NOT LISTED FOR SALE

6098 Mitchell St Flowery Branch, GA 30542

Estimated Value: $287,000 - $314,713

4 Beds
2 Baths
1,728 Sq Ft
$175/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2023

Last sale price $260,000 $150 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,904 / mo

9 Days on Market

Highlights

  • Community Lake
  • No HOA
  • Park
  • 2 Fireplaces
  • Community Playground
  • 2-minute walk to Flowery Branch City Park

About This Home

As of October 2023

An exceptional opportunity for investors seeking rental income in downtown Flowery Branch. This duplex is conveniently located within walking distance from Lake Lanier Hideaway Bay Marina, Flowery Branch Bay Park, and Downtown Flowery Branch. Currently tenant occupied with rents at $900/month, lease term is month to month with owner ability to renew or terminate. Each unit has two bedrooms, two bathrooms, a fireplace, washer & dryer, refrigerator, oven, dishwasher, and two parking spaces per unit.

Last Agent to Sell the Property

Amy Scott

Chris McCall Realty License #400118 Listed on: 09/01/2023

Last Buyer's Agent

Charlcie Forehand

Atlanta Fine Homes - Sotheby's Int'l License #104860

Atlanta Fine Homes - Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,364

Year Built

  • Built in 1985

Lot Details

  • 6,970

Home Design

  • Duplex
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Parking Pad
  • Over 1 Space Per Unit

Schools

  • Flowery Branch Elementary School
  • West Hall Middle School
  • West Hall High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • 6,970 Sq Ft Lot
  • Property is near shops

Listing and Financial Details

  • The owner pays for cable TV, electricity, sewer, water
  • Tax Lot 13

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lorimar On The Lake Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Park

Building Details

  • Operating Expense $4,922
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,364

Year Built

Built in 1985

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .16
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation Details: Block
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Over 1 Space per Unit, Parking Pad
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake, Park, Playground, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Flowery Branch
  • High School: West Hall
  • Middle School: West Hall

Lot Info

  • Land Lot: 118
  • Lot: 13

Rental Info

  • Owner Pays: Cable TV, Electricity, Sewer, Water

Multi Family

  • Total Fireplaces: 2
  • GrossIncome: 21600
  • NumberOfUnitsTotal: 2
  • OperatingExpense: 4922

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2364

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Oct 5, 2023
Sold by
Bowker Steven Trust
Bought by
Sheehan Kevin P
Seller's Agent
Amy Scott
Chris McCall Realty
Buyer's Agent
Charlcie Forehand
Atlanta Fine Homes - Sotheby's Int'l
List Price
$287,000
Sold Price
$260,000
Premium/Discount to List
-$27,000
-9.41%
Views
45
Current Estimated Value
$302,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,428
Avg. Annual Appreciation
6.18%
Original Mortgage
$195,000
Outstanding Balance
$190,626
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$111,802

Purchase Details

Listed on
Aug 2, 2017
Closed on
Apr 2, 2018
Sold by
Daniels Roger J
Bought by
Equity Trust Co Custodian Fbo
Seller's Agent
Mark Grossi
Meritage Homes Of Georgia Realty, LLC
Buyer's Agent
Lesley E Lane
NOT A VALID MEMBER
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
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
Sheehan Kevin P $260,000 --
Equity Trust Co Custodian Fbo $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheehan Kevin P $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2023 10/05/23 Sold $260,000 -9.4% $150 / Sq Ft
09/10/2023 09/10/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $287,000 +73.9% $166 / Sq Ft
04/02/2018 04/02/18 Sold $165,000 -2.9% $95 / Sq Ft View Prior Sale
02/22/2018 02/22/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $169,900 0.0% $98 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
01/18/2018 01/18/18 Price Changed $169,900 +1.2% $98 / Sq Ft
10/30/2017 10/30/17 For Sale $167,900 0.0% $97 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
08/25/2017 08/25/17 Price Changed $167,900 -1.2% $97 / Sq Ft
08/02/2017 08/02/17 For Sale $169,900 -- $98 / Sq Ft
Source: Georgia MLS

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 $3,464 $126,520 $18,000 $108,520
2024 $2,949 $116,440 $14,200 $102,240
2023 $2,734 $108,960 $13,960 $95,000
2022 $2,364 $90,400 $17,920 $72,480
2021 $1,997 $74,960 $9,760 $65,200
2020 $1,849 $67,440 $5,840 $61,600
2019 $1,619 $58,520 $5,120 $53,400
2018 $921 $32,240 $6,120 $26,120
2017 $788 $26,920 $6,120 $20,800
2016 $614 $21,480 $3,400 $18,080
2015 $609 $21,120 $3,040 $18,080
2014 $609 $21,120 $3,040 $18,080
Source: Public Records

Agents Affiliated with this Home

  • Amy Scott

    Seller's Agent in 2023

    Amy Scott

    Chris McCall Realty

    (678) 725-4287

    15 in this area

    70 Total Sales

    Amy Scott
    Section Image
  • Charlcie Forehand

    Buyer's Agent in 2023

    Charlcie Forehand

    Atlanta Fine Homes - Sotheby's Int'l

    (678) 613-4422

    2 in this area

    52 Total Sales

    Charlcie Forehand
    Section Image
  • Mark Grossi

    Seller's Agent in 2018

    Mark Grossi

    Meritage Homes Of Georgia Realty, LLC

    (708) 744-3998

    3 in this area

    55 Total Sales

    Mark Grossi
    Section Image

  • L

    Buyer's Agent in 2018

    Lesley E Lane

    NOT A VALID MEMBER

See All Agents

Map

Source: Georgia MLS

MLS Number: 10198898

Georgia MLS

APN: 08-00118-07-017

Georgia Hall County Flowery Branch 30542

6098 Mitchell St, Flowery Branch, GA

Not Listed for Sale

MultiFamily

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