NOT LISTED FOR SALE

2859 Somerset Rd Lake Worth, FL 33462

Estimated Value: $586,020 - $711,000

4 Beds
2 Baths
1,770 Sq Ft
$362/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $303,000 $171 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,712/month

19 Days on Market

Highlights

  • 32,400 Sq Ft lot
  • Separate Shower in Primary Bathroom
  • 2 Car Garage
  • Wood Flooring
  • Central Heating and Cooling System
  • Family Room

About This Home

As of April 2017

WOW! WOW! WOW! Beautiful 4 bedroom 2 bath home on 3/4 of an acre!! This lot is huge!! Wood floors throughout! Granite counters! Brand new stainless steel applianes! 2 Brand new a/c's! Redone bathrooms! This gem is the one you have been waiting for and will not last!!

Last Agent to Sell the Property

Avi Stern

Tangent Realty Corp License #3244448 Listed on: 03/09/2017

Last Buyer's Agent

Patricia Linehan

Florida's Best Realty Services License #3150581

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1977

Lot Details

  • 0.74 Acre Lot
  • Property is zoned RS

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,770 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Floral Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434505010160251

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,901

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: congress to Somerset
  • Year Built: 1977
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Separate Shower
  • Furnished: Unfurnished
  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Wood
  • Living Area: 1770.0
  • Dining Room Type: Family Room
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Brick Veneer, Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00434505010160251
  • Lot Size Sq Ft: 32400.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1901.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
Apr 27, 2017
Sold by
Rainbow 18 Llc
Bought by
Gonzalez Eric
Seller's Agent
Avi Stern
Tangent Realty Corp
Buyer's Agent
Patricia Linehan
Florida's Best Realty Services
List Price
$299,900
Sold Price
$303,000
Premium/Discount to List
$3,100
1.03%
Current Estimated Value
$641,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,505
Avg. Annual Appreciation
9.14%
Original Mortgage
$242,400
Outstanding Balance
$202,300
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$439,205

Purchase Details

Closed on
Dec 16, 2016
Sold by
Smith James R and Smith Leigh Ann
Bought by
Rainbow 18 Llc

Purchase Details

Closed on
Nov 27, 2006
Sold by
Nino Fidel A and Nino Giovana N
Bought by
Smith James R and Smith Leigh Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.33%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 15, 2005
Sold by
Ringdahl James D and Ringdahl Sandra D
Bought by
Graves Gary B and Ohman Ronald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gonzalez Eric $303,000 None Available
Rainbow 18 Llc $190,600 None Available
Smith James R $310,000 Flagler Title Company
Graves Gary B $149,900 Fidelity Natl Title Ins Co
Nino Fidel A $300,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Eric $242,400
Previous Owner Smith James R $210,000
Previous Owner Nino Fidel A $240,000
Previous Owner Graves Gary B $134,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $303,000 +1.0% $171 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $299,900 -- $169 / 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 $4,008 $248,793 -- --
2023 $3,898 $241,547 $0 $0
2022 $3,858 $234,512 $0 $0
2021 $3,801 $227,682 $0 $0
2020 $3,761 $224,538 $0 $0
2019 $3,719 $219,490 $0 $0
2018 $4,574 $240,708 $94,331 $146,377
2017 $3,900 $199,873 $75,688 $124,185
2016 $1,901 $124,230 $0 $0
2015 $1,939 $123,366 $0 $0
2014 $1,913 $120,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Avi Stern

    Tangent Realty Corp

    (561) 347-5151

    28 Total Sales

    Avi Stern
    Section Image

  • P

    Buyer's Agent in 2017

    Patricia Linehan

    Florida's Best Realty Services

    (954) 547-6190

    3 Total Sales

    Patricia Linehan
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10315234

BeachesMLS

APN: 00-43-45-05-01-016-0251

Florida Palm Beach County Lake Worth 33462

2859 Somerset Rd, Lake Worth, FL

Not Listed for Sale

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