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.
Closed
$301,500
1550 Somerset Vale Ct, Lawrenceville, GA 30044
4beds
2,430sqft
Single Family Residence, Residential
Built in 1996
0.28 Acres Lot
$295,300 Zestimate®
$124/sqft
$2,485 Estimated rent
Home value
$295,300
$272,000 - $322,000
$2,485/mo
Zestimate® history
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$1,892/mo
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Zillow last checked:
Listing updated:
Listed by:
Juli St George,
Keller Williams Realty Intown ATL 404-541-3500
Bought with:
PHONG HUYNH, 325985
ATL Realty Star, LLC
Source: FMLS GA,MLS#: 7630858
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bonus Room
Primary bedroom
- Features: Roommate Floor Plan
- Level: Roommate Floor Plan
Bedroom
- Features: Roommate Floor Plan
Primary bathroom
- Features: Other
Dining room
- Features: Separate Dining Room
Kitchen
- Features: Cabinets White
Heating
- Other
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Gas Oven
- Laundry: Laundry Room, Upper Level
Features
- Entrance Foyer
- Flooring: Carpet, Ceramic Tile, Hardwood
- Windows: None
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,430
- Total interior livable area: 2,430 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Level Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Private Yard, No Dock
- Pool features: None
- Spa features: None
- Fencing: Back Yard
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.28 Acres
- Features: Back Yard, Cleared
Details
- Additional structures: None
- Parcel number: R5076 387
- Special conditions: Probate Listing
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Brick Front, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1996
Utilities & green energy
- Electric: 110 Volts, 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: Somerset Place
HOA
- Has HOA: Yes
Location
- Region: Lawrenceville
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $380,000
- Annual tax amount: $5,559
- Date on market: 8/12/2025
- Cumulative days on market: 5 days
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $301,500+20.6%$124/sqft |
Source:  FMLS GA #7630858 Report a problem | ||
| 8/18/2025 | Pending sale | $250,000$103/sqft |
Source:  GAMLS #10583026 Report a problem | ||
| 8/14/2025 | Price change | $250,000+19%$103/sqft |
Source: GAMLS #10583026 Report a problem | ||
| 8/12/2025 | Listed for sale | $210,000+154.2%$86/sqft |
Source: FMLS GA #7630858 Report a problem | ||
| 5/2/2018 | Listing removed | $82,611-51.8%$34/sqft |
Source: Auction.com Report a problem | ||
| 4/14/2018 | Listed for sale | $171,261+118.8%$70/sqft |
Source: Auction.com Report a problem | ||
| 8/2/2017 | Listing removed | $78,259-46%$32/sqft |
Source: Auction.com Report a problem | ||
| 7/18/2017 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 3/25/1998 | Sold | $144,900$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,719 +2.9% | $152,000 +4.2% |
| 2024 | $5,559 -5.7% | $145,880 -6.2% |
| 2023 | $5,895 +15.1% | $155,440 +15.5% |
| 2022 | $5,121 +395.9% | $134,560 +32.5% |
| 2021 | $1,033 +0.2% | $101,520 +6.2% |
| 2020 | $1,030 +8% | $95,560 |
| 2019 | $954 | $95,560 +5.7% |
| 2018 | $954 -2.2% | $90,400 +30.7% |
| 2016 | $975 -1.8% | $69,160 +10.1% |
| 2015 | $993 | $62,840 |
| 2014 | $993 -0.6% | $62,840 +0.6% |
| 2013 | $999 | $62,440 |
| 2012 | -- | $62,440 |
| 2011 | -- | $62,440 -8.2% |
| 2010 | -- | $68,040 |
| 2009 | -- | $68,040 |
| 2007 | -- | $68,040 |
| 2006 | -- | $68,040 |
| 2005 | -- | $68,040 |
| 2004 | $290 -66.6% | $68,040 |
| 2003 | $868 -44.7% | $68,040 +12.6% |
| 2002 | $1,571 -4.3% | $60,400 |
| 2001 | $1,642 | $60,400 |
Find assessor info on the county website
Neighborhood: 30044
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Nearby schools
GreatSchools rating
- 6/10Cedar Hill Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Richards Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Discovery High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Cedar Hill
- Middle: J.E. Richards
- High: Discovery
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$295,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$295,300
- Georgia
- Gwinnett County
- Lawrenceville
- 30044
- 1550 Somerset Vale Ct
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