NOT LISTED FOR SALE

Palm Springs II 1550 NW 80th Ave Unit 407 Margate, FL 33063

Estimated Value: $116,000 - $185,000

2 Beds
2 Baths
1,000 Sq Ft
$620/mo HOA Fee

Last Sold June 04, 2024

Last sale price $182,500 $182 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,700/month

211 Days on Market

Highlights

  • Water Views
  • Senior Community
  • Sauna
  • Heated Pool
  • Clubhouse
  • Sun or Florida Room

About This Home

As of June 2024

MARGATE FLORIDA ON ORIOLE GOLF COURSE. 2023 YEAR END FINANCIAL REPORT SHOWED RESERVES PLUS CASH ON HAND OVER $1.4 MILLION DOLLARS. APPROVED 2024 BUDGET WILL ADD OVER 1.0 MILLION DOLLARS TO RESERVES. 40 YEAR INSPECTION COMPLETED & REQUIREMENTS ARE DONE. SELLER WILL PAY $3,200 ELEVATOR MODERNIZATION ASSESSMENT. PANORAMIC PENTHOUSE VIEW. LARGE FLORIDA ROOM WITH IMPACT WALL OF GLASS. SPACIOUS IMMACULATE. BIG FRONT LOAD WASHER AND DRYER. SPLIT BEDROOM PLAN. TOTAL OF 5 CLOSETS + BIG STORAGE LOCKER. CLUBHOUSE, GYM, SAUNAS, LIBRARY, BILLIARDS. BEAUTIFUL KITCHEN, WOOD CABINETS, GRANITE COUNTERS, UNDERMOUNT SINK. STAINLESS REFRIGERATOR DOUBLE DUTCH DOORS FREEZER ON BOTTOM. KITCHENAID INSIDE STAINLESS DISHWASHER. BUILT IN MICROWAVE, SMOOTH TOP RANGE. 2 BEAUTIFUL BATHROOMS. CALL ME NOW AND SEE

Last Agent to Sell the Property

Sven Englund

Realty Home Advisors Inc License #0361148 Listed on: 11/05/2023

Realty Home Advisors Inc

Last Buyer's Agent

Antoinette Cummings

Sandals Realty Group, Inc. License #3527143

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,361

Year Built

  • Built in 1978

Lot Details

  • East Facing Home

HOA Fees

  • $620 Monthly HOA Fees

Parking

  • Guest Parking

Property Views

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Entrance Foyer
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Screened Porch
  • Carpet
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Heated Pool
  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484126AK0310

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, legal/accounting, ground maintenance, pest control, pool(s), recreation facilities, reserve fund, roof, sewer, trash, water
  • 542 Units
  • Palm Springs 2 Subdivision, Penthouse With A View Floorplan
  • Car Wash Area

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Library
  • Elevator

Recreation

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,361

Year Built

Built in 1978

Lot Details

0

HOA Fees

$620 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: BUILDING 4
  • Year Built: 1978
  • Carport Y N: No
  • Entry Level: 4
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Main Living Area Entry Level, Walk-In Closet(s), Elevator
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 1000.0
  • Dining Room Type: Florida Room, Porch
  • Stories: 4
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Golf Course, Pool, Water
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Glass Enclosed, Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, One Space

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 620.0
  • Community Features: Non-Gated
  • Senior Community: Yes
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Community Kitchen, Library, Pool, Sauna, Storage, Trash, Vehicle Wash Area, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 484126AK0310

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2361.0

Multi Family

  • Number Of Units In Community: 542

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2023
Closed on
May 10, 2024
Sold by
Bomberger Deborah and Bomberger Kenneth
Bought by
Avril James
Seller's Agent
Sven Englund
Realty Home Advisors Inc
Buyer's Agent
Antoinette Cummings
Sandals Realty Group, Inc.
List Price
$210,000
Sold Price
$182,500
Premium/Discount to List
-$27,500
-13.1%
Views
156
Current Estimated Value
$152,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,920
Avg. Annual Appreciation
-10.47%
Original Mortgage
$50,000
Outstanding Balance
$49,466
Interest Rate
7.17%
Estimated Equity
$109,642

Purchase Details

Listed on
Aug 1, 2014
Closed on
Jan 30, 2015
Sold by
Brodman Seymour
Bought by
Bomberger Kenneth and Bomberger Deborah
Seller's Agent
Scott Stiepleman
The Keyes Company
Buyer's Agent
Millicent Lawrence-Kotei
Kotei Real Estate Inc
List Price
$72,900
Sold Price
$55,000
Premium/Discount to List
-$17,900
-24.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%

Purchase Details

Closed on
Aug 11, 2014
Sold by
Brodman Seymour and Brodman Millicent
Bought by
Brodman Seymour
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Avril James $182,500 Landmark Title Services
Bomberger Kenneth $55,000 Stewart Title Company
Brodman Seymour -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avril James $50,000
Open Avril James $130,675
Previous Owner Bomberger Kenneth $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $182,500 0.0% $183 / Sq Ft
04/10/2024 04/10/24 Price Changed $182,500 -13.1% $183 / Sq Ft
11/05/2023 11/05/23 For Sale $210,000 +281.8% $210 / Sq Ft
01/30/2015 01/30/15 Sold $55,000 -8.3% $55 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
12/22/2014 12/22/14 Price Changed $59,999 -14.3% $60 / Sq Ft
09/27/2014 09/27/14 Price Changed $69,999 -4.0% $70 / Sq Ft
08/01/2014 08/01/14 For Sale $72,900 -- $73 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $3,013 $168,640 $16,860 $151,780
2024 $2,794 $168,640 $16,860 $151,780
2023 $2,794 $96,580 $0 $0
2022 $2,361 $87,800 $0 $0
2021 $2,168 $79,820 $0 $0
2020 $1,996 $89,590 $8,960 $80,630
2019 $1,849 $80,380 $8,040 $72,340
2018 $1,661 $75,540 $7,550 $67,990
2017 $1,520 $54,540 $0 $0
2016 $1,308 $49,590 $0 $0
2015 $1,314 $46,790 $0 $0
2014 $1,302 $42,540 $0 $0
2013 -- $38,680 $3,870 $34,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10408226

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-26-AK-0310