NOT LISTED FOR SALE

5615 Coral Lake Dr Unit 203 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $181,750 - $229,000

2 Beds
2 Baths
1,090 Sq Ft
$268/mo HOA Fee

Last Sold October 08, 2020

Last sale price $145,000 $133 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,456/month

120 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Bike Room
  • Senior Community
  • Breakfast Area or Nook
  • 5-minute walk to Coral Gate Park

About This Home

As of October 2020

Condo in the quiet neighborhood of Coral Gate, Lake view condo 2/2 has washer and dryer in unit. 55+ community offers, billiards,shuffleboard, tennis 3 heated pools, walking path. easy to show. COMMUNITY REQUIRES 15% DOWN AND 650 CREDIT SCORE, NO LEASING FOR FIRST 2 YEARS 3 LAMPS NOT INCLUDED IN THE SALE.

Last Agent to Sell the Property

Raquel Puig

Florida Realty of Miami Corp License #3349495 Listed on: 05/13/2020

Florida Realty of Miami Corp

Last Buyer's Agent

Melanie Yeary

Douglas Elliman License #3238644

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $936

Year Built

  • Built in 1981

Lot Details

  • 9,932

HOA Fees

  • $268 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,090 Sq Ft Home
  • 3-Story Property
  • Lake Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Carport Spaces
  • 1 Car Parking Space
  • Guest Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 484219AA0150

Community Details

Overview

  • Senior Community
  • Low-Rise Condominium
  • Coral Gate Condos
  • Coral Gate #1 Condo Unit 2 Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Bike Room
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$936

Year Built

Built in 1981

Lot Details

0

HOA Fees

$268 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: CORAL GATE #1 CONDO UNIT 2
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Elevator, Walk-In Closet(s)
  • Accessibility Features: Accessible Elevator Installed, Handicap Access
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1090
  • Possible Use: Primary
  • Stories: 3
  • Bedroom Features: None
  • Dining Room Features: Breakfast Area

Exterior Features

  • View: Lake
  • Exterior Features: None, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony, Screened Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CORAL GATE
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: 1 Space, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Elevator Secure

Condo/Co-op/Association

  • Association Fee: 268
  • Amenities: Bike/Jog Path, Bike Storage, Billiard Room, Clubhouse-Clubroom, Elevator(s), Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484219AA0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 268

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Oct 6, 2020
Sold by
Rivera Carmen and Rivera Carmen Milagros
Bought by
Mielke Debra and Mielke Thomas Patrick
Seller's Agent
Raquel Puig
Florida Realty of Miami Corp
Buyer's Agent
Melanie Yeary
Douglas Elliman
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%
Current Estimated Value
$203,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,688
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Oct 30, 2003
Sold by
Shapiro Arnold L and Hudson Bonnie
Bought by
Rivera Carmen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,400
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mielke Debra $145,000 Qualified Title Services Llc
Rivera Carmen M $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Carmen M $108,500
Previous Owner Rivera Carmen M $67,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $145,000 -2.7% $133 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $149,000 -- $137 / 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 $968 $70,750 -- --
2024 $965 $68,760 -- --
2023 $965 $66,760 $0 $0
2022 $939 $64,820 $0 $0
2021 $934 $62,940 $0 $0
2020 $515 $50,640 $0 $0
2019 $843 $49,510 $0 $0
2018 $800 $48,590 $0 $0
2017 $786 $47,600 $0 $0
2016 $700 $46,630 $0 $0
2015 $429 $46,310 $0 $0
2014 $433 $45,950 $0 $0
2013 -- $51,760 $5,180 $46,580
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10858856

MIAMI REALTORS® MLS

APN: 48-42-19-AA-0150