NOT LISTED FOR SALE

5394 Buford Hwy Norcross, GA 30071

Estimated Value: $632,000

2.14 Acres
$295,327 Price per Acre
93,218 Sq Ft Lot

Last Sold December 05, 2016

Last sale price $295,000

Est. 114% increase in value since last sale

Current estimated payment $4,163/month

459 Days on Market

Highlights

  • 2.14 Acre Lot
  • Stream or River on Lot
  • 1-Story Property
  • Paul Duke STEM High School Rated A+
  • Landscaped with Trees
  • Brush Vegetation

About This Lot

As of December 2016

Over 300 feet of Road frontage on Buford Highway, just north of the Buford Highway, Beaver Ruin Intersection! 2 adjacent parcels available totaling 2.14 acres. Lot contains 3 houses, 2 of which are rented

Last Agent to Sell the Property

Bryan Ashworth

Slate Group Realty, LLC License #364349 Listed on: 07/31/2015

Last Buyer's Agent

Luis Morales

Private Realty, LLC. License #179432

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,455

Year Built

  • Built in 1941

Lot Details

  • 2.14 Acre Lot
  • Property fronts a state road
  • Brush Vegetation
  • Partial filled lot needs fill
  • Landscaped with Trees
  • Property is zoned C-2

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Stream or River on Lot

Listing and Financial Details

  • Assessor Parcel Number R6241 011

Property Details

Property Type

Land

Est. Annual Taxes

$2,455

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Commercial
  • Property Condition: Resale
  • Year Built: 1941
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Beds/Baths

  • Total Bedrooms: 2
  • Main Bedrooms: 2
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Schools

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

Lot Info

  • Acres: 2.1400
  • Timber: Hardwoods
  • Land/Lot: 241
  • Possible Use: Commercial
  • Current Zoning: C-2
  • Current Use: Vacant
  • House On Property: Yes
  • Lot Features: Fill Needed, Stream or River On Lot
  • Lot Dimensions: 330 Width
  • Parcel Number: R6241 011
  • Price Acre Dollar: 137850.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 2455.00
  • Assessor Parcel Number: R6241-011
  • Close Date: 2016-12-05
  • Tax Year: 2014

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2022
Sold by
Mosaic Norcross Llc
Bought by
Crp Ar Prose 5420 Owner Llc
Total Days on Market
459
Current Estimated Value
$632,000

Purchase Details

Closed on
Apr 9, 2021
Sold by
Geeslin Wrigley Investments Lllp
Bought by
Mosaic Norcross Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2021
Sold by
Bestway Finance Inc
Bought by
Geeslin Wrigley Investments Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 31, 2015
Closed on
Dec 5, 2016
Sold by
Billy T
Bought by
Bestway Finance Inc
Seller's Agent
Bryan Ashworth
Slate Group Realty, LLC
Buyer's Agent
Luis Morales
Private Realty, LLC.
List Price
$449,000
Sold Price
$295,000
Premium/Discount to List
-$154,000
-34.3%
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
Crp Ar Prose 5420 Owner Llc $7,000,000 --
Mosaic Norcross Llc $3,640,000 --
Geeslin Wrigley Investments Lllp $850,011 --
Bestway Finance Inc $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mosaic Norcross Llc $2,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2016 12/05/16 Sold $295,000 -34.3% --
11/01/2016 11/01/16 Pending -- -- --
07/31/2015 07/31/15 For Sale $449,000 -- --
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
2022 $8,789 $225,600 $59,600 $166,000
2021 $4,474 $109,840 $97,040 $12,800
2020 $4,502 $109,840 $97,040 $12,800
2019 $1,743 $109,840 $97,040 $12,800
2018 $1,273 $38,120 $28,120 $10,000
2016 $1,260 $38,120 $28,120 $10,000
2015 $1,602 $38,120 $28,120 $10,000
2014 -- $38,120 $28,120 $10,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bryan Ashworth

    Slate Group Realty, LLC

    (404) 925-2958

    1 in this area

    69 Total Sales

    Bryan Ashworth
    Section Image
  • Luis Morales

    Buyer's Agent in 2016

    Luis Morales

    Private Realty, LLC.

    (770) 614-6992

    17 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5577976

First Multiple Listing Service (FMLS)

APN: 6-241-011

Georgia Gwinnett County Norcross 30071

5394 Buford Hwy, Norcross, GA

This home is located at 5394 Buford Hwy, Norcross, GA 30071 since 31 July 2015 and is currently priced at $632,000. This property was built in 1941. 5394 Buford Hwy is a home located in Gwinnett County with nearby schools including Norcross Elementary School, Summerour Middle School, and Norcross High School.

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