NOT LISTED FOR SALE

131 Lake Somerset Crest NW Unit 15 Marietta, GA 30064

West Cobb Neighborhood

Estimated Value: $425,000 - $464,000

4 Beds
3 Baths
2,343 Sq Ft
$191/Sq Ft Est. Value

Last Sold January 23, 2013

Last sale price $70,000 $30 Per Sq Ft

Est. 539% increase in value since last sale

Current estimated payment $2,526/month

48 Days on Market

Highlights

  • Community Lake
  • Still Elementary School Rated A
  • Bonus Room

About This Home

As of January 2013

Original Custom Log Home, Classic Front Porch, Sloped Yard , Driveway, Yard is large and very private in the back, Sunroom, Deck, Great Wood burning Fireplace , "Prequalification is a must or Proof of Funds and Earnest Money Required with all Offers. Sold As-Is, Home has great Potential, Good Neighborhood, Schools, Lake, Shopping nearby, Show Today

Last Agent to Sell the Property

Greg Rayford

eXp Realty License #248973 Listed on: 10/19/2012

eXp Realty

Last Buyer's Agent

J. T. Leachman

First Realty Holdings, LLC License #164686

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,104

Year Built

  • 1978

Lot Details

  • 10,019

Home Design

  • Slab Foundation

Interior Spaces

  • 2,343 Sq Ft Home
  • Bonus Room

Schools

  • Still / Cobb / Cobb County Elementary School
  • Lost Mountain / Cobb / Cobb County Middle School
  • Harrison / Cobb / Cobb County High School

Utilities

  • Private Water Source
  • Private Sewer

Community Details

  • Community Lake

Property Details

Home Type

Other

Est. Annual Taxes

$1,104

Year Built

1978

Lot Details

0

Listing Details

  • Special Features: 20
  • Year Built: 1978

Interior Features

  • Fireplace(s): 1, In Living Room, Gas Starter
  • Basement: Slab/None
  • Feature Name: Lake Somerset
  • Interior Amenities: Cable In Street
  • Laundry Location: Garage
  • Laundry Type: Room
  • Total Finished Sq Ft: 2343
  • Kitchen / Breakfast: Breakfast Room

Exterior Features

  • Construction: Log
  • Exterior Features: Balcony, Green House, Hot Tub, Porch
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Garage

Utilities

  • Cooling Fuel: Gas
  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Central
  • Water/Sewer: Private Sewer, Private Water

Condo/Co-op/Association

  • HOA Fees: 35000
  • HOA Fee Frequency: Annual
  • Fees Include: Grounds Maintenance

Association/Amenities

  • Amenities: Lake

Schools

  • Elementary School: Still / Cobb / Cobb County, GA
  • Elementary Bus Line: Yes
  • High School: Harrison / Cobb / Cobb County, GA
  • High School Bus: Yes
  • Middle School: Lost Mountain / Cobb / Cobb County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Private Backyard, Sloping
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2020
Sold by
Chaney Robert and Chaney Gail
Bought by
Speakman Catherine Chaney and Speakman Ronald Charles
Current Estimated Value
$447,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Outstanding Balance
$60,376
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$387,113

Purchase Details

Closed on
May 16, 2019
Sold by
Chaney Robert
Bought by
Chaney Robert and Chaney Speakman Catherine

Purchase Details

Closed on
Jun 21, 2013
Sold by
Vico Properties Llc
Bought by
Weston Arthur and Weston Carolyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,225
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Listed on
Oct 19, 2012
Closed on
Jan 23, 2013
Sold by
Bank Of America Na
Bought by
Vico Properties Llc
Seller's Agent
Greg Rayford
eXp Realty
Buyer's Agent
J. T. Leachman
First Realty Holdings, LLC
List Price
$109,900
Sold Price
$70,000
Premium/Discount to List
-$39,900
-36.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.85%
Original Mortgage
$72,100
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2012
Sold by
Lamer David L
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 25, 2004
Sold by
Williamson Scott B and Williamson Angela L
Bought by
Lamer David L and Lamer Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 1994
Sold by
Lindsey Micheal W Patricia
Bought by
Williamson Scott B Angela
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Speakman Catherine Chaney -- None Available
Chaney Robert $265,000 --
Chaney Robert $265,000 --
Weston Arthur $173,500 --
Vico Properties Llc $70,000 --
Bank Of America Na -- --
Lamer David L $205,000 --
Williamson Scott B Angela $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speakman Catherine Chaney $83,000
Closed Speakman Catherine Chaney $83,000
Previous Owner Weston Arthur $179,225
Previous Owner Vico Properties Llc $72,100
Previous Owner Lamer David L $188,000
Previous Owner Lamer David L $153,750
Previous Owner Williamson Scott $52,000
Previous Owner Williamson Scott B $95,000
Closed Williamson Scott B Angela --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2013 01/23/13 Sold $70,000 -36.3% $30 / Sq Ft
12/06/2012 12/06/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $109,900 -- $47 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,104 $147,152 $24,000 $123,152
2023 $3,126 $147,152 $24,000 $123,152
2022 $3,197 $124,376 $24,000 $100,376
2021 $3,197 $124,376 $24,000 $100,376
2020 $2,795 $106,000 $22,560 $83,440
2019 $2,219 $88,460 $24,000 $64,460
2018 $2,219 $88,460 $24,000 $64,460
2017 $1,976 $81,300 $20,000 $61,300
2016 $1,877 $76,720 $20,000 $56,720
2015 $1,922 $76,720 $20,000 $56,720
2014 $1,692 $65,772 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07007573

Georgia MLS

APN: 20-0315-0-111-0