5416 Rails Way Unit 1 Norcross, GA 30071
Estimated Value: $277,000 - $351,000
3
Beds
2
Baths
1,112
Sq Ft
$286/Sq Ft
Est. Value
About This Home
This home is located at 5416 Rails Way Unit 1, Norcross, GA 30071 and is currently estimated at $318,200, approximately $286 per square foot. 5416 Rails Way Unit 1 is a home located in Gwinnett County with nearby schools including Beaver Ridge Elementary School, Summerour Middle School, and Paul Duke STEM High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 31, 1998
Sold by
Cole Jennifer
Bought by
Almon Kenneth N
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,050
Outstanding Balance
$14,959
Interest Rate
7.06%
Mortgage Type
New Conventional
Estimated Equity
$303,241
Purchase Details
Closed on
Apr 1, 1993
Sold by
Whitlock Chorlotte P
Bought by
Cole Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.57%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Almon Kenneth N | $88,500 | -- | |
| Cole Jennifer | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Almon Kenneth N | $84,050 | |
| Previous Owner | Cole Jennifer | $56,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,240 | $107,760 | $25,840 | $81,920 |
| 2024 | $2,081 | $94,320 | $22,400 | $71,920 |
| 2023 | $2,081 | $94,320 | $22,400 | $71,920 |
| 2022 | $1,892 | $84,760 | $22,400 | $62,360 |
| 2021 | $1,318 | $55,200 | $13,600 | $41,600 |
| 2020 | $1,332 | $55,200 | $13,600 | $41,600 |
| 2019 | $1,527 | $43,080 | $10,800 | $32,280 |
| 2018 | $1,075 | $43,080 | $10,800 | $32,280 |
| 2016 | $872 | $33,600 | $8,000 | $25,600 |
| 2015 | $971 | $25,800 | $6,000 | $19,800 |
| 2014 | $678 | $25,800 | $6,000 | $19,800 |
Source: Public Records
Map
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