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5358 Buford Highway

5358 Buford Highway, Norcross, GA 30071
Property in Gwinnett
Local assessors in Norcross, GA have categorized 5358 Buford Highway as a commercial type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 15,682 square feet. 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 5358 Buford Highway has a total of 1,173 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. 5358 Buford Highway is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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. 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. Residents rely on no air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5358 Buford Highway was last sold in May 30, 2013 for $350,000. According to our calculations, that's $298.38 per sqft. Prior to that sales transaction, the property was sold for $350,000 in May 30, 2013. Current property owners are expected to pay $2,312 in taxes per year. The property on 5358 Buford Highway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $99,680. To break that down further, the land itself was valued at $60,040. While improvements to the property were assessed at a total of $39,640. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 1,173
  • Gross Building Area: 1,173
  • Building Area: 1,173
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,173
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: BUFORD
  • Land Acres: 0.36
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: BUFORD HWY US 23

Ownership

  • Current Owner : NORCROSS MOTORSPORTS LLC
  • Previous Owner : WIKE DAVID R
  • Owner Before Previous Owner: NORCROSS MOTORSPORTS LLC

Neighborhood

  • School District Name: Gwinnett County School District
  • Census Tract: 050326

Zoning

  • Zoning: C2-GENERAL

Geography

  • District: 9
  • Parcel: 6-256 -037
  • Municipality: NORCROSS
  • Latitude: 33.9477
  • Longitude: -84.1997

    Address

  • Full Address: 5358 Buford Hwy
  • Address - House Number: 5358
  • Address - Street Name: Buford
  • Address - Suffix Type: Hwy
  • State: GA
  • City Name: Norcross
  • Carrier Code: C090
  • 4-Digit Zip Code: 2606
  • Zip Code: 30071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,312

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $297,500
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: May 30, 2013
  • First Open Lien Mortgage Loan Amount: $297,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $249,200
  • Market Land Value: $150,100
  • Market Improvement Value: $99,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,680
  • Assessed Land Value: $60,040
  • Assessed Improvements Value: $39,640

    Sales

  • Current Sale Contract Date: May 30, 2013
  • Current Sale Recording Date: May 30, 2013
  • Current Sale Transaction ID: 1088163402
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013-020804
  • Previous Sale Recording Date: May 30, 2013
  • Previous Sale Contract Date: May 30, 2013
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: May 30, 2013
  • First Mortgage Loan Amount: $297,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: May 30, 2013
  • Previous Mortgage Loan Amount: $297,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Norcross



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Frequently Asked Questions

What neighborhood is 5358 Buford Highway located in?
The 5358 Buford Highway is a located in the neighborhood of Gwinnett in Norcross, Norcross.
What is the average sales price for listings in 5358 Buford Highway?
The average sales price for units in 5358 Buford Highway is $0 currently.

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