NOT LISTED FOR SALE

3145 Festival Dr Unit 273 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $301,000 - $326,000

2 Beds
2.5 Baths
1,110 Sq Ft
$283/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $315,000 $284 Per Sq Ft

Current estimated payment $2,461/month

2 Days on Market

Highlights

  • Gated Community
  • Patio
  • Ceramic Tile Flooring
  • Community Pool
  • Security Gate
  • Guest Parking

About This Home

As of August 2023

Welcome to this charming 2-story townhome in the heart of Margate, FL! This inviting residence features 2 bedrooms and 2.5 bathrooms, offering the perfect blend of comfort and convenience. Nestled near shopping centers, restaurants, and recreational spots, this townhome ensures an easy-going lifestyle.The kitchen awaits your personal touch and creativity, offering the opportunity to add modern updates and create your dream culinary space. The spacious bedrooms upstairs provide a tranquil retreat, while the bathrooms await a touch of rejuvenation. Although some slight renovations are needed, this townhome represents a fantastic opportunity to personalize and elevate the space to suit your unique preferences and style. Don't miss out on the chance to make this Margate gem your very own!

Last Agent to Sell the Property

Roberto Durand

United Realty Group, Inc License #3384572 Listed on: 07/21/2023

United Realty Group, Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,474

Year Built

  • Built in 1996

Lot Details

  • 990 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $221 Monthly HOA Fees

Interior Spaces

  • 1,110 Sq Ft Home
  • 2-Story Property
  • Security Gate
  • Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Water Not Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 484219312730

Community Details

Overview

  • Association fees include common areas, ground maintenance, pool(s), trash
  • Infante Plat Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,474

Year Built

Built in 1996

Lot Details

0

HOA Fees

$221 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Condominium,Townhouse
  • Directions: From 95 head west on Sample Rd. Make a left onto NW 54th Ave. Make a left into Fiesta Townhomes
  • Year Built: 1996
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1110.0
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 221.0
  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Pool(s), Trash

Lot Info

  • Parcel #: 484219312730
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 990.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4474.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 14, 2023
Sold by
Diaz Alexis Xavier and Durand Carolina L
Bought by
Riekki Rachel and Riekki Mark
Seller's Agent
Roberto Durand
United Realty Group, Inc
List Price
$290,000
Sold Price
$315,000
Premium/Discount to List
$25,000
8.62%
Views
38
Current Estimated Value
$313,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,194
Avg. Annual Appreciation
0.73%
Original Mortgage
$220,500
Outstanding Balance
$216,538
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$103,204

Purchase Details

Closed on
May 21, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Diaz Alexis Xavier and Durand Carolina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,551
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2010
Sold by
Aurora Loan Services Llc
Bought by
Federal Home Loan Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,551
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2009
Sold by
Arguello Carlos and Arguello Mercedes
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Dec 26, 2007
Sold by
Arguello Carlos and Arguello Mercedes
Bought by
Arguello Carlos

Purchase Details

Closed on
Mar 21, 2005
Sold by
Lyttle Michelle
Bought by
Arguello Carlos and Arguello Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2000
Sold by
Kozden Eric C and Kozden Lisa A
Bought by
Lyttle Michelle

Purchase Details

Closed on
Jul 13, 2000
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
May 7, 1998
Sold by
Matrix Financial Service Corp
Bought by
Kozden Eric C and Medico Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,389
Interest Rate
7.03%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Riekki Rachel $315,000 Nu World Title
Diaz Alexis Xavier $80,000 Attorney
Federal Home Loan Mortgage Corp -- Attorney
Aurora Loan Services Llc -- Attorney
Arguello Carlos -- Attorney
Arguello Carlos $194,000 --
Lyttle Michelle $98,000 --
Available Not $10,000 --
Kozden Eric C $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riekki Rachel $220,500
Previous Owner Diaz Alexis Xavier $78,551
Previous Owner Arguello Carlos M $50,000
Previous Owner Arguello Carlos $152,000
Previous Owner Lyttle Michelle $130,000
Previous Owner Kozden Eric C $90,389
Closed Arguello Carlos $19,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $315,000 +8.6% $284 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $290,000 -- $261 / Sq Ft
Source: BeachesMLS

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 $6,397 $278,770 $5,940 $272,830
2024 $5,043 $278,770 $5,940 $272,830
2023 $5,043 $194,000 $0 $0
2022 $4,474 $176,370 $0 $0
2021 $4,055 $160,340 $0 $0
2020 $3,764 $185,400 $5,940 $179,460
2019 $3,524 $175,270 $5,940 $169,330
2018 $3,111 $161,030 $5,940 $155,090
2017 $2,846 $109,530 $0 $0
2016 $2,595 $99,580 $0 $0
2015 $2,445 $90,530 $0 $0
2014 $2,236 $82,300 $0 $0
2013 -- $78,360 $5,940 $72,420
Source: Public Records

Agents Affiliated with this Home

  • Roberto Durand

    Seller's Agent in 2023

    Roberto Durand

    United Realty Group, Inc

    (954) 798-8688

    2 in this area

    27 Total Sales

    Roberto Durand
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Map

Source: BeachesMLS

MLS Number: R10905935

BeachesMLS

APN: 48-42-19-31-2730

Florida Broward County Margate 33063 Coral Lake

3145 Festival Dr Unit 273, Margate, FL

This home is located at 3145 Festival Dr Unit 273, Margate, FL 33063 since 21 July 2023 and is currently estimated at $313,806, approximately $282 per square foot. This property was built in 1996. 3145 Festival Dr Unit 273 is a home located in Broward County with nearby schools including Liberty Elementary School, Margate Middle School, and Monarch 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.

BeachesMLS 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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