$82,900
SOLD AUG 17, 2018

490 N Laurel Dr Unit 7A Margate, FL 33063

1 Bed
1.5 Baths
738 Sq Ft
$222/mo HOA Fee

Recently Sold

$112 Per Sq Ft

2% Below List Price

258 Days on Market

Highlights

  • Clubhouse
  • Screened Porch
  • Tennis Courts
  • Garden View
  • Community Pool
  • 4-minute walk to Lemon Tree Park

About This Home

As of December 2024

Beautifully Upgraded Condo Conveniently Located in Central Margate. This 1 Bed 1.5 Bath Has Been Completely Updated w/ All Modern Finishes. Zero Grout-Line Tile Throughout. Kitchen Features All Hard Wood Cabinetry and a Stainless Steel Appliance Package. Bathrooms Have All New Designer Vanities w/ Master Combo Tub/Shower Having a In-Lay within the Tub to Ceiling Tiling. All New Upgraded Floor Moldings Throughout. This Condo Is Move-In Ready w/ All Upgrades Done w/ Attention to Detail. Located in the Laurels of Margate, the Community Offers a Clubhouse w/ Pool/Spa and Tennis Courts. Close to Major Transportation, Shopping & Entertainment. Perfect for Either a Part or Full Time Resident. Owner Financing Available w/ Minimum 50% Down Payment. Not Eligible for Low Down Payment or FHA Financing

Last Agent to Sell the Property

Mark Doring

VantaSure Realty LLC License #3093883 Listed on: 11/01/2017

VantaSure Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $816

Year Built

  • Built in 1981

HOA Fees

  • $222 Monthly HOA Fees

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 738 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484231Ac0070

Community Details

Overview

  • Association fees include management, common areas, cable TV, laundry, ground maintenance, maintenance structure, parking, recreation facilities, trash
  • Laurels At Margate Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$816

Year Built

Built in 1981

Lot Details

0

HOA Fees

$222 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Atlantic Ave Between Lyons and 441 on South Side
  • Year Built: 1981
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 738.0
  • Dining Room Type: Family Room
  • Stories: 2
  • Window Features: Blinds, Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Patio, Screened
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 222.0
  • Community Features: Clubhouse, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Trash

Lot Info

  • Parcel #: 484231Ac0070
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 816.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Dec 13, 2024
Sold by
Sanchez Argentina Celeste
Bought by
Austin Kenyatta
Seller's Agent
John Fortini
VantaSure Realty LLC
Buyer's Agent
Taylor Austin
The Keyes Company
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Views
28
Current Estimated Value
$119,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,480
Avg. Annual Appreciation
15.92%
Original Mortgage
$82,500
Outstanding Balance
$82,218
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$37,799

Purchase Details

Listed on
Nov 1, 2017
Closed on
Jun 29, 2018
Sold by
Prrp Enterprises Inc
Bought by
Sanchez Argentina Celeste
Seller's Agent
Mark Doring
VantaSure Realty LLC
List Price
$84,900
Sold Price
$82,900
Premium/Discount to List
-$2,000
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$58,030
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2018
Sold by
Prrp Enterprises Inc
Bought by
Matranca Mayte B

Purchase Details

Closed on
Jun 1, 2013
Sold by
County Of Boward
Bought by
Prrp Enterprises Inc

Purchase Details

Closed on
Apr 28, 2004
Sold by
Borbor Roberto and Borbor Milagros
Bought by
Runion Gibioola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
5.36%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 4, 1996
Sold by
Cavo Terry and Cavo Carmine
Bought by
Borbor Roberto and Borbor Milagros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1985
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $110,000 Title Xperts, Llc
Warranty Deed $110,000 Title Xperts, Llc
Limited Warranty Deed $82,900 Attorney
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $33,000 None Available
Warranty Deed $79,000 Capital Abstract & Title
Warranty Deed $31,600 --
Warranty Deed $21,182 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $82,500 New Conventional
Closed $82,500 New Conventional
Previous Owner $58,030 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $59,000 Stand Alone First
Previous Owner $30,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $110,000 -3.5% $149 / Sq Ft
10/04/2024 10/04/24 Price Changed $114,000 -4.9% $154 / Sq Ft
09/26/2024 09/26/24 For Sale $119,900 +44.6% $162 / Sq Ft
08/17/2018 08/17/18 Sold $82,900 -2.4% $112 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $84,900 -- $115 / 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 $2,300 $100,510 $10,050 $90,460
2024 $2,179 $97,240 -- --
2023 $2,179 $80,370 $0 $0
2022 $1,973 $73,070 $0 $0
2021 $1,754 $66,430 $6,640 $59,790
2020 $1,735 $65,700 $6,570 $59,130
2019 $1,717 $64,380 $6,440 $57,940
2018 $1,474 $62,510 $6,250 $56,260
2017 $1,327 $48,110 $0 $0
2016 $1,041 $35,870 $0 $0
2015 $1,021 $32,610 $0 $0
2014 $933 $29,650 $0 $0
2013 -- $27,200 $2,720 $24,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10378298

BeachesMLS

APN: 48-42-31-AC-0070