NOT LISTED FOR SALE

874 Banks Rd Coconut Creek, FL 33063

Estimated Value: $305,000 - $322,205

2 Beds
2 Baths
987 Sq Ft
$319/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $326,000 $330 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,490/month

32 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • Cooling Available
  • Wood Flooring
  • Partial Accordion Shutters
  • 4-minute walk to Lakewood Park

About This Home

As of May 2023

Come home to this immaculately maintained two-bed, two-bath villa, with a peaceful lake view. You'll feel right at home upon entrance, greeted by brand new wood laminate floors and fresh, neutral paint colors throughout. The kitchen is located adjacent to the dining and living area, with a screened patio for added relaxation. Additionally, you'll find a patio perfect for outdoor grilling right off the kitchen. Both bedrooms are equipped with impact windows and accordion shutters protect the back patio and front sliders. Newer AC (2020) with a humidistat to keep you cool & water heater (2018). The community has a heated pool and sitting areas. Association fee covers the exterior maintenance and roof repairs. FHA/VA Friendly ~ Two assigned parking spots ~ Schedule your showing today!

Last Agent to Sell the Property

Laurie Reader

Keller Williams Dedicated Professionals License #0652792 Listed on: 04/13/2023

Keller Williams Dedicated Professionals

Co-Listed By

Niria Tormey

United Realty Group Inc. License #3245445

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,950

Year Built

  • Built in 1979

Lot Details

  • Lake Front
  • West Facing Home
  • Fenced

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

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

Interior Spaces

  • 987 Sq Ft Home
  • 1-Story Property
  • Lake Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Partial Accordion Shutters
  • Partial Impact Glass
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 484231130500

Community Details

Overview

  • Woodlake Villas Condos
  • Lakewood East Sec 1 Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,950

Year Built

Built in 1979

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Villa
  • Co List Office Mls Id: LFKR01
  • Co List Office Phone: 954-533-7443
  • Directions: Kindly use GPS
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Villa Fee Simple, Villa
  • Subdivision Name: LAKEWOOD EAST SEC 1
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Wood
  • Furnished: Unfurnished
  • Living Area: 987
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Partial Accordian Shutters, Partial Impact Glass, Hurricane Shutters
  • Bedroom Features: Entry Level

Exterior Features

  • View: Lake
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Patio And Porch Features: Screened Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Woodlake Villas
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, No Security

Condo/Co-op/Association

  • Association Fee: 285
  • Amenities: Barbecue, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 484231130500
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 10, 2023
Sold by
Ciasullo Ronald and Ciasullo Joan
Bought by
Dorvil Verlanda
Seller's Agent
Laurie Reader
Keller Williams Dedicated Professionals
List Price
$335,000
Sold Price
$326,000
Premium/Discount to List
-$9,000
-2.69%
Views
21
Current Estimated Value
$315,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,949
Avg. Annual Appreciation
-1.40%
Original Mortgage
$10,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1987
Sold by
Available Not
Bought by
Available Not
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
Dorvil Verlanda $326,000 Home Partners Title Services
Available Not $41,879 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dorvil Verlanda $10,000
Previous Owner Dorvil Verlanda $316,778
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $326,000 -2.7% $330 / Sq Ft
04/13/2023 04/13/23 For Sale $335,000 -- $339 / Sq Ft
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 $6,421 $293,860 $21,130 $272,730
2024 $3,819 $288,520 $21,130 $267,390
2023 $3,819 $121,730 $0 $0
2022 $2,950 $110,670 $0 $0
2021 $2,753 $100,610 $0 $0
2020 $2,521 $156,470 $21,130 $135,340
2019 $2,355 $146,720 $21,130 $125,590
2018 $2,170 $142,320 $21,130 $121,190
2017 $1,995 $68,730 $0 $0
2016 $1,695 $62,490 $0 $0
2015 $1,521 $56,810 $0 $0
2014 $1,417 $51,650 $0 $0
2013 -- $46,960 $19,140 $27,820
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11370558

MIAMI REALTORS® MLS

APN: 48-42-31-13-0500