NOT LISTED FOR SALE

493 Stone Mountain St Unit 13 Lawrenceville, GA 30046

Estimated Value: $527,742 - $739,000

8 Beds
8 Baths
4,288 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 24, 2014

Last sale price $212,500 $50 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $3,753/month

Highlights

  • Accessible Entrance
  • Energy-Efficient Windows
  • Level Lot
  • Four Sided Brick Exterior Elevation

About This Home

As of November 2014

All BRICK quad in excellent condition & fully rented! $90/month HOA fees covers lawncare & common areas. Each units has spacious kitchen/dining room combo with laundry. Pergo HW floors throughout kitchen and living room of all units! Great tenants in all units! Building T

Last Agent to Sell the Property

SHARON MCCARTHY

NOT A VALID MEMBER License #267948 Listed on: 09/29/2014

Last Buyer's Agent

Narendran Vellaisamy

Chapman Hall Professionals License #287396

Chapman Hall Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,588

Year Built

  • Built in 1972

Lot Details

  • 0.33 Acre Lot
  • Level Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,288 Sq Ft Home
  • Insulated Windows

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Varies By Unit
  • Driveway Level
  • Parking Lot

Schools

  • Lawrenceville Elementary School
  • J.E. Richards Middle School
  • Central Gwinnett High School

Additional Features

  • Accessible Entrance
  • Energy-Efficient Windows
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • 4 Units
  • Cherokee Court Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / B
  • Assessor Parcel Number 493StoneMountain13ST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,588

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1972
  • Accessibility Features: Accessible Entrance
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Square Footage: 4288.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 8
  • Total Full Baths: 8

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Level Driveway, Parking Lot, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Natural Gas

Condo/Co-op/Association

  • Community Features: Homeowners Assoc
  • Subdivision Complex: Cherokee Court

Schools

  • Elementary School: Lawrenceville
  • Middle School: J.E. Richards
  • High School: Central Gwinnett

Lot Info

  • Acres: 0.3300
  • Lot: 13
  • Land/Lot: 115
  • Deed Book: 49782
  • Deed Page: 883
  • Lot Features: Level
  • Lot Dimensions: .05
  • Parcel Number: 493StoneMountain13ST
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Multi Family

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

Tax Info

  • Taxes: 2588.00
  • Assessor Parcel Number: R5115-377
  • Close Date: 2014-11-24
  • Tax Year: 2013

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Lawrenceville
  • High School: Central Gwinnett
  • Middle School: J.E. Richards

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2014
Closed on
Nov 24, 2014
Sold by
Kassam Purnima T
Bought by
Kassam Purnima T and Kassam Rahim
Seller's Agent
SHARON MCCARTHY
NOT A VALID MEMBER
Buyer's Agent
Narendran Vellaisamy
Chapman Hall Professionals
List Price
$220,000
Sold Price
$212,500
Premium/Discount to List
-$7,500
-3.41%
Current Estimated Value
$606,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,081
Avg. Annual Appreciation
10.10%
Original Mortgage
$157,375
Outstanding Balance
$120,332
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
$486,249
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
Kassam Purnima T $212,500 --
Kassam Purnima T $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kassam Purnima T $157,375
Closed Kassam Purnima T $157,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2014 11/24/14 Sold $212,500 -3.4% $50 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
09/29/2014 09/29/14 For Sale $220,000 -- $51 / 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 $6,861 $214,400 $44,000 $170,400
2023 $6,861 $232,000 $44,000 $188,000
2022 $4,173 $130,000 $52,000 $78,000
2021 $4,264 $130,000 $52,000 $78,000
2020 $4,567 $139,440 $28,600 $110,840
2019 $3,720 $106,000 $28,000 $78,000
2018 $3,703 $106,000 $28,000 $78,000
2016 $2,597 $74,000 $28,000 $46,000
2015 $2,630 $74,000 $28,000 $46,000
2014 -- $72,000 $12,960 $59,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5349545

First Multiple Listing Service (FMLS)

APN: 5-115-377