5576 Rails Way Unit 1 Norcross, GA 30071
Estimated Value: $326,818 - $385,000
3
Beds
3
Baths
1,675
Sq Ft
$210/Sq Ft
Est. Value
About This Home
This home is located at 5576 Rails Way Unit 1, Norcross, GA 30071 and is currently estimated at $350,955, approximately $209 per square foot. 5576 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 9, 2021
Sold by
Resi Tl1 Borrower Llc
Bought by
Home Sfr Borrower Iv Llc
Current Estimated Value
Purchase Details
Closed on
Apr 6, 2017
Sold by
Not Provided
Bought by
Resi Tl1 Borrower Llc
Purchase Details
Closed on
Aug 18, 2015
Sold by
Ih2 Property Trs 2 Lp
Bought by
Arlp Reo 400 Llc and C/O Altisource Asset Management Corp
Purchase Details
Closed on
Jun 15, 2012
Sold by
Bltrejv2 Atlanta Residenti
Bought by
Atlanta Region Sph I Llc
Purchase Details
Closed on
Apr 3, 2012
Sold by
Granado Hilario
Bought by
Bltrejv2 Atlanta Residential B
Purchase Details
Closed on
Nov 12, 1999
Sold by
Evans Eric G
Bought by
Granado Hilario
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.81%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Home Sfr Borrower Iv Llc | -- | -- | |
| Resi Tl1 Borrower Llc | -- | -- | |
| Arlp Reo 400 Llc | $2,852,800 | -- | |
| Atlanta Region Sph I Llc | $53,142 | -- | |
| Bltrejv2 Atlanta Residential B | $31,000 | -- | |
| Granado Hilario | $103,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Granado Hilario | $103,000 |
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 |
|---|---|---|---|---|
| 2025 | $3,686 | $116,640 | $22,400 | $94,240 |
| 2024 | $3,732 | $116,640 | $22,400 | $94,240 |
| 2023 | $3,732 | $120,200 | $22,400 | $97,800 |
| 2022 | $2,124 | $66,160 | $13,600 | $52,560 |
| 2021 | $2,170 | $66,160 | $13,600 | $52,560 |
| 2020 | $2,187 | $66,160 | $13,600 | $52,560 |
| 2019 | $1,934 | $42,840 | $8,000 | $34,840 |
| 2018 | $1,418 | $42,840 | $8,000 | $34,840 |
| 2016 | $1,358 | $41,080 | $8,000 | $33,080 |
| 2015 | $1,438 | $31,440 | $6,000 | $25,440 |
| 2014 | $1,061 | $31,440 | $6,000 | $25,440 |
Source: Public Records
Map
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