When was property at 986 Somerset Lane built and last sold?

The property at 986 Somerset Lane was built in 1991 and last sold on Aug 25, 2023 for $592,500.

How much is this home worth?

The estimated value of the home located at 986 Somerset Lane is $0.

What are some comparable homes to 986 Somerset Lane?

There are currently no comparable homes to 986 Somerset Lane.

Brevard

32940

Fieldstone

986 Somerset Lane

Sold on Aug 25, 2023

Map

$592,500

● House - Off Market

986 Somerset Lane

Melbourne, FL 32940

3 Beds

2 Baths

2,111 Ft²

$586,695

RealtyHop Estimate

-0.56%

Since Sep 1, 2023

National-US

Primary Model

About This Property

Fabulous views! Stunning location on the lake in Suntree. Amazing sunsets. 183 feet overlooking the lake and the Arnold Palmer designed Challenge Course Signature hole #7. Solar heated pool for year round enjoyment. Owner currently uses what could be 3rd bedroom as super large study. Ideal for those working from home. 25 x 15 room could be split for a bedroom AND study. Sliders in all rooms overlooking the lake. Fireplace in formal living. Gorgeous contemporary home to make your own. Enjoy the true Florida lifestyle. Close to numerous golf courses, the river and only a short drive to the beach. 60 minutes to MCO 20 to MLB. Close to schools, shopping and all amenities.

Unit Size

2,111 Ft²

Days on Market

22 days

Land Size

0.29 acres

Price per sqft

$279

Property Type

House

Property Taxes

$230

HOA Dues

$45

Year Built

1991

Payment Calculator

Cap Rate Calculator

Last updated: 10 months ago (Space Coast MLS #971546)

Price History

Date / Event	Date	Event
Aug 28, 2023	Sold	Premium
Sold
Aug 2, 2023	Listed by RE/MAX Aerospace Realty	$590,000
Listed by RE/MAX Aerospace Realty
Sep 10, 2004	Sold	Premium
Sold
Oct 4, 2000	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

With View

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: 598
Parking Space Count: 2
Patio Type: 69
Porch Type: 126
Pool Type: 8
Location Influence Type: 101

Dimensions

Lot Size Square Feet: 12,632

Total Building Area: 3,251
Gross Building Area: 3,251
Building Area: 2,111
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,111
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: 0000000290
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 20 BLK 1

Neighborhood

School District Name: Brevard County School District

Census Tract: 064128

Zoning

Zoning: PUD

Geography

Assessors Map Reference: 245B

Account Number: 2604647
Subdivision Tract Number: 41
Parcel: 26-36-23-02-00001.0-0020.00
Block: 1
Lot: 20
Meridian: SEC 23 TWN 26S RNG 36E
Municipality: UNINCORP DISTRICT 4
Latitude: 28.2104
Longitude: -80.6937

Address

Full Address: 986 Somerset Ln

Legal Unit: 1
Address - House Number: 986
Address - Street Name: Somerset
Address - Suffix Type: Ln
State: FL
City Name: Melbourne
Carrier Code: R050
4-Digit Zip Code: 1632
Zip Code: 32940

Valuation

Tax

Total Area: 2,606

Tax Year: 2022
Tax Amount: $276,359
Tax Rate Code Area: 4200

Appraisal Valuation

Standard Deviation: 0.1714

Valuation Date: Jan 03, 2024
Confidence Score: 78
Final Value: 592,029
High Value: 693,511
Low Value: 490,547

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $412,660

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $220,510

Sales

Current Sale Contract Date: Aug 25, 2023

Current Sale Recording Date: Aug 28, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 183621
Previous Sale Recording Date: Sep 10, 2004
Previous Sale Contract Date: Sep 08, 2004
Previous Sale Amount: $365,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Due Date:

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Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Fieldstone

Stats & Trends

Median Asking:

$527,000

Sale Price/ft²

$251

Below Asking

0.02%

Average Days on Market

Average Home Size

1864 ft²

Average Home Age

34 years

Currently For Sale

1 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,550 /mo

3 Beds
2 Baths
1,811 ft²

700 Trotter Lane #204, MELBOURNE, FL, 32940 Listing by Ashley Langford

Unit for rent at 7076 Red Bay Court, Melbourne, FL, 32940

$2,750 /mo

3 Beds
2 Baths
1,769 ft²

7076 Red Bay Court, Melbourne, FL, 32940 Listing by Nicole O. Irizarry-Heisey

Unit for rent at 5272 Outlook Drive, Melbourne, FL, 32940

$2,600 /mo

3 Beds
2 Baths
1,684 ft²

5272 Outlook Drive, Melbourne, FL, 32940 Listing by Steven L Poorbaugh

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Maureen A Copeland, RE/MAX Aerospace Realty
Last Updated: 10 months ago
Data Source: Space Coast MLS, MLS# 971546

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