NOT LISTED FOR SALE

5070 N Somerset Ln Alpharetta, GA 30004

Estimated Value: $589,000 - $644,533

3 Beds
3 Baths
2,275 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $585,000 $257 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,434/month

29 Days on Market

Highlights

  • Sauna
  • Solar Power System
  • Traditional Architecture
  • Manning Oaks Elementary School Rated A-
  • Property is near public transit
  • Sun or Florida Room

About This Home

As of May 2023

Location, Location, Location, This home is located in the heart of Alpharetta. You can Walk/Bike Downtown to shopping and restaurants. Welcome to your dream home! This stunning 3 bedroom, 3 bath property boasts a sunroom, solar system, and a master suite on the main level. You'll love the Elfa Storage in the closets, providing ample space for all your clothes and accessories. The kitchen is a chef's dream with gorgeous granite countertops, white cabinets, a wine cooler, and an extra freezer. The new blinds and digital thermostats add modern touches to the space. Step outside to the backyard oasis, complete with a shed, awning, and fire pit, perfect for hosting outdoor gatherings. The yard is fully fenced with an 8 ft fence for added privacy and security. Inside, all windows have been replaced, enhancing energy efficiency and curb appeal. The master bathroom features a luxurious sauna, providing the ultimate relaxation experience. The bathrooms are also upgraded with quartz countertops and new lighting fixtures. The bright dining room provides the perfect space for hosting dinner parties or enjoying meals with family and friends. TVs in the family room and master bedroom are included, adding to the convenience and comfort of this home. Situated on a corner lot, this property has it all! Don't miss out on the opportunity to make it yours.

Last Agent to Sell the Property

Mary Ellen Vanaken

Keller Williams Realty North Atlanta License #278255 Listed on: 03/08/2023

Keller Williams Realty North Atlanta

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,394

Year Built

  • Built in 1988

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,275 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Sauna
  • Carpet

Kitchen

  • Double Oven
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Garage
  • Parking Accessed On Kitchen Level

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Zoned Cooling
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar Power System
  • Patio

Community Details

  • Association fees include swimming, tennis
  • Somerset At Henderson Village Subdivision

Listing and Financial Details

  • Tax Lot 18

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,394

Year Built

Built in 1988

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • District: 2
  • Section: 2
  • Year Built: 1988
  • ArchitecturalStyle: Traditional
  • Financing Type: Conventional 90%
  • GreenEnergyGeneration: Solar
  • Levels: Two
  • Lot Size Acres: .28
  • Property Sub-Type: Single Family Residence
  • Structure Type: Other
  • Total Finished Area2: 2275
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dryer, Washer, Dishwasher, Double Oven, Other, Refrigerator
  • Bedrooms: 3
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 2275
  • Above Grade Finished Sq Ft: 2275
  • Interior Amenities: Bookcases, Other, Sauna
  • Full Bathrooms: 3
  • Fireplace Features: Family Room
  • Flooring: Carpet, Other
  • Kitchen Features: Pantry
  • Price Per Square Foot: 257.14

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Other
  • Fencing: Fenced, Back Yard, Privacy
  • Lot Features: Cul-De-Sac, Level, Private
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Attached, Garage, Kitchen Level
  • ParkingTotal: 1

Utilities

  • Cooling: Zoned
  • Heating: Other
  • Laundry Features: In Hall, Other
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 800
  • Association: Yes
  • Community Features: Walk To Public Transit, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: Swimming, Tennis

Schools

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

Lot Info

  • Land Lot: 1122
  • Lot: 18
  • Plat Book: 152
  • Plat Page: 99

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5393.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
May 4, 2023
Sold by
Groener Eva
Bought by
Nagpal Pankaj and Nagpal Meenakshi S
Seller's Agent
Mary Ellen Vanaken
Keller Williams Realty North Atlanta
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$599,900
Sold Price
$585,000
Premium/Discount to List
-$14,900
-2.48%
Views
236
Current Estimated Value
$617,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,883
Avg. Annual Appreciation
2.28%
Original Mortgage
$572,369
Outstanding Balance
$557,372
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$60,107

Purchase Details

Listed on
Nov 18, 2015
Closed on
Jan 11, 2016
Sold by
Kirka Angie
Bought by
Groener Eva
Seller's Agent
Rhonda Duffy
Duffy Realty of Atlanta
Buyer's Agent
Mary Ellen Vanaken
Keller Williams North Atlanta
List Price
$240,000
Sold Price
$231,000
Premium/Discount to List
-$9,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.55%

Purchase Details

Closed on
Mar 14, 2001
Sold by
Griffin Nicole D
Bought by
Wolle Angelin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,835
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1993
Sold by
Home Savings America Fsb
Bought by
Bini Raymond L
Source: Public Records

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
Nagpal Pankaj $585,000 --
Groener Eva $231,000 --
Wolle Angelin E $189,300 --
Bini Raymond L $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagpal Pankaj $572,369
Previous Owner Wolle Angelin E $179,835
Closed Bini Raymond L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $585,000 0.0% $257 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
04/03/2023 04/03/23 Price Changed $585,000 -2.5% $257 / Sq Ft
03/08/2023 03/08/23 For Sale $599,900 +159.7% $264 / Sq Ft
01/14/2016 01/14/16 Sold $231,000 -3.8% $102 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $240,000 -- $105 / 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
2025 $1,089 $256,760 $34,600 $222,160
2023 $6,451 $228,560 $48,480 $180,080
2022 $2,425 $168,240 $25,360 $142,880
2021 $2,801 $149,680 $26,800 $122,880
2020 $2,808 $140,440 $24,440 $116,000
2019 $382 $119,440 $24,440 $95,000
2018 $2,619 $109,640 $21,080 $88,560
2017 $2,347 $92,400 $22,240 $70,160
2016 $2,757 $94,480 $22,760 $71,720
2015 $3,312 $94,480 $22,760 $71,720
2014 $2,212 $72,160 $17,080 $55,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20108091

Georgia MLS

APN: 22-5135-1122-018-4