NOT LISTED FOR SALE

5931 Coral Lake Dr Unit 307 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $175,000 - $194,000

2 Beds
2 Baths
990 Sq Ft
$274/mo HOA Fee

Last Sold July 13, 2021

Last sale price $139,000 $140 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,428/month

65 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Heated Community Pool
  • Newly Remodeled
  • Clubhouse
  • Community Basketball Court

About This Home

As of July 2021

Highly sought after lake front unit in the quiet, well maintained community of Coral Gate. Immaculately kept unit with tile/carpet flooring and a perfect split bedroom plan. Enjoy your morning coffee from your beautiful balcony overlooking the lake. Awesome amenities including 3 heated pools, tennis courts, and much more!. Low HOA includes insurance, cable with HBO, water, trash, sewer, and more! Residents must be 55+

Last Agent to Sell the Property

Laurie Reader

Keller Williams Dedicated Professionals License #0652792 Listed on: 04/07/2021

Keller Williams Dedicated Professionals

Last Buyer's Agent

Ghislaine Lahens

Snapp Realty License #3191302

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,323

Year Built

  • Built in 1980 | Newly Remodeled

Lot Details

  • Lake Front
  • East Facing Home

HOA Fees

  • $274 Monthly HOA Fees

Interior Spaces

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

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Guest Parking

Additional Features

  • West of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484219AD0310

Community Details

Overview

  • Senior Community
  • Low-Rise Condominium
  • Coral Gate Condos
  • Coral Gate 4 Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Billiard Room
  • Elevator

Recreation

  • Community Basketball Court
  • Heated Community Pool
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Secure Elevator
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,323

Year Built

Built in 1980 | Newly Remodeled

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Directions: Please use GPS
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: CORAL GATE 4 CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Third Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 990
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Window Features: Complete Accordian Shutters, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Lake
  • Exterior Features: Other, West Of Us1
  • Direction Faces: East
  • Patio And Porch Features: Screened Porch
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CORAL GATE
  • Parking Features: 1 Space, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure

Condo/Co-op/Association

  • Association Fee: 274
  • Amenities: Basketball Court, Bike/Jog Path, Billiard Room, Barbecue, Clubhouse-Clubroom, Elevator(s), Heated Pool, Pool, Shuffleboard, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484219AD0310
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2323

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jul 2, 2021
Sold by
Forsman Ronald H and Forsman Barbara J
Bought by
Cassamajor Melissa and Cassamajor Michel Gregory
Seller's Agent
Laurie Reader
Keller Williams Dedicated Professionals
Buyer's Agent
Ghislaine Lahens
Snapp Realty
List Price
$139,000
Sold Price
$139,000
Current Estimated Value
$183,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,837
Avg. Annual Appreciation
7.60%
Original Mortgage
$97,300
Outstanding Balance
$89,613
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$98,898

Purchase Details

Closed on
Sep 29, 2004
Sold by
Garcia Angelica and Barrientos Carlos
Bought by
Forsman Ronald H and Forsman Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.73%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2003
Sold by
Garcia Angelica and Garcia Bonifacio
Bought by
Garcia Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
8.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 25, 2000
Sold by
Reizburg Eve
Bought by
Garcia Angelica and Garcia Bonifacio
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cassamajor Melissa $139,000 Capital Abstract & Title
Forsman Ronald H $112,900 Fidelity National Title Ins
Garcia Angelica -- --
Garcia Angelica $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassamajor Melissa $97,300
Previous Owner Forsman Ronald H $75,000
Previous Owner Garcia Angelica $70,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $139,000 0.0% $140 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $139,000 -- $140 / 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 $1,922 $142,690 -- --
2024 $1,861 $138,670 $13,630 $122,700
2023 $1,861 $134,640 $0 $0
2022 $1,741 $130,720 $13,070 $117,650
2021 $2,471 $94,680 $0 $0
2020 $2,323 $106,020 $10,600 $95,420
2019 $2,126 $92,000 $9,200 $82,800
2018 $1,894 $84,780 $8,480 $76,300
2017 $1,714 $64,690 $0 $0
2016 $1,517 $58,810 $0 $0
2015 $1,582 $59,530 $0 $0
2014 $1,518 $54,120 $0 $0
2013 -- $49,200 $4,920 $44,280
Source: Public Records

Agents Affiliated with this Home

  • Laurie Reader

    Seller's Agent in 2021

    Laurie Reader

    Keller Williams Dedicated Professionals

    (954) 328-0228

    3 in this area

    2,575 Total Sales

    Laurie Reader
    Section Image

  • G

    Buyer's Agent in 2021

    Ghislaine Lahens

    Snapp Realty

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11023820

MIAMI REALTORS® MLS

APN: 48-42-19-AD-0310

Florida Broward County Margate 33063 Coral Lake

5931 Coral Lake Dr Unit 307, Margate, FL

This home is located at 5931 Coral Lake Dr Unit 307, Margate, FL 33063 since 07 April 2021 and is currently estimated at $183,837, approximately $185 per square foot. This property was built in 1980. 5931 Coral Lake Dr Unit 307 is a home located in Broward County with nearby schools including Liberty Elementary School, Margate Middle School, and Monarch High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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