NOT LISTED FOR SALE

85 Somerset Ln Cartersville, GA 30121

Estimated Value: $1,240,277 - $1,700,000

0.48 Acre
$3,159,221 Price per Acre
20,909 Sq Ft Lot

Last Sold August 30, 2013

Last sale price $132,000

Est. 1,049% increase in value since last sale

Current estimated payment $9,165/month

Highlights

  • Lake Front
  • Community Lake
  • Community Pool
  • Gated Community
  • Partially Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of August 2013

SPECTACULAR LAKE VIEW HOMESITE! YOU WILL NOT FIND A BETTER VIEW THIS CLOSE TO ATLANTA! Recently released, lot 116 is the final phase of Vineyard Mountain, inside the coveted Village at Waterside community. Secure this homesite and build when the time is right for you. 1 of 3 homesites released that share the Eastern side of Vineyard mountain, ~400-500' above Lake Atllatoona. 270 degree view from lot. Lake and Gorgeous Sunset views. A must see! Only 30 minutes north of Atlanta. Conveniently located 1/4 mile off I-75.

Last Agent to Sell the Property

Adam Brush

Drake Realty of GA, Inc. License #332649 Listed on: 07/26/2013

Drake Realty of GA, Inc.

Co-Listed By

Colman Biasetti

Drake Realty of GA, Inc. License #347463

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,514

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 72x107x133x139
  • Lake Front
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Schools

  • Emerson Elementary School
  • Red Top Middle School
  • Woodland - Bartow High School

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number 85SomersetLN

Community Details

Overview

  • Village At Waterside Subdivision
  • Community Lake

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$12,514

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Restrictions Requirements: Archit Controls
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Lake Name: Allatoona
  • View: Lake, Mountain(s)

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Gated, Homeowners Assoc, Lake, Pool
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Village at Waterside

Schools

  • Elementary School: Emerson
  • Middle School: Red Top
  • High School: Woodland - Bartow

Lot Info

  • Acres: 0.4800
  • Lot: 116
  • Land/Lot: 506
  • Section G M D: 2
  • Current Zoning: r-1
  • Plat Book: 74
  • Plat Page: 74
  • Lot Features: Rolling Slope
  • Lot Dimensions: 72X107X133X139
  • Parcel Number: 85SomersetLN
  • Price Acre Dollar: 275000.00
  • Property Attached Yn: No

Multi Family

  • Waterfront Features: Lake

Tax Info

  • Close Date: 2013-08-30
  • Tax Year: 2013

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Emerson
  • High School: Woodland - Bartow
  • Middle School: Red Top

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2013
Closed on
Aug 30, 2013
Sold by
Waterside North Inc
Bought by
Jiang Wen
Seller's Agent
Adam Brush
Drake Realty of GA, Inc.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$175,000
Sold Price
$132,000
Premium/Discount to List
-$43,000
-24.57%
Current Estimated Value
$1,516,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,384,426
Avg. Annual Appreciation
22.04%
Source: Public Records

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 Buyer Sale Price Title Company
Jiang Wen $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Wen $288,000
Open Jiang Wen $656,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $132,000 -24.6% --
08/12/2013 08/12/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $175,000 -- --
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 $12,514 $447,294 $100,000 $347,294
2023 $12,514 $445,713 $100,000 $345,713
2022 $10,857 $365,933 $100,000 $265,933
2021 $9,212 $300,338 $68,000 $232,338
2020 $8,982 $300,338 $68,000 $232,338
2019 $8,864 $292,338 $60,000 $232,338
2018 $10,796 $353,320 $60,000 $293,320
2017 $10,845 $353,320 $60,000 $293,320
2016 $1,683 $53,640 $51,000 $2,640
2015 $1,590 $50,560 $50,560 $0
2014 -- $50,560 $50,560 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5177886

First Multiple Listing Service (FMLS)

APN: E014-0001-116