NOT LISTED FOR SALE

1201 SW 50th Ave Unit 1024 North Lauderdale, FL 33068

Margate Estates Neighborhood

Estimated Value: $198,961

2 Beds
2 Baths
894 Sq Ft
$285/mo HOA Fee

Last Sold September 04, 2016

Last sale price $50,550 $57 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $1,714/month

12 Days on Market

Highlights

  • Garden View
  • Tile Flooring
  • Central Heating and Cooling System
  • Community Pool
  • Outdoor Grill

About This Home

As of September 2016

2 Bedroom/ 2 Bath First Floor Condo located in Silver Palms in N. Lauderdale. The Development is East of SR 441. The Complex has a community pool and play area. Close to major roadways, public transportation, schools, shopping, hospitals and Houses of Worship. Must See. Will Not Last. Choose FHA Financing to Qualify for $100.00 Down Payment.

Last Listed By

Lorraine Beckman

The Keyes Company License #0165975 Listed on: 03/30/2016

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $383

Year Built

  • Built in 1975

Lot Details

  • 7

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 894 Sq Ft Home
  • 2-Story Property
  • Garden Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494206CK0760

Community Details

Overview

  • Silver Palms Condos
  • Silver Palms Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$383

Year Built

Built in 1975

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Directions: 595 to TPKE EXIT COMMERCIAL BLVD-WEST (LEFT) ON COMMERCIAL BLVD TO SR870 EAST-LEFT ON SR 7- RIGHT ON SW 12TH TO COMPLEX
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: SILVER PALMS
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 894
  • Possible Use: Secondary
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: Garden View
  • Exterior Features: Other, Barbeque, Tennis Court(s)
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: SILVER PALMS
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 285
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 494206CK0760
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 285

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 383

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2021
Sold by
Alejandre Virgilio
Bought by
Perez Alejandra
Total Days on Market
12
Current Estimated Value
$198,961

Purchase Details

Listed on
Mar 30, 2016
Closed on
Sep 2, 2016
Sold by
Department Of Hud
Bought by
Alejandre Virgilio
Seller's Agent
Lorraine Beckman
The Keyes Company
List Price
$50,000
Sold Price
$50,550
Premium/Discount to List
$550
1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.32%

Purchase Details

Closed on
Jul 14, 2015
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 20, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 18, 2013
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 22, 2012
Sold by
Louis Jilou and Charles Cedernier
Bought by
Bank Of America N A

Purchase Details

Closed on
Feb 7, 2012
Sold by
Louis Jilou and Charles Cedernier
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Apr 2, 2007
Sold by
Sena Michael and Novoa Hernando
Bought by
Louis Jilou and Charles Cedernier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,371
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2006
Sold by
Silver Palms Conversion Corp
Bought by
Novoa Hernando and Sena Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
6.29%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Perez Alejandra -- None Available
Alejandre Virgilio $50,600 Excel Title Inc
Secretary Of Housing & Urban Development -- Attorney
Bank Of America Na -- None Available
Secretary Of Housing & Urban Development -- Attorney
Bank Of America N A -- Attorney
Bac Home Loans Servicing Lp $15,100 None Available
Louis Jilou $194,900 Attorney
Novoa Hernando $160,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Louis Jilou $193,371
Previous Owner Novoa Hernando $16,000
Previous Owner Novoa Hernando $128,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2016 09/04/16 Sold $50,550 +1.1% $57 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $50,000 -- $56 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,749 $133,940 -- --
2024 $3,471 $133,940 -- --
2023 $3,471 $110,700 $0 $0
2022 $2,858 $100,640 $10,060 $90,580
2021 $2,224 $69,100 $0 $0
2020 $1,890 $62,820 $6,280 $56,540
2019 $1,804 $60,300 $6,030 $54,270
2018 $1,657 $62,580 $6,260 $56,320
2017 $1,464 $48,070 $0 $0
2016 $334 $46,670 $0 $0
2015 $383 $43,680 $0 $0
2014 $1,149 $29,500 $0 $0
2013 -- $26,820 $2,680 $24,140
Source: Public Records

Agents Affiliated with this Home

  • Lorraine Beckman

    Seller's Agent in 2016

    Lorraine Beckman

    The Keyes Company

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10058734

MIAMI REALTORS® MLS

APN: 49-42-06-CK-0760

Florida Broward County North Lauderdale 33068 Margate Estates

1201 SW 50th Ave Unit 1024, North Lauderdale, FL

This home is located at 1201 SW 50th Ave Unit 1024, North Lauderdale, FL 33068 since 30 March 2016 and is currently priced at $198,961, approximately $222 per square foot. This property was built in 1975. 1201 SW 50th Ave Unit 1024 is a home located in Broward County with nearby schools including Liberty Elementary School, Margate Middle School, and Coconut Creek High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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