NOT LISTED FOR SALE

5155 Wexford Ln Unit A & B Norcross, GA 30071

Estimated Value: $542,000 - $550,000

6 Beds
4 Baths
2,958 Sq Ft
$185/Sq Ft Est. Value

Last Sold April 11, 2025

Last sale price $555,000 $188 Per Sq Ft

About This Home

As of April 2025

Behold the holy grail of PadSplits! This 5/2.5 (x2) Duplex in Norcross is occupied, well-maintained, and cash-flowing very well. Last year this rental property generated over $99,000 in rents. After expenses and management this is a 7.9% cap investment! The lower bedroom count per unit and being in a neighborhood with many other multifamily homes translates to lower risk for you. It has ample parking to keep the property orderly and the neighbors happy. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but also provides a great investment for its owner. All members are professionally screened by PadSplit and required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is directly deposited into the owner's bank account based on the home's performance from the previous month. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Apr 11, 2025
Sold by
Dr Wexford Llc
Bought by
Choisis Properties Llc
Seller's Agent
Josh Stanton
Keller Williams Realty
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$550,000
Sold Price
$555,000
Premium/Discount to List
$5,000
0.91%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.15%
Original Mortgage
$424,575
Outstanding Balance
$424,202
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$120,770

Purchase Details

Closed on
Jul 22, 2014
Sold by
Charterbank
Bought by
Dr Wexford Llc

Purchase Details

Closed on
Jun 10, 2014
Sold by
Wagener Lisa E
Bought by
Charterbank
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
Choisis Properties Llc $555,000 --
Choisis Properties Llc $555,000 --
Dr Wexford Llc $488,900 --
Dr Wexford Llc $488,900 --
Charterbank -- --
Charterbank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choisis Properties Llc $424,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $555,000 +0.9% --
03/14/2025 03/14/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $550,000 -- --

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 $5,120 $85,800 $16,000 $69,800
2022 $2,754 $85,800 $16,000 $69,800
2021 $2,392 $85,800 $16,000 $69,800
2020 $2,836 $85,800 $16,000 $69,800
2019 $2,017 $85,800 $16,000 $69,800
2018 $1,192 $36,000 $8,000 $28,000
2016 $1,175 $36,000 $8,000 $28,000
2015 $1,614 $35,520 $8,000 $27,520
2014 -- $36,000 $8,000 $28,000
Source: Public Records

Agents Affiliated with this Home

  • Josh Stanton

    Seller's Agent in 2025

    Josh Stanton

    Keller Williams Realty

    (678) 929-5949

    3 in this area

    233 Total Sales

    Josh Stanton
    Section Image
  • Glenda Broker

    Buyer's Agent in 2025

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
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Map

Georgia Gwinnett County Norcross 30071

5155 Wexford Ln Unit A & B, Norcross, GA

This home is located at 5155 Wexford Ln Unit A & B, Norcross, GA 30071 and is currently estimated at $546,500, approximately $184 per square foot. 5155 Wexford Ln Unit A & B is a home located in Gwinnett County with nearby schools including Norcross Elementary School, Summerour Middle School, and Norcross High School.

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