5507 Rails Way Unit 1 Norcross, GA 30071
Estimated Value: $323,340 - $344,000
3
Beds
3
Baths
1,473
Sq Ft
$225/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 $330,835, approximately $224 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
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
Outstanding Balance
$10,208
Interest Rate
6.28%
Mortgage Type
Unknown
Estimated Equity
$320,627
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Todorov Kiril M | $121,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Todorov Kiril M | $18,150 | |
| Open | Todorov Kiril M | $96,800 |
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 | -- | $115,200 | $22,400 | $92,800 |
| 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
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