
55 Somerset Ln Palm Beach Gardens, FL 33418
Ballenisles NeighborhoodHighlights
- Gated with Attendant
- In Ground Spa
- Clubhouse
- Timber Trace Elementary School Rated A
- Private Membership Available
- Vaulted Ceiling
About This Home
As of April 2025Welcome to 55 Somerset, an Elegant Courtyard Custom Estate in Prestigious Ballenisles Country Club overlooking breathtaking golf and pool views.Nestled on a private corner lot in a cul-de-sac, this spacious home offers a unique blend of comfort, privacy and functionality. The over 3400 sq ft single story main residence features 3 bedrooms and 4 full baths, complemented by an attached 2-story casita (under air space size TBD) with 2 additional bedrooms, 2 full baths, a wet bar, balcony overlooking perfect picturesque views and a private entrance to the second level via exterior stairs.The extremely bright and light-filled interior boasts 12x12 tile flooring, carpeted bedrooms, electric window treatments and a phenomenal floor plan in your entertaining area.
Last Agent to Sell the Property
Leibowitz Realty Group, LLC./PBG License #3002957 Listed on: 03/22/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,468
Year Built
- Built in 1995
HOA Fees
- $649 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Driveway
Property Views
- Garden
- Pool
Home Design
- Studio
- Barrel Roof Shape
- Spanish Tile Roof
- Tile Roof
Interior Spaces
- 3,457 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Built-In Features
- Bar
- Vaulted Ceiling
- Entrance Foyer
- Great Room
- Family Room
- Den
- Sun or Florida Room
- Home Security System
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Gas Range
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- In-Law or Guest Suite
- 6 Full Bathrooms
- Bidet
- Dual Sinks
- Roman Tub
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Pool
- In Ground Spa
- Private Pool
Outdoor Features
- Open Patio
- Porch
Schools
- Timber Trace Elementary School
- Watson B. Duncan Middle School
- Palm Beach Gardens High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 52424211200000490
Community Details
Overview
- Private Membership Available
- Ballenisles Subdivision
Amenities
- Clubhouse
- Billiard Room
- Business Center
Recreation
- Tennis Courts
- Pickleball Courts
- Community Pool
Security
- Gated with Attendant
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Palm Beach Gardens, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $2,000,000 | Trident Title | |
Warranty Deed | -- | Trident Title | |
Interfamily Deed Transfer | -- | Fidelity Natl Title Fl Inc | |
Deed | -- | -- | |
Deed | $160,900 | -- | |
Deed | $141,900 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $403,000 | Unknown | |
Previous Owner | $50,000 | Credit Line Revolving | |
Previous Owner | $400,000 | Fannie Mae Freddie Mac | |
Previous Owner | $125,000 | Credit Line Revolving | |
Previous Owner | $250,000 | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/11/2025 04/11/25 | Sold | $2,000,000 | -12.9% | $579 / Sq Ft |
03/22/2025 03/22/25 | For Sale | $2,295,000 | -- | $664 / Sq Ft |
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 |
---|---|---|---|---|
2024 | $10,468 | $574,613 | -- | -- |
2023 | $10,094 | $557,877 | $0 | $0 |
2022 | $9,945 | $541,628 | $0 | $0 |
2021 | $10,105 | $525,852 | $0 | $0 |
2020 | $10,076 | $518,592 | $160,000 | $358,592 |
2019 | $11,536 | $585,391 | $200,000 | $385,391 |
2018 | $11,387 | $589,347 | $0 | $0 |
2017 | $11,729 | $577,225 | $0 | $0 |
2016 | $12,054 | $565,353 | $0 | $0 |
2015 | $12,363 | $561,423 | $0 | $0 |
2014 | $11,540 | $471,970 | $0 | $0 |
Agents Affiliated with this Home
-
M
Seller's Agent in 2025
Michael Leibowitz
Leibowitz Realty Group, LLC./PBG
(561) 262-0721
105 in this area
234 Total Sales
-
A
Seller Co-Listing Agent in 2025
Andrew Leibowitz
Leibowitz Realty Group, LLC./PBG
(561) 262-0724
101 in this area
239 Total Sales
-
L
Buyer's Agent in 2025
Laureen mellon Rubino
Coldwell Banker Realty
(860) 803-5613
3 in this area
6 Total Sales
Map
Source: BeachesMLS
MLS Number: R11074246

APN: 52-42-42-11-20-000-0490
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