$180,000
PENDING

401 N Laurel Dr Unit 202 Margate, FL 33063

Lakewood Knolls Neighborhood

Estimated payment $1,849/month

Total Views 7,043
2 Beds
2 Baths
1,019 Sq Ft
$177 Price per Sq Ft

Highlights

  • Lake Front
  • Wood Flooring
  • Patio
  • Clubhouse
  • Community Pool
  • 5-minute walk to Lemon Tree Park

About This Home

Corner unit on the first floor with a beautiful lake view. This cozy condo has a a washer and dryer. Upgraded kitchen and updated bathrooms.
The association requires a min 650 credit score, a $35,000 min income, and a 40% debt-to-income ratio. Association has no reserves. HOA holds $10,998 (18 months of fees) in escrow until resale.
Please Text agent to set up showing. NO RENTALS FOR THE FIRST 3 YEARS

Listing Agent

Michael Clemente

United Realty Group Inc License #3332206

United Realty Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,795

Year Built

  • Built in 1980

HOA Fees

  • $611 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,019 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Lake Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Liberty Elementary School
  • Margate Middle School
  • Coconut Crk High School

Additional Features

  • Patio
  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484231AK1060

Community Details

Overview

  • Laurels At Margate Condos
  • Laurels At Margate Condo Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,795

Year Built

Built in 1980

Lot Details

0

HOA Fees

$611 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: LAURELS AT MARGATE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Living Area: 1019
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: Lake
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: LAURELS AT MARGATE
  • Parking Features: Other

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 611
  • Amenities: Clubhouse-Clubroom, Laundry, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Liberty
  • High School: Coconut Crk High
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel Number: 484231AK1060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2795

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,943 $122,050 -- --
2024 $2,795 $122,050 -- --
2023 $2,795 $100,880 $0 $0
2022 $2,418 $91,710 $0 $0
2021 $2,193 $83,380 $0 $0
2020 $2,004 $83,100 $8,310 $74,790
2019 $1,909 $82,630 $8,260 $74,370
2018 $1,714 $77,690 $7,770 $69,920
2017 $1,570 $56,960 $0 $0
2016 $1,413 $51,790 $0 $0
2015 $1,351 $47,090 $0 $0
2014 $1,225 $42,810 $0 $0
2013 -- $38,920 $3,890 $35,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $180,000 -- $177 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $47,500 Attorney
Trustee Deed $15,400 None Available
Warranty Deed $199,000 Supreme Title
Warranty Deed $93,000 --
Quit Claim Deed $10,000 --
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $39,600 Stand Alone Second
Previous Owner $158,400 Purchase Money Mortgage
Previous Owner $147,600 Fannie Mae Freddie Mac
Previous Owner $108,000 Unknown
Previous Owner $93,000 No Value Available
Previous Owner $58,200 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11548896

MIAMI REALTORS® MLS

APN: 48-42-31-AK-1060