$58,500
SOLD FEB 14, 2022

2851 Somerset Dr Unit 406 Lauderdale Lakes, FL 33311

1 Bed
1 Bath
748 Sq Ft
$235/mo HOA Fee

Recently Sold

$78 Per Sq Ft

6% Below List Price

70 Days on Market

Highlights

  • Water Views
  • Gated with Attendant
  • Clubhouse
  • Fitness Center
  • Senior Community
  • Screened Porch

About This Home

As of July 2025

A tremendous value and opportunity has this large 1 bedroom 1 bath, to live in the secure and gated Somerset in Lauderdale Lakes. A 55 plus section of the Community, which also has 2 year rental restriction for new owner before rental. Needs updating, Large rooms and built ins in the closets. Plenty of potential, low condo fees,

Last Agent to Sell the Property

Robert Elliott

Hampton Real Estate Group License #3051007 Listed on: 11/05/2021

Last Buyer's Agent

Michelle Minikus

MMR Realty Associates PA License #3357326

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $387

Year Built

  • Built in 1974

Lot Details

  • Fenced
  • Sprinkler System

HOA Fees

  • $235 Monthly HOA Fees

Property Views

  • Water
  • Garden

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 748 Sq Ft Home
  • 4-Story Property
  • Partially Furnished
  • Built-In Features
  • Single Hung Metal Windows
  • Blinds
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Electric Range
  • Ice Maker
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Open Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Heat Strip
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494230ah0610

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, recreation facilities, sewer, security, trash, water
  • 560 Units
  • Somerset No 5 Condo Unit Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$387

Year Built

Built in 1974

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 WEST To OAKLAND PARK BOULEVARD to SOMERSET DRIVE, GO SOUTH TO GATE Then FIRST RIGHT through GATE to BUILDING E to #406
  • Year Built: 1974
  • Entry Level: 4
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Partially
  • Appliances: Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile, Laminate, Other
  • Living Area: 748.0
  • Stories: 4
  • Window Features: Blinds, Metal, Single Hung

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch, Fence
  • View: Garden, Other, Water
  • Fencing: Wall
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Porch, Screened
  • Property Condition: Resale, Fixer
  • Roof: Composition, Other

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Open

Utilities

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

Condo/Co-op/Association

  • Association Fee: 235.0
  • Community Features: Clubhouse, Gated, Park, Pool, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Clubhouse, Fitness Center, Laundry, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 494230ah0610
  • Lot Size: West of US-1
  • Zoning Description: Res

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 387.0

Multi Family

  • Number Of Units In Community: 560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Feb 11, 2022
Sold by
Folwarski Maciej J
Bought by
Caro Carlos Javier and Caro Lucrecia
Seller's Agent
Robert Elliott
Hampton Real Estate Group
Buyer's Agent
Michelle Minikus
MMR Realty Associates PA
List Price
$62,000
Sold Price
$58,500
Premium/Discount to List
-$3,500
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%
Original Mortgage
$43,875
Outstanding Balance
$40,973
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$23,339

Purchase Details

Closed on
Feb 26, 2013
Sold by
Kowalczyk Hanna and Folwarski Maciej J
Bought by
Folwarski Maciej J and Folwarski Mikolaj

Purchase Details

Closed on
Jan 30, 2001
Sold by
Pincus Estelle
Bought by
Folwarski Macie J and Kowalczyk Hanna

Purchase Details

Closed on
Aug 1, 1988
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 $58,500 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $14,000 --
Warranty Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $43,875 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $55,000 -8.3% $74 / Sq Ft
06/12/2025 06/12/25 For Sale $60,000 +2.6% $80 / Sq Ft
02/14/2022 02/14/22 Sold $58,500 -5.6% $78 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
11/05/2021 11/05/21 For Sale $62,000 -- $83 / 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 $1,364 $71,450 -- --
2024 $1,236 $70,510 -- --
2023 $1,236 $62,970 $6,290 $56,680
2022 $399 $32,660 $0 $0
2021 $391 $31,710 $0 $0
2020 $387 $31,280 $0 $0
2019 $467 $30,580 $0 $0
2018 $452 $30,010 $0 $0
2017 $426 $29,400 $0 $0
2016 $386 $28,800 $0 $0
2015 $383 $28,600 $0 $0
2014 $391 $28,380 $0 $0
2013 -- $30,730 $3,070 $27,660
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: BeachesMLS

MLS Number: R10756979

BeachesMLS

APN: 49-42-30-AH-0610