NOT LISTED FOR SALE

Estimated Value: $155,000 - $195,000

2 Beds
2 Baths
816 Sq Ft
$427/mo HOA Fee

Last Sold November 21, 2019

Last sale price $78,500 $96 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,578/month

18 Days on Market

Highlights

  • Lake Front
  • Transportation Service
  • Senior Community
  • Fitness Center
  • Gated with Attendant
  • 631,014 Sq Ft lot

About This Home

As of November 2019

Most sought after location and rarely available. With expansive lake views from both bedrooms and a bright and sunny Lanai enclosed by impact glass where you can enjoy your spectacular Florida sunrise.Bright, sunny and airy. Furniture included (2 Chinese screen dividers do not convey) Turnkey, including dishes and utensils just bring your toothbrush! Directly across from the well maintained pool and tennis courts. Steps from laundry and mail room where there is additional storage. Central location just a few miles from the beach, restaurants, shopping, Kravis Center, Palm Beach County Convention Center, Museums including renovated, world class Norton Museum. Community also has a tremendous theater on property! Florida living at it's best!

Last Agent to Sell the Property

Adriana Dolabella

Bay View Florida Realty LLC License #3347306 Listed on: 10/03/2019

Last Buyer's Agent

James Flynn

Waterfront Realty Of The Palm Beaches License #3312283

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $259

Year Built

  • Built in 1972

Lot Details

  • 14.49

HOA Fees

  • $427 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 816 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Hung Metal Windows
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Enclosed Glass Porch
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 00424323340020280

Community Details

Overview

  • Senior Community
  • Association fees include common areas, insurance, laundry, maintenance structure, parking, recreation facilities, sewer, trash, water
  • Somerset Condos Subdivision

Amenities

  • Transportation Service
  • Public Transportation
  • Clubhouse
  • Community Library
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated with Attendant
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$259

Year Built

Built in 1972

Lot Details

0

HOA Fees

$427 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Enter through Okeechobee blvd. turn right on West. ave. then again right on South ave and make second turn on Somerset, follow to pool/ tennis courts
  • Year Built: 1972
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 816.0
  • Dining Room Type: Florida Room, Porch, Storage Room
  • Stories: 2
  • Window Features: Double Hung, Drapes, Impact Glass, Metal

Exterior Features

  • View: Lake
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Glass Enclosed, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 427.0
  • Community Features: Clubhouse, Pool, Public Transportation, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Clubhouse, Fitness Center, Laundry, Library, Pool, Tennis Court(s), Trail(s), Transportation Service
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Laundry, Maintenance Structure, Parking, Recreation Facilities, Sewer, Trash, Water

Lot Info

  • Parcel #: 00424323340020280
  • Lot Size Sq Ft: 631014.0
  • Zoning Description: RH
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 259.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Marazzo Maria
Bought by
Marazzo Maria and Marino Samantha
Current Estimated Value
$179,877

Purchase Details

Listed on
Oct 3, 2019
Closed on
Nov 20, 2019
Sold by
Lee Maedlne Lucy
Bought by
Marazzo Maria
Seller's Agent
Adriana Dolabella
Bay View Florida Realty LLC
Buyer's Agent
James Flynn
Waterfront Realty Of The Palm Beaches
List Price
$87,900
Sold Price
$78,500
Premium/Discount to List
-$9,400
-10.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.24%

Purchase Details

Closed on
Dec 21, 2017
Sold by
Yee Geraldine M
Bought by
Yee Geraldine M

Purchase Details

Closed on
Mar 22, 2007
Sold by
Mcentegart Gerald V and The Helen T Mcentegart Declara
Bought by
Yee Geraldine M
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
Marazzo Maria -- Attorney
Marazzo Maria $76,500 Attorney
Yee Geraldine M -- Attorney
Yee Geraldine M $80,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $78,500 -10.7% $96 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $87,900 -- $108 / 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 $2,141 $72,398 -- --
2023 $1,766 $65,816 $0 $0
2022 $1,385 $59,833 $0 $0
2021 $1,222 $54,394 $0 $54,394
2020 $1,437 $66,394 $0 $66,394
2019 $276 $25,457 $0 $0
2018 $259 $24,982 $0 $0
2017 $236 $24,468 $0 $0
2016 $234 $23,965 $0 $0
2015 $232 $23,798 $0 $0
2014 $233 $23,609 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10566471

BeachesMLS

APN: 00-42-43-23-34-002-0280