NOT LISTED FOR SALE

1231 W River Dr Unit 4 Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $729,000 - $767,000

2 Beds
1 Bath
2,300 Sq Ft
$326/Sq Ft Est. Value

Highlights

  • 100 Feet of Waterfront
  • Southeast Facing Home
  • 4-minute walk to Legacy Park
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2023

*** Nicely remodeled condo all new inside on quiet street in Margate. Large living room with beautiful lake view. Located off Margate Blvd, close to schools and shopping.***

Last Agent to Rent the Property

Fabian Munoz

United Realty Group, Inc License #0693389 Listed on: 07/11/2023

United Realty Group, Inc

Last Renter's Agent

Luis Santiago

Deluxe Service, LLC. License #3247386

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,390

Year Built

  • 1959

Lot Details

  • 100 Feet of Waterfront
  • Lake Front
  • Southeast Facing Home

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Electric Water Heater

Community Details

  • Margate 3Rd Add Re Subdivision

Listing and Financial Details

  • Property Available on 1/10/20
  • Renewal Option

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,390

Year Built

1959

Lot Details

0

Rental Info

  • Available Date: 2020-01-10

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Apartment
  • Property Sub Type Additional: Apartment
  • Directions: *** EAST ON MARGATE BLVD FROM ROCK ISLAND RD. TO WEST RIVER DRIVE. THEN SOUTH TO PROPERTY ON THE RIGHT SIDE .
  • Lease Renewal Option: Yes
  • Carport Y N: No
  • Entry Level: 1
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built (Public Record): 1959

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Range, Electric Water Heater, Other, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 2300.0

Exterior Features

  • Road Frontage Type: Waterfront
  • Pool Features: None
  • Waterfront Features: Lake Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southeast

Garage/Parking

  • Parking Features: Two Spaces

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: No

Lot Info

  • Land Lease Amount Frequency: Annually
  • Zoning Description: RE2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2018
Sold by
John Held Llc
Bought by
Vasquez Louis
Current Estimated Value
$748,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,750
Outstanding Balance
$300,925
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$448,064

Purchase Details

Closed on
Feb 28, 2017
Sold by
Wsc Rentals Llc
Bought by
John Held Llc

Purchase Details

Closed on
Jul 19, 2012
Sold by
Laurin Noelsaint and Pierre Roselene
Bought by
Wsc Trust Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2004
Sold by
Eugene Arnold
Bought by
Laurin Noelsaint and Pierre Roselene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
9.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 1999
Sold by
Gaudette Lionel H and Gaudette Edith M
Bought by
Eugene Arnold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,446
Interest Rate
7.13%
Mortgage Type
FHA
Source: Public Records

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
Vasquez Louis $461,000 Cay Title
John Held Llc $399,000 Sun National Title And Escro
Wsc Trust Llc $160,000 Preferred Title & Escrow Inc
Laurin Noelsaint $375,000 Consolidated Title Company
Eugene Arnold $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Louis $345,750
Previous Owner Wsc Trust Llc $130,000
Previous Owner Laurin Noelsaint $356,250
Previous Owner Eugene Arnold $188,446
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2023 09/02/23 Rented $1,900 0.0% --
07/20/2023 07/20/23 Under Contract -- -- --
07/11/2023 07/11/23 For Rent $1,900 +100.0% --
02/22/2013 02/22/13 Rented $950 -20.8% --
01/23/2013 01/23/13 Under Contract -- -- --
10/29/2012 10/29/12 For Rent $1,200 -- --
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 $12,390 $514,810 $54,720 $460,090
2024 $12,051 $514,810 $54,720 $460,090
2023 $12,051 $491,750 $0 $0
2022 $10,997 $447,050 $0 $0
2021 $10,276 $406,410 $0 $0
2020 $9,272 $369,470 $69,640 $299,830
2019 $10,448 $420,220 $69,640 $350,580
2018 $8,774 $360,120 $69,640 $290,480
2017 $7,639 $294,370 $0 $0
2016 $6,894 $267,610 $0 $0
2015 $6,404 $243,290 $0 $0
2014 $5,937 $219,280 $0 $0
2013 -- $205,340 $69,640 $135,700
Source: Public Records

Agents Affiliated with this Home

  • F

    Landlord's Agent in 2023

    Fabian Munoz

    United Realty Group, Inc

    (754) 234-2549

    51 Total Sales

    Fabian Munoz
    Section Image

  • L

    Tenant's Agent in 2023

    Luis Santiago

    Deluxe Service, LLC.

    (954) 450-2000

    17 Total Sales

    Luis Santiago
    Section Image

  • D

    Seller's Agent in 2013

    David Bartholomew

    Walnut Street Realty Co

    (954) 828-0100

    1 Total Sale

    David Bartholomew
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10389109

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-25-04-0170

Florida Broward County Margate 33063 Margate Gardens

1231 W River Dr Unit 4, Margate, FL

This home is located at 1231 W River Dr Unit 4, Margate, FL 33063 since 11 July 2023 and is currently priced at $748,989. This property was built in 1959. 1231 W River Dr Unit 4 is a home located in Broward County with nearby schools including Margate Elementary School, Margate Middle School, and Coconut Creek High School.

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