Check Availability
$575,000
● House - In Contract

950 Somerset Lane

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,073 Ft²
$3,265
Est. Monthly
$48
HOA / Fees

About This Property

SELLER OFFERING $20k TO USE TOWARDS BUYER CLOSING COSTS OR SOLAR PAYOFF!!  Welcome to waterfront living at its finest. This fully renovated 3-bedroom, 2-bath pool home offers the perfect blend of luxury, efficiency, and Florida lifestyle. Designed for both everyday living and unforgettable entertaining, the expansive screened lanai overlooks tranquil water views and your private pool, creating the ideal setting for gatherings.  The stunning chef's kitchen is truly the heart of the home, featuring abundant prep space, a convenient mixer valet, newer stainless steel appliances, a gas range, and generous cabinetry that will delight any home cook.  Every detail has been thoughtfully updated, allowing you to enjoy modern finishes throughout. The solar-powered system keeps electric bills remarkably low, providing exceptional energy efficiency. Located in one of Suntree's most desirable communities, you'll enjoy convenient access to everything the Space Coast has to offer
Unit Size
2,073 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$277
Property Type
House
Property Taxes
$393
HOA Dues
$48
Year Built
1991

Listed By

Lisa Springer
Keller Williams Realty Brevard

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Last updated: 7 days ago (Space Coast MLS #1081366)

Price History

Date / Event Date Event Price
Oct 11, 2026 In contract -
In contract
Sep 17, 2026 Relisted $589,000
Relisted
Sep 15, 2026 In contract -
In contract
Aug 27, 2026 Price Decreased $575,000
↓ $14K (2.4%)
Price Decreased
Jul 26, 2026 Price Decreased $589,000
↓ $10K (1.7%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom - Shower No Tub
Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
Flooring Type: Laminate, Tile
Laundry Features: In Unit
Exterior Details
Square Footage: 2073
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Updated/Remodeled
Year Built: 1991
Waterfront Features: Pond
Building Area Total: 2625
Levels: One
Other Structures: Gazebo
Window Features: Skylight(s)
Construction Materials: Frame, Stucco
Patio and Porch Features: Front Porch, Patio, Screened
Pool Features: Heated, In Ground, Screen Enclosure, Solar Heat
Pool is Private
Lot Features: Few Trees
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Lot Size Square Feet: 9148
Water Source: Public
Financial Details
Tax Annual Amount: $4,722
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Jogging Path, Maintenance Grounds
HOA Fee: $250
HOA Fee Frequency: Annually
Condo/Coop Fee: $325
Condo/Coop Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 35
  • Pool Type: 8
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,874
  • Gross Building Area: 2,874
  • Building Area: 2,073
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,073
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIELDSTONE SUNTREE PUD ST 4, TR 41 UNIT
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: FIELDSTONE SUNTREE PUD ST 4, TR 41 UNIT 1 LOT 31 BLK 2

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064128

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 245B
  • Account Number: 2604718
  • Subdivision Tract Number: 41
  • Parcel: 26-36-23-02-00002.0-0031.00
  • Block: 2
  • Lot: 31
  • Meridian: SEC 23 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2081
  • Longitude: -80.6926

    Address

  • Full Address: 950 Somerset Ln
  • Legal Unit: 1
  • Address - House Number: 950
  • Address - Street Name: Somerset
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R050
  • 4-Digit Zip Code: 1630
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,572
  • Tax Year: 2022
  • Tax Amount: $394,684
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.2379
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 66
  • Final Value: 549,347
  • High Value: 680,084
  • Low Value: 418,610

    Market Valuation

  • Market Total Value: $409,210

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $321,420

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 2020
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021012281
  • Previous Sale Recording Date: Dec 31, 2014
  • Previous Sale Contract Date: Dec 29, 2014
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fieldstone


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Frequently Asked Questions

When was property at 950 Somerset Lane built and last sold?
The property at 950 Somerset Lane was built in 1991 and last sold on Dec 21, 2020 for $370,000.
How much is this home worth?
The estimated value of the home located at 950 Somerset Lane is $561,871.
What are some comparable homes to 950 Somerset Lane?
There are currently no comparable homes to 950 Somerset Lane.