NOT LISTED FOR SALE

7505 NW 5th Place Unit 206 Margate, FL 33063

Estimated Value: $102,000 - $130,000

2 Beds
2 Baths
990 Sq Ft
$324/mo HOA Fee

Last Sold September 30, 2020

Last sale price $59,000 $60 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,109/month

139 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • Clubhouse
  • Heated Pool
  • Home fronts a canal
  • Screened Porch

About This Home

As of September 2020

OWNER SAYS SELL!!! ORIOLE GARDENS FRESHLY PAINTED, TILED TWO BEDROOM 2 BATH CONDO OVERLOOKING PEACEFUL CANAL. CLOSE TO CLUBHOUSE WITH BILLARDS, AUDITORIUM, KITCHEN, EXERCISE ROOM, CARD ROOM. ALSO CLOSE TO POOL. COMPLEX IS CONVENIENT TO PUBLIX, SHOPPING, BANKS, & RESTAURANTS. ASSOCIATION STATES 55+, REQUIRES 675+ TRANSUNION CREDIT SCORE, $35,000 YR. INCOME, & SECURITY DEPOSIT. CALL FOR DETAILS.

Last Agent to Sell the Property

Tom Salomone

Real Estate II Inc License #0351536 Listed on: 04/13/2020

Last Buyer's Agent

Lorena Cooke

Dwelling Property Management LLC License #3458785

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1974

Lot Details

  • Home fronts a canal

HOA Fees

  • $324 Monthly HOA Fees

Interior Spaces

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

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Heated Pool
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 484135HB0140

Community Details

Overview

  • Active Adult
  • Association fees include all facilities, cable TV, laundry, maintenance structure, pest control, trash, water
  • Oriole Gardens Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Community Library

Recreation

  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,301

Year Built

Built in 1974

Lot Details

0

HOA Fees

$324 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.
  • Year Built: 1974
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Second Floor Entry, Living/Dining Room
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 990.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • View: Canal
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Canal Front, None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: One Space

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 973.0
  • Senior Community: Yes
  • Amenities: Clubhouse, Fitness Center, Library, Barbecue, Picnic Area, Pool, Shuffleboard Court
  • Association Fee Frequency: Quarterly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: All Facilities, Cable TV, Laundry, Maintenance Structure, Pest Control, Trash, Water

Lot Info

  • Parcel #: 484135HB0140

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1301.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
Sep 30, 2020
Sold by
Singh Sahadei and Singh Troy Chitraj
Bought by
France Jack and France Mala
Seller's Agent
Tom Salomone
Real Estate II Inc
Buyer's Agent
Lorena Cooke
Dwelling Property Management LLC
List Price
$69,900
Sold Price
$59,000
Premium/Discount to List
-$10,900
-15.59%
Current Estimated Value
$113,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,111
Avg. Annual Appreciation
13.84%

Purchase Details

Closed on
Aug 6, 2010
Sold by
Saliani Virginia
Bought by
Singh Sahadei and Singh Troy Chitraj

Purchase Details

Closed on
Sep 27, 1996
Sold by
Borman Howard and Borman Nava
Bought by
Saliani Edward and Saliani Virginia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
France Jack $59,000 Attorney
Singh Sahadei $23,000 Title Network Services Inc
Saliani Edward $27,000 --
Borman Howard $100 --
Borman Howard $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $59,000 -15.6% $60 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $69,900 -- $71 / 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 $2,199 $81,190 -- --
2024 $2,056 $81,190 -- --
2023 $2,056 $67,100 $0 $0
2022 $1,658 $61,000 $0 $0
2021 $1,514 $55,460 $5,550 $49,910
2020 $1,398 $53,460 $5,350 $48,110
2019 $1,301 $47,820 $4,780 $43,040
2018 $1,170 $43,560 $4,360 $39,200
2017 $1,089 $36,760 $0 $0
2016 $973 $33,420 $0 $0
2015 $947 $30,390 $0 $0
2014 $874 $27,630 $0 $0
2013 -- $25,120 $2,510 $22,610
Source: Public Records

Agents Affiliated with this Home

  • Tom Salomone

    Seller's Agent in 2020

    Tom Salomone

    Real Estate II Inc

    (954) 973-3360

    125 Total Sales

    Tom Salomone
    Section Image

  • L

    Buyer's Agent in 2020

    Lorena Cooke

    Dwelling Property Management LLC

    (407) 801-4053

    Lorena Cooke
    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10225365

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-35-HB-0140

Florida Broward County Margate 33063

7505 NW 5th Place Unit 206, Margate, FL

This home is located at 7505 NW 5th Place Unit 206, Margate, FL 33063 since 13 April 2020 and is currently estimated at $113,111, approximately $114 per square foot. This property was built in 1974. 7505 NW 5th Place Unit 206 is a home located in Broward County with nearby schools including Atlantic West Elementary School, Margate 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes