NOT LISTED FOR SALE

5303 Waverly Trace Norcross, GA 30093

Estimated Value: $828,000 - $1,002,367

-- Bed
-- Bath
5,473 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $950,000 $174 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,011/month

14 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Kitchen Appliances
  • McClure Health Science High School Rated A-
  • Cul-De-Sac
  • Accessible Washer and Dryer

About This Home

As of October 2023

Excellent Investment Opportunity! 4-sided brick Quad in Norcross! Each unit with Large 2 bed and 2.5 bath, All utilities separate metered. 5,473 SQF making it the largest Quad in Norcross and very spacious. $73,800 Yearly gross income. With month to month tenants for room to increaser further to market rents. New Roof, New gutters, and many interior upgrades. Showing during Due diligence only, please don't bother tenants! laundry connections in each unit with spacious floor plan and large bedrooms. Solid Income from great tenants!

Last Agent to Sell the Property

Suleman Simjee

Keller Williams Realty Atl Partners License #385483 Listed on: 09/23/2023

Keller Williams Realty Atl Partners

Last Buyer's Agent

Abraham Hagos

NOT A VALID MEMBER

NOT A VALID MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,704

Year Built

  • Built in 1984

Lot Details

  • 0.79 Acre Lot
  • Cul-De-Sac

Home Design

  • Quadruplex
  • Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Views of Woods

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Parking Lot

Accessible Home Design

  • Accessible Common Area
  • Kitchen Appliances
  • Accessible Washer and Dryer

Schools

  • Lilburn Elementary And Middle School
  • Meadowcreek High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Harbins Xing 02 Subdivision

Listing and Financial Details

  • Legal Lot and Block 17 / A
  • Assessor Parcel Number R6172 380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,704

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: L17 BA HARBINS CROSSING #2
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1984
  • Accessibility Features: Common Area, Accessible Kitchen Appliances, Accessible Washer/Dryer
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • View: Trees/Woods

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Harbins Xing 02

Lot Info

  • Acres: 0.7900
  • Lot: 17
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: x 55
  • Parcel Number: R6172 380
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 4704.00
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Lilburn
  • High School: Meadowcreek
  • Middle School: Lilburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Smed Llc
Bought by
Desta Ethiopia and Desta Sara
Current Estimated Value
$911,092

Purchase Details

Closed on
Dec 19, 2022
Sold by
Simjee Suleman Saeed
Bought by
5303 Waverly Trace Llc

Purchase Details

Closed on
Sep 30, 2022
Sold by
Simjee Suleman
Bought by
Simjee Suleman Saeed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2022
Sold by
Freedle James E
Bought by
Simjee Suleman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Desta Ethiopia -- --
5303 Waverly Trace Llc -- --
Simjee Suleman Saeed -- --
Simjee Suleman $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simjee Suleman Saeed $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $950,000 -3.6% $174 / Sq Ft
09/23/2023 09/23/23 For Sale $985,000 -- $180 / 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
2025 $14,619 $380,000 $82,760 $297,240
2024 $14,453 $371,120 $82,760 $288,360
2023 $14,453 $216,000 $41,400 $174,600
2022 $4,704 $100,000 $44,480 $55,520
2021 $4,706 $168,400 $44,480 $123,920
2020 $3,267 $168,400 $44,480 $123,920
2019 $3,173 $60,000 $14,400 $45,600
2018 $3,137 $60,000 $14,400 $45,600
2016 $2,515 $40,000 $14,400 $25,600
2015 $2,537 $40,000 $14,400 $25,600
2014 -- $40,000 $14,400 $25,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Suleman Simjee

    Keller Williams Realty Atl Partners

    (678) 252-1900

    3 in this area

    22 Total Sales

    Suleman Simjee
    Section Image

  • A

    Buyer's Agent in 2023

    Abraham Hagos

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7279872

First Multiple Listing Service (FMLS)

APN: 6-172-380

Georgia Gwinnett County Norcross 30093

5303 Waverly Trace, Norcross, GA

Not Listed for Sale

MultiFamily

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