$140,666
SOLD NOV 19, 2015

5080 N Somerset Ln Alpharetta, GA 30004

2 Beds
2 Baths
1,790 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$79 Per Sq Ft

28% Below List Price

7 Days on Market

Highlights

  • Fitness Center
  • Property is walking distance to MARTA
  • Wooded Lot
  • Manning Oaks Elementary School Rated A-
  • Private Lot
  • Ranch Style House

About This Home

As of April 2016

EQUAL HOUSING OPPORTUNITY!! HUD HOME SOLD AS-IS,CASE #105-163245. THIS PROPERTY IS INSURABLE W/ESCROW!! 'INSURED PROPERTIES':BIDDING RESTRICTED TO OWNER OCCUPANTS FOR 1ST 30 DAYS,ON THE 11TH DAY-ALL BIDS RECEIVED THAT MEET THRESHOLDS WILL BE ACCEPTED. IF NO BID MEETS THRESHOLDS,PRPTY WILL REMAIN ON MARKET & BIDS WILL BE REVIEWED AT THE END OF EACH DAY UNTIL BID IS ACCEPTED. AFTER 30 DAYS,PRPTY CHANGES TO EXTENDED WHICH WILL ALLOW NON-OWNER OCCUPANTS OPPORTUNITY TO BID.

Last Agent to Sell the Property

DIVYESH PATEL

NOT A VALID MEMBER License #258736 Listed on: 09/30/2015

Last Buyer's Agent

Dennis Henry

Homesmart Realty Partners License #333976

Homesmart Realty Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,464

Year Built

  • Built in 1988

Lot Details

  • Private Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,790 Sq Ft Home
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Carpet
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio

Location

  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 22 513511220192

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,464

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, Traditional
  • Property Condition: Resale
  • Year Built: 1988
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room, Other
  • Dining Room Features: Separate Dining Room
  • 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: Separate Tub/Shower

Exterior Features

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

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Fitness Center, Homeowners Assoc, Near Marta, Near Schools, Near Shopping, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: mike.crew@hms-inc.net
  • Management Phone: 770-667-0595
  • Subdivision Complex: SOMERSET AT HENDERSON

Association/Amenities

  • Management Company: HOMEOWNER MGMNT SERVICES

Schools

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

Lot Info

  • Lot: 19
  • Land/Lot: 5135
  • Lot Features: Level, Private, Wooded
  • Lot Dimensions: .01697 ACRE
  • Parcel Number: 22 513511220192
  • Property Attached Yn: No

Tax Info

  • Taxes: 1464.00
  • Assessor Parcel Number: 22-5135-1122-019-2
  • Close Date: 2015-11-19
  • Tax Year: 2014

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
Current Estimated Value
$503,210

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
$198,895
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$304,315

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
8.78%

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
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 Type Sale Price Title Company
Warranty Deed $440,000 --
Warranty Deed -- --
Warranty Deed $232,000 --
Warranty Deed $140,666 --
Warranty Deed $203,288 --
Foreclosure Deed -- --
Quit Claim Deed $216,000 --
Deed $180,000 --
Deed $158,000 --
Deed $130,000 --
Deed $108,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 New Conventional
Previous Owner $18,181 Stand Alone Second
Previous Owner $156,650 VA
Previous Owner $60,000 Credit Line Revolving
Previous Owner $104,000 New Conventional
Closed $0 No Value Available
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
2025 $1,012 $201,040 $37,120 $163,920
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

  • Dennis Henry

    Seller's Agent in 2016

    Dennis Henry

    Homesmart Realty Partners

    (404) 388-8722

    3 in this area

    60 Total Sales

    Dennis Henry
    Section Image
  • Chuck Sheehan

    Buyer's Agent in 2016

    Chuck Sheehan

    HomeSmart

    (770) 865-8178

    4 Total Sales

    Chuck Sheehan
    Section Image

  • D

    Seller's Agent in 2015

    DIVYESH PATEL

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5601637

First Multiple Listing Service (FMLS)

APN: 22-5135-1122-019-2

Georgia Fulton County Alpharetta 30004

5080 N Somerset Ln, Alpharetta, GA

This home is located at 5080 N Somerset Ln, Alpharetta, GA 30004 and is currently priced at $140,666, approximately $78 per square foot. This property was built in 1988. 5080 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.

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