NOT LISTED FOR SALE

5422 Bishops Cir Norcross, GA 30093

Estimated Value: $363,714 - $428,000

6 Beds
3 Baths
2,020 Sq Ft
$192/Sq Ft Est. Value

Last Sold June 13, 2012

Last sale price $60,000 $30 Per Sq Ft

Est. 548% increase in value since last sale

Current estimated payment $2,553/month

17 Days on Market

Highlights

  • Property is near public transit
  • Cul-De-Sac
  • Forced Air Heating System
  • McClure Health Science High School Rated A-

About This Home

As of June 2012

Exceptional Price on a Spacious Duplex in Prime Norcross. This unit leases quickly. It is only vacant so that the new buyers can easily view. This property offers investors great cash flow. Newer AC units. This property is being sold "AS IS" at this rock bottom price. Vacant and on lockbox. Hurry!!!!

Last Listed By

Robert Doyle

Keller Williams North Atlanta License #169134 Listed on: 05/15/2012

Keller Williams North Atlanta

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.75 Acre Lot
  • Cul-De-Sac

Parking

  • Driveway

Home Design

  • 2,020 Sq Ft Home
  • Duplex
  • Frame Construction
  • Ridge Vents on the Roof
  • Composition Roof

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near shops

Schools

  • Rockbridge - Gwinnett Elementary School
  • Lilburn Middle School
  • Mill Creek High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Community Details

  • 2 Units
  • Castleaire Subdivision

Listing and Financial Details

  • Legal Lot and Block 20 / A
  • Assessor Parcel Number 5422BishopsCIR

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1978
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Square Footage: 2020.00

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition, Ridge Vents

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Near Marta, Near Shopping, Public Transportation, Street Lights
  • Subdivision Complex: Castleaire

Fee Information

  • Annual Expenses: 3000

Schools

  • Elementary School: Rockbridge - Gwinnett
  • Middle School: Lilburn
  • High School: Mill Creek

Lot Info

  • Acres: 0.7500
  • Lot: 20
  • Land/Lot: 171
  • Plat Book: 47731
  • Plat Page: 692
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: .69 ACRES
  • Parcel Number: 5422BishopsCIR
  • Property Attached Yn: No

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 1541.00
  • Assessor Parcel Number: R6171-110
  • Close Date: 2012-06-13
  • Tax Year: 2011

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Rockbridge - Gwinnett
  • High School: Mill Creek
  • Middle School: Lilburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2012
Closed on
Jun 13, 2012
Sold by
Chowdhury Muhammad A
Bought by
Puszczak Mark
Seller's Agent
Robert Doyle
Keller Williams North Atlanta
Buyer's Agent
William Braswell
Bryant Realty, Inc.
List Price
$69,500
Sold Price
$60,000
Premium/Discount to List
-$9,500
-13.67%
Total Days on Market
17
Current Estimated Value
$388,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,679
Avg. Annual Appreciation
15.37%

Purchase Details

Closed on
Mar 2, 2010
Sold by
Wells Fargo Bk Na
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Jun 3, 2009
Sold by
Es Ent Llc
Bought by
Elias Hisham

Purchase Details

Closed on
Aug 25, 2008
Sold by
Elias Hisham
Bought by
Es Ents Llc

Purchase Details

Closed on
Feb 28, 2007
Sold by
National City Real Estate Svcs
Bought by
Elias Hisham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2007
Sold by
Deutsche Bank Trust Co America
Bought by
National City Real Estate Svcs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2006
Sold by
Shekoni Karen
Bought by
Deutsche Bk Trust Co Americas

Purchase Details

Closed on
Nov 18, 2005
Sold by
Rowen Erik
Bought by
Shekoni Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,985
Interest Rate
6.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 18, 2002
Sold by
Gwinco Assoc In
Bought by
Rowen Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1997
Sold by
Elliott Edwin T and Camerio Louis T
Bought by
Goetting Gretchen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
8.01%
Mortgage Type
New Conventional

Range of Values:

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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
Puszczak Mark $60,000 --
Federal Natl Mtg Assn Fnma -- --
Wells Fargo Bk Na $136,611 --
Elias Hisham -- --
Es Ents Llc -- --
Elias Hisham $141,000 --
National City Real Estate Svcs $141,000 --
Deutsche Bk Trust Co Americas $134,330 --
Shekoni Karen $159,900 --
Rowen Erik $146,000 --
Goetting Gretchen T $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elias Hisham $126,900
Previous Owner Shekoni Karen $23,985
Previous Owner Rowen Erik $116,800
Previous Owner Rowen Erik $21,900
Previous Owner Goetting Gretchen T $83,200
Previous Owner Goetting Gretchen T $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2012 06/13/12 Sold $60,000 -13.7% $30 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $69,500 -- $34 / 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 $4,781 $92,480 $16,000 $76,480
2022 $3,856 $92,480 $16,000 $76,480
2021 $2,639 $75,720 $16,000 $59,720
2020 $2,639 $57,600 $13,600 $44,000
2019 $2,555 $57,600 $13,600 $44,000
2018 $2,541 $57,600 $13,600 $44,000
2016 $2,331 $50,520 $11,200 $39,320
2015 $1,630 $30,022 $7,480 $22,542
2014 $1,824 $35,320 $8,800 $26,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5020248

First Multiple Listing Service (FMLS)

APN: 6-171-110