Seller's Agent in 2025
Betsy Liermann
Crye-Leike
(770) 601-3067
13 in this area
57 Total Sales
703 Somerton Place Unit 703 Cumming, GA 30040
3
Beds
2
Baths
1,680
Sq Ft
$300/mo
HOA Fee
Highlights
- Fitness Center
- Clubhouse
- Partially Wooded Lot
- Otwell Middle School Rated A
- Ranch Style House
- Wood Flooring
About This Home
As of September 2025Welcome to easy living in the heart of Cumming! Nestled in the sought-after Newbury community, this beautifully maintained 3-bedroom, 2-bathroom condominium offers a rare combination of comfort, privacy, and convenience - all just moments from the vibrant Cumming City Center. Designed with thoughtful features that support aging in place - including a stepless floorplan, grab bars, and wide doorways - this home is ideal for anyone looking for long-term livability without sacrificing style or charm. While many neighbors appreciate the quiet, peaceful atmosphere often associated with 55+ communities, Newbury is not age-restricted, offering flexibility for younger buyers, downsizers, or anyone seeking a low-maintenance lifestyle. Step inside to a warm, welcoming family room complete with a cozy fireplace - perfect for crisp fall and winter evenings. The adjacent sunroom is surrounded by windows and provides a peaceful spot to unwind while enjoying serene views of one of the community's most desirable lots - a private, flat backyard with lush grass and space to garden, relax, or entertain. The oversized primary suite features cathedral ceilings, a spacious layout and an en-suite bath with dual vanities, and a large walk-in closet with custom built-ins. Enjoy your morning coffee or evening beverage on the spacious tiled patio, where birdsong and privacy are part of everyday living. Inside, the kitchen offers abundant storage, a pantry, and solid-surface countertops. The dining room includes a built-in corner cabinet and a beautiful buffet that stays with the home. Additional highlights include: * Oversized two-car garage with epoxied floors, insulated door, and custom storage cabinets * Recently added attic insulation for improved energy efficiency * One-owner home, lovingly maintained for 21 years * All lawn and yard maintenance is included in the HOA - enjoy worry-free outdoor living! Community amenities include swim, tennis, and a clubhouse for neighborhood gatherings, social events, or relaxing with friends and neighbors. Whether you're seeking a forever home, a low-maintenance lifestyle, or a prime location just minutes from shopping, dining, and entertainment, this well-loved gem offers comfort, convenience, and community. Schedule your showing today and discover why Newbury is one of Cumming's hidden treasures!
Last Agent to Sell the Property
Crye-Leike, Realtors License #368887 Listed on: 08/05/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $604
Year Built
- Built in 2003
Lot Details
- End Unit
- 1 Common Wall
- Partially Wooded Lot
- Grass Covered Lot
HOA Fees
- $300 Monthly HOA Fees
Home Design
- Ranch Style House
- Garden Home
- Slab Foundation
- Composition Roof
- Three Sided Brick Exterior Elevation
Interior Spaces
- 1,680 Sq Ft Home
- Bookcases
- Gas Log Fireplace
- Double Pane Windows
- Window Treatments
- Family Room with Fireplace
- Living Room with Fireplace
- Breakfast Room
- Sun or Florida Room
- Home Security System
Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Double Vanity
Laundry
- Laundry in Mud Room
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Garage
- Parking Accessed On Kitchen Level
- Garage Door Opener
Outdoor Features
- Patio
- Veranda
Location
- Property is near shops
Schools
- Cumming Elementary School
- Otwell Middle School
- Forsyth Central High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Underground Utilities
- Gas Water Heater
- Phone Available
- Cable TV Available
Community Details
Overview
- $550 Initiation Fee
- Association fees include maintenance exterior, ground maintenance, pest control, reserve fund, swimming, tennis
- Newbury Subdivision
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
Additional Features
- Clubhouse
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2025
Closed on
Sep 10, 2025
Sold by
Elinor A Wenzel Revocable Trust and Wenzel Elinor A
Bought by
2003 King Family Revocable Trust
Seller's Agent
Betsy Liermann
Crye-Leike, Realtors
Buyer's Agent
Betsy Liermann
Crye-Leike, Realtors
List Price
$418,000
Sold Price
$407,000
Premium/Discount to List
-$11,000
-2.63%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,581
Avg. Annual Appreciation
3.57%
Purchase Details
Closed on
Jul 16, 2004
Sold by
Newbury Village Dev Llc
Bought by
Wenzel Elinor A Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $407,000 | None Listed On Document | |
| Deed | $213,600 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | Sold | $407,000 | -2.6% | $242 / Sq Ft |
| 08/09/2025 08/09/25 | Pending | -- | -- | -- |
| 08/05/2025 08/05/25 | For Sale | $418,000 | -- | $249 / Sq Ft |
Source: Georgia MLS
Tax History Compared to Growth
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 | $604 | $161,604 | $58,000 | $103,604 |
| 2024 | $604 | $155,148 | $58,000 | $97,148 |
| 2023 | $505 | $153,164 | $44,000 | $109,164 |
| 2022 | $605 | $106,012 | $32,000 | $74,012 |
| 2021 | $586 | $106,012 | $32,000 | $74,012 |
| 2020 | $586 | $105,420 | $32,000 | $73,420 |
| 2019 | $585 | $100,068 | $20,000 | $80,068 |
| 2018 | $590 | $95,836 | $20,000 | $75,836 |
| 2017 | $597 | $94,564 | $20,000 | $74,564 |
| 2016 | $546 | $74,524 | $20,000 | $54,524 |
| 2015 | $546 | $74,524 | $20,000 | $54,524 |
| 2014 | $435 | $63,892 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Betsy Liermann
Map
Source: Georgia MLS
MLS Number: 10576178
APN: C05-070
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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