NOT LISTED FOR SALE

Estimated Value: $489,000 - $551,000

5 Beds
4 Baths
2,114 Sq Ft
$241/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2024

Last sale price $535,000 $253 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,454 / mo

5 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Ceiling Fan
  • McClure Health Science High School Rated A-

About This Home

As of October 2024

This home presents a truly exceptional investment opportunity in the heart of Norcross, Georgia. This meticulously designed property offers multiple income streams through its ingenious layout. Originally built as a duplex, it has been reimagined for maximum potential, now featuring 2 distinct rental units and an additional basement space that is currently producing income. The is can generate over $4,000 in monthly income, with potential for rental increase to market value. This versatile property offers a spacious 3-bedroom, 2-bathroom unit (Unit A), complemented by two additional 2-bedroom, 1-bathroom units, totaling an impressive 7 bedrooms and 4 bathrooms. Key features include durable all-brick construction, wood and tile flooring throughout, and ample parking space, all situated in the prime location of Norcross. Perfect for savvy investors seeking strong cash flow, owner-occupants desiring built-in rental income, or multi-generational families requiring separate living spaces, this property offers unparalleled flexibility. Live in one unit while renting the others, or maximize your returns by leasing all units. The basement's clever conversion sets this property apart from typical duplexes. DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Destiny Rosario

Coldwell Banker Realty License #417733 Listed on: 09/11/2024

Coldwell Banker Realty

Last Buyer's Agent

Johan Cabrera Osorio

Rudhil Companies, LLC License #406847

Rudhil Companies, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,985

Year Built

  • Built in 1970

Lot Details

  • 18,731 Sq Ft Lot

Parking

  • Side or Rear Entrance to Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Finished Basement
  • Exterior Basement Entry

Schools

  • Meadowcreek Elementary School
  • Louise Radloff Middle School
  • Meadowcreek High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 3 Units
  • Stonewood 02 Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,985

Year Built

Built in 1970

Lot Details

0.43 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .43
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Exterior Entry, Finished

Exterior Features

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

Garage/Parking

  • Parking Features: Side/Rear Entrance

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

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

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4985.15

Multi Family

  • NumberOfUnitsTotal: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 16, 2024
Sold by
Bought by
Seller's Agent
Destiny Rosario
Coldwell Banker Realty
Buyer's Agent
Johan Cabrera Osorio
Rudhil Companies, LLC
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Views
53
Current Estimated Value
$509,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,743
Avg. Annual Appreciation
-2.72%
Original Mortgage
$428,000
Interest Rate
0.0609%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2021
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
0.0393%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
0.0451%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$535,000 --
-- --
$157,000 --
-- --
$72,000 --
$124,452 --
$229,000 --
$112,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $428,000
Previous Owner $158,550
Previous Owner $112,000
Previous Owner $680,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold $535,000 +1.9% $253 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $525,000 -- $248 / Sq Ft
Source: Georgia MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,899 $205,040 $18,000 $187,040
2024 $6,275 $157,000 $18,000 $139,000
2023 $6,275 $120,880 $16,000 $104,880
2022 $0 $120,880 $16,000 $104,880
2021 $4,282 $101,840 $16,000 $85,840
2020 $4,302 $101,840 $16,000 $85,840
2019 $3,947 $95,840 $16,000 $79,840
2018 $2,772 $62,800 $13,600 $49,200
2016 $2,882 $64,840 $11,200 $53,640
2015 $2,142 $43,080 $8,800 $34,280
2014 -- $43,080 $8,800 $34,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10375838

Georgia MLS

APN: 6-196-053

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