$177,000
SOLD DEC 20, 2024

7624 NW 18th St Unit 106 Margate, FL 33063

2 Beds
2 Baths
1,000 Sq Ft
$653/mo HOA Fee

Recently Sold

$177 Per Sq Ft

29% Below List Price

89 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Heated Community Pool
  • Senior Community
  • Sauna
  • Elevator

About This Home

As of December 2024

DRASTIC PRICE REDUCTION!! SELLER SAYS GET IT SOLD !!
WOW!!! THIS FANTASTIC FULLY RENOVATED, ULTRA MODERN GROUND FLOOR UNIT HAS BEEN REDONE WITH THE UPMOST REGARD TO QUALITY AND CLASS! LET'S START WITH FULL HURRICANE IMPACT WINDOWS AND DOORS THRU THE ENTIRE UNIT, GEORGEOUS WOOD LOOK CERAMIC TILE THROUGHOUT. ULTRA MODERN LOOK KITCHEN WITH BLACK GRANITE, STAINLESS STEEL APPLIANCES,LOTS OF EXTRA STORAGE MAKE THIS KITCHEN STAND OUT! THE ENCLOSED FLORIDA ROOM ADDS EXTRA LIVING SPACE TO THE UNIT ALONG WITH A DOOR THAT LEADS OUT TO A SEMI PRIVATE GARDEN AREA. FULL SIZED WASHER/DRYER, YOU ALSO GET AN EXTRA STORAGEE BIN.
PALM SPRINGS 2 IS An ACTIVE HOPA (55+) COMMUNITY THAT BOASTS 2 HEATED POOLS, CLUBHOUSES ,GYM, POOL TABLE, LIBRARY, AUDITORIUM, SHUFFLE BOARD AND SAUNA. MAINT. FEE IS FOR 2025

Last Agent to Sell the Property

Scott Stiepleman

The Keyes Company License #3104257 Listed on: 09/18/2024

The Keyes Company

Last Buyer's Agent

Ashley Gayle

LoKation License #3543969

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,229

Year Built

  • Built in 1979 | Remodeled

HOA Fees

  • $653 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Family or Dining Combination
  • Ceramic Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Courtyard
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 484126CK0060

Community Details

Overview

  • Senior Community
  • Low-Rise Condominium
  • Palm Springs 2 Condos
  • 15 Of Palm Springs 2 Cond Subdivision
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers
  • Car Wash Area

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Center
  • Party Room
  • Community Library
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Heated Community Pool

Pet Policy

  • No Pets Allowed

Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,229

Year Built

Built in 1979 | Remodeled

Lot Details

0

HOA Fees

$653 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Directions: ROCK ISLAND RD SOUTH OF ROYAL PALM BLVD TURN RIGHT ON NW 18TH ST. FOLLOW TO 1ST ENTRANCE TO PALM SPRINGS 2 FOLLOW TO BUILDING 15 ON YOUR LEFT.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 15 OF PALM SPRINGS 2 COND
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1000
  • Possible Use: Primary
  • Stories: 4
  • Window Features: High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Family/Dining Combination

Exterior Features

  • View: Other View
  • Exterior Features: Courtyard
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Palm Springs 2
  • Parking Features: 1 Space, Assigned, Guest, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Other

Condo/Co-op/Association

  • Association Fee: 653
  • Amenities: Billiard Room, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Library, Pool, Sauna, Shuffleboard, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484126CK0060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Dec 17, 2024
Sold by
Adler Jeffrey and Adler Nelva
Bought by
Comrie Leroy
Seller's Agent
Scott Stiepleman
The Keyes Company
Buyer's Agent
Ashley Gayle
LoKation
List Price
$247,777
Sold Price
$177,000
Premium/Discount to List
-$70,777
-28.56%
Views
6
Current Estimated Value
$171,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,884
Avg. Annual Appreciation
-4.59%
Original Mortgage
$141,600
Outstanding Balance
$140,594
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$30,522

Purchase Details

Listed on
Jan 9, 2017
Closed on
Mar 17, 2017
Sold by
Lsg Of Orlando Llc
Bought by
Adler Jeffrey and Adler Nekva
Seller's Agent
Jacob Clark
HOLLOMAN GORDON REALTY, INC.
Buyer's Agent
Jacob Clark
HOLLOMAN GORDON REALTY, INC.
List Price
$72,500
Sold Price
$59,000
Premium/Discount to List
-$13,500
-18.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%

Purchase Details

Closed on
Mar 11, 2014
Sold by
Lemmers Patsy and Lemmers Humphrey
Bought by
Lsg Of Orlando Llc

Purchase Details

Closed on
Sep 21, 2004
Sold by
Borland Susan R
Bought by
Lemmers Patsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2002
Sold by
Borland Susan R
Bought by
Borland Susan R

Purchase Details

Closed on
Sep 24, 2001
Sold by
Borland Susan R and Borland John A
Bought by
Borland Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,436
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1995
Sold by
Blank Oscar and Blank Edith
Bought by
Borland John A and Borland Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,400
Interest Rate
7.76%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $177,000 None Listed On Document
Warranty Deed $59,000 Attorney
Trustee Deed $5,100 None Available
Warranty Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $46,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $141,600 New Conventional
Previous Owner $13,000 New Conventional
Previous Owner $64,500 New Conventional
Previous Owner $64,000 New Conventional
Previous Owner $109,000 Unknown
Previous Owner $10,000 Stand Alone Second
Previous Owner $81,000 Purchase Money Mortgage
Previous Owner $39,436 New Conventional
Previous Owner $41,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $177,000 -1.6% $177 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
11/02/2024 11/02/24 Price Changed $179,900 -16.3% $180 / Sq Ft
10/16/2024 10/16/24 Price Changed $214,900 -13.3% $215 / Sq Ft
09/18/2024 09/18/24 For Sale $247,777 +320.0% $248 / Sq Ft
06/20/2017 06/20/17 Off Market $59,000 -- --
03/20/2017 03/20/17 Sold $59,000 -18.6% $59 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $72,500 0.0% $73 / Sq Ft
08/01/2013 08/01/13 Rented $739 -1.5% --
07/02/2013 07/02/13 Under Contract -- -- --
04/22/2013 04/22/13 For Rent $750 -- --
Source: MIAMI REALTORS® MLS

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 $1,271 $155,380 $15,540 $139,840
2024 $1,229 $87,230 -- --
2023 $1,229 $84,690 $0 $0
2022 $1,155 $82,230 $0 $0
2021 $1,115 $79,840 $0 $0
2020 $1,091 $78,740 $0 $0
2019 $1,062 $76,970 $0 $0
2018 $997 $75,540 $7,550 $67,990
2017 $1,508 $53,770 $0 $0
2016 $1,292 $48,890 $0 $0
2015 $1,290 $47,070 $0 $0
2014 $1,041 $32,360 $0 $0
2013 -- $29,420 $2,940 $26,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11662138

MIAMI REALTORS® MLS

APN: 48-41-26-CK-0060