NOT LISTED FOR SALE

5051 N Somerset Ln Alpharetta, GA 30004

Estimated Value: $474,000 - $519,000

3 Beds
2 Baths
1,666 Sq Ft
$303/Sq Ft Est. Value

About This Home

This home is located at 5051 N Somerset Ln, Alpharetta, GA 30004 and is currently estimated at $504,134, approximately $302 per square foot. 5051 N Somerset Ln is a home located in Fulton County with nearby schools including Manning Oaks Elementary School, Hopewell Middle School, and Alpharetta High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2005
Sold by
Bishop Charles E and Bishop Cloyce M
Bought by
Mckillop Jennice B
Current Estimated Value
$504,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 1998
Sold by
Rauschenberg Raymond P
Bought by
Bishop Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,890
Interest Rate
6.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 7, 1995
Sold by
Peachland Homes Inc
Bought by
Rauschenberg Raymond P

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mckillop Jennice B $189,900 --
Bishop Charles E $142,200 --
Rauschenberg Raymond P $127,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckillop Jennice B $167,418
Closed Mckillop Jennice B $149,600
Closed Mckillop Jennice B $151,920
Previous Owner Bishop Charles E $130,000
Previous Owner Bishop Charles E $30,000
Previous Owner Vick Dan $165,890
Previous Owner Bishop Charles E $135,050
Closed Rauschenberg Raymond P $0
Source: Public Records

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 $5,388 $190,880 $48,960 $141,920
2022 $672 $138,200 $25,600 $112,600
2021 $638 $123,920 $27,080 $96,840
2020 $627 $116,080 $24,680 $91,400
2019 $0 $105,640 $24,680 $80,960
2018 $1,823 $96,720 $21,280 $75,440
2017 $1,659 $84,080 $22,960 $61,120
2016 $1,656 $84,080 $22,960 $61,120
2015 $1,799 $84,080 $22,960 $61,120
2014 $1,325 $64,160 $17,240 $46,920
Source: Public Records

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