NOT LISTED FOR SALE

5622 Executive Way Norcross, GA 30071

Estimated Value: $250,000 - $276,871

2 Beds
2.5 Baths
1,280 Sq Ft
$203/Sq Ft Est. Value

Last Sold October 08, 2024

Last sale price $252,000 $197 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,817/month

260 Days on Market

Highlights

  • Open-Concept Dining Room
  • No Units Above
  • Home Office
  • Paul Duke STEM High School Rated A+
  • Traditional Architecture
  • Open to Family Room

About This Home

As of October 2024

Renovated End Unit Townhome with spacious living area and private backyard! Featuring new luxury vinyl flooring, new carpet, new interior paint, new ceiling fans, vinyl windows, and new gas water heater. Kitchen has fabulous granite countertops, gas range, black cabinetry, brick-look backsplash, and stainless steel and black appliances.

Buyers must fall in the 80% AMI (Area Median Income) bracket. This is a Gwinnett County HOME/CHDO down payment assistance program. Buyer(s) are eligible to receive up to $14,975 in financial assistance. Veteran Buyers in the 80% AMI income bracket can receive an additional $15,000 in financial assistance. And, First-Generation Homebuyers can receive up to an additional $12,000 in down payment assistance. If your Buyer qualifies for each, he/she/they can receive up to $41,975 in combined assistance. Definitely worth looking into! Please use Showing Time to schedule viewing. Thank you for showing!

Last Agent to Sell the Property

Patricia Houston

Houston Realty, Inc License #281521 Listed on: 11/30/2023

Last Buyer's Agent

Yan Wang

AllTrust Realty, Inc. License #309137

AllTrust Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,551

Year Built

  • Built in 1985

Lot Details

  • 4,356 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • Wood Fence
  • Back Yard Fenced

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Brick Front
  • HardiePlank Type

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Aluminum Window Frames
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Home Office
  • Laundry in Hall

Kitchen

  • Open to Family Room
  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Driveway Level

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 73 / B
  • Assessor Parcel Number R6225B057

Community Details

Overview

  • Community Management Assoc Association
  • Governors Ridge Subdivision
  • Rental Restrictions

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,551

Year Built

Built in 1985

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: PT L73 BB GOVERNORS RIDGE
  • 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, Vinyl
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Range Hood
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Cabinets Other, View to Family Room
  • Common Walls: End Unit, No One Above, No One Below
  • Additional Rooms: Office
  • Dining Room Features: Open Concept
  • Square Footage: 1280.00
  • Spa Features: None
  • Window Features: Aluminum Frames

Beds/Baths

  • Total Bedrooms: 2
  • 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, HardiPlank Type
  • Roof Type: Composition
  • Fencing: Back Yard, Wood
  • Patio And Porch Features: Patio
  • Foundation: Slab

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Level Driveway, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Hall
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc
  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Home Warranty: Yes
  • Management Company Email: speebles@cmacommunities.com
  • Subdivision Complex: Governors Ridge

Association/Amenities

  • Management Company: Community Management Assoc

Lot Info

  • Acres: 0.1000
  • Lot: 73
  • Lot Features: Back Yard, Level
  • Parcel Number: R6225B057
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1551.00
  • 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
Nov 30, 2023
Closed on
Sep 27, 2024
Sold by
Atlanta Neighborhood Development Partner
Bought by
Long Yingzhu
Seller's Agent
Patricia Houston
Houston Realty, Inc
Buyer's Agent
Yan Wang
AllTrust Realty, Inc.
List Price
$268,000
Sold Price
$252,000
Premium/Discount to List
-$16,000
-5.97%
Views
372
Current Estimated Value
$259,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,968
Avg. Annual Appreciation
3.16%
Original Mortgage
$14,975
Outstanding Balance
$12,565
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$247,403

Purchase Details

Listed on
Jun 7, 2023
Closed on
Aug 9, 2023
Sold by
Mehran Properties Inc
Bought by
Atlanta Neighborhood Development Partner
Seller's Agent
Mohammad Yoonas
Chapman Hall Professionals
Buyer's Agent
Patricia Houston
Houston Realty, Inc
List Price
$259,900
Sold Price
$259,900
Views
137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.60%
Original Mortgage
$259,900
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2023
Sold by
Parker Darrell L
Bought by
Mehran Properties Inc

Purchase Details

Closed on
Feb 13, 2004
Sold by
Parker Amanda
Bought by
Parker Darrell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,516
Interest Rate
5.87%
Mortgage Type
VA

Purchase Details

Closed on
Nov 30, 1993
Sold by
First Liberty Bank
Bought by
Withers Erlisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,200
Interest Rate
7.14%
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
Long Yingzhu $252,000 --
Atlanta Neighborhood Development Partner $259,900 --
Mehran Properties Inc $175,100 --
Parker Darrell L $96,000 --
Withers Erlisha $55,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Yingzhu $14,975
Open Long Yingzhu $155,400
Previous Owner Atlanta Neighborhood Development Partner $259,900
Previous Owner Parker Darrell L $94,516
Previous Owner Withers Erlisha $54,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2024 10/08/24 Sold $252,000 -3.4% $197 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
07/23/2024 07/23/24 Price Changed $261,000 -0.4% $204 / Sq Ft
06/26/2024 06/26/24 Price Changed $262,000 -2.2% $205 / Sq Ft
06/07/2024 06/07/24 For Sale $268,000 +6.3% $209 / Sq Ft
05/31/2024 05/31/24 Off Market $252,000 -- --
11/30/2023 11/30/23 For Sale $268,000 +3.1% $209 / Sq Ft
08/09/2023 08/09/23 Sold $259,900 0.0% $203 / Sq Ft View Prior Sale
06/07/2023 06/07/23 For Sale $259,900 -- $203 / 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 $3,167 $98,240 $12,800 $85,440
2023 $3,167 $83,040 $12,800 $70,240
2022 $1,551 $63,000 $10,400 $52,600
2021 $1,320 $50,360 $10,400 $39,960
2020 $1,207 $44,520 $6,760 $37,760
2019 $1,268 $32,440 $4,800 $27,640
2018 $903 $32,440 $4,800 $27,640
2016 $805 $29,400 $4,800 $24,600
2015 $805 $21,480 $4,000 $17,480
2014 -- $16,920 $2,800 $14,120
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Patricia Houston

    Houston Realty, Inc

    (404) 487-6525

    5 in this area

    55 Total Sales

    Patricia Houston
    Section Image

  • Y

    Buyer's Agent in 2024

    Yan Wang

    AllTrust Realty, Inc.

    (770) 979-7969

    1 in this area

    5 Total Sales

    Yan Wang
    Section Image
  • Mohammad Yoonas

    Seller's Agent in 2023

    Mohammad Yoonas

    Chapman Hall Professionals

    (678) 765-9694

    3 in this area

    67 Total Sales

    Mohammad Yoonas
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7309212

First Multiple Listing Service (FMLS)

APN: 6-225B-057

Georgia Gwinnett County Norcross 30071

5622 Executive Way, Norcross, GA

This home is located at 5622 Executive Way, Norcross, GA 30071 since 30 November 2023 and is currently estimated at $259,968, approximately $203 per square foot. This property was built in 1985. 5622 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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