NOT LISTED FOR SALE

7400 NW 5th Place Unit 204 Margate, FL 33063

Estimated Value: $79,000 - $91,000

1 Bed
1 Bath
670 Sq Ft
$335/mo HOA Fee

Last Sold February 02, 2024

Last sale price $89,900 $134 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $938/month

11 Days on Market

Highlights

  • Senior Community
  • Garden View
  • Community Pool
  • Clubhouse
  • Screened Porch
  • Breakfast Area or Nook

About This Home

As of February 2024

PROPERTY SOLD "AS IS". THIS ONE BEDROOM, ONE BATH IS IDEALLY LOCATED RIGHT NEXT TO THE CLUBHOUSE, WHICH HAS A BEAUTIFUL POOL, AUDITORIUM, FULL KITCHEN, CARD ROOM, EXERCISE ROOM, AND BILLIARDS. AT THIS GREAT PRICE, RENOVATE THIS UNIT TO YOUR LIKING. CLOSE TO MALL/SHOPPING, BANKS, RESTAURANTS, WALGREENS, AND MUCH MORE. SHORT DRIVE TO THE BEACH. ASSOCIATION STATES 55+, 675+ CREDIT SCORE, $35,000 + INCOME. REQUIRES A SECURITY DEPOSIT, AND IN PERSON SCREENING. ALSO REQUIRES 20% DOWN, IF FINANCING, THOUGH SOME BANKS REQUIRE MORE.

Last Agent to Sell the Property

Tom Salomone

Real Estate II Inc License #0351536 Listed on: 12/22/2023

Last Buyer's Agent

Sandra Stevens

Blue Realty Team, LLC License #3103464

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 1973

Lot Details

  • 1,089

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 670 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch
  • Laminate Flooring
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Balcony
  • West Facing Home

Listing and Financial Details

  • Security Deposit $3,012
  • Assessor Parcel Number 484135CK0120

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, maintenance structure, parking, pool(s), recreation facilities, roof, sewer, trash, water
  • Oriole Gardens Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,256

Year Built

Built in 1973

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1973
  • Carport Y N: No
  • Entry Level: 2
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Second Floor Entry, Living/Dining Room, Main Living Area Entry Level
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate
  • Living Area: 670.0
  • Dining Room Type: Porch
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • View: Garden
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Glass Enclosed, Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, One Space

Utilities

  • Laundry Features: Common Area
  • 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: 1004.0
  • Community Features: Non-Gated
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Laundry, Library, Pool, Storage
  • Association #2 Fee: 1004.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 484135CK0120

Rental Info

  • Security Deposit: 3012.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1256.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2023
Closed on
Feb 2, 2024
Sold by
Arnold Israel Revocable Living Trust
Bought by
Kramer Madelyn
Seller's Agent
Tom Salomone
Real Estate II Inc
Buyer's Agent
Sandra Stevens
Blue Realty Team, LLC
List Price
$89,900
Sold Price
$89,900
Views
120
Current Estimated Value
$84,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,947
Avg. Annual Appreciation
-2.20%
Original Mortgage
$67,425
Outstanding Balance
$66,559
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$20,334

Purchase Details

Closed on
Apr 25, 2013
Sold by
Israel Arnold
Bought by
Israel Arnold and Arnold Israel Revocable Living Trust

Purchase Details

Closed on
Mar 27, 1996
Sold by
Israel Rose and Israel Arnold And Susan
Bought by
Israel Rose and Israel Arnold

Purchase Details

Closed on
Nov 1, 1991
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
Kramer Madelyn $89,900 Supreme Title
Israel Arnold -- Attorney
Israel Rose $100 --
Available Not $8,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Madelyn $67,425
Previous Owner Israel Rose $11,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $89,900 0.0% $134 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/22/2023 12/22/23 For Sale $89,900 -- $134 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $1,659 $93,410 $9,340 $84,070
2024 $1,414 $93,410 $9,340 $84,070
2023 $1,414 $44,930 $0 $0
2022 $1,256 $40,850 $0 $0
2021 $1,144 $37,140 $0 $0
2020 $1,038 $33,770 $3,380 $30,390
2019 $1,015 $34,760 $3,480 $31,280
2018 $907 $29,480 $2,950 $26,530
2017 $855 $26,010 $0 $0
2016 $865 $29,330 $0 $0
2015 $853 $27,400 $0 $0
2014 $797 $24,910 $0 $0
2013 -- $21,160 $2,120 $19,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10414857

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-35-CK-0120