NOT LISTED FOR SALE

5618 Executive Way Norcross, GA 30071

Estimated Value: $216,000 - $231,000

3 Beds
2.5 Baths
1,280 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $225,000 $176 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,598/month

5 Days on Market

Highlights

  • No Units Above
  • View of Trees or Woods
  • Property is near public transit
  • Paul Duke STEM High School Rated A+
  • Dining Room Seats More Than Twelve
  • Private Lot

About This Home

As of August 2024

Investor opportunity, great investment! Located only about 1 mile to downtown Norcross' bustling entertainment area with parks, outdoor concerts and more. Featuring two large bedrooms each having their own ensuite, great for roommates. Laundry is upstairs, half bath is located on main floor. The home has plenty of flexible space for a family, large dining room with bay window, additional bonus room/play room/flex room/sunroom with door to backyard area with possible garden space. There is also additional storage in the back of the home. Low HOA fees - the HOA covers the roof, siding and ground maintenance. There are no rental restrictions so this home is perfect for an investor OR primary home buyer. Rare find 4 parking spaces for any townhouse. Priced below others in area because it needs TLC. Opportunity to build sweat equity.

Last Agent to Sell the Property

Catherine Norton

HomeSmart License #268831 Listed on: 08/01/2024

HomeSmart

Last Buyer's Agent

Johanys Osuna

Virtual Properties Realty.com License #397114

Virtual Properties Realty.com

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,374

Year Built

  • Built in 1985

Lot Details

  • 2,178 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Garden
  • Back Yard

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Brick Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Sun or Florida Room
  • Views of Woods

Kitchen

  • Open to Family Room
  • Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on upper level

Home Security

Parking

  • 4 Parking Spaces
  • Parking Pad
  • Parking Accessed On Kitchen Level

Outdoor Features

  • Patio

Location

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

Schools

  • Baldwin - Gwinnett Elementary School
  • Summerour Middle School
  • Norcross High School

Utilities

  • Central Air
  • Heating Available
  • 220 Volts
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number R6225B059

Community Details

Overview

  • Cma Communities Shaunta Association, Phone Number (404) 835-9223
  • Secondary HOA Phone (404) 835-9223
  • Governors Ridge Subdivision
  • FHA/VA Approved Complex

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,374

Year Built

Built in 1985

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: L71 BB GOVERNORS RIDGE #1
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 1985
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate
  • Fireplace Features: Brick, Factory Built, Family Room, Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Range Hood, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Vaulted Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Laminate Counters, Solid Surface Counters, View to Family Room
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Additional Rooms: Sun Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 1280.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Roommate Floor Plan, Split Bedroom Plan
  • Main Bedrooms: 1
  • 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 4 Sides
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Patio
  • Exterior Features: Garden
  • View: Trees/Woods
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking Features: Kitchen Level, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Electric
  • Laundry Features: In Hall, Upper Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure
  • Community Features: Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping
  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Master Association Fee Frequency: Monthly
  • Association: Yes
  • Hoa Contact Phone: 404-835-9223
  • Management Company Email: speebles@cmacommunities.com
  • Management Phone: 404-835-9223
  • Subdivision Complex: Governors Ridge

Association/Amenities

  • Number Of Units In Community: 1
  • Management Company: CMA Communities-Shaunta

Schools

  • Elementary School: Baldwin - Gwinnett
  • Middle School: Summerour
  • High School: Norcross

Lot Info

  • Acres: 0.0500
  • Lot: 71
  • Lot Features: Back Yard, Private
  • Lot Dimensions: x 19
  • Parcel Number: R6225B059
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1374.00
  • Assessor Parcel Number: R6225B-059
  • Close Date: 2024-08-28
  • Tax Year: 2022

MLS Schools

  • Elementary School: Baldwin - Gwinnett
  • High School: Norcross
  • Middle School: Summerour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Aug 28, 2024
Sold by
Crescent Holdings Llc
Bought by
Villavicencio Nilo A Ayala
Seller's Agent
Catherine Norton
HomeSmart
Buyer's Agent
Johanys Osuna
Virtual Properties Realty.com
List Price
$225,000
Sold Price
$225,000
Views
100
Current Estimated Value
$221,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,117
Avg. Annual Appreciation
-1.25%
Original Mortgage
$218,250
Outstanding Balance
$215,713
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$6,170

Purchase Details

Closed on
Feb 24, 2014
Sold by
Chaudrey Arshad
Bought by
Crescent Holdings Llc

Purchase Details

Closed on
Oct 12, 2012
Sold by
Ward Brigeeta
Bought by
Chaudrey Arshad

Purchase Details

Closed on
Apr 26, 1994
Sold by
First Liberty Bank
Bought by
Ward Brigeeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,193
Interest Rate
7.81%
Source: Public Records

Range of Values:

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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
Villavicencio Nilo A Ayala $225,000 --
Crescent Holdings Llc -- --
Chaudrey Arshad $31,900 --
Ward Brigeeta $56,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villavicencio Nilo A Ayala $218,250
Previous Owner Ward Brigeeta $55,193
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $225,000 0.0% $176 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $225,000 -- $176 / 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
2024 $2,955 $91,920 $12,800 $79,120
2023 $2,955 $83,040 $12,800 $70,240
2022 $1,374 $42,400 $6,760 $35,640
2021 $1,402 $42,400 $6,760 $35,640
2020 $1,413 $44,520 $6,760 $37,760
2019 $1,506 $32,440 $4,800 $27,640
2018 $1,085 $32,440 $4,800 $27,640
2016 $983 $29,400 $4,800 $24,600
2015 $1,036 $21,480 $4,000 $17,480
2014 $580 $16,920 $2,800 $14,120
Source: Public Records

Agents Affiliated with this Home

  • Catherine Norton

    Seller's Agent in 2024

    Catherine Norton

    HomeSmart

    (404) 580-3199

    4 in this area

    29 Total Sales

    Catherine Norton
    Section Image
  • Johanys Osuna

    Buyer's Agent in 2024

    Johanys Osuna

    Virtual Properties Realty.com

    (678) 898-8596

    1 in this area

    51 Total Sales

    Johanys Osuna
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7430497

First Multiple Listing Service (FMLS)

APN: 6-225B-059

Georgia Gwinnett County Norcross 30071

5618 Executive Way, Norcross, GA

This home is located at 5618 Executive Way, Norcross, GA 30071 since 01 August 2024 and is currently estimated at $221,883, approximately $173 per square foot. This property was built in 1985. 5618 Executive Way is a home located in Gwinnett County with nearby schools including Baldwin Elementary, Summerour Middle School, and Paul Duke STEM High School.

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