NOT LISTED FOR SALE

6395 Mceachern Way Norcross, GA 30092

Estimated Value: $591,278 - $935,000

-- Bed
-- Bath
4,760 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $305,000 $64 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $5,091/month

3 Days on Market

Highlights

  • Corner Lot
  • Pinckneyville Middle School Rated A-
  • Central Heating

About This Home

As of May 2016

WELL MAINTAINED QUADRAPLEX ( FOUR UNITS 2 BED ROOMS AND HALF BATH ROOMS EACH) RENTAL PROPERTY IN THE CITY OF PEACHTREE CORNERS. GREAT CASH FLOWS. FULLY LEASED CONVENIENT TO SHOPPING AREA. UPDATED KITCHEN WITH PLENTY OF STORAGE. TENANTS PAID ALL UTILITIES. DO NOT DISTURB TENANTS. APPOINTMENT ONLY. THE QUAD INCLUDES THE ADDRESS OF 6395,6397,6399,6401.

Last Agent to Sell the Property

Teshager Mengesha

Virtual Properties Realty.Net, LLC. License #298846 Listed on: 04/04/2016

Virtual Properties Realty.Net, LLC.

Last Buyer's Agent

La Heu

Right Path Realty License #270175

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,903

Year Built

  • Built in 1980

Lot Details

  • 0.5 Acre Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Composition Roof

Parking

  • 2 Parking Spaces
  • Varies By Unit

Schools

  • Simpson Elementary School
  • Pinckneyville Middle School
  • Norcross High School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number R6282 084

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,903

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1980
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Natural Gas

Condo/Co-op/Association

  • Subdivision Complex: UNKNOWN

Schools

  • Elementary School: Simpson
  • Middle School: Pinckneyville
  • High School: Norcross

Lot Info

  • Acres: 0.5000
  • Lot Features: Corner Lot
  • Parcel Number: R6282 084
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Tax Info

  • Taxes: 3903.00
  • Assessor Parcel Number: R6282-084
  • Close Date: 2016-05-16
  • Tax Year: 2015

MLS Schools

  • Elementary School: Simpson
  • High School: Norcross
  • Middle School: Pinckneyville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2024
Sold by
Wong Albert Lee
Bought by
Wong Albert Lee and Wong Cindy Hsiung
Current Estimated Value
$770,820

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 16, 2016
Sold by
Hetsinu Yayehyrad
Bought by
Wong Albert Lee and Wong Cindy Hsiung
Seller's Agent
Teshager Mengesha
Virtual Properties Realty.Net, LLC.
Buyer's Agent
La Heu
Right Path Realty
List Price
$279,900
Sold Price
$305,000
Premium/Discount to List
$25,100
8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2015
Sold by
Kahali Askal A
Bought by
Hetsinu Yayehyrad and Kahali Askal A

Purchase Details

Closed on
Mar 31, 2006
Sold by
Abebe Mulugeta
Bought by
Kahali Askal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2005
Sold by
Carter John H
Bought by
Abebe Mulugeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2004
Sold by
Kuchma Alexander
Bought by
Carter John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,450
Interest Rate
5.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2001
Sold by
Taylor Larry D
Bought by
Kuchma Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.09%
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
Wong Albert Lee -- --
Wong Albert Lee $305,000 --
Hetsinu Yayehyrad -- --
Kahali Askal $359,000 --
Abebe Mulugeta $345,000 --
Carter John H $303,000 --
Kuchma Alexander -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wong Albert Lee $220,500
Previous Owner Kahali Askal $200,000
Previous Owner Abebe Mulugeta $276,000
Previous Owner Carter John H $227,250
Previous Owner Kuchma Alexander $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $305,000 +9.0% $64 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $279,900 -- $59 / 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
2024 $12,044 $317,360 $50,320 $267,040
2023 $12,044 $216,000 $42,720 $173,280
2022 $7,892 $199,200 $69,600 $129,600
2021 $7,164 $175,560 $34,160 $141,400
2020 $7,185 $175,560 $34,160 $141,400
2019 $4,928 $117,960 $28,000 $89,960
2018 $4,924 $117,960 $28,000 $89,960
2016 $3,862 $92,000 $28,000 $64,000
2015 $3,903 $92,000 $28,000 $64,000
2014 -- $92,000 $28,000 $64,000
Source: Public Records

Agents Affiliated with this Home

  • Teshager Mengesha

    Seller's Agent in 2016

    Teshager Mengesha

    Virtual Properties Realty

    (404) 468-2221

    1 in this area

    48 Total Sales

    Teshager Mengesha
    Section Image
  • La Heu

    Buyer's Agent in 2016

    La Heu

    Right Path Realty

    (678) 793-1860

    3 in this area

    55 Total Sales

    La Heu
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5670063

First Multiple Listing Service (FMLS)

APN: 6-282-084

Georgia Gwinnett County Norcross 30092

6395 Mceachern Way, Norcross, GA

This home is located at 6395 Mceachern Way, Norcross, GA 30092 since 04 April 2016 and is currently estimated at $770,820, approximately $161 per square foot. This property was built in 1980. 6395 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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