NOT LISTED FOR SALE

504 Summer Place Norcross, GA 30071

Estimated Value: $231,000 - $256,000

3 Beds
2.5 Baths
1,214 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 26, 2014

Last sale price $89,000 $73 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $1,583/month

Highlights

  • Gated Community
  • A-Frame Home
  • Corner Lot
  • Paul Duke STEM High School Rated A+
  • Clubhouse
  • L-Shaped Dining Room

About This Home

As of November 2015

NICE TOWNHOME WITH EASY ACCESS TO MAJOR HIGHWAYS. VERY CLEAN COMMUNITY. THIS TWO STORY TOWNHOME FEATURES A FIREPLACE IN THE FAMILY ROOM, GRANITE COUNTER TOPS AND STAINLESS STEEL APPLIANCES IN THE KITCHEN AND FRENCH DOORS THAT OPEN TO PRIVATE PATIO. ALL OF THE NICE SIZE BEDROOMS ARE UPSTAIRS, INCLUDING THE MASTER SUITE. NEW CARPTET WALL TO WALL.READY FOR MOVING IN.

Last Agent to Rent the Property

Li Guo

Russell Realty Brokers, LLC. License #339291 Listed on: 10/31/2015

Last Renter's Agent

Tamara West

NOT A VALID MEMBER License #362907

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,133

Year Built

  • Built in 2005

Lot Details

  • 0.33 Acre Lot
  • Corner Lot

Parking

  • Parking Lot

Home Design

  • A-Frame Home
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Family Room
  • L-Shaped Dining Room
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

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

Schools

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

Additional Features

  • Front Porch
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,150
  • 12 Month Lease Term
  • $50 Application Fee
  • Assessor Parcel Number R6242 234

Community Details

Overview

  • Property has a Home Owners Association
  • Application Fee Required
  • Sierra West Condos Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,133

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Pest Control, Security, Telephone, Water
  • Credit Report Required: Yes
  • Deposit: 1150
  • Lease Term: 12 Months
  • Per Adult Dollar: 50.00
  • Per Family Dollar: 100.00
  • Pets Allowed: Call
  • Reservation Deposit: 1150.00
  • Application Fee Per Adult: Yes
  • Application Fee Per Family: Yes

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Architectural Style: A-Frame
  • Year Built: 2005
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Property Details

  • Property: Residential Lease

Interior Features

  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Refrigerator
  • Interior Amenities: High Ceilings 10 ft Main
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Pantry, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Dining L

Beds/Baths

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

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Laundry Features: Upper Floor

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Homeowners Assoc, Pool, Tennis Court(s)
  • Management: Professionally Managed
  • Subdivision Complex: sierra west condos

Schools

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

Lot Info

  • Acres: 0.3300
  • Lot Features: Corner Lot
  • Lot Dimensions: 0.03
  • Parcel Number: R6242 234
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: R6242-234
  • Close Date: 2015-11-30

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Norcross
  • High School: Norcross
  • Middle School: Summerour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2018
Sold by
Li Ruiming
Bought by
Yuan Kun
Current Estimated Value
$242,557

Purchase Details

Listed on
Oct 23, 2013
Closed on
Feb 26, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ou Li Ruiming and O Zhi Jun Ou C
Seller's Agent
Mike Prewitt
Century 21 Connect Realty
Buyer's Agent
ZHIJUN OU
Russell Realty Brokers, LLC.
List Price
$109,900
Sold Price
$89,000
Premium/Discount to List
-$20,900
-19.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%

Purchase Details

Closed on
Sep 3, 2013
Sold by
Ocwen Loan Servicing Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 31, 2007
Sold by
Sahara Heights Llc
Bought by
Rape Robert M and Rape Nancey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,995
Interest Rate
5.88%
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
Yuan Kun $138,000 --
Ou Li Ruiming $89,000 --
Federal Home Loan Mortgage Corporation $84,484 --
Ocwen Loan Servicing Llc $84,484 --
Rape Robert M $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rape Robert M $37,995
Previous Owner Rape Robert M $113,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Rented $1,150 0.0% --
11/17/2015 11/17/15 Under Contract -- -- --
11/05/2015 11/05/15 Price Changed $1,150 +4.5% $1 / Sq Ft
10/31/2015 10/31/15 For Rent $1,100 0.0% --
04/29/2014 04/29/14 Rented $1,100 0.0% --
03/30/2014 03/30/14 Under Contract -- -- --
03/24/2014 03/24/14 For Rent $1,100 0.0% --
02/26/2014 02/26/14 Sold $89,000 -19.0% $73 / Sq Ft
01/06/2014 01/06/14 Pending -- -- --
10/23/2013 10/23/13 For Sale $109,900 -- $91 / 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 $1,024 $30,560 $4,800 $25,760
2014 -- $30,560 $4,800 $25,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5613588

First Multiple Listing Service (FMLS)

APN: 6-242-234