2861 Somerset Dr Unit 212 Lauderdale Lakes, FL 33311
2
Beds
2
Baths
865
Sq Ft
$425/mo
HOA Fee
Highlights
- Fitness Center
- Gated Community
- Screened Porch
- Senior Community
- Clubhouse
- Community Pool
About This Home
As of October 2024Embrace a compelling opportunity with this condo in Somerset 55+ Community, priced to sell and awaiting your personal touch. While it offers spaciousness and thoughtful furnishings, a bit of TLC will transform it into your ideal haven. The gated community provides security and peace of mind, while amenities such as a pool, clubhouse, and exercise room offer opportunities for relaxation and socializing. Conveniently located near restaurants, major roadways, entertainment venues, and more, this condo offers easy access to everything you need for a fulfilling lifestyle. Plus, with a low HOA fee and the option for rental after three years of ownership, it presents an enticing investment opportunity. Seller is offering a $5,000 credit towards buyer's closing costs!!
Last Agent to Sell the Property
Your Esquire Realty License #3472782 Listed on: 07/06/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,212
Year Built
- Built in 1974
HOA Fees
- $425 Monthly HOA Fees
Interior Spaces
- 865 Sq Ft Home
- Screened Porch
- Tile Flooring
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Parking
- Guest Parking
- Assigned Parking
Additional Features
- Balcony
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 494230AJ0310
Community Details
Overview
- Senior Community
- Association fees include amenities, common areas, laundry, ground maintenance, maintenance structure, parking, pool(s), recreation facilities, reserve fund, sewer, security, trash, water
- Somerset Subdivision
- 5-Story Property
Amenities
- Picnic Area
- Clubhouse
- Laundry Facilities
- Elevator
- Bike Room
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2024
Closed on
Oct 7, 2024
Sold by
Mahoney Maureen
Bought by
Williamson Norma
Seller's Agent
Alisha Moriceau
Your Esquire Realty
Buyer's Agent
Latoya Brown
Realty 100
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255
Avg. Annual Appreciation
3.00%
Original Mortgage
$82,000
Outstanding Balance
$11,904
Interest Rate
6.46%
Mortgage Type
Construction
Estimated Equity
$100,928
Purchase Details
Closed on
Mar 20, 2001
Sold by
Available Not
Bought by
Available Not
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | Southern Capital Title | |
| Quit Claim Deed | $10,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $82,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2024 10/07/24 | Sold | $110,000 | +0.9% | $127 / Sq Ft |
| 09/04/2024 09/04/24 | Pending | -- | -- | -- |
| 07/21/2024 07/21/24 | Price Changed | $109,000 | -8.4% | $126 / Sq Ft |
| 07/20/2024 07/20/24 | Price Changed | $119,000 | -4.8% | $138 / Sq Ft |
| 07/06/2024 07/06/24 | For Sale | $125,000 | -- | $145 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History Compared to Growth
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 | $2,906 | $110,560 | $11,060 | $99,500 |
| 2024 | $2,212 | $110,560 | $11,060 | $99,500 |
| 2023 | $2,212 | $72,500 | $0 | $0 |
| 2022 | $1,895 | $65,910 | $0 | $0 |
| 2021 | $1,772 | $59,920 | $0 | $0 |
| 2020 | $1,661 | $59,110 | $5,910 | $53,200 |
| 2019 | $1,519 | $49,530 | $4,950 | $44,580 |
| 2018 | $1,479 | $49,300 | $4,930 | $44,370 |
| 2017 | $1,401 | $43,670 | $0 | $0 |
| 2016 | $1,265 | $39,700 | $0 | $0 |
| 2015 | $1,379 | $42,990 | $0 | $0 |
| 2014 | $1,319 | $39,090 | $0 | $0 |
| 2013 | -- | $35,610 | $3,560 | $32,050 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2024
Alisha Moriceau
Your Esquire Realty
(888) 883-8509
1 in this area
13 Total Sales
-
L
Buyer's Agent in 2024
Latoya Brown
Realty 100
(954) 859-2100
4 in this area
21 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10449652
APN: 49-42-30-AJ-0310
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