NOT LISTED FOR SALE

5401 Gate Lake Rd Unit 5401 Tamarac, FL 33319

Estimated Value: $218,000 - $251,000

2 Beds
2 Baths
820 Sq Ft
$340/mo HOA Fee

Last Sold April 17, 2020

Last sale price $145,000 $177 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,800/month

55 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • Utility Room in Garage
  • End Unit
  • Tennis Courts
  • Screened Balcony

About This Home

As of April 2020

LAKEFRONT CORNER HOME FEATURES 2 BEDS, 2 BATH, UPDATED KITCHEN, RECESS LIGHTING, SEVERAL CEILING FANS AND ONE CAR GARAGE W FULL SIZE WASHER + DRYER. ENJOY THE BEAUTIFUL VIEW FROM YOUR SCREENED IN PATIO. PET FRIENDLY COMMUNITY HAS SWIMMING POOL AND TENNIS COURTS, GREAT LOCATION NEAR SHOPPING, RESTAURANTS AND EASY ACCESS TO HIGHWAYS. ASSOCIATION DOES HAVE RESERVES. NO LEASE FIRST YEAR OF OWNERSHIP, NO FHA.

Last Agent to Sell the Property

Patty Da-Silva

Green Realty Properties Inc. License #3175566 Listed on: 01/02/2020

Last Buyer's Agent

Jessica Provost

Realty Associates Florida Prop License #3257489

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 1984

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 820 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Utility Room in Garage
  • Lake Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Garage
  • Dryer

Additional Features

  • Screened Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494111BM0190

Community Details

Overview

  • Villas At The Gate 2 Cond Condos
  • Villas At The Gate 2 Cond Subdivision
  • The community has rules related to no trucks or trailers

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,504

Year Built

Built in 1984

Lot Details

0

HOA Fees

$340 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: VILLAS AT THE GATE 2 COND
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Utility/Laundry In Garage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 820
  • Possible Use: Primary
  • Stories: 1
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Utility/Laundry In Garage
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Lake
  • Exterior Features: Screened Balcony
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: VILLAS AT THE GATE 2 COND
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 340
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 494111BM0190
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2504

Multi Family

  • Maintenance Expense: 340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Apr 15, 2020
Sold by
Durfee Michael S and Andade Sahsha
Bought by
Palmer Lauren and Palmer Glen T
Seller's Agent
Patty Da-Silva
Green Realty Properties Inc.
Buyer's Agent
Jessica Provost
Realty Associates Florida Prop
List Price
$148,000
Sold Price
$145,000
Premium/Discount to List
-$3,000
-2.03%
Current Estimated Value
$228,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,212
Avg. Annual Appreciation
8.55%
Original Mortgage
$142,373
Outstanding Balance
$126,362
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$101,850

Purchase Details

Closed on
Mar 26, 2004
Sold by
Fallacaro Robert
Bought by
Durfee Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,150
Interest Rate
5.53%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2001
Sold by
Nacchio Peter V and Nacchio Amelia M
Bought by
Fallacaro Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Interest Rate
6.72%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 1989
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 Buyer Sale Price Title Company
Palmer Lauren $145,000 Attorney
Durfee Michael S $126,000 Title Masters Usa Inc
Fallacaro Robert $100,000 First American Title Ins Co
Available Not $39,286 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Lauren $142,373
Previous Owner Durfee Michael S $123,150
Previous Owner Fallacaro Robert $97,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2020 04/17/20 Sold $145,000 -2.0% $177 / Sq Ft
01/02/2020 01/02/20 For Sale $148,000 -- $180 / 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 $3,109 $152,670 -- --
2024 $3,040 $148,370 -- --
2023 $3,040 $144,050 $0 $0
2022 $2,835 $139,860 $0 $0
2021 $2,766 $135,790 $13,580 $122,210
2020 $3,317 $119,280 $11,930 $107,350
2019 $2,504 $123,140 $12,310 $110,830
2018 $3,027 $106,780 $10,680 $96,100
2017 $2,867 $97,970 $0 $0
2016 $2,995 $89,070 $0 $0
2015 $2,590 $80,980 $0 $0
2014 $2,469 $73,620 $0 $0
2013 -- $66,930 $6,690 $60,240
Source: Public Records

Agents Affiliated with this Home

  • Patty Da-Silva

    Seller's Agent in 2020

    Patty Da-Silva

    Green Realty Properties Inc.

    (954) 667-7253

    487 Total Sales

    Patty Da-Silva
    Section Image

  • J

    Buyer's Agent in 2020

    Jessica Provost

    Realty Associates Florida Prop

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10793212

MIAMI REALTORS® MLS

APN: 49-41-11-BM-0190

Florida Broward County Tamarac 33319

5401 Gate Lake Rd Unit 5401, Tamarac, FL

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