$50,000
SOLD JUN 10, 2013

490 N Laurel Dr Unit A 2 Margate, FL 33063

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

Recently Sold

$49 Per Sq Ft

22% Above List Price

35 Days on Market

Highlights

  • Home fronts a canal
  • Walk-In Closet
  • Guest Parking
  • Community Pool
  • Tile Flooring
  • 4-minute walk to Lemon Tree Park

About This Home

As of June 2014

2/2 OVERLOOKING CANAL ON FIRST FLOOR. SCREENED PORCH, LARGE WALK IN CLOSET IN MASTER. CANNOT RENT FOR FIRST 3 YEARS. ASSOCIATION WILL COLLECT 18 MONTHS OF ADVANCED MAINTAINANCE.Bank of America, N.A. employees and employees' household members(including pe rsons deriving their primary means of financial support from a Bank employee)and HTS business partners of the Bank,are prohibited purchasing whether directly or or indirectly

Last Agent to Sell the Property

Fabiola Acevedo

MMLS Assoc.-Inactive Member License #3224960 Listed on: 03/19/2013

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Ana Tenaglia

The Keyes Company License #3149899

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $776

Year Built

  • Built in 1981

HOA Fees

  • $258 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,019 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Canal Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Assigned Parking

Additional Features

  • Home fronts a canal
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484231AC0020

Community Details

Overview

  • Laurels At Margate Condos

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$776

Year Built

Built in 1981

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: ATLANTIC BLVD JUST EAST OF 441 ON THE SOUTH SIDE. FIRST BUILDING ON LEFT AS YOU DRIVE IN.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Interior Amenities: First Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1019
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: Canal
  • Construction Type: CBS Construction
  • Patio And Porch Features: Screened Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: LAURELS AT MARGATE
  • Parking Features: Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 258
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 484231AC0020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 776

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2019
Sold by
Monsalve Gomez Tahiana
Bought by
Montano Lee
Current Estimated Value
$168,069

Purchase Details

Listed on
Mar 19, 2013
Closed on
Jun 5, 2013
Sold by
The Bank Of New York Mellon
Bought by
Canales Rodolfo Fabian
Seller's Agent
Fabiola Acevedo
MMLS Assoc.-Inactive Member
Buyer's Agent
Ana Tenaglia
The Keyes Company
List Price
$40,900
Sold Price
$50,000
Premium/Discount to List
$9,100
22.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%

Purchase Details

Closed on
Jan 23, 2013
Sold by
Thomas Frantz and Louis Yvette
Bought by
The Bank Of New York

Purchase Details

Closed on
Dec 29, 2009
Sold by
Louis Ivette
Bought by
Laurels At Margate Condominium Assn Inc

Purchase Details

Closed on
Jan 12, 2007
Sold by
Colangelo Amedio and Colangelo Beverly J
Bought by
Thomas Frantz and Louis Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,800
Interest Rate
5.86%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 15, 1996
Sold by
Scheinfeld Ida and Stockhammer Gloria
Bought by
Colangelo Amedio and Colangelo Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.37%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $120,000 Omega Title Florida Llc
Special Warranty Deed $50,000 Attorney
Trustee Deed $37,800 None Available
Trustee Deed -- None Available
Warranty Deed $179,000 Dba Prime Title Group
Warranty Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $35,800 Stand Alone Second
Previous Owner $143,200 New Conventional
Previous Owner $128,000 Fannie Mae Freddie Mac
Previous Owner $78,000 New Conventional
Previous Owner $65,000 Unknown
Previous Owner $54,665 New Conventional
Previous Owner $32,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $88,000 +3.7% $86 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
05/08/2014 05/08/14 Price Changed $84,900 -4.6% $83 / Sq Ft
04/25/2014 04/25/14 For Sale $89,000 +78.0% $87 / Sq Ft
06/10/2013 06/10/13 Sold $50,000 +22.2% $49 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $40,900 0.0% $40 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
03/21/2013 03/21/13 Price Changed $40,900 -7.0% $40 / Sq Ft
03/19/2013 03/19/13 For Sale $44,000 -- $43 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $1,465 $98,940 -- --
2024 $1,420 $96,160 -- --
2023 $1,420 $93,360 $0 $0
2022 $1,339 $90,650 $0 $0
2021 $1,293 $88,010 $8,800 $79,210
2020 $1,677 $105,600 $10,560 $95,040
2019 $1,968 $85,300 $8,530 $76,770
2018 $1,782 $82,820 $8,280 $74,540
2017 $1,593 $59,160 $0 $0
2016 $1,399 $53,790 $0 $0
2015 $1,800 $69,600 $0 $0
2014 $662 $44,040 $0 $0
2013 -- $36,030 $3,600 $32,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1762822

MIAMI REALTORS® MLS

APN: 48-42-31-AC-0020