$298,000
SOLD SEP 16, 2021

70 Lake Somerset Crest NW Marietta, GA 30064

West Cobb Neighborhood
3 Beds
2 Baths
2,268 Sq Ft
10,102 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

5% Below List Price

21 Days on Market

Highlights

  • Lake On Lot
  • Lake View
  • 2 Car Garage
  • Still Elementary School Rated A
  • Contemporary Architecture
  • Level Lot

About This Home

As of December 2021

LAKE FRONT 3 bedrooms/ 2 bath fixer-upper in sought after Lake Somerset neighborhood! Perfect opportunity to make your dream home right on the lake! Do not miss your chance to customize your very own lake house!

Last Agent to Sell the Property

Paga Kamarhie

Drake Realty of GA, Inc. License #382020

Drake Realty of GA, Inc.

Last Buyer's Agent

Nadege Smith

Keller Williams Realty Peachtree Rd. License #391019

Keller Williams Realty Peachtree Rd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $696

Year Built

  • Built in 1980

Lot Details

  • 10,102 Sq Ft Lot
  • Lot Dimensions are 101 x 100
  • Level Lot
  • Back Yard
  • Land Lease

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Carpet
  • Lake Views
  • Unfinished Basement
  • Garage Access

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake On Lot

Schools

  • Still Elementary School
  • Lovinggood Middle School
  • Hillgrove High School

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Lake Somerset Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20031500780

Home Details

Home Type

Single Family

Est. Annual Taxes

$696

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Property Condition: Fixer Upper
  • Year Built: 1980
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Basement: Driveway Access, Unfinished
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 2268.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • View: Lake
  • Foundation: Concrete Perimeter

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available
  • Electric: Other

Condo/Co-op/Association

  • Subdivision Complex: Lake Somerset

Schools

  • Elementary School: Still
  • Middle School: Lovinggood
  • High School: Hillgrove

Lot Info

  • Acres: 0.2319
  • Lot Features: Back Yard, Lake On Lot, Level
  • Lot Dimensions: 101 x 100
  • Parcel Number: 20031500780
  • Horse Amenities: None
  • Land Lease: Yes
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 696.00
  • Assessor Parcel Number: 20-0315-0-078-0
  • Close Date: 2021-09-16
  • Tax Year: 2020

MLS Schools

  • Elementary School: Still
  • High School: Hillgrove
  • Middle School: Lovinggood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Dec 17, 2021
Sold by
Spoon5 Investments Llc
Bought by
Crow Alexa Dehn
Seller's Agent
Nadege Smith
Keller Williams Realty
Buyer's Agent
Zachary Haddock
Real Broker
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Total Days on Market
21
Current Estimated Value
$518,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,805
Avg. Annual Appreciation
1.98%
Original Mortgage
$460,750
Outstanding Balance
$428,853
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$89,952

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 16, 2021
Sold by
Ferocity Assets Llc
Bought by
Spoon5 Investment Llc
Seller's Agent
Paga Kamarhie
Drake Realty of GA, Inc.
Buyer's Agent
Nadege Smith
Keller Williams Realty Peachtree Rd.
List Price
$315,000
Sold Price
$298,000
Premium/Discount to List
-$17,000
-5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
601.62%
Original Mortgage
$307,500
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 7, 2021
Sold by
Stoupa Dale James and Estate Of James Joseph Stoupa
Bought by
Ferocity Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2.9%
Mortgage Type
Construction

Map

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 Type Sale Price Title Company
Warranty Deed $485,000 Crane Elder Law Firm Llc
Special Warranty Deed $298,000 Okelley & Sorohan Attorneys At
Administrators Deed $275,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,750 New Conventional
Previous Owner $307,500 Construction
Previous Owner $260,000 Construction
Previous Owner $222,356 VA
Previous Owner $219,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $208,593 VA
Previous Owner $208,377 VA
Previous Owner $206,257 VA
Previous Owner $205,066 VA
Previous Owner $211,903 No Value Available
Previous Owner $204,534 VA
Previous Owner $155,000 Stand Alone Second
Previous Owner $98,500 Stand Alone Second
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $485,000 +2.1% $310 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $475,000 +59.4% $303 / Sq Ft
09/16/2021 09/16/21 Sold $298,000 -5.4% $131 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $315,000 -- $139 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $4,515 $175,688 $34,000 $141,688
2023 $3,972 $175,688 $34,000 $141,688
2022 $3,227 $115,344 $34,000 $81,344
2021 $741 $115,344 $34,000 $81,344
2020 $696 $100,572 $34,000 $66,572
2019 $661 $88,568 $34,000 $54,568
2018 $661 $88,568 $34,000 $54,568
2017 $564 $80,340 $28,000 $52,340
2016 $569 $80,660 $28,000 $52,660
2015 $610 $80,660 $28,000 $52,660
2014 $587 $70,204 $0 $0
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 6922332

First Multiple Listing Service (FMLS)

APN: 20-0315-0-078-0