NOT LISTED FOR SALE

7463 Somerset Shores Ct Orlando, FL 32819

Dr. Phillips Neighborhood

Estimated Value: $737,395 - $795,000

3 Beds
3 Baths
2,614 Sq Ft
$293/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $795,000 $304 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,236/month

7 Days on Market

Highlights

  • Lake Front
  • Fishing Pier
  • Fishing
  • Dr. Phillips Elementary School Rated A-
  • Oak Trees
  • Gated Community

About This Home

As of April 2024

Waterfront oasis in the heart of Dr. Phillips! This stunning townhome has been meticulously maintained and boasts upgrades that ensure durability and energy efficiency, including a new composite tile roof and upgraded Pella windows and doors.
Inside, you'll find a thoughtfully updated interior featuring modernized kitchen and bathrooms, seamlessly blending style with functionality.
The first floor presents a spacious family room with soaring ceilings and cozy fireplace, creating an inviting atmosphere for relaxation and gatherings. The designer kitchen features wood cabinetry, granite countertops and stainless appliances. A versatile guest room opens to a charming courtyard, offering flexibility for your lifestyle needs.
The second floor hosts a luxurious primary suite complete with an enclosed balcony showcasing breathtaking lake views for ultimate relaxation. Additionally, there's a loft area perfect for a home office, along with a third bedroom providing ample space for guests or family members.
An enclosed porch with wet bar provides additional space for entertaining while the outdoor brick patio is the perfect setting for dining, relaxation and lakeside enjoyment.
Somerset Shores is a hidden gem. This gated community offers a community pool with entertaining area, fishing pier and unparalleled views. It’s privately tucked away, yet adjacent to Restaurant Row and an easy walk to dining and shopping along with the YMCA, public library and more. And with Orlando International Airport just a 15-minute drive away, this waterfront townhome doesn't just offer a residence, but a lifestyle of luxury, convenience, and natural beauty. Don't let this opportunity slip away - make Somerset Shores your home sweet home today.

Last Agent to Sell the Property

Amanda Black

UPSIDE REAL ESTATE INC Brokerage Phone: 407-497-6345 License #3209990 Listed on: 03/26/2024

Co-Listed By

Judy Black

UPSIDE REAL ESTATE INC Brokerage Phone: 407-497-6345 License #329124

Last Buyer's Agent

Judy Black

UPSIDE REAL ESTATE INC Brokerage Phone: 407-497-6345 License #329124

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,360

Year Built

  • Built in 1990

Lot Details

  • 3,316 Sq Ft Lot
  • Lake Front
  • West Facing Home
  • Metered Sprinkler System
  • Street paved with bricks
  • Oak Trees

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Woods

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,614 Sq Ft Home
  • Wet Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Inside Utility
  • Attic

Kitchen

  • Eat-In Kitchen
  • <<builtInOvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Fishing Pier
  • Access To Lake
  • Balcony
  • Deck
  • Patio
  • Rain Gutters
  • Porch

Schools

  • Dr. Phillips Elementary School
  • Southwest Middle School
  • Dr. Phillips High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, maintenance structure, ground maintenance, private road, recreational facilities, security
  • Garth Olsen Association
  • Somerset Shores Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,360

Year Built

Built in 1990

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Townhouse
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 2614
  • Lot Size Acres: 0.08
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 3265
  • Lot Size Sq Ft: 3316
  • Directions to Property: From Dr. Phillips Blvd turn East on Hinson to end. Gate is on the left.
  • Status: Sold
  • Co List Office Mls Id: MFR261016477
  • Co List Office Phone: 407-308-5750
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow City: Orlando
  • Escrow Postal Code: 32819
  • Escrow State: FL
  • Escrow Street Name: Dr. Phillips Blvd. #140
  • Escrow Street Number: 7575
  • List Office Head Office Key Nume: 517493397
  • Minimum Lease: 7 Months
  • RATIO Current Price By Calculate: 304.13
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Fishing
  • Attribution Contact: 407-497-6345
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Window Features: Blinds, Double Pane Windows, Window Treatments
  • Street Number Modifier: 7463
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Attic,Family Room,Inside Utility
  • Living Area Meters: 242.85
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Irrigation System, Rain Gutters, Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Trees/Woods, Water
  • Water Body Name: SPRING LAKE
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Brick
  • Water Access: Lake
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Connected, Sprinkler Meter
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Gated
  • Association Fee: 425
  • Association Fee Frequency: Monthly
  • Association Name: Garth Olsen
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Must be on a leash.
  • Association Fee Requirement: Required
  • Building Name Number: 7463
  • Association Email: guildhousemngt@aol.com

