5497 Rails Way Unit 1 Norcross, GA 30071
Estimated Value: $321,000 - $355,000
3
Beds
2
Baths
1,864
Sq Ft
$180/Sq Ft
Est. Value
About This Home
This home is located at 5497 Rails Way Unit 1, Norcross, GA 30071 and is currently estimated at $335,156, approximately $179 per square foot. 5497 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
Aug 8, 1997
Sold by
Macdonald Margaret
Bought by
Duong Hung Tan and Huynh Thuy Mong
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
$83,250
Outstanding Balance
$16,735
Interest Rate
7.43%
Mortgage Type
New Conventional
Estimated Equity
$317,217
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 |
---|---|---|---|
Duong Hung Tan | $92,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Closed | Duong Hung T | $8,930 | |
Open | Duong Hung Tan | $83,250 |
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 |
---|---|---|---|---|
2023 | $2,673 | $121,280 | $22,400 | $98,880 |
2022 | $2,412 | $108,080 | $22,400 | $85,680 |
2021 | $1,686 | $70,600 | $13,600 | $57,000 |
2020 | $1,703 | $70,600 | $13,600 | $57,000 |
2019 | $1,878 | $53,760 | $10,800 | $42,960 |
2018 | $1,345 | $53,760 | $10,800 | $42,960 |
2016 | $1,094 | $42,040 | $8,000 | $34,040 |
2015 | $1,231 | $32,200 | $6,000 | $26,200 |
2014 | -- | $32,200 | $6,000 | $26,200 |
Source: Public Records
Map
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