NOT LISTED FOR SALE

1070 SW 50th Ave Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $475,318 - $504,000

3 Beds
2 Baths
1,676 Sq Ft
$295/Sq Ft Est. Value

Sale Details

Date Sold: March 27, 2019

Last sale price $287,000 $171 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,033 / mo

188 Days on Market

Highlights

  • Lake View
  • Outdoor Living Area
  • Screened Porch
  • Fruit Trees
  • No HOA
  • Balcony

About This Home

As of March 2019

Imagine sitting on your porch and enjoying the beautiful lake view of this 3/2 single family ranch style home. This property offers a split floor plan, vaulted ceilings, and a fruitful yard. Great for a First Time Home Buyer or investors. A MUST SEE!!!

Last Agent to Sell the Property

Andre Barrett

EXP Realty LLC License #3109578 Listed on: 08/16/2018

EXP Realty LLC

Last Buyer's Agent

Maritza Giron

Aventura Brokers LC License #3152484

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,376

Year Built

  • Built in 1984

Lot Details

  • 7,700 Sq Ft Lot
  • East Facing Home
  • Paved or Partially Paved Lot
  • Fruit Trees
  • Property is zoned R-1C

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,676 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Screened Porch
  • Tile Flooring
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Water Purifier
  • Water Softener

Community Details

  • No Home Owners Association
  • Palm Aire At Coconut Cree Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494206190020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,376

Year Built

Built in 1984

Lot Details

7,700 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1984
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Main Level Primary
  • Appliances: Dryer, Electric Range, Gas Range, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Tile
  • Living Area: 1676.0
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area, Porch
  • View: Lake
  • Lot Features: Fruit Trees, < 1/4 Acre
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Porch, Screened, Balcony
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Covered

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Sidewalks
  • Association: No

Lot Info

  • Parcel #: 494206190020
  • Mobile Dim Units: Feet
  • Zoning: R-1C

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4376.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Mar 13, 2019
Sold by
Luong Linh T and Bui Trung
Bought by
Wetzler John C and Wetzler Lunyse J
Seller's Agent
Andre Barrett
EXP Realty LLC
Buyer's Agent
Maritza Giron
Aventura Brokers LC
List Price
$315,000
Sold Price
$287,000
Premium/Discount to List
-$28,000
-8.89%
Current Estimated Value
$494,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,330
Avg. Annual Appreciation
7.99%
Original Mortgage
$281,801
Outstanding Balance
$244,935
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$249,395

Purchase Details

Closed on
Jul 13, 2011
Sold by
Loung Cuong
Bought by
Luong Linh T and Bui Trung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2004
Sold by
Sinko Aaron C and Sinko Gretchen M
Bought by
Luong Linh T and Luong Cuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
5.97%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 25, 1993
Sold by
Bonelli Lawrence and Bonelli Louise
Bought by
Sinko Aaron C and Sinko Gretchen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,381
Interest Rate
7.48%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Wetzler John C $287,000 Title Company Of South Fl
Luong Linh T $46,200 Universal Land Title Llc
Luong Linh T $223,000 Capital Abstract & Title
Sinko Aaron C $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wetzler John C $281,801
Previous Owner Luong Linh T $110,000
Previous Owner Luong Linh T $178,400
Previous Owner Sinko Aaron C $114,381
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2019 03/27/19 Sold $287,000 -8.9% $171 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
08/16/2018 08/16/18 For Sale $315,000 -- $188 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2026 $5,156 $274,700 -- --
2025 $5,025 $267,480 -- --
2024 $4,923 $259,950 -- --
2023 $4,923 $252,380 $0 $0
2022 $4,700 $245,030 $0 $0
2021 $4,573 $237,900 $0 $0
2020 $4,496 $234,620 $38,500 $196,120
2019 $5,366 $246,220 $38,500 $207,720
2018 $4,792 $238,160 $38,500 $199,660
2017 $4,376 $184,410 $0 $0
2016 $4,148 $167,650 $0 $0
2015 $3,673 $152,410 $0 $0
2014 $1,970 $117,860 $0 $0
2013 -- $126,780 $30,800 $95,980
Source: Public Records

Agents Affiliated with this Home

  • Andre Barrett

    Seller's Agent in 2019

    Andre Barrett

    EXP Realty LLC

    (954) 306-8607

    1 in this area

    149 Total Sales

    Andre Barrett
    Section Image

  • M

    Buyer's Agent in 2019

    Maritza Giron

    Aventura Brokers LC

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10136543

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-06-19-0020

Florida Broward County Margate 33068 Margate Estates

1070 SW 50th Ave, Margate, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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