NOT LISTED FOR SALE

697 Banks Rd Margate, FL 33063

Estimated Value: $348,000 - $375,000

3 Beds
2 Baths
1,204 Sq Ft
$303/Sq Ft Est. Value

Sale Details

Date Sold: January 19, 2022

Last sale price $325,000 $270 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,691 / mo

129 Days on Market

Highlights

  • Main Floor Bedroom
  • Tennis Court View
  • Fireplace
  • Outdoor Living Area
  • Balcony
  • Porch

About This Home

As of January 2022

This is the only 3/2 villa in Woodlake Isles fo sale. This unit features brand new updated kitchen, bathrooms, new tile flooring in all rooms. Owner took pride in making this a place you would love to call home. This is centrally located near Walmart, Publix and lots of stores for your shopping needs. Great schools and just a short distance to the Turnpike.

Last Agent to Sell the Property

Verma Barnett

The Keyes Company License #685109 Listed on: 07/26/2021

The Keyes Company

Last Buyer's Agent

Verma Barnett

The Keyes Company License #685109 Listed on: 07/26/2021

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 1983

Lot Details

  • Security Fence

HOA Fees

  • $168 Monthly HOA Fees

Home Design

  • Villa
  • Entry on the 1st floor

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Tennis Court Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Living Area
  • Porch

Utilities

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

Community Details

  • Association fees include common areas, insurance, maintenance structure, reserve fund, roof
  • Woodlake Isles Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 484231140211

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,967

Year Built

Built in 1983

Lot Details

0 Sq Ft Lot

HOA Fees

$168 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Year Built: 1983
  • Entry Level: 1
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Living/Dining Room, Multiple Primary Suites, Multiple En Suite Bathrooms
  • Main Level Bedrooms: 3
  • Appliances: Dryer, Dishwasher, Electric Range, Gas Range, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: First Floor Entry
  • Fireplace: Yes
  • Flooring: Tile
  • Living Area: 1204.0
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Tennis Court
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Smoke Detector(s), Security Fence
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 168.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Maintenance Grounds, Other
  • Association #2 Fee: 168.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Pet Fee, Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Reserve Fund, Roof

Lot Info

  • Parcel #: 484231140211
  • Mobile Dim Units: Feet

Rental Info

  • Pet Deposit: 200.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2967.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Jan 19, 2022
Sold by
Cole Juliet Elizabeth
Bought by
Lao Kelvin A and Martinez Chiara Liz
Seller's Agent
Verma Barnett
The Keyes Company
Buyer's Agent
Verma Barnett
The Keyes Company
List Price
$320
Sold Price
$325,000
Premium/Discount to List
$324,680
101462.5%
Current Estimated Value
$364,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,528
Avg. Annual Appreciation
2.72%
Original Mortgage
$319,113
Outstanding Balance
$293,078
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$71,450

Purchase Details

Listed on
Oct 14, 2019
Closed on
Apr 17, 2020
Sold by
Williamson Dean K and Colon Nilsa Evette
Bought by
Cole Juliet Elizabeth
Seller's Agent
Andrea Oken
United Realty Group, Inc
Buyer's Agent
Verma Barnett
ERA Home Run Real Estate
List Price
$227,966
Sold Price
$210,000
Premium/Discount to List
-$17,966
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.16%
Original Mortgage
$202,991
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 30, 2017
Closed on
Apr 4, 2017
Sold by
Varon Susan
Bought by
Williamson Dean K and Williamson Nilsa E
Seller's Agent
John Gillis
Better Homes & Gdns RE Fla 1st
Buyer's Agent
Marian Gonzalez
Treasure Realty Partners, LLC
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$186,934
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
Oct 7, 2009
Sold by
Stevens Ellen Rose
Bought by
Varon Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2009
Sold by
Stevens Ellen Rose
Bought by
Stevens Ellen Rose and Varon Susan Elizabeth

Purchase Details

Closed on
Jun 30, 2005
Sold by
Lembo Shirley M
Bought by
Lembo Shirley M

Purchase Details

Closed on
Jun 30, 1995
Sold by
Kretzschmar Robert L and Kretzschmar Barbara Joan
Bought by
Lembo Shirley

Purchase Details

Closed on
Jun 10, 1994
Sold by
Hartman Jerry D and Hartman Nancy A
Bought by
Kretzschmar Robert L and Kretzschmar Barbara Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
8.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lao Kelvin A $325,000 Global America Title Services
Cole Juliet Elizabeth $210,000 Attorney
Williamson Dean K $185,000 South Coast Title Co
Varon Susan -- Independence Title Insurance
Stevens Ellen Rose -- Attorney
Lembo Shirley M -- Southeast Fl Lawyers Title
Lembo Shirley $73,800 --
Kretzschmar Robert L $73,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lao Kelvin A $319,113
Previous Owner Cole Juliet Elizabeth $202,991
Previous Owner Williamson Dean K $186,934
Previous Owner Varon Susan $78,000
Previous Owner Kretzschmar Robert L $54,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2022 01/19/22 Sold $325,000 +101462.5% $270 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $320 -99.8% $0 / Sq Ft
04/17/2020 04/17/20 Sold $210,000 -7.5% $174 / Sq Ft View Prior Sale
02/05/2020 02/05/20 Price Changed $226,966 -0.4% $189 / Sq Ft
12/18/2019 12/18/19 For Sale $227,966 0.0% $189 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $227,966 +23.2% $189 / Sq Ft
04/04/2017 04/04/17 Sold $185,000 -5.1% $144 / Sq Ft View Prior Sale
03/05/2017 03/05/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $195,000 -- $152 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2026 $7,075 $339,050 $32,390 $306,660
2025 $6,899 $346,160 $32,390 $313,770
2024 $7,593 $346,160 $32,390 $313,770
2023 $7,593 $331,150 $32,390 $298,760
2022 $3,744 $201,150 $0 $0
2021 $3,641 $195,300 $32,390 $162,910
2020 $3,268 $178,390 $0 $0
2019 $3,206 $174,380 $0 $0
2018 $3,008 $171,130 $32,390 $138,740
2017 $1,387 $93,270 $0 $0
2016 $1,301 $91,360 $0 $0
2015 $1,328 $90,730 $0 $0
2014 $1,330 $90,010 $0 $0
2013 -- $103,010 $23,140 $79,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10294425

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-31-14-0211

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