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5110 North Somerset Lane

5110 North Somerset Lane, Alpharetta, GA 30004
Sold Feb 16, 2018
$270,000
$243,000 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2048
Sold Jul 07, 2009
$205,000
$163,000 by Branch Bkng & Tr Co
Mortgage Due Jun 30, 2039
5110 North Somerset Lane has been categorized by the local assessors in Alpharetta, GA as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5110 North Somerset Lane has 1,896 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,970 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 420 sqft. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The exterior walls of the building are made of rock and stone. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing electric heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5110 North Somerset Lane sold most recently in Feb 16, 2018 for a total of $270,000. If you work out the math, that's approximately a cost of $142.41 per sqft. Before that, the property was also sold for $205,000 in Jun 30, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,697 in taxes each year. 5110 North Somerset Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $201,840. If we break it down further, the land itself was valued at $51,320. Improvements to the property, however, were assessed at a total of $150,520. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,896
  • Building Area: 1,896
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,896
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOMERSET/HENDERSON VILLAGE
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WAGNER JEFFREY E
  • Current Owner 2: WAGNER RUTH E
  • Previous Owner : CORRIGAN DENNIS S
  • Owner Before Previous Owner: LINDQUIST RICHARD
  • Owner Before Previous Owner 2: LINDQUIST GAY E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 011642

Zoning

  • Zoning: CUP

Geography

  • District: 10
  • Parcel: 22 513511220226
  • Lot: 22,21
  • Municipality: CITY OF ALPHARETTA
  • Latitude: 34.0897
  • Longitude: -84.2844

    Address

  • Full Address: 5110 N Somerset Ln
  • Address - House Number: 5110
  • Street Direction: N
  • Address - Street Name: Somerset
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Alpharetta
  • Carrier Code: R013
  • 4-Digit Zip Code: 7418
  • Zip Code: 30004

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,697
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 518,214
  • High Value: 626,962
  • Low Value: 409,465

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 16, 2018
  • First Open Lien Mortgage Loan Amount: $243,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2048

    Market Valuation

  • Market Total Value: $504,600
  • Market Land Value: $128,300
  • Market Improvement Value: $376,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,840
  • Assessed Land Value: $51,320
  • Assessed Improvements Value: $150,520

    Sales

  • Current Sale Contract Date: Feb 16, 2018
  • Current Sale Recording Date: Feb 16, 2018
  • Current Sale Transaction ID: 11433999893
  • Current Sale Price: $270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-006082
  • Previous Sale Recording Date: Jul 07, 2009
  • Previous Sale Contract Date: Jun 30, 2009
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 16, 2018
  • First Mortgage Loan Amount: $243,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BKNG & TR CO
  • Previous Mortgage Transaction Date: Jul 07, 2009
  • Previous Mortgage Loan Amount: $163,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 30, 2039

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Frequently Asked Questions

What neighborhood is 5110 North Somerset Lane located in?
The 5110 North Somerset Lane is a located in the neighborhood of Somerset at Henderson Village in Somerset at Henderson Village, Alpharetta.
What is the average sales price for listings in 5110 North Somerset Lane?
The average sales price for units in 5110 North Somerset Lane is $0 currently.

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