NOT LISTED FOR SALE

6618 Coral Lake Dr Unit 206 Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $176,636 - $218,000

2 Beds
2 Baths
1,040 Sq Ft
$568/mo HOA Fee

Last Sold April 29, 2024

Last sale price $200,000 $192 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,747/month

75 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Screened Porch
  • Heated Pool
  • Clubhouse
  • Tennis Courts

About This Home

As of April 2024

Lowest priced maintenance around in the best kept complex! Enjoy breathtaking WATERFRONT views from the comfort your balcony. 40 years passed; Budget is great! This 55+ 2/2 condo features: a spacious eat in kitchen w/ solid wood cabinets, walk in closet, newer A/C, WASHER/DRYER in the unit, and additional storage unit. Centrally located near Seminole Casino, hospital, and restaurants and close to the Trnpk & Sawgrass Exp. The building features an elevator while some of the community amenities include billiards, 3 heated pools, shuffleboard, walk/jogging path, tennis, pickleball & basketball courts w/ a clubhouse filled w/ activities you'll never be bored. The low maintenance fee includes cable TV, water, trash, exterior insurance, & common ground maintenance! $5K credit towards appliances

Last Agent to Sell the Property

Laura Sanders

RE/MAX Direct License #3056775 Listed on: 02/13/2024

RE/MAX Direct

Last Buyer's Agent

Silvia Maruri

Palm Aire Signature Realty LLC License #3514385

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,190

Year Built

  • Built in 1982

Lot Details

  • Lake Front
  • West Facing Home

HOA Fees

  • $568 Monthly HOA Fees

Parking

  • Guest Parking

Property Views

  • Lake
  • Garden

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,040 Sq Ft Home
  • 3-Story Property
  • Furnished or left unfurnished upon request
  • Blinds
  • Combination Dining and Living Room
  • Screened Porch
  • Utility Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Heated Pool
  • Balcony

Schools

  • Liberty Elementary School
  • Margate Middle School
  • Monarch High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 484219BD0180

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, insurance, ground maintenance, parking, pest control, pool(s), recreation facilities, roof, sewer, security, trash, water, internet
  • 468 Units
  • Coral Gate Subdivision

Amenities

  • Clubhouse
  • Bike Room
  • Elevator

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Shuffleboard Court
  • Community Pool
  • Community Spa

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,190

Year Built

Built in 1982

Lot Details

0

HOA Fees

$568 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1982
  • 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, Elevator, Living/Dining Room, Main Living Area Upper Level, Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1040.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 3
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Balcony, Storm/Security Shutters, Shutters Manual
  • View: Garden, Lake
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Lake Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 568.0
  • Community Features: Non-Gated
  • Senior Community: Yes
  • Amenities: Basketball Court, Bike Storage, Clubhouse, Elevator(s), Playground, Pickleball, Pool, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association #2 Fee: 568.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Parking, Pest Control, Pool(s), Recreation Facilities, Roof, Sewer, Security, Trash, Water, Internet

Schools

  • Elementary School: Liberty
  • High School: Monarch
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel #: 484219BD0180

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1190.0

Multi Family

  • Number Of Units In Community: 468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Apr 11, 2024
Sold by
Donna L Fitch Trust and Fitch Donna L
Bought by
Morales Jose Jairo Lopez
Seller's Agent
Laura Sanders
RE/MAX Direct
Buyer's Agent
Silvia Maruri
Palm Aire Signature Realty LLC
List Price
$239,999
Sold Price
$200,000
Premium/Discount to List
-$39,999
-16.67%
Views
61
Current Estimated Value
$194,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,591
Avg. Annual Appreciation
-1.40%
Original Mortgage
$140,000
Outstanding Balance
$138,115
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$58,071

Purchase Details

Closed on
May 26, 2017
Sold by
Fitch Donna L
Bought by
Fitch Donna L and Donna L Fitch Trust

Purchase Details

Closed on
May 1, 2017
Bought by
Donna L Fitch Tr

Purchase Details

Closed on
Jul 19, 2014
Sold by
Savino Stella A
Bought by
Savino Stella A and Fitch Donna L

Purchase Details

Closed on
May 1, 1989
Sold by
Available Not
Bought by
Available Not
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
Morales Jose Jairo Lopez $200,000 Signature Title Group
Fitch Donna L -- Attorney
Donna L Fitch Tr $100 --
Savino Stella A -- Attorney
Available Not $39,279 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Jose Jairo Lopez $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $200,000 -9.1% $192 / Sq Ft
03/06/2024 03/06/24 Price Changed $219,999 -4.3% $212 / Sq Ft
02/22/2024 02/22/24 Price Changed $229,999 -4.2% $221 / Sq Ft
02/13/2024 02/13/24 For Sale $239,999 -- $231 / 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 $1,539 $174,200 $17,420 $156,780
2024 $1,490 $166,900 $16,690 $150,210
2023 $1,490 $101,220 $0 $0
2022 $1,501 $98,280 $0 $0
2021 $1,451 $95,420 $0 $0
2020 $1,422 $94,110 $0 $0
2019 $1,388 $92,000 $9,200 $82,800
2018 $1,894 $84,780 $8,480 $76,300
2017 $1,714 $64,690 $0 $0
2016 -- $58,810 $0 $0
2015 -- $59,720 $0 $0
2014 -- $43,180 $0 $0
2013 $2 $48,620 $4,860 $43,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10422648

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-19-BD-0180