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4753 Somerset Hill Lane

4753 Somerset Hill Lane, Riverview, FL 33578
Sold Dec 31, 2018
$146,400
$146,400 by American Internet Mortgage Inc
Mortgage Due Jan 01, 2049
Sold Jul 19, 2017
$136,400
Local assessors in Riverview, FL have categorized 4753 Somerset Hill Lane as a residential type of property. The home was built in 2015 and is 9 years old. It was most recently renovated and altered in 2019. 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 4753 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 unknown 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 masonry 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4753 Somerset Hill Lane sold most recently in Dec 31, 2018 for a total of $146,400. If you work out the math, that's approximately a cost of $114.38 per sqft. Before that, the property was also sold for $136,400 in Jul 14, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $529 in taxes each year. 4753 Somerset Hill Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $130,066. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2019
  • 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: Masonry
  • 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

    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 NORTHEAST E
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: MAGNOLIA PARK NORTHEAST E LOT 4 BLOCK 26

Ownership

  • Current Owner : WASHINGTON DAN C
  • Previous Owner : CHEUNG TANG YIGING
  • Previous Owner 2: CHEUNG FU KAM
  • Owner Before Previous Owner: DIGGS GEORGIA L
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: BK 121 PG 216
  • Parcel: 073911-1838
  • Block: 26
  • Lot: 4
  • Meridian: SEC 06 TWN 30S RNG 20E
  • Municipality: UNICORPORATED
  • Latitude: 27.9045
  • Longitude: -82.3518

    Address

  • Full Address: 4753 Somerset Hill Ln
  • Address - House Number: 4753
  • Address - Street Name: Somerset Hill
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Riverview
  • Carrier Code: R025
  • 4-Digit Zip Code: 3026
  • Zip Code: 33578

Valuation

    Tax

  • Total Area: 1,237
  • Tax Year: 2023
  • Tax Amount: $529
  • Tax Rate Code Area: U

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 267,179
  • High Value: 320,688
  • Low Value: 213,671

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,400
  • First Open Lien Mortgage Lender: AMERICAN INTERNET MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 31, 2018
  • First Open Lien Mortgage Loan Amount: $146,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049

    Market Valuation

  • Market Total Value: $191,909
  • Market Land Value: $19,191
  • Market Improvement Value: $172,718

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,066

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 31, 2018
  • Current Sale Recording Date: Dec 31, 2018
  • Current Sale Transaction ID: 11558955467
  • Current Sale Price: $146,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018519011
  • Previous Sale Recording Date: Jul 19, 2017
  • Previous Sale Contract Date: Jul 14, 2017
  • Previous Sale Amount: $136,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN INTERNET MORTGAGE INC
  • First Mortgage Transaction Date: Dec 31, 2018
  • First Mortgage Loan Amount: $146,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2049

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Frequently Asked Questions

What neighborhood is 4753 Somerset Hill Lane located in?
The 4753 Somerset Hill Lane is a other located in the neighborhood of Greater Palm River Point in Greater Palm River Point, Riverview.
What is the average sales price for listings in 4753 Somerset Hill Lane?
The average sales price for units in 4753 Somerset Hill Lane is $0 currently.

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