$155,500
SOLD APR 15, 2016

5306 Rails Way Norcross, GA 30071

4 Beds
2 Baths
1,576 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

2% Below List Price

11 Days on Market

Highlights

  • Private Lot
  • Ranch Style House
  • Stone Countertops
  • Paul Duke STEM High School Rated A+
  • Great Room
  • Formal Dining Room

About This Home

As of April 2018

A charming meticulously restored/designed 4-BR/2B ranch house with the RH latest look and color located in a safe and friendly environment. Has brand new roof, new heating and air, new wall to wall carpet, newly painted exterior and interior, master suite with walk-in closet and ensuite, new bathroom tiles, cabinets and sinks, gourmet kitchen with carera marble counter top and new gleaming stainless steel appliances. Close to banks, restaurants, food chains and I-285 freeway. Property can be shown on March 9, 2015.

Last Agent to Sell the Property

Joel Puyat

Abode Realty, Inc. License #165661 Listed on: 03/01/2016

Last Buyer's Agent

Robin Lemon

NOT A VALID MEMBER License #306105

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $789

Year Built

  • Built in 1985

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Private Lot
  • Sloped Lot
  • Garden

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,576 Sq Ft Home
  • Ceiling Fan
  • Factory Built Fireplace
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Carpet
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Dual Closets
  • 2 Full Bathrooms
  • Low Flow Plumbing Fixtures
  • Bathtub and Shower Combination in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Accessible Home Design

  • Accessible Entrance

Outdoor Features

  • Patio
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Oakbrook Station Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / D
  • Assessor Parcel Number R6214 254

Home Details

Home Type

Single Family

Est. Annual Taxes

$789

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1985
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Refrigerator
  • Interior Amenities: Disappearing Attic Stairs, His and Hers Closets, Low-Flow Fixtures
  • Kitchen Features: Cabinets White, Solid Surface Counters, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1576.00

Beds/Baths

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

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Frame
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Exterior Features: Garden

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Hoa Contact Phone: 000-000-0000
  • Management Phone: 000-000-0000
  • Subdivision Complex: Oakbrook Station

Schools

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

Lot Info

  • Acres: 0.1700
  • Lot: 9
  • Deed Book: 53997
  • Deed Page: 146
  • Plat Book: 0/0
  • Plat Page: 0/0
  • Lot Features: Private, Sloped
  • Lot Dimensions: 7405
  • Parcel Number: R6214 254
  • Property Attached Yn: No

Tax Info

  • Taxes: 789.00
  • Assessor Parcel Number: R6214-254
  • Close Date: 2016-04-15
  • Tax Year: 2015

MLS Schools

  • School Bus Route Elem: 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
Total Days on Market
11
Current Estimated Value
$325,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,659
Avg. Annual Appreciation
8.79%
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
Stand Alone Refi Refinance Of Original Loan

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
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 Type Sale Price Title Company
Warranty Deed $178,200 --
Warranty Deed $155,500 --
Warranty Deed $92,000 --
Foreclosure Deed $96,000 --
Deed $140,000 --
Deed $103,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $126,000 New Conventional
Closed $130,000 New Conventional
Previous Owner $152,683 FHA
Previous Owner $28,000 Unknown
Previous Owner $112,000 New Conventional
Previous Owner $103,835 Stand Alone Refi Refinance Of Original Loan
Previous Owner $103,106 FHA
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
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: 5655118

First Multiple Listing Service (FMLS)

APN: 6-214-254