NOT LISTED FOR SALE

550 NW 77th Ave Unit 208 Margate, FL 33063

Estimated Value: $109,000 - $122,000

2 Beds
2 Baths
990 Sq Ft
$279/mo HOA Fee

Last Sold September 17, 2021

Last sale price $80,000 $81 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,002/month

12 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Screened Porch
  • Senior Community
  • Garden View
  • Community Pool

About This Home

As of September 2021

DESIRED, CORNER 2 BEDROOM, 2 FULL BATH CONDO IN ORIOLE GARDENS 2, WALK-IN CLOSETS, ENCLOSED PATIO. CLOSE TO THE SHOPPING AREA, THE COMMUNITY HAS A WELL-MAINTAINED CLUBHOUSE, LOTS OF AMENITIES, AND A POOL, WITHIN WALKING DISTANCE FROM THE CONDO. THIS IS A 55 AND OLDER COMMUNITY, NO RENTALS, NO PETS, ANNUAL INCOME BETWEEN $25,000 AND $30,000, FICA SCORE 700+, 20% DOWN PAYMENT, 6 MONTHS MAINTENANCE IN ADVANCE, TO BE HELD FOR 18 MONTHS, APPLICATION AND INTERVIEW. PLEASE GO TO BROKER REMARKS FOR VERY IMPORTANT INFORMATION.

Last Agent to Sell the Property

Fazal Deen

Rent1 Sale1 Realty Sunrise License #3127406 Listed on: 08/05/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 1974

Lot Details

  • 1,089

HOA Fees

  • $279 Monthly HOA Fees

Interior Spaces

  • 990 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Screened Porch
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484135JA0160

Community Details

Overview

  • Senior Community
  • Association fees include amenities, common areas, cable TV, maintenance structure, water
  • Oriole Gardens Two Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Billiard Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,488

Year Built

Built in 1974

Lot Details

0

HOA Fees

$279 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: WEST ON ATLANTIC, GO PAST ROCK ISLAND ROAD, TO ORIOLE GARDENS 2 ON THE NORTHSIDE, TURN RIGHT ON 77 AVE, TO FIRST BLDG # 42 ON RIGHT SIDE.
  • Year Built: 1974
  • Carport Y N: No
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Other, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 990.0
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Garden
  • Pool Features: Association
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 838.0
  • Community Features: Non-Gated
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Laundry, Barbecue, Picnic Area, Pool
  • Association Fee Frequency: Quarterly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Amenities, Common Areas, Cable TV, Maintenance Structure, Water

Lot Info

  • Parcel #: 484135JA0160

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1488.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 16, 2021
Sold by
Hoyes Linda J and Hoyes Family Trust
Bought by
Lee Patrine and Lawrence Ricardo
Seller's Agent
Fazal Deen
Rent1 Sale1 Realty Sunrise
List Price
$89,000
Sold Price
$80,000
Premium/Discount to List
-$9,000
-10.11%
Current Estimated Value
$113,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,293
Avg. Annual Appreciation
10.38%
Original Mortgage
$60,000
Outstanding Balance
$55,422
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$62,749

Purchase Details

Closed on
Jan 5, 2018
Sold by
Hoyes Linda J
Bought by
Hoyes Linda J and Hoyes Family Trust

Purchase Details

Closed on
Dec 7, 2007
Sold by
Hoyes Linda J
Bought by
Hoyes Linda J and The Linda J Hoyes Revocable Living Trust

Purchase Details

Closed on
Jan 26, 2001
Sold by
Hasson Barry and Hasson Toby
Bought by
Hoyes Linda

Purchase Details

Closed on
Mar 1, 1985
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
Lee Patrine $80,000 Attorney
Hoyes Linda J -- Attorney
Hoyes Linda J -- Attorney
Hoyes Linda $32,000 --
Available Not $28,286 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Patrine $60,000
Previous Owner Hoyes Linda $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $80,000 -10.1% $81 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $89,000 -- $90 / 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 $1,257 $89,110 -- --
2024 $1,216 $86,600 -- --
2023 $1,216 $84,080 $0 $0
2022 $1,142 $81,640 $8,160 $73,480
2021 $1,554 $55,190 $0 $0
2020 $1,488 $64,260 $6,430 $57,830
2019 $1,376 $56,370 $5,640 $50,730
2018 $1,224 $49,470 $4,950 $44,520
2017 $1,172 $37,710 $0 $0
2016 $1,033 $34,290 $0 $0
2015 $956 $31,180 $0 $0
2014 $916 $28,350 $0 $0
2013 -- $25,780 $2,580 $23,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10295727

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-35-JA-0160