Palm River-Clair Mel › Magnolia Park Central

4617 Somerset Hill Ln

Riverview, FL 33578
$215,000
2 bed2.5 bath1,320 sqftTownhome · built 2012

Listed at $163 per sq ft. Median for townhomes in Palm River-Clair Mel sold in the last 24 months: $170 per sq ft.

76 sales · Stellar MLS, credited below

What stands out about this home

Compared with townhomes like it, within product classi
Size
Larger than 20% of townhomes sold in Palm River-Clair Mel
163 townhome sales · Jan 2024 - Oct 2026
Price
Listed 12% below the typical price for a townhome its size in Palm River-Clair Mel
163 townhome sales · Jan 2024 - Oct 2026
Standout feature
No standout feature to report
Age
Newer than 23% of townhomes in Palm River-Clair Mel
337 homes · May 2023 - Oct 2026
Compared against 40 similar homes sold within 0.91 mi.

About this property

Beautiful 2/2.5 townhouse with 1,320 square feet, situated in the Magnolia Park Community, a Centex Community located in Riverview. This community offers gated access, Community pool, walking trails. This unit is located in a premium lot with conservation view and easy access to the parking area. This spacious townhouse will make you feel right at home. As you enter through the front door you will be greeted by an open floor plan with kitchen and living room areas in the first floor. You will enjoy the hardwood floors in the living room area and ceramic tile in the kitchen and bathrooms. Additionally, this unit has been upgraded with granite counter tops in the kitchen and bathrooms. Come and see it before its gone !

Property details

Year built2012
Lot size0.03 ac
HOA fee$473/mo
Days on market1
MLS#TB8545568
NingunoDishwasherDisposalMicrowaveRangeRefrigerator
All features →
  • Ninguno
  • Dishwasher
  • Disposal
  • Microwave
  • Range
  • Refrigerator
  • Carpet flooring
  • Ceramic tile flooring
  • Wood flooring
  • Central air conditioning
  • Central heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Stucco construction
  • Frame construction
  • Two stories
  • Inside laundry
  • Public utilities
  • Granite countertops

The market for homes like this

Townhomes in Palm River-Clair Mel · all sizes
Too few 2-bedroom townhome sales here to report on their own, so these cover every townhome in Palm River-Clair Mel.i
Median sold price$266,50076 sales · last 24 months
Median price per sq ft$17076 sales · last 24 months
Median rent$2,095/mo47 leases · last 12 months
Median days to lease3347 leases · last 12 months

Palm River-Clair Mel, as its listings describe it

What agents stated on listings, 2004 – 2026i
Community pool81%of 246 listings
HOA fee, median$224/moof 195 listings
Has an association62%of 444 listings
Pets allowed88%of 532 listings
Minimum lease, most commonNo Minimum49% of 310 listings · next: 1–2 Years
Lease restrictions39%of 314 listings
Association approval required30%of 239 listings
Private pool3%of 641 listings
Gated52%of 246 listings
Public water · sewer97% · 86%of 374 · 387 listings
Flood zone (A or V)18%of 386 listings
55+ communityNo100% of 445 listings · next: Yes
Homestead share Magnolia Park Central70%of 201 homes · county tax roll
Also stated: waterfront 6% of 452 listings; CDD 33% of 338.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $163 per sq ft, 4% below the $170 median for townhomes in Palm River-Clair Mel sold in the last 24 months
76 sales · last 24 months
Time on market
On the market 1 days; townhomes in Palm River-Clair Mel took a median of 47 days to sell in the last 24 months
76 sales · last 24 months
Price history
Listed at $215,000 since Sept. 3, 2026 with no price change

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$4,115 for 2025 on the listing; about $3,360 on the 2026 roll
The listing and the county roll disagree materially; both are shown
Estimated taxes at this price
i
About $2,300/yr homesteaded, $3,100/yr as an investor
Estimated: the asking price through the county's price-to-value factor, at the parcel's published millage; assessments reset at sale
Typical electric bill
i
$166/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)
Typical water and sewer
i
$98/mo at 5,000 gallons
Typical: the provider's published schedule at 5,000 gallons a month on a standard residential meter
THE NEIGHBORHOOD

Living in Palm River-Clair Mel

unincorporated Hillsborough County · Hillsborough County · ZIP 33578 · Palm River-Clair Mel (census-designated place) · Flood zone A
Explore Palm River-Clair Mel →
Homes8,125residential parcels
Median sold price$345,000229 sales · last 12 months
Vs. the prior year+3.0%229 sales this year · 293 sales the prior year
Median rent$2,300/mo108 leases · last 12 months
Homes that changed hands3%229 sales of 8,125 homes
Homestead share63%of 8,125 homes · county tax roll
Townhomes in Palm River-Clair Mel, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All townhomes · 12 months33Not enough sales yet to report on their own
2 bed · this home22Not enough sales yet to report on their own
3 bed10Not enough sales yet to report on their own
4 bed1Not enough sales yet to report on their own
All townhomes · 24 months76$266,500$2,000/mo89 leases
Median price

Palm River-Clair Mel homes sold for a median of $345,000 in the 12 months to Oct. 11, 2026.

229 sales
Price trend

That's 3.0% above the median for the 12 months before, $335,000.

229 sales this year · 293 sales the prior year
What's selling

Single-family detached homes made up 189 of the 229 sales in the same 12 months, at a median of $358,000.

189 of 229 sales

Location

4617 SOMERSET HILL LN, RIVERVIEW, FL 33578

Nearby homes for sale in Riverview

Based on information from Stellar MLS® for the period October 7, 2004 through October 11, 2026.

Listings courtesy of Stellar MLS as distributed by MLS GRID

HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.

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