$160,000
SOLD OCT 14, 2024

5800 Margate Blvd Unit 414 Margate, FL 33063

Margate Gardens Neighborhood
2 Beds
1 Bath
1,100 Sq Ft
$518/mo HOA Fee

Recently Sold

$145 Per Sq Ft

11% Below List Price

50 Days on Market

Highlights

  • Clubhouse
  • Sauna
  • Community Pool
  • Garden View
  • Screened Porch
  • 4-minute walk to George Mudd Playground

About This Home

As of October 2024

No down payment minimum! Ground floor unit in best location. This unit features new vinyl flooring and crown molding throughout. Kitchen features tons of cabinetry, stainless appliances and pass through window to dining area. Step into the spacious great room with sliders to screened patio. Enjoy the lush landscaped views. Screen room has accordion shutters for peace of mind. The bath has been newly renovated with taste! Primary bedroom features a walk in closet. Bothe bedroom closets have custom built in shelving. Steps from the unit enjoy the pool and large deck area. The clubhouse features a fitness room, sauna. locker rooms and a huge community room with billiards. Unit comes with storage closet. Seller will contribute to Buyers Closing Costs!!!

Last Agent to Sell the Property

Linda Bligh

United Realty Group Inc. License #3244901 Listed on: 07/28/2024

United Realty Group Inc.

Last Buyer's Agent

Antonio V Arserio, P.A.

Shoreline Realty Network, LLC. License #3410580

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,569

Year Built

  • Built in 1966

HOA Fees

  • $518 Monthly HOA Fees

Property Views

  • Garden
  • Pool

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Florida or Dining Combination
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 484136AA0590
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include common areas, laundry, ground maintenance, maintenance structure, parking, recreation facilities, roof, trash
  • Margate Gardens Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Community Pool

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,569

Year Built

Built in 1966

Lot Details

0

HOA Fees

$518 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1966
  • Carport Y N: No
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Family/Dining Room, First Floor Entry, Split Bedrooms, Walk-In Closet(s), Elevator
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 1100.0
  • Stories: 3

Exterior Features

  • Exterior Features: Enclosed Porch, Storm/Security Shutters
  • View: Garden, Pool
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: One Space

Utilities

  • Laundry Features: Common Area
  • Security: Elevator Secured
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 518.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Laundry, Pool, Sauna, Storage, Elevator(s)
  • Association #2 Fee: 518.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Roof, Trash

Lot Info

  • Parcel #: 484136AA0590

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2569.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2024
Closed on
Oct 4, 2024
Sold by
Ramkaran Gavaskar
Bought by
Caggiano Anthony
Seller's Agent
Linda Bligh
United Realty Group Inc.
Buyer's Agent
Antonio V Arserio, P.A.
Shoreline Realty Network, LLC.
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%
Views
38
Current Estimated Value
$159,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8
Avg. Annual Appreciation
-0.01%

Purchase Details

Closed on
Aug 16, 2006
Sold by
Ramkaran Gavaskar and Ramkaran Eshardai
Bought by
Ramkaran Gavaskar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2004
Sold by
Ferrara Mary
Bought by
Ramkaran Gavaskar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,510
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1998
Sold by
Getchel Michael R and Lagrois Susan
Bought by
Ferrara Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,975
Interest Rate
6.95%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $160,000 None Listed On Document
Interfamily Deed Transfer -- Nations Title Agency Inc
Warranty Deed $65,800 Investors Online Title Inc
Warranty Deed $30,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $62,510 Purchase Money Mortgage
Previous Owner $28,975 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2024 10/14/24 Sold $160,000 0.0% $145 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/06/2024 09/06/24 Price Changed $160,000 -5.9% $145 / Sq Ft
08/21/2024 08/21/24 Price Changed $170,000 -5.6% $155 / Sq Ft
07/28/2024 07/28/24 For Sale $180,000 -- $164 / 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 $2,855 $151,210 $15,120 $136,090
2024 $2,569 $153,080 $15,310 $137,770
2023 $2,569 $93,180 $0 $0
2022 $2,190 $84,710 $0 $0
2021 $1,999 $77,010 $0 $0
2020 $1,838 $71,300 $7,130 $64,170
2019 $1,729 $67,820 $6,780 $61,040
2018 $1,517 $57,870 $5,790 $52,080
2017 $334 $26,580 $0 $0
2016 $248 $26,040 $0 $0
2015 $244 $25,860 $0 $0
2014 $240 $25,660 $0 $0
2013 -- $26,780 $2,680 $24,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10453911

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-36-AA-0590