$115,000
SOLD JUL 11, 2025

2831 Somerset Dr Unit 416 Lauderdale Lakes, FL 33311

2 Beds
2 Baths
1,010 Sq Ft
$450/mo HOA Fee

Recently Sold

$114 Per Sq Ft

28% Below List Price

282 Days on Market

Highlights

  • Senior Community
  • Clubhouse
  • Breakfast Area or Nook
  • Gated Community
  • Community Pool
  • Bike Room

About This Home

As of July 2025

*** WELCOME TO THE TREASURE OF FLORIDA LIVING!! ** THIS BEAUTIFUL 2 BEDROOM 2 BATH CONDO IS LOCATED IN THE GATED COMMUNITY OF SOMERSET! THIS CONDO FEATURES TILE FLOORING THROUGHOUT, AND HAS SPACIOUS BEDROOMS WITH LARGE WALK IN CLOSETS. THE CONDO HAS HURRICANE IMPACT WINDOWS. PERFECT FOR MATURE INDIVIDUALS AND SNOWBIRDS. LOW HOA WITH ENDLESS AMENITIES. LOCATED CLOSE TO SHOPS, HIGHWAYS, RESTAURANTS AND MORE. YOUR NEW HOME AWAITS YOU! SCHEDULE YOUR SHOWING TODAY!

Last Agent to Sell the Property

Latoya Brown

Realty 100 License #3476435 Listed on: 09/07/2024

Realty 100

Last Buyer's Agent

Rayval Gordon

VantaSure Realty LLC License #3316464

VantaSure Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1974

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,010 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Open Floorplan
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 4 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Courtyard
  • Enclosed Glass Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494230AC0700

Community Details

Overview

  • Senior Community
  • Association fees include maintenance structure, pool(s), roof, security, water
  • Somerset Condominiums Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Laundry Facilities
  • Bike Room
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Security Guard
  • Gated Community
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,056

Year Built

Built in 1974

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Going West on Oakland Park West of I-95 make a left on Somerset Dr. to Guard Gate. Once you enter the Guard Gate make an immediate right into the next gate entrance.
  • Year Built: 1974
  • Carport Y N: No
  • Entry Level: 4
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Elevator, Family/Dining Room, Living/Dining Room, Other, Walk-In Closet(s)
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Appliances: Electric Range, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1010.0
  • Dining Room Type: Porch
  • Stories: 4
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Exterior Features: Barbecue, Courtyard, Tennis Court(s)
  • View: Other
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Glass Enclosed, Porch
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: One Space

Utilities

  • Laundry Features: Common Area
  • Security: Complex Fenced, Security Guard
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Community Features: Gated
  • Senior Community: Yes
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Laundry, Pool, Tennis Court(s), Elevator(s)
  • Association #2 Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Maintenance Structure, Pool(s), Roof, Security, Water

Lot Info

  • Parcel #: 494230AC0700

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1056.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2024
Closed on
Jul 11, 2025
Sold by
Gates George William
Bought by
Verona Malcolm and Garfield Beeson Garfield
Seller's Agent
Latoya Brown
Realty 100
Buyer's Agent
Rayval Gordon
VantaSure Realty LLC
List Price
$160,000
Sold Price
$115,000
Premium/Discount to List
-$45,000
-28.12%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.11%
Original Mortgage
$50,000
Outstanding Balance
$46,673
Interest Rate
0.3%
Mortgage Type
New Conventional
Estimated Equity
$72,977

Purchase Details

Listed on
Aug 21, 2021
Closed on
Nov 9, 2021
Sold by
Crosdale Ruby C and Crodsale Byron
Bought by
Gates George William
Seller's Agent
Bernard Campbell
United Realty Group Inc.
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$63,750
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2003
Sold by
Crosdale Ruby C
Bought by
Crosdale Byron and Crosdale Ruby C

Purchase Details

Closed on
Sep 25, 2003
Sold by
Britchky Malcolm
Bought by
Crosdale Ruby

Purchase Details

Closed on
Feb 1, 1992
Sold by
Available Not
Bought by
Available Not
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 Type Sale Price Title Company
Warranty Deed $115,000 Landmark Title Services
Warranty Deed $90,000 Capital Abstract & Title
Interfamily Deed Transfer -- Surealty Title Inc
Warranty Deed -- Surealty Title Inc
Warranty Deed $40,000 Surealty Title Inc
Quit Claim Deed $8,571 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 New Conventional
Closed $70,000 New Conventional
Closed $50,000 New Conventional
Previous Owner $63,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $115,000 -23.3% $114 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
10/30/2024 10/30/24 Price Changed $150,000 -6.3% $149 / Sq Ft
09/07/2024 09/07/24 For Sale $160,000 +77.8% $158 / Sq Ft
11/10/2021 11/10/21 Sold $90,000 -10.0% $89 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $100,000 -- $99 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $1,054 $73,510 -- --
2024 $1,056 $71,440 -- --
2023 $1,056 $69,360 $0 $0
2022 $1,027 $67,340 $0 $0
2021 $504 $45,030 $0 $0
2020 $498 $44,410 $0 $0
2019 $492 $43,420 $0 $0
2018 $480 $42,620 $0 $0
2017 $465 $41,750 $0 $0
2016 $437 $40,900 $0 $0
2015 $442 $40,620 $0 $0
2014 $455 $40,300 $0 $0
2013 -- $39,710 $3,970 $35,740
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Latoya Brown

    Realty 100

    (954) 859-2100

    4 in this area

    21 Total Sales

    Latoya Brown
    Section Image

  • R

    Buyer's Agent in 2025

    Rayval Gordon

    VantaSure Realty LLC

    (954) 203-1241

    1 in this area

    5 Total Sales

    Rayval Gordon
    Section Image
  • Bernard Campbell

    Seller's Agent in 2021

    Bernard Campbell

    United Realty Group Inc.

    (954) 480-7070

    8 in this area

    43 Total Sales

    Bernard Campbell
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10459382

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-30-AC-0700

Florida Broward County Lauderdale Lakes 33311

2831 Somerset Dr Unit 416, Lauderdale Lakes, FL

This home is located at 2831 Somerset Dr Unit 416, Lauderdale Lakes, FL 33311 and is currently priced at $115,000, approximately $113 per square foot. This property was built in 1974. 2831 Somerset Dr Unit 416 is a home located in Broward County with nearby schools including Rock Island Elementary School, William Dandy Middle School, and Boyd H. Anderson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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