NOT LISTED FOR SALE

6120 Lorimar Ct Flowery Branch, GA 30542

Estimated Value: $297,000 - $321,821

17 Beds
2 Baths
-- Sq Ft
0.33 Acres

Last Sold March 16, 2017

Last sale price $90,000

Est. 245% increase in value since last sale

Current estimated payment $1,929/month

Highlights

  • Corner Lot
  • Central Heating
  • 2-minute walk to Flowery Branch City Park
  • Cul-De-Sac

About This Home

As of March 2017

Unique opportunity to own near Lake Lanier. Income producing Duplex, rent one, and live in one! Just down the lane from City Park and Marina. Cute 2/2 on each side, use as your lake getaway, or stay year round. Paved parking, easy access to everything!

Last Agent to Sell the Property

Rhonda Duffy

Duffy Realty of Atlanta License #177871 Listed on: 06/21/2016

Last Buyer's Agent

CHARLEY HELSETH

NOT A VALID MEMBER License #307460

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $926

Year Built

  • Built in 1985

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Corner Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Composition Roof
  • Cedar

Schools

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

Utilities

  • Central Heating

Community Details

  • 2 Units
  • Lorimar On The Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 7
  • Assessor Parcel Number 08118 007016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$926

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1985
  • Special Features: 12

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Cedar
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Electric

Condo/Co-op/Association

  • Subdivision Complex: Lorimar On The Lake

Schools

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

Lot Info

  • Acres: 0.3300
  • Lot: 12
  • Lot Features: Corner Lot, Cul-De-Sac
  • Lot Dimensions: .207
  • Parcel Number: 08118 007016
  • Property Attached Yn: No

Tax Info

  • Taxes: 926.00
  • Assessor Parcel Number: 08-00118-07-016
  • Close Date: 2017-03-16
  • Tax Year: 2015

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Flowery Branch
  • High School: West Hall
  • Middle School: West Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Bagwell Samuel Ray
Bought by
Ascent Georgia Llc
Current Estimated Value
$310,455

Purchase Details

Closed on
Jul 28, 2021
Sold by
Ascent Georgia Llc
Bought by
Bagwell Samuel Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2018
Sold by
Stanco Ventures Llc
Bought by
Ascent Georgia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,460
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 21, 2016
Closed on
Mar 16, 2017
Sold by
Alford Pamela H
Bought by
Stanco Ventures Llc
Seller's Agent
Rhonda Duffy
Duffy Realty of Atlanta
Buyer's Agent
CHARLEY HELSETH
NOT A VALID MEMBER
List Price
$85,000
Sold Price
$90,000
Premium/Discount to List
$5,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.33%
Original Mortgage
$72,000
Interest Rate
4.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 1999
Sold by
Gaites Mary L
Bought by
Alford Pamela H

Purchase Details

Closed on
Oct 21, 1998
Sold by
Gaites Trent R
Bought by
Gaites Mary L
Source: Public Records

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
Ascent Georgia Llc -- --
Bagwell Samuel Ray -- --
Ascent Georgia Llc $120,000 --
Stanco Ventures Llc $90,000 --
Alford Pamela H -- --
Gaites Mary L $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bagwell Samuel Ray $104,000
Previous Owner Ascent Georgia Llc $103,460
Previous Owner Stanco Ventures Llc $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2017 03/16/17 Sold $90,000 +5.9% --
06/24/2016 06/24/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $85,000 -- --
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
2024 $3,397 $119,800 $17,560 $102,240
2023 $2,817 $112,240 $17,240 $95,000
2022 $2,474 $94,640 $22,160 $72,480
2021 $2,040 $76,600 $11,400 $65,200
2020 $2,002 $73,000 $11,400 $61,600
2019 $1,328 $62,600 $9,200 $53,400
2018 $1,029 $37,160 $11,040 $26,120
2017 $932 $31,840 $11,040 $20,800
2016 $707 $24,720 $6,640 $18,080
2015 $931 $32,298 $5,960 $26,338
2014 $931 $32,298 $5,960 $26,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5709609

First Multiple Listing Service (FMLS)

APN: 08-00118-07-016