NOT LISTED FOR SALE

5061 N Somerset Ln Alpharetta, GA 30004

Estimated Value: $520,000 - $579,134

3 Beds
2.5 Baths
1,890 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $550,000 $291 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,648/month

19 Days on Market

Highlights

  • Clubhouse
  • Vaulted Ceiling
  • Loft
  • Manning Oaks Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Solid Surface Countertops

About This Home

As of June 2023

When is enough really enough? The Seller wanted to put their high-quality house on the Market and get rewarded for it. The point is where we must say, "Enough is enough", that we were getting the optimal amount of work just to be at the top of the curve and getting the most return on our investment (in both time & money). However, it is trickier to understand that at some point you can take on too much work and returns begin to diminish. We think the count of the word "New" in this property description is the key to answering the question "When enough is really enough?". This house has been totally renovated so that the new buyer can move right in and make it their home. Front entry house offers 2 car Garage with New Garage Doors, New Polyaspartic Gravel Garage Floor coating & New white wire Shelves. The Main level features open concept layout with 16ft ceiling with New 2 story Fan and Light fixture. The new luxury vinyl plank floor verges on the New granite Fireplace. Completely New Kitchen is a heart of the main level with brand New Whirlpool Stainless Steel Appliances including 5 years protection plan on all of them. New light gray Cabinets, New gorgeous Carrara White granite Countertops surrounded by stone with glass sparkling Backsplash. You will love to entertain in this space! Master Bedroom is on the main level. The updated Master Bathroom has New dual Vanities with New granite Countertops, New oversized mirror with light and New tile Shower surround with custom frameless Door. 3/8" Optiwhite Tempered Glass incl. 10 years warranty through the manufacturer with low Iron Glass update as well. The beautiful New Stairs leading to the upper level. There are 2 Bedrooms, 1 full Bathroom, a walk-in Laundry room, and a spacious Bonus room with its own entrance locked door and a closet. The New Essence Crown Garden super soft carpet from Bridgeport Carpets is in each bedroom. Say Goodbye to Exterior & Interior painting for several years – the seller has already covered these repairs! Prime location that you will absolutely love! Walk to Windward & Hwy 9, Costco, Kroger, Walmart, Lowe's, Home Depot, Restaurants, and Schools. Immediate access to GA-400, and just minutes away from Downtown Alpharetta, and Avalon!

Last Listed By

Level Up Real Estate Team

BHHS Georgia Properties License #346330 Listed on: 05/17/2023

BHHS Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,722

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Cul-De-Sac
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Library
  • Loft
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Low Flow Plumbing Fixtures
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Outdoor Features

  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

  • Manning Oaks Elementary School
  • Hopewell Middle School
  • Alpharetta High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22

Community Details

Overview

  • $200 Initiation Fee
  • Association fees include reserve fund, swimming, tennis
  • Somerset At Henderson Village Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,722

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • District: 2
  • Section: 2
  • Year Built: 1995
  • Main Level Half Bathrooms: 1
  • Co List Office: BHHS05
  • Financing Type: Other
  • Levels: Two
  • Lot Size Acres: .12
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1890
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: None
  • Total Finished Sq Ft: 1890
  • Above Grade Finished Sq Ft: 1890
  • Interior Amenities: Vaulted Ceiling(s), High Ceilings, Soaking Tub, Pulldown Attic Stairs, Separate Shower, Tile Bath, Walk-In Closet(s), Master On Main Level, Split Bedroom Plan
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Factory Built, Gas Starter
  • Flooring: Tile, Carpet, Laminate
  • Kitchen Features: Breakfast Area, Breakfast Bar, Pantry, Solid Surface Counters, Walk-in Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 291.005

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other, Brick
  • Fencing: Fenced, Back Yard, Privacy
  • Foundation Details: Slab
  • Lot Features: Cul-De-Sac, Level
  • Patio And Porch Features: Patio
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener, Garage, Kitchen Level
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Upper Level
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 800
  • Association: Yes
  • Community Features: Clubhouse, Pool, Street Lights, Tennis Court(s), Walk To Schools, Walk To Shopping

Fee Information

  • Initiation Fee: 200
  • Association Fee Includes: Reserve Fund, Swimming, Tennis

Schools

  • Elementary School: Manning Oaks
  • High School: Alpharetta
  • High School Bus: Yes
  • Middle School: Hopewell
  • Middle School Bus: Yes
  • Elementary School: Manning Oaks
  • Middle School: Hopewell
  • High School: Alpharetta

Lot Info

  • Land Lot: 1122
  • Lot: 22
  • Deed Book: 52599
  • Deed Page: 324
  • Plat Book: 152
  • Plat Page: 99

Green Features

  • GreenWaterConservation: Low-Flow Fixtures

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3722

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jun 20, 2023
Sold by
Karimi Seifollah
Bought by
Mohammadi Mojdeh
Seller's Agent
Level Up Real Estate Team
BHHS Georgia Properties
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$550,000
Sold Price
$550,000
Total Days on Market
19
Views
260
Current Estimated Value
$559,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,534
Avg. Annual Appreciation
0.94%

Purchase Details

Closed on
Apr 26, 2013
Sold by
Sergey Demin
Bought by
Demin Sergey V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2004
Sold by
Mario John J
Bought by
Demin Sergey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 1998
Sold by
Hintz Scott
Bought by
Mario John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 1995
Sold by
Peachland Homes Inc
Bought by
Husein Riaz

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
Mohammadi Mojdeh $550,000 --
Karimi Saifollah $550,000 --
Demin Sergey V -- --
Demin Sergey $182,000 --
Mario John J $162,500 --
Husein Riaz $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demin Sergey V $120,000
Previous Owner Demin Sergey $182,000
Previous Owner Mario John J $15,000
Previous Owner Mario John J $130,000
Closed Husein Riaz $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $550,000 0.0% $291 / Sq Ft
05/17/2023 05/17/23 For Sale $550,000 -- $291 / 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
2023 $5,495 $194,680 $48,040 $146,640
2022 $3,722 $141,480 $25,120 $116,360
2021 $4,164 $126,640 $26,560 $100,080
2020 $4,005 $118,680 $24,240 $94,440
2019 $620 $107,840 $24,200 $83,640
2018 $2,790 $98,840 $20,880 $77,960
2017 $1,962 $85,720 $22,560 $63,160
2016 $1,950 $85,720 $22,560 $63,160
2015 $2,250 $85,720 $22,560 $63,160
2014 $1,614 $65,400 $16,920 $48,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10160398

Georgia MLS

APN: 22-5135-1122-044-0