Welcome to an Exclusive Gated Community, a hidden gem located near Red Top Mountain GA State Park & Lake Allatoona, just 30 minutes north of Atlanta. This is a limited opportunity to own a remarkable homesite in close proximity to a plethora of exciting activities! Immerse yourself in nature with hiking trails, bike paths, and a nearby boat marina where you can easily rent boats, pontoon boats, and jet skis. Within a short 7-minute drive, indulge in a variety of recreational pursuits such as dining at local restaurants, enjoying wakeboarding at Terminus Wake Park, experiencing the Aqua Park's giant inflatable water playground, and exploring the thrills of LakePointe Station with climbing activities, laser tag, miniature golf, and an array of arcade games. Build your dream home here and seize this opportunity before it's too late! The neighborhood offers an array of amenities, including a pool, pavilion, 24-hour surveillance, private/gated streets, and a homeowner's association (HOA) with an affordable annual fee of only $650. Conveniently located just minutes off of I-75, this community is close to Emerson, Downtown Cartersville, and Downtown Acworth. Surround yourself with nature's beauty – from towering trees and wildlife like deer to the tranquility of the lake and nearby mountains. Notably, there's no rush to build once you've purchased the lot, providing flexibility and peace of mind. Don't miss the chance to create your ideal home in this extraordinary community. Reach out for more information, and let's make your dream home a reality!
Property Details
Property Features
Listing Office:
Office Name: Atlanta Communities
Listing Agent: Lawrence Jackson
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: Trees/Woods, Other
Lot Features
Lot Information:
Lot: Other
Lot Size: 1.04 Acres
School Info
Assigned Schools Information:
Woodland High School, Public District Grades 9-12
South Central Middle School, Public District Grades 6-8
Emerson Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Take I-75 North to exit #285 Red Top Mountain Rd. Make a Right off the exit and continue until your first Left (Somerset Ln) you will see entrance to gated community.
Price Information
Listing Price Info
Price Summary:
List Price: $85,000
HOA Fees:
Amount: $650
Frequency: Annually
Tax Information:
Annual Amount: $1,068
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cartersville, GA.
This property is $240.4K less than the Median Sold Price in Cartersville, GA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: First Multiple Listing Service
MLS Number: #7319245
Listing Office:
Office Name: Atlanta Communities
Listing Agent: Lawrence Jackson
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$546
Per Month
Principal & Interest
$425
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$54
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$321
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Emerson Elementary School
54 7th St
Distance between this listing and this school2.57 miles
Public District Grades PK-5
Middle School
3
/10
South Central Middle School
224 Old Alabama Rd SE
Distance between this listing and this school2.99 miles
Public District Grades 6-8
High School
6
/10
Woodland High School
800 Old Alabama Rd SE
Distance between this listing and this school6.30 miles
Public District Grades 9-12
Assigned Schools
4
/10
Emerson Elementary School
54 7th St
Distance between this listing and this school2.57 miles
Public District Grades PK-5
Nearby Schools
6
/10
Cloverleaf Elementary School
291 Hwy 20 Spur
Distance between this listing and this school3.43 miles
Public District Grades PK-5
4
/10
Allatoona Elementary School
4150 New Hope Church Rd SE
Distance between this listing and this school4.39 miles
Public District Grades PK-5
Assigned Schools
3
/10
South Central Middle School
224 Old Alabama Rd SE
Distance between this listing and this school2.99 miles
Public District Grades 6-8
Nearby Schools
6
/10
Cartersville Middle School
825 Douthit Ferry Rd
Distance between this listing and this school5.42 miles
Public District Grades 6-8
8
/10
McClure Middle School
315 Bob Grogan Dr
Distance between this listing and this school7.38 miles
Public District Grades 6-8
Assigned Schools
6
/10
Woodland High School
800 Old Alabama Rd SE
Distance between this listing and this school6.30 miles
Public District Grades 9-12
Nearby Schools
7
/10
Cartersville High School
320 E Church St
Distance between this listing and this school3.51 miles
Public District Grades 9-12
6
/10
North Paulding High School
300 N Paulding Dr
Distance between this listing and this school7.05 miles
The neighbors living near this home have an average income of $49,912. The most common annual income of people living in Cartersville, GA is between $35k-100k. The majority of families are married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 55 Somerset Ln
What is the listing price of this property?
The listing price of 55 Somerset Ln property is $85,000.
What type of property is this?
The property 55 Somerset Ln is land located in Cartersville, Georgia, 30121.
Is this property for sale now?
Active Listing: 55 Somerset Ln is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 55 Somerset Ln are: Emerson Elementary School: GreatSchools Rating 4/10South Central Middle School: GreatSchools Rating 3/10Woodland High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,068 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 18, 2021 for $86,250. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 55 Somerset Ln in Cartersville, GA and zip code 30121. This home sits on a 1.04 acre lot. It has been listed on Rocket Homes since January 03, 2024 and is currently priced at $85,000.
In April 2024 more than 15 listings in Cartersville, GA were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 37 were sold below. The number of homes for sale in Cartersville, GA increased by 0.6% between March 2024 and April 2024. In April 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $325,400.
From Rocket Homes Real Estate and based on county public records data.