NOT LISTED FOR SALE

5525 Lakewood Cir N Unit 211 Margate, FL 33063

Estimated Value: $157,070 - $197,000

2 Beds
2 Baths
970 Sq Ft
$558/mo HOA Fee

Last Sold September 01, 2023

Last sale price $163,000 $168 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,780/month

19 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Heated Community Pool
  • Clubhouse
  • Garden View
  • Tennis Courts

About This Home

As of September 2023

**INVESTORS DREAM-WILL BE RENTED FROM DAY 1—ALL AGES & IMMEDIATE RENTING OK! THIS SPACIOUS 2/2 CORNER CONDO CENTRALLY LOCATED IS AN EXCELLENT INVESTMENT OPPORTUNITY PROPERTY FEATURES LAMINATE FLOORING IN BOTH BEDROOMS, A/C REPLACED IN 2020 AND ALL APPLIANCES ARE UNDER 5 YEARS OLD. PLENTY OF CLOSET SPACE, AN ENCLOSED PATIO WITH PEACEFUL GARDEN VIEWS- ALL IN A LOVELY COMPLEX WITH CLUBHOUSE, HEATED POOL, TENNIS COURTS AND FITNESS CENTER. EACH UNIT HAS ADDITIONAL STORAGE AND LAUNDRY IS ON EACH FLOOR. 2 PETS ALLOWED UP TO 25LBS EACH. SELLER TO LEASE-BACK PROPERTY FROM DATE OF CLOSING AT $1500 P/M FOR ANNUAL LEASE W/ OPTION TO RENEW. IMMEDIATE CASH FLOW AND NO WORK NEEDS TO BE DONE WHILE SELLER OCCUPIES CONDO. RENTAL COMPS ONCE PROPERTY IS REMODELED IS AROUND $2,000 P/M GENERATING A 7% ROI!

Last Agent to Sell the Property

Mitchell Lvovsky

Cutting Edge Investments & Realty Inc License #3256718 Listed on: 07/14/2023

Last Buyer's Agent

Eric Trinh

Momentum Luxury Real Estate, LLC. License #3569187

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $395

Year Built

  • Built in 1974

Lot Details

  • 3.08

HOA Fees

  • $558 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 970 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484231AA0110

Community Details

Overview

  • Lakewood On The Green Condos
  • Lakewood On The Green Con Subdivision

Amenities

  • Trash Chute
  • Clubhouse
  • Community Center
  • Party Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$395

Year Built

Built in 1974

Lot Details

0

HOA Fees

$558 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: LAKEWOOD ON THE GREEN CON
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Wood
  • Furnished: Unfurnished
  • Living Area: 970
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Blinds
  • Bedroom Features: Other

Exterior Features

  • View: Garden View
  • Exterior Features: Exterior Cat Walk, Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Lakewood on the Green
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 558
  • Amenities: Clubhouse-Clubroom, Laundry, Community Room, Exercise Room, Storage, Heated Pool, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484231AA0110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 31, 2023
Sold by
Uszak Joan
Bought by
Trinh Eric
Seller's Agent
Mitchell Lvovsky
Cutting Edge Investments & Realty Inc
Buyer's Agent
Eric Trinh
Momentum Luxury Real Estate, LLC.
List Price
$169,990
Sold Price
$163,000
Premium/Discount to List
-$6,990
-4.11%
Views
27
Current Estimated Value
$170,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,768
Avg. Annual Appreciation
3.59%

Purchase Details

Closed on
Dec 1, 1985
Sold by
Available Not
Bought by
Available Not
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
Trinh Eric $163,000 North Star Title & Escrow
Available Not $28,214 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trinh Eric $114,100
Previous Owner Uszak Joan $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $163,000 -4.1% $168 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $169,990 -- $175 / 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 $3,489 $146,700 $14,670 $132,030
2024 $416 $146,700 $14,670 $132,030
2023 $416 $30,250 $0 $0
2022 $395 $29,370 $0 $0
2021 $377 $28,520 $0 $0
2020 $368 $28,130 $0 $0
2019 $355 $27,500 $0 $0
2018 $342 $26,990 $0 $0
2017 $331 $26,440 $0 $0
2016 $245 $25,900 $0 $0
2015 $241 $25,720 $0 $0
2014 $237 $25,520 $0 $0
2013 -- $33,120 $3,310 $29,810
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Lvovsky

    Seller's Agent in 2023

    Mitchell Lvovsky

    Cutting Edge Investments & Realty Inc

    (954) 547-1962

    80 Total Sales

    Mitchell Lvovsky
    Section Image

  • E

    Buyer's Agent in 2023

    Eric Trinh

    Momentum Luxury Real Estate, LLC.

    (954) 932-8586

    31 Total Sales

    Eric Trinh
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11419342

MIAMI REALTORS® MLS

APN: 48-42-31-AA-0110

Florida Broward County Margate 33063

5525 Lakewood Cir N Unit 211, Margate, FL

This home is located at 5525 Lakewood Cir N Unit 211, Margate, FL 33063 since 14 July 2023 and is currently estimated at $170,768, approximately $176 per square foot. This property was built in 1974. 5525 Lakewood Cir N Unit 211 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.

MIAMI REALTORS® MLS 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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