NOT LISTED FOR SALE

5516 Rails Way Unit 1 Norcross, GA 30071

Estimated Value: $303,606 - $343,000

3 Beds
2 Baths
1,240 Sq Ft
$261/Sq Ft Est. Value

About This Home

This home is located at 5516 Rails Way Unit 1, Norcross, GA 30071 and is currently estimated at $323,902, approximately $261 per square foot. 5516 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 27, 2002
Sold by
Randall Karen J
Bought by
Nandi-Jimenez Sabino
Current Estimated Value
$323,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,784
Outstanding Balance
$61,135
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$237,241

Purchase Details

Closed on
Dec 2, 1994
Sold by
Gober Edgar Mary L
Bought by
Randall Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,368
Interest Rate
9.01%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Nandi-Jimenez Sabino $136,900 --
Randall Karen J $80,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nandi-Jimenez Sabino $6,469
Open Nandi-Jimenez Sabino $134,784
Previous Owner Randall Karen J $96,000
Previous Owner Randall Karen J $80,368
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 $2,641 $110,520 $22,400 $88,120
2022 $2,408 $98,760 $22,400 $76,360
2021 $1,742 $64,400 $13,600 $50,800
2020 $1,758 $64,400 $13,600 $50,800
2019 $1,929 $49,200 $10,800 $38,400
2018 $1,433 $49,200 $10,800 $38,400
2016 $1,084 $38,400 $8,000 $30,400
2015 $1,115 $29,400 $6,000 $23,400
2014 -- $29,400 $6,000 $23,400
Source: Public Records

Map

Georgia Gwinnett County Norcross 30071

5516 Rails Way Unit 1, Norcross, GA

This home is located at 5516 Rails Way Unit 1, Norcross, GA 30071 and is currently estimated at $323,902, approximately $261 per square foot. 5516 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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