NOT LISTED FOR SALE

5299 Weyden Ct Unit 2 Norcross, GA 30071

Estimated Value: $935,000 - $1,180,643

8 Beds
8 Baths
4,864 Sq Ft
$217/Sq Ft Est. Value

Last Sold September 06, 2012

Last sale price $348,000 $72 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $7,013/month

78 Days on Market

Highlights

  • 2 Acre Lot
  • Cul-De-Sac
  • Central Heating
  • Paul Duke STEM High School Rated A+
  • Four Sided Brick Exterior Elevation

About This Home

As of September 2012

5299 -. This is an investor's dream. . Fully occupied and totally renovated - this cap rate exceeds 10%. Nothing to be done in building but collect rents each month. There is a reason these rents are as high as they are.. over $900 per unit: the condition of the units is exceptional with granite counter tops and wall to wall carpet. MUST SEE to believe. Seller also selling 5308 Weyden adjacent - same layout at same price for a total of 8 units if investor is interested

Last Agent to Sell the Property

Dianne Harnell-Cohen

Atlanta Fine Homes Sotheby's International License #342235 Listed on: 05/07/2012

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,564

Year Built

  • Built in 1983

Lot Details

  • 2 Acre Lot
  • Cul-De-Sac

Home Design

  • Quadruplex
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • Driveway Level
  • Parking Lot

Schools

  • Beaver Ridge Elementary School
  • Summerour Middle School

Utilities

  • Central Heating

Community Details

  • 8 Units
  • Wexford Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / A
  • Assessor Parcel Number 5299WeydenCT

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,564

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1983
  • Special Features: None

Property Details

  • Property: Residential Income

Beds/Baths

  • Total Bedrooms: 8
  • Total Full Baths: 8

Exterior Features

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

Garage/Parking

  • Parking Features: Level Driveway, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central

Condo/Co-op/Association

  • Subdivision Complex: Wexford Subdivision

Schools

  • Elementary School: Beaver Ridge
  • Middle School: Summerour
  • High School: Gwinnett - Other

Lot Info

  • Acres: 2.0000
  • Lot: 2
  • Land/Lot: 226
  • Plat Book: 20
  • Plat Page: 183
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: 1-2 acres
  • Parcel Number: 5299WeydenCT
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 8

Tax Info

  • Taxes: 5564.00
  • Assessor Parcel Number: 6-226-321
  • Close Date: 2012-09-06
  • Tax Year: 2011

MLS Schools

  • Elementary School: Beaver Ridge
  • High School: Gwinnett - Other
  • Middle School: Summerour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2012
Closed on
Sep 6, 2012
Sold by
Atlanta Properties Grp Llc
Bought by
Ekam Usa Llc
Seller's Agent
Dianne Harnell-Cohen
Atlanta Fine Homes Sotheby's International
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$838,000
Sold Price
$348,000
Premium/Discount to List
-$490,000
-58.47%
Total Days on Market
78
Current Estimated Value
$1,057,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$709,822
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
Dec 12, 2002
Sold by
Lisyansky Leonid
Bought by
Lisyansky Leonid and Lisyansky Lyudmila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1998
Sold by
Volpone Jr Perry and Victoria Ann
Bought by
Lisyansky Leonid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ekam Usa Llc $348,000 --
Lisyansky Leonid -- --
Lisyansky Leonid $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lisyansky Leonid $146,000
Previous Owner Lisyansky Leonid $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2012 09/06/12 Sold $348,000 -58.5% $72 / Sq Ft
07/24/2012 07/24/12 Pending -- -- --
05/07/2012 05/07/12 For Sale $838,000 -- $172 / 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
2023 $12,901 $216,000 $49,040 $166,960
2022 $1,325 $191,200 $66,800 $124,400
2021 $5,758 $175,560 $38,280 $137,280
2020 $5,802 $175,560 $38,280 $137,280
2019 $4,904 $120,400 $28,000 $92,400
2018 $3,986 $120,400 $28,000 $92,400
2016 $3,042 $92,000 $28,000 $64,000
2015 $3,874 $92,000 $28,000 $64,000
2014 $3,104 $92,000 $28,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5017112

First Multiple Listing Service (FMLS)

APN: 6-226-321