NOT LISTED FOR SALE

7505 NW 5th Place Unit 201 Margate, FL 33063

Estimated Value: $110,000 - $129,000

2 Beds
2 Baths
990 Sq Ft
$388/mo HOA Fee

Last Sold April 20, 2023

Last sale price $120,000 $121 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,180/month

31 Days on Market

Highlights

  • Active Adult
  • Canal Access
  • Clubhouse
  • Waterfront
  • Canal View
  • Community Pool

About This Home

As of April 2023

2 Bedroom/ 2 Bath Corner Unit in Desirable Oriole Gardens Margate. This Unit has an Awesome Water Lot and Loads of Light from Windows in the Bedrooms. Fresh Paint. Tile in Living Areas and Laminate in Bedrooms. No Carpet! Kitchen Features Wood Cabinets and Stainless. Split Plan for Privacy from Guests. Glass Enclosed Patio Overlooks Serene Water Views and can be Used as a Den, Office or Relaxing Sitting Area. Community Offers Beautiful Pools & Clubhouse with Billiards, Card Room, Auditorium and Gym. Awesome Location Close to Shopping & Restaurants. Hurry!

Last Agent to Sell the Property

Glenn Peleg

LoKation License #3079272 Listed on: 02/11/2023

LoKation

Last Buyer's Agent

Glenn Peleg

LoKation License #3079272 Listed on: 02/11/2023

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,646

Year Built

  • Built in 1974

Lot Details

  • Waterfront

HOA Fees

  • $388 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 990 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Canal Access
  • Enclosed Glass Porch

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484135hb0090

Community Details

Overview

  • Active Adult
  • Association fees include management, common areas, cable TV, laundry, recreation facilities, roof
  • Oriole Gardens 34 Condo Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,646

Year Built

Built in 1974

Lot Details

0

HOA Fees

$388 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: ATLANTIC BLVD. WEST OF ROCK ISLAND TO 76 AVENUE. MAKE RIGHT. FOLLOW TO 5TH PLACE. RIGHT TO BLDG. #34 on LEFT.
  • Year Built: 1974
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 990.0
  • Dining Room Type: Porch
  • Stories: 2

Exterior Features

  • View: Canal
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Glass Enclosed, Porch
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 388.0
  • Community Features: Clubhouse, Non-Gated, Property Manager On-Site, Pool
  • Senior Community: Yes
  • Amenities: Clubhouse, Laundry, Management, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Laundry, Recreation Facilities, Roof

Lot Info

  • Parcel #: 484135hb0090
  • Zoning Description: R-3

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1646.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2023
Closed on
Apr 19, 2023
Sold by
Smith Lamont M
Bought by
Caserto Estrella and Atali Mustafa
Seller's Agent
Glenn Peleg
LoKation
Buyer's Agent
Glenn Peleg
LoKation
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Views
297
Current Estimated Value
$117,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,004
Avg. Annual Appreciation
-0.68%

Purchase Details

Closed on
Jun 4, 2012
Sold by
Smith Carla
Bought by
Smith Lamont

Purchase Details

Closed on
Nov 22, 2011
Sold by
Martinez Andrew
Bought by
Smith Lamont M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2011
Sold by
Callahan Tammy
Bought by
Martinez Andrew

Purchase Details

Closed on
Oct 30, 2009
Sold by
Martinez Irma
Bought by
Martinez Irma and Callahan Tammy

Purchase Details

Closed on
Jul 1, 1987
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Caserto Estrella $120,000 Delray Title & Abstract
Smith Lamont -- Attorney
Smith Lamont M $32,500 Title Network Inc
Martinez Andrew -- None Available
Martinez Irma -- None Available
Available Not $31,036 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Lamont M $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2023 04/20/23 Sold $120,000 -7.6% $121 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $129,900 -- $131 / 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 $1,970 $120,010 $12,000 $108,010
2024 $2,043 $119,410 $11,940 $107,470
2023 $2,043 $66,280 $0 $0
2022 $1,646 $60,260 $0 $0
2021 $1,539 $54,790 $0 $0
2020 $1,412 $53,460 $5,350 $48,110
2019 $1,314 $47,820 $4,780 $43,040
2018 $1,181 $43,560 $4,360 $39,200
2017 $1,099 $37,440 $0 $0
2016 $986 $34,290 $0 $0
2015 $959 $31,180 $0 $0
2014 $891 $28,350 $0 $0
2013 -- $25,780 $2,580 $23,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10865565

BeachesMLS

APN: 48-41-35-HB-0090