NOT LISTED FOR SALE

5718 Coral Lake Dr Unit 206 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $169,507 - $281,000

2 Beds
2 Baths
990 Sq Ft
$252/mo HOA Fee

Last Sold December 02, 2015

Last sale price $85,000 $86 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,665/month

40 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Patio
  • Fitness Center
  • Clubhouse
  • Tile Flooring

About This Home

As of December 2015

At 5718 Coral Lake Drive lies a very well taken care of condo with a serene lake view! Situated in the peaceful 55 & older Coral Gate community, this unit is in an elevator building & offers a friendly & active lifestyle for it's residents with amenities such as community pools, clubhouse, lake-front gazebo & more. Enter through the front door to experience what it truly feels like to be home. Newer appliances & quality cabinetry with newer granite countertops in the kitchen, spacious living area, & tons of closet space in the master bedroom. Master bath recently updated. Brand new A/C, water heater, & garbage disposal. Best of all, the lake-view patio will become your new favorite place to relax.

Last Agent to Sell the Property

Dominick Rivera

Realty Standard Inc License #3238092 Listed on: 09/22/2015

Last Buyer's Agent

Dominick Rivera

Realty Standard Inc License #3238092 Listed on: 09/22/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $634

Year Built

  • Built in 1979

Lot Details

  • Lake Front
  • North Facing Home

HOA Fees

  • $252 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Liberty Elementary School
  • Margate Middle School
  • Monarch High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484219ab0180

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, pest control, sewer, trash, water
  • Coral Gate 2 Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$634

Year Built

Built in 1979

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From Banks Road, enter the community & follow the circle to the north side of the community.
  • Year Built: 1979
  • Carport Y N: No
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 990.0
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Lake, Water
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 252.0
  • Community Features: Clubhouse
  • Senior Community: Yes
  • Amenities: Clubhouse, Fitness Center
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Pest Control, Sewer, Trash, Water

Schools

  • Elementary School: Liberty
  • High School: Monarch
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel #: 484219ab0180
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 634.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2019
Sold by
Hamwi Sana and Nadar Jihad Mohamad
Bought by
Mohamad B Aljabban Living Trust
Current Estimated Value
$209,127

Purchase Details

Listed on
Sep 22, 2015
Closed on
Dec 2, 2015
Sold by
Hendry Linda
Bought by
Hamwi Sana and Nadar Jihad Mohamad
Seller's Agent
Dominick Rivera
Realty Standard Inc
Buyer's Agent
Dominick Rivera
Realty Standard Inc
List Price
$92,400
Sold Price
$85,000
Premium/Discount to List
-$7,400
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%

Purchase Details

Closed on
Oct 21, 2004
Sold by
Kirby Kathleen
Bought by
Hendry Byron and Hendry Esther

Purchase Details

Closed on
May 23, 2000
Sold by
Sarah Castoro Tr and Rose Massa Tr
Bought by
Kirby John F and Kirby Kathleen O

Purchase Details

Closed on
Mar 25, 1993
Sold by
Patronaggio John P and Patronaggio Anna J
Bought by
Patronaggio John P
Source: Public Records

Range of Values:

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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
Mohamad B Aljabban Living Trust $125,000 Attorney
Hamwi Sana $85,000 Assure America Title Company
Hendry Byron $85,000 Fast Action Title Inc
Kirby John F $50,000 --
Patronaggio John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirby John F $40,504
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2015 12/02/15 Sold $85,000 -8.0% $86 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $92,400 -- $93 / 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 $3,592 $157,980 -- --
2024 $3,232 $157,980 $13,630 $122,700
2023 $3,232 $130,570 $0 $0
2022 $2,975 $118,700 $0 $0
2021 $2,677 $107,910 $10,790 $97,120
2020 $2,632 $106,020 $10,600 $95,420
2019 $2,194 $92,000 $9,200 $82,800
2018 $1,953 $84,780 $8,480 $76,300
2017 $1,768 $68,310 $0 $0
2016 $1,906 $76,500 $0 $0
2015 $635 $43,520 $0 $0
2014 $634 $43,180 $0 $0
2013 -- $48,620 $4,860 $43,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10169779

BeachesMLS

APN: 48-42-19-AB-0180