NOT LISTED FOR SALE

550 NW 79th Ave Unit 108 Margate, FL 33063

Estimated Value: $122,000 - $157,000

2 Beds
2 Baths
990 Sq Ft
$495/mo HOA Fee

Last Sold November 20, 2024

Last sale price $122,000 $123 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,482/month

72 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Senior Community
  • Garden View
  • Eat-In Kitchen

About This Home

As of November 2024

RARELY AVAILABLE, GROUND-FLOOR CORNER, SECLUDED CONDO ON CUL DE SAC in Oriole II. LIGHT & BRIGHT, update and make it your own! SPLIT FLOOR PLAN gives everyone their PRIVACY. Front master suite door can be closed or open, back master is larger with walk-in closet. Both bathrooms have a walk-in shower. Patio is open to the living area, open the windows in winter to have a fresh breeze throughout your condo! AC replaced in 2019. Large pantry & additional exterior storage. Low COA fee! Community has beautiful, resort-style pool and clubhouse with theater, gym & billiards. Close to shopping, restaurants, 10 miles from Pompano Beach, BUT NOT ON MAIN ROAD, back in the neighborhood. YOU WILL LOVE THE LOCATION WITHIN THE COMMUNITY AND BUILDING!

Last Listed By

Helena Yeaman

RE/MAX Direct License #3301436 Listed on: 08/12/2024

RE/MAX Direct

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $300

Year Built

  • Built in 1974

Lot Details

  • 0.93

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • Guest Parking

Interior Spaces

  • 990 Sq Ft Home
  • 2-Story Property
  • Double Hung Metal Windows
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

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

Home Security

Utilities

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

Listing and Financial Details

  • Security Deposit $2,968
  • Assessor Parcel Number 484135KG0080

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, laundry, ground maintenance, pool(s), recreation facilities, sewer, water
  • Oriole Gardens Ii Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$300

Year Built

Built in 1974

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From Rock Island and Atlantic, head west on Atlantic; turn right onto NW 80th Ave., right onto NW 5th Ct., right onto NW 79th Terrace; Condo will be on your right at the end of the building.
  • Year Built: 1974
  • 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, Eat-in Kitchen, Living/Dining Room, Main Level Primary, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Tile
  • Living Area: 990.0
  • Stories: 2
  • Window Features: Double Hung, Impact Glass, Metal

Exterior Features

  • Exterior Features: None
  • View: Garden
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, One Space

Utilities

  • Laundry Features: Common Area
  • Security: Other
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 495.0
  • Community Features: Non-Gated
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Community Kitchen, Fitness Center, Laundry, Library, Pool, Storage
  • Association #2 Fee: 495.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Laundry, Maintenance Grounds, Pool(s), Recreation Facilities, Sewer, Water

Lot Info

  • Parcel #: 484135KG0080

Rental Info

  • Security Deposit: 2968.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Nov 20, 2024
Sold by
Sharif Medeia
Bought by
Garcia Francisco
Seller's Agent
Helena Yeaman
RE/MAX Direct
Buyer's Agent
Gloria Cardenas
LoKation
List Price
$138,500
Sold Price
$122,000
Premium/Discount to List
-$16,500
-11.91%
Total Days on Market
72
Views
18
Current Estimated Value
$131,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,861
Avg. Annual Appreciation
22.62%
Original Mortgage
$97,600
Outstanding Balance
$97,324
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$35,587

Purchase Details

Closed on
Sep 8, 2023
Sold by
Yousify-Akrawy Nareen
Bought by
Sharif Medeia

Purchase Details

Closed on
Nov 14, 2017
Sold by
Yousify Nareen
Bought by
Yousif Nareen and Akrawy Said Shakeeb

Purchase Details

Closed on
Oct 10, 2008
Sold by
Seminatore Jean
Bought by
Akrawy Shakeeb and Akrawy Nareen Yousify

Purchase Details

Closed on
Mar 26, 2004
Sold by
Demichele Elba H and Demichele Julio Daniel
Bought by
Seminatore Jean

Purchase Details

Closed on
Sep 4, 2002
Sold by
Demichele Elba H
Bought by
Demichele Elba H and Demichele Julio Daniel

Purchase Details

Closed on
Feb 28, 2001
Sold by
Available Not
Bought by
Available Not

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
Garcia Francisco $122,000 Closing Team
Sharif Medeia -- None Listed On Document
Yousif Nareen -- Attorney
Akrawy Shakeeb $50,000 Attorney
Seminatore Jean $58,000 Statewide Title Corp
Demichele Elba H -- --
Available Not $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Francisco $97,600
Previous Owner Seminatore Jean $60,000
Previous Owner Seminatore Jean $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $122,000 -2.4% $123 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
09/27/2024 09/27/24 Price Changed $124,990 -3.8% $126 / Sq Ft
08/28/2024 08/28/24 Price Changed $129,990 -6.1% $131 / Sq Ft
08/12/2024 08/12/24 For Sale $138,500 -- $140 / 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 $3,017 $124,980 $12,500 $112,480
2024 $300 $124,980 $12,500 $112,480
2023 $300 $28,970 $0 $0
2022 $357 $28,130 $0 $0
2021 $340 $27,320 $0 $0
2020 $332 $26,950 $0 $0
2019 $319 $26,350 $0 $0
2018 $308 $25,860 $0 $0
2017 $1,199 $38,680 $0 $0
2016 $1,058 $35,170 $0 $0
2015 $978 $31,980 $0 $0
2014 $908 $29,080 $0 $0
2013 -- $26,440 $2,640 $23,800
Source: Public Records

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10455847

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-35-KG-0080