NOT LISTED FOR SALE

4 Somerset Ln Lake Placid, FL 33852

Estimated Value: $442,274 - $492,000

3 Beds
3 Baths
2,677 Sq Ft
$176/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $295,000 $110 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,937/month

147 Days on Market

Highlights

  • Senior Community
  • Clubhouse
  • Engineered Wood Flooring
  • Gated Community
  • Vaulted Ceiling
  • Powered Boats Allowed

About This Home

As of January 2021

BEAUTIFUL EXECUTIVE HOME LOCATED ON A QUIET STREET INSIDE THE TOMOKA HEIGHTS COMMUNITY. SPECIAL FEATURES IN THE HOME INCLUDE HIS AND HER BATHROOMS AND WALK IN CLOSETS IN THE MASTER BEDROOM, PREP KITCHEN IN THE LAUNDRY ROOM, PLANT LEDGES THROUGHOUT. 5 TON HEAT PUMP INSTALLED IN 2004. OVERSIZED GARAGE WITH A DOUBLE DOOR FOR THE CARS, AND A SINGLE DOOR FOR YOUR RECREATION TOY! ENJOY THE FLORIDA LIFESTYLE IN THIS LIGHT AND OPEN HOME LOCATED IN TOMOKA HEIGHTS, AN ACTIVE, GATED, LAKESIDE, 55 AND OVER COMMUNITY JUST NORTH OF LAKE PLACID IN HIGHLANDS COUNTY FLORIDA.

Last Agent to Sell the Property

SHELAGH BYATT

TOMOKA HEIGHTS REALTY,INC. License #300279 Listed on: 06/25/2020

Last Buyer's Agent

Eve Brock

Eve Brock's Florida Realty License #3185381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 2004

Lot Details

  • 9,064 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,677 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Game Room
  • Screened Porch

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number C-25-36-29-130-00C0-0020

Community Details

Overview

  • Senior Community
  • Tomoka Heights Subdivision

Recreation

  • Powered Boats Allowed
  • Tennis Courts
  • Shuffleboard Court
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,782

Year Built

Built in 2004

Lot Details

0

HOA Fees

$99 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Subdivision Name: Tomoka Heights
  • Directions: FROM LAKE PLACID GO NORTH ON US HIGHWAY 27 TO TOMOKA BLVD SOUTH. THROUGH THE SECURITY GATE AND RIGHT ON ROSEWOOD DR NORTH. CONTINUE ON ROSEWOOD PAST THE CLUBHOUSE, AND TURNING RIGHT, STAYING RIGHT TO SOMERSET LANE ON THE RIGHT, TURN RIGHT AT THE SECOND SOMERSET, HOUSE IS ON THE RIGHT.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Laminate, Simulated Wood, Tile
  • Interior Amenities: Ceiling Fan(s), Cable TV, Vaulted Ceiling(s)
  • Living Area: 2677.0
  • Window Features: Single Hung, Blinds

Exterior Features

  • Pool Features: None, Community
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Rear Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Security: Gated Community
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Game Room, Pool, Shuffleboard, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Powered Boats Allowed, Pickleball
  • Association Fee: 99.0
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 9064.0
  • Additional Parcels Description: ,,
  • Parcel #: C-25-36-29-130-00C0-0020
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2782.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Dec 30, 2020
Sold by
Cummins Robert W and Cummins Barbara E
Bought by
Drumm Brian and Flaming Beth A
Seller's Agent
SHELAGH BYATT
TOMOKA HEIGHTS REALTY,INC.
Buyer's Agent
Eve Brock
Eve Brock's Florida Realty
List Price
$374,900
Sold Price
$295,000
Premium/Discount to List
-$79,900
-21.31%
Current Estimated Value
$471,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,319
Avg. Annual Appreciation
11.05%

Purchase Details

Closed on
Sep 28, 2016
Sold by
Cummins Robert W and Cummins Barbara E
Bought by
Vander Meer Jenny M and Cummnis Beth E

Purchase Details

Closed on
Sep 30, 2013
Sold by
Colley James A
Bought by
Cummins Robert W and Cummins Barbara E

Purchase Details

Closed on
Dec 4, 2006
Sold by
Schnepf Edward K
Bought by
Schnepf Edward K

Purchase Details

Closed on
Dec 15, 2003
Sold by
Indigo Group Ltd
Bought by
Schnepf Edward K and Schnepf Helen H
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
Drumm Brian $295,000 Lp Title Company
Vander Meer Jenny M -- None Available
Cummins Robert W $197,400 Sgt
Schnepf Edward K -- Attorney
Schnepf Edward K $25,000 South Ridge Abstract & Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $295,000 -21.3% $110 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $374,900 -- $140 / Sq Ft
Source: Heartland Association of REALTORS®

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 $3,294 $268,474 -- --
2023 $3,294 $260,654 $0 $0
2022 $3,310 $253,062 $0 $0
2021 $3,349 $245,691 $15,000 $230,691
2020 $2,842 $211,326 $0 $0
2019 $2,782 $206,575 $0 $0
2018 $2,762 $202,723 $0 $0
2017 $2,645 $198,553 $0 $0
2016 $2,655 $194,469 $0 $0
2015 $2,631 $193,117 $0 $0
2014 $2,625 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    SHELAGH BYATT

    TOMOKA HEIGHTS REALTY,INC.

    (863) 464-3357

    29 Total Sales

    SHELAGH BYATT
    Section Image
  • Eve Brock

    Buyer's Agent in 2021

    Eve Brock

    Eve Brock's Florida Realty

    (863) 991-2156

    278 Total Sales

    Eve Brock
    Section Image
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Map

Source: Heartland Association of REALTORS®

MLS Number: 273482

Heartland Association of REALTORS®

APN: C-25-36-29-130-00C0-0020

Florida Highlands County Lake Placid 33852

4 Somerset Ln, Lake Placid, FL

This home is located at 4 Somerset Ln, Lake Placid, FL 33852 since 25 June 2020 and is currently estimated at $471,319, approximately $176 per square foot. This property was built in 2004. 4 Somerset Ln is a home located in Highlands County with nearby schools including Lake Placid Elementary School, Lake Placid High School, and Lake Placid Middle 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.

Heartland Association of REALTORS® 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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