NOT LISTED FOR SALE

5185 N Somerset Ln Alpharetta, GA 30004

Estimated Value: $604,784 - $614,000

3 Beds
2.5 Baths
2,444 Sq Ft
$249/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $527,000 $216 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,384/month

12 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Community Pool
  • Manning Oaks Elementary School Rated A-
  • 2 Fireplaces
  • Tennis Courts

About This Home

As of February 2023

Welcome home!

Last Agent to Sell the Property

Kadie Stidham

Orchard Brokerage, LLC License #272248 Listed on: 01/11/2023

Co-Listed By

Shana Bowes

Opendoor Brokerage License #373980

Last Buyer's Agent

Tommy Ngo

Redfin Corporation License #368055

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,616

Year Built

  • Built in 1988

Lot Details

  • 8,276

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 2,444 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Flooring
  • Laundry closet

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Schools

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

Additional Features

  • 8,276 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 33

Community Details

Overview

  • Association fees include swimming, tennis
  • Somerset/Henderson Vlg Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,616

Year Built

Built in 1988

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • ArchitecturalStyle: Other
  • Main Level Half Bathrooms: 1
  • Co List Office: ODGA01
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .19
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2444
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Other, Oven (Wall)
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 2444
  • Above Grade Finished Sq Ft: 2444
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Hardwood
  • Price Per Square Foot: 215.630

Beds/Baths

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

Exterior Features

  • Construction Materials: Stucco
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Electric, Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 800
  • Association: Yes
  • Community Features: Clubhouse, Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Other, 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

  • Lot: 33

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4616.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Feb 28, 2023
Sold by
Opendoor Property Trust I
Bought by
Olson Stephanie M
Seller's Agent
Kadie Stidham
Orchard Brokerage, LLC
Buyer's Agent
Tommy Ngo
Redfin Corporation
List Price
$530,000
Sold Price
$527,000
Premium/Discount to List
-$3,000
-0.57%
Views
63
Current Estimated Value
$607,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,946
Avg. Annual Appreciation
5.67%
Original Mortgage
$500,650
Outstanding Balance
$484,819
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$123,127

Purchase Details

Closed on
Dec 29, 2022
Sold by
Yisrael Yvette
Bought by
Opendoor Property Trust I

Purchase Details

Listed on
Oct 21, 2019
Closed on
Jan 3, 2020
Sold by
Ghaemi Saeid
Bought by
Yisrael Yvette
Seller's Agent
Nancy Hemmati
Chapman Hall Realtors
Buyer's Agent
GRACE MANDERVILLE
Century 21 Results
List Price
$359,000
Sold Price
$351,000
Premium/Discount to List
-$8,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$357,142
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2003
Sold by
Fetner R C Trust #1
Bought by
Ghaemi Saeid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.95%

Purchase Details

Closed on
Mar 3, 1998
Sold by
Adent David J and Adent Melody
Bought by
Kinzer Wm
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
Olson Stephanie M $527,000 --
Opendoor Property Trust I $441,500 --
Opendoor Property Trust I $441,500 --
Yisrael Yvette $351,000 --
Ghaemi Saeid $166,000 --
Kinzer Wm $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Stephanie M $500,650
Previous Owner Yisrael Yvette $357,142
Previous Owner Ghaemi Saeid $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Sale $615,000 +16.7% $252 / Sq Ft
02/28/2023 02/28/23 Sold $527,000 -0.6% $216 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $530,000 +51.0% $217 / Sq Ft
01/03/2020 01/03/20 Sold $351,000 -2.2% $144 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $359,000 -- $147 / 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 $1,027 $241,640 $36,640 $205,000
2023 $1,027 $227,040 $51,360 $175,680
2022 $3,376 $160,720 $26,880 $133,840
2021 $3,924 $140,400 $27,760 $112,640
2020 $3,185 $134,560 $25,920 $108,640
2019 $444 $130,120 $25,880 $104,240
2018 $2,931 $119,480 $22,320 $97,160
2017 $2,650 $102,760 $24,080 $78,680
2016 $2,199 $102,760 $24,080 $78,680
2015 $3,050 $102,760 $24,080 $78,680
2014 $2,015 $78,480 $18,080 $60,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10121576

Georgia MLS

APN: 22-5135-1122-033-3