NOT LISTED FOR SALE

677 Somerset Terrace NE Unit D-1 Atlanta, GA 30306

Poncey-Highland Neighborhood

Estimated Value: $242,000 - $300,000

2 Beds
1 Bath
637 Sq Ft
871 Sq Ft Lot

Last Sold March 22, 2024

Last sale price $285,000 $447 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,715/month

5 Days on Market

Highlights

  • Gated Community
  • Deck
  • 1-Story Property
  • Springdale Park Elementary School Rated A
  • Balcony
  • 4-minute walk to Eastside BeltLine Trail

About This Home

As of March 2024

Attention all savvy buyers! This is your chance to seize a fantastic opportunity in Atlanta, GA! Nestled in a sought-after boutique condo community, this property exudes charm and convenience. Its prime location near Ponce City Market, Beltline Eastside Trail, and the iconic Clermont Hotel ensures you're at the heart of Atlanta's vibrant lifestyle. Step inside to discover a space that feels much larger than its square footage suggests. You'll appreciate the practicality of having a full-size washer and dryer in your own laundry room, while the balcony provides a tranquil retreat overlooking the community courtyard. All appliances are included with the property, making moving in a breeze. Additional perks include an assigned storage unit within the community and assigned parking. The second bedroom offers versatility, whether you need a home office or desire to transform it into a luxurious dressing room. With recent updates such as HVAC installed in 2018 and a new water heater in 2019, this unit offers both comfort and peace of mind. For motivated buyers looking to make a smart investment in Atlanta's dynamic real estate market, this is the opportunity you've been waiting for. Act fast and make this gem your own before it's gone!

Last Agent to Sell the Property

Courtney Skipper

eXp Realty License #387495 Listed on: 02/29/2024

eXp Realty

Last Buyer's Agent

Lauren Ward

eXp Realty License #416668

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,639

Year Built

  • Built in 1927 | Under Construction

Lot Details

  • Two or More Common Walls

Home Design

  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 637 Sq Ft Home
  • 1-Story Property
  • Dishwasher
  • Dryer

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, maintenance exterior, ground maintenance
  • Mid-Rise Condominium
  • Somerset Subdivision

Amenities

  • Laundry Facilities

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,639

Year Built

Built in 1927 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1927
  • ArchitecturalStyle: Brick 3 Side
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .02
  • Property Sub-Type: Condominium
  • Structure Type: Mid Rise
  • Total Finished Area2: 637
  • Special Features: 1028
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 637
  • Above Grade Finished Sq Ft: 637
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Flooring: Other
  • Price Per Square Foot: 431.711

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Lot Features: Other
  • Patio And Porch Features: Deck
  • Property Condition: Under Construction
  • Roof: Other

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Common Area
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Gated

Fee Information

  • Association Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds

Schools

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

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1639

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Mar 22, 2024
Sold by
Beersdorf Hannah Elizabeth
Bought by
Houston Courtney Joshua and Abbigaile Noyes Abbigaile
Seller's Agent
Courtney Skipper
eXp Realty
Buyer's Agent
Lauren Ward
eXp Realty
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%
Views
40
Current Estimated Value
$286,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,782
Avg. Annual Appreciation
0.80%
Original Mortgage
$270,750
Outstanding Balance
$267,215
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$20,940

Purchase Details

Listed on
May 21, 2019
Closed on
Aug 30, 2019
Sold by
Davis William J
Bought by
Beersdorf Hannah Elizabeth
Seller's Agent
BEVERLY B JONES
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Courtney Skipper
EXP Realty, LLC.
List Price
$234,900
Sold Price
$230,000
Premium/Discount to List
-$4,900
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$230,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2016
Closed on
Aug 22, 2016
Sold by
Andrew R
Bought by
Davis William J
Seller's Agent
DEBBIE JONES KELLY
NOT A VALID MEMBER
Buyer's Agent
BEVERLY B JONES
Berkshire Hathaway HomeServices Georgia Properties
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$152,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Houston Courtney Joshua $285,000 --
Beersdorf Hannah Elizabeth $230,000 --
Davis William J $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houston Courtney Joshua $270,750
Previous Owner Beersdorf Hannah Elizabeth $229,908
Previous Owner Beersdorf Hannah Elizabeth $230,000
Previous Owner Davis William J $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $285,000 +3.6% $447 / Sq Ft
02/29/2024 02/29/24 For Sale $275,000 +19.6% $432 / Sq Ft
08/30/2019 08/30/19 Sold $230,000 +2.2% --
08/03/2019 08/03/19 Pending -- -- --
07/16/2019 07/16/19 Price Changed $225,000 -1.7% --
06/14/2019 06/14/19 Price Changed $229,000 -2.5% --
05/21/2019 05/21/19 For Sale $234,900 +23.6% --
08/22/2016 08/22/16 Sold $190,000 +0.1% --
07/25/2016 07/25/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $189,900 -- --
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 $1,743 $132,280 $13,400 $118,880
2023 $3,963 $95,720 $13,400 $82,320
2022 $2,262 $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 $3,317 $80,120 $10,440 $69,680
2017 $2,460 $56,960 $7,400 $49,560
2016 $2,466 $56,960 $7,400 $49,560
2015 $2,691 $56,960 $7,400 $49,560
2014 $2,789 $61,520 $6,120 $55,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10259790

Georgia MLS

APN: 14-0017-0011-116-3