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5325 Lyme Bay Circle

5325 Lyme Bay Circle, Norcross, GA 30071
Property in Gwinnett
Refi Nov 15, 2011
Transfer
$35,148 by Wells Fargo Bank Na
Mortgage Due Nov 15, 2041
Local assessors in Norcross, GA have categorized 5325 Lyme Bay Circle as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 11,761 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5325 Lyme Bay Circle has a total of 1,218 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 260 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $1,838 in taxes each year. 5325 Lyme Bay Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $106,360. If we break it down further, the land itself was valued at $21,600. Improvements to the property, however, were assessed at a total of $84,760. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,218
  • Building Area: 1,218
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,218
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEAVER CROSSING
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L17 BA BEAVER CROSSING #1

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050328

Zoning

  • Zoning: R75-SINGLE

Geography

  • District: 9
  • Parcel: 6-226 -235
  • Block: A
  • Lot: 17
  • Municipality: NORCROSS
  • Latitude: 33.9359
  • Longitude: -84.1917

    Address

  • Full Address: 5325 Lyme Bay Cir
  • Legal Unit: 1
  • Address - House Number: 5325
  • Address - Street Name: Lyme Bay
  • Address - Suffix Type: Cir
  • State: GA
  • City Name: Norcross
  • Carrier Code: C036
  • 4-Digit Zip Code: 4545
  • Zip Code: 30071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,838

    Appraisal Valuation

  • Standard Deviation: 0.1324
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 310,719
  • High Value: 351,887
  • Low Value: 269,552

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $35,148
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 15, 2011
  • First Open Lien Mortgage Loan Amount: $35,148
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 15, 2041

    Market Valuation

  • Market Total Value: $265,900
  • Market Land Value: $54,000
  • Market Improvement Value: $211,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,360
  • Assessed Land Value: $21,600
  • Assessed Improvements Value: $84,760

    Exemptions

  • Homeowner Exemption: Yes

About Norcross



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Frequently Asked Questions

What neighborhood is 5325 Lyme Bay Circle located in?
The 5325 Lyme Bay Circle is a located in the neighborhood of Gwinnett in Norcross, Norcross.
What is the average sales price for listings in 5325 Lyme Bay Circle?
The average sales price for units in 5325 Lyme Bay Circle is $0 currently.

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