$1,195,000
SOLD JUL 26, 2024

2016 Somerset Rd Long Beach, IN 46360

3 Beds
3 Baths
2,492 Sq Ft
0.26 Acres

Recently Sold

$480 Per Sq Ft

Highlights

  • Golf Course Community
  • Community Lake
  • 2-Story Property
  • Fishing
  • Deck
  • Wood Flooring

About This Home

As of July 2024

Experience unparalleled lake views from this elevated ranch home, beautifully situated on the serene Silvertip Road. This meticulously maintained property, located on a stunning parcel, offers a perfect blend of tranquility and convenience, away from the hustle and bustle of Lake Shore Drive.Step into a sun-filled home featuring expansive windows and doors that open to a private deck, offering breathtaking views of Lake Michigan from every room. The updated farmhouse-style kitchen and hardwood floors throughout add a touch of elegance and charm.The main living area, with its large windows, opens to a delightful backyard deck, perfect for entertaining or enjoying quiet moments. The cozy family room, complete with a fireplace, seamlessly connects to the kitchen and living room, creating a warm and inviting space.Retreat to the spacious master bedroom, which includes a luxurious bathroom and a walk-in closet, along with the convenience of an in-room washer and dryer. The expansive lower-level storage area behind the garage is ideal for storing your golf cart or other belongings.This one-of-a-kind home, with its stunning views and exceptional features, is sure to captivate. Don't miss your chance to make this exquisite Long Beach property your new home. Act quickly--this gem won't last long.

Last Agent to Sell the Property

Tim Perry

Coldwell Banker Realty License #RB18001472 Listed on: 06/09/2024

Coldwell Banker Realty

Last Buyer's Agent

Peggy Adducci

Coldwell Banker Realty License #RB18001304

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,134

Year Built

  • Built in 1952

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 60x192

Parking

  • 1 Car Garage

Home Design

  • 2-Story Property

Interior Spaces

  • Wood Burning Fireplace
  • Raised Hearth
  • Family Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch
  • Terrace
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 46-01-15-402-039.000-023

Community Details

Overview

  • No Home Owners Association
  • Long Beach Terrace Subdivision
  • Community Lake

Amenities

  • Restaurant

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,134

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Road Frontage Type: Other, See Remarks
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: NRA2006
  • Subdivision Name: Long Beach Terrace
  • Above Grade Finished Sq Ft: 1802
  • Architectural Style: Hillside Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Financial Info Electric: 100 Amp Service, Generator, Circuit Breakers
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range, Washer, Refrigerator, Microwave, Dryer, Exhaust Fan, Dishwasher
  • Interior Amenities: Beamed Ceilings, Walk-In Closet(s), Open Floorplan, High Ceilings, Bookcases, Cathedral Ceiling(s), Breakfast Bar
  • Flooring: Carpet, Hardwood, Ceramic Tile
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 690
  • Fireplace Features: Family Room, Wood Burning, Raised Hearth
  • Fireplaces: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garden, Storage, Rain Gutters, Lighting
  • Acres: 0.2645
  • Waterfront: No
  • Construction Type: Cedar
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered, Terrace, Patio, Rear Porch, Porch, Deck

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Additional Parking, Garage Faces Front, Storage, Parking Pad, Outside, Concrete, Driveway

Utilities

  • Sewer: Engineered Septic
  • Utilities: Cable Available, Water Available, Phone Available, Electricity Available, Cable Connected
  • Cooling: Ceiling Fan(s), Exhaust Fan, Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fishing, Street Lights, Tennis Court(s), Restaurant, Playground, Lake, Golf
  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 60x192
  • Lot Size Sq Ft: 11520
  • Additional Parcels: No
  • Parcel #: 46-01-15-402-039.000-023
  • Zoning Description: Residential

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2024
Closed on
Jul 26, 2024
Sold by
Barna Lawrence J and Sheridan Helen S
Bought by
Smith Albert T and Smith Dana E
Seller's Agent
Tim Perry
Coldwell Banker Realty
Buyer's Agent
Peggy Adducci
Coldwell Banker Realty
List Price
$1,195,000
Sold Price
$1,195,000
Total Days on Market
0
Views
27
Current Estimated Value
$1,043,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$151,514
Avg. Annual Appreciation
-13.43%
Original Mortgage
$550,000
Outstanding Balance
$546,494
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$496,992

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jun 26, 2020
Sold by
Stratman Judith A
Bought by
Barna Lawrence J and Sheridan Helen S
Seller's Agent
Line Mullins
Coldwell Banker Realty
List Price
$649,000
Sold Price
$649,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.18%
Original Mortgage
$508,998
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2007
Sold by
Stratman J Terry J and Stratman Judith A
Bought by
Stratman Judith A and Judith A Stratman Revocable Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,195,000 Meridian Title
Quit Claim Deed -- None Available
Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Previous Owner $511,000 New Conventional
Previous Owner $508,998 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $1,195,000 0.0% $480 / Sq Ft
06/09/2024 06/09/24 For Sale $1,195,000 +84.1% $480 / Sq Ft
06/30/2020 06/30/20 Sold $649,000 0.0% $260 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $649,000 -- $260 / Sq Ft
Source: Northwest Indiana 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 $4,373 $530,600 $128,500 $402,100
2023 $4,301 $430,100 $128,500 $301,600
2022 $4,134 $413,400 $128,500 $284,900
2021 $4,029 $402,900 $128,500 $274,400
2020 $3,283 $402,900 $128,500 $274,400
2019 $4,134 $408,600 $247,500 $161,100
2018 $5,157 $510,900 $349,800 $161,100
2017 $3,621 $357,300 $199,300 $158,000
2016 $3,704 $365,600 $199,300 $166,300
2014 $4,023 $402,300 $199,300 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 805053

Northwest Indiana Association of REALTORS®

APN: 46-01-15-402-039.000-023