NOT LISTED FOR SALE

5041 N Somerset Ln Alpharetta, GA 30004

Estimated Value: $585,000 - $628,167

3 Beds
2.5 Baths
2,692 Sq Ft
$223/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $560,000 $208 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,402/month

9 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Loft
  • Manning Oaks Elementary School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of April 2022

Welcome to this gorgeous updated home in the heart of Alpharetta. Excellent location a minutes to Avalon and Downtown Alpharetta. Swim and tennis community. Fully remodeled kitchen and bathrooms, hardwoods and tile on main. Oversized owners retreat with sitting area, beautiful natural light. Owners suite bath is a retreat - new and contemporary with double vanities, jetted tub, and in-ceiling audio. Oversized upstairs laundry with plenty of space. Two spacious secondary bedrooms upstairs share a renovated bathroom. Open and spacious loft area -currently arranged as an office. Great flex room downstairs, perfect for a playroom or study area. Large patio deck. New AC units, furnaces, water heater, and driveway. New windows in all bedrooms, kitchen, and formal dinning room. New fence. Home is wired for network and audio in most rooms. Sprinkler system and outdoor accent lighting complete this meticulously owner-maintained home. Beautiful backyard great for entertainment.

Last Listed By

Olga Monroy

Integrity One Realty, LLC License #265248 Listed on: 03/13/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,857

Year Built

  • Built in 1988

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • Garage

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Great Room
  • Loft
  • Bonus Room
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Bathtub Includes Tile Surround

Schools

  • Manning Oaks Elementary School
  • Hopewell Middle School
  • Alpharetta High School

Utilities

  • Central Heating

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance exterior, swimming, tennis
  • Somerset At Henderson Village Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,857

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .16
  • Property Sub-Type: Single Family Residence
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven/Range (Combo)
  • Bedrooms: 3
  • Basement: None
  • Interior Amenities: Soaking Tub, Tile Bath, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Hardwood, Carpet

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Other
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Other
  • Heating: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Fitness Center, Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Maintenance Exterior, Swimming, Tennis

Schools

  • Elementary School: Manning Oaks
  • High School: Alpharetta
  • Middle School: Hopewell
  • Elementary School: Manning Oaks
  • Middle School: Hopewell
  • High School: Alpharetta

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4856.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2014
Sold by
Gruesso Daniel
Bought by
Gruesso Daneil and Lozano Ximena Suarez
Total Days on Market
9
Current Estimated Value
$600,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2004
Sold by
Katz Norman V and Katz Renee
Bought by
Lear Richard and Lear Bethany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,920
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2003
Sold by
Katz Norman V
Bought by
Katz Norman V and Katz Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2002
Sold by
Katz Norman V
Bought by
Katz Norman V Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1998
Sold by
Husen Riaz and Husen Shireen
Bought by
Hintz Scott

Purchase Details

Closed on
Feb 27, 1998
Sold by
Buckingham Steven T
Bought by
Katz Norman and Katz Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,550
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 1995
Sold by
Stutts Todd W Gwen B
Bought by
Buckingham Steven J

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
Gruesso Daneil -- --
Gruesso Daniel $245,000 --
Lear Richard $219,900 --
Katz Norman V -- --
Katz Norman V -- --
Katz Norman V Renee -- --
Hintz Scott $135,500 --
Katz Norman $146,900 --
Buckingham Steven J $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gruesso Daniel $40,763
Open Gruesso Daniel $290,500
Closed Gruesso Daniel $246,400
Closed Gruesso Daniel $232,750
Previous Owner Lear Richard $227,050
Previous Owner Lear Richard $175,920
Previous Owner Katz Norman V $197,000
Previous Owner Katz Norman V Renee $190,800
Previous Owner Katz Norman $20,213
Previous Owner Katz Norman $139,550
Closed Buckingham Steven J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $560,000 +12.2% $208 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/13/2022 03/13/22 For Sale $499,000 -- $185 / 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 $517 $216,360 $51,080 $165,280
2022 $2,500 $173,360 $26,720 $146,640
2021 $2,932 $154,360 $28,240 $126,120
2020 $2,933 $144,800 $25,760 $119,040
2019 $447 $131,160 $25,760 $105,400
2018 $2,677 $120,440 $22,200 $98,240
2017 $2,442 $103,520 $23,960 $79,560
2016 $2,272 $97,990 $23,830 $74,160
2015 $2,644 $97,990 $23,830 $74,160
2014 $1,916 $75,240 $18,000 $57,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20027022

Georgia MLS

APN: 22-5135-1122-046-5