NOT LISTED FOR SALE

703 Banks Rd Margate, FL 33063

Margate Area

Estimated Value: $322,000 - $338,000

2 Beds
2 Baths
1,092 Sq Ft
$300/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2024

Last sale price $352,500 $323 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,571 / mo

43 Days on Market

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Tennis Courts
  • Clubhouse
  • Community Pool
  • Breakfast Area or Nook

About This Home

As of July 2024

2-bed, 2-bath lakefront villa in Woodlake Isles has a large open floor plan with vaulted ceilings. Kitchen features shaker cabinets, granite countertops, and S/S appliances. Both bedrooms have en-suite baths, with the primary bathroom featuring an updated bathroom and large shower. Primary suite offers a front fenced patio. Tile floors thru-out and relax on your large private screened patio overlooking the lake. Woodlake Isles, a pet-friendly community, amenities including a clubhouse, 2 heated pools, tennis courts, sauna, and much more, HOA-covered roof maintenance. Accordion shutters protect all windows and doors 2 parking spaces, close proximity to shops and highways. Special financing available. No money down and No PMI for qualified buyers. Price is firm. Priced to sell.

Last Agent to Sell the Property

Del Dacks

Compass Florida, LLC License #3290286 Listed on: 05/28/2024

Compass Florida, LLC

Last Buyer's Agent

Carol James

LoKation License #3355367

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1982

Lot Details

  • Lake Front
  • South Facing Home

HOA Fees

  • $283 Monthly HOA Fees

Home Design

  • Villa
  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Tile Flooring
  • Lake Views
  • Complete Accordion Shutters

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Guest Parking

Outdoor Features

  • Patio

Schools

  • Liberty Elementary School
  • Margate Middle School
  • Coconut Crk High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 484231140222

Community Details

Overview

  • Woodlake Isles Subdivision
  • The community has rules related to no recreational vehicles or boats

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,738

Year Built

Built in 1982

Lot Details

2,222 Sq Ft Lot

HOA Fees

$283 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Villa
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Villa Fee Simple, Villa
  • Subdivision Name: Woodlake Isles
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1092
  • Possible Use: Primary
  • Stories: 1
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Storage Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Lake
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Patio, Screened Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Woodlake Isles
  • Parking Features: 2 Or More Spaces, Guest, Limited # Of Vehicle, No Rv/Boats

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 283
  • Amenities: Clubhouse-Clubroom, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Liberty
  • High School: Coconut Crk High
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel Number: 484231140222
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2738

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
May 28, 2024
Closed on
Jul 16, 2024
Sold by
Bought by
Seller's Agent
Del Dacks
Compass Florida, LLC
Buyer's Agent
Carol James
LoKation
List Price
$369,000
Sold Price
$352,500
Premium/Discount to List
-$16,500
-4.47%
Views
86
Current Estimated Value
$327,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,329
Avg. Annual Appreciation
-3.70%
Original Mortgage
$17,096
Interest Rate
0.0699%

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jul 25, 2016
Sold by
Bought by
Seller's Agent
Basia Armenta
LoKation
List Price
$174,900
Sold Price
$168,000
Premium/Discount to List
-$6,900
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$146,000
Interest Rate
0.0348%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jul 1, 2016
Bought by
Seller's Agent
Basia Armenta
LoKation
List Price
$174,900
Sold Price
$168,000
Premium/Discount to List
-$6,900
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
0.0348%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2016
Sold by
Bought by

Purchase Details

Closed on
May 1, 2016
Bought by

Purchase Details

Closed on
Oct 20, 2015
Sold by
Bought by

Purchase Details

Closed on
Oct 3, 2002
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
$112,575
Interest Rate
0.0621%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1987
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
$352,500 Pcg Title Insurance Agency Llc
-- None Available
$168,000 --
$135,104 Premium Title Services Inc
$135,200 --
$5,100 None Available
$118,500 Champagne Title Services
$41,429 --
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 $17,096
Open $341,925
Previous Owner $146,000
Previous Owner $50,000
Previous Owner $38,500
Previous Owner $115,000
Previous Owner $112,575
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
07/18/2024 07/18/24 Sold $352,500 +0.7% $323 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $350,000 -5.1% $321 / Sq Ft
05/28/2024 05/28/24 For Sale $369,000 +119.6% $338 / Sq Ft
07/27/2016 07/27/16 Sold $168,000 -3.9% $139 / Sq Ft View Prior Sale
06/27/2016 06/27/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $174,900 -- $145 / 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 $6,238 $284,750 $17,600 $267,150
2025 $2,804 $290,950 $17,600 $273,350
2024 $2,738 $290,950 $17,600 $273,350
2023 $2,738 $153,170 $0 $0
2022 $2,603 $148,710 $0 $0
2021 $2,527 $144,380 $0 $0
2020 $2,481 $142,390 $0 $0
2019 $2,431 $139,190 $0 $0
2018 $2,281 $136,600 $15,950 $120,650
2017 $2,624 $151,200 $0 $0
2016 $2,884 $121,780 $0 $0
2015 $2,527 $96,650 $0 $0
2014 $2,362 $87,870 $0 $0
2013 -- $86,850 $15,400 $71,450
Source: Public Records

Agents Affiliated with this Home

  • Del Dacks

    Seller's Agent in 2024

    Del Dacks

    Compass Florida, LLC

    (954) 240-9725

    67 Total Sales

    Del Dacks
    Section Image

  • C

    Buyer's Agent in 2024

    Carol James

    LoKation Real Estate

    Section Image
  • Basia Armenta

    Seller's Agent in 2016

    Basia Armenta

    LoKation

    (954) 822-8668

    9 Total Sales

    Basia Armenta
    Section Image

  • L

    Buyer Co-Listing Agent in 2016

    Laurie Barfield

    The Keyes Company - Stuart

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11594909

MIAMI REALTORS® MLS

APN: 48-42-31-14-0222

Florida Broward County Margate 33063

703 Banks Rd, Margate, FL

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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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