NOT LISTED FOR SALE

5965 Somerset Ct Suwanee, GA 30024

Estimated Value: $914,000 - $1,156,919

5 Beds
4.5 Baths
5,967 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $957,500 $160 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,951/month

13 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • Sharon Elementary School Rated A
  • Sauna
  • View of Trees or Woods

About This Home

As of June 2023

Stunning 5 bed/4.5 bath MASTER-ON-MAIN home with remodeled kitchen and professionally finished terrace level! Enter through the stone surrounded front door into the 2-story hardwood foyer. To your right is an elegant office with French doors, a marble fireplace, custom cabinetry, crown molding and hardwood floor. To your left is the family-size dining room with crown and picture frame molding. The grand family room features a coffered ceiling, beautiful marble fireplace, hardwood floor and views of the deck and private wooded yard. The remodeled gourmet kitchen features an eat-in island, custom cabinetry, granite countertops, stainless steel appliances, tile backsplash, walk-in pantry, work station and light, bright, bayed breakfast room! Vaulted keeping room with beamed ceilings, wall of windows and door to the expansive wrap around deck and views of the private, wooded backyard. The romantic main floor master suite features a trey ceiling, hardwood floor and an opulent spa bath with separate vanities, marble countertops, tiled floor and shower, whirlpool tub, and large walk-in closet. A convenient laundry room with sink and a pretty powder room complete the main level. Upstairs are 3 large bedrooms with 2 full tiled bathrooms with granite and marble countertops. The professionally finished terrace level is perfect for entertaining and features a stain-grade bar, a large recreation room with French doors, TV room with hardwood floor and trey ceiling, oversized pool room/game room with trey ceiling, a bedroom and full tiled bathroom with steam shower and a large covered deck with views of the tranquil backyard! Situated in Forsyth County's premier golf/swim/tennis community and in the sought-after Lambert High school district, this is the perfect place to call home!

Last Listed By

Ryan Assad

Keller Williams Realty Atlanta Partners License #173234 Listed on: 04/26/2023

Keller Williams Realty Atlanta Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,306

Year Built

  • Built in 1996

Lot Details

  • 0.35 Acre Lot
  • Property fronts a private road
  • Private Entrance
  • Landscaped
  • Irrigation Equipment
  • Wooded Lot
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $233 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,967 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Wet Bar
  • Bookcases
  • Crown Molding
  • Beamed Ceilings
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Plantation Shutters
  • Bay Window
  • Private Rear Entry
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Second Story Great Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Game Room
  • Sauna
  • Keeping Room
  • Views of Woods

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Security Gate
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Wrap Around Porch

Schools

  • Sharon - Forsyth Elementary School
  • South Forsyth Middle School
  • Lambert High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 160 427

Community Details

Overview

  • $2,000 Initiation Fee
  • Community Management Assoc Association
  • Secondary HOA Phone (770) 889-7347
  • Laurel Springs Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Swim Team
  • Fitness Center
  • Community Pool
  • Park

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,306

Year Built

Built in 1996

Lot Details

0

HOA Fees

$233 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1996
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Beamed Ceilings, Bookcases, Coffered Ceiling(s), Crown Molding, Double Vanity, Entrance Foyer 2 Story, High Speed Internet, Sauna, Tray Ceiling(s), Vaulted, Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Eat-in Kitchen, Keeping Room, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Basement, Bonus Room, Dining Room, Family Room, Game Room, Great Room - 2 Story, Laundry, Office, Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 5967.00
  • Spa Features: None
  • Window Features: Bay Window(s), Insulated Windows, Plantation Shutters

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Roommate Floor Plan, Split Bedroom Plan
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Stone, Stucco
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Covered, Deck, Rear Porch, Wrap Around
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard
  • View: Trees/Woods
  • Foundation: Concrete Perimeter

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security Gate, Security Guard, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Security, Swim/Tennis, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Fitness Center, Gated, Golf Course, Homeowners Assoc, Park, Playground, Pool, Sidewalks, Street Lights, Swim Team, Tennis Court(s)
  • Association Fee: 2800
  • Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: Manager@laurelspringshoa.com
  • Management Phone: 770-889-7347
  • Subdivision Complex: Laurel Springs

Association/Amenities

  • Management Company: Community Management Assoc

Schools

  • Elementary School: Sharon - Forsyth
  • Middle School: South Forsyth
  • High School: Lambert

Lot Info

  • Acres: 0.3500
  • Lot: 46
  • Section G M D: 1
  • Deed Book: 6164
  • Deed Page: 439
  • Lot Features: Back Yard, Front Yard, Landscaped, Private, Wooded
  • Parcel Number: 160 427
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 2000

Tax Info

  • Taxes: 7306.00
  • Assessor Parcel Number: 160-000-427
  • Close Date: 2023-06-13
  • Tax Year: 2021

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sharon - Forsyth
  • High School: Lambert
  • Middle School: South Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 13, 2023
Sold by
Claude Christopher
Bought by
Ma Qianli and Chen Shuzhen
Seller's Agent
Ryan Assad
Keller Williams Realty Atlanta Partners
Buyer's Agent
Holli Clem
Keller Williams Realty Atlanta Partners
List Price
$1,100,000
Sold Price
$957,500
Premium/Discount to List
-$142,500
-12.95%
Total Days on Market
13
Views
46
Current Estimated Value
$1,072,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,230
Avg. Annual Appreciation
6.92%
Original Mortgage
$707,500
Outstanding Balance
$676,737
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$412,704

Purchase Details

Listed on
Aug 25, 2011
Closed on
Jan 6, 2012
Sold by
Bailey Ellen O
Bought by
Claude Heather and Claude Christopher
Seller's Agent
JEFF CARRIER
Atlanta Communities
Buyer's Agent
Robin Blass
Harry Norman Realtors
List Price
$520,000
Sold Price
$465,000
Premium/Discount to List
-$55,000
-10.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$372,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2009
Sold by
Bailey Douglas R
Bought by
Bailey Ellen O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 1998
Sold by
Equus Prop
Bought by
Bailey Douglas R and Bailey Ellen O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.75%
Mortgage Type
New Conventional

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
Ma Qianli $957,500 None Listed On Document
Claude Heather $465,000 --
Bailey Ellen O -- --
Bailey Douglas R $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Qianli $707,500
Previous Owner Claude Heather $372,000
Previous Owner Claude Heather $69,750
Previous Owner Bailey Ellen O $396,000
Previous Owner Bailey Douglas R $332,000
Previous Owner Bailey Douglas R $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $957,500 -4.3% $160 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/08/2023 05/08/23 Price Changed $1,000,000 -9.1% $168 / Sq Ft
04/26/2023 04/26/23 For Sale $1,100,000 +136.6% $184 / Sq Ft
01/08/2012 01/08/12 Sold $465,000 -10.6% $127 / Sq Ft
12/09/2011 12/09/11 Pending -- -- --
08/25/2011 08/25/11 For Sale $520,000 -- $142 / 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
2024 $9,253 $383,000 $72,720 $310,280
2023 $7,602 $376,184 $72,000 $304,184
2022 $7,339 $264,588 $50,000 $214,588
2021 $6,823 $264,588 $50,000 $214,588
2020 $6,629 $255,216 $50,000 $205,216
2019 $6,557 $251,240 $50,000 $201,240
2018 $6,071 $227,268 $40,000 $187,268
2017 $5,920 $219,072 $40,000 $179,072
2016 $5,920 $219,072 $40,000 $179,072
2015 $5,786 $212,232 $40,000 $172,232
2014 $5,142 $197,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7208275

First Multiple Listing Service (FMLS)

APN: 160-427