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Sold for $299,500 on 06/23/23
  • $299,500

    557 Banks Road, Margate, FL 33063

    2beds
    1,156sqft
    Villa
    Built in 1981
    3,927 Square Feet Lot
    $363,700 Zestimate®
    $259/sqft
    $2,372 Estimated rent

    Home value

    $363,700

    $342,000 - $386,000

    $2,372/mo

    Zestimate® history
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    $2,273/mo

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    What's special

    LAKE VIEW THRUOUT SPACIOUS VILLA. NEEDS TLC. ADD UPDATES & MAKE IT YOUR OWN. NEWER KITCHEN WITH WALL DOWN, SS APLIANCES & GRANITE COUNTERS. CATHEDRAL CEILING, FANS, PORCELAIN TILE FLOORS. ATTIC STORAGE, COMPLETE HURRICANE SHUTTERS. ENJOY FISHING, CANOEING, AND SCENIC SUNSETS. WELL MAINTAINED COMMUNITY HAS 2 POOLS,TENNIS COURT, CLUBHOUSE, SAUNA, POOLTABLE, DOCKS. LOW HOA INCLUDES BASIC CABLE, TRASH REMOVAL, BUILDING INSURANCE, EXTERIOR PAINT, ROOF REPAIRS & LAWN. GREAT LOCATION. EXCELLENT VALUE.

    Zillow last checked: 8 hours ago

    Listing updated: May 20, 2024 at 07:20am

    Listed by:

    David S Robertson 561-299-6249,

    Real Estate Community Advisor LLC

    Bought with:

    Abdulla Richards

    AR1 State of Art Real Estate

    Source: BeachesMLS,MLS#: RX-10887875MLS LogoOriginating MLS: Beaches MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: M
    • Area: 195
    • Dimensions: 15 x 13
    Kitchen
    • Level: M
    • Area: 150
    • Dimensions: 15 x 10
    Living room
    • Level: M
    • Area: 400
    • Dimensions: 25 x 16
    Heating
    • Heat Strip
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Washer
    • Laundry: Inside
    Features
    • Ctdrl/Vault Ceilings, Walk-In Closet(s)
    • Flooring: Tile
    • Windows: Shutters, Roll Down Shutters (Complete), Electric/Power Shutters (Partial), Storm Shutters, Impact Glass (Partial)
    • Common walls with other units/homes: Corner
    Interior area
    • Total structure area: 1,172
    • Total interior livable area: 1,156 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 2+ Spaces, Assigned, Guest
    • Uncovered spaces: 1
    Accessibility
    • Accessibility features: Level
    Features
    • Levels: < 4 Floors
    • Stories: 1
    • Patio & porch: Open Porch
    • Pool features: Community
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    Lot
    • Size: 3,927 sqft
    • Features: < 1/4 Acre, West of US-1
    Details
    • Parcel number: 484231140040
    • Zoning: R-3

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Villa
    • Property subtype: Villa
    Materials
    • CBS
    • Roof: Comp Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected

    Community & neighborhood

    Security
    • Security features: None
    Community
    • Community features: Billiards, Boating, Clubhouse, Internet Included, Manager on Site, Sidewalks, Tennis Court(s), No Membership Avail
    Location
    • Region: Margate
    • Subdivision: Woodlake Isles

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $228 monthly
    • Services included: Cable TV, Common Areas, Common R.E. Tax, Insurance-Bldg, Maintenance Grounds, Maintenance Structure, Reserve Funds, Trash
    Other fees
    • Application fee: $100

    Other

    Other facts
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    6/23/2023Sold$299,500$259/sqft
    Source: BeachesMLS #RX-10887875 Report a problem
    5/25/2023Contingent$299,500$259/sqft
    Source: BeachesMLS #RX-10887875 Report a problem
    5/11/2023Listed for sale$299,500+172.3%$259/sqft
    Source: BeachesMLS #RX-10887875 Report a problem
    5/28/2002Sold$110,000+62%$95/sqft
    Source: Public Record Report a problem
    7/28/1998Sold$67,900$59/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,843 +2.1%$297,580 +29.7%
    2023$5,720 +13.6%$229,470 +10%
    2022$5,034 +13.1%$208,610 +10%

    Find assessor info on the county website

    Neighborhood: 33063

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Liberty Elementary School
    • Middle: Margate Middle School
    • High: Coconut Creek High School

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $363,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $363,700