NOT LISTED FOR SALE

5576 Lakewood Cir W Unit B Margate, FL 33063

Estimated Value: $237,000 - $346,000

2 Beds
2 Baths
1,300 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $217,000 $167 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,148/month

73 Days on Market

Highlights

  • Wood Flooring
  • Community Pool
  • Eat-In Kitchen
  • Garden View
  • 1 Car Attached Garage
  • Patio

About This Home

As of September 2020

Beautiful villa with 1 car garage 2 beds / 2 baths with 3rd converted bedroom, upgraded kitchen and bathrooms, new roof 2020, New HVAC, Stainless Steel appliances. Close to shopping center and minutes away from main highways. Low HOA Only $370 Quarterly. Amenities include Clubhouse, Gym, Pool, Paint exterior every 7 years, Basic Cable and Landscape care. RENTED for $1750 on a month to month. Nice Tenants, they want to stay, please do not disturb tenants. Showing by appointment only. Excellent for Investors! Property qualifies for FHA and VA loans. Don't miss out on this great opportunity. Move quick it wont last long!

Last Agent to Sell the Property

Ana Ibanez

MCL Realty Group LLC License #3107673 Listed on: 06/18/2020

Last Buyer's Agent

Henry Vasquez

EXP Realty LLC License #3382734

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,946

Year Built

  • Built in 1980

Lot Details

  • 3,398

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Over 1 Space Per Unit
  • Deeded Parking

Home Design

  • Villa
  • Property Attached

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • Northeast Facing Home

Listing and Financial Details

  • Assessor Parcel Number 484231071820

Community Details

Overview

  • Association fees include maintenance structure
  • Lakewood On The Green Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,946

Year Built

Built in 1980

Lot Details

0

HOA Fees

$123 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Atlantic East of 441
  • Year Built: 1980
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Convertible Bedroom, Dual Sinks, Eat-in Kitchen, First Floor Entry, Living/Dining Room, Main Level Master, Main Living Area Entry Level
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1300.0
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northeast
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Deeded, Garage, Two or More Spaces

Utilities

  • Laundry Features: In Garage
  • Security: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 370.0
  • Senior Community: No
  • Amenities: Pool
  • Association #2 Fee: 370.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Dogs OK, Yes

Fee Information

  • Association Fee Includes: Maintenance Structure

Lot Info

  • Parcel #: 484231071820

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3946.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Sep 30, 2020
Sold by
Quintero Monica Teresa and Recinos Monica Teresa
Bought by
Grazziani Jorge E Giron and Giron Juana
Seller's Agent
Ana Ibanez
MCL Realty Group LLC
Buyer's Agent
Henry Vasquez
EXP Realty LLC
List Price
$229,000
Sold Price
$217,000
Premium/Discount to List
-$12,000
-5.24%
Current Estimated Value
$310,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,290
Avg. Annual Appreciation
7.72%
Original Mortgage
$213,069
Outstanding Balance
$191,642
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$121,198

Purchase Details

Closed on
Feb 22, 2013
Sold by
William Saffoury P A
Bought by
Quintero Monica Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,478
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 2012
Sold by
Joseph John Wesley and Joseph Fabiola Paulo
Bought by
William Saffoury P A

Purchase Details

Closed on
May 5, 2006
Sold by
Bucaria William and Bucaria Domenica
Bought by
Paulo Joseph John Wesley and Paulo Joseph Fabiola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 28, 2000
Sold by
Synergy Investment Group Inc
Bought by
Bucaria William and Bucaria Domenica

Purchase Details

Closed on
Nov 20, 2000

Purchase Details

Closed on
Nov 7, 2000
Sold by
Clerk Of The Court
Bought by
Synergy Investment Group Inc

Purchase Details

Closed on
Oct 16, 1998
Sold by
Magee Vincent
Bought by
Moore Natalie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,200
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 1996
Sold by
Linda Vincent and Linda Magee
Bought by
Magee Vincent
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
Grazziani Jorge E Giron $217,000 Perland T&E Services Corp
Quintero Monica Teresa $84,500 Peoples Title Of South Fl
William Saffoury P A $55,300 None Available
Paulo Joseph John Wesley $245,000 S E Florida Lawyers Title In
Bucaria William $78,000 --
-- $10,000 --
Synergy Investment Group Inc $65,500 --
Moore Natalie L $76,500 --
Magee Vincent $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grazziani Jorge E Giron $213,069
Previous Owner Quintero Monica Teresa $82,478
Previous Owner Paulo Joseph John Wesley $196,000
Previous Owner Bucaria Domenica $15,000
Previous Owner Bucaria Domenica $87,200
Previous Owner Magee Vincent $15,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $217,000 -5.2% $167 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $229,000 0.0% $176 / Sq Ft
06/10/2017 06/10/17 For Rent $1,750 0.0% --
06/10/2017 06/10/17 Rented $1,750 -- --
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 $4,042 $220,950 -- --
2024 $3,956 $214,730 -- --
2023 $3,956 $208,480 $0 $0
2022 $3,772 $202,410 $0 $0
2021 $3,668 $196,520 $17,000 $179,520
2020 $4,179 $177,540 $17,000 $160,540
2019 $3,946 $165,680 $17,000 $148,680
2018 $1,184 $84,420 $0 $0
2017 $1,161 $82,690 $0 $0
2016 $1,074 $80,990 $0 $0
2015 $1,095 $80,430 $0 $0
2014 $1,096 $79,800 $0 $0
2013 -- $65,860 $14,450 $51,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10234931

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-31-07-1820