NOT LISTED FOR SALE

5585 Monte Carlo Place Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $378,440 - $411,000

3 Beds
2.5 Baths
1,356 Sq Ft
$293/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $285,000 $210 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,755/month

9 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Open Patio
  • Garden View
  • Porch
  • Tile Flooring

About This Home

As of June 2021

TURNKEY 3 BEDROOMS, 2.5 BATH , 1 CAR GARAGE, GATED COMMUNITY OF MONTE CARLO.
AN OPEN FLOOR PLAN WITH BRAND NEW FLOORS THROUGOUT.

Last Agent to Sell the Property

Yafit G Cohen

Cohen Realty Group License #3240294 Listed on: 05/12/2021

Last Buyer's Agent

Conroy McKenzie

CJM Realty Inc License #3376511

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,305

Year Built

  • Built in 2005

Lot Details

  • 1,568

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,356 Sq Ft Home
  • 1-Story Property
  • Garden Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 494206290850

Community Details

Overview

  • Association fees include management, common areas, maintenance structure, security
  • Monte Carlo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Phone Entry
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,305

Year Built

Built in 2005

Lot Details

0

HOA Fees

$130 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Year Built: 2005
  • Property Attached Yn: No
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Other
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 1356.0
  • Stories: 1

Exterior Features

  • Exterior Features: Porch, Patio
  • View: Garden
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Complex Fenced, Phone Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other

Condo/Co-op/Association

  • Association Fee: 130.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Pool
  • Association #2 Fee: 130.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Structure, Security

Lot Info

  • Parcel #: 494206290850

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4305.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 17, 2021
Sold by
Eliahou Eliav
Bought by
Williams Maurice and Williams Joylyn
Seller's Agent
Yafit G Cohen
Cohen Realty Group
Buyer's Agent
Conroy McKenzie
CJM Realty Inc
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$398,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,443
Avg. Annual Appreciation
8.13%
Original Mortgage
$251,722
Outstanding Balance
$230,370
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$163,570

Purchase Details

Closed on
Aug 7, 2012
Sold by
Asia Pacific Sovereign Fund Llc
Bought by
Eliahou Elia

Purchase Details

Closed on
Jun 5, 2012
Sold by
Chin Fletcher Kay
Bought by
Asia Pacific Sovereign Fund Llc

Purchase Details

Closed on
May 25, 2005
Sold by
Monte Carlo Townhomes Of Margate Inc
Bought by
Chin Fletcher Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,792
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Williams Maurice $285,000 Attorney
Eliahou Elia $97,000 Guaranty Trust & Title Inc
Asia Pacific Sovereign Fund Llc $74,200 None Available
Chin Fletcher Kay $248,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Maurice $251,722
Previous Owner Chin Fletcher Kay $198,792
Closed Chin Fletcher Kay $49,698
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $285,000 0.0% $210 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $285,000 0.0% $210 / Sq Ft
03/14/2014 03/14/14 Rented $1,350 -6.9% --
02/12/2014 02/12/14 Under Contract -- -- --
12/07/2013 12/07/13 For Rent $1,450 -- --
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 $5,333 $282,070 -- --
2024 $5,226 $274,130 -- --
2023 $5,226 $266,150 $0 $0
2022 $4,991 $258,400 $20,330 $238,070
2021 $4,626 $183,610 $0 $0
2020 $4,305 $221,930 $20,330 $201,600
2019 $4,024 $208,780 $20,330 $188,450
2018 $3,522 $188,070 $20,330 $167,740
2017 $3,165 $125,420 $0 $0
2016 $2,964 $114,020 $0 $0
2015 $2,781 $103,660 $0 $0
2014 $2,483 $94,240 $0 $0
2013 -- $85,680 $20,330 $65,350
Source: Public Records

Agents Affiliated with this Home

  • Yafit G Cohen

    Seller's Agent in 2021

    Yafit G Cohen

    Cohen Realty Group

    (954) 826-7785

    2 in this area

    63 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Conroy McKenzie

    CJM Realty Inc

    (954) 651-8877

    1 in this area

    73 Total Sales

    Section Image
  • Phil Sparrow

    Seller's Agent in 2014

    Phil Sparrow

    Charles Rutenberg Realty FTL

    (954) 347-7057

    28 Total Sales

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10279707

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-06-29-0850

Florida Broward County Margate 33068 Margate Estates

5585 Monte Carlo Place, Margate, FL

This home is located at 5585 Monte Carlo Place, Margate, FL 33068 since 12 May 2021 and is currently estimated at $397,110, approximately $292 per square foot. This property was built in 2005. 5585 Monte Carlo Place 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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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