NOT LISTED FOR SALE

5306 Rails Way Norcross, GA 30071

Estimated Value: $329,661 - $363,000

4 Beds
2 Baths
1,312 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $178,200 $136 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,201/month

Highlights

  • No Units Above
  • Private Lot
  • Great Room
  • Paul Duke STEM High School Rated A+
  • Traditional Architecture
  • Stone Countertops

About This Home

As of July 2023

Charming ready to move in ranch house, located minutes from Historic Downtown Norcross, easy access to I-85 and I-285. Master bedroom with walk-in closet and suite. New renovated Roof, Heater, and AC, brand new exterior/interior paint, brand new wall to wall carpet, bathrooms floor tiles, cabinets and sinks, gourmet kitchen with Carrara Marble countertop, tile backsplash and floor, Stanley steal Appliances, fenced private backyard with a nice view patio.

Last Agent to Rent the Property

Vivian Shi

True Legacy Realty, LLC. License #363058 Listed on: 06/05/2023

Last Renter's Agent

Vivian Shi

True Legacy Realty, LLC. License #363058 Listed on: 06/05/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,134

Year Built

  • Built in 1985

Lot Details

  • 7,405 Sq Ft Lot
  • No Units Located Below
  • Private Lot
  • Sloped Lot
  • Back Yard Fenced

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Family Room with Fireplace
  • Great Room
  • Carpet
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Dual Closets
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on main level

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Driveway

Outdoor Features

  • Patio

Schools

  • Norcross Elementary School
  • Summerour Middle School
  • Norcross High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Application Fee Required
  • Oakbrook Station Subdivision

Listing and Financial Details

  • 12 Month Lease Term
  • $47 Application Fee
  • Assessor Parcel Number R6214 254

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,134

Year Built

Built in 1985

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Water
  • Credit Report Required: Yes
  • Deposit: ONE MONTH RENT
  • Lease Term: 12 Months
  • Per Adult Dollar: 47.00
  • Per Family Dollar: 94.00
  • Pets Allowed: Call
  • Application Fee Per Adult: Yes
  • Application Fee Per Family: Yes
  • Pet Deposit Dollar: 400.00
  • Deposit Required: See Remarks

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1985
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater, Refrigerator
  • Interior Amenities: Disappearing Attic Stairs, His and Hers Closets
  • Kitchen Features: Cabinets White, Stone Counters
  • Common Walls: No One Above, No One Below
  • Additional Rooms: Great Room - 1 Story
  • Square Footage: 1312.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Main Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Fencing: Back Yard, Fenced
  • Patio And Porch Features: Patio

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Parking Pad

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Hall, Main Level
  • Utilities: Electricity Available, Natural Gas Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Management: Professionally Managed
  • Subdivision Complex: Oakbrook Station

Schools

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

Lot Info

  • Acres: 0.1700
  • Lot Features: Back Yard, Private, Sloped
  • Lot Dimensions: x
  • Parcel Number: R6214 254
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: R6214-254
  • Close Date: 2023-07-17

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Norcross
  • High School: Norcross
  • Middle School: Summerour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Apr 17, 2018
Sold by
Palomino Vanessa N
Bought by
Vu Teresa and Vu Qui
Seller's Agent
Tony Lin
True Legacy Realty, LLC.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
Sold Price
$1,500
Current Estimated Value
$341,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,915
Avg. Annual Appreciation
9.22%
Original Mortgage
$130,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2016
Closed on
Apr 15, 2016
Sold by
Results Short Sale Llc
Bought by
Palomino Vanessa N
Seller's Agent
Joel Puyat
Abode Realty, Inc.
Buyer's Agent
Robin Lemon
NOT A VALID MEMBER
List Price
$159,000
Sold Price
$155,500
Premium/Discount to List
-$3,500
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$152,683
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 23, 2015
Closed on
Nov 19, 2015
Sold by
Deutsche Bank National Trust Co Trustee
Bought by
Results Short Sale Llc
Seller's Agent
TOMMY BLACKWELL
Blackwell Realty Company
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$85,300
Sold Price
$92,000
Premium/Discount to List
$6,700
7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
271.41%

Purchase Details

Closed on
Aug 4, 2015
Sold by
Iski Kathryn
Bought by
Deutsche Bank National Trust Co Trustee

Purchase Details

Closed on
Jun 16, 2005
Sold by
Leon Juan S and Leon Gloria
Bought by
Iski Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 1999
Sold by
Lantz Michael J and Lantz Shelia A
Bought by
Leon Juan S and Leon Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,106
Interest Rate
7.23%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Vu Teresa $178,200 --
Palomino Vanessa N $155,500 --
Results Short Sale Llc $92,000 --
Deutsche Bank National Trust Co Trustee $96,000 --
Iski Kathryn $140,000 --
Leon Juan S $103,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Teresa $126,000
Closed Vu Teresa $130,000
Previous Owner Palomino Vanessa N $152,683
Previous Owner Iski Kathryn $28,000
Previous Owner Iski Kathryn $112,000
Previous Owner Leon Juan S $103,835
Previous Owner Leon Juan S $103,106
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Rented $2,100 0.0% --
06/27/2023 06/27/23 Price Changed $2,100 -4.5% $2 / Sq Ft
06/05/2023 06/05/23 For Rent $2,200 +10.0% --
09/10/2021 09/10/21 Rented $2,000 0.0% --
09/08/2021 09/08/21 For Rent $2,000 +29.0% --
08/30/2019 08/30/19 Rented $1,550 0.0% --
08/20/2019 08/20/19 For Rent $1,550 +3.3% --
12/28/2018 12/28/18 Rented $1,500 0.0% --
11/30/2018 11/30/18 For Rent $1,500 0.0% --
05/06/2018 05/06/18 Rented $1,500 -99.2% --
04/24/2018 04/24/18 Under Contract -- -- --
04/17/2018 04/17/18 Sold $178,200 0.0% $113 / Sq Ft
04/16/2018 04/16/18 For Rent $1,500 0.0% --
04/01/2018 04/01/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $165,000 0.0% $105 / Sq Ft
03/09/2017 03/09/17 Rented $1,250 0.0% --
02/23/2017 02/23/17 Under Contract -- -- --
01/31/2017 01/31/17 For Rent $1,250 0.0% --
04/15/2016 04/15/16 Sold $155,500 -2.2% $99 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $159,000 +72.8% $101 / Sq Ft
11/19/2015 11/19/15 Sold $92,000 +7.9% $70 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $85,300 -- $65 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $4,134 $129,200 $22,400 $106,800
2023 $4,134 $133,160 $22,400 $110,760
2022 $3,702 $115,320 $22,400 $92,920
2021 $2,489 $75,880 $13,600 $62,280
2020 $2,508 $75,880 $13,600 $62,280
2019 $2,592 $59,160 $10,800 $48,360
2018 $1,704 $51,480 $10,800 $40,680
2016 $1,217 $36,800 $8,000 $28,800
2015 $1,117 $29,200 $6,000 $23,200
2014 -- $29,200 $6,000 $23,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7227070

First Multiple Listing Service (FMLS)

APN: 6-214-254