NOT LISTED FOR SALE

5800 Margate Blvd Unit 2212 Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $118,000 - $170,000

2 Beds
1 Bath
1,100 Sq Ft
$259/mo HOA Fee

Last Sold May 20, 2013

Last sale price $47,000 $43 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $1,117/month

49 Days on Market

Highlights

  • Garden View
  • Community Pool
  • Guest Parking
  • End Unit
  • Screened Balcony
  • 4-minute walk to George Mudd Playground

About This Home

As of May 2013

HIGHEST AND BEST DUE BY 04/14/2013!!!!ALL AGES!! BEAUTIFUL CORNER UNIT. 2 BEDROOMS 1 BATHROOM, FRESHLY PAINTED INTERIOR.CLOSE TO SHOPPING AND SCHOOLS. RENTAL RESTRICTIONS-NO RENTING FIRST THREE YEARS OF OWNERSHIP. This is a Fannie Mae HomePath property! P urchase this property for as little as 3% down payment! This property approved for a HomePath Mortgage & HomePath Renovation Mortgage.

Last Agent to Sell the Property

John Milakovic

MMLS Assoc.-Inactive Member License #0708527 Listed on: 03/04/2013

Last Buyer's Agent

Lucy Venegas

United Realty Group Inc. License #3166413

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $605

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • South Facing Home

HOA Fees

  • $259 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • 1 Car Parking Space
  • Guest Parking

Schools

  • Atlantic West Elementary School
  • Margate Middle School
  • Coconut Crk High School

Additional Features

  • Screened Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484136AA0180

Community Details

Overview

  • Low-Rise Condominium
  • Margate Gardens Condos
  • Margate Gardens Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$605

Year Built

Built in 1979

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: 441 SOUTH OF SAMPLE RIGHT ON MARGATE BLVD. COMMUNITY ON SOUTH SIDE OF STREET.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: Margate Gardens
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4116

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Parquet
  • Furnished: Unfurnished
  • Living Area: 1100
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden View
  • Exterior Features: Screened Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Margate Gardens
  • Parking Features: 1 Space, Guest

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, No Security

Condo/Co-op/Association

  • Association Fee: 259
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Atlantic West
  • High School: Coconut Crk High
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel Number: 484136AA0180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 605

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2013
Closed on
May 20, 2013
Sold by
Fannie Mae
Bought by
Cerna Gloria
Seller's Agent
John Milakovic
MMLS Assoc.-Inactive Member
Buyer's Agent
Lucy Venegas
United Realty Group Inc.
List Price
$53,900
Sold Price
$47,000
Premium/Discount to List
-$6,900
-12.8%
Current Estimated Value
$150,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,672
Avg. Annual Appreciation
9.82%

Purchase Details

Closed on
Jan 7, 2013
Sold by
Bank Of America N A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 27, 2012
Sold by
Mantilla Claudia Raquel
Bought by
Bank Of America N A

Purchase Details

Closed on
Oct 12, 2004
Sold by
Ingram Vicky
Bought by
Mantilla Claudia Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2000
Sold by
Waldrip Donald L and Waldrip Judith L
Bought by
Ingram Vicky

Purchase Details

Closed on
Oct 21, 1996
Sold by
Carlo Estelle
Bought by
Waldrip Donald L and Waldrip Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
8.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1993
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
Cerna Gloria $47,000 Attorney
Federal National Mortgage Association -- Attorney
Bank Of America N A $54,200 Attorney
Mantilla Claudia Raquel $72,500 Complete Title Solutions
Ingram Vicky $45,100 --
Waldrip Donald L $30,000 --
Available Not $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mantilla Claudia Raquel $72,500
Previous Owner Waldrip Donald L $21,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2013 05/20/13 Sold $47,000 +2.4% $43 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/05/2013 04/05/13 Price Changed $45,900 -14.8% $42 / Sq Ft
03/04/2013 03/04/13 For Sale $53,900 -- $49 / 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 $817 $50,190 -- --
2024 $792 $48,780 -- --
2023 $792 $47,360 $0 $0
2022 $757 $45,990 $0 $0
2021 $730 $44,660 $0 $0
2020 $716 $44,050 $0 $0
2019 $697 $43,060 $0 $0
2018 $663 $42,260 $0 $0
2017 $650 $41,400 $0 $0
2016 $564 $40,550 $0 $0
2015 $570 $40,270 $0 $0
2014 $569 $39,960 $0 $0
2013 -- $27,690 $2,770 $24,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1755697

MIAMI REALTORS® MLS

APN: 48-41-36-AA-0180