NOT LISTED FOR SALE

Estimated Value: $140,221 - $188,000

2 Beds
1.5 Baths
798 Sq Ft
$313/mo HOA Fee

Last Sold February 26, 2024

Last sale price $145,000 $182 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,335/month

46 Days on Market

Highlights

  • Lake Front
  • Transportation Service
  • Senior Community
  • Indoor Pool
  • Gated with Attendant
  • Clubhouse

About This Home

As of February 2024

55+ Community with ALL the amenities! Lakefront 2nd floor 2BR with 1.5 ba with tile floors throughout in the highly desired SOMERSET Community is near to tennis, pool, and the community center. AC 2020. Sold as-is with furniture as shown. Very well maintained building with new roof 2021.

Last Agent to Sell the Property

SANDRA VERBECK

RE/MAX Select Group License #3480457 Listed on: 11/16/2023

RE/MAX Select Group

Last Buyer's Agent

Aaron Rose

RE/MAX Direct License #SL3456743

RE/MAX Direct

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $301

Year Built

  • Built in 1972

Lot Details

  • Lake Front
  • Land Lease of $161

HOA Fees

  • $313 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 798 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Single Hung Metal Windows
  • Blinds
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Indoor Pool
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424323340071430

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, pest control, roof, sewer, trash
  • Somerset Cond A Thru L Subdivision

Amenities

  • Transportation Service
  • Sauna
  • Public Transportation
  • Clubhouse
  • Billiard Room
  • Community Library
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Indoor Pool
  • Park
  • Trails

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$301

Year Built

Built in 1972

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I-95-West on FL-704/Okeechobee Blvd; Turn right onto West Dr; Turn right onto South Dr -Turn left onto Somerset Dr/Somerset A- Continue past tennis Bldg on Left
  • Year Built: 1972
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Tub Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 798.0
  • Stories: 2
  • Window Features: Blinds, Metal, Single Hung

Exterior Features

  • Exterior Features: Balcony
  • View: Lake
  • Pool Features: None, Association, Community, Indoor
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 313.0
  • Community Features: Clubhouse, Gated, Park, Pickleball, Pool, Public Transportation, Sauna, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Indoor Pool, Laundry, Library, Pickleball, Pool, Sauna, Tennis Court(s), Trail(s), Transportation Service
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pest Control, Roof, Sewer, Trash

Lot Info

  • Parcel #: 00424323340071430
  • Lot Size: Sidewalks,West of US-1
  • Zoning Description: RH

Rental Info

  • Land Lease Amount: 161.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 301.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Feb 21, 2024
Sold by
Ward Wendy
Bought by
Kohn Abraham and Kohn Sarah
Seller's Agent
SANDRA VERBECK
RE/MAX Select Group
Buyer's Agent
Aaron Rose
RE/MAX Direct
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%
Views
124
Current Estimated Value
$162,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,805
Avg. Annual Appreciation
17.87%

Purchase Details

Closed on
Jun 10, 2021
Sold by
Bureau Katherine Ward
Bought by
Bureau Katherine Ward and Ward Wendy

Purchase Details

Closed on
Apr 21, 2005
Sold by
Selmenci Alexander and Selmenci Mildred
Bought by
Bureau Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 25, 2002
Sold by
Selmenci Alexander and Selmenci Mildred
Bought by
Selmenci Alexander

Purchase Details

Closed on
Feb 28, 2002
Sold by
Contreras Ralph E
Bought by
Selmenci Alexander

Purchase Details

Closed on
Oct 15, 2001
Sold by
Contreras Anna
Bought by
Contreras Anna
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Kohn Abraham $145,000 None Listed On Document
Bureau Katherine Ward -- Accommodation
Bureau Raymond $90,000 --
Selmenci Alexander -- --
Selmenci Alexander $24,000 --
Contreras Anna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Selmenci Alexander $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $145,000 -9.3% $182 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
11/16/2023 11/16/23 For Sale $159,900 -- $200 / Sq Ft
Source: BeachesMLS

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 $1,865 $95,383 -- --
2023 $301 $23,591 $0 $0
2022 $299 $22,904 $0 $0
2021 $278 $22,237 $0 $0
2020 $273 $21,930 $0 $0
2019 $276 $21,437 $0 $0
2018 $259 $21,037 $0 $0
2017 $236 $20,604 $0 $0
2016 $234 $20,180 $0 $0
2015 $232 $20,040 $0 $0
2014 $233 $19,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10936703

BeachesMLS

APN: 00-42-43-23-34-007-1430