NOT LISTED FOR SALE

1 Somerset Ln Lake Placid, FL 33852

Estimated Value: $403,000 - $479,000

3 Beds
2 Baths
2,481 Sq Ft
$177/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $271,500 $109 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,729/month

96 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Gated Community
  • Cathedral Ceiling
  • Senior Community
  • Clubhouse
  • Powered Boats Allowed

About This Home

As of March 2021

ATTENTION ALL BUYERS 55 AND ABOVE!*** You're gonna' just love Lake Placid's Premier 55+ "gated" sanctuary, neighborhood, and community: TOMOKA HEIGHTS! This fabulous (furnished & move-in ready) home is among the finest that Tomoka Heights has to present! Offered with a HOME WARRANTY, this 3/bed 2/bath 2/car garage and spacious (31X17) screened lanai which, offering glimpses of Lake Henry, is sure to stimulate and enliven any confab with neighbors or relatives, (while at the same time providing peacefully soothing views and vistas). But we're just getting started: Meticulously maintained, this home features aesthetically pleasing landscaping designed to adorn the cathedral ceilings, split floor plan, formal living room & dining room w/a cozy family and 2nd dining room(s) just off the gorgeous gourmet kitchen. Also find newer upgraded appliances, white Corian counters & cabinets with double pantries. The large Master bedroom w/hidden pocket sliders lead to the private screened lanai. The amazing Master bath is embellished w/corner jacuzzi, enormous shower & 11x7 walk-in closet. Also discover: double pane windows, new humidistat(2019), convenient laundry room featuring a built-in ironing board. And there's more, tiled entry, (kitchen, walkways, bathrooms), w/pass through window from the kitchen to the screen enclosed lanai, sculpted Berber carpet in the living areas, "East Coast" garage door screen enclosure, and featuring a whole house fan (for those cool days and nights). Along with the convenience, and "security" of a gated community, all the joy and pleasure of a community center, (community pool, w/shuffleboard, tennis courts, game room, pickleball), exclusive access (w/dockage) to Lake Henry, simply add to the convivial ambiance and atmosphere of this wonderfully exclusive galère. This impressive enclave, Tomoka Heights, is uniquely situated with a medical facility and hospital just outside of its gates. It's also in close proximity to shopping, restaurants, and the local business district of Lake Placid. LAKE PLACID, FL., IS LOCATED ABOUT 90 MILES FROM EITHER COAST AND ABOUT 100 MILES FROM ORLANDO. LAKE PLACID OF COURSE, IS WELL RENOWN FOR BEING THE "CALADIUM CAPITAL OF THE WORLD," "THE TOWN OF MURALS," AND ONE OF "AMERICAS MOST INTERESTING TOWNS." SO BE SURE TO MAKE YOUR APPOINTMENT TODAY FOR A PRIVATE SHOWING!

Last Agent to Sell the Property

Roger Ravensborg

INACTIVE License #3306365 Listed on: 10/23/2020

Last Buyer's Agent

Mandy Elliott

Keller Williams Realty Fort Myers and the Islands License #3238341

Keller Williams Realty Fort Myers and the Islands

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,430

Year Built

  • Built in 2002

Lot Details

  • 9,682 Sq Ft Lot
  • Sprinkler System
  • Zoning described as R1

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,481 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Drapes & Rods
  • Blinds
  • Game Room
  • Screened Porch

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number C-25-36-29-130-00B0-0010

Community Details

Overview

  • Senior Community
  • Tomoka Heights Subdivision
  • Property Manager

Recreation

  • Powered Boats Allowed
  • Tennis Courts
  • Pickleball Courts
  • Shuffleboard Court
  • Community Pool
  • Water Sports

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,430

Year Built

Built in 2002

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • Subdivision Name: Tomoka Heights
  • Directions: FROM LAKE PLACID GO NORTH ON US 27 TO TOMOKA BLVD SOUTH, THRU THE SECURITY GATE TO ROSEWOOD DR N, RIGHT ON ROSEWOOD PAST THE CLUBHOUSE BEARING RIGHT TO SOMERSET LANE, RIGHT ON SOMERSET, HOME WILL BE ON THE LEFT AT THE CORNER
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Furnished, Fireplace, Cable TV, Vaulted Ceiling(s), Split Bedrooms
  • Living Area: 2481.0
  • Window Features: Insulated Windows, Blinds, Drapes

Exterior Features

  • Pool Features: None, Community
  • Waterfront Features: Deeded Access
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Rear Porch, Front Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Game Room, Pickleball, Pool, Shuffleboard, Tennis Court(s), Water Sports, Property Manager On-Site
  • Senior Community: Yes
  • Amenities: Powered Boats Allowed
  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 9682.0
  • Additional Parcels Description: ,,
  • Additional Parcels: No
  • Parcel #: C-25-36-29-130-00B0-0010
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2430.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Mar 1, 2021
Sold by
Stewart Michael David
Bought by
Dodds Metts Rebecca and Molini Robert D
Seller's Agent
Roger Ravensborg
INACTIVE
Buyer's Agent
Mandy Elliott
Keller Williams Realty Fort Myers and the Islands
List Price
$282,000
Sold Price
$271,500
Premium/Discount to List
-$10,500
-3.72%
Current Estimated Value
$440,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,540
Avg. Annual Appreciation
11.87%

Purchase Details

Closed on
Dec 1, 2011
Sold by
Lecoumpte Mary S
Bought by
Stewart Michael David

Purchase Details

Closed on
Aug 27, 2002
Sold by
Indigo Builders Of Lake Placid Inc
Bought by
Lecoumpte Mary S

Purchase Details

Closed on
May 1, 2001
Sold by
Indigo Group Ltd
Bought by
Indigo Builders Of Lake Placid Inc and Lecoumpte William Russell
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dodds Metts Rebecca $271,500 Capstone Title Llc
Stewart Michael David -- South Ridge Abstract & Title
Lecoumpte Mary S -- --
Indigo Builders Of Lake Placid Inc $25,000 South Ridge Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dodds-Molini Rebecca $15,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $271,500 -3.7% $109 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
10/23/2020 10/23/20 For Sale $282,000 -- $114 / Sq Ft
Source: Heartland Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,837 $406,122 $25,000 $381,122
2023 $5,208 $343,993 $0 $0
2022 $4,740 $312,721 $25,000 $287,721
2021 $3,805 $233,143 $15,000 $218,143
2020 $3,754 $232,751 $0 $0
2019 $2,430 $192,141 $0 $0
2018 $2,412 $188,558 $0 $0
2017 $2,295 $184,680 $0 $0
2016 $2,304 $180,881 $0 $0
2015 $2,278 $179,624 $0 $0
2014 $2,272 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 276101

Heartland Association of REALTORS®

APN: C-25-36-29-130-00B0-0010