$120,000 - $148,582
RENTED APR 15, 2025

2851 Somerset Dr Unit 116 Lauderdale Lakes, FL 33311

2 Beds
2 Baths
1,010 Sq Ft
1.94 Acres

Last Sold July 26, 2022

Last sale price $110,000 $109 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,052/month

Highlights

  • Fitness Center
  • Senior Community
  • Screened Porch
  • Gated with Attendant
  • Furnished
  • Community Pool

About This Home

As of April 2025

Experience coastal living in this beautifully remodeled 2-bed, 2-bath condo in a sought-after 55+ community just minutes from the beach! Featuring a modern kitchen with new appliances, updated bathroom vanities and an open-concept layout. This home is perfect for relaxed, low maintenance living. Enjoy the heated pool, clubhouse, tennis court, game area, bbq area, and shuffleboard. Don't miss this move-in ready gem!

Last Agent to Rent the Property

Elizabeth Abalo

CGI Realty License #3576699 Listed on: 04/04/2025

Last Renter's Agent

Samara Morgan

G & E Realty Group, Inc License #3546275

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,982

Year Built

  • Built in 1974

Lot Details

  • 1.94

Parking

  • Assigned Parking

Interior Spaces

  • 1,010 Sq Ft Home
  • Furnished
  • Screened Porch
  • Laminate Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 4/4/25
  • Assessor Parcel Number 494230ah0160

Community Details

Overview

  • Senior Community
  • Somerset No Five Condo Subdivision

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Recreational Area

Security

  • Gated with Attendant

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,982

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Tenant Pays: Water
  • Available Date: 2025-04-04

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1974
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry
  • Furnished: Furnished
  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Living Area: 1010.0

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated, Pool, Shuffleboard, Tennis Court(s), Recreation Area
  • Senior Community: Yes
  • Amenities: Fitness Center, Pool, Shuffleboard Court, Tennis Court(s)
  • Pets Allowed: No

Lot Info

  • Parcel #: 494230ah0160
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 26, 2022
Sold by
Janice Perasso
Bought by
Graham Margaret and Graham Keswal
Seller's Agent
Nicole Miller
Realty 100
Buyer's Agent
Andrew Nowacki
Shorewood Real Estate
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$146,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,822
Avg. Annual Appreciation
9.39%
Original Mortgage
$65,000
Outstanding Balance
$62,671
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$81,955

Purchase Details

Closed on
Oct 6, 2008
Sold by
Maze Lionel
Bought by
Perasso George and Perasso Janice

Purchase Details

Closed on
Mar 10, 1993
Sold by
Maze Robert
Bought by
Maze Lionel
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 Buyer Sale Price Title Company
Graham Margaret $110,000 Capital Abstract & Title
Perasso George -- Attorney
Maze Lionel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Margaret $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Rented $1,850 0.0% --
04/04/2025 04/04/25 For Rent $1,850 0.0% --
07/26/2022 07/26/22 Sold $110,000 0.0% $109 / Sq Ft
06/16/2022 06/16/22 For Sale $110,000 -- $109 / 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
2025 $2,982 $118,920 $11,890 $107,030
2024 $2,754 $118,620 $11,860 $106,760
2023 $2,754 $101,860 $10,190 $91,670
2022 $2,035 $72,530 $7,250 $65,280
2021 $2,013 $69,920 $0 $0
2020 $1,847 $63,570 $6,360 $57,210
2019 $1,718 $57,830 $5,780 $52,050
2018 $1,696 $57,570 $5,760 $51,810
2017 $1,640 $54,360 $0 $0
2016 $1,507 $49,420 $0 $0
2015 $1,423 $44,930 $0 $0
2014 $1,473 $44,990 $0 $0
2013 -- $40,990 $4,100 $36,890
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2025

    Elizabeth Abalo

    CGI Realty

    (772) 766-1154

    6 Total Sales

    Section Image

  • S

    Tenant's Agent in 2025

    Samara Morgan

    G & E Realty Group, Inc

    (786) 718-9948

    1 Total Sale

    Section Image
  • Nicole Miller

    Seller's Agent in 2022

    Nicole Miller

    Realty 100

    (954) 906-1060

    3 in this area

    196 Total Sales

    Section Image

  • A

    Buyer's Agent in 2022

    Andrew Nowacki

    Shorewood Real Estate

See All Agents

Map

Source: BeachesMLS

MLS Number: R11078369

BeachesMLS

APN: 49-42-30-AH-0160

Florida Broward County Lauderdale Lakes 33311

2851 Somerset Dr Unit 116, Lauderdale Lakes, FL

This home is located at 2851 Somerset Dr Unit 116, Lauderdale Lakes, FL 33311 since 04 April 2025 and is currently priced at $136,396. This property was built in 1974. 2851 Somerset Dr Unit 116 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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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