NOT LISTED FOR SALE

5507 Rails Way Unit 1 Norcross, GA 30071

Estimated Value: $285,000 - $338,000

3 Beds
3 Baths
1,473 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 5507 Rails Way Unit 1, Norcross, GA 30071 and is currently estimated at $316,793, approximately $215 per square foot. 5507 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
Dec 28, 2005
Sold by
Hobbs Timothy W and Hobbs Susan B
Bought by
Todorov Kiril M and Todorova Milena
Current Estimated Value
$316,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,150
Interest Rate
6.28%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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
Todorov Kiril M $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Todorova Kiril M $88,000
Closed Todorov Kiril M $18,150
Closed Todorov Kiril M $96,800
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 $3,698 $120,160 $22,400 $97,760
2022 $1,010 $106,800 $22,400 $84,400
2021 $2,301 $70,160 $13,600 $56,560
2020 $2,319 $70,160 $13,600 $56,560
2019 $2,440 $55,760 $10,800 $44,960
2018 $1,846 $55,760 $10,800 $44,960
2016 $1,257 $43,640 $8,000 $35,640
2015 $1,273 $33,520 $6,000 $27,520
2014 -- $33,520 $6,000 $27,520
Source: Public Records

Map

Georgia Gwinnett County Norcross 30071

5507 Rails Way Unit 1, Norcross, GA

This home is located at 5507 Rails Way Unit 1, Norcross, GA 30071 and is currently estimated at $316,793, approximately $215 per square foot. 5507 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.

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