NOT LISTED FOR SALE

541 Banks Rd Unit 5 Margate, FL 33063

Estimated Value: $258,000 - $326,000

2 Beds
2 Baths
1,080 Sq Ft
$275/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $175,000 $162 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,023/month

15 Days on Market

Highlights

  • Garden View
  • Tennis Courts
  • Porch
  • Community Pool
  • Billiard Room
  • 4-minute walk to Lakewood Park

About This Home

As of July 2017

Totally updated Gorgeous Villa in a well kept development. Both master and guest baths has wall to wall porcelain tile with venetian plaster ceiling, Master bath has granite counter tops with wood cabinets and under mount sink along with Kohler multi headed shower. Living and common areas boast Italian travertine rectified tile and plantation shutters along with all new window treatment throughout. Newer appliances including AC, 6" baseboard thought out and Vaulted ceilings. This one is a must see!!

Last Agent to Sell the Property

Portia Voss

Campbell Investment Realty Inc License #0682219 Listed on: 06/05/2017

Last Buyer's Agent

Roxanna Burattini

ZFC Real Estate LLC License #3303586

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,393

Year Built

  • Built in 1981

Lot Details

  • 3,267

HOA Fees

  • $169 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Home Design

  • Villa

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Open Patio
  • Porch

Additional Features

  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484231140020

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, pool(s), roof
  • Woodlake Isle Subdivision

Amenities

  • Billiard Room

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,393

Year Built

Built in 1981

Lot Details

0

HOA Fees

$169 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: FROM 441 EAST OF ATLANTIC TO BANKS RD NORTH TO WOODLAKE VILLAS ON THE LEFT. FIRST LEFT, VILLA WILL BE ON THE LEFT.
  • Year Built: 1981
  • Carport Y N: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Eat-in Kitchen, First Floor Entry, Living/Dining Room, Main Living Area Entry Level
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1080.0
  • Stories: 1

Exterior Features

  • Exterior Features: Porch
  • View: Garden
  • Pool Features: Association
  • Waterfront Features: Boat Ramp/Lift Access
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 507.0
  • Senior Community: No
  • Amenities: Boat Dock, Billiard Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Conditional, Yes

Fee Information

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

Lot Info

  • Parcel #: 484231140020

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2393.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jul 7, 2017
Sold by
Clark Randolph
Bought by
Seda Mariallis
Seller's Agent
Portia Voss
Campbell Investment Realty Inc
Buyer's Agent
Roxanna Burattini
ZFC Real Estate LLC
List Price
$170,000
Sold Price
$175,000
Premium/Discount to List
$5,000
2.94%
Current Estimated Value
$297,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,093
Avg. Annual Appreciation
6.77%
Original Mortgage
$171,830
Outstanding Balance
$148,378
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$148,715

Purchase Details

Closed on
Feb 15, 2002
Sold by
Clark Lauren
Bought by
Clark Randolph

Purchase Details

Closed on
Sep 15, 1998
Sold by
Pr Robert D Landau
Bought by
Clark Randolph and Clark Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,375
Interest Rate
6.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 1, 1981
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
Seda Mariallis $175,000 Lz Playa Title Llc
Clark Randolph -- --
Clark Randolph $62,500 --
Available Not $36,514 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seda Mariallis $171,830
Previous Owner Clark Randolph H $162,400
Previous Owner Clark Randolph H $135,000
Previous Owner Clark Randolph $10,000
Previous Owner Clark Randolph $83,200
Previous Owner Clark Randolph $10,592
Previous Owner Clark Randolph $59,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $175,000 +2.9% $162 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $170,000 -- $157 / 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 $2,823 $163,250 -- --
2024 $2,757 $158,650 -- --
2023 $2,757 $154,030 $0 $0
2022 $2,621 $149,550 $0 $0
2021 $2,545 $145,200 $0 $0
2020 $2,499 $143,200 $0 $0
2019 $2,449 $139,990 $0 $0
2018 $2,298 $137,380 $22,740 $114,640
2017 $2,809 $113,530 $0 $0
2016 $2,617 $103,210 $0 $0
2015 $2,494 $93,830 $0 $0
2014 $2,336 $85,300 $0 $0
2013 -- $83,880 $16,240 $67,640
Source: Public Records

Agents Affiliated with this Home

  • Portia Voss

    Seller's Agent in 2017

    Portia Voss

    Campbell Investment Realty Inc

    (954) 242-8393

    60 Total Sales

    Section Image

  • R

    Buyer's Agent in 2017

    Roxanna Burattini

    ZFC Real Estate LLC

    (561) 305-9003

    21 Total Sales

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10070721

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-31-14-0020

Florida Broward County Margate 33063

541 Banks Rd Unit 5, Margate, FL

This home is located at 541 Banks Rd Unit 5, Margate, FL 33063 since 05 June 2017 and is currently estimated at $297,093, approximately $275 per square foot. This property was built in 1981. 541 Banks Rd Unit 5 is a home located in Broward County with nearby schools including Liberty Elementary School, Margate Middle School, and Coconut Creek High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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