NOT LISTED FOR SALE

3302 Somerset Trace SE Marietta, GA 30067

Estimated Value: $288,000 - $368,314

0.51 Acre
$653,800 Price per Acre
22,216 Sq Ft Lot

Last Sold April 21, 2017

Last sale price $186,000

Est. 79% increase in value since last sale

Current estimated payment $1,788/month

Highlights

  • 104 Feet of Waterfront
  • Boat Dock
  • Lake On Lot
  • Sope Creek Elementary School Rated A
  • Fishing
  • Lake View

About This Lot

As of April 2017

WHAT AN OPPORTUNITY! BUILD YOUR OWN HOME IN THE POPULAR EAST COBB SWIM TENNIS COMMUNITY - SOMERSET! LAKE FRONT! LEVEL!

Last Agent to Sell the Property

Karen Sharpless

Keller Williams Realty Atl North License #217125 Listed on: 03/07/2017

Keller Williams Realty Atl North

Last Buyer's Agent

Matt Allen

Allen Southern Properties, LTD License #220530

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $48

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 185x104x191x128
  • 104 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Open Lot
  • Grass Covered Lot

HOA Fees

  • $16 Monthly HOA Fees

Property Views

  • Lake Views

Schools

  • Sope Creek Elementary School
  • East Cobb Middle School
  • Wheeler High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 20 / C
  • Assessor Parcel Number 17099700420

Community Details

Overview

  • $370 Swim or Tennis Fee
  • Somerset Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Swim Team
  • Swim or tennis dues are optional
  • Community Pool
  • Fishing
  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$48

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Restrictions Requirements: Deed Restrictions, Easements, PUD
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Waterfront Frontage: 104
  • View: Lake

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Dock, Fishing, Homeowners Assoc, Lake, Pool, Street Lights, Swim Team, Tennis Court(s)
  • Association Fee: 190
  • Association Fee Frequency: Annually
  • Swim Tennis Fee: 370
  • Swim Tennis Fee Due: Optional
  • Subdivision Complex: Somerset

Schools

  • Elementary School: Sope Creek
  • Middle School: East Cobb
  • High School: Wheeler

Lot Info

  • Acres: 0.5100
  • Lot: 20
  • Land/Lot: 997/1268
  • Section G M D: 2
  • Current Zoning: RES
  • Plat Book: 57
  • Plat Page: 82
  • Lot Features: Curbs & Gutters, Lake On Lot, Level, Street Lights
  • Lot Dimensions: 185x104x191x128
  • Parcel Number: 17099700420
  • Price Acre Dollar: 364706.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 46.00
  • Assessor Parcel Number: 17-0997-0-042-0
  • Close Date: 2017-04-21
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • Elementary School: Sope Creek
  • High School: Wheeler
  • Middle School: East Cobb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2019
Sold by
Circle W Construction Co Inc
Bought by
Somerset Homeowners Association Inc
Current Estimated Value
$333,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$134,309
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$201,146

Purchase Details

Listed on
Mar 7, 2017
Closed on
Apr 20, 2017
Sold by
Turner Steven R
Bought by
Circle W Construction Co Inc
Seller's Agent
Karen Sharpless
Keller Williams Realty Atl North
Buyer's Agent
Matt Allen
Allen Southern Properties, LTD
List Price
$195,000
Sold Price
$186,000
Premium/Discount to List
-$9,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
Mar 27, 2006
Sold by
Lathem Penelope O
Bought by
Turner Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.23%
Mortgage Type
New Conventional
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
Somerset Homeowners Association Inc $225,000 --
Circle W Construction Co Inc $186,000 --
Turner Steven R $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somerset Homeowners Association Inc $200,000
Previous Owner Turner Steven R $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $186,000 -4.6% --
03/10/2017 03/10/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $195,000 -- --
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 $48 $1,600 $1,600 --
2023 $48 $1,600 $1,600 $0
2022 $49 $1,600 $1,600 $0
2021 $49 $1,600 $1,600 $0
2020 $49 $1,600 $1,600 $0
2019 $49 $1,600 $1,600 $0
2018 $49 $1,600 $1,600 $0
2017 $46 $1,600 $1,600 $0
2016 $46 $1,600 $1,600 $0
2015 $47 $1,600 $1,600 $0
2014 $48 $1,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Sharpless

    Seller's Agent in 2017

    Karen Sharpless

    Keller Williams Realty Atl North

    (404) 409-0501

    80 Total Sales

    Karen Sharpless
    Section Image

  • M

    Buyer's Agent in 2017

    Matt Allen

    Allen Southern Properties, LTD

    (678) 873-8125

    137 Total Sales

    Matt Allen
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5815311

First Multiple Listing Service (FMLS)

APN: 17-0997-0-042-0

Georgia Cobb County Marietta 30067

3302 Somerset Trace SE, Marietta, GA

This home is located at 3302 Somerset Trace SE, Marietta, GA 30067 since 07 March 2017 and is currently estimated at $333,438. 3302 Somerset Trace SE is a home located in Cobb County with nearby schools including Sope Creek Elementary School, East Cobb Middle School, and Wheeler High School.

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