NOT LISTED FOR SALE

5255 Gate Lake Rd Unit 5255 Tamarac, FL 33319

Estimated Value: $335,000 - $387,000

3 Beds
2 Baths
1,650 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $150,000 $91 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,577/month

31 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • Screened Porch
  • Atrium Room
  • Tennis Courts
  • Ceramic Tile Flooring

About This Home

As of June 2016

BEAUTIFUL VIEW OF LAKE FROM THIS 3/2/1 VILLA IN TAMARAC. 1625 SQ FT OF LIVING SPACE. HUGE SCREENED IN PATIO TO HAVE YOUR COFFEE IN THE MORNING LOOKING OVER THE LAKE. ALL BEDROOM AND LIVING ARE CARPETED. TILED KITCHEN. NEW A/C 6 MOTHS OLD. ATRIUM, 1 CAR GARAGE. ALL AGES. VILLA NEEDS UPDATING. WATER IS INCLUDED WITH CABLE, HURRICANE INSURANCE. NO FLOOD INSURANCE IS REQUIRED. MUST SEE. POOL AND TENNIS COURT. OWNER WOULD LIKE TO RE-LOCATE.

Last Agent to Sell the Property

Nancy Ballhorn

Power South Realty LLC License #3087345 Listed on: 04/27/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1981

Lot Details

  • Lake Front

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Villa
  • Property Attached

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Combination Dining and Living Room
  • Atrium Room
  • Screened Porch
  • Lake Views

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 494111BJ0030

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), roof, water
  • Villas At The Gate Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,246

Year Built

Built in 1981

Lot Details

0

HOA Fees

$380 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: NORTH OF COMMERCIAL ON ROCK ISLAND TO GATE LAKE RD. LEFT AND PROPERTY IS ON THE RIGHT.
  • 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, Living/Dining Room, Custom Mirrors, Split Bedrooms, Atrium
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1650.0
  • Dining Room Type: Atrium
  • Stories: 1

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Lake
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: One Space

Utilities

  • Laundry Features: In Garage
  • Security: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Roof, Water

Lot Info

  • Parcel #: 494111BJ0030

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1246.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 18, 2016
Sold by
Matthlesen Richard A and Matthlesen Mamie
Bought by
Cisneros Karla
Seller's Agent
Nancy Ballhorn
Power South Realty LLC
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Current Estimated Value
$359,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,643
Avg. Annual Appreciation
10.94%
Original Mortgage
$142,500
Outstanding Balance
$115,860
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$266,000

Purchase Details

Closed on
Jan 29, 2013
Sold by
Matthiesen Richard A and Matthiesen Mamie
Bought by
Matthiesen Richard A and Matthiesen Mamie

Purchase Details

Closed on
Jul 9, 1990
Sold by
Harris Mel
Bought by
Matthiesen Richard A
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
Cisneros Karla $150,000 First International Title In
Matthiesen Richard A -- Attorney
Matthiesen Richard A $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cisneros Karla $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2016 06/28/16 Sold $150,000 -3.2% $91 / Sq Ft
05/29/2016 05/29/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $155,000 -- $94 / 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 $3,450 $169,230 -- --
2024 $3,375 $164,470 -- --
2023 $3,375 $159,680 $0 $0
2022 $3,155 $155,030 $0 $0
2021 $3,080 $150,520 $0 $0
2020 $3,034 $148,450 $0 $0
2019 $2,977 $145,120 $0 $0
2018 $2,882 $142,420 $0 $0
2017 $2,842 $139,500 $0 $0
2016 $1,322 $53,460 $0 $0
2015 $1,246 $53,090 $0 $0
2014 $1,249 $52,670 $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: F10008990

BeachesMLS (Greater Fort Lauderdale)

APN: 49-41-11-BJ-0030