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701 Somerset Way; Augusta, GA Property Details

701 Somerset Way, Augusta, GA is a Single Family that was built in 1979. This property is currently a cash purchase and is not for sale. Our records show that 701 Somerset Way has 4 bedrooms, and 2.5 bathrooms, and a total of 3,105 square feet. The lot size of 701 Somerset Way is 22,651 square feet.

Off market
701 Somerset Way Augusta, GA 30909
$273,900 Listing Price
4 Beds
2.5 Baths
3,105 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1979
  • Purchase Price: $273,900
  • Est. Equity / %: $586,000 / 100%
  • Gross Yield: 8.476%
  • APN: 024-0-202-00-0
  • Situs County: Richmond
  • Length Of Ownership: 9 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Attic: true

Measurements

  • Total: 3,105/SqFt
  • Lot: 22,651/SqFt
  • Attic: 406/SqFt
  • Gross: 3,105/SqFt
  • Garage: 594/SqFt
  • Living: 2,974/SqFt
  • Building: 3,105/SqFt
  • Ground: 1,784/SqFt
  • Garage Unfinished: 594/SqFt
  • Price Per Square Foot: $88.21

Legal Description

  • Description: RAVENEL (00000) 006-A
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Richmond County School District
  • Lat / Lon: 33.4902 / -82.059364
  • Subdivision: Ravenel
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: R3

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3130
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central
  • Parking: 2

Ownership Info

701 Somerset Way has no associated ownership info
701 Somerset Way has no associated ownership info.

Taxes

701 Somerset Way has 10 associated Taxes items

701 Somerset Way, Augusta, GA pays taxes in Richmond County, GA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $212,268. The APN we've located for 701 Somerset Way is 024-0-202-00-0.

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Taxes
  • Assessed Value:  $212,268
  • Assessed Year:  2025
  • Assessed County:  Richmond
  • APN:  024-0-202-00-0
  • Assessed Land Value:  28000
  • Market Land Value:  70000
  • Tax Amount:  1985.84
  • Tax Year:  2026
  • Market Value:  530670
  • Market Year:  2025

Tax History

701 Somerset Way has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $1,985.84 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $212,268 Land Value $28,000 Improvement Value $184,268 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $202,348 Land Value $28,000 Improvement Value $174,348 Tax Amount $2,059.48 Change Rate +0.079839% Assessed CR Tax Rate +0.010178%
Year 2023 Assessed Value $196,908 Land Value $28,000 Improvement Value $168,908 Tax Amount $1,907.21 Change Rate +0.153208% Assessed CR Tax Rate +0.009686%
Year 2022 Assessed Value $126,508 Land Value $28,000 Improvement Value $98,508 Tax Amount $1,653.83 Change Rate -0.135953% Assessed CR Tax Rate +0.013073%
Year 2021 Assessed Value $134,414 Land Value $28,000 Improvement Value $106,414 Tax Amount $1,914.05 Change Rate +0.04465% Assessed CR Tax Rate +0.01424%
Year 2020 Assessed Value $127,443 Land Value $28,000 Improvement Value $99,443 Tax Amount $1,832.24 Change Rate -0.052435% Assessed CR Tax Rate +0.014377%
Year 2019 Assessed Value $127,443 Land Value $28,000 Improvement Value $99,443 Tax Amount $1,933.63 Change Rate -0.006229% Assessed CR Tax Rate +0.015173%
Year 2018 Assessed Value $127,443 Land Value $28,000 Improvement Value $99,443 Tax Amount $1,945.75 Change Rate +0.144693% Assessed CR Tax Rate +0.015268%
Year 2017 Assessed Value $127,443 Land Value $28,000 Improvement Value $99,443 Tax Amount $1,699.8 Change Rate -0.118558% Assessed CR Tax Rate +0.013338%
Year 2016 Assessed Value $127,443 Land Value $28,000 Improvement Value $99,443 Tax Amount $1,928.43 Change Rate +0.00013% Assessed CR Tax Rate +0.015132%
Year 2015 Assessed Value $127,443 Land Value $28,000 Improvement Value $99,443 Tax Amount $1,928.18 Change Rate -0.130138% Assessed CR Tax Rate +0.01513%
Year 2014 Assessed Value $150,182 Land Value $28,000 Improvement Value $122,182 Tax Amount $2,216.65 Change Rate Assessed CR Tax Rate +0.01476%