NOT LISTED FOR SALE

5524 Monte Carlo Ln Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $375,458 - $410,000

2 Beds
2.5 Baths
1,328 Sq Ft
$298/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $179,000 $135 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,549/month

137 Days on Market

Highlights

  • Community Cabanas
  • Screened Porch
  • Walk-In Closet
  • Loft
  • 1 Car Attached Garage
  • Security Guard

About This Home

As of September 2016

This beautiful townhome boasts plenty of charm! 2 bedrooms with a full-sized second floor loft. Loft legally convertible into a 3rd bedroom. Well maintained, in a stellar Margate community. New A/C installed in 2013. Enclosed back patio perfect for your relaxation. 1-car garage with opener.

Last Agent to Sell the Property

Sharon Lewis

Inactive member License #3344768 Listed on: 04/08/2016

Last Buyer's Agent

Sharon Lewis

Inactive member License #3344768 Listed on: 04/08/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 2005

Lot Details

  • 1,568

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,328 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Loft
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Schools

  • Liberty Elementary School
  • Margate Middle School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494206290370

Community Details

Overview

  • Association fees include common areas, maintenance structure, pool(s), security
  • Monte Carlo Subdivision

Recreation

  • Community Cabanas
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Phone Entry

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,186

Year Built

Built in 2005

Lot Details

0

HOA Fees

$140 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: STATE RD 7 (US 441), S.OF ATLANTIC BLVD & N.OF MCNAB RD TO MONTE CARLO TOWNHOMES ON THE EAST SIDE... ENTER ON MONTE CARLO PLACE. THROUGH SECURITY GATE..TURN RIGHT ON MONTE CARLO LN.. FOLLOW TO HOME ON THE RIGHT SIDE.
  • Year Built: 2005
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Pantry, Upper Level Master, Walk-In Closet(s), Loft
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1328.0
  • Dining Room Type: Loft
  • Stories: 2

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Other
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, One Space

Utilities

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

Condo/Co-op/Association

  • Association Fee: 140.0
  • Senior Community: No
  • Amenities: Cabana, Playground, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure, Pool(s), Security

Schools

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

Lot Info

  • Parcel #: 494206290370

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1186.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
Sep 23, 2016
Sold by
Coke Tia
Bought by
Lemos Fernanda
Seller's Agent
Sharon Lewis
Inactive member
Buyer's Agent
Sharon Lewis
Inactive member
List Price
$190,000
Sold Price
$179,000
Premium/Discount to List
-$11,000
-5.79%
Current Estimated Value
$396,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,365
Avg. Annual Appreciation
9.42%
Original Mortgage
$154,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2009
Sold by
Lasalle Bank Na
Bought by
Coke Tia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,772
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 14, 2008
Sold by
Clark Harry James
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Apr 17, 2006
Sold by
Irving Robert Andrew and Irving Linda
Bought by
Clark Harry James and Clark Latina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 28, 2005
Sold by
Monte Carlo Townhomes Of Margate Inc
Bought by
Irving Robert Andrew and Irving Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,515
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac
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
Lemos Fernanda $179,000 Supreme Title & Escrow Inc
Coke Tia $123,000 North American Title Co
Lasalle Bank Na -- Attorney
Clark Harry James $279,000 Title Express Llc
Irving Robert Andrew $199,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemos Fernando $146,516
Closed Lemos Fernanda $154,000
Previous Owner Coke Tia $19,000
Previous Owner Coke Tia $120,772
Previous Owner Clark Harry James $55,800
Previous Owner Clark Harry James $223,200
Previous Owner Irving Robert Andrew $3,298
Previous Owner Irving Robert Andrew $189,515
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $179,000 -5.8% $135 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $190,000 -- $143 / 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 $2,635 $154,360 -- --
2024 $2,572 $150,010 -- --
2023 $2,572 $145,650 $0 $0
2022 $2,444 $141,410 $0 $0
2021 $2,372 $137,300 $0 $0
2020 $2,329 $135,410 $0 $0
2019 $2,281 $132,370 $0 $0
2018 $2,141 $129,910 $0 $0
2017 $2,112 $127,240 $0 $0
2016 $1,162 $85,020 $0 $0
2015 $1,186 $84,430 $0 $0
2014 $1,186 $83,760 $0 $0
2013 -- $85,940 $20,590 $65,350
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sharon Lewis

    Inactive member

  • J

    Buyer Co-Listing Agent in 2016

    Jeanny Weinfeld

    New York Family Realty Inc

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10005692

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-06-29-0370

Florida Broward County Margate 33068 Margate Estates

5524 Monte Carlo Ln, Margate, FL

This home is located at 5524 Monte Carlo Ln, Margate, FL 33068 since 08 April 2016 and is currently estimated at $396,365, approximately $298 per square foot. This property was built in 2005. 5524 Monte Carlo Ln 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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