NOT LISTED FOR SALE

5612 Estates Ct Norcross, GA 30093

Estimated Value: $581,000 - $862,000

-- Bed
-- Bath
5,280 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $300,000 $57 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $4,784/month

98 Days on Market

Highlights

  • 0.75 Acre Lot
  • Forced Air Heating System
  • Level Lot
  • McClure Health Science High School Rated A-

About This Home

As of April 2017

Please Do Not Disturb Tenants! Amazing Opportunity for the Savvy Investor!! Four-Sided Brick Quadraplex on a Level Lot in Norcross. All units are occupied!! Each unit has Two Bedrooms and Two and a Half Baths. Convenient Location!! Easy Access to Shopping and Major Hwys!

Last Agent to Sell the Property

Cindy Stewart

Keller Williams Realty Atlanta Partners Listed on: 11/28/2016

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Aaeroung Choe

Heritage GA. Realty License #367410

Heritage GA. Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,322

Year Built

  • Built in 1983

Lot Details

  • 0.75 Acre Lot
  • Level Lot

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Composition Roof

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number R6197 105
  • Tax Block B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,322

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1983
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Parking Features: Parking Lot

Utilities

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

Lot Info

  • Acres: 0.7500
  • Lot Features: Level
  • Lot Dimensions: .5 Acres
  • Parcel Number: R6197 105
  • Property Attached Yn: No

Tax Info

  • Taxes: 4322.00
  • Tax Year: 2015

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Gwinnett - Other
  • High School: Gwinnett - Other
  • Middle School: Gwinnett - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2016
Closed on
Apr 14, 2017
Sold by
Stetler Harrison Crawford
Bought by
Choe Pyong Chin and Aaeroung Choe
Seller's Agent
Cindy Stewart
Keller Williams Realty Atlanta Partners
Buyer's Agent
Aaeroung Choe
Heritage GA. Realty
List Price
$335,000
Sold Price
$300,000
Premium/Discount to List
-$35,000
-10.45%
Current Estimated Value
$724,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,804
Avg. Annual Appreciation
10.72%
Original Mortgage
$225,000
Outstanding Balance
$186,810
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$537,994
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Choe Pyong Chin $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choe Pyong Chin $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2017 04/14/17 Sold $300,000 -10.4% $57 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $335,000 0.0% $63 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $335,000 0.0% $63 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
11/29/2016 11/29/16 Price Changed $335,000 +62988.5% $63 / Sq Ft
11/28/2016 11/28/16 For Sale $531 -- $0 / 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 -- $300,960 $87,120 $213,840
2024 $11,781 $297,000 $87,120 $209,880
2023 $11,781 $216,000 $43,560 $172,440
2022 $7,861 $191,200 $66,800 $124,400
2021 $6,908 $162,880 $42,480 $120,400
2020 $5,102 $168,400 $42,480 $125,920
2019 $4,937 $112,320 $28,000 $84,320
2018 $4,909 $112,320 $28,000 $84,320
2016 $4,274 $92,000 $28,000 $64,000
2015 $4,322 $92,000 $28,000 $64,000
2014 $4,340 $92,000 $28,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5777304

First Multiple Listing Service (FMLS)

APN: 6-197-105