NOT LISTED FOR SALE

677 Somerset Terrace NE Unit C4 Atlanta, GA 30306

Poncey-Highland Neighborhood

Estimated Value: $273,149 - $304,000

2 Beds
1 Bath
637 Sq Ft
$280/mo HOA Fee

Last Sold January 05, 2018

Last sale price $224,000 $352 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,134/month

2 Days on Market

Highlights

  • Open-Concept Dining Room
  • No Units Above
  • City View
  • Springdale Park Elementary School Rated A
  • Gated Community
  • 4-minute walk to Eastside BeltLine Trail

About This Home

As of January 2018

Freshly painted move in ready upper floor condo in historic building steps from Ponce City Market, the Beltline, shops, restaurants, and the new Kroger. Kitchen is fully equipped and the Refrigerator and W/D stay. Hardwoods in Great room and both bedrooms with tiled kitchen and bathroom. This 2 bedroom one bathroom unit has a balcony with city views and overlooks the courtyard.

Last Agent to Sell the Property

Shane Little

Avenue Realty, Inc. License #226620 Listed on: 12/01/2017

Last Buyer's Agent

Phil Cooper

Avenue Realty, Inc. License #301614

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,220

Year Built

  • Built in 1927

Lot Details

  • No Units Above
  • Fenced
  • Landscaped

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 637 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Great Room
  • Open-Concept Dining Room
  • City Views
  • Security Gate

Kitchen

  • Open to Family Room
  • Gas Range
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Balcony
  • Courtyard

Location

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

Schools

  • Springdale Park Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 14 001700111130

Community Details

Overview

  • $710 Initiation Fee
  • Somerset Association, Phone Number (404) 250-8240
  • Secondary HOA Phone (404) 522-5133
  • Mid-Rise Condominium
  • Somerset Subdivision
  • FHA/VA Approved Complex

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,220

Year Built

Built in 1927

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Mid-Rise (up to 5 stories)
  • Property Condition: Resale
  • Year Built: 1927
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Cabinets Stain, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No One Above
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Open Concept
  • Square Footage: 637.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Split Bedroom Plan
  • Main Bedrooms: 2
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Fencing: Fenced
  • Exterior Features: Balcony, Courtyard
  • View: City

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Security: Key Card Entry, Security Gate
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: In Kitchen, Laundry Room
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Reserve Fund, Sewer, Termite, Trash, Water
  • Community Features: Gated, Homeowners Assoc, Near Marta, Near Schools, Near Shopping, Public Transportation
  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-250-8240
  • Management Company Email: alicia@avenue-realty.com
  • Management Phone: 404-522-5133
  • Subdivision Complex: Somerset

Association/Amenities

  • Management Company: Somerset

Schools

  • Elementary School: Springdale Park
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Land/Lot: 17
  • Deed Book: 47010
  • Deed Page: 425
  • Plat Book: 17
  • Plat Page: 439
  • Lot Features: Landscaped
  • Parcel Number: 14 001700111130
  • Property Attached Yn: Yes

Rental Info

  • Initiation Fee: 710

Tax Info

  • Taxes: 1220.00
  • Assessor Parcel Number: 14-0017-0011-113-0
  • Close Date: 2018-01-05
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Springdale Park
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Jan 5, 2018
Sold by
Landrum Susan
Bought by
Suggs Bennett and Suggs Andrew
Seller's Agent
Shane Little
Avenue Realty, Inc.
Buyer's Agent
Phil Cooper
Avenue Realty, Inc.
List Price
$234,900
Sold Price
$224,000
Premium/Discount to List
-$10,900
-4.64%
Current Estimated Value
$292,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,248
Avg. Annual Appreciation
3.52%
Original Mortgage
$95,000
Outstanding Balance
$80,541
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$210,899

Purchase Details

Closed on
Jul 18, 2008
Sold by
Summerset Dev Corp
Bought by
Landrum Susan and Long Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Suggs Bennett $224,000 --
Landrum Susan $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suggs Bennett $95,000
Previous Owner Landrum Susan B $131,354
Previous Owner Landrum Susan $141,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2018 01/05/18 Sold $224,000 -4.6% $352 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
12/01/2017 12/01/17 For Sale $234,900 -- $369 / 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 $3,053 $95,720 $13,400 $82,320
2023 $3,963 $95,720 $13,400 $82,320
2022 $3,874 $95,720 $13,400 $82,320
2021 $3,764 $92,920 $13,000 $79,920
2020 $3,616 $88,280 $10,600 $77,680
2019 $341 $88,200 $13,240 $74,960
2018 $2,016 $80,120 $10,440 $69,680
2017 $1,216 $56,960 $7,400 $49,560
2016 $1,220 $56,960 $7,400 $49,560
2015 $1,445 $56,960 $7,400 $49,560
2014 $1,479 $61,520 $6,120 $55,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Shane Little

    Avenue Realty, Inc.

    (404) 861-2701

    1 in this area

    176 Total Sales

    Section Image

  • P

    Buyer's Agent in 2018

    Phil Cooper

    Avenue Realty, Inc.

    (404) 735-6375

    66 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5938926

First Multiple Listing Service (FMLS)

APN: 14-0017-0011-113-0

Georgia Fulton County Atlanta 30306 Poncey-Highland

677 Somerset Terrace NE Unit C4, Atlanta, GA

This home is located at 677 Somerset Terrace NE Unit C4, Atlanta, GA 30306 since 01 December 2017 and is currently estimated at $291,287, approximately $457 per square foot. This property was built in 1927. 677 Somerset Terrace NE Unit C4 is a home located in Fulton County with nearby schools including Springdale Park Elementary School, Midtown High School, and Kindezi Old 4th Ward.

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