NOT LISTED FOR SALE

Estimated Value: $173,000 - $248,000

2 Beds
2 Baths
816 Sq Ft
$364/mo HOA Fee

Last Sold July 26, 2016

Last sale price $70,000 $86 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $1,581/month

49 Days on Market

Highlights

  • Lake Front
  • Newly Remodeled
  • Community Pool
  • Boat Ramp
  • Active Adult
  • Screened Balcony

About This Home

As of July 2016

Very nice 2 bedroom 2 bathroom unit with excellent views of lake from both rooms and balcony. Call for easy showing.

Last Agent to Sell the Property

Humberto Azor

MMLS Assoc.-Inactive Member License #3217259 Listed on: 05/30/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $232

Year Built

  • Built in 1972 | Newly Remodeled

Lot Details

  • Lake Front
  • Home fronts a canal

HOA Fees

  • $364 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Lake
  • Lagoon
  • Club Area

Home Design

  • Garden Apartment
  • Entry on the 2nd floor

Interior Spaces

  • 816 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Handicap Accessible
  • Screened Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424323340030590

Community Details

Overview

  • Active Adult
  • Somerset Condos A Thru L Condos

Recreation

  • Boat Ramp
  • Community Pool

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$232

Year Built

Built in 1972 | Newly Remodeled

Lot Details

0

HOA Fees

$364 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Ramp
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Handicap Accessible
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 816
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: Club Area View, Lagoon, Lake
  • Exterior Features: Screened Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Canal Front, Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SOMERSET CONDOS A THRU L
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Guard At Site

Condo/Co-op/Association

  • Association Fee: 364
  • Amenities: Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 00424323340030590
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 364

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2017
Sold by
Ikuma Tatum Newmark and Newmark Miki
Bought by
Karmel Morris
Current Estimated Value
$197,540

Purchase Details

Listed on
May 30, 2016
Closed on
Jul 1, 2016
Bought by
Karmel Morris
Seller's Agent
Humberto Azor
MMLS Assoc.-Inactive Member
List Price
$799,000
Sold Price
$70,000
Premium/Discount to List
-$729,000
-91.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
May 30, 2013
Sold by
Potvin Horace and Potvin Suzanne
Bought by
Litter Hortensia

Purchase Details

Closed on
Feb 28, 2008
Sold by
Stewart Jane E
Bought by
Potvin Horace

Purchase Details

Closed on
Jul 6, 1998
Sold by
Gerringer Irwin and Gerringer Raija A
Bought by
Stewawrt James E

Purchase Details

Closed on
Jun 9, 1993
Sold by
Osborn Josephine
Bought by
Gerringer Irwin
Source: Public Records

Range of Values:

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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
Karmel Morris $69,900 Attorney
Karmel Morris $70,000 --
Litter Hortensia $75,000 Empire Title Services Inc
Potvin Horace $55,000 Attorney
Stewawrt James E $36,000 --
Gerringer Irwin -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2016 07/26/16 Sold $70,000 -91.2% $86 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
05/30/2016 05/30/16 For Sale $799,000 -- $979 / Sq Ft
Source: MIAMI REALTORS® 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
2024 $2,083 $69,736 -- --
2023 $1,709 $63,396 $0 $0
2022 $1,348 $57,633 $0 $0
2021 $1,188 $52,394 $0 $52,394
2020 $1,402 $64,400 $0 $64,400
2019 $1,345 $60,260 $0 $60,260
2018 $1,210 $55,260 $0 $55,260
2017 $1,046 $46,260 $0 $0
2016 $234 $21,989 $0 $0
2015 $232 $21,836 $0 $0
2014 $233 $21,663 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10091538

MIAMI REALTORS® MLS

APN: 00-42-43-23-34-003-0590