2861 Somerset Dr Unit 317, Lauderdale Lakes, FL, 33311

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

2861 Somerset Dr Unit 317, Lauderdale Lakes$119,000

Buyer Closing Credits

$1,413^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAssigned, Guest

Year Built1974

HeatingCentral

CoolingCentral Air

WaterfrontNone

MLS #RX-11000493

StatusActive

About 2861 Somerset Dr Unit 317

Charming 1 Bed, 1 Bath Unit available now! Furnished if desired. Unit features tiled floors throughout, new AC unit, patio accessible from the bedroom as well as living room. Community is gated and hosts a large, well maintained heated pool, tennis courts, billiards, gym, barbeque area, sand a variety of entertainment organized for interested residents - all at your fingertips.Bring your luggage and start enjoying the Florida lifestyle.

View More

Property Details

Property Features

Property Information:

• Architectural Style: < 4 Floors
• Year Built: 1974
• Stories: 4
• Living Area: 748 SqFt

Listing Office:

• Office Name: LoKation
• Office Phone: (954) 545-5583
• Listing Agent: Hannelore Schneider

Interior Features

Interior Information:

• Appliances: Dishwasher, Fire Alarm, Freezer, Electric Range, Refrigerator, Electric Water Heater
• Flooring Type: Tile
• Interior: Elevator, Fire Sprinkler, Pantry

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 1

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None

Parking Information:

• Attached Garage: No
• Parking: Assigned, Guest

Virtual/3D Tour

• Virtual Tour: 2861 Somerset Dr Unit 317

Virtual Tour

Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

Other

Directions Information:

• Directions: From I95 Take Oakland ParkGo West on Oakland Park Blvd for 1.8 milesMake a left on Sonerset Dr (Traffic light).Manned Gate - pass through - make a left and follow road to Tennis courts.

Price Information

Listing Price Info

Price Summary:

• List Price: $119,000
• Price Per SqFt: $159/SqFt

HOA Fees:

• Amount: $362
• Frequency: Monthly

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Lauderdale Lakes, FL.

Lauderdale Lakes, FL

City

Med. Sold Price

$175K

Med. Price/SqFt

$180

Avg. Days On Market

85

# of Sold Homes

19

2861 Somerset Dr Unit 317 vs Lauderdale Lakes

170 DAYS ON ROCKET

+85 Days

$119,000

-$56K Less

$159/SqFt

-$21 Less

KEY TAKEAWAY

This property is $56K less than the Median Sold Price and $21/SqFt less than other homes in Lauderdale Lakes, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-11000493

Listing Office:

• Office Name: LoKation
• Office Phone: (954) 545-5583
• Listing Agent: Hannelore Schneider

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

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.

$1,023

Per Month

Principal & Interest

$594

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

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 Payment

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.

$Down PaymentPercent%

Loan Term

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.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

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

Monthly Premium

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

Monthly Premium

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)

$362

Monthly Fees

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

Monthly Cost

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

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$423

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Broward County›Lauderdale Lakes›33311›2861 Somerset Dr Unit 317

This home is located at 2861 Somerset Dr Unit 317 in Lauderdale Lakes, FL and zip code 33311 in the Somerset Condominiums neighborhood. This 748 square foot home was built in 1974. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 30, 2024 and is currently priced at $119,000.

In November 2024 more than 0 listings in Lauderdale Lakes, FL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 12 were sold below. In November 2024 in Lauderdale Lakes, FL there were 19.1% more homes for sale than in October 2024. In November 2024 median list price was $175,000 and the average listing age was 85 days.

From Rocket Homes Real Estate and based on county public records data.