5047 Rails Way

Closed 5/5/17

Front of home - Garage converted to 4th bedroom, can be converted back to a garage. Garage doors remain

Sold

Last Sold Price

$105,000

4 beds2 baths1,704 sqft

5047 Rails Way, Norcross, GA 30071

Single FamilyProperty Type

0.38 acresLot Size

1985Year Built

$62/sq ftPrice per sq ft

Description

This is an Excellent Opportunity for. an investor as the home needs significant work. Split level floor plan with fireplace in the family room. Large back deck Approx. 1.5 miles to Norcross Square with Lillian Webb Park, waterpark, kids playground, and many events. Good schools: new elementary Beaver Ridge . Summerour Middle and Norcross High. Currently a 4th bedroom in the garage area which can be converted back to a garage. Convenient access to major roads. NO blind offers. Do not go in back yard...This is an Excellent Opportunity for. an investor as the home needs significant work. Split level floor plan with fireplace in the family room. Large back deck Approx. 1.5 miles to Norcross Square with Lillian Webb Park, waterpark, kids playground, and many events. Good schools: new elementary Beaver Ridge . Summerour Middle and Norcross High. Currently a 4th bedroom in the garage area which can be converted back to a garage. Convenient access to major roads. NO blind offers. Do not go in back yard or back deck unless owner is home as dog is there.

Listing closed: 05/05/2017 12:00 AM • Source: FMLS, MLS#: 5785506

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Location

Listing Courtesy of EXP Realty LLC, Candace Morrow

Sold By EXP Realty LLC, Candace Morrow

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$635 per month

30 year fixed, 7.03% Interest

Principal and Interest

$561

Property Taxes

$75

HOA Dues

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Property Information for 5047 Rails Way

Property Details

Taxes: $898 / year
MLS Type: Residential / Single Family Residence
County: Gwinnett County
Subdivision Complex: Oakbrook Station
Architectural Style: Traditional
Exterior: Other
Parking Features: Driveway
Property Attached: No
Waterfront Features: No Dock Or Boathouse

Building Information

Year Built: 1985
Lot Size: 0.38 AC / 16,552 SF

Summary

Location and General Information

Community Features: Other
Directions: Easily located using GPS

Lake Name: None
Coordinates: -84.193464, 33.926031

Taxes and HOA Information

Parcel Number: R6214 135
Tax Year: 2015

Master Association Fee: $.00
HOA Rent Restrictions: No
Association: No
Block: A
Tax Lot: 0

School Information

School Bus Route Elem: Yes
School Bus Route High: Yes

School Bus Route Middle: Yes
Elementary School: Beaver Ridge
High School: Norcross
Middle School: Summerour

Virtual Tour

Virtual Tour Link PP: http://www.propertypanorama.com/instaview/fmls/5785506

Parking

Carport or Garage: 0
Open Parking: Yes

Agent

Payment and Rate

Concessions Amt: $.00

Interior and Exterior Features

Interior Features

Cooling: Central Air
Heating: Forced Air

Appliances: Dishwasher, Gas Water Heater, Refrigerator
Basement: Crawl Space
Fireplace Features: Family Room
# of Fireplaces: 1
Interior Features: High Speed Internet, Other
Levels/Stories: Multi/Split
Other Equipment: None
Bedroom Features: Other
Diningroom Features: Open Concept
Kitchen Features: Laminate Counters, View to Family Room
Master Bathroom Features: Tub/Shower Combo
Main Bedrooms: 0
Total Half Baths: 0
Main Full Baths: 0
Additional Rooms: Other
Bathrooms Total Decimal: 2.00

Exterior Features

Accessibility Features: None
Construction Materials: Shingle Siding, Other

Dock: None
Fencing: None
Patio And Porch Features: Front Porch
Pool Features: None
Roof Type: Composition
Security Features: None
Laundry Features: Other, Upper Floor
Other Structures: None

Property

Utilities

Sewer: Public Sewer
Utilities: None

Water Source: Public

Property and Assessments

Assumable: No
Home Warranty: No

Plat Book: 0
Plat Page: 0
Property Condition: Resale
Possession: Close Of Escrow

Green Features

Green Energy Efficient: None

Lot Information

Section/GMD: 0
SqFt Source: Public Records

Square Footage: 1704.0
Common Walls: No Common Walls
Land lot: 0
Lot Features: Sloped

Rental

Rent Information

Terms: Cash

Property History for 5047 Rails Way

Date	Event & Source	Price	Appreciation
May 5, 2017	Sold (Public Record) Public Record #600255509	$105,000	+2.6% / yr
Oct 25, 2010	Sold (Public Record) Public Record #299742237	$89,000	—

Date	Event & Source	Price
05/05/2017	Sold (Public Record) Public Record #600255509	$105,000 +2.6% / yr
10/25/2010	Sold (Public Record) Public Record #299742237	$89,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

5047 Rails Way

Beds

Baths

Total Finished SqFt

2,376 SqFt

Above Grade Finished SqFt

1,704 SqFt

Finished Basement SqFt

672 SqFt

Stories

Schools near 5047 Rails Way

This home is within Gwinnett County School District.


Rating	School	Type	Grades	Distance
5/10	Beaver Ridge Elementary School	Public - Serves this home	PK to 5	1.3 mi
6/10	Summerour Middle School	Public - Serves this home	6 to 8	1.1 mi
5/10	Norcross High School	Public - Serves this home	9 to 12	3.0 mi
7/10	Paul Duke STEM High School	Public - Serves this home	9 to 12	2.5 mi
2/10	Gwinnett Intervention Education Center (Give) West	Public - Nearby school	6 to 12	2.4 mi
7/10	North Metro Academy of Performing Arts	Public - Choice school	PK to 5	2.4 mi
NR	Torch and Sword Christian Academy	Private - Nearby school	4 to 12	0.6 mi
NR	Still Waters Learning Center	Private - Nearby school	PK to 12	0.8 mi


Rating	School	Distance
5/10	Beaver Ridge Elementary School PublicPK to 5 Serves this home	1.3 mi
6/10	Summerour Middle School Public6 to 8 Serves this home	1.1 mi
5/10	Norcross High School Public9 to 12 Serves this home	3.0 mi
7/10	Paul Duke STEM High School Public9 to 12 Serves this home	2.5 mi
2/10	Gwinnett Intervention Education Center (Give) West Public6 to 12 Nearby school	2.4 mi
7/10	North Metro Academy of Performing Arts PublicPK to 5 Choice school	2.4 mi
NR	Torch and Sword Christian Academy Private4 to 12 Nearby school	0.6 mi
NR	Still Waters Learning Center PrivatePK to 12 Nearby school	0.8 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.