Sold for $160,000

$160,000

7220 Lake Circle #403, Margate, FL 33063

2beds

1,100sqft

Condominium

Built in 1980

-- sqft lot

$142,100 Zestimate^®

$145/sqft

$1,851 Estimated rent

Home value

$142,100

$125,000 - $161,000

$1,851/mo

Zestimate^® history

Owner options

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$1,851/mo

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$1,851/mo

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$1,715/mo

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$1,715/mo

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What's special

A spacious, beautifully well maintained 2-Bedroom 2-Bath, 4rth floor unit with panoramic view, unique large, screened balcony overlooking the lake while the shrubbery allows privacy. Features a Large walk-in closet in Master Bedroom. Washer and Dryer in the Unit. Over 1100 Square Feet. Freshly painted, Large Bedrooms with Plenty of Closet Space. Community Allows up to 2 Pets Under 20 lbs. Extra Storage Space. Assigned Parking with plenty of guest parking. Active 55+ Community heated Pools, management Office, Gym, Tennis Courts, Near Publix, Walgreens, Restaurants, Shopping, Public Transportation, Sawgrass Expwy and FL Turnpike. Can be leased after 1st Year of ownership. 650+ Credit Required.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s), Electric

Appliances

Included: Dishwasher, Electric Range, Electric Water Heater, Gas Range, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier

Features

Bedroom on Main Level, Bathtub, Custom Mirrors, Main Level Primary, Pantry, Soaking Tub, Separate Shower, Stacked Bedrooms, Walk-In Closet(s)
Flooring: Carpet, Tile
Windows: Blinds
Has fireplace: Yes

Interior area

Total interior livable area: 1,100 sqft

Property

Parking

Parking features: Guest
Details: CarportSpaces:0.00

Features

Entry location: First Floor Entry,Custom Mirrors,Pantry,Stacked Be
Patio & porch: Porch, Screened, Balcony
Exterior features: Balcony, Outdoor Living Area, Porch
Pool features: Association
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake

Details

Parcel number: 484135G30270
Lease amount: $0

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block

Condition

Resale
New construction: No
Year built: 1980

Utilities & green energy

Utilities for property: Cable Available

Community & HOA

Community

Features: Home Owners Association
Security: None, Smoke Detector(s)
Pet deposit fee: $0
Senior community: Yes
Subdivision: Palm Lakes Condo

HOA

Has HOA: Yes
Amenities included: Clubhouse, Fitness Center, Maintenance Grounds, Pool, Sauna, Storage, Trash, Elevator(s)
Services included: Common Areas, Maintenance Structure
HOA fee: $508 monthly

Location

Region: Pompano Beach

Financial & listing details

Price per square foot: $145/sqft
Tax assessed value: $150,400
Annual tax amount: $2,908
Date on market: 1/19/2024
Cumulative days on market: 21 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
4/2/2024	Listing removed	--
Source: BeachesMLS #F10415686 Report a problem
3/8/2024	Sold	$160,000-10.6%$145/sqft
Source: BeachesMLS #F10419592 Report a problem
1/24/2024	Listed for sale	$179,000-5.8%$163/sqft
Source: BeachesMLS #F10419592 Report a problem
1/21/2024	Listing removed	--
Source: BeachesMLS #F10415679 Report a problem
1/2/2024	Listed for rent	$2,200$2/sqft
Source: BeachesMLS #F10415686 Report a problem
12/31/2023	Listed for sale	$190,000-5%$173/sqft
Source: BeachesMLS #F10415679 Report a problem
12/28/2023	Listing removed	--
Source: BeachesMLS #F10396906 Report a problem
9/11/2023	Price change	$200,000-0.5%$182/sqft
Source: BeachesMLS #F10396906 Report a problem
9/7/2023	Price change	$201,000-4.3%$183/sqft
Source: BeachesMLS #F10396906 Report a problem
8/25/2023	Listed for sale	$210,000+87%$191/sqft
Source: BeachesMLS #F10396906 Report a problem
1/7/2020	Sold	$112,300-3.6%$102/sqft
Source: Public Record Report a problem
11/6/2019	Pending sale	$116,500$106/sqft
Source: Keller Williams Realty CS #A10728280 Report a problem
10/10/2019	Price change	$116,500+2.2%$106/sqft
Source: Keller Williams Realty CS #A10728280 Report a problem
9/14/2019	Price change	$114,000-3.4%$104/sqft
Source: Keller Williams Realty CS #A10728280 Report a problem
8/23/2019	Price change	$118,000-0.8%$107/sqft
Source: Keller Williams Realty CS #A10728280 Report a problem
8/22/2019	Listed for sale	$119,000+65.3%$108/sqft
Source: Keller Williams Realty CS #A10728280 Report a problem
5/30/2003	Sold	$72,000+816.4%$65/sqft
Source: Public Record Report a problem
8/1/1988	Sold	$7,857$7/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,554 +1.1%	$150,400 +9%
2024	$3,515 +9.5%	$137,980 +10%
2023	$3,209 +14.2%	$125,440 +10%
2022	$2,810 +9.4%	$114,040 +10%
2021	$2,569 +1.6%	$103,680 +1.7%
2020	$2,528 +273.7%	$101,980 +139.3%
2019	$677	$42,610 +1.9%
2018	$677 +5.2%	$41,820 +2.1%
2017	$643 +2.1%	$40,960 +2.1%
2016	$630 +15.8%	$40,120 +0.7%
2015	$544 -0.6%	$39,850 +0.8%
2014	$548	$39,540 -14%
2013	$548 +74.6%	$45,990 +13.6%
2012	$314 +8%	$40,490 +8.8%
2011	$290 -48.3%	$37,200 -8.3%
2010	$562 -30.4%	$40,580 -25.6%
2009	$807 -12.3%	$54,520 -26%
2008	$920	$73,650