$162,000
SOLD OCT 28, 2014

5561 Trace Views Dr Norcross, GA 30071

2 Beds
4 Baths
1,540 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

7% Below List Price

48 Days on Market

Highlights

  • Bonus Room
  • Paul Duke STEM High School Rated A+
  • Great Room

About This Home

As of October 2014

Recently renovate with Granite Counter Top, hardwood through out, new carpet and calling fan. Easy access to I-285 and I-85, Easy access to midtown and down town. Update lighting and blinds through out. Move in Conditions.

Last Agent to Sell the Property

Muling Zhao

Virtual Properties Realty.com License #318257 Listed on: 09/09/2014

Virtual Properties Realty.com

Last Buyer's Agent

Cleve Gaddis

RE/MAX Center License #238775

RE/MAX Center

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,289

Year Built

  • 2002

Home Design

  • Slab Foundation

Interior Spaces

  • Great Room
  • Family Room
  • Bonus Room

Schools

  • Norcross / Gwinnett / Gwinnett County Elementary School
  • Summerour / Gwinnett / Gwinnett County Middle School
  • Norcross / Gwinnett / Gwinnett County High School

Property Details

Home Type

Other

Est. Annual Taxes

$3,289

Year Built

2002

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2002

Interior Features

  • Fireplace(s): 1
  • Basement: Slab/None
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Interior Amenities: Ceilings 9 Ft Plus, Hardwood Floors
  • Below Grade Finished Sq Ft: 330
  • Unfinished Below Grade Sq Ft: 440
  • Kitchen / Breakfast: Breakfast Area, Solid Surface Counters
  • Above Grade Finished Sq Ft: 1540

Exterior Features

  • Construction: Brick Front, Brick/Frame
  • Exterior Features: Deck/Patio

Garage/Parking

  • Parking: 1 Car

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Electric
  • Heating: Central
  • Water/Sewer: Public Water

Condo/Co-op/Association

  • HOA Fees: 1908
  • HOA Fee Frequency: Annual

Schools

  • Elementary School: Norcross / Gwinnett / Gwinnett County, GA
  • High School: Norcross / Gwinnett / Gwinnett County, GA
  • Middle School: Summerour / Gwinnett / Gwinnett County, GA

Lot Info

  • Lot Description: Level Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2014
Closed on
Oct 28, 2014
Sold by
Kwok Fai
Bought by
Hudson Kristen
Seller's Agent
Muling Zhao
Virtual Properties Realty.com
Buyer's Agent
Cleve Gaddis
RE/MAX Center
List Price
$175,000
Sold Price
$162,000
Premium/Discount to List
-$13,000
-7.43%
Current Estimated Value
$395,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,116
Avg. Annual Appreciation
8.50%
Original Mortgage
$113,400
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2002
Sold by
Pulte Home Corp
Bought by
Kwok Hon F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,272
Interest Rate
6.81%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $162,000 --
Deed $169,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $113,400 New Conventional
Previous Owner $167,272 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2014 11/01/14 Off Market $162,000 -- --
10/28/2014 10/28/14 Sold $162,000 0.0% $87 / Sq Ft
10/28/2014 10/28/14 Sold $162,000 -7.4% $105 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $175,000 0.0% $114 / Sq Ft
08/22/2014 08/22/14 For Sale $175,000 -- $94 / Sq Ft
Source: Georgia MLS

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
2024 $3,289 $159,760 $18,400 $141,360
2023 $3,289 $144,600 $18,400 $126,200
2022 $3,085 $125,280 $18,400 $106,880
2021 $2,717 $104,000 $18,400 $85,600
2020 $2,598 $97,320 $11,720 $85,600
2019 $3,065 $85,320 $11,600 $73,720
2018 $2,130 $75,360 $9,600 $65,760
2016 $1,998 $69,200 $9,600 $59,600
2015 $2,303 $59,960 $9,600 $50,360
2014 $2,023 $59,960 $9,600 $50,360
Source: Public Records

Agents Affiliated with this Home

  • Muling Zhao

    Seller's Agent in 2014

    Muling Zhao

    Virtual Properties Realty.com

    (770) 356-4922

    1 in this area

    79 Total Sales

    Muling Zhao
    Section Image
  • Cleve Gaddis

    Buyer's Agent in 2014

    Cleve Gaddis

    RE/MAX

    (678) 987-1921

    2 in this area

    159 Total Sales

    Cleve Gaddis
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07333142

Georgia MLS

APN: 6-272-164

Georgia Gwinnett County Norcross 30071

5561 Trace Views Dr, Norcross, GA

This home is located at 5561 Trace Views Dr, Norcross, GA 30071 and is currently priced at $162,000, approximately $105 per square foot. This property was built in 2002. 5561 Trace Views Dr is a home located in Gwinnett County with nearby schools including Norcross Elementary School, Summerour Middle School, and Paul Duke STEM High School.

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