NOT LISTED FOR SALE

63 Somerset Ln Lake Placid, FL 33852

Estimated Value: $430,059 - $498,000

3 Beds
3 Baths
2,314 Sq Ft
$204/Sq Ft Est. Value

Last Sold September 21, 2015

Last sale price $250,000 $108 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,054/month

32 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Tennis Courts
  • Clubhouse
  • Screened Porch
  • Skylights

About This Home

As of September 2015

This well appointed home with pool backs up to a common area, giving pool area plenty of privacy. The double garage has an additional spacious area for a workshop. The house shows very nicely and is a MUST see to appreciate it.

Last Agent to Sell the Property

Jerry Sochacki

TOMOKA HEIGHTS REALTY,INC. License #429670 Listed on: 05/09/2015

Last Buyer's Agent

John Lindsey

INACTIVE License #3302362

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 2002

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 112 x 102
  • Sprinkler System

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,314 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Blinds
  • Screened Porch

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number C-25-36-29-130-00D0-0030

Community Details

Recreation

  • Tennis Courts
  • Shuffleboard Court

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,542

Year Built

Built in 2002

Lot Details

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.262
  • Lot Size: 112 x 102
  • Road Surface Type: Paved
  • Directions: US 27 to Tomoka Blvd. South, Enter through gate, turn right, go to second stop sign, turn right and house is the second on the right.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Stove, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Skylights, Cable TV
  • Living Area: 2314.0
  • Window Features: Insulated Windows, Blinds, Skylight(s)

Exterior Features

  • Pool Features: In Ground
  • 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

  • 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, Shuffleboard, Tennis Court(s)
  • Association Fee: 91.0
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 11424.0
  • Additional Parcels Description: ,,
  • Additional Parcels: No
  • Parcel #: C-25-36-29-130-00D0-0030
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2542.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2015
Closed on
Sep 4, 2015
Sold by
Arndt James R and Arndt Marian
Bought by
Living Forrest E and Living Katherine A Bushland
Seller's Agent
Jerry Sochacki
TOMOKA HEIGHTS REALTY,INC.
Buyer's Agent
John Lindsey
INACTIVE
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Current Estimated Value
$472,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,015
Avg. Annual Appreciation
6.80%
Original Mortgage
$200,000
Outstanding Balance
$155,454
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$325,076

Purchase Details

Closed on
Sep 24, 2012
Sold by
Arndt Marian
Bought by
Arndt James R and Arndt Marian

Purchase Details

Closed on
Aug 16, 2001
Sold by
Indigo Group Ltd
Bought by
Arndt Marian
Source: Public Records

Range of Values:

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Average Value
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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
Living Forrest E $250,000 South Ridge Abstract & Title
Arndt James R -- Attorney
Arndt Marian $37,500 South Ridge Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bushland Forrest E $200,000
Closed Living Forrest E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2015 09/21/15 Sold $250,000 -7.4% $108 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
05/09/2015 05/09/15 For Sale $269,900 -- $117 / 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 $4,689 $383,496 $26,250 $357,246
2023 $4,689 $289,748 $0 $0
2022 $4,279 $304,492 $26,250 $278,242
2021 $3,894 $239,461 $15,750 $223,711
2020 $3,811 $236,594 $0 $0
2019 $3,730 $230,213 $0 $0
2018 $3,684 $223,926 $0 $0
2017 $3,635 $223,250 $0 $0
2016 $3,856 $231,093 $0 $0
2015 $2,548 $187,753 $0 $0
2014 $2,542 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 234226

Heartland Association of REALTORS®

APN: C-25-36-29-130-00D0-0030