NOT LISTED FOR SALE

5607 Coral Lake Dr Unit 107 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $168,644 - $237,000

2 Beds
2 Baths
990 Sq Ft
$278/mo HOA Fee

Last Sold March 21, 2021

Last sale price $122,500 $124 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,531/month

231 Days on Market

Highlights

  • Community Pool
  • Ceiling Fan
  • 5-minute walk to Coral Gate Park
  • Central Heating and Cooling System

About This Home

As of March 2021

Back on market. Easy access first floor corner unit, wide lake view, close to parking. Close to pool and clubhouse. Association requires 15% downpayment.

Last Agent to Sell the Property

Steven Koleno

Beycome of Florida LLC License #3469487 Listed on: 07/02/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $631

Year Built

  • Built in 1979

Lot Details

  • 1,133

HOA Fees

  • $278 Monthly HOA Fees

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Built-In Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484219aa0070

Community Details

Overview

  • Association fees include common areas, cable TV, pest control, pool(s), sewer, trash, water
  • Coral Gate 1 Condo Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$631

Year Built

Built in 1979

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Enter on coral lake drive, turn left, east end of first building.
  • Year Built: 1979
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Living Area: 990.0
  • Stories: 1

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • 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: 278.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Pest Control, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 484219aa0070
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 631.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Mar 16, 2021
Sold by
Agatstein Rita
Bought by
Caicedo Jose Luis
Seller's Agent
Steven Koleno
Beycome of Florida LLC
List Price
$132,495
Sold Price
$122,500
Premium/Discount to List
-$9,995
-7.54%
Current Estimated Value
$197,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,161
Avg. Annual Appreciation
10.48%
Original Mortgage
$85,750
Outstanding Balance
$77,737
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$114,106

Purchase Details

Closed on
May 29, 2019
Sold by
Agatstein Rita
Bought by
Agatstein Larry and Agatstein Rita

Purchase Details

Listed on
Aug 21, 2013
Closed on
Oct 10, 2013
Sold by
Rothenberg Muriel
Bought by
Agatstein Rita
Seller's Agent
Steve Nadler
Realty Express
Buyer's Agent
John Barbone
Choice Realty Group Inc
List Price
$8,190
Sold Price
$75,000
Premium/Discount to List
$66,810
815.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%

Purchase Details

Closed on
Feb 10, 2006
Sold by
Rothenberg Muriel
Bought by
Rothenberg Muriel and Muriel Rothenberg Living Trust

Purchase Details

Closed on
Nov 1, 1992
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
Caicedo Jose Luis $122,500 Attorney
Agatstein Larry -- Attorney
Agatstein Rita $75,000 Sterling Title Partners Inc
Rothenberg Muriel -- Attorney
Available Not $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caicedo Jose Luis $50,100
Open Caicedo Jose Luis $85,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2021 03/21/21 Sold $122,500 -7.5% $124 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
07/02/2020 07/02/20 For Sale $132,495 +76.7% $134 / Sq Ft
10/11/2013 10/11/13 Sold $75,000 +815.8% $63 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $8,190 -- $7 / 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 $2,401 $142,690 -- --
2024 $2,341 $138,670 $13,630 $122,700
2023 $2,341 $134,640 $0 $0
2022 $2,223 $130,720 $13,070 $117,650
2021 $2,677 $107,910 $10,790 $97,120
2020 $2,632 $106,020 $10,600 $95,420
2019 $913 $60,450 $0 $0
2018 $879 $59,330 $0 $0
2017 $564 $58,110 $0 $0
2016 $496 $56,920 $0 $0
2015 $507 $56,530 $0 $0
2014 $514 $56,090 $0 $0
2013 -- $48,040 $4,800 $43,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10635623

BeachesMLS

APN: 48-42-19-AA-0070