NOT LISTED FOR SALE

687 Banks Rd Margate, FL 33063

Margate Area

Estimated Value: $311,000 - $357,359

2 Beds
2 Baths
1,211 Sq Ft
$274/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2022

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

Est. 2% increase in value since last sale

Current estimated payment $2,495 / mo

8 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Community Pool
  • Tennis Courts
  • Vaulted Ceiling
  • Balcony

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

RE/MAX Direct License #3301436 Listed on: 06/28/2022

RE/MAX Direct

Last Buyer's Agent

Melisa Di Lorenzo

LPT Realty, LLC License #3133419

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,159

Year Built

  • Built in 1982

Lot Details

  • Lake Front
  • South Facing Home

HOA Fees

  • $194 Monthly HOA Fees

Home Design

  • Villa
  • Entry on the 1st floor

Interior Spaces

  • 1,211 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Hung Metal Windows
  • Blinds
  • Combination Dining and Living Room
  • Storage
  • Tile Flooring
  • Lake Views

Kitchen

  • Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Tennis Courts
  • Balcony
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 484231140200

Community Details

Overview

  • Association fees include common areas, ground maintenance, maintenance structure, pool(s), roof, trash
  • Woodlake Isles Subdivision

Amenities

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

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,159

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$194 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Located on the west side of Banks Road north of Atlantic.
  • MaximumNumberOfPets: 2
  • Year Built: 1982
  • Entry Level: 1
  • New Construction: No
  • Pets No Pets Comments: Total Weight Limit Of Pets:30
  • MaximumPetWeight: 30
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Main Level Primary, Pantry, Split Bedrooms, Storage, Tub Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Entry,Pantry,Split Bedroom,Vaulted Cei
  • Fireplace: Yes
  • Flooring: Tile
  • Living Area: 1211.0
  • Stories: 1
  • Window Features: Blinds, Double Hung, Metal

Exterior Features

  • Exterior Features: Balcony, Tennis Court(s)
  • View: Lake, Water
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale

Garage/Parking

  • Open Parking Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Other
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 194.0
  • Phone: 561-448-3025
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Community Kitchen, Library, Picnic Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Number Limit, Size Limit

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Pool(s), Roof, Trash

Lot Info

  • Parcel #: 484231140200
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5159.0

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 28, 2022
Closed on
Jul 21, 2022
Sold by
Bought by
Seller's Agent
Helena Yeaman
RE/MAX Direct
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%
Views
2
Current Estimated Value
$332,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,090
Avg. Annual Appreciation
0.55%
Original Mortgage
$325,000
Interest Rate
0.0578%
Mortgage Type
VA

Purchase Details

Closed on
Sep 10, 2004
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
$115,500
Interest Rate
0.0578%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 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
$131,000
Interest Rate
0.0579%

Purchase Details

Closed on
Jul 1, 1982
Sold by
Bought by
Source: Public Records

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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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
$160,500 --
$131,000 --
$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 $98,500
Previous Owner $115,500
Previous Owner $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
07/05/2022 07/05/22 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: BeachesMLS (Greater Fort Lauderdale)

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

  • Helena Yeaman

    Seller's Agent in 2022

    Helena Yeaman

    RE/MAX

    (954) 709-2738

    61 Total Sales

    Helena Yeaman
    Section Image
  • Melisa Di Lorenzo

    Buyer's Agent in 2022

    Melisa Di Lorenzo

    LPT Realty, LLC

    (305) 978-8816

    9 Total Sales

    Melisa Di Lorenzo
    Section Image

  • R

    Buyer's Agent in 2020

    Ravi Malhotra

    American 100 Realty Group LLC

    (954) 822-3515

    8 Total Sales

    Ravi Malhotra
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10337326

BeachesMLS (Greater Fort Lauderdale)

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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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