**Prime Opportunity- Ready-to-Build Lot in Albany GA** Discover the perfect canvas for your dream home on this exceptional lot located in a peaceful rectangular lot in a well-established subdivision. Nestled at 2707 Somerset Dr, Albany, this ready-to-build parcel offers the ideal blend of tranquility and convenience. Enjoy privacy in a community setting, surrounded by beautifully maintained homes, while being just minutes away from the town center and all essential amenities. Whether you're envisioning a cozy family home or a spacious retreat, this lot provides the foundation you need to bring your vision to life. With easy access to shopping, dining, schools, and parks, you'll have everything you need within reach. Don't miss out on this rare opportunity to build your future in one of Albany's most desirable neighborhoods!
Property Details
Property Features
Listing Office:
Office Name: HomeSmart
Listing Agent: Denesha Collington
Lot Features
Lot Information:
Lot Size: 0.73 Acres
Other
Directions Information:
Directions: Use GPS
Price Information
Listing Price Info
Price Summary:
List Price: $70,000
Tax Information:
Annual Amount: $520
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 Albany, GA.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/30/2024, 11:55:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$520
$12,000
2019
$521
$12,000
2018
$523
$12,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$417
Per Month
Principal & Interest
$350
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)
$0
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
$276
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Live Oak Elementary School
4529 Gillionville Rd
Distance between this listing and this school2.11 miles
Public District Grades PK-5
6
/10
Lake Park Elementary School
605 Meadowlark Dr
Distance between this listing and this school3.11 miles
Public District Grades PK-5
4
/10
Sherwood Acres Elementary School
2201 Doncaster Dr
Distance between this listing and this school3.44 miles
Public District Grades PK-5
Nearby Schools
10
/10
Robert A. Cross Middle Magnet
324 Lockett Station Rd
Distance between this listing and this school2.84 miles
Public Magnet Grades 6-8
5
/10
Merry Acres Middle School
1601 Florence Dr
Distance between this listing and this school4.46 miles
Public District Grades 6-8
4
/10
Albany Middle School
1700 Cordell Ave
Distance between this listing and this school8.83 miles
Public District Grades 6-8
Nearby Schools
5
/10
Westover Comprehensive High School
2600 Partridge Dr
Distance between this listing and this school2.83 miles
Public District Grades 9-12
2
/10
Monroe Comprehensive High School
900 Lippitt Dr
Distance between this listing and this school6.42 miles
Public District Grades 9-12
2
/10
Dougherty Comprehensive High School
1800 Pearce Ave
Distance between this listing and this school9.75 miles
The neighbors living near this home have an average income of $100,208. The majority of Albany, GA residents have income between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2707 Somerset Dr
What is the listing price of this property?
The listing price of 2707 Somerset Dr property is $70,000.
What type of property is this?
The property 2707 Somerset Dr is land located in Albany, Georgia, 31721.
Is this property for sale now?
Active Listing: 2707 Somerset Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $520 (source: MLS/based on county public records data).
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, AI voice, 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 2707 Somerset Dr in Albany, GA and zip code 31721. This home sits on a 0.73 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $70,000.
Albany, GA housing market in November 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 3 sold below. The number of homes for sale in Albany, GA decreased by 1.7% between October 2024 and November 2024. Listings spent 133 days on the market in November 2024, and had a median list price of $65,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from the Georgia MLS © 2024. 
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
NASCAR
BJs Wholesale Club
Stein Mart
Dollar General
Panera
Bob Evans
Cracker Barrel
Infiniti
Lincoln
Ram
Adult Hits
News/Talk/Information
Classic Country