NOT LISTED FOR SALE

5573 Bishops Cir Norcross, GA 30093

Estimated Value: $394,934 - $422,000

5 Beds
2 Baths
2,588 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $350,000 $135 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,737/month

6 Days on Market

Highlights

  • View of Trees or Woods
  • Corner Lot
  • 1-Story Property
  • McClure Health Science High School Rated A-
  • Security Gate
  • Four Sided Brick Exterior Elevation

About This Home

As of August 2022

Great opportunity to own an income-producing duplex in Gwinnett County. Both units have long term tenants that are currently month-to-month. Duplex is on a large lot, and both units have separately fenced backyard space. Each unit has its own driveway.
Unit A: 2 bed/1 bath w/screened in porch
Unit B: 3 bed/1 1/2 bath

Last Listed By

Alexis Robinson

NOT A VALID MEMBER License #403521 Listed on: 07/07/2022

NOT A VALID MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,926

Year Built

  • Built in 1973

Lot Details

  • 0.54 Acre Lot
  • Back Yard Fenced
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Views of Woods
  • Security Gate

Parking

  • 4 Parking Spaces
  • Driveway Level

Schools

  • Lilburn Elementary And Middle School
  • Meadowcreek High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Castleaire Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / B
  • Assessor Parcel Number R6172 064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,926

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: L25 BB CASTLEAIRE #1
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1973
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • Fencing: Back Yard, Fenced
  • View: Trees/Woods

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Gate
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central

Condo/Co-op/Association

  • Subdivision Complex: Castleaire

Schools

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

Lot Info

  • Acres: 0.5400
  • Lot: 25
  • Land/Lot: 25
  • Deed Book: 9439
  • Deed Page: 3
  • Lot Features: Corner Lot
  • Lot Dimensions: x
  • Parcel Number: R6172 064
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

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

Tax Info

  • Taxes: 3926.00
  • Assessor Parcel Number: R6172-064
  • Close Date: 2022-08-02
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 2, 2022
Sold by
Thomas James C
Bought by
Sr Whole Investment Inc
Seller's Agent
Alexis Robinson
NOT A VALID MEMBER
Buyer's Agent
Ariel Wang
NOT A VALID MEMBER
List Price
$369,900
Sold Price
$350,000
Premium/Discount to List
-$19,900
-5.38%
Total Days on Market
6
Current Estimated Value
$405,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,984
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Oct 1, 1993
Sold by
Barksdale Shirley W
Bought by
Thomas James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,300
Interest Rate
6.99%

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
Sr Whole Investment Inc $350,000 --
Thomas James $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas James $89,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 Sold $350,000 -5.4% $135 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $369,900 -- $143 / 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 $5,835 $113,120 $16,000 $97,120
2022 $4,605 $113,120 $16,000 $97,120
2021 $3,926 $93,000 $16,000 $77,000
2020 $3,944 $93,000 $16,000 $77,000
2019 $3,105 $87,600 $16,000 $71,600
2018 $3,093 $72,800 $13,600 $59,200
2016 $1,988 $40,160 $8,800 $31,360
2015 $2,009 $40,160 $8,800 $31,360
2014 -- $40,160 $8,800 $31,360
Source: Public Records

Agents Affiliated with this Home

  • Alexis Robinson

    Seller's Agent in 2022

    Alexis Robinson

    NOT A VALID MEMBER

    (251) 753-5915

    3 in this area

    35 Total Sales

    Section Image

  • A

    Buyer's Agent in 2022

    Ariel Wang

    NOT A VALID MEMBER

    (855) 450-0442

    1 in this area

    4 Total Sales

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7078107

First Multiple Listing Service (FMLS)

APN: 6-172-064

Georgia Gwinnett County Norcross 30093

5573 Bishops Cir, Norcross, GA

Homes for Sale in Norcross, GA

This home is located at 5573 Bishops Cir, Norcross, GA 30093 since 07 July 2022 and is currently estimated at $405,984, approximately $156 per square foot. This property was built in 1973. 5573 Bishops Cir is a home located in Gwinnett County with nearby schools including Lilburn Elementary School, Lilburn Middle School, and Meadowcreek High School.

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