5487 Rails Way Unit 1 Norcross, GA 30071
Estimated Value: $310,127 - $334,000
3
Beds
2
Baths
1,056
Sq Ft
$306/Sq Ft
Est. Value
About This Home
This home is located at 5487 Rails Way Unit 1, Norcross, GA 30071 and is currently estimated at $322,782, approximately $305 per square foot. 5487 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
May 15, 1998
Sold by
Armstrong Dwan Harris
Bought by
Vanvantran La Van and Tran Nhan Ai
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
$85,500
Outstanding Balance
$16,245
Interest Rate
7.11%
Estimated Equity
$306,537
Purchase Details
Closed on
Sep 19, 1994
Sold by
Castleberry Todd
Bought by
Armstrong Dwan Harris
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vanvantran La Van | $90,000 | -- | |
| Armstrong Dwan Harris | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vanvantran La Van | $85,500 | |
| Closed | Armstrong Dwan Harris | -- |
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 |
|---|---|---|---|---|
| 2024 | -- | $108,360 | $22,400 | $85,960 |
| 2023 | $142 | $108,360 | $22,400 | $85,960 |
| 2022 | $684 | $96,920 | $22,400 | $74,520 |
| 2021 | $286 | $63,160 | $13,600 | $49,560 |
| 2020 | $286 | $63,160 | $13,600 | $49,560 |
| 2019 | $528 | $48,200 | $10,800 | $37,400 |
| 2018 | $283 | $48,200 | $10,800 | $37,400 |
| 2016 | $282 | $37,600 | $8,000 | $29,600 |
| 2015 | $319 | $28,800 | $6,000 | $22,800 |
| 2014 | $227 | $28,800 | $6,000 | $22,800 |
Source: Public Records
Map
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