Fee Information

  • Total Annual Fees: 5100.00
  • Total Monthly Fees: 425.00
  • Monthly HOA Amount: 425.00

Schools

  • Elementary School: Dr. Phillips Elem
  • High School: Dr. Phillips High
  • Middle Or Junior School: Southwest Middle

Lot Info

  • Zoning: R-3
  • Parcel Number: 26-23-28-8135-00-140
  • Additional Parcels: No
  • Lot Features: Street Brick
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 308
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 6360
  • Tax Block: 00
  • Tax Book Number: 29-53
  • Tax Lot: 14

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Apr 18, 2024
Sold by
Steen Stuart M and Streen Amy W
Bought by
Farooq Lateef and Farooq Fauzia Bakshi
Seller's Agent
Amanda Black
UPSIDE REAL ESTATE INC
Buyer's Agent
Judy Black
UPSIDE REAL ESTATE INC
List Price
$825,000
Sold Price
$795,000
Premium/Discount to List
-$30,000
-3.64%
Views
41
Current Estimated Value
$765,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,151
Avg. Annual Appreciation
-2.97%

Purchase Details

Closed on
Aug 9, 2018
Sold by
Mccoy Steen Jr Stuart and Williams Steen Amy
Bought by
Steen Stuart M and Steen Amy W

Purchase Details

Closed on
Aug 31, 2015
Sold by
Ricci Joseph A and Youngblood Jennifer
Bought by
Steen Stuart Mccoy and Steen Amy Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,800
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2012
Sold by
Ricci Joseph A and Ricci Susan H
Bought by
Ricci Susan H and Susan H Ricci Revocable Living Trust

Purchase Details

Closed on
May 15, 1995
Sold by
Schneider Robert B
Bought by
Ricci Joseph A and Ricci Susan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
8.39%
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
Farooq Lateef $795,000 First American Title Insurance
Steen Stuart M -- Attorney
Steen Stuart Mccoy $436,000 Florida Title & Guarantee Ag
Ricci Susan H -- None Available
Ricci Joseph A $250,000 --
Schneider Robert B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steen Amy W $319,500
Previous Owner Steen Stuart Mccoy $348,800
Previous Owner Steen Stuart Mccoy $348,800
Previous Owner Ricci Joseph A $220,000
Previous Owner Ricci Joseph A $250,000
Previous Owner Ricci Joseph A $150,000
Previous Owner Ricci Joseph A $200,000
Previous Owner Ricci Joseph A $153,000
Previous Owner Schneider Robert B $196,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $795,000 -3.6% $304 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $825,000 -- $316 / 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 $6,826 $525,910 $115,000 $410,910
2024 $6,361 $525,910 $115,000 $410,910
2023 $6,361 $431,079 $115,000 $316,079
2022 $8,068 $541,740 $115,000 $426,740
2021 $7,723 $489,788 $115,000 $374,788
2020 $6,622 $416,282 $105,000 $311,282
2019 $6,458 $383,326 $97,000 $286,326
2018 $6,417 $376,098 $97,000 $279,098
2017 $6,360 $369,037 $97,000 $272,037
2016 $6,338 $361,082 $97,000 $264,082
2015 $6,004 $339,578 $97,000 $242,578
2014 $5,503 $297,353 $97,000 $200,353
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6190236

Stellar MLS

APN: 26-2328-8135-00-140