Property Report for 5116 Rails Way, Norcross, GA 30071

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5116 Rails Way, Norcross, GA 30071
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5116 Rails Way, Norcross, GA 30071
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Property Details
  • Property Address 5116 Rails Way, Norcross, GA 30071
  • County Gwinnett
  • Parcel ID 6-214 -155
  • Legal description L18 BE OAKBROOK STATION #2
  • School district Gwinnett County School District
  • Acreage 0.21
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 1,993
  • Year built 1984
  • Bedrooms 3
  • Bathrooms 2

About the Property

5116 Rails Way is a single family residence in the city of Norcross, GA 30071. Located in the Gwinnett County School District, which resides in Gwinnett County, GA and built in 1984. This Single Family Residence sits on a 9,148 sq ft lot and features 3 bedrooms, 2 bathrooms and 1,993 sq ft of living space.

The most recent property tax for 5116 Rails Way was $1,322 with an estimated market value range of $347,188 to $361,359. This property was last sold on May 02, 2011 for $49,500.

Property Info

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Flood

Ownership

Land
  • Acres 0.21
  • Square Feet 9,148
Building
  • Units N/A
  • Year Built 1984
  • Effective Year Built N/A
  • Stories 1
  • # Fireplaces N/A
  • Garage/Carport 380 sq.ft.
Utilities
  • Cooling Yes
  • Heating Forced Air
Interior
  • Square Footage
  • Living Area 1,993
  • Total Rooms 6
  • Bedrooms 3
  • Total Bathrooms 2
  • Full Bathrooms 2
Your Property Report will also include the following information:

Norcross Residential Market Stats

Median Sale Price $303,000 -7.7% YoY
Median Price/sq ft. $161
Gwinnett County Median Sale Price $303,000 -7.7% YoY

See more Real Estate Trends for Norcross including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 5116 Rails Way, Norcross

Tax YearTaxesTax Assesed ValueExemptions
2023$1,322 (-63.7%) $132,240 (+12.4%)

2022$3,647 (+44.7%) $117,600 (+52.9%)

2021$2,521 (-0.8%) $76,920

2020

2019

2018

2017

Access Full Tax & Assessment History for 5116 Rails Way, Norcross. View Tax Information

Sales History for 5116 Rails Way, Norcross

The most recent sale on 5116 Rails Way took place on Apr 15, 2011 and recorded on May 02, 2011 for $49,500. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
Sale DateRecorded DateBuyer(s)Seller(s)PriceDocument ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
AddressDistanceSqFtSale DatePrice$/SqFt
5321 STATION CIR .22 mi1,62205/03/2023$120,000$74
1044 GLOBAL CT 3.13 mi1,78805/15/2023$245,000$137
4087 SKYE CT 3.28 mi1,84805/08/2023$355,000$192
Active Mortgages and Equity Analysis
Date RecordedPositionOriginal AmountAmortized BalanceLoan TypeInterest RateLenderLender Type

  • Total Estimated Debt:

  • Estimated Value from ATTOM AVM:

  • Available Equity:

  • Loan To Value Ratio:

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Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
May 24, 2023 Confidence Score: 98%

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Rental Value Estimate ATTOM
Apr 30, 2023

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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.