NOT LISTED FOR SALE

703 Banks Rd Margate, FL 33063

Margate Area

Estimated Value: $308,000 - $342,000

2 Beds
2 Baths
1,092 Sq Ft
$298/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2024

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

Est. 8% decrease in value since last sale

Current estimated payment $2,591 / mo

23 Days on Market

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Screened Porch
  • Clubhouse
  • Outdoor Living Area
  • Community Pool

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-Haughton

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

Last Buyer's Agent

Carol James

LoKation License #3355367

LoKation

Range of Values:

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

Interior Spaces

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

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
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Guest Parking

Outdoor Features

  • Patio
  • Outdoor Living Area

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 484231140222

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, pool(s), recreation facilities, reserve fund, roof, trash
  • Woodlake Isles Subdivision
  • Maintained Community

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

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Year Built: 1982
  • Architectural Style: Other
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, Entrance Foyer, Living/Dining Room, Main Level Primary, Split Bedrooms, Storage, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1092.0
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Outdoor Living Area, Porch
  • View: Lake
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake Front, None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: None
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 283.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Clubhouse, Maintenance Grounds, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Reserve Fund, Roof, Trash

Schools

  • Elementary School: Liberty (Broward)
  • High School: Coconut Creek
  • Middle Or Junior School: Margate

Lot Info

  • Parcel #: 484231140222
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2738.0

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
May 28, 2024
Closed on
Jul 16, 2024
Sold by
Litchfield Alicia
Bought by
Seller's Agent
Del Dacks-Haughton
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%
Current Estimated Value
$325,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,895
Avg. Annual Appreciation
-3.66%
Original Mortgage
$17,096
Outstanding Balance
$16,751
Interest Rate
6.99%
Estimated Equity
$308,854

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jul 25, 2016
Sold by
Edward Llc
Bought by
Litchfield Alicia
Seller's Agent
Basia Armenta
LoKation
Buyer's Agent
Jamye Delsman
Homefinders Pro
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
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jul 1, 2016
Bought by
Litchfield Alicia
Seller's Agent
Basia Armenta
LoKation
Buyer's Agent
Jamye Delsman
Homefinders Pro
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
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2016
Sold by
U S Bank Na
Bought by
Edwanda Llc

Purchase Details

Closed on
May 1, 2016
Bought by
Litchfield Alicia

Purchase Details

Closed on
Oct 20, 2015
Sold by
Betanur Jorge and Paez Lopez Farith
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 3, 2002
Sold by
Cyr Dennis and Cyr Anastasia
Bought by
Betancur Jorge and Paez Lopez Farith

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
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1987
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
$352,500 Pcg Title Insurance Agency Llc
Litchfield Alicia -- None Available
Litchfield Alicia $168,000 --
Edwanda Llc $135,104 Premium Title Services Inc
Litchfield Alicia $135,200 --
Us Bank National Association $5,100 None Available
Betancur Jorge $118,500 Champagne Title Services
Available Not $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 Berrios Stephen $341,925
Previous Owner Litchfield Alicia $146,000
Previous Owner Betancur Jorge A $50,000
Previous Owner Betancur Jorge $38,500
Previous Owner Betancur Jorge $115,000
Previous Owner Betancur Jorge $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 -4.5% $323 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
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: 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 $6,238 $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

  • DD

    Seller's Agent in 2024

    Del Dacks-Haughton

    Compass Florida, LLC

  • CJ

    Buyer's Agent in 2024

    Carol James

    LoKation Real Estate

    Section Image
  • Basia Armenta Real Estate Agent - LoKation

    Seller's Agent in 2016

    Basia Armenta

    LoKation

    (954) 822-8668

    8 Total Sales

    Basia Armenta
    Section Image

  • JD

    Buyer's Agent in 2016

    Jamye Delsman

    Homefinders Pro

    (754) 246-4946

    4 Total Sales

    Jamye Delsman
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11594909

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-31-14-0222

Florida Broward County Margate 33063

703 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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