NOT LISTED FOR SALE

5684 Cobb Meadow Unit 2 Norcross, GA 30093

Estimated Value: $397,428 - $457,000

3 Beds
3 Baths
3,187 Sq Ft
$130/Sq Ft Est. Value

Last Sold December 26, 2013

Last sale price $150,000 $47 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $2,604/month

81 Days on Market

Highlights

  • Property is walking distance to MARTA
  • Great Room
  • Programmable Thermostat
  • McClure Health Science High School Rated A-
  • Den
  • Dining Room

About This Home

As of December 2013

Newly renovated, 4 side brick, New Roof, HVAC, Water Heater, Wood Floor, Dish Washer, Finished Basement, Great Location close to Everything: Major Hwy & Main roads, Fine Dining, Shopping, professional Services, Entertainments are just within 5 minutes. Large great room with FP, Separate Dinning Room, Gourmet Kitchen open to Breakfast area. Large Laundry, Enclosed Patio with Wall of Windows. Covered Additional Patio Overview to Private Backyard. Level Driveways access to Basement.

Last Listed By

Silvia Cheng

Drake Realty, Inc. License #319729 Listed on: 10/06/2013

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,340

Year Built

  • 1971

Lot Details

  • 0.46

Home Design

  • Floor Insulation

Interior Spaces

  • Great Room
  • Dining Room
  • Den

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Location

  • Property is walking distance to MARTA
  • Property is near shops

Schools

  • Rockbridge / Gwinnett / Gwinnett County Elementary School
  • Lilburn / Gwinnett / Gwinnett County Middle School
  • Meadowcreek / Gwinnett / Gwinnett County High School

Utilities

  • Programmable Thermostat
  • Gas Water Heater
  • Septic Tank

Property Details

Home Type

Other

Est. Annual Taxes

$3,340

Year Built

1971

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1971

Interior Features

  • Fireplace(s): 2, In Basement, In Great/Family Room, Factory Built, Wood Stove
  • Basement: Bath Finished, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Equipment: Smoke/Fire Alarm
  • Kitchen Equipment: Convection Oven, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Interior Amenities: Cable In Street, Entrance Foyer, Hardwood Floors, Pulldown Attic Stairs, Recently Renovated, Tile Bath, Tile Floors, Wall-to-wall Carpet
  • Laundry Location: Hall
  • Laundry Type: Closet
  • Below Grade Finished Sq Ft: 1160
  • Total Finished Sq Ft: 3187
  • Kitchen / Breakfast: Breakfast Area, Pantry, Second Kitchen, Solid Surface Counters

Exterior Features

  • Construction: Brick 4 Sided, Wood Siding
  • Exterior Features: Deck/Patio, Fenced Yard, Garden Area
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door, Garage, Side/Rear Entrance

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Central, Heat Pump
  • Energy Features: Floor Insulation, Programmable Thermostat, Storm Doors, Gas Water Heater
  • Water/Sewer: Public Water, Septic Tank

Association/Amenities

  • Amenities: Walk To Marta, Walk To Shopping

Schools

  • Elementary School: Rockbridge / Gwinnett / Gwinnett County, GA
  • Elementary Bus Line: Yes
  • High School: Meadowcreek / Gwinnett / Gwinnett County, GA
  • High School Bus: Yes
  • Middle School: Lilburn / Gwinnett / Gwinnett County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Cul De Sac, Private Backyard
  • Lot Size: 1/3 - 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2013
Closed on
Dec 26, 2013
Sold by
Lee Lin Sum
Bought by
Patel Mital Krishnakant
Seller's Agent
Silvia Cheng
Drake Realty, Inc.
Buyer's Agent
Christopher Williams
Keller Williams Realty
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Total Days on Market
81
Current Estimated Value
$415,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,607
Avg. Annual Appreciation
9.34%
Original Mortgage
$135,000
Outstanding Balance
$103,031
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$312,576

Purchase Details

Closed on
Dec 23, 2011
Sold by
Secretary Of Housing And U
Bought by
Lee Lin Sum and Chen Yu Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2011
Sold by
Sandoval Jaime E and Sandoval Maria E
Bought by
Wells Fargo Bk Na

Purchase Details

Closed on
Dec 14, 1998
Sold by
Fox Howard B and Fox Caral W
Bought by
Sandoval Jaime E and Sandoval Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,644
Interest Rate
6.94%
Mortgage Type
FHA

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
Patel Mital Krishnakant $150,000 --
Lee Lin Sum $78,500 --
Wells Fargo Bk Na $115,716 --
Sandoval Jaime E $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mital Krishnakant $135,000
Previous Owner Lee Lin Sum $58,800
Previous Owner Sandoval Jaime E $30,000
Previous Owner Sandoval Jaime E $135,644
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2013 12/26/13 Sold $150,000 0.0% $47 / Sq Ft
11/01/2013 11/01/13 Off Market $150,000 -- --
10/06/2013 10/06/13 For Sale $155,000 -- $49 / 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
2023 $3,340 $130,800 $22,400 $108,400
2022 $3,302 $144,160 $22,400 $121,760
2021 $2,818 $104,680 $16,000 $88,680
2020 $2,284 $78,880 $13,600 $65,280
2019 $2,252 $78,880 $13,600 $65,280
2018 $2,252 $78,880 $12,000 $66,880
2016 $1,929 $62,800 $10,400 $52,400
2015 $1,734 $53,320 $8,000 $45,320
2014 -- $53,320 $8,000 $45,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07165701

Georgia MLS

APN: 6-171-014