Investor opportunity, great investment! Located only about 1 mile to downtown Norcross' bustling entertainment area with parks, outdoor concerts and more. Featuring two large bedrooms each having their own ensuite, great for roommates. Laundry is upstairs, half bath is located on main floor. The home has plenty of flexible space for a family, large dining room with bay window, additional bonus room/play room/flex room/sunroom with door to backyard area with possible garden space. There is also additional storage in the back of the home. Low HOA fees - the HOA covers the roof, siding and ground maintenance. There are no rental restrictions so this home is perfect for an investor OR primary home buyer. Rare find 4 parking spaces for any townhouse. Priced below others in area because it needs TLC. Opportunity to build sweat equity.
Closed
$225,000
5618 Executive Way, Norcross, GA 30071
3beds
1,280sqft
Townhouse, Residential
Built in 1985
2,178 Square Feet Lot
$225,300 Zestimate®
$176/sqft
$1,929 Estimated rent
Home value
$225,300
$212,000 - $239,000
$1,929/mo
Zestimate® history
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$1,645/mo
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Zillow last checked:
Listing updated:
Listed by:
CATHERINE NORTON,
HomeSmart 404-580-3199
Bought with:
Johanys Osuna, 397114
Virtual Properties Realty.com
Source: FMLS GA,MLS#: 7430497
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Sun Room
Primary bedroom
- Features: Roommate Floor Plan, Split Bedroom Plan
- Level: Roommate Floor Plan, Split Bedroom Plan
Bedroom
- Features: Roommate Floor Plan, Split Bedroom Plan
Primary bathroom
- Features: Tub/Shower Combo
Dining room
- Features: Seats 12+, Separate Dining Room
Kitchen
- Features: Cabinets Stain, Laminate Counters, Solid Surface Counters, View to Family Room
Heating
- Electric
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Range Hood, Refrigerator, Self Cleaning Oven
- Laundry: In Hall, Upper Level
Features
- Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Laminate
- Windows: None
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Brick, Factory Built, Family Room, Gas Starter, Living Room
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total structure area: 1,280
- Total interior livable area: 1,280 sqft
Property
Parking
- Total spaces: 4
- Parking features: Kitchen Level, Parking Pad
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Garden
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: None
- Body of water: None
Lot
- Size: 2,178 Square Feet
- Features: Back Yard, Private
Details
- Additional structures: None
- Parcel number: R6225B059
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse,Traditional
- Property subtype: Townhouse, Residential
- Attached to another structure: Yes
Materials
- Brick 4 Sides
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- New construction: No
- Year built: 1985
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping
- Security: Smoke Detector(s)
- Subdivision: Governors Ridge
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Maintenance Structure
- HOA fee: $175 monthly
- HOA phone: 404-835-9223
Location
- Region: Norcross
Financial & listing details
- Price per square foot: $176/sqft
- Tax assessed value: $236,400
- Annual tax amount: $1,374
- Date on market: 8/1/2024
- Cumulative days on market: 5 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,FHA 203(k),VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2024 | Sold | $225,000$176/sqft |
Source:  FMLS GA #7430497 Report a problem | ||
| 8/19/2024 | Pending sale | $225,000$176/sqft |
Source: FMLS GA #7430497 Report a problem | ||
| 8/14/2024 | Contingent | $225,000$176/sqft |
Source:  HomeSmart #7430497 Report a problem | ||
| 8/1/2024 | Listed for sale | $225,000+605.3%$176/sqft |
Source: FMLS GA #7430497 Report a problem | ||
| 4/13/2018 | Listing removed | $950$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 4/3/2018 | Listed for rent | $950+36.7%$1/sqft |
Source: Bravo Property Management and Realty Report a problem | ||
| 4/20/2013 | Listing removed | $695$1/sqft |
Source: Platinum Property ManagementServices Report a problem | ||
| 3/14/2013 | Price change | $695-12.6%$1/sqft |
Source: Platinum Property ManagementServices Report a problem | ||
| 1/23/2013 | Price change | $795-11.2%$1/sqft |
Source: Platinum Property Management Services Report a problem | ||
| 1/15/2013 | Price change | $895+12.6%$1/sqft |
Source: Platinum Property ManagementServices Report a problem | ||
| 1/1/2013 | Price change | $795-11.2%$1/sqft |
Source: Rental Source Report a problem | ||
| 12/14/2012 | Price change | $895+11.9%$1/sqft |
Source: Platinum Property Management Services Report a problem | ||
| 12/2/2012 | Listed for rent | $800+18.5%$1/sqft |
Source: Platinum Property Management Services Report a problem | ||
| 10/12/2012 | Sold | $31,900-43.9%$25/sqft |
Source: Public Record Report a problem | ||
| 5/13/2011 | Listing removed | $675$1/sqft |
Source: Avenue Real Estate Report a problem | ||
| 3/15/2011 | Listed for rent | $675$1/sqft |
Source: Avenue Real Estate Report a problem | ||
| 5/4/1994 | Sold | $56,900$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,001 +1.6% | $94,560 +2.9% |
| 2024 | $2,955 +10.3% | $91,920 +10.7% |
| 2023 | $2,679 +94.9% | $83,040 +95.8% |
| 2022 | $1,374 -2% | $42,400 |
| 2021 | $1,402 +29.4% | $42,400 -4.8% |
| 2020 | $1,084 +0.4% | $44,520 +37.2% |
| 2019 | $1,080 -28.3% | $32,440 |
| 2018 | $1,506 +53.2% | $32,440 +10.3% |
| 2016 | $983 -5.2% | $29,400 +36.9% |
| 2015 | $1,036 | $21,480 +27% |
| 2014 | $1,036 +159% | $16,920 +46.4% |
| 2013 | $400 | $11,560 |
| 2012 | -- | $11,560 -44.8% |
| 2011 | -- | $20,960 -37% |
| 2010 | -- | $33,280 |
| 2009 | -- | $33,280 -9.1% |
| 2007 | -- | $36,600 |
| 2006 | -- | $36,600 |
| 2005 | -- | $36,600 |
| 2004 | $590 -0.1% | $36,600 |
| 2003 | $591 +9.5% | $36,600 +26.9% |
| 2002 | $540 -10.3% | $28,840 |
| 2001 | $602 | $28,840 |
Find assessor info on the county website
Neighborhood: 30071
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- $252,0002 bd3 ba1.2k sqft5622 Executive Way, Norcross, GA 30071Sold
Nearby schools
GreatSchools rating
- 4/10Baldwin ElementaryGrades: PK-5Distance: 0.4 mi
- 6/10Summerour Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Paul Duke STEM High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Baldwin - Gwinnett
- Middle: Summerour
- High: Norcross
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$225,300
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Estimated market value
$225,300
- Georgia
- Gwinnett County
- Norcross
- 30071
- 5618 Executive Way
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