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2861 Somerset Dr

Lauderdale Lakes, FL 33311

1 bd 1 ba 748 sqft Built 1974 Lot 85,084 sqft condo
Most recent sale
$91,000
Jul 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2022 Sold $91,000 Public Record
May 17, 2022 Sold $91,000 MLS #F10312408
Feb 21, 2022 Price changed $92,000 MLS #F10312408
Dec 25, 2021 Listed $99,999 MLS #F10312408
Jun 7, 2020 Listing removed $1,000 MiamiMLS
Jan 28, 2020 Sold $50,000 MLS #A10776345
Apr 26, 2019 Sold $30,000 Public Record
Aug 1, 2017 Listing removed $39,000 BeachesMLSMatrix
Oct 1, 2016 Listed $39,000 MLS #F10033543
Jan 28, 2016 Listing removed $52,000 BeachesMLSMatrix
Jan 22, 2016 Price changed $52,000 MLS #F1356125
Sep 1, 2015 Listed $57,000 MLS #F1356125
May 1, 1980 Sold $37,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $76,970 $8,550 $85,520 $2,316
2024 $76,970 $8,550 $85,520 $2,314
2023 $69,610 $7,730 $77,340 $2,171
2022 $54,570 $1,617
2021 $44,650 $4,960 $49,610 $1,518
2020 $42,980 $4,780 $47,760 $1,470
2019 $38,550 $4,280 $42,830 $1,359
2018 $39,460 $1,288
2017 $32,290 $3,590 $35,880 $1,177
2016 $35,750 $3,970 $39,720 $1,265
2015 $36,860 $1,292
2014 $30,160 $3,350 $33,510 $1,174
2013 $30,520 $1,114
2012 $32,010 $1,069
2011 $32,280 $1,057
2010 $33,530 $975
2009 $41,910 $1,126
2008 $41,910 $1,093
2007 $54,980 $1,337

Property facts

Year built
1974
Property type
condo
Stories
1
Beds
1
Baths
1
Living area
748 sqft
Lot size
85,084 sqft
ZIP code
33311
City
Lauderdale Lakes
Street
Somerset Dr
Coordinates
26.15940, -80.19184

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$546
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2861 Somerset Dr last sell?
2861 Somerset Dr most recently sold on Jul 12, 2022 for $91,000.
What is the current tax assessment for 2861 Somerset Dr?
The most recent total assessment for 2861 Somerset Dr (year 2025) is $85,520 with $2,316 in property tax.
How does 2861 Somerset Dr's assessment compare to its last sale price?
The current assessment is 6.0% below the last sale price of $91,000.
When was 2861 Somerset Dr built?
2861 Somerset Dr was built in 1974.
How does 2861 Somerset Dr compare to others on Somerset Dr?
We track 8 other properties on Somerset Dr. Browse the list under "Other properties on Somerset Dr" to compare beds, baths, and sale history.
What are the property facts for 2861 Somerset Dr?
2861 Somerset Dr is a 1 bed, 1 bath, 748 sqft, 85,084 sqft lot condo.
Is 2861 Somerset Dr a flip candidate?
Yes — 2861 Somerset Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2861 Somerset Dr a tax-appeal candidate?
No — 2861 Somerset Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.3%
Implied 1-yr
+9.1%
2026 Q3
$534.7K
2026 Q4
$545.2K
ZIP 33311 — Median Price History + Forecast

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