NOT LISTED FOR SALE

1401 NW 58th Terrace Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $289,000 - $383,000

3 Beds
2 Baths
1,036 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $380,000 $367 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,262/month

31 Days on Market

Highlights

  • Attic
  • Cooling System Mounted To A Wall/Window
  • French Doors
  • Impact Glass
  • Laundry Room
  • Tile Flooring

About This Home

As of April 2024

Rare opportunity in Margate. Single 3/2 family home in a desired location. Stainless steel appliances, granite counter top, central AC, big yard. Impact windows, all tiled floors, gas water heater, washer and dryer. Master bedroom has dressing room. Storage shed freshly painted. new metal roof to be completed on or before 02/29/2024.

Last Agent to Sell the Property

Gloria Freyre

GT Realty Services License #3114984 Listed on: 01/20/2024

Last Buyer's Agent

Sharon Plummer

Elevate Real Estate Brokers of License #3030825

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,894

Year Built

  • Built in 1962

Lot Details

  • 7,982 Sq Ft Lot

Home Design

  • Frame Construction
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 1,036 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • French Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Attic

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Over 1 Space Per Unit
  • Driveway
  • Open Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Margate 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4841 25 02 0270

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,894

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 441 North left on (West) on Margate Blvd at Roundabout. First right on 58th Ave, left on12th St, right on 58th Ter. Second house from end of street on the West side.
  • Year Built: 1962
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), Living/Dining Room, Attic
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile
  • Living Area: 1036.0
  • Dining Room Type: Attic, Laundry, Storage Room
  • Stories: 1
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Frame
  • Property Condition: Resale
  • Roof: Composition, Metal

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Driveway, Open, Two or More Spaces

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 4841 25 02 0270
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 7982.0
  • Zoning Description: R-1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4894.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Mar 29, 2024
Sold by
Freyre Carlos A and Freyre Gloria T
Bought by
Rosas Pete Anthony and Chin Alexis Judith
Seller's Agent
Gloria Freyre
GT Realty Services
Buyer's Agent
Sharon Plummer
Elevate Real Estate Brokers of
List Price
$399,500
Sold Price
$380,000
Premium/Discount to List
-$19,500
-4.88%
Views
66
Current Estimated Value
$345,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,468
Avg. Annual Appreciation
-5.12%
Original Mortgage
$373,117
Outstanding Balance
$366,176
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
-$20,644

Purchase Details

Closed on
Aug 29, 2008
Sold by
Freyre Dolores J
Bought by
Freyre Carlos A and Freyre Gloria T

Purchase Details

Closed on
Jan 21, 2000
Sold by
Haynes Donna H
Bought by
Freyre Carlos A and Agullera Gloria T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rosas Pete Anthony $380,000 South Florida Title
Freyre Carlos A -- None Available
Freyre Carlos A $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosas Pete Anthony $373,117
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2024 04/02/24 Sold $380,000 -3.8% $367 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $395,000 -1.1% $381 / Sq Ft
01/20/2024 01/20/24 For Sale $399,500 0.0% $386 / Sq Ft
05/10/2018 05/10/18 For Rent $1,795 0.0% --
05/10/2018 05/10/18 Rented $1,795 -- --
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
2026 $5,621 $288,950 $35,920 $253,030
2025 $5,170 $243,390 $35,920 $207,470
2024 $4,894 $243,390 $35,920 $207,470
2023 $4,894 $196,240 $0 $0
2022 $4,299 $178,400 $0 $0
2021 $3,861 $162,190 $0 $0
2020 $3,521 $147,450 $35,920 $111,530
2019 $3,545 $147,450 $35,920 $111,530
2018 $3,168 $136,360 $35,920 $100,440
2017 $2,996 $123,990 $0 $0
2016 $2,757 $112,720 $0 $0
2015 $2,544 $102,480 $0 $0
2014 $2,480 $96,730 $0 $0
2013 -- $87,940 $31,930 $56,010
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gloria Freyre

    GT Realty Services

    (305) 803-6126

    1 in this area

    2 Total Sales

    Gloria Freyre
    Section Image
  • Sharon Plummer

    Buyer's Agent in 2024

    Sharon Plummer

    Elevate Real Estate Brokers of

    (954) 604-4421

    1 in this area

    42 Total Sales

    Sharon Plummer
    Section Image

  • D

    Seller's Agent in 2018

    David Macri

    Real Estate USA of South Florida Inc

    (954) 295-5248

    2 Total Sales

    David Macri
    Section Image

  • J

    Buyer's Agent in 2018

    Jenny Cabreja

    Regency Realty Services

    (561) 237-2893

    11 Total Sales

    Jenny Cabreja
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10952103

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-25-02-0270

Florida Broward County Margate 33063 Margate Gardens

1401 NW 58th Terrace, Margate, FL

Not Listed for Sale

Detached

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