NOT LISTED FOR SALE

5566 Colbert Trail Norcross, GA 30092

Estimated Value: $698,360 - $832,000

5 Beds
4 Baths
2,792 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 22, 2016

Last sale price $429,000 $154 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,828/month

40 Days on Market

Highlights

  • Home Theater
  • Clubhouse
  • Great Room
  • Simpson Elementary School Rated A
  • Solarium
  • Community Pool

About This Home

As of February 2016

Stunning home w/upgrades throughout. Large open floor plan. Inviting foyer w/leaded glass front foor. Large family room w/floor-to-ceiling stone fireplace & built-ins. Fully remodeled kitchen overlooking family room w/custom cabinets, granite, tile backsplash & huge island. Large master suite w/vaulted bath, soaking tub & separate shower. Beautifully finished basement w/office, media room & bedroom. New carpet, HVAC and water heater. Great sunroom overlooks private bakyard w/multi-level deck. Geat S/T community. Close to private schools: Wesleyan, GAC and Perimeter.

Last Agent to Sell the Property

Nancy Minor

Virtual Properties Realty.com License #128334 Listed on: 12/02/2015

Virtual Properties Realty.com

Last Buyer's Agent

James McCarty

Keller Williams Atlanta Perimeter License #148800

Keller Williams Atlanta Perimeter

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $7,369

Year Built

  • 1982

Lot Details

  • 0.36

Home Design

  • Roof Vent Fans

Interior Spaces

  • Great Room
  • Living Room
  • Dining Room
  • Home Theater
  • Den
  • Solarium
  • Fire and Smoke Detector

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Location

  • Property is near schools
  • Property is near shops

Utilities

  • Programmable Thermostat
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 35

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Swim Team
  • Community Pool

Additional Features

  • Property has a Home Owners Association
  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$7,369

Year Built

1982

Lot Details

0

Listing Details

  • District: 6
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Gas Starter
  • Lower Level Bedroom: 1
  • Lower Level Half Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Basement: Bath Finished, Inside Entrance, Finished Rooms, Partial
  • Equipment: Smoke/Fire Alarm
  • Kitchen Equipment: Dishwasher, Double Oven, Garbage Disposal
  • Interior Amenities: Bookcases, Cable In Street, Double Vanity, Gas Logs, Hardwood Floors, Pulldown Attic Stairs, Separate Shower, Skylight, Wall-to-wall Carpet
  • Laundry Location: Kitchen Area
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 650
  • Unfinished Below Grade Sq Ft: 537
  • Kitchen / Breakfast: Breakfast Room, Island, Solid Surface Counters, Walk-in Pantry
  • Above Grade Finished Sq Ft: 2792

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Fenced Yard, Porch, Sprinkler System
  • Construction: Stucco EIFS

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Energy Features: Programmable Thermostat, Roof Vent Fans, Gas Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 85
  • HOA Fee Frequency: Annual

Association/Amenities

  • Amenities: Clubhouse, Neighborhood Association, Playground, Pool, Street Lights, Swim Team, Tennis Courts, Walk To Schools, Walk To Shopping

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Simpson / Gwinnett / Gwinnett County, GA
  • Middle School: Pinckneyville / Gwinnett / Gwinnett County, GA
  • High School: Norcross / Gwinnett / Gwinnett County, GA

Lot Info

  • Lot Description: Corner, Cul De Sac
  • Lot Size: 1/3 - 1/2 Acre
  • Land Lot: 316
  • Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
Feb 22, 2016
Sold by
Cushing Jeffrey T
Bought by
Hoffman Laure A and Hoffman Philip R
Seller's Agent
Nancy Minor
Virtual Properties Realty.com
Buyer's Agent
James McCarty
Keller Williams Atlanta Perimeter
List Price
$425,000
Sold Price
$429,000
Premium/Discount to List
$4,000
0.94%
Current Estimated Value
$773,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,340
Avg. Annual Appreciation
6.41%
Original Mortgage
$407,550
Outstanding Balance
$325,148
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$448,192

Purchase Details

Closed on
Jun 19, 2001
Sold by
Silver Martin J and Silver Kathleen G
Bought by
Cushing Jeffrey T and Cushing Valerie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,900
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2000
Sold by
Silver Martin J
Bought by
Silver Martin J and Silver Kathleen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,800
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 1994
Sold by
Meisamer J Frank Ann
Bought by
Hart Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
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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
Hoffman Laure A $429,000 --
Cushing Jeffrey T $304,900 --
Silver Martin J -- --
Silver Martin J $277,900 --
Hart Beverly A $211,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Laure A $407,550
Previous Owner Cushing Jeffrey T $336,000
Previous Owner Cushing Jeffrey T $344,000
Previous Owner Cushing Jeffrey T $42,000
Previous Owner Cushing Jeffrey T $317,600
Previous Owner Cushing Jeffrey T $66,500
Previous Owner Cushing Jeffrey T $36,000
Previous Owner Cushing Jeffrey T $279,800
Previous Owner Kane Thomas $100,000
Previous Owner Cushing Jeffrey T $50,000
Previous Owner Cushing Jeffrey T $248,750
Previous Owner Cushing Jeffrey T $243,900
Previous Owner Silver Martin J $219,800
Previous Owner Hart Beverly A $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Sold $429,000 +0.9% $154 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $425,000 -- $152 / 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 $7,369 $247,560 $44,000 $203,560
2023 $7,369 $247,560 $44,000 $203,560
2022 $6,832 $220,960 $36,000 $184,960
2021 $6,095 $179,560 $35,520 $144,040
2020 $6,134 $179,560 $35,520 $144,040
2019 $5,640 $165,680 $30,000 $135,680
2018 $5,659 $165,680 $30,000 $135,680
2016 $4,402 $145,360 $24,000 $121,360
2015 $4,440 $145,360 $24,000 $121,360
2014 -- $145,360 $24,000 $121,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07558220

Georgia MLS

APN: 6-316-162