$350,000
SOLD MAY 8, 2020

5065 Magnolia Gate Dr Duluth, GA 30096

4 Beds
2.5 Baths
2,726 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

12 Days on Market

Highlights

  • Open-Concept Dining Room
  • Sitting Area In Primary Bedroom
  • Whirlpool Bathtub
  • Paul Duke STEM High School Rated A+
  • Craftsman Architecture
  • Great Room with Fireplace

About This Home

As of May 2020

Charming upgraded 4 bedroom craftsman style home. Light filled 2-story foyer leads to a large open great room w/gas fireplace and all new flooring. Gorgeous kitchen with real wood cabinets, granite countertops, and new appliances that are still under warranty. Side facing stairs have wrought iron balusters. Large Master bedroom has trey ceilings and master bath w/jacuzzi tub & remodeled shower. Secondary bedrooms are spacious. Centrally located upstairs laundry room. Large level fenced yard with patio and dog house. Roof 3 yrs old!

Last Agent to Sell the Property

LOREE NICHOLS

Realty Hub of Georgia, LLC License #346155 Listed on: 02/20/2020

Last Buyer's Agent

Johnny Perez

NOT A VALID MEMBER License #385673

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 2008

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 104x40x104x39
  • Private Entrance
  • Wood Fence
  • Landscaped
  • Level Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2,726 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Open-Concept Dining Room
  • Dining Room Seats More Than Twelve
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Schools

  • Beaver Ridge Elementary School
  • Summerour Middle School
  • Norcross High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • Property is near shops

Community Details

  • Property has a Home Owners Association
  • Ardent Residential Association, Phone Number (844) 927-3368
  • Villages At Old Norcross Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 6-240 -545

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,600

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Resale
  • Year Built: 2008
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Fireplace Features: Family Room, Factory Built, Gas Log, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Gas Range, Gas Oven, Microwave, Washer
  • Interior Amenities: Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Bookcases, Entrance Foyer, Wet Bar, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, Eat-in Kitchen, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story
  • Dining Room Features: Seats 12+, Open Concept
  • Square Footage: 2726.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Oversized Master, Sitting Room
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Patio And Porch Features: Patio
  • Exterior Features: Private Yard, Private Front Entry

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Driveway, Garage, Garage Faces Front, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Sidewalks, Street Lights, Near Shopping
  • Hoa Contact Phone: 844-927-3368
  • Management Company Email: info@myardent.com
  • Subdivision Complex: Villages at Old Norcross

Association/Amenities

  • Management Company: Ardent Residential

Schools

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

Lot Info

  • Acres: 0.1000
  • Deed Book: 53904
  • Deed Page: 224
  • Plat Book: 00
  • Lot Features: Back Yard, Landscaped, Level, Private
  • Lot Dimensions: 104x40x104x39
  • Parcel Number: 6-240 -545
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 4600.00
  • Assessor Parcel Number: 6-240 -545
  • Close Date: 2020-05-08
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
May 8, 2020
Sold by
Johnson Nathaniel P
Bought by
Moon Gina
Seller's Agent
LOREE NICHOLS
Realty Hub of Georgia, LLC
Buyer's Agent
Johnny Perez
NOT A VALID MEMBER
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$557,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,235
Avg. Annual Appreciation
9.36%
Original Mortgage
$200,000
Outstanding Balance
$179,154
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$380,112

Purchase Details

Listed on
Oct 26, 2016
Closed on
Dec 30, 2016
Sold by
Ghani Ali R
Bought by
Johnson Nathaniel P
Seller's Agent
Michael Smith
NOT A VALID MEMBER
Buyer's Agent
Robert McEachern
Keller Williams Realty Community Partners
List Price
$305,000
Sold Price
$297,000
Premium/Discount to List
-$8,000
-2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$237,600
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2015
Closed on
Oct 20, 2015
Sold by
Suk Kim In
Bought by
Ghani Ali R
Seller's Agent
Grace Yoon
Virtual Properties Realty.com
Buyer's Agent
FARANGIS ALASVAND
Americas Realty, Inc.
List Price
$284,000
Sold Price
$260,000
Premium/Discount to List
-$24,000
-8.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$208,000
Interest Rate
3.15%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 2011
Sold by
Kang In H
Bought by
Kim In S and Kang In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2008
Sold by
Ccm Homes Llc
Bought by
Kim In S

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
5.96%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 --
Warranty Deed $297,000 --
Warranty Deed $297,000 --
Warranty Deed $260,000 --
Quit Claim Deed -- --
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $45,000 New Conventional
Previous Owner $237,600 New Conventional
Previous Owner $208,000 Commercial
Previous Owner $197,000 New Conventional
Previous Owner $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $350,000 0.0% $128 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $350,000 +17.8% $128 / Sq Ft
12/30/2016 12/30/16 Sold $297,000 -2.6% $109 / Sq Ft
11/26/2016 11/26/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $305,000 +2.7% $112 / Sq Ft
11/17/2016 11/17/16 Off Market $297,000 -- --
10/26/2016 10/26/16 For Sale $305,000 +17.3% $112 / Sq Ft
10/20/2015 10/20/15 Sold $260,000 -0.8% $95 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
07/24/2015 07/24/15 Price Changed $262,000 -2.9% $96 / Sq Ft
07/01/2015 07/01/15 Price Changed $269,900 -5.0% $99 / Sq Ft
06/03/2015 06/03/15 For Sale $284,000 -- $104 / 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
2023 $6,401 $178,480 $36,400 $142,080
2022 $5,716 $178,480 $36,400 $142,080
2021 $4,799 $130,680 $28,000 $102,680
2020 $5,052 $130,680 $28,000 $102,680
2019 $4,865 $130,680 $28,000 $102,680
2018 $4,600 $122,880 $24,000 $98,880
2016 $3,954 $104,000 $22,000 $82,000
2015 $3,708 $102,560 $20,000 $82,560
2014 $3,728 $102,560 $20,000 $82,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6683419

First Multiple Listing Service (FMLS)

APN: 6-240-545