981 Somerset Ln
Melbourne, FL 32940
4 bd 2 ba 1,988 sqft Built 1992 Lot 8,276 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $301,660 | $120,000 | $421,660 | $5,898 |
| 2024 | $301,660 | $120,000 | $421,660 | $4,806 |
| 2023 | $261,050 | $120,000 | $381,050 | $4,848 |
Property facts
Year built
1992
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,988 sqft
Lot size
8,276 sqft
ZIP code
32940
City
Melbourne
Street
Somerset Ln
Coordinates
28.21029, -80.69293
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 981 Somerset Ln last sell?
No public-record sale is on file for 981 Somerset Ln.
What is the current tax assessment for 981 Somerset Ln?
The most recent total assessment for 981 Somerset Ln (year 2025) is $421,660 with $5,898 in property tax.
When was 981 Somerset Ln built?
981 Somerset Ln was built in 1992.
How does 981 Somerset Ln compare to others on Somerset Ln?
We track 8 other properties on Somerset Ln. Browse the list under "Other properties on Somerset Ln" to compare beds, baths, and sale history.
What are the property facts for 981 Somerset Ln?
981 Somerset Ln is a 4 bed, 2 bath, 1,988 sqft, 8,276 sqft lot single_family.
Is 981 Somerset Ln a flip candidate?
No — 981 Somerset Ln does not appear in our flips dataset.
Is 981 Somerset Ln a tax-appeal candidate?
No — 981 Somerset Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$537.5K
2026 Q4
$542.1K
ZIP 32940 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset Ln