NOT LISTED FOR SALE

5196 Rails Way Norcross, GA 30071

Estimated Value: $314,000 - $344,000

3 Beds
2 Baths
1,460 Sq Ft
$225/Sq Ft Est. Value

About This Home

This home is located at 5196 Rails Way, Norcross, GA 30071 and is currently estimated at $328,370, approximately $224 per square foot. 5196 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 20, 2021
Sold by
Nucenco Properties Vi Llc
Bought by
Truong Long H and Long Truong & Hanna Nguyen Tr
Current Estimated Value
$328,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,800
Outstanding Balance
$178,563
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$149,807

Purchase Details

Closed on
Oct 3, 2019
Sold by
Truong Long Hoang
Bought by
Nucenco Properties Vi Ll

Purchase Details

Closed on
Jan 2, 2013
Sold by
Nguyen Bill Thanh
Bought by
Truong Long Hoang and Nguyen Hanna

Purchase Details

Closed on
Oct 30, 2009
Sold by
Hud-Housing Of Urban Dev
Bought by
Nguyen Bill T

Purchase Details

Closed on
Dec 2, 2008
Sold by
Chase Home Finance Llc
Bought by
Hud-Housing Of Urban Dev

Purchase Details

Closed on
Jun 21, 2001
Sold by
Cox James D
Bought by
Padilla Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,692
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 1998
Sold by
Cox James D and Cox Sherrer, S
Bought by
Cox James D and Cox Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,545
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 1997
Sold by
Melanie Manning Wood
Bought by
Cox James D and Sherrer Steven M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Truong Long H -- --
Nucenco Properties Vi Ll -- --
Truong Long Hoang -- --
Nguyen Bill T -- --
Hud-Housing Of Urban Dev -- --
Chase Hm Fin Llc $142,650 --
Padilla Jose $142,900 --
Cox James D -- --
Cox James D $86,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Long H $191,800
Previous Owner Padilla Jose $140,692
Previous Owner Cox James D $88,545
Closed Cox James D $0
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
2023 $3,896 $121,760 $22,400 $99,360
2022 $3,483 $108,520 $22,400 $86,120
2021 $2,279 $69,480 $13,600 $55,880
2020 $2,296 $69,480 $13,600 $55,880
2019 $2,404 $54,560 $10,800 $43,760
2018 $1,806 $54,560 $10,800 $43,760
2016 $1,411 $42,680 $8,000 $34,680
2015 $1,491 $32,680 $6,000 $26,680
2014 $1,103 $32,680 $6,000 $26,680
Source: Public Records

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