NOT LISTED FOR SALE

655 Banks Rd Unit 62 Margate, FL 33063

Margate Area

Estimated Value: $311,876

2 Beds
2 Baths
1,118 Sq Ft
$279/Sq Ft Est. Value

Sale Details

Date Sold: October 22, 2021

Last sale price $269,000 $241 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,329 / mo

8 Days on Market

Highlights

  • Private Dock
  • Waterfront
  • Community Center
  • Lake View
  • Community Pool
  • Cooking Island

About This Home

As of October 2021

Become the new owner of this magnificent, waterfront, 2 bedroom/2 bath home. You will be amazed by the pristine and updated kitchen, crown molding, and hard flooring throughout. Escape the daily grind with beautiful views on your screened lanai and private dock. This unique space offers 2 master suites and ample storage. Woodlake Isles offers reserved parking, a tennis court, swimming pool, all offered with low HOA fees. This private community gives you quick access to highways, restaurants, and shopping. Don't pass up this affordable opportunity to have it all!!

Last Agent to Sell the Property

Virginia Lingo

Internet Home Realty License #659870 Listed on: 09/14/2021

Last Buyer's Agent

Japhet Jn-De-Dieu

Arcange Realty and Services LLC License #3378285

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,223

Year Built

  • Built in 1982

HOA Fees

  • $168 Monthly HOA Fees

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1,118 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Tile Flooring
  • Lake Views
  • Complete Accordion Shutters

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Private Dock
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 484231140162

Community Details

Overview

  • Woodlake Isles Condos
  • Woodlake Isles Subdivision

Amenities

  • Community Center
  • Party Room

Recreation

  • Community Boat Dock
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,223

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$168 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Architectural Style: Other
  • Directions: USE GPS
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Dock Available,Private Dock, Private Dock
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Subdivision Name: WOODLAKE ISLES
  • Year Built Details: Resale
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 269000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1118
  • Stories: 1
  • Window Features: Complete Accordian Shutters

Exterior Features

  • View: Lake, Lake View
  • Construction Type: Concrete Block Construction
  • Other Structures: Livable
  • Patio And Porch Features: Screened Porch
  • Pool Features: Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: WOODLAKE ISLES

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other Fire Protection, Other
  • Utilities: Cable Connected, Cable Available

Condo/Co-op/Association

  • Association Fee: 168
  • Amenities: Boat Dock, Community Room, Community Pool, Pool, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Pool

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 484231140162

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1223

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 21, 2021
Sold by
Bought by
Seller's Agent
Virginia Lingo
Internet Home Realty
Buyer's Agent
Japhet Jn-De-Dieu
Arcange Realty and Services LLC
List Price
$285,000
Sold Price
$269,000
Premium/Discount to List
-$16,000
-5.61%
Current Estimated Value
$311,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,876
Avg. Annual Appreciation
3.12%
Original Mortgage
$264,127
Outstanding Balance
$236,105
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$75,771

Purchase Details

Closed on
Jun 5, 2015
Sold by
Bought by

Purchase Details

Listed on
Mar 10, 2015
Closed on
Mar 25, 2015
Sold by
Bought by
Seller's Agent
Adriana Vazquez
MMLS Assoc.-Inactive Member
Buyer's Agent
Adriana Vazquez
MMLS Assoc.-Inactive Member
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%

Purchase Details

Listed on
Jan 6, 2014
Closed on
Apr 22, 2014
Sold by
Bought by
Buyer's Agent
Steve Sibiga
MMLS Assoc.-Inactive Member
List Price
$132,000
Sold Price
$110,024
Premium/Discount to List
-$21,976
-16.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.90%

Purchase Details

Closed on
Dec 3, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,150
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,150
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1996
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$269,000 First International Title
-- Attorney
$135,000 First American Title Ins Co
$105,000 Premium Title Services Inc
$69,000 None Available
$1,000 --
$1,000 --
-- South Florida Title Insurers
$133,500 South Florida Title Insurers
-- South Florida Title Insurers
$71,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $264,127
Previous Owner $161,250
Previous Owner $124,500
Previous Owner $120,150
Previous Owner $53,050
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2021 10/22/21 Sold $269,000 -5.6% $241 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $285,000 +111.1% $255 / Sq Ft
03/25/2015 03/25/15 Sold $135,000 -9.9% $118 / Sq Ft View Prior Sale
03/12/2015 03/12/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $149,900 +36.2% $131 / Sq Ft
04/24/2014 04/24/14 Sold $110,024 -16.6% $96 / Sq Ft View Prior Sale
03/19/2014 03/19/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $132,000 -- $115 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,361 $284,420
2025 $5,225 $276,950
2024 $5,120 $269,150
2023 $5,120 $261,320 $0 $0
2022 $4,889 $253,710 $17,180 $236,530
2021 $1,249 $85,980 $0 $0
2020 $1,223 $84,800 $0 $0
2019 $1,193 $82,900 $0 $0
2018 $1,120 $81,360 $0 $0
2017 $1,097 $79,690 $0 $0
2016 $1,010 $78,060 $0 $0
2015 $2,387 $95,550 $0 $0
2014 -- $105,540 $0 $0
2013 -- $86,540 $15,030 $71,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: F10300566

MIAMI REALTORS® MLS

APN: 48-42-31-14-0162

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