NOT LISTED FOR SALE

7220 Lake Circle Dr Unit 203 Building 5 Margate, FL 33063

Oriole Gardens Neighborhood

Estimated Value: $137,223 - $170,000

2 Beds
2 Baths
1,100 Sq Ft
$375/mo HOA Fee

Last Sold June 17, 2021

Last sale price $105,000 $95 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,452/month

51 Days on Market

Highlights

  • Water Views
  • Senior Community
  • Separate Shower in Primary Bathroom
  • Fitness Center
  • Screened Porch
  • Built-In Features

About This Home

As of June 2021

For sale cozy condominium 2 bedrooms 2 bath on a nice and quite community for 55+ very convenient location on Margate close to stores, restaurants and highways

Last Agent to Sell the Property

Alma Gutierrez

Statewide Realty Group LLC License #3294255 Listed on: 03/27/2021

Last Buyer's Agent

Sven Englund

EXECUTIVE TRUST REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 1980

Lot Details

  • 19

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,100 Sq Ft Home
  • 4-Story Property
  • Partially Furnished
  • Built-In Features
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4841 35 G3 1070

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, pest control, sewer, water
  • Palm Lakes Condo Subdivision

Recreation

  • Fitness Center

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,955

Year Built

Built in 1980

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 Exit on Atlantic Blvd, Westbound and proceed just pass rock island
  • Year Built: 1980
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Living/Dining Room, Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Living Area: 1100.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 4

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 375.0
  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: Yes
  • Amenities: Fitness Center
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 4841 35 G3 1070
  • Zoning Description: Res

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1955.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Jun 17, 2021
Sold by
Bernard Helaine A and Seelig Philip H
Bought by
Lewis Janette and Lewis Lawrence
Seller's Agent
Alma Gutierrez
Statewide Realty Group LLC
Buyer's Agent
Sven Englund
EXECUTIVE TRUST REALTY LLC
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Current Estimated Value
$141,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,730
Avg. Annual Appreciation
8.27%
Original Mortgage
$94,500
Outstanding Balance
$86,484
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$59,411

Purchase Details

Closed on
Sep 29, 1988
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Jun 21, 1988
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Mar 1, 1980
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lewis Janette $105,000 Aces Title Agency Llc
Available Not $7,857 --
Available Not $7,857 --
Available Not $34,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Janette $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $105,000 -8.7% $95 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $115,000 -- $105 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

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
2025 $3,533 $154,660 -- --
2024 $3,227 $154,660 -- --
2023 $3,227 $127,820 $0 $0
2022 $2,830 $116,200 $11,620 $104,580
2021 $2,400 $93,580 $0 $0
2020 $2,256 $99,990 $10,000 $89,990
2019 $2,082 $89,230 $8,920 $80,310
2018 $1,862 $83,240 $8,320 $74,920
2017 $1,746 $63,930 $0 $0
2016 $1,554 $58,120 $0 $0
2015 $1,476 $52,840 $0 $0
2014 $1,372 $48,040 $0 $0
2013 -- $45,100 $4,510 $40,590
Source: Public Records

Agents Affiliated with this Home

  • Alma Gutierrez

    Seller's Agent in 2021

    Alma Gutierrez

    Statewide Realty Group LLC

    (561) 717-7095

    1 in this area

    59 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Sven Englund

    EXECUTIVE TRUST REALTY LLC

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10703239

BeachesMLS

APN: 48-41-35-G3-1070

Florida Broward County Margate 33063 Oriole Gardens

7220 Lake Circle Dr Unit 203 Building 5, Margate, FL

This home is located at 7220 Lake Circle Dr Unit 203 Building 5, Margate, FL 33063 since 27 March 2021 and is currently estimated at $150,556, approximately $136 per square foot. This property was built in 1980. 7220 Lake Circle Dr Unit 203 Building 5 is a home located in Broward County with nearby schools including Morrow Elementary School, Silver Lakes Middle School, and Coconut Creek High School.

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 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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