NOT LISTED FOR SALE

5540 Lakewood Cir S Unit E Margate, FL 33063

Estimated Value: $337,906 - $352,000

2 Beds
2 Baths
1,318 Sq Ft
$263/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $299,000 $227 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,447/month

43 Days on Market

Highlights

  • Waterfront
  • Canal View
  • Deck
  • Canal Access
  • Clubhouse
  • High Ceiling

About This Home

As of March 2023

Lovely Ready-to-Go 2/2 villa with vaulted porch converted to family room. Rarely available, directly on the canal with south exposure, total privacy, great deck with retractable awning and even accordion shutters throughout. Property is conveyed turnkey and shows immaculate: gently used by snowbirds for the last 35 years of same ownership. A/C 2016, Water Heater 2018. Low HOA maintenance fees $450/Q include basic cable with HBO, water-sewer, lawn care, exterior paint of the buildings, club house with small gym and billiards room, tennis courts, and picnic areas. Minutes away from shopping center, Turnpike & I95. SOLD AS-IS. A rare opportunity to seize!All Information is not guaranteed and all measurements are approximate and should be independently verified.

Last Agent to Sell the Property

Francine Bisson

RE/MAX Select Group License #0588452 Listed on: 02/07/2023

RE/MAX Select Group

Last Buyer's Agent

Denise Arnau

VantaSure Realty LLC License #629703

VantaSure Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,887

Year Built

  • Built in 1979

Lot Details

  • 3,400 Sq Ft Lot
  • Waterfront
  • Property is zoned R-3

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Converted Garage
  • Driveway

Home Design

  • Villa
  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,318 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Awning
  • Single Hung Metal Windows
  • Sliding Windows
  • Family Room
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer

Outdoor Features

  • Canal Access
  • Deck
  • Open Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 484231071320

Community Details

Overview

  • Association fees include management, common areas, pool(s)
  • Lakewood On The Green Sec Subdivision

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Community Pool

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,887

Year Built

Built in 1979

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: East on W Atlantic Blvd to Lakewood Cir. Left on E. Lakewood Circle to Lakewood Circle S. Left on Lakewood Circle S to NW 54th Ave. Right on NW 54sth Ave and Right on NW 1st St. 5540 E on left side
  • Year Built: 1979
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, High Ceilings, Living/Dining Room, Separate Shower
  • Private Spa: No
  • Appliances: Dryer, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1318.0
  • Dining Room Type: Converted Garage, Family Room
  • Stories: 1
  • Window Features: Drapes, Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Deck, Porch, Awning(s)
  • View: Canal, Other, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • Patio And Porch Features: Deck, Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150.0
  • Community Features: Clubhouse, Non-Gated, Property Manager On-Site, Pool, Shuffleboard, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Management, Pool, Shuffleboard Court, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Pool(s)

Lot Info

  • Parcel #: 484231071320
  • Lot Size Sq Ft: 3400.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3887.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Mar 22, 2023
Sold by
Tasse Pierrette
Bought by
Shreve Stephen and Shreve Dana
Seller's Agent
Francine Bisson
RE/MAX Select Group
Buyer's Agent
Denise Arnau
VantaSure Realty LLC
List Price
$299,900
Sold Price
$299,000
Premium/Discount to List
-$900
-0.3%
Views
21
Current Estimated Value
$346,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,727
Avg. Annual Appreciation
5.79%
Original Mortgage
$239,200
Outstanding Balance
$231,677
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$115,050

Purchase Details

Closed on
Feb 21, 2019
Sold by
Tasse Pierreette
Bought by
Tasse Pierrette and Denis Daniel

Purchase Details

Closed on
Apr 1, 1988
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
Shreve Stephen $299,000 None Listed On Document
Tasse Pierrette -- Attorney
Available Not $51,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shreve Stephen $239,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $299,000 -0.3% $227 / Sq Ft
02/07/2023 02/07/23 For Sale $299,900 -- $228 / 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 $5,800 $295,610 $20,400 $275,210
2024 $4,976 $295,610 $20,400 $275,210
2023 $4,976 $172,820 $0 $0
2022 $4,187 $157,110 $0 $0
2021 $3,799 $142,830 $0 $0
2020 $3,474 $181,730 $20,400 $161,330
2019 $3,247 $169,870 $20,400 $149,470
2018 $2,724 $133,420 $13,600 $119,820
2017 $2,516 $97,570 $0 $0
2016 $2,323 $88,700 $0 $0
2015 $2,151 $80,640 $0 $0
2014 $1,988 $73,310 $0 $0
2013 -- $66,650 $14,450 $52,200
Source: Public Records

Agents Affiliated with this Home

  • Francine Bisson

    Seller's Agent in 2023

    Francine Bisson

    RE/MAX

    (954) 899-4494

    68 Total Sales

    Francine Bisson
    Section Image
  • Denise Arnau

    Buyer's Agent in 2023

    Denise Arnau

    VantaSure Realty LLC

    (954) 415-9367

    24 Total Sales

    Denise Arnau
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10864389

BeachesMLS

APN: 48-42-31-07-1320

Florida Broward County Margate 33063

5540 Lakewood Cir S Unit E, Margate, FL

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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