NOT LISTED FOR SALE

5519 Folly Place Norcross, GA 30092

Estimated Value: $702,000 - $880,000

4 Beds
4 Baths
2,959 Sq Ft
$256/Sq Ft Est. Value

About This Home

This home is located at 5519 Folly Place, Norcross, GA 30092 and is currently estimated at $757,133, approximately $255 per square foot. 5519 Folly Place is a home located in Gwinnett County with nearby schools including Simpson Elementary School, Pinckneyville Middle School, and Norcross High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2021
Sold by
Lewis Melissa Renee
Bought by
Hobbs Melissa Renee and Hobbs David B
Current Estimated Value
$757,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$306,600
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$450,533

Purchase Details

Closed on
Jun 17, 2016
Sold by
Beard Daniel J
Bought by
Hobbs David B and Lewis Melissa Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2008
Sold by
Wachovia Bk Na
Bought by
Beard Daniel J and Beard Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,999
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2008
Sold by
Emery William D and Emery Janice E
Bought by
Countrywide Hm Lns Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Hobbs Melissa Renee -- --
Hobbs David B $460,000 --
Beard Daniel J $320,000 --
Beard Daniel J $320,000 --
Countrywide Hm Lns Inc $151,994 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs Melissa Renee $345,000
Previous Owner Hobbs David B $368,000
Previous Owner Beard Daniel J $237,999
Previous Owner Beard Daniel J $295,000
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
2025 $9,501 $265,200 $50,160 $215,040
2024 $8,742 $240,960 $50,000 $190,960
2023 $8,742 $240,960 $50,000 $190,960
2022 $8,099 $222,240 $42,000 $180,240
2021 $7,228 $193,640 $35,520 $158,120
2020 $7,271 $193,640 $35,520 $158,120
2019 $6,423 $177,080 $30,000 $147,080
2018 $6,445 $177,080 $30,000 $147,080
2016 $5,642 $155,400 $24,000 $131,400
2015 $5,507 $155,400 $24,000 $131,400
2014 -- $155,400 $24,000 $131,400
Source: Public Records

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