NOT LISTED FOR SALE

5342 Lantern Place Norcross, GA 30093

Estimated Value: $264,000 - $323,564

3 Beds
2 Baths
1,545 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $223,000 $144 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,956/month

5 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Forced Air Heating and Cooling System
  • McClure Health Science High School Rated A-
  • 1-Story Property
  • Level Lot

About This Home

As of March 2022

Investor Opportunity in Norcross. Single Family home located in a quiet neighborhood ! Home needs TLC. This 3-bedroom, 2-bath home has an attached car garage on 0.28 acres. No HOA - No Rental Restrictions. This property has brand new roof and newer water heater. Great location! Conveniently located close to schools, shops, restaurants, parks, entertainment! Just minutes from I-85 and I-285! The property is currently tenant-occupied.

Last Agent to Sell the Property

Scott Fader

Joseph Walter Realty, LLC License #414203 Listed on: 03/04/2022

Last Buyer's Agent

Olga Druzhinina

HomeSmart License #348977

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,620

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1,545 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Meadowcreek Elementary School
  • Louise Radloff Middle School
  • Meadowcreek High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Kings Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,620

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • ArchitecturalStyle: Other
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .28
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1545
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: None
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1545
  • Above Grade Finished Sq Ft: 1545
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Flooring: Other
  • Price Per Square Foot: 144.34

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Other
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Meadowcreek
  • High School: Meadowcreek
  • Middle School: Louise Radloff
  • Elementary School: Meadowcreek
  • Middle School: Louise Radloff
  • High School: Meadowcreek

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2022
Sold by
Iskhakov Oleg G
Bought by
Dela Vega Chavez Jonathan Alexan
Current Estimated Value
$289,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,665
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2022
Closed on
Mar 16, 2022
Sold by
Q9 Property Solutions Llc
Bought by
Iskhakov Oleg G
Seller's Agent
Scott Fader
Joseph Walter Realty, LLC
Buyer's Agent
Olga Druzhinina
HomeSmart
List Price
$220,000
Sold Price
$223,000
Premium/Discount to List
$3,000
1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
Jun 29, 2005
Sold by
Rodriguez Luis O
Bought by
Torres Samuel and Torres Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1999
Sold by
Rodriguez Luis O
Bought by
Rodriguez Luis O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,337
Interest Rate
7.23%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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
Dela Vega Chavez Jonathan Alexan $235,000 --
Iskhakov Oleg G $223,000 --
Q9 Property Solutions Llc $210,000 --
Torres Samuel $131,000 --
Rodriguez Luis O -- --
Rodriguez Luis O $101,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dela Vega Chavez Jonathan Alexan $43,665
Previous Owner Torres Samuel $104,800
Previous Owner Rodriguez Luis O $95,657
Previous Owner Rodriguez Luis O $100,337
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $223,000 +1.4% $144 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $220,000 -- $142 / Sq Ft
Source: Georgia MLS

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 $4,305 $94,000 $23,200 $70,800
2022 $3,444 $87,920 $14,400 $73,520
2021 $2,620 $63,880 $14,400 $49,480
2020 $2,633 $63,880 $14,400 $49,480
2019 $2,198 $54,080 $11,200 $42,880
2018 $2,195 $54,080 $11,200 $42,880
2016 $1,799 $42,280 $8,800 $33,480
2015 $1,511 $33,600 $6,400 $27,200
2014 -- $33,600 $6,400 $27,200
Source: Public Records

Agents Affiliated with this Home

  • Scott Fader

    Seller's Agent in 2022

    Scott Fader

    Joseph Walter Realty, LLC

    (248) 390-8242

    7 in this area

    2,443 Total Sales

    Scott Fader
    Section Image
  • Olga Druzhinina

    Buyer's Agent in 2022

    Olga Druzhinina

    HomeSmart

    (678) 925-1216

    4 in this area

    127 Total Sales

    Olga Druzhinina
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20023609

Georgia MLS

APN: 6-187-372

Georgia Gwinnett County Norcross 30093

5342 Lantern Place, Norcross, GA

This home is located at 5342 Lantern Place, Norcross, GA 30093 since 04 March 2022 and is currently estimated at $289,141, approximately $187 per square foot. This property was built in 1979. 5342 Lantern Place is a home located in Gwinnett County with nearby schools including Meadowcreek Elementary School, Louise Radloff Middle School, and Meadowcreek High School.

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