NOT LISTED FOR SALE

6375 Mceachern Way Norcross, GA 30092

Estimated Value: $867,000 - $918,000

-- Bed
-- Bath
4,760 Sq Ft
$186/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $755,000 $159 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,648/month

8 Days on Market

Highlights

  • 4 Fireplaces
  • No HOA
  • Ceiling Fan
  • Pinckneyville Middle School Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2022

This Quadraplex property is located in Peachtree Corners and close to everything including dining, shopping, Gwinnett County Schools, parks, and Peachtree Corners Town Center. Each unit has 2 bedrooms with 2 full bathrooms and a half-bath on the main level. This is a great income-producing property that has been well maintained by the owner since 2016. There is also potential to increase the rents once the leases are up. The roof is about 6 years old. There were 2 new RunTru HVAC systems installed in Units A and C in 2021. All of the HVAC units have been recently serviced. 3 of the 4 units have been updated/renovated. 2 of the units have newer stainless steel appliances and 1 unit has newer black appliances. All of the units have a fireplace in the living and a private back patio. No HOA, no rent restrictions. All units are tenant occupied, please do not disturb the tenants. This is an amazing investment opportunity to own a very limited number of quadruplexes in Peachtree Corners!!

Last Agent to Sell the Property

Shannell Murphy

Maxx Legacy Collection License #305862 Listed on: 10/01/2022

Last Buyer's Agent

Manuela Polo

HomeSmart License #386308

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,173

Year Built

  • Built in 1980

Lot Details

  • 0.5 Acre Lot

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 4 Fireplaces

Parking

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

Schools

  • Peachtree Elementary School
  • Pinckneyville Middle School
  • Norcross High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water
  • Legal Lot and Block 15 / A

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Evergreen Corners Subdivision

Building Details

  • Operating Expense $6,360
  • Gross Income $58,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,173

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 6
  • Year Built: 1980
  • Financing Type: Other
  • Levels: Two
  • Lot Size Acres: .50
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Other
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Over 1 Space per Unit, Parking Pad
  • ParkingTotal: 8

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Peachtree
  • High School: Norcross
  • High School Bus: Yes
  • Middle School: Pinckneyville
  • Middle School Bus: Yes
  • Elementary School: Peachtree
  • Middle School: Pinckneyville
  • High School: Norcross

Lot Info

  • Land Lot: 282
  • Lot: 15

Rental Info

  • Owner Pays: Water

Multi Family

  • Total Fireplaces: 4
  • GrossIncome: 58500
  • NumberOfUnitsTotal: 4
  • OperatingExpense: 6360

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7173

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
Nov 4, 2022
Sold by
Oglesby Holdings Llc
Bought by
Roca Grp Llc
Seller's Agent
Shannell Murphy
Maxx Legacy Collection
Buyer's Agent
Manuela Polo
HomeSmart
List Price
$749,900
Sold Price
$755,000
Premium/Discount to List
$5,100
0.68%
Views
45
Current Estimated Value
$884,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,532
Avg. Annual Appreciation
2.55%
Original Mortgage
$600,000
Interest Rate
6.94%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Sep 16, 2019
Sold by
Oglesby Nekibra Shannell
Bought by
Oglesby Holdings Llc

