NOT LISTED FOR SALE

Estimated Value: $754,030 - $924,000

3 Beds
2 Baths
1,832 Sq Ft
$495/mo HOA Fee

Last Sold April 30, 2012

Last sale price $417,000 $228 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,727/month

118 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Screened Porch
  • Ocean Breeze Elementary School Rated A-
  • Clubhouse
  • Balcony

About This Home

As of April 2012

Awesome Penthouse Level Direct Oceanfront Luxury Condo at the Somerset. TOTALLY Updated-Shows LIKE BRAND NEW. 9'' Tall Ceilings for that Special Top Floor Feeling. Floor To Ceiling Glass Sliders open to the wide balcony with Sweeping Direct Ocean Views. New A/C, New SS Appliances, New Paint and Carpet, New Fixtures, More! Spacious Kitchen with Corian Counters. Exclusive Condominium Complex with Oceanfront Sundeck, Pool and Spa. Under Building Parking. Excellent Location - Outstanding Property!

Last Agent to Sell the Property

Greg Ellingson

Ellingson Properties License #3066292 Listed on: 01/03/2012

Co-Listed By

Christopher Longworth

Ellingson Properties License #587550

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,451

Year Built

  • Built in 2003

Lot Details

  • West Facing Home

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,832 Sq Ft Home
  • Ceiling Fan
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Balcony

Schools

  • Ocean Breeze Elementary School
  • Hoover Middle School
  • Satellite High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 2737121B000000008800

Community Details

Overview

  • Association fees include cable TV, insurance, pest control, sewer, trash, water
  • Somerset Oceanfront Condo Subdivision
  • Maintained Community
  • 7-Story Property

Amenities

  • Clubhouse
  • Secure Lobby

Recreation

Pet Policy

  • Pet Size Limit

Security

  • Secure Elevator
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,451

Year Built

Built in 2003

Lot Details

0

HOA Fees

$495 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Reso View: Water
  • ResoSecurityFeatures: Secured Elevator, Secured Lobby
  • Reso Association Amenities: Clubhouse, Maintenance Grounds, Management - Full Time, Management - Off Site
  • Reso Association Fee Includes: Cable TV, Insurance, Pest Control, Sewer, Trash, Water
  • Co List Office Mls Id: elpr0
  • Co List Office Phone: 321-750-7050
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Somerset Oceanfront Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 2737121B000000008800
  • Location Tax and Legal Elementary School: Ocean Breeze
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 6450.58
  • Location Tax and Legal Tax Year2: 2011
  • General Property Information Living Area2: 1832.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 7
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 7
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community, In Ground
  • Roof: Other
  • Waterfront Features: Ocean Access, Ocean Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Electric
  • Utilities: Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 495.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 495.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Parcel #: 2737121B000000008800

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6450.58

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2012
Closed on
Apr 30, 2012
Sold by
Merta Randal and Merta Lea Ane
Bought by
Morgan Rickell Lynn
Seller's Agent
Greg Ellingson
Ellingson Properties
List Price
$429,900
Sold Price
$417,000
Premium/Discount to List
-$12,900
-3%
Current Estimated Value
$825,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,258
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Jan 15, 2010
Sold by
Perry Kevin
Bought by
Merta Randall and Merta Lea Anne

Purchase Details

Closed on
Mar 31, 2004
Sold by
Rose Phillip L and Rose Priscilla L
Bought by
Perry Kevin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2003
Sold by
Somerset Development Of Brevard Inc
Bought by
Rose Phillip L and Rose Priscilla L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,920
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morgan Rickell Lynn $417,000 None Available
Merta Randall $375,000 None Available
Perry Kevin E $475,000 --
Rose Phillip L $364,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perry Kevin E $332,500
Previous Owner Rose Phillip L $291,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2012 04/30/12 Sold $417,000 -3.0% $228 / Sq Ft
04/29/2012 04/29/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $429,900 -- $235 / Sq Ft
Source: Space Coast MLS (Space Coast 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
2025 $10,739 $717,110 -- --
2024 $10,276 $717,110 -- --
2023 $10,276 $717,110 $0 $717,110
2022 $9,121 $683,100 $0 $0
2021 $8,054 $483,280 $0 $483,280
2020 $7,514 $443,000 $0 $443,000
2019 $7,681 $443,000 $0 $443,000
2018 $8,061 $454,680 $0 $454,680
2017 $8,303 $455,010 $0 $455,010
2016 $7,740 $413,190 $0 $0
2015 $7,382 $381,390 $0 $0
2014 $6,837 $346,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 631039

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-12-1B-00000.0-0088.00