NOT LISTED FOR SALE

5488 Langhorn Way Norcross, GA 30093

Estimated Value: $371,000 - $453,813

4 Beds
3 Baths
-- Sq Ft
0.56 Acres

Last Sold June 25, 2024

Last sale price $440,000

Est. 4% decrease in value since last sale

Current estimated payment $2,675/month

19 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Central Heating and Cooling System
  • McClure Health Science High School Rated A-
  • 1-Story Property

About This Home

As of June 2024

Finally, a beautiful, well located and tremendous investment duplex available in Norcross!!! This is your chance to own this investment property and have the possibility to start building a great financial wealth for your future. These lovely units are both renovated with new kitchen cabinets, granite counter tops and backsplash, tile bathrooms and floors, more than half acre of level corner lot. Unit A has three wide bedrooms and 2 full bathrooms, Unit B comes with two large bedrooms and one full bathroom. Both units have front porch and back patio overlooking to a private backyard. Tenants are on a month-to-month lease and are willing to stay if the new owner prefers that way. For sale AS-IS. Appointments only once confirmed by the listing agent. Agents, please USE SHOWTIME to schedule your showings and wait for confirmation. Don't text the listing agent to schedule showings, ONLY SHOWTIME. This duplex is a true gem, and it will go fast!

Last Agent to Sell the Property

Enmanuela De La Cruz

Crye-Leike Realtors License #259103 Listed on: 05/08/2024

Crye-Leike Realtors

Last Buyer's Agent

Enamul Haque

Maxima Realty License #260541

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 1974

Lot Details

  • 0.56

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Parking

  • 2 Parking Spaces
  • Carport
  • Parking Accessed On Kitchen Level

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Lilburn Elementary And Middle School
  • Meadowcreek High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Septic Tank

Additional Features

  • 1-Story Property
  • 0.56 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Units
  • Castlemaire Subdivision

Listing and Financial Details

  • Legal Lot and Block 18 / C

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,498

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .56
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Attached, Carport, Kitchen Level
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air, Gas
  • Heating: Central, Natural Gas
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Walk To Public Transit, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Land Lot: 18
  • Lot: 18
  • Deed Book: 57299
  • Deed Page: 747
  • Plat Book: 57299
  • Plat Page: 747

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4498

Multi Family

  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jul 1, 2024
Sold by
Gutierrez Carlos
Bought by
Ibrahim Farhan Mohammad
Seller's Agent
Enmanuela De La Cruz
Crye-Leike Realtors
Buyer's Agent
Enamul Haque
Maxima Realty
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Total Days on Market
19
Views
32
Current Estimated Value
$420,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,797
Avg. Annual Appreciation
0.21%
Original Mortgage
$330,000
Outstanding Balance
$326,954
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$114,184

Purchase Details

Listed on
Jan 10, 2020
Closed on
Feb 6, 2020
Sold by
Gutierrez Carlos
Bought by
Gutierrez Carlos and Gutierriz Maria G
Seller's Agent
Anthony Gioia
All County Expert Property Management
Buyer's Agent
Enmanuela De La Cruz
Crye-Leike Realtors, Inc.
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%
Original Mortgage
$145,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2020
Closed on
Feb 5, 2020
Sold by
Dong Kevin
Bought by
Gutierriez Carlos
Seller's Agent
Anthony Gioia
All County Expert Property Management
Buyer's Agent
Enmanuela De La Cruz
Crye-Leike Realtors, Inc.
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2018
Closed on
May 25, 2018
Sold by
Milhomme Walner
Bought by
Dong Kevin and Bowen Li
Seller's Agent
Jan Spenard
HomeSmart
Buyer's Agent
Chris Tran
Atlanta Communities
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%

Purchase Details

Closed on
Oct 25, 2006
Sold by
Yoon Jeong W
Bought by
Milhomme Walner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
6.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 30, 2004
Sold by
Nelson Michael E and Nelson Mary M
Bought by
Yoon Jeong W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
5.53%
Mortgage Type
New Conventional
Source: Public Records

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
Ibrahim Farhan Mohammad $440,000 --
Gutierrez Carlos -- --
Gutierriez Carlos $235,000 --
Dong Kevin $185,000 --
Milhomme Walner $174,900 --
Yoon Jeong W $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibrahim Farhan Mohammad $330,000
Previous Owner Gutierriez Carlos $145,000
Previous Owner Milhomme Walner $17,500
Previous Owner Milhomme Walner $139,900
Previous Owner Yoon Jeong W $151,900
Previous Owner Nelson Michael E $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $440,000 -7.4% --
05/27/2024 05/27/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $475,000 +102.1% --
02/06/2020 02/06/20 Sold $235,000 +21361.2% --
01/20/2020 01/20/20 Pending -- -- --
01/16/2020 01/16/20 Rented $1,095 0.0% --
01/10/2020 01/10/20 For Sale $235,000 0.0% --
01/09/2020 01/09/20 For Rent $1,095 0.0% --
05/25/2018 05/25/18 Sold $185,000 -7.5% --
05/09/2018 05/09/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $199,900 0.0% --
05/01/2018 05/01/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $199,900 -- --
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
2024 $5,474 $134,920 $18,000 $116,920
2023 $5,474 $107,880 $16,000 $91,880
2022 $4,430 $107,880 $16,000 $91,880
2021 $3,251 $74,000 $16,000 $58,000
2020 $3,264 $74,000 $16,000 $58,000
2019 $2,769 $74,000 $16,000 $58,000
2018 $2,783 $63,680 $13,600 $50,080
2016 $2,379 $51,040 $11,200 $39,840
2015 $1,866 $35,840 $8,800 $27,040
2014 $1,872 $35,840 $8,800 $27,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10296249

Georgia MLS

APN: 6-171-138