Cozy and well-maintained apartment, 1 bedroom, 1-bathroom, second floor, spacious balcony, Ample bedroom with walk-in closet, fully furnished ready to move in. 55+gated community with clubhouse, tennis court, pool, BBQ area, and much more. The community has reserves. For Association rules 25% Down payment
Property Details
Property Features
Property Information:
Architectural Style: Garden Apartment
Year Built: 1974
Living Area: 748 SqFt
Listing Office:
Office Name: Avanti Way Realty LLC
Office Phone: (305) 229-1146
Listing Agent: Carolina Santana
Interior Features
Interior Information:
Appliances: Electric Range, Microwave, Refrigerator
Flooring Type: Ceramic Tile
Interior: Bedroom on Main Level, Second Floor Entry, Elevator, Living/Dining Room, Other, Walk-In Closet(s)
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.
$887
Per Month
Principal & Interest
$475
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)
$345
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
$351
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 school1.15 miles
Public District Grades PK-5
3
/10
Castle Hill Elementary School
2640 NW 46th Ave
Distance between this listing and this school1.22 miles
Public District Grades PK-5
6
/10
Rock Island Elementary School
2350 NW 19th St
Distance between this listing and this school1.25 miles
Public District Grades PK-5
Nearby Schools
3
/10
William Dandy Middle School
2400 NW 26th St
Distance between this listing and this school0.98 miles
Public Magnet Grades 6-8
2
/10
Lauderdale Lakes Middle School
3911 NW 30th Ave
Distance between this listing and this school1.22 miles
Public Magnet Grades 6-8
4
/10
Lauderhill 6-12 School
1901 NW 49th Ave
Distance between this listing and this school1.68 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
Championship Academy of Distinction High School
3020 NW 33rd Ave
Distance between this listing and this school0.36 miles
Public Charter Grades 9-12
3
/10
Eagles Nest Charter Academy
3698 NW 15th St
Distance between this listing and this school1.01 miles
Public Charter Grades KG-12
1
/10
Sunfire High School
2360 W Oakland Park Blvd
Distance between this listing and this school1.15 miles
The neighbors living near this home have an average income of $32,937. The most common annual income of people living in Lauderdale Lakes, FL is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2871 Somerset Dr Unit 218
What is the listing price of this property?
The listing price of 2871 Somerset Dr Unit 218 property is $95,000.
What type of property is this?
The property 2871 Somerset Dr Unit 218 is a condo located in Lauderdale Lakes, Florida, 33311.
Is this property for sale now?
Active Listing: 2871 Somerset Dr Unit 218 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 2871 Somerset Dr Unit 218 has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 2871 Somerset Dr Unit 218 is 748 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2871 Somerset Dr Unit 218 is 1974.
This home is located at 2871 Somerset Dr Unit 218 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 March 19, 2024 and is currently priced at $95,000.
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. In November 2024 in Lauderdale Lakes, FL there were 19.1% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $175,000, while the average time on the real estate market was 85 days.
From Rocket Homes Real Estate and based on county public records data.