sq Ft
11/22/2022 11/22/22 Sold $372,000 -7.0% $191 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $400,000 0.0% $206 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $400,000 -- $206 / 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 $5,415 $133,600 $20,000 $113,600
2023 $5,415 $124,760 $29,200 $95,560
2022 $3,614 $85,240 $16,000 $69,240
2021 $3,635 $85,240 $16,000 $69,240
2020 $3,228 $73,600 $16,000 $57,600
2019 $3,116 $73,600 $16,000 $57,600
2018 $2,651 $60,680 $12,800 $47,880
2016 $2,091 $43,600 $10,000 $33,600
2015 $2,110 $43,600 $10,000 $33,600
2014 -- $43,600 $10,000 $33,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7110669

First Multiple Listing Service (FMLS)

APN: 6-125-229