5116 Rails Way Norcross, GA 30071
Estimated Value: $329,939 - $375,000
3
Beds
2
Baths
1,993
Sq Ft
$179/Sq Ft
Est. Value
About This Home
This home is located at 5116 Rails Way, Norcross, GA 30071 and is currently estimated at $356,985, approximately $179 per square foot. 5116 Rails Way is a home located in Gwinnett County with nearby schools including Beaver Ridge Elementary School, Summerour Middle School, and Paul Duke STEM High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 15, 2011
Sold by
Bank Of Ny Mellon 2005-4
Bought by
Gutierrez-Lupercio Francisco
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,156
Outstanding Balance
$33,092
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$323,893
Purchase Details
Closed on
Nov 2, 2010
Sold by
Vesga Carlos
Bought by
Bear Stearns Series 2005-4
Purchase Details
Closed on
Dec 22, 2004
Sold by
Sims Melvin
Bought by
Vesga Carlos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 7, 2004
Sold by
Linton John B and Linton Martha
Bought by
Sims Melvin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gutierrez-Lupercio Francisco | $49,500 | -- | |
| Bear Stearns Series 2005-4 | $75,000 | -- | |
| Vesga Carlos | $112,000 | -- | |
| Sims Melvin | $94,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gutierrez-Lupercio Francisco | $48,156 | |
| Previous Owner | Vesga Carlos | $106,400 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $3,167 | $152,080 | $25,840 | $126,240 |
| 2024 | $2,893 | $132,240 | $22,400 | $109,840 |
| 2023 | $2,893 | $132,240 | $22,400 | $109,840 |
| 2022 | $2,603 | $117,600 | $22,400 | $95,200 |
| 2021 | $1,815 | $76,920 | $13,600 | $63,320 |
| 2020 | $1,834 | $76,920 | $13,600 | $63,320 |
| 2019 | $2,035 | $59,200 | $10,800 | $48,400 |
| 2018 | $1,458 | $59,200 | $10,800 | $48,400 |
| 2016 | $1,182 | $46,320 | $8,000 | $38,320 |
| 2015 | $1,323 | $35,480 | $6,000 | $29,480 |
| 2014 | -- | $35,480 | $6,000 | $29,480 |
Source: Public Records
Map
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