Purchase Details

Listed on
Aug 1, 2016
Closed on
Oct 31, 2016
Sold by
Odulana Oluseun
Bought by
Oglesby Mekibra Shannell
Seller's Agent
Marian Ogunnoiki
Virtual Properties Realty.Net, LLC.
Buyer's Agent
Amesha Mason
LPT Realty, LLC
List Price
$315,000
Sold Price
$292,000
Premium/Discount to List
-$23,000
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%
Original Mortgage
$286,711
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 25, 2013
Closed on
Jun 6, 2013
Sold by
Williams William Dean
Bought by
Odulana Oluseun
Seller's Agent
RICK SADDLER
Keller Knapp
Buyer's Agent
Marian Ogunnoiki
Virtual Properties Realty.Net, LLC.
List Price
$245,900
Sold Price
$230,000
Premium/Discount to List
-$15,900
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
Feb 16, 2010
Sold by
Minott Opal
Bought by
Williams William D and Williams Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
4.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 2006
Sold by
Hess C Richard C and Hess Mary A
Bought by
Minott Opal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
6.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2002
Sold by
Hess Christopher A
Bought by
Hess C Richard C and Hess Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2001
Sold by
Dubovoy Arkadiy
Bought by
Hess Christopher A and Hess Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 1997
Sold by
Gupta Subhash C and Gupta Damyanti S
Bought by
Dubovoy Arkadiy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,550
Interest Rate
7.43%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Roca Grp Llc $755,000 --
Oglesby Holdings Llc -- --
Oglesby Mekibra Shannell $292,000 --
Odulana Oluseun $230,000 --
Williams William D $129,000 --
Minott Opal $330,000 --
Hess C Richard C $53,500 --
Hess Christopher A $285,000 --
Dubovoy Arkadiy $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Roca Grp Llc $600,000
Previous Owner Oglesby Mekibra Shannell $286,711
Previous Owner Williams William D $96,750
Previous Owner Minott Opal $297,000
Previous Owner Hess C Richard C $20,000
Previous Owner Hess Christopher A $228,000
Previous Owner Dubovoy Arkadiy $172,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $755,000 +0.7% $159 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
10/01/2022 10/01/22 For Sale $749,900 +156.8% $158 / Sq Ft
10/31/2016 10/31/16 Sold $292,000 -7.3% $61 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $315,000 +37.0% $66 / Sq Ft
06/10/2013 06/10/13 Sold $230,000 -6.5% $48 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $245,900 -- $52 / Sq Ft
Source: Georgia MLS

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 $11,499 $301,440 $76,680 $224,760
2023 $11,499 $302,000 $62,280 $239,720
2022 $7,901 $199,200 $69,600 $129,600
2021 $7,173 $175,560 $49,840 $125,720
2020 $7,195 $175,560 $49,840 $125,720
2019 $4,733 $112,040 $28,000 $84,040
2018 $4,729 $112,040 $28,000 $84,040
2016 $3,857 $92,000 $28,000 $64,000
2015 $3,899 $92,000 $28,000 $64,000
2014 -- $92,000 $28,000 $64,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shannell Murphy

    Maxx Legacy Collection

    (678) 315-1554

    1 in this area

    48 Total Sales

    Shannell Murphy
    Section Image
  • Manuela Polo

    Buyer's Agent in 2022

    Manuela Polo

    HomeSmart

    (770) 572-6590

    1 in this area

    98 Total Sales

    Manuela Polo
    Section Image

  • M

    Seller's Agent in 2016

    Marian Ogunnoiki

    Virtual Properties Realty

    (678) 698-8699

    6 Total Sales

    Marian Ogunnoiki
    Section Image
  • Amesha Mason

    Buyer's Agent in 2016

    Amesha Mason

    LPT Realty, LLC

    (310) 855-2225

    102 Total Sales

    Amesha Mason
    Section Image
  • RICK SADDLER

    Seller's Agent in 2013

    RICK SADDLER

    Keller Knapp

    (404) 323-3779

    30 Total Sales

    RICK SADDLER
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10097153

Georgia MLS

APN: 6-282-037

Georgia Gwinnett County Norcross 30092

6375 Mceachern Way, Norcross, GA

This home is located at 6375 Mceachern Way, Norcross, GA 30092 since 01 October 2022 and is currently estimated at $884,532, approximately $185 per square foot. This property was built in 1980. 6375 Mceachern Way is a home located in Gwinnett County with nearby schools including Peachtree Elementary School, Pinckneyville Middle School, and Paul Duke STEM High School.

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