NOT LISTED FOR SALE

5365 Lambert Dr Unit B-6 Norcross, GA 30093

Estimated Value: $205,000 - $234,000

3 Beds
2 Baths
1,225 Sq Ft
$115/mo HOA Fee

Last Sold November 20, 2015

Last sale price $79,500 $65 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,533/month

6 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Private Yard
  • McClure Health Science High School Rated A-
  • End Unit
  • Formal Dining Room

About This Home

As of November 2015

Awesome investment opportunity for a continual passive income stream! Great way to grow or start your real estate portfolio! It’s like your personal 401K! Well maintained/low maintenance rental condos, sought after rentals with very high occupancy. Up to 4 units available. Each unit has living room with fireplace, ample parking, laundry, fenced patio area; most with gas grills & extra storage. Originally built as duplexes & converted to condos. Tenant occupied MUST have AT LEAST 24-48 HOURS NOTICE FOR SHOWINGS! P&L, rent rolls & condo docs available upon request.

Last Agent to Sell the Property

Deborah Braun

Keller Williams Rlty, First Atlanta License #242253 Listed on: 11/03/2015

Keller Williams Rlty, First Atlanta

Last Buyer's Agent

Avi Shemesh

Chapman Hall Realty License #330606

Chapman Hall Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $807

Year Built

  • Built in 1980

Lot Details

  • End Unit
  • No Units Located Below
  • Fenced
  • Private Yard
  • Front Yard

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Patio Home
  • Garden Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Carpet
  • Open Access
  • Laundry in Hall

Kitchen

  • Gas Range
  • Dishwasher
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • Parking Pad
  • Driveway

Outdoor Features

  • Courtyard
  • Patio
  • Outdoor Gas Grill

Schools

  • Hopkins Elementary School
  • Lilburn Middle School
  • Meadowcreek High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Energy-Efficient Windows
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 6 / A
  • Assessor Parcel Number R6172 688

Community Details

Overview

  • $200 Initiation Fee
  • Argonne Forest Condominiums Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$807

Year Built

Built in 1980

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Garden (1 Level), Patio Home, Traditional
  • Property Condition: Resale
  • Year Built: 1980
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Factory Built, Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator
  • Interior Amenities: High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Pantry
  • Common Walls: End Unit, No One Below
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1225.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Exterior Features: Courtyard, Gas Grill, Private Yard

Garage/Parking

  • Parking Features: Driveway, Parking Pad

Utilities

  • Security: Fire Alarm, Open Access, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: In Hall
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Pest Control, Reserve Fund, Termite
  • Community Features: Homeowners Assoc, Public Transportation
  • Association Fee: 115
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Argonne Forest Condominiums

Lot Info

  • Lot: 6
  • Plat Book: 3
  • Plat Page: 47
  • Lot Features: Front Yard
  • Parcel Number: R6172 688
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Windows

Rental Info

  • Initiation Fee: 200

Tax Info

  • Taxes: 807.00
  • Tax Year: 2014

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2015
Closed on
Nov 20, 2015
Sold by
Grove Environmental Svcs Inc
Bought by
Niv Ronen
Seller's Agent
Deborah Braun
Keller Williams Rlty, First Atlanta
Buyer's Agent
Avi Shemesh
Chapman Hall Realty
List Price
$82,500
Sold Price
$79,500
Premium/Discount to List
-$3,000
-3.64%
Current Estimated Value
$218,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,934
Avg. Annual Appreciation
10.58%

Purchase Details

Closed on
Jul 31, 2007
Sold by
Lopez Roberto
Bought by
Grove Environmental Svcs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,905
Interest Rate
6.65%
Mortgage Type
Trade
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Niv Ronen $79,500 --
Grove Environmental Svcs Inc $99,900 --
Lopez Roberto $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Roberto $113,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $79,500 -3.6% $65 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
11/03/2015 11/03/15 For Sale $82,500 -- $67 / 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 $3,273 $83,400 $14,000 $69,400
2024 $2,861 $83,400 $14,000 $69,400
2023 $2,861 $73,640 $14,800 $58,840
2022 $2,036 $62,840 $8,400 $54,440
2021 $1,959 $46,080 $6,000 $40,080
2020 $1,968 $46,080 $6,000 $40,080
2019 $1,393 $31,520 $6,000 $25,520
2018 $1,387 $31,520 $6,000 $25,520
2016 $1,403 $31,520 $6,000 $25,520
2015 $1,195 $25,200 $4,000 $21,200
2014 $807 $14,200 $4,000 $10,200
Source: Public Records

Agents Affiliated with this Home

  • Deborah Braun

    Seller's Agent in 2015

    Deborah Braun

    Keller Williams Rlty, First Atlanta

    (404) 372-9556

    23 Total Sales

    Deborah Braun
    Section Image
  • Avi Shemesh

    Buyer's Agent in 2015

    Avi Shemesh

    Chapman Hall Realty

    (404) 663-3735

    2 in this area

    64 Total Sales

    Avi Shemesh
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5614720

First Multiple Listing Service (FMLS)

APN: 6-172-688

Georgia Gwinnett County Norcross 30093

5365 Lambert Dr Unit B-6, Norcross, GA

Not Listed for Sale

Condos

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