NOT LISTED FOR SALE

5407 Rails Way Norcross, GA 30071

Estimated Value: $283,000 - $321,000

3 Beds
2 Baths
1,380 Sq Ft
$222/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $283,000 $205 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,003/month

10 Days on Market

Highlights

  • Deck
  • Private Lot
  • No HOA
  • Paul Duke STEM High School Rated A+
  • Solid Surface Countertops
  • Breakfast Area or Nook

About This Home

As of May 2023

NICELY RENOVATED 3 BEDROOM 2 BATHROOM RANCH IN OAKBROOK STATION COMMUNITY FEATURES A BREAKFAST AREA IN THE KITCHEN, FIREPLACE IN THE LIVING ROOM, WHOLE FLOOR TILES AND LVP IN ALL BEDROOMS, AND A HUGE FENCED BACK YARD ADDED WITH TWO NEW PATIOS. KITCHEN HAS NEW BIG TILE COUNTERTOP WITH NEW BACKSPLASH. THE TWO NEW PATIOS ARE WAITING FOR YOUR ADDITIONS OF FLOWER BOXES, OUTDOOR FUNTIURES OR GAZEBO. HOUSE IS CLOSE TO SHOPPINGS AND RESTAURANTS WITH QUICK ACCESS TO I-85. ASIDE FROM ADOPTING AS YOUR SWEET HOME, IT ALSO HAS THE GREAT POTENTIOAL AS AN INVESTMENT PROPERTY. NO BLIND OFFERS PLEASE! THERE IS NO SELLER DISCLOSURE AVAILABLE SINCE SELLERS HAD NEVER LIVED IN THIS PROPERTY. BUYERS AND SELLING AGENTS ARE RESPONSIBLE FOR VERIFYING ALL INFORMATION AND PERFORM YOUR DUE DILIGENCE. SELLER PREFER TO USE LIU & ASSOCIATES P.C. AS THE CLOSING ATTORNEY. ***[NOTE]***: WE HAD RECEIVED MULTIPLE OFFERS AND SELLER DECIDES TO CLOSE OFFER TIME LIMIT ON SUNDAY (02/05/2023) AT 6:00PM. YOU ARE WELCOME TO RE-/SUBMIT YOUR BEST OFFER. THOSE OFFERORS PLEASE UPDATE OR SEND NOTICE THROUGH EMAIL TO LISTING AGENT TO CHANGE OR EXTEND YOUR OFFER ACCEPTANCE TIME LIMITS TILL TUESDAY (02/07/2023) PLEASE! BUYER ANS SELLER MAY BE ABLE TO BIND EARLIER THAN THAT.

Last Listed By

Kevin Sun

Total Realty USA, Inc. License #395607 Listed on: 01/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,064

Year Built

  • Built in 1984

Lot Details

  • 7,405 Sq Ft Lot
  • Back Yard Fenced
  • Private Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

  • Beaver Ridge Elementary School
  • Summerour Middle School
  • Norcross High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Oakbrook Station Subdivision

Listing and Financial Details

  • Tax Lot 38

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,064

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Electric: 220 Volts
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .17
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Refrigerator
  • Bedrooms: 3
  • Basement: None
  • Interior Amenities: Master On Main Level, Other
  • Full Bathrooms: 2
  • Fireplace Features: Factory Built, Living Room
  • Flooring: Laminate, Vinyl
  • Kitchen Features: Breakfast Area, Pantry, Solid Surface Counters

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick, Wood Siding
  • Fencing: Back Yard, Fenced
  • Foundation Details: Slab
  • Lot Features: Private
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level, Side/Rear Entrance

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Hall
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None, Other

Schools

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

Lot Info

  • Land Lot: 214
  • Lot: 38
  • Deed Book: 52619
  • Deed Page: 151

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Apr 28, 2023
Sold by
Ying Feng Development Inc
Bought by
Yes Property Investments Inc
Seller's Agent
Kevin Sun
Total Realty USA, Inc.
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$289,000
Sold Price
$283,000
Premium/Discount to List
-$6,000
-2.08%
Total Days on Market
10
Views
210
Current Estimated Value
$306,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,838
Avg. Annual Appreciation
4.08%

Purchase Details

Closed on
Oct 9, 2013
Sold by
Sio Sok Peng
Bought by
Ying Feng Development Inc

Purchase Details

Closed on
Apr 4, 2011
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Sio Sok P

Purchase Details

Closed on
Oct 5, 2010
Sold by
Bank Of America Na
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Mar 19, 2007
Sold by
Valencia Cesar
Bought by
Hernandez Juan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2004
Sold by
Culberson Mark W
Bought by
Valencia Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,440
Interest Rate
6.24%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Yes Property Investments Inc $283,000 --
Ying Feng Development Inc -- --
Sio Sok P -- --
Federal Natl Mtg Assn Fnma -- --
Bank Of America Na $141,668 --
Hernandez Juan R $145,500 --
Valencia Cesar $130,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Juan R $145,000
Previous Owner Valencia Cesar $126,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $283,000 -2.1% $205 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $289,000 -- $209 / 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 $3,622 $107,960 $22,400 $85,560
2022 $3,098 $96,520 $22,400 $74,120
2021 $2,064 $62,920 $13,600 $49,320
2020 $2,080 $62,920 $13,600 $49,320
2019 $2,193 $48,960 $10,800 $38,160
2018 $1,621 $48,960 $10,800 $38,160
2016 $1,263 $38,200 $8,000 $30,200
2015 $1,365 $29,240 $6,000 $23,240
2014 -- $29,240 $6,000 $23,240
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 10127223

Georgia MLS

APN: 6-214-222