NOT LISTED FOR SALE

6317 Coral Lake Dr Unit 205 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $180,281 - $206,000

2 Beds
2 Baths
1,090 Sq Ft
$283/mo HOA Fee

Last Sold October 17, 2017

Last sale price $110,000 $101 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,503/month

173 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Wood Flooring
  • Heated Pool
  • Clubhouse
  • Screened Porch

About This Home

As of October 2017

GREAT LAKEFRONT 2/2 CONDO IN A PRESTINE 55+ COMMUNITY (CORAL GATE )OFFERING 3 HEATED POOLS. WALK TO RESTAURANTS AND SHOPPING AND BANKING. THIS IS A GREAT LOCATION IN THE HEART OF MARGATE.

Last Agent to Sell the Property

Gregory Smith

Barrington Home Realty License #119251 Listed on: 03/27/2017

Last Buyer's Agent

Siran Der Bedrossian

Armen Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,713

Year Built

  • Built in 1981

Lot Details

  • Lake Front

HOA Fees

  • $283 Monthly HOA Fees

Interior Spaces

  • 1,090 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Ceiling Fan
  • Double Hung Metal Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Utility Room
  • Lake Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • 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
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484219AM0170

Community Details

Overview

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

Amenities

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

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,713

Year Built

Built in 1981

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: EAST OF 441 ON COPAN'S ROAD TO BANKS ROAD GO LEFT TO ENTRANCE ON LEFT 1/4 MILE GO LEFT TO STOP SIGN BUILDING ON THE RIGHT 6300
  • Year Built: 1981
  • Carport Y N: No
  • Entry Level: 2
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Second Floor Entry, Entrance Foyer, Living/Dining Room, Custom Mirrors, 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: Tile, Wood
  • Living Area: 1090.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Double Hung, Metal

Exterior Features

  • Exterior Features: Balcony
  • View: Lake, Water
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • 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, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 283.0
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Barbecue, Picnic Area, Pool, Storage, Trash, Elevator(s)
  • Association #2 Fee: 283.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Legal/Accounting, Maintenance Structure, Pest Control, Pool(s), Recreation Facilities, Sewer, Trash, Water

Lot Info

  • Parcel #: 484219AM0170

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1713.0

Multi Family

  • Number Of Units In Community: 468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Oct 14, 2017
Sold by
Falls Thomas J and Hills Barbara Anne
Bought by
Macarian Tony
Seller's Agent
Gregory Smith
Barrington Home Realty
Buyer's Agent
Siran Der Bedrossian
Armen Realty Inc
List Price
$120,900
Sold Price
$110,000
Premium/Discount to List
-$10,900
-9.02%
Current Estimated Value
$197,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,820
Avg. Annual Appreciation
7.97%
Original Mortgage
$80,000
Outstanding Balance
$67,935
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$133,310

Purchase Details

Closed on
Oct 22, 2016
Sold by
Falls Thomas J and Hill Barbara Anne
Bought by
Falls Thomas J and Hill Barbara Anne

Purchase Details

Listed on
Jun 14, 2016
Closed on
Oct 1, 2016
Bought by
Falls Thomas J
Seller's Agent
Danny Lewis
Lewis Real Estate Group Inc
Buyer's Agent
Gregory Smith
Century 21 Richards Realty
List Price
$64,900
Sold Price
$71,500
Premium/Discount to List
$6,600
10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%

Purchase Details

Listed on
Jun 14, 2016
Closed on
Jul 11, 2016
Sold by
Wells Fargo Bank N A
Bought by
Falls Thomas Joseph and Hill Barbara Anne
Seller's Agent
Danny Lewis
Lewis Real Estate Group Inc
Buyer's Agent
Gregory Smith
Century 21 Richards Realty
List Price
$64,900
Sold Price
$71,500
Premium/Discount to List
$6,600
10.17%

Purchase Details

Closed on
Nov 17, 2015
Sold by
Coral Gate Condominium Association Inc
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 7, 2005
Sold by
Seidberg Shirley
Bought by
Seidberg Shirley and Kravetz Gail

Purchase Details

Closed on
Mar 15, 1994
Sold by
Oneill Dennis and Oneill Charlene
Bought by
Seidberg Leonard and Seidberg Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,200
Interest Rate
6.97%
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
Macarian Tony $110,000 Attorney
Falls Thomas J -- None Available
Falls Thomas J $100 --
Falls Thomas Joseph $71,500 Boston National Title
Wells Fargo Bank Na $48,000 None Available
Seidberg Shirley -- Capital Abstract & Title
Seidberg Leonard $58,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macarian Tony $80,000
Previous Owner Kravetz Gail $70,000
Previous Owner Seidberg Leonard $43,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2017 10/17/17 Sold $110,000 -9.0% $101 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $120,900 +69.1% $111 / Sq Ft
08/09/2016 08/09/16 Sold $71,500 +10.2% $66 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $64,900 -- $60 / 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 $1,725 $110,880 -- --
2024 $1,196 $107,760 -- --
2023 $1,196 $104,630 $0 $0
2022 $1,102 $101,590 $0 $0
2021 $1,057 $98,640 $0 $0
2020 $1,034 $97,280 $0 $0
2019 $1,011 $95,100 $0 $0
2018 $949 $93,330 $9,330 $84,000
2017 $1,760 $67,930 $0 $0
2016 $1,713 $67,690 $0 $0
2015 $1,670 $63,480 $0 $0
2014 $1,596 $59,300 $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: F10057766

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-19-AM-0170