NOT LISTED FOR SALE

131 Lake Somerset Crest NW Marietta, GA 30064

West Cobb Neighborhood

Estimated Value: $389,000 - $505,000

4 Beds
2.5 Baths
2,048 Sq Ft
$214/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $265,000 $129 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,563/month

28 Days on Market

Highlights

  • Fishing
  • Community Lake
  • Clubhouse
  • Still Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Deck

About This Home

As of May 2019

Unique & updated log home in amazing swim, tennis, community w/ fully stocked lake in Hillgrove district. 3 bedrooms up w/ 2 full baths. 1 room on main can be used as 4th bedroom or office. 1/2 bath on main. Hardwood floors newly refinished, fresh paint throughout, granite counters in kitchen & stainless appliances. Bathrooms beautifully updated w/ carrera marble counters & tile. Bright tiled sunroom leads to new, expansive deck perfect for entertaining. 2 car garage has usable loft space with tons of potential. Walking distance to The Avenue West Cobb!

Last Listed By

Andria Bellman

Ansley Real Estate| Christie's International Real Estate License #357423 Listed on: 03/28/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,219

Year Built

  • Built in 1978

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence
  • Sloped Lot
  • Back Yard Fenced and Front Yard
  • Land Lease

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Rustic Architecture
  • Composition Roof
  • Log Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Dual Closets
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch

Location

  • Property is near shops

Schools

  • Still Elementary School
  • Lovinggood Middle School
  • Hillgrove High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 20031501110

Community Details

Overview

  • Lake Somerset Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,219

Year Built

Built in 1978

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic, Traditional
  • Property Condition: Resale
  • Year Built: 1978
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Fireplace Features: Family Room, Great Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Gas Oven, Gas Water Heater, Microwave, Washer
  • Interior Amenities: Beamed Ceilings, Bookcases, Cathedral Ceiling(s), His and Hers Closets
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Other, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story, Sun Room
  • Dining Room Features: Great Room, Seats 12+
  • Square Footage: 2048.00
  • Spa Features: None
  • Window Features: Skylight(s)

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Log
  • Roof Type: Composition
  • Fencing: Back Yard, Wood
  • Patio And Porch Features: Covered, Deck, Glass Enclosed, Rear Porch

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Garage, Garage Faces Front, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: In Garage, Laundry Room
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Fishing, Homeowners Assoc, Lake, Near Shopping, Playground, Pool, Tennis Court(s)
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Subdivision Complex: LAKE SOMERSET

Schools

  • Elementary School: Still
  • Middle School: Lovinggood
  • High School: Hillgrove

Lot Info

  • Acres: 0.2300
  • Land/Lot: GA
  • Lot Features: Back Yard, Front Yard, Sloped
  • Parcel Number: 20031501110
  • Horse Amenities: None
  • Land Lease: Yes
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2219.00
  • Assessor Parcel Number: 20-0315-0-111-0
  • Close Date: 2019-05-16
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Still
  • High School: Hillgrove
  • Middle School: Lovinggood

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
Total Days on Market
28
Current Estimated Value
$437,686

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
$61,643
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$376,043

Purchase Details

Listed on
Mar 28, 2019
Closed on
May 16, 2019
Sold by
Chaney Robert
Bought by
Chaney Robert and Chaney Speakman Catherine
Seller's Agent
Andria Bellman
Ansley Real Estate| Christie's International Real Estate
Buyer's Agent
KRISTEN SHEARIN
Keller Williams Realty Partners
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%

Purchase Details

Listed on
May 3, 2013
Closed on
Jun 21, 2013
Sold by
Vico Properties Llc
Bought by
Weston Arthur and Weston Carolyn E
Seller's Agent
JT Leachman
First Realty Holdings, LLC.
Buyer's Agent
Norine George
RE/MAX Town and Country
List Price
$185,000
Sold Price
$173,500
Premium/Discount to List
-$11,500
-6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$179,225
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Listed on
Oct 17, 2012
Closed on
Jan 23, 2013
Sold by
Bank Of America Na
Bought by
Vico Properties Llc
Seller's Agent
Greg Rayford
Crimsyn Bailey Realty
Buyer's Agent
JT Leachman
First Realty Holdings, LLC.
List Price
$119,900
Sold Price
$70,000
Premium/Discount to List
-$49,900
-41.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
815.10%
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

Range of Values:

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Average Value
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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
05/16/2019 05/16/19 Sold $265,000 0.0% $129 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $265,000 0.0% $129 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $265,000 0.0% $129 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $265,000 +52.7% $129 / Sq Ft
06/21/2013 06/21/13 Sold $173,500 -6.2% $74 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $185,000 +164.3% $79 / Sq Ft
01/23/2013 01/23/13 Sold $70,000 -41.6% $30 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
10/17/2012 10/17/12 For Sale $119,900 -- $51 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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: First Multiple Listing Service (FMLS)

MLS Number: 6526786

First Multiple Listing Service (FMLS)

APN: 20-0315-0-111-0