NOT LISTED FOR SALE

3161 Festival Dr Unit 277 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $307,000 - $328,000

2 Beds
2.5 Baths
1,025 Sq Ft
$311/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $210,000 $205 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,196/month

90 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Security Gate
  • Community Pool
  • Open Patio
  • Laundry Room

About This Home

As of December 2018

Open house use gate code 362. Best Location in Fiesta! End unit, closest to the pool & largest floor plan in the community! Beautifully kept 2/2.5 townhome! Features spacious living room with sliding glass doors that are only steps to the pool. Dining area attached to open kitchen. Kitchen includes updated appliances along with newer full size washer and dryer. Both bedrooms are very spacious. Master Bathroom has been updated with new custom tiles and fresh paint! This end unit offers the most privacy & is closest the gate and pool. The patio is large enough to bbq and relax after a long day. This gated community has a super low HOA fee of only $159 a month! Minutes to turnpike, sawgrass & 95! 20 minutes to the beach! Close to casinos and great restaurants!

Last Agent to Sell the Property

Christiana Nardozzi

Nardozzi Homes License #3290339 Listed on: 08/22/2018

Co-Listed By

Robin Nardozzi

Nardozzi Real Estate Inc. License #3289875

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $694

Year Built

  • Built in 1997

Lot Details

  • 1,350

HOA Fees

  • $159 Monthly HOA Fees

Interior Spaces

  • 1,025 Sq Ft Home
  • 2-Story Property
  • Security Gate

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Liberty Elementary School
  • Margate Middle School
  • Monarch High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4842 19 31 2770

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, parking, pool(s), roof, security
  • Fiesta Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$694

Year Built

Built in 1997

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Main Entrance off of NW 31st StreetMain Roads are Sample Road and 441
  • Year Built: 1997
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1025.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Porch
  • Lot Features: Corner Lot
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 159.0
  • Community Features: Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Roof, Security

Schools

  • Elementary School: Liberty
  • High School: Monarch
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel #: 4842 19 31 2770
  • Zoning Description: res

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 694.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Dec 21, 2018
Sold by
Meli Jacquelyn M and Meli Jacqueline M
Bought by
Bovea Carolina
Seller's Agent
Christiana Nardozzi
Nardozzi Homes
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%
Current Estimated Value
$318,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,648
Avg. Annual Appreciation
6.98%
Original Mortgage
$206,196
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Meli Jacqueline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,910
Interest Rate
4.42%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2010
Sold by
Aurora Loan Services Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 29, 2009
Sold by
Andrew Kim
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 8, 2003
Sold by
Fratangelo Lorenzo Petrucci and Depetrucci Patricia Dimattia
Bought by
Andrew Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1999
Sold by
Matrix Financial Service Corp
Bought by
Fratangelo Lorenzo P and Depetrucci Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,200
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1996
Sold by
Pulte Home Corp
Bought by
Matrix Financial Services Corp
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
Bovea Carolina $210,000 Associated Title & Escrow Co
Meli Jacqueline M $91,080 Action Title Company
Federal Home Loan Mortgage Corp -- Action Title Company
Federal Home Loan Mortgage Corp -- Attorney
Aurora Loan Services Llc -- Attorney
Andrew Kim $138,000 --
Fratangelo Lorenzo P $86,000 --
Matrix Financial Services Corp $89,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bovea Carolina $203,607
Closed Bovea Carolina $206,196
Previous Owner Meli Jacqueline M $80,910
Previous Owner Andrew Kim R $40,000
Previous Owner Andrew Kim $139,200
Previous Owner Andrew Kim $17,400
Previous Owner Andrew Kim $120,000
Previous Owner Matrix Financial Services Corp $60,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $210,000 -4.5% $205 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $219,900 -- $215 / 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 $3,652 $201,560 -- --
2024 $3,572 $195,880 -- --
2023 $3,572 $190,180 $0 $0
2022 $3,405 $184,650 $0 $0
2021 $3,309 $179,280 $0 $0
2020 $3,251 $176,810 $0 $0
2019 $3,190 $172,840 $8,000 $164,840
2018 $1,002 $75,570 $0 $0
2017 $994 $74,020 $0 $0
2016 $930 $72,500 $0 $0
2015 $954 $72,000 $0 $0
2014 $962 $71,430 $0 $0
2013 -- $79,360 $8,000 $71,360
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Christiana Nardozzi

    Nardozzi Homes

    (561) 909-9718

    98 Total Sales

    Christiana Nardozzi
    Section Image

  • R

    Seller Co-Listing Agent in 2018

    Robin Nardozzi

    Nardozzi Real Estate Inc.

See All Agents

Map

Source: BeachesMLS

MLS Number: R10457948

BeachesMLS

APN: 48-42-19-31-2770

Florida Broward County Margate 33063 Coral Lake

3161 Festival Dr Unit 277, Margate, FL

This home is located at 3161 Festival Dr Unit 277, Margate, FL 33063 since 22 August 2018 and is currently estimated at $318,648, approximately $310 per square foot. This property was built in 1997. 3161 Festival Dr Unit 277 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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