$301,500
$250,000
20.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2.5 Baths
0.28 Acres Lot
SOLD DATE : 08/29/2025
Key Details
Sold Price $301,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Somerset Place
MLS Listing ID 10583026
Sold Date 08/29/25
Style Brick Front,Traditional
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N Yes
Year Built 1996
Annual Tax Amount $5,559
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 12196.8
Property Sub-Type Single Family Residence
Source Georgia MLS 2
Property Description
Located in the desirable Somerset Hills community of Lawrenceville, this 4-bedroom, 2.5-bath home presents a rare investment opportunity with exceptional upside potential. Priced at just $210,000, this property is ideal for seasoned investors or cash buyers seeking their next renovation project. Situated on a quiet street, the home offers a spacious floor plan, ample natural light, and a prime location near shopping, dining, and top Gwinnett County schools. While the property requires updates, offering a substantial return on investment. Whether flipped for resale or renovated as a long-term rental, this home provides a strong foundation in one of Lawrenceville's most sought-after neighborhoods. Opportunities with this level of equity potential are increasingly rare-secure it before it's gone! **Seller lives there and needs 48hrs temporary occupancy after closing. Please Do Not walk the property without prior approval. Showings will be confined to 11am-7pm with appointment only as to not disturb occupant. Property MUST close prior to 8/29/25. There is an HOA for this community - initiation fees and monthly amount will be disclosed once confirmed with HOA. Estate Sale scheduled for 8/22 and 8/23. Property will be delivered vacant. *ALL OFFERS DUE BY 3:00pm SUNDAY 8/17/25* Yes, we have multiple offers over the listing price in hand. Please send offer with your BEST NET NUMBER.
Location
State GA
County Gwinnett
Rooms
Basement None
Interior
Interior Features Roommate Plan
Heating Other
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Hardwood, Tile
Fireplaces Number 1
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher
Laundry Upper Level
Exterior
Parking Features Garage
Garage Spaces 2.0
Fence Back Yard
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description No Dock Or Boathouse
View Y/N No
Roof Type Other
Total Parking Spaces 2
Garage Yes
Private Pool No
Building
Lot Description Private
Faces Take I-85 North to exit 251. Keep right onto GA-316 E toward Lawrenceville/Athens. Take the exit toward Sugarloaf Pkwy. Turn right onto Sugarloaf Pkwy NW. Turn right onto Five Forks Trickum Rd. Turn left onto Somerset Vale Dr SW. Turn right onto Somerset Vale Ct SW
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Cedar Hill
Middle Schools J Richards
High Schools Discovery
Others
HOA Fee Include Other
Tax ID R5076 387
Special Listing Condition Resale
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