NOT LISTED FOR SALE

5165 Wexford Ln Norcross, GA 30071

Estimated Value: $396,764 - $509,000

6 Beds
4 Baths
2,357 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $465,000 $197 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,966/month

1 Day on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System
  • Paul Duke STEM High School Rated A+

About This Home

As of May 2024

Massive duplex in a fantastic neighborhood. For the savvy investor or a first-time home buyer. Professionally managed and well maintained. Each unit has 3 bedrooms and 2 full bathrooms. Unit A offers a value-add opportunity, with a tenant in place on a month to month lease. Unit B has been updated, also has a tenant in place with room to raise rent at the end of the year. Don't miss out on this exceptional opportunity to build your portfolio with this gem!

Last Agent to Sell the Property

Zak Elfenbein

Engel & Völkers Atlanta License #410988 Listed on: 04/03/2024

Engel & Völkers Atlanta

Last Buyer's Agent

Zak Elfenbein

Engel & Völkers Atlanta License #410988 Listed on: 04/03/2024

Engel & Völkers Atlanta

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,199

Year Built

  • Built in 1982

Lot Details

  • 0.49

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Parking

  • 6 Parking Spaces
  • Parking Pad

Schools

  • Norcross Elementary School
  • Summerour Middle School

Additional Features

  • 1-Story Property
  • 0.49 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for cable TV, electricity, gas, water

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Wexford Subdivision

Building Details

  • Gross Income $35,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,199

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Section: X
  • Year Built: 1982
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .49
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 6

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Norcross
  • High School: Other
  • Middle School: Summerour

Lot Info

  • Land Lot: X
  • Lot: X

Rental Info

  • Owner Pays: Cable TV, Electricity, Gas, Water

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4199

Multi Family

  • GrossIncome: 35880
  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 7, 2024
Sold by
5165 Wexford Llc
Bought by
Nguyen Tuyet Thi and Nguyen Trinh Anthony
Seller's Agent
Zak Elfenbein
Engel & Völkers Atlanta
Buyer's Agent
Zak Elfenbein
Engel & Völkers Atlanta
List Price
$464,900
Sold Price
$465,000
Premium/Discount to List
$100
0.02%
Views
38
Current Estimated Value
$476,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,691
Avg. Annual Appreciation
1.57%
Original Mortgage
$348,750
Outstanding Balance
$343,539
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$133,152

Purchase Details

Listed on
Mar 8, 2023
Closed on
Apr 27, 2023
Sold by
Jones Bruce H Estate
Bought by
5165 Wexford Llc
Seller's Agent
Brenda Beadles
RE/MAX Metro Atlanta
Buyer's Agent
Zak Elfenbein
Engel & Völkers Atlanta
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%
Views
215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$150,000
Interest Rate
6.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nguyen Tuyet Thi $465,000 --
5165 Wexford Llc $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Tuyet Thi $348,750
Previous Owner 5165 Wexford Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2024 05/07/24 Sold $465,000 0.0% $197 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $464,900 +12.0% $197 / Sq Ft
04/27/2023 04/27/23 Sold $415,000 -3.5% $176 / Sq Ft View Prior Sale
03/15/2023 03/15/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $429,900 0.0% $182 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $429,900 -- $182 / Sq Ft
Source: Georgia MLS

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
2025 $5,500 $174,040 $17,280 $156,760
2024 $4,817 $150,520 $20,000 $130,520
2023 $4,817 $130,800 $20,000 $110,800
2022 $4,199 $130,800 $20,000 $110,800
2021 $2,444 $74,520 $16,000 $58,520
2020 $2,463 $74,520 $16,000 $58,520
2019 $783 $74,520 $16,000 $58,520
2018 $2,467 $74,520 $16,000 $58,520
2016 $1,696 $51,280 $8,000 $43,280
2015 $2,256 $51,280 $8,000 $43,280
2014 $1,080 $32,000 $8,000 $24,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10275419

Georgia MLS

APN: 6-226-350