NOT LISTED FOR SALE

705 Banks Rd Margate, FL 33063

Estimated Value: $288,000 - $357,000

2 Beds
2 Baths
1,108 Sq Ft
$298/Sq Ft Est. Value

Last Sold April 07, 2015

Last sale price $142,000 $128 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,210/month

83 Days on Market

Highlights

  • Lake View
  • Community Pool
  • Balcony
  • Screened Porch
  • Billiard Room
  • Fireplace

About This Home

As of April 2015

Not Short Sale, Not REO. This is a great corner 2/2 villa on lake with outstanding views. Gorgeous updated kitchen with stainless steel appliances and wood cabinets. Split bedrooms. Large back patio and front courtyard. Community has Boat Ramp, tennis, 2-pools, clubhouse with pool table and library. Great location and well maintained this home will not last. Seller Motivated!!

Last Buyer's Agent

Wayne Blackburn

Greater Broward Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,125

Year Built

  • Built in 1983

Lot Details

  • 3,048

HOA Fees

  • $162 Monthly HOA Fees

Home Design

  • Villa
  • Entry on the 1st floor

Interior Spaces

  • 1,108 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Screened Porch
  • Tile Flooring
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Additional Features

  • Balcony
  • 3,048 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 484231140223

Community Details

Overview

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

Amenities

  • Picnic Area
  • Billiard Room
  • Community Library

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,125

Year Built

Built in 1983

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: ON BANKS ROAD GO SOUTH OF COCONUT CREEK PLACE OR NORTH OF ATLANTIC BLVD.
  • Year Built: 1983
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Other, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Entry
  • Fireplace: Yes
  • Flooring: Tile
  • Living Area: 1108.0
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area, Porch
  • View: Lake
  • Fencing: Fenced
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake, Other
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened, 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

Condo/Co-op/Association

  • Association Fee: 485.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Billiard Room, Library, Picnic Area, Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 484231140223
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.2
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1125.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Roloff Mark and Roloff Kaitlin
Bought by
Sperry William A
Current Estimated Value
$330,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,051
Outstanding Balance
$188,289
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$142,301

Purchase Details

Listed on
Dec 10, 2014
Closed on
Apr 7, 2015
Sold by
Mas Lesniak Doris E and Mas Doris E
Bought by
Roloff Mark and Roloff Kaitlin
Buyer's Agent
Wayne Blackburn
Greater Broward Realty Inc
List Price
$150,000
Sold Price
$142,000
Premium/Discount to List
-$8,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$134,900
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2003
Sold by
Schloss Janith E and Allen Candy L
Bought by
Mas Doris E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1994
Sold by
Schloss Janith E
Bought by
Schloss Janith E and Allen Candy Lynn

Purchase Details

Closed on
Oct 1, 1988
Sold by
Available Not
Bought by
Available Not
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

Date Buyer Sale Price Title Company
Sperry William A $218,000 Nexstar Title And Escrow Llc
Roloff Mark $142,000 None Available
Mas Doris E $130,000 Turnkey Title
Schloss Janith E -- --
Available Not $57,357 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sperry William A $214,051
Previous Owner Roloff Mark $134,900
Previous Owner Mas Doris E $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2015 04/07/15 Sold $142,000 -5.3% $128 / Sq Ft
03/08/2015 03/08/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $150,000 -- $135 / 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 $3,931 $210,870 -- --
2025 $3,829 $210,870 -- --
2024 $3,746 $204,930 -- --
2023 $3,746 $198,970 $0 $0
2022 $3,571 $193,180 $0 $0
2021 $3,472 $187,560 $22,100 $165,460
2020 $1,645 $104,100 $0 $0
2019 $1,608 $101,760 $0 $0
2018 $1,509 $99,870 $0 $0
2017 $1,484 $97,820 $0 $0
2016 $1,398 $95,810 $0 $0
2015 $2,908 $118,600 $0 $0
2014 $1,125 $81,090 $0 $0
2013 -- $92,790 $21,340 $71,450
Source: Public Records

Agents Affiliated with this Home

  • W

    Buyer's Agent in 2015

    Wayne Blackburn

    Greater Broward Realty Inc

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1319641

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-31-14-0223

Florida Broward County Margate 33063

705 Banks Rd, Margate, FL

Not Listed for Sale

Detached

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