5380 Somerlane Trail College Park, GA 30349
Estimated Value: $508,000 - $1,194,000
8
Beds
8
Baths
11,710
Sq Ft
$81/Sq Ft
Est. Value
About This Home
This home is located at 5380 Somerlane Trail, College Park, GA 30349 and is currently estimated at $949,393, approximately $81 per square foot. 5380 Somerlane Trail is a home located in Fulton County with nearby schools including Lee Elementary School, Camp Creek Middle School, and Langston Hughes High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 11, 2023
Sold by
Bp Fast Lending Llc
Bought by
Bullock Lacey and Its A Fact Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,271
Outstanding Balance
$242,946
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$706,447
Purchase Details
Closed on
Nov 21, 2022
Sold by
Bullock Lacey
Bought by
Residential Adversities Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 8, 2021
Sold by
Peoples Frances Deramus Estate
Bought by
Bullock Lacey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bullock Lacey | -- | -- | |
| Residential Adversities Llc | -- | -- | |
| Bullock Lacey | -- | -- | |
| Bullock Lacey | $275,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bullock Lacey | $248,271 | |
| Previous Owner | Residential Adversities Llc | $215,000 | |
| Previous Owner | Bullock Lacey | $100,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,158 | $535,160 | $96,680 | $438,480 |
| 2023 | $8,046 | $285,040 | $33,680 | $251,360 |
| 2022 | $7,499 | $381,480 | $33,680 | $347,800 |
| 2021 | $4,096 | $285,040 | $25,880 | $259,160 |
| 2020 | $4,110 | $288,960 | $28,000 | $260,960 |
| 2019 | $163 | $283,840 | $27,480 | $256,360 |
| 2018 | $4,755 | $277,200 | $26,840 | $250,360 |
| 2017 | $2,909 | $196,320 | $16,520 | $179,800 |
| 2016 | $3,444 | $196,320 | $16,520 | $179,800 |
| 2015 | $2,854 | $155,400 | $16,520 | $138,880 |
| 2014 | $2,693 | $155,400 | $16,520 | $138,880 |
Source: Public Records
Map
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