NOT LISTED FOR SALE

4392 Redgate Rd Norcross, GA 30093

Estimated Value: $589,029 - $759,000

-- Bed
-- Bath
4,800 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $415,000 $86 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,376/month

10 Days on Market

Highlights

  • 0.75 Acre Lot
  • Private Lot
  • Forced Air Heating System
  • McClure Health Science High School Rated A-

About This Home

As of June 2018

Fantastic fully tenanted investor opportunity currently yielding over 8% ROI based on current rents/taxes. This quadplex is just 5 mins off I-85 and convenient to I-285. There is a double master suite set up with each upstairs bedroom having its own full bath and a half bathroom for guests on the main level. Downstairs has a spacious living area with a fireplace. Each unit has a patio area with a storage building.

Last Agent to Sell the Property

BILL BRANNEN JR

Maximum One Greater Atlanta Realtors License #125358 Listed on: 04/12/2018

Maximum One Greater Atlanta Realtors

Last Buyer's Agent

Katy Kosari

Engel & Völkers Atlanta License #365878

Engel & Völkers Atlanta

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,359

Year Built

  • Built in 1984

Lot Details

  • 0.75 Acre Lot
  • Private Lot

Home Design

  • Quadruplex
  • Composition Roof

Parking

  • 2 Parking Spaces
  • Varies By Unit

Schools

  • Hopkins Elementary School
  • Lilburn Middle School
  • Norcross High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 4 Units
  • Redgate Commons Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / A
  • Assessor Parcel Number R6184 103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,359

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1984
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Cable Available

Condo/Co-op/Association

  • Subdivision Complex: Redgate Commons

Schools

  • Elementary School: Hopkins
  • Middle School: Lilburn
  • High School: Norcross

Lot Info

  • Acres: 0.7500
  • Lot: 16
  • Land/Lot: 184
  • Deed Book: 51403
  • Deed Page: 262
  • Lot Features: Private
  • Lot Dimensions: 1/2 to 3/4
  • Parcel Number: R6184 103
  • Property Attached Yn: No

Multi Family

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

Tax Info

  • Taxes: 4359.00
  • Assessor Parcel Number: R6184-103
  • Close Date: 2018-06-28
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Hopkins
  • High School: Norcross
  • Middle School: Lilburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
Ra Capital Group Llc
Bought by
Yavari Arash
Current Estimated Value
$682,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$404,106
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$277,901

Purchase Details

Closed on
Nov 15, 2018
Sold by
Mortazavi Ali
Bought by
Ra Capital Grp Llc

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jun 28, 2018
Sold by
Adcip Llc
Bought by
Mortazavi Ali
Seller's Agent
BILL BRANNEN JR
Maximum One Greater Atlanta Realtors
Buyer's Agent
Katy Kosari
Engel & Völkers Atlanta
List Price
$395,000
Sold Price
$415,000
Premium/Discount to List
$20,000
5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2012
Sold by
Builders Of Hope Inc
Bought by
Adcip Llc

Purchase Details

Closed on
Jan 18, 2012
Sold by
Stevens Louise E
Bought by
Wells Fargo Bank Na Trustee and C/O Ocwen Loan Servicing Llc

Purchase Details

Closed on
Jan 27, 1998
Sold by
Wiggins Jeanne M
Bought by
Stevens Louise E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
7.07%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yavari Arash $550,000 --
Ra Capital Grp Llc -- --
Mortazavi Ali $415,000 --
Adcip Llc $77,000 --
Builders Of Hope Inc $82,000 --
Wells Fargo Bank Na Trustee -- --
Stevens Louise E $221,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yavari Arash $412,500
Previous Owner Mortazavi Ali $300,000
Previous Owner Stevens Louise E $174,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2018 06/28/18 Sold $415,000 +5.1% $86 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $395,000 -- $82 / 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 $9,124 $220,000 $88,880 $131,120
2023 $9,124 $113,600 $43,360 $70,240
2022 $5,175 $168,400 $43,360 $125,040
2021 $7,159 $168,400 $43,360 $125,040
2020 $7,190 $168,400 $43,360 $125,040
2019 $5,255 $120,080 $28,000 $92,080
2018 $5,227 $120,080 $28,000 $92,080
2016 $4,320 $92,000 $28,000 $64,000
2015 $4,364 $92,000 $28,000 $64,000
2014 -- $92,000 $28,000 $64,000
Source: Public Records

Agents Affiliated with this Home

  • BILL BRANNEN JR

    Seller's Agent in 2018

    BILL BRANNEN JR

    Maximum One Greater Atlanta Realtors

    (678) 488-1030

    56 Total Sales

    BILL BRANNEN JR
    Section Image
  • Katy Kosari

    Buyer's Agent in 2018

    Katy Kosari

    Engel & Völkers Atlanta

    (404) 218-5554

    1 in this area

    49 Total Sales

    Katy Kosari
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5995405

First Multiple Listing Service (FMLS)

APN: 6-184-103

Georgia Gwinnett County Norcross 30093

4392 Redgate Rd, Norcross, GA

This home is located at 4392 Redgate Rd, Norcross, GA 30093 since 12 April 2018 and is currently estimated at $682,007, approximately $142 per square foot. This property was built in 1984. 4392 Redgate Rd is a home located in Gwinnett County with nearby schools including Ferguson Elementary School, Louise Radloff Middle School, and Meadowcreek High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

First Multiple Listing Service (FMLS) Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.

Nearby Homes