NOT LISTED FOR SALE

1401 E River Dr Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $561,000 - $638,240

0.17 Acre
$3,479,765 Price per Acre
7,500 Sq Ft Lot

Last Sold October 19, 2018

Last sale price $90,000 $85 Per Sq Ft

Est. 557% increase in value since last sale

Current estimated payment $4,112/month

Highlights

  • River View
  • Paved or Partially Paved Lot
  • 3-minute walk to Legacy Park

About This Lot

As of October 2018

Great Opportunity to Build Your Dream Home on Waterfront Lot!!! Standard 7500 s/f lot backing up to Stranahan River. Lot is cleared. Located in desirable area of Margate. Close to schools, shopping, and major roadways. Property is also being marketed in online auction site. Buyer pays 5 percent premium.

Last Agent to Sell the Property

Patrick Hurley

Inactive Member License #3122668 Listed on: 09/18/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $881

Lot Details

  • 7,500 Sq Ft Lot
  • River Front
  • Southeast Facing Home
  • Paved or Partially Paved Lot

Additional Features

  • River Views
  • City Lot

Community Details

  • Margate 3Rd Add 44 48 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484125031400

Property Details

Property Type

Land

Est. Annual Taxes

$881

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: 441 to Margate Blvd, West to East River Dr, North to lot.
  • Special Features: VirtualTour

Exterior Features

  • View: River
  • Lot Features: City Lot, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront Features: None, River Front
  • Waterfront: No
  • Direction Faces: Southeast

Utilities

  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available

Lot Info

  • Parcel #: 484125031400
  • Development Status: Raw Land
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7500.0
  • Number Of Lots: 1
  • Zoning Description: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 881.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2018
Closed on
Oct 16, 2018
Sold by
Ho Duc C
Bought by
Hernandez Luis and Segovia Celina
Seller's Agent
Patrick Hurley
Inactive Member
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$591,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,560
Avg. Annual Appreciation
30.71%

Purchase Details

Closed on
Jun 2, 2017
Sold by
Ho Nhan V
Bought by
Ho Duc C

Purchase Details

Closed on
Feb 22, 2016
Sold by
Ho Duc and Ho Nhan V
Bought by
Ho Nhan

Purchase Details

Closed on
Feb 1, 2016
Bought by
Ho Duc C

Purchase Details

Closed on
Feb 20, 2015
Sold by
U S Bank National Association
Bought by
Ho Duc and Ho Nhan

Purchase Details

Closed on
Oct 28, 2014
Sold by
Navarro Javier
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 28, 2006
Sold by
Affordable Dream Houses Inc
Bought by
Navarro Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,100
Interest Rate
8.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 30, 2006
Sold by
Finley Jeffrey and Finley Linda
Bought by
Affordable Dream Houses Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,100
Interest Rate
8.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 31, 2003
Sold by
Louramore Victoria
Bought by
Finley Jeffery and Finley Linda Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,260
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2002
Sold by
Louramore Marvin and Louramore Eleanor
Bought by
Louramore Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
9%

Purchase Details

Closed on
Aug 31, 2001
Sold by
Mastrangelo John J and Mastrangelo John J
Bought by
Louramore Marvin and Louramore Eleanore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
6.89%
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
Hernandez Luis $90,000 Entrust Solutions Llc
Ho Duc C -- None Available
Ho Nhan -- None Available
Ho Duc C $100 --
Ho Duc $41,500 None Available
Us Bank National Association $25,300 None Available
Navarro Javier $339,000 Attorney
Affordable Dream Houses Inc $213,000 Clear Title & Abstract
Finley Jeffery $172,300 Liberty Trust Title Llc
Louramore Victoria -- Colonial Guaranty & Title
Louramore Marvin $87,000 Colonial Guaranty & Title In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Navarro Javier $305,100
Previous Owner Affordable Dream Houses Inc $220,000
Previous Owner Finley Jeffery $172,260
Previous Owner Louramore Victoria $98,000
Previous Owner Louramore Marvin $78,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2018 10/19/18 Sold $90,000 0.0% $85 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $90,000 +116.9% $85 / Sq Ft
05/07/2015 05/07/15 Sold $41,500 +28.1% $6 / Sq Ft View Prior Sale
02/13/2015 02/13/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $32,400 -- $4 / 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 $12,188 $590,670 $41,250 $549,420
2024 $11,944 $589,470 $41,250 $529,920
2023 $11,944 $571,170 $41,250 $529,920
2022 $1,796 $82,500 $82,500 $0
2021 $1,805 $82,500 $82,500 $0
2020 $1,802 $82,500 $82,500 $0
2019 $1,783 $81,000 $81,000 $0
2018 $868 $41,250 $41,250 $0
2017 $881 $41,250 $0 $0
2016 $819 $37,500 $0 $0
2015 $891 $39,380 $0 $0
2014 -- $81,810 $0 $0
2013 -- $74,380 $39,380 $35,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Patrick Hurley

    Inactive Member

  • F

    Seller's Agent in 2015

    Fabiola Acevedo

    MMLS Assoc.-Inactive Member

    Section Image

  • F

    Buyer's Agent in 2015

    Fabiola Acevedo

    Prudential Florida Realty

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10141642

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-25-03-1400

Florida Broward County Margate 33063 Margate Gardens

1401 E River Dr, Margate, FL

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