NOT LISTED FOR SALE

5080 N Somerset Ln Alpharetta, GA 30004

Estimated Value: $466,000 - $517,297

2 Beds
2 Baths
1,790 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $232,000 $130 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,301/month

27 Days on Market

Highlights

  • Open-Concept Dining Room
  • Clubhouse
  • Window or Skylight in Bathroom
  • Manning Oaks Elementary School Rated A-
  • Ranch Style House
  • Stone Countertops

About This Home

As of April 2016

TOTAL RENOVATION!!---ALL NEW EVERYTHING----NEW ROOF--NEW DRIVEWAY---NEW PAINT INSIDE/OUT---ALL NEW HANDSCRAPED HARDWOODS THOUGHOUT THE LIVING AREA----ALL NEW KITCHEN CABINETS--GRANITE COUNTERS--AND CUSTOM STONE TILE BACKSPLASH---ALL NEW FRIDGIDAIRE GALLERY APPLIANCES----ALL NEW MASTER BATH WITH CUSTOM TRAVERTINE TILE DESIGN WORK THROUGHOUT----NEW SOAKING TUB---ALL NEW ESPRESSO VANITIES---NEW LIGHTING FIXTURES---NEW PLUMBING FIXTURES---TOO MUCH TO LIST----STEP LESS, MOVE IN READY, RANCH IN ALPHARETTA---WILL NOT LAST--- OFFERS ANSWERED IN 24 HRS---SELLER IS LICENSED AGENT

Last Listed By

Dennis Henry

Homesmart Realty Partners License #333976 Listed on: 02/24/2016

Homesmart Realty Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,325

Year Built

  • Built in 1988

Lot Details

  • 7,392 Sq Ft Lot
  • Cul-De-Sac
  • Fenced
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,790 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Family Room with Fireplace
  • Open-Concept Dining Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Schools

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

Utilities

  • Central Air
  • Air Source Heat Pump
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • Patio

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 22 513511220192

Community Details

Overview

  • Homeowner Mgmt Services Association
  • Secondary HOA Phone (770) 667-0595
  • Somerset At Henderson Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,325

Year Built

Built in 1988

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1988
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Square Footage: 1790.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Skylights, Soaking Tub

Exterior Features

  • Construction Materials: Stucco
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Heat Pump
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Homeowners Assoc, Pool, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Phone: 770-667-0595
  • Subdivision Complex: Somerset at Henderson

Association/Amenities

  • Management Company: Homeowner Mgmt Services

Schools

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

Lot Info

  • Acres: 0.1697
  • Lot: 19
  • Lot Features: Cul-De-Sac, Level
  • Lot Dimensions: .01697
  • Parcel Number: 22 513511220192
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 2325.00
  • Assessor Parcel Number: 22-5135-1122-019-2
  • Close Date: 2016-04-28
  • Tax Year: 2015

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Manning Oaks
  • High School: Alpharetta
  • Middle School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Daali Joseph
Bought by
Jamal Mina
Total Days on Market
27
Current Estimated Value
$501,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$200,615
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$300,459

Purchase Details

Closed on
Feb 22, 2017
Sold by
Elsamad Ali Mohamad
Bought by
Daali Joseph and Daali Nazha

Purchase Details

Listed on
Feb 24, 2016
Closed on
Apr 28, 2016
Sold by
Dh Track Llc
Bought by
Daali Nazha and Elsamad Ali Mohamad
Seller's Agent
Dennis Henry
Homesmart Realty Partners
Buyer's Agent
Chuck Sheehan
HomeSmart
List Price
$255,000
Sold Price
$232,000
Premium/Discount to List
-$23,000
-9.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%

Purchase Details

Listed on
Sep 30, 2015
Closed on
Nov 19, 2015
Sold by
Secretary Of Housing And Urban Developme
Bought by
Dh Track Llc
Seller's Agent
DIVYESH PATEL
NOT A VALID MEMBER
Buyer's Agent
Dennis Henry
Homesmart Realty Partners
List Price
$194,400
Sold Price
$140,666
Premium/Discount to List
-$53,734
-27.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
211.79%

Purchase Details

Closed on
Oct 7, 2014
Sold by
Bank Of America Na
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
Sep 24, 2013
Sold by
Bay Point Capital Partners
Bought by
Garnet Sean C

Purchase Details

Closed on
Sep 3, 2013
Sold by
Garnet Sean C
Bought by
Bay Point Capital Pertners Lp

Purchase Details

Closed on
Oct 31, 2003
Sold by
Beckmeyer Michael L
Bought by
Garnet Sean C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,650
Interest Rate
5.75%
Mortgage Type
VA

Purchase Details

Closed on
Feb 18, 1998
Sold by
Hudgins Wallace F and Hudgins Eleanor
Bought by
Beckmeyer Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1995
Sold by
Webb Annie L
Bought by
Hudgins Wallace F Eleanor

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
Jamal Mina $440,000 --
Daali Joseph -- --
Daali Nazha $232,000 --
Dh Track Llc $140,666 --
Secretary Of Housing And Urban $203,288 --
Bank Of America Na -- --
Garnet Sean C $216,000 --
Bay Point Capital Pertners Lp $180,000 --
Garnet Sean C $158,000 --
Beckmeyer Michael L $130,000 --
Hudgins Wallace F Eleanor $108,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamal Mina $220,000
Previous Owner Garnet Sean C $18,181
Previous Owner Garnet Sean C $156,650
Previous Owner Beckmeyer Michael L $60,000
Previous Owner Beckmeyer Michael L $104,000
Closed Hudgins Wallace F Eleanor $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $232,000 -4.1% $130 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/11/2016 03/11/16 Price Changed $242,000 -3.2% $135 / Sq Ft
03/03/2016 03/03/16 Price Changed $250,000 -2.0% $140 / Sq Ft
02/24/2016 02/24/16 For Sale $255,000 +81.3% $142 / Sq Ft
11/19/2015 11/19/15 Sold $140,666 -27.6% $79 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $194,400 -- $109 / Sq Ft
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
2023 $5,358 $189,840 $52,040 $137,800
2022 $1,353 $136,520 $27,200 $109,320
2021 $1,514 $122,800 $28,760 $94,040
2020 $1,510 $115,000 $26,240 $88,760
2019 $182 $99,040 $26,240 $72,800
2018 $1,874 $90,440 $22,600 $67,840
2017 $1,292 $56,240 $17,280 $38,960
2016 $1,641 $56,240 $17,280 $38,960
2015 $2,782 $79,360 $24,400 $54,960
2014 -- $60,520 $18,320 $42,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5651673

First Multiple Listing Service (FMLS)

APN: 22-5135-1122-019-2