NOT LISTED FOR SALE

306 Somerlane Place Avondale Estates, GA 30002

Estimated Value: $490,000 - $543,000

3 Beds
2.5 Baths
2,049 Sq Ft
$247/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $350,000 $171 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,332/month

2 Days on Market

Highlights

  • City View
  • Deck
  • Main Floor Primary Bedroom
  • Druid Hills High School Rated A-
  • Wood Flooring
  • Breakfast Room

About This Home

As of March 2021

Situated in a peaceful, tree-lined nook of Avondale Estates (but still close to major thoroughfares), is 306 Somerlane Place. Ideally suited to a growing household that craves the flexibility to adapt with the years, this 3-bed/2-bath two-story comes with plenty of room to spread out — an impeccably maintained 2,000-square-feet Inside the Perimeter is always worth a close look. The vaulted, fireplace-equipped living room and entertaining-ready formal dining area boast a flood of natural light, which plays well with the clean color palette and dark wood plank floors that define the lower level. Deeper, beyond the butcher blocked and range-fired chefs kitchen, the vibe turns more casual with a quaint breakfast nook, and an oversized family room that’s all set to be decked out for Netflix Night. Rounding out the first floor is the primary suite, fully equipped with a walk-in closet, and an ensuite that rocks an oversized tile-on-tile shower, and for morning rituals, two of everything.?Upstairs, a pair of bedrooms, a full bath, and way-more-than enough closet space to forget about sweaters until autumn rolls around — a layout with a pair of siblings firmly in mind.? In the back, a two-car garage has been modded to accommodate one vehicle, with plenty of room for craft space left over. The additional room is a pretty cool touch — great for storing the SUP boards, but ideal if there’s a passion that requires dedicated space (darkroom, sound studio, or just an office that’s away from distractions).? Finally, the backyard is just cozy, with its western exposure, plenty of old-growth trees, and an oversized, wooden veranda that sets the scene for winding down with sunset. ?Call your agent today to arrange a showing: this one will go fast!

Last Listed By

Joshua Keen

Keller Williams Realty License #267264 Listed on: 02/26/2021

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,404

Year Built

  • Built in 1989

Lot Details

  • 4,356 Sq Ft Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,049 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Deck
  • Patio

Schools

  • Avondale Elementary School
  • Druid Hills Middle School
  • Druid Hills High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Association fees include reserve fund
  • Somerlane Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,404

Year Built

Built in 1989

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional 95%
  • Levels: Two
  • Lot Size Acres: .10
  • Property Sub-Type: Single Family Residence
  • Total Finished Area2: 2049
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Bedrooms: 3
  • Dining Room Features: Separate Room
  • Basement: None
  • Below Grade Finished Sq Ft: 2049
  • Interior Amenities: Master On Main Level
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Living Room
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Breakfast Room
  • Price Per Square Foot: 170.815

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Concrete
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Features: Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: In Kitchen
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 150
  • Community Features: None

Fee Information

  • Association Fee Includes: Reserve Fund

Schools

  • Elementary School: Avondale
  • High School: Druid Hills
  • Middle School: Druid Hills
  • Elementary School: Avondale
  • Middle School: Druid Hills
  • High School: Druid Hills

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 26, 2021
Sold by
Yavaliollah Heather Bunting
Bought by
Bailey Molly
Seller's Agent
Joshua Keen
Keller Williams Realty
Buyer's Agent
Blake Hall
Keller Knapp, Inc
List Price
$350,000
Sold Price
$350,000
Total Days on Market
2
Current Estimated Value
$506,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,927
Avg. Annual Appreciation
9.41%
Original Mortgage
$339,500
Outstanding Balance
$309,376
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$197,551

Purchase Details

Closed on
May 20, 2009
Sold by
Minich Tracy T
Bought by
Yavaliollah Mehrvarz and Yavaliollah Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,888
Interest Rate
4.81%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Bailey Molly $350,000 --
Yavaliollah Mehrvarz $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Molly $339,500
Closed Bailey Molly $339,500
Previous Owner Yavaliollah Mehrvarz $221,400
Previous Owner Yavaliollah Mehrvarz $222,888
Previous Owner Minich Tracy T $41,000
Previous Owner Minich Tracy I $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $350,000 0.0% $171 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $350,000 -- $171 / 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
2023 $6,112 $178,000 $48,040 $129,960
2022 $4,757 $140,000 $38,320 $101,680
2021 $3,662 $118,760 $40,000 $78,760
2020 $3,404 $107,360 $40,000 $67,360
2019 $3,305 $104,520 $40,000 $64,520
2018 $2,589 $90,720 $40,000 $50,720
2017 $2,967 $85,680 $33,840 $51,840
2016 $2,518 $74,840 $25,120 $49,720
2014 $2,452 $73,480 $25,080 $48,400
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 8934516

Georgia MLS

APN: 18-010-07-092