NOT LISTED FOR SALE

5804 Coral Lake Dr Unit 104 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $183,623 - $194,000

2 Beds
2 Baths
1,090 Sq Ft
$297/mo HOA Fee

Last Sold November 12, 2021

Last sale price $144,000 $132 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,534/month

33 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Screened Porch
  • Heated Pool
  • Clubhouse
  • Shuffleboard Court

About This Home

As of November 2021

THIS 2 BEDROOM 2 BATH LAKEFRONT CONDO IN MARGATES SOUGHT AFTER 55+ COMMUNINITY " CORAL GATE " HAS FANTASTIC LAKEFRONT VIEWS THRU OUT.THE COMMUNTY OFFERS 3 HEATED POOLS, BILLARDS,SHUFFLEBOARD AND A 1.1 MILE BIKING OR JOGGING PATH. IT IS MINUTES AWAY FROM ALL SHOPPING, RESTAURANTS AND CASINO. WASHER & DRYER IN THE UNIT AND THE KITCHEN CABINETS AND COUNTERTOPS HAVE BEEN UPDATED. ****THIS PROPERTY WILL TAKE 60 DAYS TO CLOSE****

Last Agent to Sell the Property

Gregory Smith

Barrington Home Realty License #119251 Listed on: 09/09/2021

Last Buyer's Agent

Audrey Barr-Keise

CENTURY 21 City Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $512

Year Built

  • Built in 1979

Lot Details

  • Lake Front
  • North Facing Home

HOA Fees

  • $297 Monthly HOA Fees

Interior Spaces

  • 1,090 Sq Ft Home
  • 3-Story Property
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Utility Room
  • Lake Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Balcony

Utilities

  • Humidifier
  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484219AC0040

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, insurance, legal/accounting, ground maintenance, maintenance structure, pest control, pool(s), sewer, trash, water
  • 468 Units
  • Coral Gate Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Billiard Room
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Shuffleboard Court
  • Community Pool
  • Trails

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$512

Year Built

Built in 1979

Lot Details

0

HOA Fees

$297 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: FROM 441 EAST ON COPANS TO BANKS ROAD MAKE A LEFT 1/4 MILE ON THE LEFT IS THE ENTRANCE GO RIGHT TO BUILDING 5800
  • Year Built: 1979
  • Carport Y N: No
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, First Floor Entry, Living/Dining Room, Main Level Primary, Main Living Area Entry Level, Pantry, Split Bedrooms, Elevator
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Self Cleaning Oven, Washer/Dryer, Washer, Humidifier
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1090.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Blinds, Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Balcony, Barbecue, Storm/Security Shutters
  • View: Lake, Water
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 297.0
  • Community Features: Non-Gated
  • Senior Community: Yes
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Barbecue, Picnic Area, Pier, Pool, Shuffleboard Court, Storage, Trail(s), Trash, Elevator(s)
  • Association #2 Fee: 297.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 484219AC0040

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 512.0

Multi Family

  • Number Of Units In Community: 468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Nov 12, 2021
Sold by
Warnsley Lori A Kort
Bought by
Watson Heather Annmarie and Watson Eric Lambert
Seller's Agent
Gregory Smith
Barrington Home Realty
Buyer's Agent
Audrey Barr-Keise
CENTURY 21 City Real Estate
List Price
$142,000
Sold Price
$144,000
Premium/Discount to List
$2,000
1.41%
Current Estimated Value
$188,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,656
Avg. Annual Appreciation
8.76%
Original Mortgage
$108,000
Outstanding Balance
$100,581
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$96,916

Purchase Details

Closed on
Jun 8, 2004
Sold by
Keys Irving and Keys Beatrice
Bought by
Kort Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1997
Sold by
Keys Marshall P and Keys Shirley
Bought by
Keys Irving and Keys Beatrice
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
Watson Heather Annmarie $144,000 Priority Title
Kort Stephen $95,000 --
Keys Irving $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Heather Annmarie $108,000
Previous Owner Kort Stephen $35,000
Previous Owner Kort Stephen $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $144,000 +1.4% $132 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $142,000 -- $130 / 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 $2,510 $147,790 -- --
2024 $2,448 $143,630 -- --
2023 $2,448 $139,450 $0 $0
2022 $2,325 $135,390 $13,540 $121,850
2021 $518 $50,800 $0 $0
2020 $512 $50,100 $0 $0
2019 $506 $48,980 $0 $0
2018 $492 $48,070 $0 $0
2017 $490 $47,090 $0 $0
2016 $417 $46,130 $0 $0
2015 $425 $45,810 $0 $0
2014 $698 $45,450 $0 $0
2013 -- $51,180 $5,120 $46,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10299871

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-19-AC-0040