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$150,000

Beds
2
Baths
2.0
sq ft
1,010

2831 Somerset Dr Unit 416, Lauderdale Lakes, FL 33311

2831 Somerset Dr Unit 416

Lauderdale Lakes, FL 33311

  • 57 days on market
    • Price drop $10,000↓
*** WELCOME TO THE TREASURE OF FLORIDA LIVING!! ** THIS BEAUTIFUL 2 BEDROOM 2 BATH CONDO IS LOCATED IN THE GATED COMMUNITY OF SOMERSET! THIS CONDO FEATURES TILE FLOORING THROUGHOUT, AND HAS SPACIOUS BEDROOMS WITH LARGE WALK IN CLOSETS. THE CONDO HAS HURRICANE IMPACT WINDOWS. PERFECT FOR MATURE INDIVIDUALS AND SNOWBIRDS. LOW HOA WITH ENDLESS AMENITIES. LOCATED CLOSE TO SHOPS, HIGHWAYS, RESTAURANTS AND MORE. YOUR NEW HOME AWAITS YOU! SCHEDULE YOUR SHOWING TODAY!

Details

Property type

Condominium

Est. home value

$130,493

Lot size

Unknown

Price per sq ft

$149

Year built

1974

Annual property taxes

$1,056

Monthly HOA fee

$345

Price History

10/30/2024
Beaches

Beaches #F10459382

Price change
$150,000
-6.25%
09/07/2024
Beaches

Beaches #F10459382

Listed
$160,000
+77.78%
11/10/2021
SEF

SEF #A11087911

Sold
$90,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Senior community center: 

Yes

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$78,322
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$59,678
Cash to seller
$78,322

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

November 2021

Original loan amount

$63,750

Est. remaining balance

$59,678

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

George William Gates

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/03/2024 at 9:00 AM

Listing updated: 10/30/2024 at 12:45 PM

Listed by: Latoya Brown, Realty 100 Phone #: (954) 859-2100

MLS: Beaches #F10459382

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