NOT LISTED FOR SALE

6045 Coral Lake Dr Unit 409 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $189,958 - $212,000

2 Beds
2 Baths
1,090 Sq Ft
9,583 Sq Ft Lot

Last Sold August 25, 2014

Last sale price $55,000 $50 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $1,472/month

Highlights

  • 30 Feet of Waterfront
  • Lake View
  • Community Pool
  • Senior Community
  • Screened Porch
  • Balcony

About This Home

As of August 2023

Immaculate and move-in-ready! 4th floor penthouse unit with amazing view of the lake!! This unit features: 2 bedrooms 2 bathrooms, Totally remodeled kitchen with soft close cabinets , pull out drawers and granite countertops! Screeded patio with tranquil lakeview. Laminate floors and freshly painted. updated vanities in the bathrooms. Full size front load washer and dryer in unit. Huge primary bedroom with 3 closets and lakeview. Coral Gate is a 55+ community.

Last Agent to Rent the Property

Joelle Embres

Realty 100 License #3045243 Listed on: 08/07/2023

Realty 100

Last Renter's Agent

Joelle Embres

Realty 100 License #3045243 Listed on: 08/07/2023

Realty 100

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,319

Year Built

  • Built in 1980

Lot Details

  • 30 Feet of Waterfront
  • Lake Front
  • East Facing Home

Interior Spaces

  • 1,090 Sq Ft Home
  • 4-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Screened Porch
  • Laminate Flooring
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 8/31/23
  • Rent includes association dues, sewer, trash collection, water
  • 12 Month Lease Term
  • Renewal Option
  • Assessor Parcel Number 484219AH0450

Community Details

Overview

  • Senior Community
  • Coral Gate V Condo Subdivision

Recreation

  • Community Pool

Amenities

  • Elevator

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,319

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2023-08-31

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Sample Road East of 441. South on Banks to Coral gate complex. Use entrance off gates Road, make right into complex. First building on the left. 6000 building ,4th floor unit 6045
  • Year Built: 1980
  • Lease Renewal Option: Yes
  • Entry Level: 4
  • Building Stories: 4
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Interior Amenities: Living/Dining Room, Elevator, Pantry
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Living Area: 1090.0
  • Dining Room Type: Pantry, Screened Porch
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony
  • View: Lake
  • Road Frontage Type: Waterfront
  • Pool Features: Pool, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Patio, Screened

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Association Dues, Sewer, Trash Collection, Water
  • Community Features: Non-Gated, Pool
  • Senior Community: Yes
  • Amenities: Elevator(s), Pool
  • Pets Allowed: No

Lot Info

  • Parcel #: 484219AH0450
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9751.0
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2024
Sold by
Snyder Donna
Bought by
Cousins Sidney A
Current Estimated Value
$203,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$9,897
Interest Rate
6.95%
Estimated Equity
$190,593

Purchase Details

Listed on
Dec 27, 2013
Closed on
Aug 25, 2014
Sold by
Fannie Mae
Bought by
Snyder Norman R and Snyder Donna M
Seller's Agent
Brett Matthews
I Deal Real Estate Inc
List Price
$72,500
Sold Price
$55,000
Premium/Discount to List
-$17,500
-24.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%

Purchase Details

Closed on
Jan 3, 2014
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 19, 2013
Sold by
Coral Gate Condo Assn Inc
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Sep 5, 2008
Sold by
Rose Arthur S and Rose Evelyn V
Bought by
Malcolm Lillith W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
3.67%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 1, 1987
Sold by
Available Not
Bought by
Available Not
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
Cousins Sidney A $205,000 Capital Abstract & Title
Snyder Norman R $55,000 Attorney
Federal National Mortgage Association -- Attorney
Wells Fargo Bank N A $95,376 None Available
Malcolm Lillith W -- Attorney
Available Not $7,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cousins Sidney A $10,000
Open Cousins Sidney A $153,750
Previous Owner Malcolm Lillith W $147,000
Previous Owner Rose Arthur S $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Rented $1,850 0.0% --
08/11/2023 08/11/23 Under Contract -- -- --
08/07/2023 08/07/23 For Rent $1,850 0.0% --
08/25/2014 08/25/14 Sold $55,000 -24.1% $50 / Sq Ft
07/26/2014 07/26/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $72,500 -- $67 / 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 $4,319 $184,460 $18,450 $166,010
2024 $1,017 $183,740 $18,370 $165,370
2023 $1,017 $74,700 $0 $0
2022 $986 $72,530 $0 $0
2021 $983 $70,420 $0 $0
2020 $976 $69,450 $0 $0
2019 $974 $67,890 $0 $0
2018 $936 $66,630 $0 $0
2017 $937 $65,260 $0 $0
2016 $871 $63,920 $0 $0
2015 $892 $63,480 $0 $0
2014 $1,847 $70,160 $0 $0
2013 -- $52,610 $5,260 $47,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10393766

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-19-AH-0450