$92,000
SOLD NOV 19, 2015

5306 Rails Way Norcross, GA 30071

3 Beds
2 Baths
1,312 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

8% Above List Price

13 Days on Market

Highlights

  • Double Pane Windows
  • Paul Duke STEM High School Rated A+
  • Family Room

About This Home

As of April 2018

Check out this charming ranch in a wonderful Norcross neighborhood! This property offers a fully fenced backyard, patio, spacious family room, breakfast area, master suite, two additional bedrooms, and so much more. Needs some TLC and will not qualify for FHA or VA financing. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A.

Last Agent to Sell the Property

TOMMY BLACKWELL

Blackwell Realty Company License #176290 Listed on: 10/23/2015

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,134

Year Built

  • 1985

Home Design

  • Slab Foundation

Interior Spaces

  • 1,312 Sq Ft Home
  • Double Pane Windows
  • Family Room

Property Details

Home Type

Other

Est. Annual Taxes

$4,134

Year Built

1985

Lot Details

0

Listing Details

  • Special Features: 20
  • Year Built: 1985

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Factory Built
  • Main Floor Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Basement: Slab/None
  • Kitchen Equipment: Dishwasher, Built-In Microwave
  • Interior Amenities: Wall-to-wall Carpet
  • Kitchen / Breakfast: Breakfast Area
  • Above Grade Finished Sq Ft: 1312

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Fenced Yard
  • Construction: Press Board Siding

Garage/Parking

  • Parking: 1 Car, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Energy Features: Double Pane/Thermo
  • Water/Sewer: Public Water, Sewer Connected

Schools

  • Elementary School: Norcross / Gwinnett / Gwinnett County, GA
  • Middle School: Summerour / Gwinnett / Gwinnett County, GA
  • High School: Norcross / Gwinnett / Gwinnett County, GA

Lot Info

  • Lot Description: Wooded
  • Lot Size: Less than 1/3 Acre

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
13
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
8.78%
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
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: 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
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

  • Vivian Shi

    Seller's Agent in 2023

    Vivian Shi

    True Legacy Realty, LLC.

    (678) 622-6478

    7 Total Sales

    Vivian Shi
    Section Image
  • Tony Lin

    Seller's Agent in 2018

    Tony Lin

    True Legacy Realty, LLC.

    (678) 923-3271

    2 in this area

    117 Total Sales

    Tony Lin
    Section Image
  • Jose Oscar Flores-Moreno

    Seller's Agent in 2018

    Jose Oscar Flores-Moreno

    Keller Williams Rlty Consultants

    (678) 462-7851

    45 Total Sales

    Jose Oscar Flores-Moreno
    Section Image

  • N

    Buyer's Agent in 2018

    NON-MLS NMLS

    Non FMLS Member

  • Helen Nguyen

    Buyer's Agent in 2018

    Helen Nguyen

    Point Honors and Associates, Realtors

    (678) 995-2526

    7 in this area

    189 Total Sales

    Helen Nguyen
    Section Image
  • Marlena Harte

    Seller's Agent in 2017

    Marlena Harte

    LANDA GA LLC

    (510) 858-6884

    60 Total Sales

    Section Image
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Map

Source: Georgia MLS

MLS Number: 07542285

Georgia MLS

APN: 6-214-254

Georgia Gwinnett County Norcross 30071

5306 Rails Way, Norcross, GA

This home is located at 5306 Rails Way, Norcross, GA 30071 and is currently priced at $92,000, approximately $70 per square foot. This property was built in 1985. 5306 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.

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