NOT LISTED FOR SALE

5916 Coral Lake Dr Unit 204 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $181,896 - $200,000

2 Beds
2 Baths
1,090 Sq Ft
$270/mo HOA Fee

Last Sold July 11, 2018

Last sale price $108,000 $99 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,453/month

69 Days on Market

Highlights

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

About This Home

As of July 2018

THIS BEAUTIFUL LAKE FRONT CONDO HAS NEW AIR, HOT WATER HEATER WITH LIGHT COLORED CABINETS IN THE KITCHEN. THE VIEW IS TO KILL FOR JUST BRING YOU SUITCASES. THE CORAL GATE 55+COMMUNITY IS IN THE HEART OF MARGATE AND IS WITHIN WALKING DISTANCE TO RESTAURANTS AND SHOPPING. 650 CREDIT SCORE IS REQUIRED AND 15% DOWN. OWNER WANTS OFFER!

Last Agent to Sell the Property

Gregory Smith

Barrington Home Realty License #119251 Listed on: 04/02/2018

Last Buyer's Agent

Cherry Williams

Charles Rutenberg Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 1980

Lot Details

  • Lake Front
  • East Facing Home

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

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

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484219AD0160

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, insurance, ground maintenance, pest control, pool(s), sewer, trash, water
  • Coral Gate Subdivision

Amenities

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

Recreation

  • Community Basketball Court
  • Shuffleboard Court
  • Community Pool
  • Trails

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,905

Year Built

Built in 1980

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: EAST OF 441 ON COPANS TO BANKS ROAD GO LEFT 1/4 MILE ON LEFT ENTER AND GO RIGHT TO 5900 BUILDING. 2ND FLOOR UNIT ON RIGHT OFF THE ELEVATOR.
  • Year Built: 1980
  • Carport Y N: No
  • Entry Level: 2
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Second Floor Entry, Entrance Foyer, Living/Dining Room, Main Living Area Entry Level, Pantry, Split Bedrooms, Elevator
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, 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: Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Balcony, Awning(s)
  • View: Lake, Water
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Fire Alarm, 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: 270.0
  • Senior Community: Yes
  • Amenities: Basketball Court, Billiard Room, Bike Storage, Clubhouse, Barbecue, Picnic Area, Pier, Pool, Shuffleboard Court, Storage, Trail(s), Elevator(s)
  • Association #2 Fee: 270.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Parcel #: 484219AD0160

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1905.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Jun 26, 2018
Sold by
Conte Anthony and Conte Renata
Bought by
Echavez Carmen C
Seller's Agent
Gregory Smith
Barrington Home Realty
Buyer's Agent
Cherry Williams
Charles Rutenberg Realty LLC
List Price
$114,900
Sold Price
$108,000
Premium/Discount to List
-$6,900
-6.01%
Current Estimated Value
$190,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,474
Avg. Annual Appreciation
8.27%
Original Mortgage
$40,000
Outstanding Balance
$35,098
Interest Rate
4.6%
Mortgage Type
Unknown
Estimated Equity
$156,021

Purchase Details

Listed on
Oct 28, 2016
Closed on
Feb 22, 2017
Sold by
Levin Robert J and Levin Janis C
Bought by
Conte Anthony and Conte Renate
Seller's Agent
Sandra Lowell
RE/MAX In Motion Inc
Buyer's Agent
Sandra Lowell
RE/MAX In Motion Inc
List Price
$79,900
Sold Price
$82,750
Premium/Discount to List
$2,850
3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.63%

Purchase Details

Closed on
Sep 3, 2015
Sold by
Hruskovec Davorin and De Hruskovec Mariela Gonzalez
Bought by
Marivec Inc

Purchase Details

Closed on
Jan 29, 2015
Sold by
Levin Robert J and Levin Janis C
Bought by
Levin Robert J and Levin Janis C

Purchase Details

Closed on
Mar 6, 2007
Sold by
Levin Willis and Levin Dorothy
Bought by
Levin Willis and Levin Dorothy

Purchase Details

Closed on
Mar 25, 1999
Sold by
Greenberg William
Bought by
Levin Willis and Levin Dorothy
Source: Public Records

Range of Values:

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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
Echavez Carmen C $108,000 Attorney
Conte Anthony $82,800 Attorney
Marivec Inc -- Attorney
Levin Robert J -- Attorney
Levin Robert J -- Attorney
Levin Willis -- None Available
Levin Willis $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Echavez Carmen C $40,000
Closed Echavez Carmen C $40,000
Open Echavez Carmen C $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2018 07/11/18 Sold $108,000 -6.0% $99 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $114,900 +38.9% $105 / Sq Ft
03/01/2017 03/01/17 Sold $82,750 +3.6% $76 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
10/28/2016 10/28/16 For Sale $79,900 0.0% $73 / Sq Ft
10/18/2012 10/18/12 Rented $825 0.0% --
09/18/2012 09/18/12 Under Contract -- -- --
06/06/2012 06/06/12 For Rent $825 -- --
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 $1,831 $115,880 -- --
2024 $1,780 $112,620 -- --
2023 $1,780 $109,340 $0 $0
2022 $1,684 $106,160 $0 $0
2021 $1,630 $103,070 $0 $0
2020 $1,599 $101,650 $0 $0
2019 $1,562 $99,370 $9,940 $89,430
2018 $1,930 $77,000 $7,700 $69,300
2017 $1,905 $74,450 $0 $0
2016 $1,713 $67,690 $0 $0
2015 $1,657 $62,620 $0 $0
2014 $1,585 $56,930 $0 $0
2013 -- $51,760 $5,180 $46,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10115907

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-19-AD-0160