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2774 Somerset Ave

Palm Bay, FL 32909

3 bd 2 ba 1,390 sqft Built 2022 Lot 10,019 sqft single_family
Most recent sale
$265,899
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2023 Sold $322,000 SpaceCoast
May 17, 2022 Sold $265,899 MLS #S5049214
Apr 14, 2021 Listed $264,900 MLS #S5049214
Jun 5, 2018 Sold $7,500 SpaceCoast
Feb 1, 2018 Listed $7,900 SpaceCoast

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $211,670 $31,000 $242,670 $3,727
2024 $211,670 $31,000 $242,670 $3,765
2023 $214,220 $25,000 $239,220 $4,514
2022 $9,350 $331
2021 $8,500 $8,500 $194
2020 $7,500 $7,500 $173
2019 $6,600 $6,600 $207
2018 $5,600 $5,600 $176
2017 $5,000 $5,000 $174
2016 $4,000 $4,000 $108
2015 $4,000 $4,000 $108
2014 $3,080 $96
2013 $2,800 $84
2012 $2,800 $67
2011 $3,500 $84
2010 $5,000 $108
2009 $8,500 $171
2008 $18,000 $338

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,390 sqft
Lot size
10,019 sqft
ZIP code
32909
City
Palm Bay
Street
Somerset Ave
Coordinates
27.92574, -80.64897

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,572
Gross rental yield
11.61%
Implied cap rate
7.54%
Trend-extrapolated value

Frequently asked questions

When did 2774 Somerset Ave last sell?
2774 Somerset Ave most recently sold on May 17, 2022 for $265,899.
What is the current tax assessment for 2774 Somerset Ave?
The most recent total assessment for 2774 Somerset Ave (year 2025) is $242,670 with $3,727 in property tax.
How does 2774 Somerset Ave's assessment compare to its last sale price?
The current assessment is 8.7% below the last sale price of $265,899.
When was 2774 Somerset Ave built?
2774 Somerset Ave was built in 2022.
How does 2774 Somerset Ave compare to others on Somerset Ave?
We track 7 other properties on Somerset Ave. Browse the list under "Other properties on Somerset Ave" to compare beds, baths, and sale history.
What are the property facts for 2774 Somerset Ave?
2774 Somerset Ave is a 3 bed, 2 bath, 1,390 sqft, 10,019 sqft lot single_family.
Is 2774 Somerset Ave a flip candidate?
Yes — 2774 Somerset Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2774 Somerset Ave a tax-appeal candidate?
No — 2774 Somerset Ave 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
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$262K
2026 Q4
$257.9K
ZIP 32909 — Median Price History + Forecast

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