NOT LISTED FOR SALE

5562 Bishops Cir Unit 1 Norcross, GA 30093

Estimated Value: $400,152 - $444,000

5 Beds
2.5 Baths
2,796 Sq Ft
$151/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $145,000 $52 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $2,751/month

57 Days on Market

Highlights

  • Private Lot
  • McClure Health Science High School Rated A-
  • Four Sided Brick Exterior Elevation

About This Home

As of February 2015

This Duplex is in a great location and priced well. Great investment opportunity! Tenants are now leasing 2 bedrooms unit for $750 plus utilities. 3 bedrooms unit currently owner occupied. Four sided brick, water heater and HVAC are less than 5 years old. Owner closed septic tank and connected to Public water. Laminate floors are in both units The total Sq. Ft. for both units is 2796.

Last Listed By

Bella Ilyabayeva

Virtual Properties Realty.com License #359479 Listed on: 12/05/2014

Virtual Properties Realty.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 1974

Lot Details

  • 0.5 Acre Lot
  • Private Lot
  • Level Lot

Home Design

  • Duplex
  • Four Sided Brick Exterior Elevation

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Parking Spaces
  • Varies By Unit
  • Driveway

Schools

  • Hopkins Elementary School
  • Radloff Middle School
  • Meadowcreek High School

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Castelaire Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / A
  • Assessor Parcel Number 5562BishopsCIR

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,404

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1974
  • Special Features: None

Property Details

  • Property: Residential Income

Beds/Baths

  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Total Half Baths: 1

Exterior Features

  • Construction Materials: Brick 4 Sides

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Natural Gas

Condo/Co-op/Association

  • Subdivision Complex: Castelaire

Schools

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

Lot Info

  • Acres: 0.5000
  • Lot: 4
  • Land/Lot: 0172
  • Plat Book: 42531
  • Plat Page: 166
  • Lot Features: Level, Private
  • Lot Dimensions: 0.47 Acres
  • Parcel Number: 5562BishopsCIR
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 2

Tax Info

  • Taxes: 1404.00
  • Assessor Parcel Number: R6172-050
  • Close Date: 2015-02-27
  • Tax Year: 2013

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2014
Closed on
Feb 27, 2015
Sold by
Shimonov Mikhail
Bought by
Martinez Maria
Seller's Agent
Bella Ilyabayeva
Virtual Properties Realty.com
Buyer's Agent
Bella Ilyabayeva
Virtual Properties Realty.com
List Price
$155,900
Sold Price
$145,000
Premium/Discount to List
-$10,900
-6.99%
Total Days on Market
57
Current Estimated Value
$421,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,788
Avg. Annual Appreciation
11.19%

Purchase Details

Closed on
Apr 27, 2005
Sold by
Shimonov Rakhail
Bought by
Shimonov Mikhail

Purchase Details

Closed on
Jun 12, 2001
Sold by
Shimonov Mikhail
Bought by
Monticello Bk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
7.14%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 30, 1996
Sold by
Crowe Michael B Robbie L
Bought by
Shimonov Mikhail Rakhu

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
Martinez Maria $145,000 --
Shimonov Mikhail $141,000 --
Monticello Bk -- --
Shimonov Mikhail Rakhu $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shimonov Mikhail $42,000
Previous Owner Shimonov Mikhail $107,500
Closed Shimonov Mikhail Rakhu $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $145,000 -7.0% $52 / Sq Ft
01/31/2015 01/31/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $155,900 -- $56 / 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 $4,944 $119,320 $16,000 $103,320
2022 $4,842 $119,320 $16,000 $103,320
2021 $4,119 $97,880 $16,000 $81,880
2020 $4,138 $97,880 $16,000 $81,880
2019 $3,798 $92,160 $16,000 $76,160
2018 $3,240 $76,480 $13,600 $62,880
2016 $2,630 $58,000 $11,200 $46,800
2015 $1,902 $42,560 $8,800 $33,760
2014 -- $42,560 $8,800 $33,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5373330

First Multiple Listing Service (FMLS)

APN: 6-172-050