tomo logo

$129,900

Beds
2
Baths
2.0
sq ft
1,010

2850 Somerset Dr Unit 203L, Lauderdale Lakes, FL 33311

2850 Somerset Dr Unit 203L

Lauderdale Lakes, FL 33311

  • 355 days on market
Great investment opportunity! Home is currently tenant occupied for $1,700 monthly until October 2025. Exterior of building is currently in the process of being renovated. Please drive around to see other freshly painted building to see what it will look like. I've added in a picture of one them. Situated in a quiet community full of amenities! Laundry Room, Barbecue, Picnic Area, Pool, Billiard Room, Clubhouse, Community Kitchen, Storage, Trash, and Elevator(s).The location is a plus! Near shops, Restaurants, gas stations, grocery stores and minutes away from beach! Gated community with 24-hour security guard!

Details

Property type

Condominium

Est. home value

$118,172

Lot size

Unknown

Price per sq ft

$129

Year built

1979

Annual property taxes

$2,284

Monthly HOA fee

$489

Price History

12/11/2024
Beaches

Beaches #F10416170

Removed
$129,900
11/26/2024
Beaches

Beaches #F10416170

Listed
$129,900
11/26/2024
Beaches

Beaches #F10416170

Price change
$129,900
-7.15%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Senior community center: 

Yes

Seller’s Loan History

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

Lender

Wells Fargo Bank Na

Loan start date

November 2006

Original loan amount

$77,000

Est. remaining balance

$48,249

Interest rate

6.37%

Loan type

Not Provided, 30 year

Seller

Cleveland Wright and Myrtle Wright

Lender

Bank Of America Na

Loan start date

June 2003

Original loan amount

$32,862

Est. remaining balance

$7,817

Interest rate

5.7%

Loan type

Not Provided, 25 year

Seller

Cleveland Wright and Eulalee Tomlinson

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: 12/22/2024 at 10:50 PM

Listing updated: 12/11/2024 at 7:21 AM

Listed by: Kenise Estime, Charles Rutenberg Realty FTL Phone #: (954) 396-3001

MLS: Beaches #F10416170

Beaches logo

Recently listed in Lauderdale Lakes

Explore top cities in Florida