38 SOMERSET TER, PALM BEACH GARDENS, FL 33418
Parcel: 52424211200000580 · Single Family · Zoning: 001
Assessed Value (2026)
$1,042,011
Property Details
Year Built
1996
Lot Sqft
12,421
Sales History
1
$10non-market transfer
2015-09-14
Tax Assessment History
$1,042,011
Assessed (2026)
$2,090,137
Market Value
$1,042,011
Taxable Value
$21,215
Annual Tax
2025
$2,090,137
2026
$1,042,011
$2,090,137
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $1,042,011 | $2,090,137 | $1,042,011 | $21,215 | $1,260,000 | $830,137 |
| 2025 | $2,090,137 | $2,090,137 | $2,090,137 | $42,554 | $1,260,000 | $830,137 |
About 38 SOMERSET TER, PALM BEACH GARDENS, FL 33418
38 SOMERSET TER, PALM BEACH GARDENS, FL 33418 is a property built in 1996 on a 12,421 square foot lot. The property is currently owned by NEWMAN J BROWNING TRUST & NEWMAN BARBARA TRUST, 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 2015-09-14 for $10. The 2026 assessed value is $1,042,011 with a market value of $2,090,137. This breaks down to $1,260,000 for the land and $830,137 for the building.
The assessed value decreased 50% from $2,090,137 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.
There are active mortgage liens totaling $313,541 recorded against this property. 38 SOMERSET TER, 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..
Current Owner
NEWMAN J BROWNING TRUST & NEWMAN BARBARA TRUST
11 HIDDEN SPRINGS DR, PITTSFORD, NY, 14534
Since: 2026-04-03
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Est. Annual Insurance
$7,902 — $13,929
Flood $400 — $800
Property/Wind $7,502 — $13,129
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
Mortgages
ACTIVE
$333,500
OBSIDIAN FINANCIAL SERVICES INC · 2021-06-03
Est. Total Balance $313,541
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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