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4714 Somerset Hill Lane

4714 Somerset Hill Lane, Riverview, FL 33578
Sold Nov 04, 2020
$163,000
$160,047 by Ml Mortgage Corp
Mortgage Due Nov 01, 2050
Sold Mar 01, 2017
$140,000
$187,464 by Carrington Mortgage Services L
Mortgage Due Mar 01, 2047
Local assessors in Riverview, FL have categorized 4714 Somerset Hill Lane as a residential type of property. The home was built in 2013 and is 11 years old. It was most recently renovated and altered in 2018. The property's lot size has been calculated to be 1,306 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4714 Somerset Hill Lane has a total of 1,280 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable or hip style roof that was made of asphalt. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 4714 Somerset Hill Lane was last sold in Oct 21, 2020 for $163,000. According to our calculations, that's $127.34 per sqft. Prior to that sales transaction, the property was sold for $140,000 in Feb 22, 2017. Current property owners are expected to pay $2,218 in taxes per year. The property on 4714 Somerset Hill Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $139,134. 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

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

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,306
  • Total Building Area: 1,280
  • Gross Building Area: 1,365
  • Building Area: 1,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA PARK CENTRAL PHASE B
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: MAGNOLIA PARK CENTRAL PHASE B LOT 4 BLOCK 15

Ownership

  • Current Owner : CRESPO WALDEMAR ALAMEDA
  • Previous Owner : LEMON TESSA
  • Owner Before Previous Owner: SIMPKINS MICHAEL
  • Owner Before Previous Owner 2: SIMPKINS EVA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 013703

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: BK 115 PG 218
  • Subdivision Phase Number: B
  • Subdivision Tract Number: 9HE
  • Parcel: 073911-1120
  • Block: 15
  • Lot: 4
  • Meridian: SEC 01 TWN 30S RNG 19E
  • Municipality: UNICORPORATED
  • Latitude: 27.9052
  • Longitude: -82.3514

    Address

  • Full Address: 4714 Somerset Hill Ln
  • Address - House Number: 4714
  • Address - Street Name: Somerset Hill
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Riverview
  • Carrier Code: R025
  • 4-Digit Zip Code: 3025
  • Zip Code: 33578

Valuation

    Tax

  • Total Area: 1,237
  • Tax Year: 2023
  • Tax Amount: $2,218
  • Tax Rate Code Area: U

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 258,541
  • High Value: 308,781
  • Low Value: 208,300

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $173,328
  • First Open Lien Mortgage Lender: ML MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 04, 2020
  • First Open Lien Mortgage Loan Amount: $160,047
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Aug 03, 2023
  • Second Open Lien Mortgage Loan Amount: $13,281
  • Second Open Lien Mortgage Term: 326
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $189,105
  • Market Land Value: $18,911
  • Market Improvement Value: $170,194

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,134

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Nov 04, 2020
  • Current Sale Transaction ID: 11802241968
  • Current Sale Price: $163,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020457532
  • Previous Sale Recording Date: Mar 01, 2017
  • Previous Sale Contract Date: Feb 22, 2017
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ML MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 04, 2020
  • First Mortgage Loan Amount: $160,047
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • Previous Mortgage Transaction Date: Mar 01, 2017
  • Previous Mortgage Loan Amount: $187,464
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2047

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Frequently Asked Questions

What neighborhood is 4714 Somerset Hill Lane located in?
The 4714 Somerset Hill Lane is a townhouse located in the neighborhood of Greater Palm River Point in Greater Palm River Point, Riverview.
What is the average sales price for listings in 4714 Somerset Hill Lane?
The average sales price for units in 4714 Somerset Hill Lane is $0 currently.

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