NOT LISTED FOR SALE

701 Somerton Place Cumming, GA 30040

Estimated Value: $372,000 - $409,000

2 Beds
2 Baths
-- Sq Ft
$195/mo HOA Fee

Last Sold December 29, 2015

Last sale price $180,000

Est. 119% increase in value since last sale

Current estimated payment $2,419/month

46 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Cathedral Ceiling
  • Otwell Middle School Rated A
  • Traditional Architecture
  • Sun or Florida Room

About This Home

As of December 2015

Public Remarks: Pre-approved Short Sale. Easy access and showing. Below market and in good condition. Quick closing possible. Hardwood floors. Interior Cathedral ceilings. Large book cases. Large kitchen. Stained cabinets. Large living room with fireplace. Master bath has double vanity. Sun room. Plantation shutters on all windows. 2 car garage with auto garage door. Fenced in back patio that offers massive amounts of privacy while being outdoors.

Last Agent to Sell the Property

Rob Carrino

Keller Williams Realty Atl Perimeter License #343135 Listed on: 05/18/2015

Keller Williams Realty Atl Perimeter

Last Buyer's Agent

Rob Carrino

Keller Williams Realty Atl Perimeter License #343135 Listed on: 05/18/2015

Keller Williams Realty Atl Perimeter

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $404

Year Built

  • Built in 2003

Lot Details

  • 1,742

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Carpet
  • Attic Fan
  • Security System Leased

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Schools

  • Sawnee Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Landscaped

Listing and Financial Details

  • Assessor Parcel Number C05 069

Community Details

Overview

  • Newbury HOA Fee Association
  • Newbury Dev Surv Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center

Security

  • Card or Code Access
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$404

Year Built

Built in 2003

Lot Details

0

HOA Fees

$195 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 2003
  • Levels Stories: One
  • Special Features: 12

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room, Gas Log, Glass Doors
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Laminate Counters, Pantry
  • Additional Rooms: Family Room, Sun Room
  • Dining Room Features: Separate Dining Room
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Shower Only, Vaulted Ceilings

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Security: Fire Alarm, Key Card Entry, Security System Leased, Smoke Detector(s)
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Homeowners Assoc, Tennis Court(s)
  • Association Fee: 195
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Newbury Dev Surv

Association/Amenities

  • Management Company: Newbury HOA fee

Schools

  • Elementary School: Sawnee
  • Middle School: Otwell
  • High School: Forsyth Central

Green Features

  • Efficiency: Doors, Windows

Lot Info

  • Lot Features: Landscaped
  • Parcel Number: C05 069
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 404.00
  • Assessor Parcel Number: C05-000-069
  • Close Date: 2015-12-29
  • Tax Year: 2014

MLS Schools

  • Elementary School: Sawnee
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Jeanne Peterson
Bought by
Peterson Jeanne
Current Estimated Value
$394,664

Purchase Details

Closed on
Oct 27, 2020
Sold by
Priest Robert L
Bought by
Peterson Jeanne

Purchase Details

Listed on
May 18, 2015
Closed on
Dec 29, 2015
Sold by
Patton Sue C
Bought by
Priest Robert L and Priest Mary E
Seller's Agent
Rob Carrino
Keller Williams Realty Atl Perimeter
Buyer's Agent
Rob Carrino
Keller Williams Realty Atl Perimeter
List Price
$189,300
Sold Price
$180,000
Premium/Discount to List
-$9,300
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Feb 5, 2004
Sold by
Newbury Vlg Development Llc
Bought by
Patton Sue C

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
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Peterson Jeanne -- None Listed On Document
Peterson Jeanne $250,000 --
Priest Robert L $180,000 --
Patton Sue C $186,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Priest Robert L $100,000
Previous Owner Patton Sue C $195,603
Previous Owner Patton Sue C $201,477
Previous Owner Patton Sue C $195,184
Previous Owner Patton Sue C $15,000
Previous Owner Patton Sue C $164,000
Previous Owner Patton Sue C $128,000
Previous Owner Patton Sue $25,000
Previous Owner Patton Sue C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2015 12/29/15 Sold $180,000 -2.7% --
11/21/2015 11/21/15 Pending -- -- --
11/05/2015 11/05/15 Price Changed $184,900 -2.3% --
10/06/2015 10/06/15 Price Changed $189,300 0.0% --
10/06/2015 10/06/15 For Sale $189,300 -- --
06/17/2015 06/17/15 Pending -- -- --
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 $755 $147,028 $58,000 $89,028
2023 $645 $144,084 $44,000 $100,084
2022 $747 $99,852 $32,000 $67,852
2021 $729 $99,852 $32,000 $67,852
2020 $521 $99,340 $32,000 $67,340
2019 $519 $93,388 $20,000 $73,388
2018 $524 $88,836 $20,000 $68,836
2017 $531 $87,644 $20,000 $67,644
2016 $509 $71,884 $20,000 $51,884
2015 $506 $69,524 $20,000 $49,524
2014 $404 $59,852 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5541091

First Multiple Listing Service (FMLS)

APN: C05-069