$130,000
SOLD JAN 5, 2017

5224 Gate Lake Rd Unit 5224 Tamarac, FL 33319

3 Beds
2.5 Baths
1,421 Sq Ft
$380/mo HOA Fee

Recently Sold

$91 Per Sq Ft

9% Above List Price

31 Days on Market

Highlights

  • Garden View
  • Tennis Courts
  • Central Heating and Cooling System
  • Community Pool
  • Ceramic Tile Flooring
  • 1 Car Garage

About This Home

As of January 2017

Highest & Best due by 1:00pm EST Wednesday, 11/16 - 3 BEDS 2.5 BATHS & 1 CAR GARAGE. UNIT NEEDS UPDATES BUT HAS GREAT POTENTIAL. BOA employees household members or business partners prohibited from purchasing. See MLS attachments for offer instructions- link. Sold AS IS - All contracts should include POF and/or Pre-Qual, if applicable. seller & listing agent has no prior history & no disclosures. NO rentals permitted 1st year owned. Buyer is solely responsible to verify HOA fees, rules, restrictions, etc.

Last Agent to Sell the Property

Steven Modica

Real Estate Home Sales Inc License #431169 Listed on: 11/04/2016

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1981

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,421 Sq Ft Home
  • 2-Story Property
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494111BJ0190

Community Details

Overview

  • Association fees include common areas, maintenance structure, pool(s)
  • Villas At Gate Condo Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1981

Lot Details

0

HOA Fees

$380 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: SEE GOOGLE MAP
  • Year Built: 1981
  • Year Built Details: Resale
  • Special Features: 5120

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 1421.0
  • Stories: 2

Exterior Features

  • View: Garden
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 380.0
  • Senior Community: No
  • Amenities: Other, Pool, Tennis Court(s)
  • Association #2 Fee: 380.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure, Other, Pool(s)

Lot Info

  • Parcel #: 494111BJ0190

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3515.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2016
Closed on
Dec 5, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Padilla Giovanni and Molina Vaneth
Seller's Agent
Steven Modica
Real Estate Home Sales Inc
List Price
$119,600
Sold Price
$130,000
Premium/Discount to List
$10,400
8.7%
Current Estimated Value
$363,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,563
Avg. Annual Appreciation
13.06%

Purchase Details

Closed on
Aug 1, 2016
Bought by
Molina Yaneth

Purchase Details

Closed on
May 23, 2013
Sold by
Ferguson Beatrice
Bought by
The Villas At The Gate Condominium Assoc

Purchase Details

Closed on
Feb 25, 2005
Sold by
Levine Donald and Levine Marianne
Bought by
Ferguson Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1988
Sold by
Available Not
Bought by
Available Not
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 Type Sale Price Title Company
Special Warranty Deed $130,000 Servicelink
Deed $121,400 --
Trustee Deed $300 None Available
Warranty Deed $189,000 Florida State Title & Escrow
Warranty Deed $56,571 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 Unknown
Previous Owner $151,200 Purchase Money Mortgage
Closed $37,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Rented $2,600 0.0% --
12/30/2022 12/30/22 Under Contract -- -- --
11/28/2022 11/28/22 Price Changed $2,600 -7.1% $1 / Sq Ft
10/31/2022 10/31/22 For Rent $2,800 +64.7% --
03/01/2018 03/01/18 Rented $1,700 -5.6% --
02/06/2018 02/06/18 Under Contract -- -- --
01/08/2018 01/08/18 Price Changed $1,800 -5.3% $1 / Sq Ft
12/22/2017 12/22/17 For Rent $1,900 0.0% --
01/05/2017 01/05/17 Sold $130,000 +8.7% $91 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $119,600 -- $84 / 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 $6,707 $264,690 -- --
2024 $6,387 $264,690 -- --
2023 $6,387 $218,760 $0 $0
2022 $5,104 $198,880 $0 $0
2021 $4,783 $180,800 $0 $0
2020 $4,483 $195,370 $19,540 $175,830
2019 $4,332 $202,080 $20,210 $181,870
2018 $3,864 $170,020 $17,000 $153,020
2017 $3,413 $123,500 $0 $0
2016 $3,898 $138,530 $0 $0
2015 $3,515 $125,940 $0 $0
2014 $3,415 $119,840 $0 $0
2013 -- $82,270 $8,230 $74,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10038473

BeachesMLS (Greater Fort Lauderdale)

APN: 49-41-11-BJ-0190