51 SOMERSET LN, PALM BEACH GARDENS, FL 33418
Parcel: 52424211200000510 · Single Family · Zoning: 001
Assessed Value (2026)
$875,734
Property Details
Year Built
1996
Lot Sqft
13,181
Sales History
1
$525,000
2012-06-04
Tax Assessment History
$875,734
Assessed (2026)
$1,963,415
Market Value
$875,734
Taxable Value
$17,829
Annual Tax
2025
$1,963,415
2026
$875,734
$1,963,415
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $875,734 | $1,963,415 | $875,734 | $17,829 | $1,260,000 | $703,415 |
| 2025 | $1,963,415 | $1,963,415 | $1,963,415 | $39,974 | $1,260,000 | $703,415 |
About 51 SOMERSET LN, PALM BEACH GARDENS, FL 33418
51 SOMERSET LN, PALM BEACH GARDENS, FL 33418 is a property built in 1996 on a 13,181 square foot lot. The property is currently owned by WITMONDT DONALD, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2012-06-04 for $525,000. The 2026 assessed value is $875,734 with a market value of $1,963,415. This breaks down to $1,260,000 for the land and $703,415 for the building.
The assessed value decreased 55% from $1,963,415 in 2025. The median household income in this area is $111,012, and the median home value is $576,300. The population density is 2,021 people per square mile.
51 SOMERSET LN, PALM BEACH GARDENS, FL 33418 is located in PALM BEACH GARDENS, Florida. Property records, tax assessments, sales history, and ownership information for this PALM BEACH GARDENS property are sourced from palm_beach County public records. The current assessed value represents 167% of the most recent sale price.
This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
WITMONDT DONALD
19 CANOE BROOK RD, LIVINGSTON, NJ, 07039
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$6,705 — $11,834
Flood $400 — $800
Property/Wind $6,305 — $11,034
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$111,012
Median Home Value$576,300
Pop. Density2,021/sq mi
Neighborhood 33418
77.5%
Owner-Occ
22.5%
Investor
3,637
Flips (4yr)
3,544
New Biz (3yr)
Distress Risk
MODERATE
26
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