NOT LISTED FOR SALE

5585 Executive Way Norcross, GA 30071

Estimated Value: $200,000 - $274,000

2 Beds
2.5 Baths
1,280 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $124,000 $97 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,625/month

4 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Formal Dining Room
  • Paul Duke STEM High School Rated A+
  • Private Yard
  • Open to Family Room

About This Home

As of February 2021

Affordable townhome, with 2 bedrooms and 2 1/2 baths, conveniently located near historic downtown Norcross park restaurants & social
events! Located in Governors Ridge off Mitchell Road. Easy access to 85, Home Depot and Lowes. Freshly painted. Separate Dining and
Living Room with a cozy fireplace. Kitchen renovated. Bedrooms come in roommate plan. Good storage and great backyard. Close to new
schools, park, restaurants, public transportation. Hurry! NO HOA Rental restrictions.

Last Agent to Sell the Property

Jack Bai

Virtual Properties Realty.com License #298789 Listed on: 01/14/2021

Last Buyer's Agent

Ricardo Granados

C A M and Associates Realty Co. License #386048

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,053

Year Built

  • Built in 1985

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • Private Entrance
  • Private Yard

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Factory Built Fireplace
  • Private Rear Entry
  • Entrance Foyer
  • Formal Dining Room
  • Carpet
  • Open Access

Kitchen

  • Open to Family Room
  • Gas Range
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on main level

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Norcross Elementary School
  • Summerour Middle School
  • Norcross High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Patio

Community Details

  • 80 Units
  • Community Management Assoc Association, Phone Number (404) 835-9100
  • Governors Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number R6225B078

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,053

Year Built

Built in 1985

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 1985
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Refrigerator
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Laminate Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1280.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard
  • Foundation: None

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Open Access
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: In Hall, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Termite
  • Community Features: Homeowners Assoc, Near Schools, Near Shopping, Public Transportation
  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Hoa Contact Phone: 404-835-9223
  • Management Company Email: Speebles@cmacommunities.com
  • Management Phone: 404-835-9100
  • Subdivision Complex: Governors Ridge

Association/Amenities

  • Number Of Units In Community: 80
  • Management Company: Community Management Assoc

Lot Info

  • Acres: 0.1500
  • Lot Features: Private
  • Lot Dimensions: x 20
  • Parcel Number: R6225B078
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1053.00
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Norcross
  • High School: Norcross
  • Middle School: Summerour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 12, 2021
Sold by
Zhou Zhanmeng
Bought by
Torres Irma E
Seller's Agent
Jack Bai
Virtual Properties Realty.com
Buyer's Agent
Ricardo Granados
C A M and Associates Realty Co.
List Price
$124,000
Sold Price
$124,000
Current Estimated Value
$228,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,163
Avg. Annual Appreciation
13.35%
Original Mortgage
$93,000
Outstanding Balance
$67,508
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$159,886

Purchase Details

Closed on
Jul 2, 2019
Sold by
Slaton Dixon Karen
Bought by
Lena Holdings Llc

Purchase Details

Listed on
Apr 7, 2017
Closed on
Apr 20, 2017
Sold by
Kylmar Properties Inc
Bought by
Zhanmeng Zhou
Seller's Agent
PATRICIA MCKAY
NOT A VALID MEMBER
Buyer's Agent
Alex ChihIng Lin
NOT A VALID MEMBER
List Price
$85,000
Sold Price
$79,000
Premium/Discount to List
-$6,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torres Irma E $124,000 --
Zhou Zhanmeng -- --
Lena Holdings Llc $58,000 --
Zhanmeng Zhou $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Zhanmeng $93,000
Closed Torres Irma E $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2021 02/12/21 Sold $124,000 0.0% $97 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $124,000 +57.0% $97 / Sq Ft
04/26/2017 04/26/17 Sold $79,000 -7.1% $62 / Sq Ft View Prior Sale
04/11/2017 04/11/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $85,000 -- $66 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $3,002 $94,560 $28,080 $66,480
2024 $2,955 $91,920 $12,800 $79,120
2023 $2,955 $83,040 $12,800 $70,240
2022 $1,606 $49,600 $10,400 $39,200
2021 $1,664 $50,360 $10,400 $39,960
2020 $1,484 $44,520 $6,760 $37,760
2019 $1,473 $31,600 $4,800 $26,800
2018 $1,057 $31,600 $4,800 $26,800
2016 $570 $16,920 $4,800 $12,120
2015 $858 $16,920 $2,800 $14,120
2014 -- $11,560 $2,800 $8,760
Source: Public Records

Agents Affiliated with this Home

  • Jack Bai

    Seller's Agent in 2021

    Jack Bai

    Virtual Properties Realty.com

    (678) 310-5888

    2 in this area

    38 Total Sales

    Jack Bai
    Section Image

  • R

    Buyer's Agent in 2021

    Ricardo Granados

    C A M and Associates Realty Co.

    (770) 617-2831

    12 in this area

    49 Total Sales

    Ricardo Granados
    Section Image

  • P

    Seller's Agent in 2017

    PATRICIA MCKAY

    NOT A VALID MEMBER

  • A

    Buyer's Agent in 2017

    Alex ChihIng Lin

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6824362

First Multiple Listing Service (FMLS)

APN: 6-225B-078

Georgia Gwinnett County Norcross 30071

5585 Executive Way, Norcross, GA

Not Listed for Sale

Townhouses

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