NOT LISTED FOR SALE

5075 Magnolia Gate Dr NW Duluth, GA 30096

Estimated Value: $529,000 - $565,000

4 Beds
2.5 Baths
2,726 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $345,000 $127 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,130/month

Highlights

  • Open-Concept Dining Room
  • Craftsman Architecture
  • Whirlpool Bathtub
  • Paul Duke STEM High School Rated A+
  • Wood Flooring
  • Stone Countertops

About This Home

As of July 2020

Location, privacy, better than new! This home welcomes you with a 2-story foyer, hardwood flooring throughout the main level, plenty of windows flooding it with natural light. Impeccably maintained, situated at the back of the centrally-located neighborhood for a private feel with convenient access to all this area has to offer. Open concept living includes a spacious dining-living space for flexibility and updated kitchen with granite counter tops. Upstairs welcomes you with fresh paint, new flooring in the hallway, master retreat with gorgeous closet organization, and spacious bedrooms for guests and family. Large level fenced backyard! Built-in surround sound, security system and cameras, amazing curb-appeal. Close proximity to I-85, surrounded by plenty of shopping and dining including downtown Norcross and downtown Duluth. Welcome home!

Last Agent to Sell the Property

Ashley Ward

Mainstay Brokerage LLC License #373226 Listed on: 05/14/2020

Last Buyer's Agent

Barbara Katz

Atlanta Communities License #41983

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,463

Year Built

  • Built in 2008

Lot Details

  • 4,356 Sq Ft Lot
  • Property fronts a private road
  • Wood Fence
  • Back Yard Fenced

HOA Fees

  • $42 Monthly HOA Fees

Parking

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

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • Shingle Siding
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 2,726 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Living Room
  • Open-Concept Dining Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • $350 Initiation Fee
  • The Villages At Old Norcross Subdivision

Listing and Financial Details

  • Legal Lot and Block 45 / A
  • Assessor Parcel Number R6240 544

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,463

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
  • Property Condition: Resale
  • Year Built: 2008
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: High Ceilings 10 ft Main, High Ceilings 10 ft Upper, High Speed Internet
  • Kitchen Features: Cabinets Stain, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Open Concept
  • Square Footage: 2726.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Cement Siding, Shingle Siding, Stone
  • Roof Type: Shingle
  • Fencing: Back Yard, Wood
  • Patio And Porch Features: Patio
  • Exterior Features: Private Yard

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Community Features: Homeowners Assoc, Near Schools, Near Shopping
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Subdivision Complex: The Villages at Old Norcross

Schools

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

Lot Info

  • Acres: 0.1000
  • Lot: 45
  • Land/Lot: 240
  • Deed Book: 54732
  • Deed Page: 870
  • Lot Features: Back Yard, Private
  • Parcel Number: R6240 544
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 350

Tax Info

  • Taxes: 4463.00
  • Assessor Parcel Number: R6240-544
  • Close Date: 2020-07-17
  • Tax Year: 2019

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
May 14, 2020
Closed on
Jul 17, 2020
Sold by
Young Tony
Bought by
Nnakwe Felix and Nnakwe Edna
Seller's Agent
Ashley Ward
Mainstay Brokerage LLC
Buyer's Agent
Barbara Katz
Atlanta Communities
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$549,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,796
Avg. Annual Appreciation
9.51%
Original Mortgage
$334,650
Outstanding Balance
$297,406
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$255,942

Purchase Details

Closed on
Nov 14, 2016
Sold by
Bailey Zuwere
Bought by
Young Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,900
Interest Rate
3.47%

Purchase Details

Closed on
May 22, 2015
Sold by
Maleski Lisa L
Bought by
Bailey Zuwere

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
3.79%

Purchase Details

Closed on
May 8, 2008
Sold by
Ccm Homes Llc
Bought by
Stahly Lisa L and Maleski Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,952
Interest Rate
5.84%
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
Nnakwe Felix $345,000 --
Young Tony $298,900 --
Bailey Zuwere $284,000 --
Stahly Lisa L $262,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nnakwe Felix $334,650
Previous Owner Young Tony $298,900
Previous Owner Bailey Zuwere $227,200
Previous Owner Stahly Lisa L $257,952
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $345,000 -0.6% $127 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
05/28/2020 05/28/20 Price Changed $347,000 -0.9% $127 / Sq Ft
05/14/2020 05/14/20 For Sale $350,000 -- $128 / 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 $2,082 $210,240 $42,800 $167,440
2023 $2,082 $178,480 $36,400 $142,080
2022 $2,043 $178,480 $36,400 $142,080
2021 $2,033 $130,680 $28,000 $102,680
2020 $4,616 $130,680 $28,000 $102,680
2019 $4,463 $130,680 $28,000 $102,680
2018 $4,301 $122,880 $24,000 $98,880
2016 $3,984 $113,600 $22,000 $91,600
2015 $3,830 $106,160 $20,000 $86,160
2014 -- $106,160 $20,000 $86,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6723281

First Multiple Listing Service (FMLS)

APN: 6-240-544