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$225,000

Beds
2
Baths
2.5
sq ft
Unknown

5647 Executive Way, Norcross, GA 30071

5647 Executive Way

Norcross, GA 30071

  • 15 days on market
    • Price drop $4,000↓
Prime Investment Opportunity – Incredible Value! Just 1 mile from downtown Norcross, this home offers unmatched potential in a vibrant community filled with parks, outdoor concerts, and entertainment. Featuring two spacious bedrooms, each with its own ensuite bathroom, this layout is ideal for roommates or a growing family. The upstairs laundry adds convenience, while a half bath on the main floor enhances functionality. The home offers ample flexible space, including a large dining room with a charming bay window and a versatile bonus room—perfect as a playroom, sunroom, office, or additional living space—with direct access to a backyard area that could be transformed into a private garden retreat. Extra storage is also available at the back of the home. Low HOA fees cover the roof, siding, and grounds maintenance, adding to the value. No rental restrictions make this an excellent investment property or primary residence. Tenant in home. Do not disturb tenant

Details

Property type

Townhouse

Est. home value

$211,666

Lot size

3,485 sq ft

Price per sq ft

Unknown

Year built

1985

Annual property taxes

$2,002

Monthly HOA fee

$175

Price History

03/04/2025
FMLS

FMLS #7529737

Price change
$225,000
-1.75%
02/23/2025
FMLS

FMLS #7529737

Listed
$229,000
+184.47%
03/07/2017
FMLS

FMLS #5793115

Sold
$80,500

Schools & Community

Elementary school: 

Baldwin - Gwinnett

Middle school: 

Summerour

High school: 

Norcross

Community features: 

None

Number of units in community: 

1

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$121,023
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$85,977
Cash to seller
$121,023

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nations Direct Mortgage

Loan start date

April 2021

Original loan amount

$93,750

Est. remaining balance

$85,977

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Livnat Akselrad

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/10/2025 at 3:40 AM

Listing updated: 03/04/2025 at 11:00 AM

Listed by: Nadav Akselrad, JNL Smart Realty, LLC Phone #: (770) 243-5746

MLS: FMLS #7529737

FMLS logo

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