NOT LISTED FOR SALE

7340 Lake Circle Dr Unit 307 Margate, FL 33063

Oriole Gardens Neighborhood

Estimated Value: $138,000 - $153,000

2 Beds
2 Baths
1,100 Sq Ft
1980 Built

Sale Details

Date Sold: August 20, 2021

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

Est. 37% increase in value since last sale

Current estimated payment $1,298 / mo

159 Days on Market

Highlights

  • Active Adult
  • Clubhouse
  • Outdoor Living Area
  • Lake View
  • Main Floor Bedroom
  • Sauna

About This Home

As of August 2021

MOTIVATED SELLER . WILL TRANSFER PRIDE HOME APPLIANCE CONTRACT TO BUYER WHICH EXPIRES JUNE 2022. SPACIOUS 2 BEDROOM 2 BATH CONDO. RELAX ON YOUR LARGE ENCLOSED TILED PATIO WITH A SERENE WATER VIEW. WASHER AND DRYER IN UNIT! PET FRIENDLY COMMUNITY....2 SMALL PETS UNDER 20 LBS. WALK IN CLOSET IN MASTER BEDROOM. MICROWAVE INCLUDED. EXTRA STORAGE AREA. WALK TO PUBLIX, WALGREENS, BANKS AND RESTAURANTS AND BUSES. CLOSE TO MALL AND SHOPPING. ASSOCIATION STATES 55+ COMMUNITY AND MUST HAVE 650+ CREDIT SCORE. BEAUTIFUL CLUBHOUSE, 2 POOLS, TENNIS COURT, EXERCISE ROOM, SAUNA AND SHUFFLEBOARD. ALL REASONABLE OFFERS CONSIDERED.

Last Agent to Sell the Property

Linda Perfetto

Real Estate II Inc License #0557776 Listed on: 02/09/2021

Co-Listed By

Ira Goren

Real Estate II Inc License #569910

Last Buyer's Agent

Jennipher Caso

Highlight Realty Corp/LW License #3253269

Highlight Realty Corp/LW

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $686

Year Built

  • Built in 1980

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,100 Sq Ft Home
  • 4-Story Property
  • Fireplace
  • Combination Dining and Living Room
  • Screened Porch
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Living Area

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 484135G30230

Community Details

Overview

  • Active Adult
  • Association fees include maintenance structure, pest control, recreation facilities, trash, water
  • Palm Lakes Subdivision
  • Maintained Community
  • Car Wash Area
  • Community Parking

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Storage Space

Recreation

  • Shuffleboard Court
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$686

Year Built

Built in 1980

Lot Details

0 Sq Ft Lot

HOA Fees

$375 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: ATLANTIC BLVD. TO LAKE CIRCLE DRIVE JUST EAST OF 76 AVENUE OR ROCK ISLAND ROAD SOUTH OF ATLANTIC BLVD. TO LAKE CIRCLE DRIVE RIGHT AFTER PUBLIX ON RIGHT HAND SIDE. FOLLOW TO BUILDING #2.
  • MaximumNumberOfPets: 2
  • Year Built: 1980
  • Entry Level: 3
  • New Construction: No
  • Pets No Pets Comments: Total Weight Limit Of Pets:20
  • MaximumPetWeight: 20
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Eat-in Kitchen, Living/Dining Room, 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: Third Floor Entry,Walk-In Closets
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 1100.0
  • Stories: 4

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest

Utilities

  • Security: None
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1125.0
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Car Wash Area, Maintenance Grounds, Picnic Area, Pool, Parking, Shuffleboard Court, Sauna, Storage
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit

Fee Information

  • Association Fee Includes: Maintenance Structure, Pest Control, Recreation Facilities, Trash, Water

Lot Info

  • Parcel #: 484135G30230
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 686.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Aug 27, 2021
Sold by
Farrell Gary and Holmes Kristine Farrell
Bought by
Arce Martha S
Seller's Agent
Linda Perfetto
Real Estate II Inc
Buyer's Agent
Jennipher Caso
Highlight Realty Corp/LW
List Price
$124,000
Sold Price
$105,000
Premium/Discount to List
-$19,000
-15.32%
Current Estimated Value
$143,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,429
Avg. Annual Appreciation
7.00%

Purchase Details

Listed on
Feb 9, 2021
Closed on
Aug 25, 2021
Sold by
Gary Farrell and Farrell Holmes Kristine
Bought by
Arce Martha
Seller's Agent
Linda Perfetto
Real Estate II Inc
Buyer's Agent
Jennipher Caso
Highlight Realty Corp/LW
List Price
$124,000
Sold Price
$105,000
Premium/Discount to List
-$19,000
-15.32%

Purchase Details

Listed on
Feb 9, 2021
Closed on
Aug 20, 2021
Sold by
Farrell Gary and Holmes Kristine Farrell
Bought by
Arce Martha S
Seller's Agent
Linda Perfetto
Real Estate II Inc
Buyer's Agent
Jennipher Caso
Highlight Realty Corp/LW
List Price
$124,000
Sold Price
$105,000
Premium/Discount to List
-$19,000
-15.32%

Purchase Details

Closed on
Mar 27, 2003
Sold by
Parlow Lois and Jacy Collier Cogert Trust
Bought by
Farrell Michael and Farrell Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
5.86%

Purchase Details

Closed on
Aug 1, 1980
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
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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
Arce Martha S $105,000 First International Title
Arce Martha $105,000 First International Title
Arce Martha S $105,000 First International Ttl Inc
Farrell Michael $73,500 Sunbelt Title Agency
Available Not $34,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farrell Michael $73,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $105,000 -15.3% $95 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $124,000 -- $113 / 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 $1,814 $116,060 -- --
2025 $1,762 $113,010 -- --
2024 $1,713 $109,830 -- --
2023 $1,713 $106,640 $0 $0
2022 $1,619 $103,540 $10,350 $93,190
2021 $2,546 $102,630 $10,260 $92,370
2020 $686 $43,150 $0 $0
2019 $678 $42,180 $0 $0
2018 $645 $41,400 $0 $0
2017 $632 $40,550 $0 $0
2016 $546 $39,720 $0 $0
2015 $552 $39,450 $0 $0
2014 $550 $39,140 $0 $0
2013 -- $45,530 $4,550 $40,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10270308

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-35-G3-0230

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