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2326 Somerset Place

2326 Somerset Place, Naples, FL 34120
Property in Rural Estates
Sold Nov 01, 2022
$2,010,000
Sold Oct 19, 2017
$738,000
$350,000 by Florida Community Bank Na
Mortgage Due Nov 01, 2047
2326 Somerset Place has been categorized by the local assessors in Naples, FL as a residential type of property. The building on the property was first built in 2017 and is 7 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2326 Somerset Place has 2,983 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,600 ft and across the front of the lot is 1,140 ft. The area measurement of the land has been determined as 25,265 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2326 Somerset Place was last sold in Nov 1, 2022 for $2,010,000. According to our calculations, that's $673.82 per sqft. Prior to that sales transaction, the property was sold for $738,000 in Oct 6, 2017. Current property owners are expected to pay $6,739 in taxes per year. The property on 2326 Somerset Place was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $633,429. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 25,265
  • Lot Size Depth Feet: 2,600
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 2,983
  • Gross Building Area: 2,983
  • Building Area: 2,983
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,983
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAMORADA
  • Land Acres: 0.58
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAMORADA LOT 55

Ownership

  • Current Owner : RITENOUR MICHAEL L
  • Current Owner 2: RITENOUR KAREN B
  • Previous Owner : HOLMES VAN H
  • Previous Owner 2: HOLMES GERALD A
  • Owner Before Previous Owner: WCI COMMUNITIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Collier County School District
  • School Tax School District: DISTRICT 1
  • Census Tract: 010423

Geography

  • Assessors Map Reference: 3B25
  • Subdivision Tract Number: 452650
  • Parcel: 54465002686
  • Lot: 55
  • Meridian: SEC 25 TWN 48 RNG 26
  • Municipality: COUNTY COLLIER
  • Latitude: 26.2686
  • Longitude: -81.6676

    Address

  • Full Address: 2326 Somerset Pl
  • Address - House Number: 2326
  • Address - Street Name: Somerset
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Naples
  • Carrier Code: R245
  • 4-Digit Zip Code: 2864
  • Zip Code: 34120

Valuation

    Tax

  • Total Area: 3,579
  • Tax Year: 2022
  • Tax Amount: $6,739
  • Tax Rate Code Area: 44

    Appraisal Valuation

  • Standard Deviation: 0.0791
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 94
  • Final Value: 2,049,269
  • High Value: 2,211,470
  • Low Value: 1,887,067

    Market Valuation

  • Market Total Value: $1,396,363
  • Market Land Value: $633,238
  • Market Improvement Value: $763,125

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $633,429

    Sales

  • Current Sale Contract Date: Nov 01, 2022
  • Current Sale Recording Date: Nov 01, 2022
  • Current Sale Transaction ID: 11898294500
  • Current Sale Price: $2,010,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6324565
  • Previous Sale Recording Date: Oct 19, 2017
  • Previous Sale Contract Date: Oct 06, 2017
  • Previous Sale Amount: $738,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FLORIDA COMMUNITY BANK NA
  • Previous Mortgage Transaction Date: Oct 19, 2017
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

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Frequently Asked Questions

What neighborhood is 2326 Somerset Place located in?
The 2326 Somerset Place is a located in the neighborhood of Rural Estates in Rural Estates, Naples.
What is the average sales price for listings in 2326 Somerset Place?
The average sales price for units in 2326 Somerset Place is $0 currently.

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