NOT LISTED FOR SALE

3418 Somerset Park Dr Orlando, FL 32824

Estimated Value: $656,000 - $697,000

5 Beds
4 Baths
3,570 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $459,000 $129 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,509/month

130 Days on Market

Highlights

  • Tile Flooring
  • 2 Car Garage
  • Southwest Facing Home
  • Central Air
  • Heating Available

About This Home

As of November 2020

Beautiful 5 bedroom 4 bathroom fenced house located in Sumerset Park will be your perfect home!

Last Agent to Sell the Property

Jesus Marrero

SUPER RENT ORLANDO LLC License #3257127 Listed on: 04/04/2020

Last Buyer's Agent

Lisbeth Diaz De Rico

COLDWELL BANKER REALTY License #3353274

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,996

Year Built

  • Built in 2016

Lot Details

  • 0.26 Acre Lot
  • Southwest Facing Home
  • Land Lease expires 8/31/20
  • Property is zoned P-D

HOA Fees

  • $114 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Shingle Roof
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 3,570 Sq Ft Home
  • 2-Story Property
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • Somerset Park Homeowner Association, Phone Number (407) 313-8566
  • Somerset Park Ph 1 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,996

Year Built

Built in 2016

Lot Details

0

HOA Fees

$114 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 3570
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 2016
  • Lot Size Sq Ft: 11496
  • Directions to Property: Head east on 4th St toward Avenue E 1.5 mi Turn right onto State Hwy 527A/Boggy Creek Rd Continue to follow Boggy Creek Rd Pass by 7-Eleven (on the right in 1.4 mi) 4.8 mi Turn right onto J Lawson Blvd 1.2 mi Use the left 2 lanes to turn left onto Wyndham Lakes Blvd 0.4 mi Turn right at the 1st cross street onto Lake Nona Blvd 0.2 mi Turn left onto Somerset Park Dr Destination will be on the right
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5855710?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5855710?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.02
  • Price per Sq Ft: 128.57
  • Close to Original List Price Ratio: 1.02
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Other
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 5
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 3418
  • Room Count: 4
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Water Available
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: None
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 114
  • Association Fee Frequency: Monthly
  • Association Name: SOMERSET PARK HOMEOWNER ASSOCIATION
  • Phone: 4073138566
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1368
  • Monthly HOA Fee: 114
  • Total Monthly Fees: 114

Lot Info

  • Zoning: P-D
  • Parcel Number: 29-24-30-7630-00-420
  • Additional Parcels: No
  • Flood Zone Code: A
  • Land Lease Expiration Date: 2020-08-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 8-12 Months
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 2800

Tax Info

  • Tax Annual Amount: 5995.94
  • Tax Block: 24
  • Tax Book Number: 29
  • Tax Lot: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2020
Closed on
Sep 15, 2020
Sold by
Cifre Melissa C and Cifre Michael
Bought by
Maggiolo Javier Said Perozo and Fuentes Jessica Delos
Seller's Agent
Jesus Marrero
SUPER RENT ORLANDO LLC
Buyer's Agent
Lisbeth Diaz De Rico
COLDWELL BANKER REALTY
List Price
$450,000
Sold Price
$459,000
Premium/Discount to List
$9,000
2%
Current Estimated Value
$681,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,077
Avg. Annual Appreciation
9.20%
Original Mortgage
$413,100
Outstanding Balance
$370,108
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$333,263

Purchase Details

Closed on
Mar 11, 2016
Sold by
M I Homes Of Orlando Llc
Bought by
Cifre Melissa C and Cifre Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,442
Interest Rate
3.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Maggiolo Javier Said Perozo $459,000 A Z Team Title Llc
Cifre Melissa C $395,000 M I Title Agency Ltd Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maggiolo Javier Said Perozo $413,100
Previous Owner Cifre Melissa C $355,442
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $459,000 +2.0% $129 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $450,000 -- $126 / Sq Ft
Source: Stellar MLS

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 $9,209 $571,121 -- --
2024 $8,180 $571,121 -- --
2023 $8,180 $560,725 $105,000 $455,725
2022 $7,148 $462,557 $80,000 $382,557
2021 $6,433 $390,084 $55,000 $335,084
2020 $5,724 $357,722 $50,000 $307,722
2019 $5,996 $354,915 $55,000 $299,915
2018 $5,935 $346,820 $55,000 $291,820
2017 $5,915 $342,322 $30,000 $312,322
2016 $710 $30,000 $30,000 $0
2015 $523 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5855710

Stellar MLS

APN: 29-2430-7630-00-420