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702 Somerset Way; Augusta, GA Property Details

702 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 702 Somerset Way has 4 bedrooms, and 2.5 bathrooms, and a total of 2,784 square feet. The lot size of 702 Somerset Way is 30,928 square feet.

Off market
702 Somerset Way Augusta, GA 30909
$180,000 Listing Price
4 Beds
2.5 Baths
2,784 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1979
  • Purchase Price: $180,000
  • Open Loans / Balance: 1 / $229,538
  • Est. Equity / %: $278,462 / 54.82%
  • Gross Yield: 9.555%
  • APN: 024-0-226-00-0
  • Situs County: Richmond
  • Length Of Ownership: 13 years, 8 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: Shingle (Not Wood)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,784/SqFt
  • Lot: 30,928/SqFt
  • Gross: 2,784/SqFt
  • Garage: 730/SqFt
  • Living: 2,784/SqFt
  • Building: 2,784/SqFt
  • Ground: 1,624/SqFt
  • Garage Unfinished: 730/SqFt
  • Price Per Square Foot: $64.66

Legal Description

  • Description: RAVENEL (00000) 001-B
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Richmond County School District
  • Lat / Lon: 33.489986 / -82.058655
  • Subdivision: Ravenel
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: R3

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3131
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central
  • Parking: 3

Ownership Info

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

Taxes

702 Somerset Way has 10 associated Taxes items

702 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 $184,532. The APN we've located for 702 Somerset Way is 024-0-226-00-0.

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Taxes
  • Assessed Value:  $184,532
  • Assessed Year:  2025
  • Assessed County:  Richmond
  • APN:  024-0-226-00-0
  • Assessed Land Value:  28000
  • Market Land Value:  70000
  • Tax Amount:  1404.77
  • Tax Year:  2026
  • Market Value:  461330
  • Market Year:  2025

Tax History

702 Somerset Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $1,404.77 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $184,532 Land Value $28,000 Improvement Value $156,532 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $186,364 Land Value $28,000 Improvement Value $158,364 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $164,324 Land Value $28,000 Improvement Value $136,324 Tax Amount $1,318.61 Change Rate +2.334033% Assessed CR Tax Rate +0.008024%
Year 2022 Assessed Value $97,842 Land Value $28,000 Improvement Value $69,842 Tax Amount $395.5 Change Rate Assessed CR Tax Rate +0.004042%
Year 2021 Assessed Value $96,616 Land Value $28,000 Improvement Value $68,616 Tax Amount $395.5 Change Rate -0.166087% Assessed CR Tax Rate +0.004094%
Year 2020 Assessed Value $92,976 Land Value $28,000 Improvement Value $64,976 Tax Amount $474.27 Change Rate -0.250403% Assessed CR Tax Rate +0.005101%
Year 2019 Assessed Value $92,976 Land Value $28,000 Improvement Value $64,976 Tax Amount $632.7 Change Rate -0.790216% Assessed CR Tax Rate +0.006805%
Year 2018 Assessed Value $92,976 Land Value $28,000 Improvement Value $64,976 Tax Amount $3,015.96 Change Rate Assessed CR Tax Rate +0.032438%
Year 2017 Assessed Value $92,976 Land Value $28,000 Improvement Value $64,976 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $92,976 Land Value $28,000 Improvement Value $64,976 Tax Amount $1,033.14 Change Rate -0.700798% Assessed CR Tax Rate +0.011112%
Year 2015 Assessed Value $92,976 Land Value $28,000 Improvement Value $64,976 Tax Amount $3,452.98 Change Rate Assessed CR Tax Rate +0.037138%