$338,000
SOLD JAN 14, 2025

5502 Lakewood Cir S Unit C Margate, FL 33063

2 Beds
2 Baths
1,176 Sq Ft
$150/mo HOA Fee

Recently Sold

$287 Per Sq Ft

2% Above List Price

9 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Ceiling Fan
  • 1 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of January 2025

Step into this inviting 2-bedroom, 2-bathroom home, superbly sized at 1,176 sq. ft. on a 3,853 sq. ft. lot.

The expansive patio is a standout feature—ideal for hosting gatherings, soaking up the sun, or creating your private outdoor retreat. With a 1-year-old water heater already installed, you’ll appreciate the modern efficiency and value.

Located close to shopping, dining, and schools, this property offers both convenience and opportunity.

Last Agent to Sell the Property

Steven Koleno

Beycome of Florida LLC License #3469487 Listed on: 11/25/2024

Last Buyer's Agent

Maria Abreu Proenza

CGI Realty License #3281585

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,144

Year Built

  • Built in 1980

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484231071210

Community Details

Overview

  • Lakewood On The Green Condos
  • Lakewood On The Green Sec Subdivision

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,144

Year Built

Built in 1980

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Townhouse
  • Directions: Take I-95 S to Sample Rd in Pompano Beach, then head west to NW 62nd Ave and turn left onto W Lakewood Cir.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: LAKEWOOD ON THE GREEN SEC
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1176
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Bedroom Features: Other

Exterior Features

  • View: None
  • Exterior Features: Other
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Lakewood On The Green
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 450
  • Amenities: Other
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 484231071210
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Jan 10, 2025
Sold by
Freeland Ray A
Bought by
Ordenes Boris O and Delaraya Lorena Del
Seller's Agent
Steven Koleno
Beycome of Florida LLC
Buyer's Agent
Maria Abreu Proenza
CGI Realty
List Price
$329,900
Sold Price
$338,000
Premium/Discount to List
$8,100
2.46%
Total Days on Market
9
Views
11
Current Estimated Value
$337,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$702
Avg. Annual Appreciation
-0.51%
Original Mortgage
$330,484
Outstanding Balance
$329,600
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$7,698

Purchase Details

Closed on
Nov 12, 2021
Sold by
Freeland Ray A and Ayres Revocable Trust
Bought by
Freeland Ray A

Purchase Details

Closed on
Dec 7, 2001
Sold by
Ayres Patricia A and Ayres Thomas C
Bought by
Ayres Patricia A and Freeland David S

Purchase Details

Closed on
Mar 24, 2000
Sold by
Hecht Shirley
Bought by
Ayres Patricia 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 Type Sale Price Title Company
Warranty Deed $338,000 First International Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- --
Warranty Deed $81,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,484 FHA
Closed $16,524 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Sold $338,000 +2.5% $287 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
11/25/2024 11/25/24 For Sale $329,900 -- $281 / 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 -- $253,300 -- --
2024 $4,044 $246,170 -- --
2023 $4,044 $239,000 $0 $0
2022 $4,406 $232,040 $19,270 $212,770
2021 $4,668 $199,620 $19,270 $180,350
2020 $651 $72,230 $0 $0
2019 $649 $70,610 $0 $0
2018 $627 $69,300 $0 $0
2017 $628 $67,880 $0 $0
2016 $562 $66,490 $0 $0
2015 $577 $66,030 $0 $0
2014 $584 $65,510 $0 $0
2013 -- $68,620 $16,380 $52,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11699727

MIAMI REALTORS® MLS

APN: 48-42-31-07-1210