NOT LISTED FOR SALE

5126 Rails Way Norcross, GA 30071

Estimated Value: $337,000 - $370,000

3 Beds
3 Baths
1,576 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 5126 Rails Way, Norcross, GA 30071 and is currently estimated at $352,882, approximately $223 per square foot. 5126 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
Dec 2, 2008
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Desales Alejandro
Current Estimated Value
$352,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,121
Outstanding Balance
$49,570
Interest Rate
6.38%
Mortgage Type
FHA
Estimated Equity
$303,312

Purchase Details

Closed on
Aug 5, 2008
Sold by
Indymac Bk Fsb
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Nov 15, 2007
Sold by
Premier Funding Llc
Bought by
Wright Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,010
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2006
Sold by
Wright Charles
Bought by
Premier Fndg Llc

Purchase Details

Closed on
Jul 21, 2005
Sold by
Secretary Of Hud
Bought by
Willard Const Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,420
Interest Rate
5.51%

Purchase Details

Closed on
Jul 14, 2005
Sold by
Willard Const Inc
Bought by
Wright Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,420
Interest Rate
5.51%

Purchase Details

Closed on
Jan 4, 2005
Sold by
Mers
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jul 24, 2001
Sold by
Posas Julissa
Bought by
Posas Julissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,282
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 1993
Sold by
Mullin Melanie M
Bought by
Reyers Phillip M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,151
Interest Rate
10%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Desales Alejandro $75,100 --
Federal Natl Mtg Assn Fnma -- --
Indymac Bk Fsb $119,807 --
Wright Charles -- --
Veasley Derrick B $158,900 --
Premier Fndg Llc -- --
Willard Const Inc -- --
Wright Charles $105,500 --
Secretary Of Hud -- --
Mers $150,496 --
Posas Julissa -- --
Posas Julissa $143,500 --
Reyers Phillip M $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desales Alejandro $74,121
Previous Owner Veasley Derrick B $143,010
Previous Owner Wright Charles $121,420
Previous Owner Posas Julissa $141,282
Previous Owner Reyers Phillip M $75,151
Closed Reyers Phillip M $3,000
Source: Public Records

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 $3,185 $134,120 $22,400 $111,720
2023 $3,185 $134,120 $22,400 $111,720
2022 $1,078 $119,280 $22,400 $96,880
2021 $2,087 $77,760 $13,600 $64,160
2020 $2,106 $77,760 $13,600 $64,160
2019 $2,418 $63,040 $10,800 $52,240
2018 $1,793 $63,040 $10,800 $52,240
2016 $1,470 $50,080 $8,000 $42,080
2015 $1,529 $39,160 $6,000 $33,160
2014 $1,129 $39,160 $6,000 $33,160
Source: Public Records

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