NOT LISTED FOR SALE

721 Banks Rd Unit 721 Margate, FL 33063

Estimated Value: $232,000 - $350,000

2 Beds
2 Baths
1,038 Sq Ft
$299/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $350,000 $337 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,393/month

16 Days on Market

Highlights

  • Tennis Courts
  • Vaulted Ceiling
  • Screened Porch
  • Clubhouse
  • Garden View
  • 5-minute walk to Lakewood Park

About This Home

As of March 2024

2 BEDROOMS 2 BATHROOMS CORNER VILLA IN DESIRABLE WOODLAKE ISLE, THIS BEAUTIFUL COMMUNITY IS SITTING ON A GREAT LOCATION WITH ACCESS TO EVERYTHING YOU NEED. THIS GREAT UNIT COMES WITH A RECENT REMODELED KITCHEN WITH GRANITE COUNTERTOPS AND SS APPLIANCES, MASTER BATHROOM WAS ALSO REMODELED ABOUT 7 YEARS AGE AND IT SHOWS LIKE NEW. SECOND BATHROOM WAS RECENTLY REMODELED. TILE FLOORS THROUGH THE ENTIRE UNIT, LARGE LIVING AREAS AND VAULTED CEILINGS. AIR CONDITIONING IS FROM 2015. ALL IMPACT WINDOWS AND SHUTTERS FOR WINDOWS AND SLIDING DOORS, IMPACT FRONT DOOR. LARGE PORCH IN THE BACK AND FRONT FENCED COURTYARD. LARGE WALK IN CLOSET IN MASTER BEDROOM, LAUNDRY INSIDE AND STORAGE CLOSET IN THE BACK. COMMUNITY HAVE HEATED POOL, CLUB HOUSE, KITCHEN FACILITIES AND MORE

Last Agent to Sell the Property

Pablo Martin

LoKation License #3161680 Listed on: 02/02/2024

LoKation

Last Buyer's Agent

Marco Reyes

Coldwell Banker Realty License #3208753

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,431

Year Built

  • Built in 1983

Lot Details

  • East Facing Home

HOA Fees

  • $283 Monthly HOA Fees

Home Design

  • Villa
  • Entry on the 1st floor

Interior Spaces

  • 1,038 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Garden Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level 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

  • Tennis Courts
  • Balcony
  • Courtyard

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 484231140243

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, recreation facilities, roof
  • Woodlake Isles Subdivision

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,431

Year Built

Built in 1983

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: FROM ATLANTIC AVE GO WEST TO BANKS RD GO NORTH TO ENTRANCE ON THE LEFT FOR THE COMMUNITY.
  • Year Built: 1983
  • Entry Level: 1
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Main Level Primary, Pantry, Split Bedrooms, Separate 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, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Entry,Foyer Entry,Pantry,Split Bedroom
  • Fireplace: Yes
  • Flooring: Tile
  • Living Area: 1038.0
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony, Courtyard, Lighting, Outdoor Living Area, Tennis Court(s), Porch
  • View: Garden
  • Pool Features: Association
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Porch, Screened, Balcony
  • Property Condition: Resale, Updated/Remodeled

Garage/Parking

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

Utilities

  • Security: Security Fence
  • 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: 850.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Community Kitchen, Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Roof

Lot Info

  • Parcel #: 484231140243
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2431.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 15, 2024
Sold by
Gonzalez Maria
Bought by
Hernandez Juan Carlos and Herrera Claudia Yulieth
Seller's Agent
Pablo Martin
LoKation
Buyer's Agent
Marco Reyes
Coldwell Banker Realty
List Price
$350,000
Sold Price
$350,000
Views
30
Current Estimated Value
$309,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,125
Avg. Annual Appreciation
-6.30%
Original Mortgage
$343,660
Outstanding Balance
$336,595
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
-$26,720

Purchase Details

Listed on
Feb 14, 2016
Closed on
Mar 25, 2016
Sold by
Duran Amy D and Raphael Mark
Bought by
Gonzalez Maria
Seller's Agent
ARTHUR BIMONTE
Signature Best Florida Realty
Buyer's Agent
Patrick Baron
Dalton Wade Inc
List Price
$139,000
Sold Price
$130,000
Premium/Discount to List
-$9,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$85,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2010
Sold by
Byers Holly A
Bought by
Duran Amy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,604
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1988
Sold by
Available Not
Bought by
Available Not
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Hernandez Juan Carlos $350,000 Sunbelt Title
Gonzalez Maria $130,000 None Available
Duran Amy D $105,000 Attorney
Available Not $39,286 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Juan Carlos $343,660
Previous Owner Gonzalez Maria $85,000
Previous Owner Duran Amy D $103,604
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2024 03/15/24 Sold $350,000 0.0% $337 / Sq Ft
02/02/2024 02/02/24 For Sale $350,000 +169.2% $337 / Sq Ft
04/07/2016 04/07/16 Sold $130,000 -6.5% $130 / Sq Ft View Prior Sale
03/08/2016 03/08/16 Pending -- -- --
02/14/2016 02/14/16 For Sale $139,000 -- $139 / 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 $5,981 $305,620 $16,170 $289,450
2025 $2,492 $280,010 $16,170 $263,840
2024 $2,431 $280,010 $16,170 $263,840
2023 $2,431 $139,240 $0 $0
2022 $2,308 $135,190 $0 $0
2021 $2,240 $131,260 $0 $0
2020 $2,198 $129,450 $0 $0
2019 $2,153 $126,540 $0 $0
2018 $2,020 $124,190 $0 $0
2017 $1,993 $121,640 $0 $0
2016 $895 $67,950 $0 $0
2015 $918 $67,480 $0 $0
2014 $925 $66,950 $0 $0
2013 -- $78,110 $11,550 $66,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10421970

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-31-14-0243