NOT LISTED FOR SALE

787 Banks Rd Unit 128 Margate, FL 33063

Estimated Value: $279,000 - $357,000

2 Beds
2 Baths
1,064 Sq Ft
$292/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $308,500 $290 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,334/month

67 Days on Market

Highlights

  • Clubhouse
  • Screened Porch
  • Tennis Courts
  • Garden View
  • Community Pool
  • 4-minute walk to Lakewood Park

About This Home

As of July 2023

This amazing 2 bedroom 2 bath villa is located in the desirable Woodlake Isles Community features a large living room, private patio off of the kitchen perfect for morning coffee, a large screened patio out back with no rear neighbors is perfect for relaxing or entertaining friends and family, and an additional storage room. The home has accordion shutters, washer and dryer and comes with 2 assigned parking spaces. Woodlake is a pet friendly community that offers a remodeled club house, boat dock, 2 heated pools, tennis courts, and gazebo with lake view! Close to shopping, Turnpike, I-95 and beaches are only appx 7 miles away! Low HOA that covers insurance, roof, pools, and all amenities. Florida living at it's best! 2 Assigned Parking Spaces!! FHA welcome!!

Last Agent to Sell the Property

Cynthia Heelan

Keller Williams Realty Consultants License #3365882 Listed on: 05/17/2023

Keller Williams Realty Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,187

Year Built

  • Built in 1983

Lot Details

  • Privacy Fence

HOA Fees

  • $186 Monthly HOA Fees

Home Design

  • Villa
  • Property Attached
  • Entry on the 1st floor
  • Wood Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Screened Porch
  • Garden Views
  • Hurricane or Storm Shutters
  • Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 484231140321

Community Details

Overview

  • Association fees include management, amenities, common areas, insurance, ground maintenance, maintenance structure, pool(s), recreation facilities, roof, trash
  • Woodlake Isles Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,187

Year Built

Built in 1983

Lot Details

0

HOA Fees

$186 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Banks Rd to community
  • Year Built: 1983
  • Carport Y N: No
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Entrance Foyer, First Floor Entry, Main Level Master, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1064.0
  • Dining Room Type: Storage Room
  • Stories: 1

Exterior Features

  • Exterior Features: Enclosed Porch, Privacy Wall, Storm/Security Shutters
  • View: Garden
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block, Other, Stucco, Wood Siding
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, Two or More Spaces

Utilities

  • 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: 558.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Boat Dock, Clubhouse, Pool, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: Association Management, Amenities, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Roof, Trash

Lot Info

  • Parcel #: 484231140321

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5187.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jul 26, 2023
Sold by
Agueda Richard and Agueda Kelly
Bought by
Lamey Tahera
Seller's Agent
Cynthia Heelan
Keller Williams Realty Consultants
List Price
$300,000
Sold Price
$308,500
Premium/Discount to List
$8,500
2.83%
Views
65
Current Estimated Value
$311,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,566
Avg. Annual Appreciation
0.86%
Original Mortgage
$246,800
Outstanding Balance
$242,042
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$72,170

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 23, 2021
Sold by
Monahan John and Monahan Geraldine
Bought by
Agueda Richard and Sanchez Kelly
Seller's Agent
Laura Wirth
Sabbia Beach Realty Inc
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.64%
Original Mortgage
$220,924
Interest Rate
2.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2008
Sold by
Lorenzi Gonzales Marguerite and Gonzales Philip C
Bought by
Monahan John and Monahan Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2008
Sold by
Lorenzi Gonzales Marguerite A and Lorenzi Gonzales Marguerite
Bought by
Lorenzi Gonzales Marguerite A and Gonzales Philip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1986
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
Lamey Tahera $308,500 Performance Title
Agueda Richard $225,000 North American Title Company
Monahan John $145,000 Hillsboro Beach Title & Escr
Lorenzi Gonzales Marguerite A -- None Available
Available Not $38,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamey Tahera $246,800
Previous Owner Agueda Richard $220,924
Previous Owner Monahan John $101,500
Previous Owner Lorenzi Gonzales Marguerite A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $308,500 +2.8% $290 / Sq Ft
05/18/2023 05/18/23 For Sale $300,000 +33.3% $282 / Sq Ft
07/06/2021 07/06/21 Sold $225,000 -4.2% $211 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $234,900 -- $221 / 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 -- $282,530 $14,550 $267,980
2024 $5,888 $282,530 $14,550 $267,980
2023 $5,888 $246,870 $0 $0
2022 $5,187 $224,430 $14,550 $209,880
2021 $3,839 $155,410 $0 $0
2020 $3,536 $164,300 $14,550 $149,750
2019 $3,236 $144,710 $14,550 $130,160
2018 $2,859 $132,880 $14,550 $118,330
2017 $2,668 $106,170 $0 $0
2016 $2,483 $96,520 $0 $0
2015 $2,361 $87,750 $0 $0
2014 $2,208 $79,780 $0 $0
2013 -- $79,740 $10,400 $69,340
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cynthia Heelan

    Keller Williams Realty Consultants

    (954) 288-5851

    33 Total Sales

    Cynthia Heelan
    Section Image
  • Laura Wirth

    Seller's Agent in 2021

    Laura Wirth

    Sabbia Beach Realty Inc

    (954) 564-4446

    19 Total Sales

    Laura Wirth
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10381095

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-31-14-0321

Florida Broward County Margate 33063

787 Banks Rd Unit 128, Margate, FL

This home is located at 787 Banks Rd Unit 128, Margate, FL 33063 since 17 May 2023 and is currently estimated at $311,066, approximately $292 per square foot. This property was built in 1983. 787 Banks Rd Unit 128 is a home located in Broward County with nearby schools including Liberty 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.

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