$119,000
SOLD OCT 1, 2024

2830 Somerset Dr Unit 400N Lauderdale Lakes, FL 33311

1 Bed
1.5 Baths
835 Sq Ft
$410/mo HOA Fee

Recently Sold

$143 Per Sq Ft

8% Below List Price

76 Days on Market

Highlights

  • Private Guards
  • Central Heating and Cooling System
  • Fenced
  • Walk-In Closet

About This Home

As of October 2024

Discover a great investment opportunity at this fully remodeled 1-bedroom, 1-bathroom condo with a brand new A/C unit. Located in a community with no age restrictions and allowing leasing, it's currently tenant-occupied through January 31st. Conveniently close to I-95 and the Turnpike, this property is in high demand for rentals. Property sold-as is, CASH only. Listing N402 also for sale. Easy to show with 24-hour notice. For more details or to schedule a viewing, please call or text.

Last Agent to Sell the Property

Ginna Pena

Miami Bien Real Estate License #3282253 Listed on: 07/16/2024

Last Buyer's Agent

Federico Yaffe

Yaffe International Realty License #3259017

Yaffe International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 1981

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Interior Spaces

  • 835 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494230BC0550

Community Details

Overview

  • Low-Rise Condominium
  • Somerset Lakes Condo
  • Somerset Lakes Condo Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Private Guards
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,892

Year Built

Built in 1981

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: SOMERSET LAKES CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 835
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 4
  • Bedroom Features: Entry Level

Exterior Features

  • View: None
  • Exterior Features: Other
  • Fencing: Fenced
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SOMERSET LAKES CONDO
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Private Guards

Condo/Co-op/Association

  • Association Fee: 410
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 494230BC0550
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1892

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Oct 1, 2024
Sold by
Sierra Ginna V
Bought by
Cygfly Llc
Seller's Agent
Ginna Pena
Miami Bien Real Estate
Buyer's Agent
Federico Yaffe
Yaffe International Realty
List Price
$129,500
Sold Price
$119,000
Premium/Discount to List
-$10,500
-8.11%
Views
17
Current Estimated Value
$115,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,150
Avg. Annual Appreciation
-3.11%

Purchase Details

Closed on
Jun 11, 2022
Sold by
Anmat Llc
Bought by
Sierra Ginna V

Purchase Details

Listed on
Jun 4, 2021
Closed on
May 21, 2021
Sold by
Austin Ionie Hillary
Bought by
Anmat Llc
Seller's Agent
Ginna Pena
Miami Bien Real Estate
Buyer's Agent
Ginna Pena
Miami Bien Real Estate
Sold Price
$1,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%

Purchase Details

Closed on
Feb 9, 2021
Sold by
Quinland Lancelot
Bought by
Quinland Lancelot and Austin Ionie Hillary

Purchase Details

Closed on
May 23, 2007
Sold by
Coles Eric S
Bought by
Quinland Lancelot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 23, 2003
Sold by
Jones Carol and Case Susan
Bought by
Quinland Lancelot

Purchase Details

Closed on
Feb 1, 1993
Sold by
Available Not
Bought by
Available Not
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 $120,000 Bright Title Services
Quit Claim Deed -- None Listed On Document
Warranty Deed $70,000 None Listed On Document
Interfamily Deed Transfer -- Accommodation
Warranty Deed $62,500 Beacon Title Services Inc
Interfamily Deed Transfer -- --
Warranty Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 Credit Line Revolving
Previous Owner $54,000 Purchase Money Mortgage
Previous Owner $52,700 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $119,000 -8.1% $143 / Sq Ft
07/16/2024 07/16/24 For Sale $129,500 0.0% $155 / Sq Ft
06/21/2021 06/21/21 Rented $1,100 0.0% --
06/04/2021 06/04/21 For Rent $1,100 0.0% --
05/21/2021 05/21/21 Sold $70,000 +0.1% $84 / Sq Ft
04/27/2021 04/27/21 For Sale $69,900 -- $84 / 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
2025 $2,100 $85,810 $8,580 $77,230
2024 $1,892 $85,810 $8,580 $77,230
2023 $1,892 $65,590 $6,560 $59,030
2022 $1,986 $70,420 $7,040 $63,380
2021 $334 $20,170 $0 $0
2020 $334 $19,900 $0 $0
2019 $334 $19,460 $0 $0
2018 $334 $19,100 $0 $0
2017 $321 $18,710 $0 $0
2016 $293 $18,330 $0 $0
2015 $293 $18,210 $0 $0
2014 $303 $18,070 $0 $0
2013 -- $17,810 $1,780 $16,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11624965

MIAMI REALTORS® MLS

APN: 49-42-30-BC-0550