NOT LISTED FOR SALE

2840 Somerset Dr Unit 311M Lauderdale Lakes, FL 33311

Estimated Value: $87,000 - $104,887

1 Bed
1.5 Baths
835 Sq Ft
$344/mo HOA Fee

Last Sold December 05, 2023

Last sale price $98,600 $118 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $998/month

139 Days on Market

Highlights

  • Senior Community
  • Views
  • Card or Code Access
  • Screened Balcony
  • Security Guard
  • Tile Flooring

About This Home

As of December 2023

*LARGE 1 BEDROOM 1.5 BATHROOM CONDO IN SOMERSET AT LAUDERDALE LAKES. UNIT IS IN GREAT CONDITION HAS A SPACIOUS MASTER BEDROOM WITH HUGE WALK IN CLOSET *EAT-IN KITCHEN * SCREENED BALCONY * IMPACT WINDOWS * COMMUNITY IS SECURITY GUARD GATED* CENTRALLY LOCATED * ASSOCIATION STATES 55+ COMPLEX***

Last Listed By

Peggy J. Simpson

Oceanica International Realty License #3244130 Listed on: 06/16/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1979

Lot Details

  • 9

HOA Fees

  • $344 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Interior Spaces

  • 835 Sq Ft Home
  • 3-Story Property
  • Property Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Schools

  • Rock Island Elementary School
  • William Dandy Middle School
  • Boyd H Anderson High School

Additional Features

  • Accessible Elevator Installed
  • Screened Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494230BB2640

Community Details

Overview

  • Senior Community
  • Low-Rise Condominium
  • Somerset Condos
  • Somerset At Lauderdale La Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $408

Security

  • Security Guard
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,290

Year Built

Built in 1979

Lot Details

0

HOA Fees

$344 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Directions: 441 TO OAKLAND PARK EAST TO SOMERSET ENTRY JUST BEFORE 31ST AVE* MAKE RIGHT TO GUARD GATE MAKE A LEFT TO BULDING 2840
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: SOMERSET AT LAUDERDALE LA
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 835
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 3
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Other, Screened Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: SOMERSET
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Card Entry, Guard At Site

Condo/Co-op/Association

  • Association Fee: 344
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Rock Island
  • High School: Boyd H Anderson
  • Middle Or Junior School: William Dandy

Lot Info

  • Parcel Number: 494230BB2640
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 408

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1290

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Dec 4, 2023
Sold by
Vargas Maria M
Bought by
Bell Michael Fabien
Seller's Agent
Peggy J. Simpson
Oceanica International Realty
Buyer's Agent
Michael Gandia
MCO Realty, LLC.
List Price
$95,000
Sold Price
$98,600
Premium/Discount to List
$3,600
3.79%
Total Days on Market
139
Views
1045
Current Estimated Value
$97,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,128
Avg. Annual Appreciation
-0.82%
Original Mortgage
$78,880
Outstanding Balance
$77,952
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$19,520

Purchase Details

Closed on
May 4, 2023
Sold by
Vargas Luis M
Bought by
Vargas Maria M

Purchase Details

Closed on
Jun 8, 2010
Sold by
Arch Holdings Llc
Bought by
Vargas Luis M and Vargas Maria M

Purchase Details

Closed on
Nov 30, 2009
Sold by
Wachovia Bank Na
Bought by
Arch Bay Holdings Llc

Purchase Details

Closed on
Nov 10, 2009
Sold by
Radulescu Dan and Cobb Radulescu Joe Ann
Bought by
Wachovia Bank Na

Purchase Details

Closed on
May 4, 2000
Sold by
Federal Home Loan Mortgage Corp
Bought by
Radulescu Dan

Purchase Details

Closed on
Nov 17, 1999
Sold by
Clerk Of The Court
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 10, 1997
Sold by
Katz Stephen R
Bought by
Katz Sophie

Purchase Details

Closed on
Apr 13, 1994
Sold by
Katz Sophie and Katz Irving
Bought by
Katz Sophie and Katz Stephen R

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
Bell Michael Fabien $98,600 None Listed On Document
Vargas Maria M -- None Listed On Document
Vargas Luis M $13,000 Bay Title Escrow Company
Arch Bay Holdings Llc -- Platinum Title Of S Fl Inc
Wachovia Bank Na -- None Available
Radulescu Dan $11,000 --
Federal Home Loan Mortgage Corporation -- --
Katz Sophie $100 --
Katz Sophie $100 --
Katz Sophie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Michael Fabien $78,880
Previous Owner Radulescu Dan $63,750
Previous Owner Radulescu Dan $23,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $98,600 +3.8% $118 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $95,000 0.0% $114 / Sq Ft
06/08/2022 06/08/22 Rented $1,250 0.0% --
05/06/2022 05/06/22 Under Contract -- -- --
04/28/2022 04/28/22 For Rent $1,250 +25.0% --
09/15/2019 09/15/19 Rented $1,000 0.0% --
08/19/2019 08/19/19 Under Contract -- -- --
07/20/2019 07/20/19 Price Changed $1,000 -13.0% $1 / Sq Ft
06/15/2019 06/15/19 For Rent $1,150 +64.3% --
11/01/2013 11/01/13 Rented $700 0.0% --
10/02/2013 10/02/13 Under Contract -- -- --
05/06/2013 05/06/13 For Rent $700 -- --
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
2025 $1,328 $85,810 $8,580 $77,230
2024 $1,466 $85,810 $8,580 $77,230
2023 $1,466 $40,750 $0 $0
2022 $1,290 $37,050 $0 $0
2021 $1,192 $33,690 $0 $0
2020 $1,123 $39,900 $3,990 $35,910
2019 $1,056 $36,160 $3,620 $32,540
2018 $1,023 $39,410 $3,940 $35,470
2017 $939 $23,020 $0 $0
2016 $832 $20,930 $0 $0
2015 $834 $19,030 $0 $0
2014 $785 $17,300 $0 $0
2013 -- $17,530 $1,750 $15,780
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11400946

MIAMI REALTORS® MLS

APN: 49-42-30-BB-2640