5027 Rails Way Unit 2 Norcross, GA 30071
Estimated Value: $304,434 - $347,000
3
Beds
2
Baths
1,148
Sq Ft
$286/Sq Ft
Est. Value
About This Home
This home is located at 5027 Rails Way Unit 2, Norcross, GA 30071 and is currently estimated at $328,109, approximately $285 per square foot. 5027 Rails Way Unit 2 is a home located in Gwinnett County with nearby schools including Beaver Ridge Elementary School, Summerour Middle School, and Paul Duke STEM High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 30, 1999
Sold by
Brown Joseph F
Bought by
Collins Angela M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,250
Outstanding Balance
$22,974
Interest Rate
7.27%
Mortgage Type
FHA
Estimated Equity
$305,135
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Collins Angela M | $88,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Collins Angela M | $87,250 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $4,130 | $130,680 | $25,840 | $104,840 |
| 2024 | $3,725 | $116,400 | $22,400 | $94,000 |
| 2023 | $3,725 | $116,400 | $22,400 | $94,000 |
| 2022 | $3,268 | $101,800 | $22,400 | $79,400 |
| 2021 | $2,178 | $66,400 | $13,600 | $52,800 |
| 2020 | $2,195 | $66,400 | $13,600 | $52,800 |
| 2019 | $2,259 | $51,080 | $10,800 | $40,280 |
| 2018 | $1,691 | $51,080 | $10,800 | $40,280 |
| 2016 | $1,319 | $39,880 | $8,000 | $31,880 |
| 2015 | $1,401 | $30,520 | $6,000 | $24,520 |
| 2014 | -- | $30,520 | $6,000 | $24,520 |
Source: Public Records
Map
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