NOT LISTED FOR SALE

5342 Lantern Place Norcross, GA 30093

Estimated Value: $258,000 - $317,051

3 Beds
2 Baths
1,545 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 18, 2022

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

Est. 28% increase in value since last sale

Current estimated payment $1,943/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 Listed By

Scott Fader

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

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
  • 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
Total Days on Market
5
Current Estimated Value
$285,763

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
12.16%

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

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
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

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Map

Source: Georgia MLS

MLS Number: 20023609

Georgia MLS

APN: 6-187-372