$260,000
SOLD OCT 20, 2015

5065 Magnolia Gate Dr Duluth, GA 30096

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

Recently Sold

$95 Per Sq Ft

8% Below List Price

105 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Private Lot
  • Wood Flooring
  • Paul Duke STEM High School Rated A+
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of May 2020

THE HOLCOMB CRAFTSMAN STYLE HOME W/BRICK, STONE AND CEDAR SHAKE & CARRIAGE HOUSE GARAGE DOORS. VERY OPEN PLAN CORNER FIREPLACE. KITCHEN WITH GRANITE COUNTERTOPS. OVERSIZED MASTER W/SITTING. LARGE WALK IN CLOSET. SEPERATE TUB & TILED SHOWER & HIS AND HERS VANITIES. FENCED BACKYARD.

Last Agent to Sell the Property

Grace Yoon

Virtual Properties Realty.com License #205413 Listed on: 04/07/2015

Virtual Properties Realty.com

Last Buyer's Agent

FARANGIS ALASVAND

Americas Realty, Inc. License #220392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,457

Year Built

  • Built in 2008

Lot Details

  • Landscaped
  • Private Lot
  • Level Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2,726 Sq Ft Home
  • 2-Story Property
  • Rear Stairs
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In 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

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Patio

Community Details

  • Villages At Old Norcross Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Legal Lot and Block 46 / A
  • Assessor Parcel Number R6240 545

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,457

Year Built

Built in 2008

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2008
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story
  • Square Footage: 2726.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Rear Stairs

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Master Association Fee: 500
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: VILLAGES AT OLD NORCROSS

Schools

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

Lot Info

  • Lot: 46
  • Land/Lot: 240
  • Lot Features: Landscaped, Level, Private
  • Lot Dimensions: 0.1 ACRE
  • Parcel Number: R6240 545
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 3457.00
  • Assessor Parcel Number: R6240-545
  • Close Date: 2015-10-20
  • Tax Year: 2013

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
Total Days on Market
105
Current Estimated Value
$559,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,266
Avg. Annual Appreciation
9.65%
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: 5520407

First Multiple Listing Service (FMLS)

APN: 6-240-545