NOT LISTED FOR SALE

614 Summer Place Unit 614 Norcross, GA 30071

Estimated Value: $235,000 - $242,126

2 Beds
2.5 Baths
1,214 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 05, 2016

Last sale price $103,000 $85 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,809/month

9 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Great Room
  • Paul Duke STEM High School Rated A+
  • Traditional Architecture
  • Stone Countertops

About This Home

As of July 2016

spaciously 2 beds and 2 1/2 baths sited on a convenient area near Historic Downtown Norcross, walk to Elem and Middle schools, easy access to I-85/I-285, mins to Gwinnett Place Business Dist. hardwood throughout main floor, fenced privacy backyard/patio. gated community with swimming pool and lighted Tennis court. HOA including roofing repair, exterior maintenance, pest control , water/sewer and community amenities.

Last Agent to Sell the Property

Edward Wong

Wealthpoint Realty, LLC. License #304407 Listed on: 05/06/2016

Last Buyer's Agent

James Phillips

NOT A VALID MEMBER License #268575

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,024

Year Built

  • Built in 2005

Lot Details

  • 436

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,214 Sq Ft Home
  • Roommate Plan
  • Ceiling height of 9 feet on the lower level
  • Great Room
  • Security Gate

Kitchen

  • Electric Range
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 2 Parking Spaces
  • Assigned Parking

Location

  • Property is near schools

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 614
  • Assessor Parcel Number R6242 227

Community Details

Overview

  • $500 Initiation Fee
  • 614 Units
  • Heritage Property Association, Phone Number (770) 451-8171
  • Sierra West Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,024

Year Built

Built in 2005

Lot Details

0

HOA Fees

$270 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: 2005
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Lower
  • Kitchen Features: Cabinets Stain, Stone Counters
  • Additional Rooms: Great Room - 1 Story
  • Square Footage: 1214.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Security: Security Gate
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Homeowners Assoc, Near Schools, Playground, Pool, Tennis Court(s)
  • Association Fee: 270
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-451-8171
  • Management Company Email: speebles@heritageproperty.com
  • Management Phone: 770-451-8171
  • Subdivision Complex: Sierra West

Association/Amenities

  • Number Of Units In Community: 614
  • Management Company: Heritage Property

Lot Info

  • Lot: 614
  • Parcel Number: R6242 227
  • Property Attached Yn: Yes

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 1024.00
  • Tax Year: 2015

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
May 6, 2016
Closed on
Jul 5, 2016
Sold by
Chen Wan Y
Bought by
Duddilla Santosh
Seller's Agent
Edward Wong
Wealthpoint Realty, LLC.
Buyer's Agent
James Phillips
NOT A VALID MEMBER
List Price
$105,000
Sold Price
$103,000
Premium/Discount to List
-$2,000
-1.9%
Current Estimated Value
$238,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,782
Avg. Annual Appreciation
9.36%
Original Mortgage
$97,850
Outstanding Balance
$77,743
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$161,039

Purchase Details

Closed on
Mar 28, 2011
Sold by
4P International Inc
Bought by
Chen Wan Y

Purchase Details

Closed on
Sep 7, 2010
Sold by
Satterfield Tracy L
Bought by
4P International Inc

Purchase Details

Closed on
Apr 21, 2006
Sold by
Sahara Heights Llc
Bought by
Satterfield Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,939
Interest Rate
6.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duddilla Santosh $103,000 --
Chen Wan Y $52,500 --
4P International Inc $35,800 --
Satterfield Tracy L $124,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duddilla Santosh $97,850
Previous Owner Satterfield Tracy L $24,939
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2016 07/05/16 Sold $103,000 -1.9% $85 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $105,000 0.0% $86 / Sq Ft
04/06/2012 04/06/12 Rented $865 -1.1% --
04/04/2012 04/04/12 Under Contract -- -- --
01/27/2012 01/27/12 For Rent $875 -- --
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 $3,336 $105,560 $26,120 $79,440
2024 $3,133 $97,920 $14,000 $83,920
2023 $3,133 $89,640 $14,000 $75,640
2022 $2,528 $78,760 $12,400 $66,360
2021 $2,022 $61,640 $12,400 $49,240
2020 $1,814 $54,880 $8,280 $46,600
2019 $2,048 $50,680 $7,600 $43,080
2018 $1,442 $43,560 $6,000 $37,560
2016 $1,345 $40,680 $6,000 $34,680
2015 $1,390 $30,560 $4,800 $25,760
2014 -- $30,560 $4,800 $25,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5687518

First Multiple Listing Service (FMLS)

APN: 6-242-227