NOT LISTED FOR SALE

5517 Parade Place Unit 40 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $307,788 - $321,000

2 Beds
1.5 Baths
1,110 Sq Ft
$283/Sq Ft Est. Value

Last Sold December 24, 2019

Last sale price $212,000 $191 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,155/month

17 Days on Market

Highlights

  • Community Cabanas
  • Garden View
  • Patio
  • Clubhouse
  • High Ceiling
  • Security Gate

About This Home

As of December 2019

JUST RENOVATED AND FULLY UPGRADED . Brand new modern decor tile and vinyl flooring. Freshly painted and stainless steel appliances. Patio extends out to a large and private open yard . Very rare opportunity to pick up a stylish town home at this price. When we say this won't last, we really mean it! Don't waste days to find the perfect appointment time. Get here ASAP and grab your new home!

Last Agent to Sell the Property

Joseph Ilardi

Inactive Member License #3252510 Listed on: 11/06/2019

Last Buyer's Agent

Mark Martin

Lamacchia Realty, Inc. License #3332149

Lamacchia Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $934

Year Built

  • Built in 1996

Lot Details

  • 1,002

HOA Fees

  • $158 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Interior Spaces

  • 1,110 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Garden Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Liberty Elementary School
  • Margate Middle School
  • Monarch High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 484219310400

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, pest control, pool(s), trash
  • Fiesta Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Cabanas
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$934

Year Built

Built in 1996

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: 441 to Celebration (Fiesta Entrance). Go to gate call box and dial 067 and wait for entry.
  • Year Built: 1996
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings, Pantry
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 1110.0
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Security Gate, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 158.0
  • Community Features: Clubhouse, Pool
  • Senior Community: No
  • Amenities: Cabana, Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Pest Control, Pool(s), Trash

Schools

  • Elementary School: Liberty
  • High School: Monarch
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel #: 484219310400
  • Zoning Description: x

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 934.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Dec 24, 2019
Sold by
Falken Erica R and Rosamonda Angelo
Bought by
Sydney Julio and Sydney Jesulene
Seller's Agent
Joseph Ilardi
Inactive Member
Buyer's Agent
Mark Martin
Lamacchia Realty, Inc.
List Price
$207,900
Sold Price
$212,000
Premium/Discount to List
$4,100
1.97%
Current Estimated Value
$314,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,447
Avg. Annual Appreciation
7.10%
Original Mortgage
$208,150
Outstanding Balance
$184,651
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$129,639

Purchase Details

Closed on
Sep 2, 2011
Sold by
Witt Donna L
Bought by
Falken Erica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,377
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2004
Sold by
Drake William A and Drake Jane
Bought by
Witt Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 28, 1996
Sold by
Pulte Home Corp
Bought by
Drake Jennifer E and Drake William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,650
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Sydney Julio $212,000 Title Alliance Professionals
Falken Erica R $64,000 Nationwide Land Title Inc
Witt Donna L $145,000 Prime Title Group Llc
Drake Jennifer E $85,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sydney Julio $208,150
Previous Owner Falken Erica R $142,500
Previous Owner Falken Erica R $142,500
Previous Owner Falken Erica R $142,500
Previous Owner Falken Erica R $105,000
Previous Owner Falken Erica R $62,377
Previous Owner Witt Donna L $156,000
Previous Owner Witt Donna L $137,750
Previous Owner Drake Jennifer E $85,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2019 12/24/19 Sold $212,000 +2.0% $191 / Sq Ft
11/24/2019 11/24/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $207,900 -- $187 / Sq Ft
Source: BeachesMLS

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 $3,861 $211,350 -- --
2024 $3,777 $205,400 -- --
2023 $3,777 $199,420 $0 $0
2022 $3,601 $193,620 $0 $0
2021 $3,501 $187,990 $0 $0
2020 $3,440 $185,400 $5,940 $179,460
2019 $973 $67,640 $0 $0
2018 $934 $66,380 $0 $0
2017 $936 $65,020 $0 $0
2016 $869 $63,690 $0 $0
2015 $891 $63,250 $0 $0
2014 $898 $62,750 $0 $0
2013 -- $78,360 $5,940 $72,420
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Joseph Ilardi

    Inactive Member

  • Mark Martin

    Buyer's Agent in 2019

    Mark Martin

    Lamacchia Realty, Inc.

    (781) 336-7613

    39 Total Sales

    Mark Martin
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Map

Source: BeachesMLS

MLS Number: R10575897

BeachesMLS

APN: 48-42-19-31-0400

Florida Broward County Margate 33063 Coral Lake

5517 Parade Place Unit 40, Margate, FL

This home is located at 5517 Parade Place Unit 40, Margate, FL 33063 since 06 November 2019 and is currently estimated at $314,447, approximately $283 per square foot. This property was built in 1996. 5517 Parade Place Unit 40 is a home located in Broward County with nearby schools including Liberty Elementary School, Margate Middle School, and Monarch 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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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