NOT LISTED FOR SALE

Estimated Value: $156,000 - $183,000

2 Beds
2 Baths
874 Sq Ft
$501/mo HOA Fee

Last Sold August 23, 2024

Last sale price $160,000 $183 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,577/month

28 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Elevator
  • Private Guards
  • Community Pool
  • Balcony

About This Home

As of August 2024

Welcome to your dream 55+ living at 197 Somerset J, nestled in the sought-after Century Village community of West Palm Beach! This charming condominium offers a serene retreat with its tranquil surroundings and vibrant community spirit. Enjoy resort-style amenities, including a clubhouse, pools, tennis courts, and fitness center. With meticulously landscaped grounds and 24-hour security, peace of mind is guaranteed. Your new home boasts modern comforts and convenience, with spacious interiors and scenic views. Embrace the active lifestyle you've always wanted in this thriving community.

Last Agent to Sell the Property

Cesar Linares

Casalina Realty Inc License #3054280 Listed on: 07/11/2024

Last Buyer's Agent

Aaron Rose

Re/Max Direct License #3456743

Re/Max Direct

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1972

Lot Details

  • 1

HOA Fees

  • $501 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 874 Sq Ft Home
  • 2-Story Property
  • Double Hung Metal Windows
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Lake Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Parking Space
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 00424323340101970

Community Details

Overview

  • Senior Community
  • Somerset Condos
  • Somerset Condos Subdivision

Amenities

  • Trash Chute
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Private Guards
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,653

Year Built

Built in 1972

Lot Details

0

HOA Fees

$501 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: SOMERSET CONDOS
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Refrigerator
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 874
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Double Hung Metal
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Lake
  • Exterior Features: None, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SOMERSET CONDOS
  • Parking Features: 1 Space, Guest, Limited # Of Vehicle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Guard At Site, Private Guards, Security Patrol

Condo/Co-op/Association

  • Association Fee: 501
  • Amenities: Elevator(s), Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 00424323340101970
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 23, 2024
Sold by
Cichowitz Family Trust and Cichowittz Anita
Bought by
Friedman Simon
Seller's Agent
Cesar Linares
Casalina Realty Inc
Buyer's Agent
Aaron Rose
Re/Max Direct
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Views
2
Current Estimated Value
$171,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,924
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Jul 6, 2022
Sold by
Cichowitz and Anita
Bought by
Cichowitz Family Trust

Purchase Details

Closed on
Feb 17, 2011
Sold by
Greenspan Marilyn Corman and Estate Of Gilbert A Levy
Bought by
Cichowitz Theodosio
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Friedman Simon $160,000 Casalina Title & Escrow
Cichowitz Family Trust -- George A Alvarez
Cichowitz Theodosio $30,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $160,000 -8.6% $183 / Sq Ft
07/25/2024 07/25/24 Price Changed $175,000 +16.7% $200 / Sq Ft
07/25/2024 07/25/24 For Sale $150,000 -- $172 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $2,021 $63,513 -- --
2023 $1,653 $57,739 $0 $0
2022 $1,294 $52,490 $0 $0
2021 $1,138 $52,372 $0 $52,372
2020 $1,181 $64,377 $0 $64,377
2019 $1,125 $60,260 $0 $60,260
2018 $1,003 $55,260 $0 $55,260
2017 $899 $46,260 $0 $0
2016 $820 $29,629 $0 $0
2015 $773 $26,935 $0 $0
2014 $699 $24,486 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11626953

MIAMI REALTORS® MLS

APN: 00-42-43-23-34-010-1970