NOT LISTED FOR SALE

116 Summer Place Norcross, GA 30071

Estimated Value: $237,000 - $248,000

2 Beds
2.5 Baths
1,214 Sq Ft
$310/mo HOA Fee

Last Sold September 24, 2020

Last sale price $155,100 $128 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,864/month

4 Days on Market

Highlights

  • In Ground Pool
  • Green energy generation from water
  • City View
  • Paul Duke STEM High School Rated A+
  • Gated Community
  • Clubhouse

About This Home

As of September 2020

BACK ON THE MARKET DUE TO BUYERS FINANCING FALLING THROUGH! Well maintained condo located in a gated community with swimming pool & clubhouse! Hardwood flooring throughout the entire home. Main level consists of spacious great room, breakfast/dining room, half bath, full kitchen with all appliances included and a fenced in patio in the backyard. This home is spacious and airy throughout! Upstairs features full laundry (washer and dryer included too) and 2 bedrooms with their own private, full bathrooms and closets. Perfect layout with the security of a gated community!

Last Agent to Sell the Property

Lauren Denmark

NOT A VALID MEMBER License #305388 Listed on: 06/15/2020

Last Buyer's Agent

Stephen Gibson

Gibson Realty Group, LLC. License #287685

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,047

Year Built

  • Built in 2005

Lot Details

  • Two or More Common Walls
  • Wood Fence
  • Back Yard Fenced

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,214 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • City Views
  • Security Gate

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Lot

Eco-Friendly Details

  • Green energy generation from water

Outdoor Features

  • In Ground Pool
  • Patio
  • Rear Porch

Schools

  • Norcross Elementary School
  • Summerour Middle School
  • Norcross High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High-Efficiency Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R6242 194

Community Details

Overview

  • $500 Initiation Fee
  • Sierra West Subdivision

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,047

Year Built

Built in 2005

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Assessment Fee Contemplated: Yes
  • Year Built: 2005
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer
  • Kitchen Features: Cabinets Stain, Pantry, Solid Surface Counters
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Great Room
  • Square Footage: 1214.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Split Bedroom Plan
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Brick 4 Sides, Vinyl Siding
  • Roof Type: Shingle
  • Fencing: Back Yard, Privacy, Wood
  • Patio And Porch Features: Patio, Rear Porch
  • Exterior Features: Private Yard
  • Pool Features: In Ground
  • View: City
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Gate
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Hall, Upper Floor
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Sewer, Swim/Tennis, Trash, Water
  • Community Features: Clubhouse, Gated, Homeowners Assoc, Pool, Sidewalks, Street Lights
  • Association Fee: 3720
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Sierra West

Association/Amenities

  • Number Of Units In Community: 1

Schools

  • Elementary School: Norcross
  • Middle School: Summerour
  • High School: Norcross

Lot Info

  • Acres: 0.0100
  • Deed Book: 56062
  • Deed Page: 808
  • Lot Features: Level
  • Lot Dimensions: X
  • Parcel Number: R6242 194
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Water Heater
  • Green Energy Generation: Water

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 2047.00
  • Assessor Parcel Number: R6242-194
  • Close Date: 2020-09-24
  • Tax Year: 2019

MLS Schools

  • Elementary School: Norcross
  • High School: Norcross
  • Middle School: Summerour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Sep 24, 2020
Sold by
Benson William
Bought by
Zhao Meng
Seller's Agent
Lauren Denmark
NOT A VALID MEMBER
Buyer's Agent
Stephen Gibson
Gibson Realty Group, LLC.
List Price
$154,900
Sold Price
$155,100
Premium/Discount to List
$200
0.13%
Current Estimated Value
$243,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,818
Avg. Annual Appreciation
9.44%
Original Mortgage
$100,750
Outstanding Balance
$70,356
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$173,562

Purchase Details

Closed on
Aug 3, 2018
Sold by
Barreto Carlos H
Bought by
Benson William and Benson Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,507
Interest Rate
4.08%

Purchase Details

Closed on
Mar 22, 2012
Sold by
Smith Terry R
Bought by
Barreto Carlos H

Purchase Details

Closed on
Sep 27, 2005
Sold by
Sahara Heights Llc
Bought by
Smith Robert T and Smith Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,900
Interest Rate
6.5%
Mortgage Type
New Conventional
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
Zhao Meng $155,100 --
Benson William $130,000 --
Barreto Carlos H -- --
Smith Robert T $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Meng $100,750
Previous Owner Benson William $135,507
Previous Owner Smith Robert T $124,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $155,100 0.0% $128 / Sq Ft
08/28/2020 08/28/20 Off Market $155,100 -- --
08/24/2020 08/24/20 For Sale $154,900 -0.1% $128 / Sq Ft
08/02/2020 08/02/20 Off Market $155,100 -- --
06/15/2020 06/15/20 For Sale $154,900 -- $128 / 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 $3,133 $97,920 $14,000 $83,920
2023 $3,133 $89,640 $14,000 $75,640
2022 $2,528 $78,760 $12,400 $66,360
2021 $2,022 $61,640 $12,400 $49,240
2020 $1,814 $54,880 $8,280 $46,600
2019 $2,048 $50,680 $7,600 $43,080
2018 $1,442 $43,560 $6,000 $37,560
2016 $1,345 $40,680 $6,000 $34,680
2015 $1,228 $30,560 $4,800 $25,760
2014 -- $30,560 $4,800 $25,760
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lauren Denmark

    NOT A VALID MEMBER

    Section Image

  • S

    Buyer's Agent in 2020

    Stephen Gibson

    Gibson Realty Group, LLC.

    (678) 778-6790

    4 in this area

    28 Total Sales

    Stephen Gibson
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6738123

First Multiple Listing Service (FMLS)

APN: 6-242-194

Georgia Gwinnett County Norcross 30071

116 Summer Place, Norcross, GA

This home is located at 116 Summer Place, Norcross, GA 30071 since 15 June 2020 and is currently estimated at $243,918, approximately $200 per square foot. This property was built in 2005. 116 Summer Place is a home located in Gwinnett County with nearby schools including Baldwin Elementary, Summerour Middle School, and Paul Duke STEM High School.

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