Here is a spacious 2 bedroom and 2 baths unit located on the second floor. Building has an elevator and a laundry facility on each floor. Complex is fenced for your security and a guard at the entry gate. At least 1 buyer has to be 55+ with a minimum score of 580 and put 10% down. 1 pet below 15 pounds is allowed. Unit shows well, kitchen was renovated, appliances replaced and new a/c unit with a warranty. Nice screened patio to enjoy the view or relax. This location is very convenient to the TPKE, 441, etc. Unit is priced to sell.
Property Details
Property Features
Property Information:
Year Built: 1979
Living Area: 1,010 SqFt
Listing Office:
Office Name: Compass Florida, LLC
Office Phone: (305) 851-2820
Listing Agent: Suresh Chiatar
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Range, Refrigerator
Flooring Type: Ceramic Tile
Interior: Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Elevator
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,142
Per Month
Principal & Interest
$574
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$501
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$411
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Oriole Elementary School
3081 NW 39th St
Distance between this listing and this school0.96 miles
Public District Grades PK-5
6
/10
Rock Island Elementary School
2350 NW 19th St
Distance between this listing and this school1.21 miles
Public District Grades PK-5
7
/10
Park Lakes Elementary School
3925 N State Road 7
Distance between this listing and this school1.31 miles
Public District Grades KG-5
Nearby Schools
3
/10
William Dandy Middle School
2400 NW 26th St
Distance between this listing and this school0.87 miles
Public Magnet Grades 6-8
2
/10
Lauderdale Lakes Middle School
3911 NW 30th Ave
Distance between this listing and this school1.03 miles
Public Magnet Grades 6-8
6
/10
Central Charter School
4515 N State Road 7
Distance between this listing and this school1.76 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Championship Academy of Distinction High School
3020 NW 33rd Ave
Distance between this listing and this school0.23 miles
Public Charter Grades 9-12
1
/10
Sunfire High School
2360 W Oakland Park Blvd
Distance between this listing and this school0.95 miles
Public Charter Grades 9-12
3
/10
Boyd H. Anderson High School
3050 NW 41st St
Distance between this listing and this school1.18 miles
The neighbors living near this home have an average income of $32,937. The majority of Lauderdale Lakes, FL residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2860 Somerset Dr Unit 218K
What is the listing price of this property?
The listing price of 2860 Somerset Dr Unit 218K property is $115,000.
What type of property is this?
The property 2860 Somerset Dr Unit 218K is a condo located in Lauderdale Lakes, Florida, 33311.
Is this property for sale now?
Active Listing: 2860 Somerset Dr Unit 218K is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 2860 Somerset Dr Unit 218K has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 2860 Somerset Dr Unit 218K is 1,010 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2860 Somerset Dr Unit 218K is 1979.
This home is located at 2860 Somerset Dr Unit 218K in Lauderdale Lakes, FL and zip code 33311 in the Somerset Condominiums neighborhood. This 1,010 square foot home was built in 1979. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $115,000.
In November 2024, from all listings sold in Lauderdale Lakes, FL there were more than 0 sold above asking price, over 12 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Lauderdale Lakes, FL between October 2024 and November 2024 increased by 19.1%. Listings spent 85 days on the market in November 2024, and had a median list price of $175,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.