$297,000
SOLD DEC 30, 2016

5065 Magnolia Gate Dr Duluth, GA 30096

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

Recently Sold

$109 Per Sq Ft

3% Below List Price

31 Days on Market

Highlights

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

About This Home

As of May 2020

Spacious 4 bedroom home full of upgrades. Large eat-in Kitchen with real wood cabinetry, granite countertops, and stainless steel refrigerator. Hardwood floors in entry, hall, bath, and kitchen. Dramatic light filled two story entry with stairs with wrought iron balusters. Den with fireplace overlooks the backyard. Master bedroom with tray ceiling, garden tub, separate shower, and large walk-in closet. Fenced backyard with patio and pergola. Spacious secondary bedrooms. Large upstairs laundry room. Great location within neighborhood - cul-de sac like dead end street.

Last Agent to Sell the Property

Michael Smith

NOT A VALID MEMBER License #272769 Listed on: 10/26/2016

Last Buyer's Agent

Robert McEachern

Keller Williams Realty Community Partners License #169333

Keller Williams Realty Community Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,708

Year Built

  • Built in 2008

Lot Details

  • 4,356 Sq Ft Lot
  • Landscaped
  • Private Lot
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

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

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Ridge Vents on the Roof
  • 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
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • 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
  • Low Flow Plumbing Fixtures
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

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

Outdoor Features

  • Patio

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

Community Details

  • Villages At Old Norcross Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number R6240 545
  • Tax Block A

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,708

Year Built

Built in 2008

Lot Details

0

HOA Fees

$42 per month

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
  • 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, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Low-Flow Fixtures, 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
  • Window Features: Insulated Windows

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, Ridge Vents
  • 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
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • 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

  • Acres: 0.1000
  • Land/Lot: 240
  • Lot Features: Landscaped, Level, Private
  • Lot Dimensions: 0.1 ACRE
  • Parcel Number: R6240 545
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Windows

Tax Info

  • Taxes: 3708.00
  • Assessor Parcel Number: R6240-545
  • Close Date: 2016-12-30
  • Tax Year: 2015

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: 5766958

First Multiple Listing Service (FMLS)

APN: 6-240-545