NOT LISTED FOR SALE

5961 Rachel Ridge Norcross, GA 30092

Estimated Value: $841,491 - $1,140,000

5 Beds
5 Baths
3,815 Sq Ft
$270/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $490,000 $128 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $6,192/month

36 Days on Market

Highlights

  • Two Primary Bedrooms
  • Dining Room Seats More Than Twelve
  • Recreation Room
  • Simpson Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of January 2016

Fabulous custom brick home in Neely Farm... River park, clubhouse, playground, swim and tennis courts galore. Updated and pristine with hardwood floors, plantation shutters, chef's kitchen, gorgeous "Southern Living"porch overlooking private backyard. Finished daylight terrace with full bath, f/p,rec room, bedrm, wine bar, and storage areas. Luxurious master suite with custom closet, elegant stone, spa bathroom renovation. Oversized bedrms, craft rm, front and rear stairs. Comfortable den with f/p, living rm and banquet size formal dining rm. Simpson elementary!!!

Last Agent to Sell the Property

Mary Ellen Harris

BHHS Georgia Properties License #53005 Listed on: 12/08/2015

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $9,113

Year Built

  • 1986

Lot Details

  • 0.36

Interior Spaces

  • Double Master Bedroom
  • Family Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Recreation Room
  • Home Gym
  • Fire and Smoke Detector

Finished Basement

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

Eco-Friendly Details

  • Certified Good Cents

Utilities

  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 24 / A

Community Details

Recreation

  • Community Playground
  • Swim Team
  • Community Pool
  • Park

Additional Features

  • Property has a Home Owners Association
  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$9,113

Year Built

1986

Lot Details

0

Listing Details

  • District: 6
  • Special Features: None
  • Year Built: 1986

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2, In Basement, In Great/Family Room, Gas Starter
  • Lower Level Bedroom: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Basement: Bath Finished, Daylight, Finished Rooms, Full
  • Equipment: Smoke/Fire Alarm
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Built-In Microwave, Refrigerator
  • Interior Amenities: Cable In Street, Garden Tub
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 308
  • Unfinished Below Grade Sq Ft: 1509
  • Kitchen / Breakfast: Breakfast Room, Island
  • Above Grade Finished Sq Ft: 3815

Exterior Features

  • Roof: Composition
  • Exterior Features: Garden Area, Screen Porch, Sprinkler System
  • Construction: Brick 4 Sided

Garage/Parking

  • Parking: Attached, Kitchen Level Entry, Side/Rear Entrance

Utilities

  • Cooling: Ceiling Fan, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Forced Air, Zoned/Dual
  • Energy Features: Certified Good Cents, Gas Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 1000
  • HOA Fee Frequency: Annual

Association/Amenities

  • Amenities: Clubhouse, Neighborhood Association, Park, Playground, Pool, Sidewalks, Street Lights, Swim Team, Underground Utilities

Fee Information

  • Initiation Fee: 2500.0

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Simpson / Gwinnett / Gwinnett County, GA
  • Middle School: Pinckneyville / Gwinnett / Gwinnett County, GA
  • High School: Norcross / Gwinnett / Gwinnett County, GA

Lot Info

  • Lot Description: Level Lot, Private Backyard, Wooded
  • Lot Size: 1/2 - 1 Acre
  • Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2016
Sold by
King Andrew R and King Jennifer B
Bought by
Hughes Stephen R and Hughes Jacquelyn C
Current Estimated Value
$1,028,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$208,447
Interest Rate
3.42%
Estimated Equity
$820,005

Purchase Details

Listed on
Dec 8, 2015
Closed on
Jan 29, 2016
Sold by
Hill Franklin L
Bought by
King Andrew R and King Jennifer B
Seller's Agent
Mary Ellen Harris
BHHS Georgia Properties
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Aug 17, 2001
Sold by
Hill Franklin L and Hill Peggy R
Bought by
Hill Franklin L and Hill Peggy R
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
Hughes Stephen R $518,750 --
King Andrew R $490,000 --
Hill Franklin L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Stephen R $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $490,000 -2.0% $128 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $500,000 -- $131 / 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
2024 $9,113 $302,800 $64,000 $238,800
2023 $9,113 $312,200 $64,000 $248,200
2022 $8,529 $273,640 $52,000 $221,640
2021 $8,287 $253,720 $49,840 $203,880
2020 $8,345 $253,720 $49,840 $203,880
2019 $7,675 $234,600 $44,000 $190,600
2018 $7,115 $207,520 $36,000 $171,520
2016 $6,114 $190,800 $36,000 $154,800
2015 $6,169 $190,800 $36,000 $154,800
2014 $6,075 $190,800 $36,000 $154,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mary Ellen Harris

    BHHS Georgia Properties

    (770) 656-0768

    1 in this area

    52 Total Sales

    Mary Ellen Harris
    Section Image
  • Glenda Broker

    Buyer's Agent in 2016

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07560662

Georgia MLS

APN: 6-334-053

Georgia Gwinnett County Norcross 30092

5961 Rachel Ridge, Norcross, GA

This home is located at 5961 Rachel Ridge, Norcross, GA 30092 since 08 December 2015 and is currently estimated at $1,028,873, approximately $269 per square foot. This property was built in 1986. 5961 Rachel Ridge is a home located in Gwinnett County with nearby schools including Simpson Elementary School, Pinckneyville Middle School, and Norcross High School.

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