NOT LISTED FOR SALE

7016 Somerset Cir Alpharetta, GA 30004

Estimated Value: $244,000 - $314,000

2 Beds
2 Baths
1,384 Sq Ft
$210/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $55,000 $40 Per Sq Ft

Est. 429% increase in value since last sale

Current estimated payment $1,589/month

102 Days on Market

Highlights

  • Great Room
  • L-Shaped Dining Room
  • Tennis Courts
  • Manning Oaks Elementary School Rated A-
  • Community Pool
  • Double Pane Windows

About This Home

As of August 2012

WONDERFUL 2BED 2BATH CONDO W/A HUGE DECK AND OVERLOOKS A WOODY ARE,NICE SIZE LIVING RM & DINING RM & INDIVIDUAL PRIVATE BATHRMS. GREAT LOCATION, AS-IS.CASE#105-259047

Last Agent to Sell the Property

Melissa Hylton

Home Realty Inc. License #256607 Listed on: 04/21/2012

Last Buyer's Agent

Melanie Cates

Virtual Properties Realty.com License #340638

Virtual Properties Realty.com

Property Details

Home Type

  • Other

Year Built

  • 1985

Lot Details

  • 1,307

Home Design

  • Slab Foundation

Interior Spaces

  • 1,384 Sq Ft Home
  • Double Pane Windows
  • Great Room
  • L-Shaped Dining Room
  • Fire and Smoke Detector

Schools

  • Manning Oaks / Fulton / Fulton County Elementary School
  • Northwestern / Fulton / Fulton County Middle School
  • Milton / Fulton / Fulton County High School

Utilities

  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Other

Year Built

1985

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1985

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built, Gas Starter
  • Basement: Slab/None
  • Equipment: Smoke/Fire Alarm
  • Interior Amenities: Cable In Street, Entrance Foyer, Wall-to-wall Carpet
  • Laundry Location: Hall
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Pantry
  • Above Grade Finished Sq Ft: 1384

Exterior Features

  • Construction: Aluminum/Vinyl, Brick/Frame
  • Exterior Features: Deck/Patio
  • Roof Type: Composition

Garage/Parking

  • Parking: Assigned Space, Parking Pad

Utilities

  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Central, Forced Air
  • Energy Features: Double Pane/Thermo, Gas Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Association/Amenities

  • Amenities: Neighborhood Association, Pool, Tennis Courts, Underground Utilities

Condo/Co-op/Association

  • Fees Include: Bldg & Liability Insurance, Garbage Pickup, Grounds Maintenance, Reserve Fund

Schools

  • Elementary School: Manning Oaks / Fulton / Fulton County, GA
  • Elementary Bus Line: Yes
  • High School: Milton / Fulton / Fulton County, GA
  • High School Bus: Yes
  • Middle School: Northwestern / Fulton / Fulton County, GA
  • Middle School Bus: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2012
Closed on
Sep 30, 2012
Sold by
Harris Errol Alwyn
Bought by
Harris Errol Alwyn and Harris Natalie A
Seller's Agent
Melissa Hylton
Home Realty Inc.
Buyer's Agent
Melanie Cates
Virtual Properties Realty.com
List Price
$55,000
Sold Price
$55,000
Current Estimated Value
$291,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,084
Avg. Annual Appreciation
13.37%

Purchase Details

Listed on
Apr 21, 2012
Closed on
Aug 31, 2012
Sold by
Secretary Of Housing And U
Bought by
Harris Errol Alwyn
Seller's Agent
Melissa Hylton
Home Realty Inc.
Buyer's Agent
Melanie Cates
Virtual Properties Realty.com
List Price
$55,000
Sold Price
$55,000

Purchase Details

Closed on
Dec 6, 2011
Sold by
Stokes Daniel J
Bought by
Citimortgage Inc

Purchase Details

Closed on
Mar 31, 2006
Sold by
Austin Wayne
Bought by
Stokes Daniel J and Stokes Kathleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,140
Interest Rate
6.23%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2003
Sold by
Hud
Bought by
Austin Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,328
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1999
Sold by
Coomer Susan
Bought by
Smith Kenneth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
7.85%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 1995
Sold by
Mooney Lawrence W
Bought by
Commer Susan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harris Errol Alwyn -- --
Harris Errol Alwyn $55,000 --
Citimortgage Inc $111,654 --
Sec Dept Of Housing & Urban De $111,654 --
Stokes Daniel J $113,900 --
Austin Wayne -- --
Smith Kenneth R $95,700 --
Commer Susan $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stokes Daniel J $112,140
Previous Owner Austin Wayne $85,328
Previous Owner Smith Kenneth R $92,800
Closed Commer Susan $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $55,000 0.0% $40 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
04/21/2012 04/21/12 For Sale $55,000 -- $40 / Sq Ft
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 $693 $112,960 $16,760 $96,200
2023 $3,056 $108,280 $18,440 $89,840
2022 $2,200 $83,600 $11,080 $72,520
2021 $2,325 $70,720 $9,360 $61,360
2020 $2,170 $64,680 $8,400 $56,280
2019 $365 $63,520 $8,240 $55,280
2018 $1,620 $57,400 $7,600 $49,800
2017 $1,316 $45,120 $11,280 $33,840
2016 $1,317 $45,120 $11,280 $33,840
2015 $1,582 $45,120 $11,280 $33,840
2014 $1,157 $37,760 $5,000 $32,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 03219865

Georgia MLS

APN: 22-5134-1184-003-2