NOT LISTED FOR SALE

5530 Lakewood Cir S Unit 722 Margate, FL 33063

Estimated Value: $138,773 - $199,000

1 Bed
1 Bath
750 Sq Ft
$345/mo HOA Fee

Last Sold November 29, 2018

Last sale price $87,000 $116 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,400/month

77 Days on Market

Highlights

  • Community Pool
  • Central Heating and Cooling System
  • North Facing Home
  • Tile Flooring

About This Home

As of November 2018

MUST SEE!! Beautifully upgraded and spacious 1 br/1 ba second floor unit in Lakewood on the Green. Brand new bathroom fully renovated with dark wood-look tile, brand new vanity with new granite top, new designer sink and new mirrors, Brand new kitchen with brand new backsplash and granite counters, freshly painted interiors and brand new porcelain tiles installed in walkways. Community just recently installed a new roof and no age/rental restrictions! Investor or first time home buyer special. Easy access to Shopping, Schools, main roads and transportation.. motivated seller.

Last Agent to Sell the Property

Ravi Mohanka

Sainaam Realty & Investment License #3034455 Listed on: 08/13/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 1974

Lot Details

  • 1.81

HOA Fees

  • $345 Monthly HOA Fees

Interior Spaces

  • 750 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484231ab0220

Community Details

Overview

  • Association fees include common areas, ground maintenance
  • Lakewood On The Green 2 C Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,153

Year Built

Built in 1974

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Head east onto W Atlantic Blvd--Turn right onto Lakewood Cir-- right onto Lakewood Park Rd--Take the 1st right onto Lakewood Cir N--5530 Lakewood Cir N, on the left.
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Living Area: 750.0
  • Stories: 2

Exterior Features

  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 345.0
  • Community Features: Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds

Lot Info

  • Parcel #: 484231ab0220
  • Zoning Description: RES

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1153.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Nov 28, 2018
Sold by
Correa Gabriel Jaime and Soto Maryory
Bought by
Autex Corp
Seller's Agent
Ravi Mohanka
Sainaam Realty & Investment
List Price
$94,900
Sold Price
$87,000
Premium/Discount to List
-$7,900
-8.32%
Current Estimated Value
$159,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,693
Avg. Annual Appreciation
9.17%

Purchase Details

Listed on
Jan 30, 2017
Closed on
Mar 17, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Posada Gabriel Jamie Correa and Soto Maryory
Seller's Agent
Danny Lewis
Lewis Real Estate Group Inc
Buyer's Agent
Montserrat Martinez
Century 21 Richards Realty
List Price
$39,900
Sold Price
$45,000
Premium/Discount to List
$5,100
12.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.37%

Purchase Details

Closed on
Sep 12, 2016
Sold by
Bayview Loan Servicing Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 24, 2014
Sold by
Christensen Gary and Lakewood On The Green Condo 2
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Oct 17, 1994
Sold by
Hebling Catherine and Traynor Joan Ann
Bought by
Christensen Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.62%
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
Autex Corp $87,000 Attorney
Posada Gabriel Jamie Correa $45,000 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Bayview Loan Servicing Llc $18,100 None Available
Christensen Gary $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christensen Gary $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2018 11/29/18 Sold $87,000 -8.3% $116 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $94,900 +110.9% $127 / Sq Ft
03/17/2017 03/17/17 Sold $45,000 +12.8% $60 / Sq Ft View Prior Sale
02/15/2017 02/15/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $39,900 -- $53 / 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 $2,624 $105,410 -- --
2024 $2,493 $105,410 -- --
2023 $2,493 $87,120 $0 $0
2022 $2,033 $79,200 $0 $0
2021 $1,875 $72,000 $7,200 $64,800
2020 $1,865 $71,620 $7,160 $64,460
2019 $1,985 $76,560 $7,650 $68,910
2018 $1,199 $42,750 $4,280 $38,470
2017 $1,153 $39,250 $0 $0
2016 $1,004 $35,690 $0 $0
2015 $987 $33,700 $0 $0
2014 $1,126 $34,510 $0 $0
2013 -- $31,380 $3,140 $28,240
Source: Public Records

Agents Affiliated with this Home

  • Ravi Mohanka

    Seller's Agent in 2018

    Ravi Mohanka

    Sainaam Realty & Investment

    (561) 714-1196

    351 Total Sales

    Ravi Mohanka
    Section Image
  • Danny Lewis

    Seller's Agent in 2017

    Danny Lewis

    Lewis Real Estate Group Inc

    (954) 629-7905

    27 Total Sales

    Danny Lewis
    Section Image

  • M

    Buyer's Agent in 2017

    Montserrat Martinez

    Century 21 Richards Realty

  • M

    Buyer's Agent in 2017

    Montserrat Martinez

    United Realty Group Inc.

    (954) 226-8237

    1 Total Sale

    Montserrat Martinez
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10455506

BeachesMLS

APN: 48-42-31-AB-0220

Florida Broward County Margate 33063

5530 Lakewood Cir S Unit 722, Margate, FL

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