NOT LISTED FOR SALE

5457 Rails Way Norcross, GA 30071

Estimated Value: $272,000 - $333,000

3 Beds
2 Baths
1,168 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 5457 Rails Way, Norcross, GA 30071 and is currently estimated at $297,947, approximately $255 per square foot. 5457 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2008
Sold by
Scheffer Gus E and Scheffer Catherine O
Bought by
Scheffer Stacey L
Current Estimated Value
$297,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2008
Sold by
Suntrust Bk
Bought by
Scheffer Gus E and Scheffer Catherine O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2008
Sold by
Estevez Geraldo
Bought by
Suntrust Bank

Purchase Details

Closed on
Feb 23, 2000
Sold by
Keyton David B and Keyton Elizabeth C
Bought by
Morales Ramline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,593
Interest Rate
8.29%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1993
Sold by
Lavoie Terence J Donna
Bought by
Keyton David B Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,400
Interest Rate
7.34%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Scheffer Stacey L $72,000 --
Scheffer Gus E $74,900 --
Suntrust Bank $80,738 --
Morales Ramline C $108,000 --
Keyton David B Elizabeth $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheffer Stacey L $117,521
Closed Scheffer Stacey L $86,487
Closed Scheffer Stacey L $66,137
Closed Scheffer Stacey L $57,600
Previous Owner Estevez Geraldo $79,310
Previous Owner Morales Ramline C $117,334
Previous Owner Morales Ramline C $106,593
Previous Owner Keyton David B Elizabeth $76,400
Source: Public Records

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 $2,359 $98,440 $22,400 $76,040
2022 $2,160 $88,320 $22,400 $65,920
2021 $1,561 $57,480 $13,600 $43,880
2020 $1,576 $57,480 $13,600 $43,880
2019 $1,767 $44,840 $10,800 $34,040
2018 $1,295 $44,840 $10,800 $34,040
2016 $970 $34,960 $8,000 $26,960
2015 $1,016 $26,760 $6,000 $20,760
2014 -- $26,760 $6,000 $20,760
Source: Public Records

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