Seller's Agent in 2025
Josh Stanton
Keller Williams Realty
(678) 929-5949
3 in this area
234 Total Sales
5155 Wexford Ln Unit A & B Norcross, GA 30071
--
Bed
--
Bath
--
Sq Ft
0.38
Acres
Highlights
- 2 Fireplaces
- No HOA
- Central Heating and Cooling System
- Paul Duke STEM High School Rated A+
About This Home
As of April 2025Behold 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.
Last Agent to Sell the Property
Keller Williams Realty License #379772 Listed on: 03/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,120
Year Built
- Built in 1982
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- 2 Fireplaces
Parking
- 8 Parking Spaces
- Off-Street Parking
Schools
- Norcross Elementary School
- Summerour Middle School
Additional Features
- 0.38 Acre Lot
- Central Heating and Cooling System
Listing and Financial Details
- The owner pays for electricity, gas, water
- Legal Lot and Block 31 / A
Community Details
Overview
- No Home Owners Association
- 2 Units
- Wexford Subdivision
Building Details
- Electric Expense $6,260
- Insurance Expense $2,005
- Maintenance Expense $11,758
- Water Sewer Expense $6,401
- Operating Expense $49,095
- Gross Income $92,527
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,659
Avg. Annual Appreciation
0.75%
Original Mortgage
$424,575
Outstanding Balance
$424,202
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$132,457
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
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Limited Warranty Deed | $555,000 | -- | |
| Limited Warranty Deed | $555,000 | -- | |
| Warranty Deed | $488,900 | -- | |
| Warranty Deed | $488,900 | -- | |
| Foreclosure Deed | -- | -- | |
| Foreclosure Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $424,575 | New Conventional |
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 | -- | -- |
Source: Georgia MLS
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 |
|---|---|---|---|---|
| 2024 | $5,120 | $176,840 | $20,000 | $156,840 |
| 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
-
Glenda Broker
Buyer's Agent in 2025
Glenda Broker
Non-Mls Company
(800) 289-1214
Map
Source: Georgia MLS
MLS Number: 10471116
APN: 6-226-349
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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