NOT LISTED FOR SALE

5535 N Lakewood Cir Unit 314 Margate, FL 33063

Estimated Value: $156,218 - $213,000

2 Beds
2 Baths
1,020 Sq Ft
$448/mo HOA Fee

Last Sold January 06, 2020

Last sale price $110,000 $108 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,720/month

166 Days on Market

Highlights

  • Garden View
  • Screened Balcony
  • Central Heating and Cooling System
  • Community Pool
  • Ceramic Tile Flooring
  • Combination Dining and Living Room

About This Home

As of January 2020

LOCATION, LOCATION!!! Great condominium located close to shopping center, Florida Turnpike and many other facilities!! It has 2 bedrooms and 2 bathrooms, first floor, all tiled. Laundry room in same floor just around the corner! Family oriented neighborhood. Unit is perfect for investors as well: it is rented for $1350 monthly with excellent tenants!

Last Agent to Sell the Property

Gabriela Sordo

EXP Realty LLC License #3110637 Listed on: 06/03/2019

EXP Realty LLC

Last Buyer's Agent

Lorena Cajas

Belhouse Real Estate, LLC License #3376277

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,868

Year Built

  • Built in 1974

Lot Details

  • 3.08

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Garden Apartment

Interior Spaces

  • 1,020 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views
  • Washer

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Liberty Elementary School
  • Margate Middle School
  • Coconut Crk High School

Additional Features

  • Screened Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484231AA0240

Community Details

Overview

  • Low-Rise Condominium
  • Lakewood On The Green Condos
  • Lakewood On The Green 1 C,Lakewood On The Gree Subdivision
  • The community has rules related to no recreational vehicles or boats

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,868

Year Built

Built in 1974

Lot Details

0

HOA Fees

$448 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Directions: Association approval. Lease expire on december 14th, 2019. After that tenant will stay in a month to month lease (if not purshase contract) and willing to stay or leave. 45-60 notice for tenants to vacate. Association has reserves. No min. DP required.
  • 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 1 C,LAKEWOOD ON THE GREE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1020
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden View
  • Exterior Features: Screened Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKEWOOD ON THE GREEN
  • Parking Features: 1 Space, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 448
  • Amenities: Laundry, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Liberty
  • High School: Coconut Crk High
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel Number: 484231AA0240
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 448

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Dec 17, 2019
Sold by
Buildmar Llc
Bought by
Aleman Ivan and Sarmiento Aleman Paola M
Seller's Agent
Gabriela Sordo
EXP Realty LLC
Buyer's Agent
Lorena Cajas
Belhouse Real Estate, LLC
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$179,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,555
Avg. Annual Appreciation
8.86%
Original Mortgage
$77,000
Outstanding Balance
$68,178
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$109,523

Purchase Details

Closed on
Feb 23, 2017
Sold by
Colonelmsc Enterprises Llc
Bought by
Buildmar Llc

Purchase Details

Closed on
Oct 6, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Colonelmsc Enterprises Llc

Purchase Details

Closed on
Feb 17, 2014
Sold by
Pnc Mortgage
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Nov 19, 2013
Sold by
Hoffer Dawn and Payton Roofing Inc
Bought by
Pnc Mortgage

Purchase Details

Closed on
Nov 16, 2012
Sold by
Hoffer Dawn
Bought by
Lakewood On The Green Condominium 1 Asso

Purchase Details

Closed on
Jul 31, 2002
Sold by
Tribbey Melvin F and Estate Of Berea Carmel Tribbey
Bought by
Hoffer Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,109
Interest Rate
6.53%
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
Aleman Ivan $110,000 Appletower T&E Wce Llc
Buildmar Llc $95,000 First International Title In
Colonelmsc Enterprises Llc $63,500 Weston Title & Escrow Inc
Secretary Of Housing & Urban Development -- Attorney
Pnc Mortgage $45,600 None Available
Lakewood On The Green Condominium 1 Asso -- None Available
Hoffer Dawn $70,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aleman Ivan $77,000
Previous Owner Hoffer Dawn $69,109
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $110,000 0.0% $108 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $110,000 -- $108 / 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 $3,536 $154,270 $15,430 $138,840
2024 $3,339 $154,270 $15,430 $138,840
2023 $3,339 $133,280 $0 $0
2022 $2,952 $121,170 $0 $0
2021 $2,710 $110,160 $11,020 $99,140
2020 $2,545 $102,770 $10,280 $92,490
2019 $2,152 $88,960 $8,900 $80,060
2018 $1,868 $74,580 $7,460 $67,120
2017 $1,505 $56,460 $0 $0
2016 $1,492 $58,030 $0 $0
2015 $1,465 $54,800 $0 $0
2014 $400 $58,630 $0 $0
2013 -- $36,300 $3,630 $32,670
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gabriela Sordo

    EXP Realty LLC

    10 Total Sales

    Gabriela Sordo
    Section Image

  • L

    Buyer's Agent in 2020

    Lorena Cajas

    Belhouse Real Estate, LLC

    (305) 866-0777

    26 Total Sales

    Lorena Cajas
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10677492

MIAMI REALTORS® MLS

APN: 48-42-31-AA-0240

Florida Broward County Margate 33063

5535 N Lakewood Cir Unit 314, Margate, FL

This home is located at 5535 N Lakewood Cir Unit 314, Margate, FL 33063 since 03 June 2019 and is currently estimated at $179,555, approximately $176 per square foot. This property was built in 1974. 5535 N Lakewood Cir Unit 314 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.

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