NOT LISTED FOR SALE

973 Carla Place Unit 3 Norcross, GA 30093

Estimated Value: $186,000 - $234,000

3 Beds
2 Baths
1,122 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $85,000 $76 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,428/month

2 Days on Market

Highlights

  • 127 Feet of Waterfront
  • Brick Front
  • Forced Air Heating System
  • Home fronts a creek

About This Home

As of February 2017

Quadruplex building with 4 fee simple townhome units. All units are 3 bed 2 full bath. All 4 units leased. Stable very long term tenants. Incredible investment opportunity to raise rents because all units are rented at 2 bedroom rates. Convenient to I-85 off of Beaver Ruin. Improve cash flow by managing yourself. Pictures of units 973 & 977 are typical. Units 981 & 985 have had the same tenants for 8+ years. Please DO NOT disturb the tenants. Appt only - No Sign, No Lockbox. Please call w/ questions. MULTIPLE CONTRACTS RECEIVED - No further offers accepted at this time

Last Agent to Sell the Property

ALDO RAMIREZ

NOT A VALID MEMBER License #317299 Listed on: 01/11/2017

Last Buyer's Agent

CHAOTING XUAN

NOT A VALID MEMBER License #345551

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 97x156x127x150
  • Home fronts a creek
  • 127 Feet of Waterfront

Home Design

  • Quadruplex
  • Ridge Vents on the Roof
  • Composition Roof
  • Vinyl Siding
  • Brick Front

Parking

  • 2 Parking Spaces
  • Varies By Unit

Schools

  • Minor Elementary School
  • Sweetwater Middle School
  • Berkmar High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Mills Farm Subdivision

Listing and Financial Details

  • Legal Lot and Block 33a-d / B
  • Assessor Parcel Number R6176A064

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Quadruplex
  • Property Condition: Resale
  • Year Built: 1984
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Waterfront Frontage: 127
  • Construction Materials: Brick Front, Vinyl Siding
  • Roof Type: Composition, Ridge Vents

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights
  • Subdivision Complex: Mills Farm

Schools

  • Elementary School: Minor
  • Middle School: Sweetwater
  • High School: Berkmar

Lot Info

  • Acres: 0.5000
  • Lot: 33a-d
  • Land/Lot: 6
  • Section G M D: 066
  • Lot Dimensions: 97x156x127x150
  • Parcel Number: R6176A064
  • Property Attached Yn: No

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4
  • Waterfront Features: Creek

Tax Info

  • Taxes: 3776.00
  • Assessor Parcel Number: R6176A-064
  • Close Date: 2017-02-28
  • Tax Year: 2015

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Minor
  • High School: Berkmar
  • Middle School: Sweetwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2018
Sold by
Wu Hui
Bought by
Heather Wu Family Management L
Total Days on Market
2
Current Estimated Value
$210,934

Purchase Details

Listed on
Jan 11, 2017
Closed on
Feb 28, 2017
Sold by
The 985 Carla Place Trust
Bought by
Wu Hui
Seller's Agent
ALDO RAMIREZ
NOT A VALID MEMBER
Buyer's Agent
CHAOTING XUAN
NOT A VALID MEMBER
List Price
$330,000
Sold Price
$85,000
Premium/Discount to List
-$245,000
-74.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%

Purchase Details

Closed on
Feb 20, 2004
Sold by
Howa 973-977-981-985 Carla Place
Bought by
985 Carla Place Fiduciary Estopp

Purchase Details

Closed on
Nov 14, 2003
Sold by
Ramirez Janice and Ramirez Aldo
Bought by
Estop 973 Carla Place Howard Fid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2003
Sold by
Estoppel Carla Place Howard Fid
Bought by
Ramirez Janice and Ramirez Also

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2003
Sold by
Howard Joseph J and Howard Donna C
Bought by
Freeport Title & Guaranty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.75%
Mortgage Type
New Conventional
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
Heather Wu Family Management L -- --
Wu Hui $85,000 --
985 Carla Place Fiduciary Estopp -- --
Estop 973 Carla Place Howard Fid -- --
Ramirez Janice -- --
Freeport Title & Guaranty Inc $44,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Janice $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $85,000 -74.2% $76 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $330,000 0.0% $294 / Sq Ft
02/10/2016 02/10/16 Rented $800 0.0% --
02/08/2008 02/08/08 Under Contract -- -- --
01/29/2008 01/29/08 For Rent $800 -- --
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
2023 $2,922 $75,680 $10,800 $64,880
2022 $2,731 $69,400 $10,800 $58,600
2021 $1,487 $34,000 $7,200 $26,800
2020 $1,443 $34,000 $7,200 $26,800
2019 $1,443 $34,000 $7,200 $26,800
2018 $1,437 $34,000 $7,200 $26,800
2016 $941 $19,320 $4,400 $14,920
2015 $952 $19,320 $4,400 $14,920
2014 $568 $8,480 $1,600 $6,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5791504

First Multiple Listing Service (FMLS)

APN: 6-176A-064