NOT LISTED FOR SALE

687 Banks Rd Margate, FL 33063

Margate Area

Estimated Value: $300,000 - $362,656

2 Beds
2 Baths
1,211 Sq Ft
$267/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2022

Last sale price $325,000 $268 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,417 / mo

2 Days on Market

Highlights

  • Community Boat Dock
  • Lake View
  • Clubhouse
  • Tennis Courts
  • Waterfront
  • Vaulted Ceiling

About This Home

As of July 2022

Bright and SPACIOUS CORNER LAKEFRONT VILLA with HIGH CEILINGS, split floor plan. UNIQUE DEVELOPER'S MODEL with extra living space that can be used as an office or turned into another room. BEAUTIFUL WATER VIEW toward the back of the development for extra privacy. LARGE LIVING/DINING AREA. Villa is extremely well maintained and FRESHLY PAINTED. Walk in closet and extra storage closet as well as storage space in attic. TWO DEDICATED PARKING SPACES right out front. Blinds on all windows with ACCORDION HURRICANE SHUTTERS. Your washer/dryer is next to the guest bath in the front. Patio space adjacent to the kitchen as well. ALL AGES Centrally located, close to post office, shopping, restaurants, schools, highways. Head about 10 miles east to beautiful POMPANO BEACH.

Last Agent to Sell the Property

Helena Yeaman

CENTURY 21 City Real Estate License #3301436 Listed on: 06/27/2022

Last Buyer's Agent

Melisa Di Lorenzo

LPT Realty, LLC License #3133419

LPT Realty, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,159

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • End Unit
  • South Facing Home

HOA Fees

  • $194 Monthly HOA Fees

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Stucco Exterior

Interior Spaces

  • 1,211 Sq Ft Home
  • Property has 1 Level
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Hung Metal Windows
  • Vertical Blinds
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage Room
  • Tile Flooring
  • Lake Views
  • Complete Accordion Shutters

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Dock Available
  • Tennis Courts

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 484231140200

Community Details

Overview

  • Woodlake Isles Condos
  • Woodlake Isles Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Community Kitchen
  • Billiard Room
  • Community Library

Recreation

  • Community Boat Dock
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,159

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$194 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Architectural Style: Corner Unit
  • Directions: Located on the west side of Banks Road north of Atlantic.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Dock Available
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Subdivision Name: Woodlake Isles
  • Year Built Details: Resale
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 325000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Pantry, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Florida Room, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1211
  • Stories: 1
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds, Double Hung Metal, Verticals
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Florida Room, Pantry, Storage Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Lake, Water, Water View, Lake View
  • Exterior Features: Tennis Court(s)
  • Construction Type: Concrete Block Construction, Stucco
  • Direction Faces: South
  • Other Structures: Livable
  • Pool Features: Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Woodlake Isles
  • Parking Features: 2 Or More Spaces, Assigned, Guest

Utilities

  • Green Building Features: Club House
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Other Fire Protection, Other
  • Utilities: Cable Connected, Cable Available

Condo/Co-op/Association

  • Association Fee: 194
  • Amenities: Billiard Room, Boat Dock, Barbecue, Clubhouse, Clubhouse-Clubroom, Community Pool, Kitchen Facilities, Library, Pool, Pool Table, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Clubhouse, Picnic Area, Pool

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 484231140200

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5159

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
Jun 27, 2022
Closed on
Jul 21, 2022
Sold by
Capone Diane M
Bought by
Seller's Agent
Helena Yeaman
CENTURY 21 City Real Estate
Buyer's Agent
Melisa Di Lorenzo
LPT Realty, LLC
List Price
$300,000
Sold Price
$325,000
Premium/Discount to List
$25,000
8.33%
Current Estimated Value
$323,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,836
Avg. Annual Appreciation
-0.14%
Original Mortgage
$325,000
Outstanding Balance
$307,252
Interest Rate
5.78%
Mortgage Type
VA
Estimated Equity
$15,912

Purchase Details

Closed on
Sep 10, 2004
Sold by
Churkoo Randy and Sookhoo Sharlene
Bought by
Capone Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Muchnick Sidney and Muchnick Zelma
Bought by
Churkoo Randy and Sookho Sharlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
5.79%

Purchase Details

Closed on
Jul 1, 1982
Sold by
Available Not
Bought by
Available Not
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
$325,000 Empire Title Services
Capone Diane M $160,500 --
Churkoo Randy $131,000 --
Available Not $45,579 --
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 $325,000
Previous Owner Capone Diane M $98,500
Previous Owner Capone Diane M $115,500
Previous Owner Churkoo Randy $131,000
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
07/29/2022 07/29/22 Sold $325,000 +8.3% $268 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $300,000 0.0% $248 / Sq Ft
03/06/2020 03/06/20 Rented $1,550 0.0% --
02/05/2020 02/05/20 Under Contract -- -- --
12/23/2019 12/23/19 For Rent $1,550 -- --
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 $6,098 $324,530
2025 $6,050 $316,000
2024 $5,931 $307,100
2023 $5,931 $298,160 $57,030 $241,130
2022 $5,822 $244,260 $0 $0
2021 $5,159 $222,060 $51,690 $170,370
2020 $4,865 $208,940 $51,690 $157,250
2019 $1,994 $119,310 $0 $0
2018 $1,871 $117,090 $0 $0
2017 $1,844 $114,690 $0 $0
2016 $1,759 $112,340 $0 $0
2015 $1,800 $111,560 $0 $0
2014 $1,805 $110,680 $0 $0
2013 -- $123,110 $49,900 $73,210
Source: Public Records

Agents Affiliated with this Home

  • HY

    Seller's Agent in 2022

    Helena Yeaman

    CENTURY 21 City Real Estate

  • Melisa Di Lorenzo Real Estate Agent - LPT Realty, LLC

    Buyer's Agent in 2022

    Melisa Di Lorenzo

    LPT Realty, LLC

    (305) 978-8816

    11 Total Sales

    Melisa Di Lorenzo
    Section Image

  • RM

    Buyer's Agent in 2020

    Ravi Malhotra

    American 100 Realty Group LLC

    (954) 822-3515

    9 Total Sales

    Ravi Malhotra
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: F10337326

MIAMI REALTORS® MLS

APN: 48-42-31-14-0200

Florida Broward County Margate 33063

687 Banks Rd, Margate, FL

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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