NOT LISTED FOR SALE

5253 Gate Lake Rd Tamarac, FL 33319

Estimated Value: $359,847 - $388,000

3 Beds
2 Baths
1,650 Sq Ft
$225/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $350,000 $212 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,939/month

1 Day on Market

Highlights

  • Lake Front
  • Atrium Room
  • 1 Car Attached Garage
  • Tennis Courts
  • Community Pool
  • Walk-In Closet

About This Home

As of November 2022

Don’t miss out on the opportunity to come and see this great & spacious villa, a true 3 bedroom with breathtaking wide lake views from all back windows, sit and relax at your patio and enjoy the truly amazing sunsets from the comfort of your own home! This great property features good sized bedrooms, a large kitchen, all
new laminated flooring in the master bedroom, a new vanity and lighted mirror in the master bath, walk-in closet and was freshly painted in neutral tones. You will love the open feel of this layout and the natural light coming from all windows. This community offers a community pool and tennis courts and Water, sewer and trash are included in HOA fee as well as insurance and roof! Must see, won’t last! Investor welcome, property can be rented on the first year owned

Last Agent to Sell the Property

Sandra Stevens

Blue Realty Team, LLC License #3103464 Listed on: 09/16/2022

Last Buyer's Agent

Sandra Stevens

Blue Realty Team, LLC License #3103464 Listed on: 09/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,695

Year Built

  • Built in 1981

Lot Details

  • Lake Front
  • East Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Deeded Parking

Home Design

  • Villa
  • Property Attached

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Atrium Room
  • Lake Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Tennis Courts
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 494111BJ0020

Community Details

Overview

  • Association fees include management, amenities, common areas, insurance, ground maintenance, maintenance structure, pool(s), recreation facilities, reserve fund, roof, trash, water
  • The Villas At The Gate Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,695

Year Built

Built in 1981

Lot Details

0

HOA Fees

$400 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Rock Island Rd to Gate Lake Rd, house on your right: 5253 Gate Lake Rd, Tamarac See property video at : https://www.dropbox.com/s/afmfhfrhb97zqv5/5253%20Gate%20Lake%20Rd%20Tamarac%20Video.mp4?dl=0
  • Year Built: 1981
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry, Custom Mirrors, Main Level Master, Walk-In Closet(s), Atrium
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate, Tile
  • Living Area: 1650.0
  • Dining Room Type: Atrium
  • Stories: 1

Exterior Features

  • Exterior Features: Patio, Tennis Court(s)
  • View: Lake
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Deeded, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 400.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Association #2 Fee: 400.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Association Management, Amenities, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Reserve Fund, Roof, Trash, Water

Lot Info

  • Parcel #: 494111BJ0020

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4695.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 8, 2022
Sold by
Baumal Jeffrey S and Baumal Janean L
Bought by
Ali Andre
Seller's Agent
Sandra Stevens
Blue Realty Team, LLC
Buyer's Agent
Sandra Stevens
Blue Realty Team, LLC
List Price
$355,000
Sold Price
$350,000
Premium/Discount to List
-$5,000
-1.41%
Total Days on Market
1
Views
15
Current Estimated Value
$371,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,712
Avg. Annual Appreciation
2.59%
Original Mortgage
$332,500
Outstanding Balance
$324,042
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$49,896

Purchase Details

Closed on
Apr 26, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Nov 10, 1993
Sold by
Holan Arnold and Holan Louise
Bought by
Skolnick Allan and Skolnick Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.95%
Source: Public Records

Range of Values:

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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
Ali Andre $350,000 Title Now
Available Not $98,000 --
Skolnick Allan $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Andre $332,500
Previous Owner Baumal Jeffrey S $100,000
Previous Owner Baumal Jeff S $99,500
Previous Owner Skolnick Allan $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $350,000 -1.4% $212 / Sq Ft
09/30/2022 09/30/22 Price Changed $355,000 0.0% $215 / Sq Ft
09/30/2022 09/30/22 For Sale $355,000 +1.4% $215 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $349,999 -- $212 / 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 $6,795 $322,590 $32,260 $290,330
2024 $6,662 $322,510 $31,310 $281,810
2023 $6,662 $313,120 $31,310 $281,810
2022 $4,936 $180,140 $0 $0
2021 $4,695 $163,770 $0 $0
2020 $4,335 $208,070 $20,810 $187,260
2019 $4,333 $233,070 $23,310 $209,760
2018 $3,957 $214,210 $21,420 $192,790
2017 $3,647 $111,880 $0 $0
2016 $3,525 $101,710 $0 $0
2015 $2,933 $92,470 $0 $0
2014 $2,793 $84,070 $0 $0
2013 -- $76,430 $7,640 $68,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10348962

BeachesMLS (Greater Fort Lauderdale)

APN: 49-41-11-BJ-0020