NOT LISTED FOR SALE

490 N Laurel Dr Unit 8A Margate, FL 33063

Estimated Value: $140,702 - $261,000

2 Beds
2 Baths
1,019 Sq Ft
$258/mo HOA Fee

Last Sold October 08, 2013

Last sale price $50,000 $49 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $1,516/month

5 Days on Market

Highlights

  • Canal View
  • Screened Porch
  • Balcony
  • Clubhouse
  • Community Pool
  • 4-minute walk to Lemon Tree Park

About This Home

As of October 2013

LARGE 2/2, CANAL VIEW, CENTRALLY LOCATED IN THE HEART OF MARGATE CLOSE TO RESTAURANTS AND SHOPPING. THIS IS A FANNIE MAE HOMEPATH PROPERTY. PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN! THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINAN CING.

Last Agent to Sell the Property

Lawrence Hahn

Coldwell Banker Realty License #0316908 Listed on: 10/02/2013

Coldwell Banker Realty

Co-Listed By

Karla Totten

Inactive member License #3122824

Last Buyer's Agent

Cesar Guevara

License #0638923

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $890

Year Built

  • Built in 1981

Lot Details

  • 4.78

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,019 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Screened Porch
  • Canal Views

Flooring

  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484231AC0080

Community Details

Overview

  • Association fees include all facilities, maintenance structure
  • Laurels At Margate Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$890

Year Built

Built in 1981

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: SOUTH SIDE OF W ATLANTIC BLVD EAST OF 441
  • Year Built: 1981
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Living/Dining Room
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Parquet, Tile
  • Living Area: 1019.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • View: Canal
  • Pool Features: Association
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 258.0
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: All Facilities, Maintenance Structure

Lot Info

  • Parcel #: 484231AC0080

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 890.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2013
Closed on
Oct 8, 2013
Sold by
Federal National Mortgage Association
Bought by
Pena Jason
Seller's Agent
Lawrence Hahn
Coldwell Banker Realty
Buyer's Agent
Cesar Guevara
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%
Total Days on Market
5
Current Estimated Value
$181,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,926
Avg. Annual Appreciation
10.04%
Original Mortgage
$48,500
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2013
Sold by
Walden Bronquie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 22, 2007
Sold by
Worthington Ivan H and Comma Worthington Rhonda A
Bought by
Walden Bronquie R and Walden Alicia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 1995
Sold by
Farzanfar Mohammad R and Farzanfar Atefen
Bought by
Worthington Ivan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,050
Interest Rate
9.18%
Mortgage Type
VA
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
Pena Jason $50,000 Bayview Title Services Inc
Federal National Mortgage Association $12,800 None Available
Walden Bronquie R $175,000 Citizens Title Online Inc
Worthington Ivan H $39,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Jason A $50,000
Closed Pena Jason $48,500
Previous Owner Walden Bronquie R $175,000
Previous Owner Worthington Ivan H $110,000
Previous Owner Worthington Ivan H $70,000
Previous Owner Worthington Ivan H $41,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2013 10/08/13 Sold $50,000 -8.9% $49 / Sq Ft
10/02/2013 10/02/13 For Sale $54,900 -- $54 / 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 -- $130,660 $13,070 $117,590
2024 $2,925 $130,660 $13,070 $117,590
2023 $2,925 $123,480 $0 $0
2022 $2,635 $112,260 $11,230 $101,030
2021 $700 $48,300 $0 $0
2020 $685 $47,640 $0 $0
2019 $665 $46,570 $0 $0
2018 $630 $45,710 $0 $0
2017 $615 $44,770 $0 $0
2016 $527 $43,850 $0 $0
2015 $532 $43,550 $0 $0
2014 $528 $43,210 $0 $0
2013 -- $35,360 $3,540 $31,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1258154

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-31-AC-0080