NOT LISTED FOR SALE

5625 Coral Lake Dr Unit 301 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $174,524 - $203,000

2 Beds
2 Baths
1,090 Sq Ft
$243/mo HOA Fee

Last Sold January 27, 2014

Last sale price $70,100 $64 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,269/month

113 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Community Pool
  • Senior Community
  • Screened Porch
  • 5-minute walk to Coral Gate Park

About This Home

As of January 2014

SPACIOUS 2 BED/2 BATH CORNER UNIT,ENJOY GORGEOUS LAKE VIEW FROM YOUR SCREENED PATIO. LARGE EAT IN KITCHEN, WASHER AND DRYER IN UNIT.SPLIT BEDROOMS. THIS DESIREABLE COMMUNITY HAS 3 CLUBHOUSES WITH 3 HEATED POOLS, JOGGING PATH AND ADJACENT PARK WITH TENNIS AND BASKETBALL. LOW MAINTENANCE FEE. 55+ COMMUNITY. PURCHASE THIS PROPERTY FOR AS LITTLE AS 5% DOWN! THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING.

Last Agent to Sell the Property

Lawrence Hahn

Coldwell Banker Realty License #0316908 Listed on: 09/05/2013

Coldwell Banker Realty

Co-Listed By

Karla Totten

Inactive Member License #3122824

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1979

Lot Details

  • 9,932

HOA Fees

  • $243 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,090 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Lake Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484219AA0250

Community Details

Overview

  • Senior Community
  • Association fees include amenities, common areas, maintenance structure
  • Coral Gate #1 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,426

Year Built

Built in 1979

Lot Details

0

HOA Fees

$243 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: COPANS RD EAST OF 441 TO BANKS RD*NORTH ON BANKS RD TO ENTRANCE TO CORAL GATE CONDOS
  • Year Built: 1979
  • Carport Y N: No
  • Entry Level: 3
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Living/Dining Room
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1090.0
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony
  • View: Lake
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 243.0
  • Senior Community: Yes
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Amenities, Common Areas, Maintenance Structure

Lot Info

  • Parcel #: 484219AA0250

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1426.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2013
Closed on
Jan 27, 2014
Sold by
Fannie Mae
Bought by
Maxner Judith A
Seller's Agent
Lawrence Hahn
Coldwell Banker Realty
List Price
$82,500
Sold Price
$70,100
Premium/Discount to List
-$12,400
-15.03%
Current Estimated Value
$185,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,031
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Aug 27, 2013
Sold by
Hutchinson Barbara
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 6, 2002
Sold by
Celli Concetta
Bought by
Hutchinson Fred and Hutchinson Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,100
Interest Rate
6.19%

Purchase Details

Closed on
Feb 27, 1998
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Jul 18, 1994
Sold by
Celli Constantina and Celli Antonina
Bought by
Celli Constantino L and Celli Antonina
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
Maxner Judith A $70,100 First Intl Title Inc
Federal National Mortgage Association $25,200 None Available
Hutchinson Fred $78,000 Consolidated Title Co
Available Not $10,000 --
Celli Constantino L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hutchinson Fred $74,000
Previous Owner Hutchinson Fred $20,000
Previous Owner Hutchinson Fred $74,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2014 01/27/14 Sold $70,100 -15.0% $64 / Sq Ft
12/28/2013 12/28/13 Pending -- -- --
09/05/2013 09/05/13 For Sale $82,500 -- $76 / Sq Ft
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 $579 $62,060 -- --
2024 $576 $60,320 -- --
2023 $576 $58,570 $0 $0
2022 $554 $56,870 $0 $0
2021 $546 $55,220 $0 $0
2020 $540 $54,460 $0 $0
2019 $536 $53,240 $0 $0
2018 $844 $52,250 $0 $0
2017 $845 $51,180 $0 $0
2016 $775 $50,130 $0 $0
2015 $789 $49,790 $0 $0
2014 $1,743 $65,670 $0 $0
2013 -- $54,070 $5,410 $48,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1254169

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-19-AA-0250