NOT LISTED FOR SALE

1409 E River Dr Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $375,000 - $393,000

2 Beds
2 Baths
1,073 Sq Ft
$358/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $310,000 $289 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,701/month

17 Days on Market

Highlights

  • Newly Remodeled
  • Deck
  • No HOA
  • Home fronts a canal
  • Wood Flooring
  • 3-minute walk to Legacy Park

About This Home

As of July 2021

Beautiful, cute and cozy 2BR home on the water. Upgraded kitchen, screened in back porch and nice deck to enjoy your morning or use the large backyard to entertain family and friends. No HOA!

Last Agent to Sell the Property

Shaula Wongsam

LPT Realty, LLC License #3408839 Listed on: 05/26/2021

LPT Realty, LLC

Last Buyer's Agent

Angela Passmore

Passmore Homes Realty Group LLC License #3347774

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,892

Year Built

  • Built in 1963 | Newly Remodeled

Lot Details

  • 7,500 Sq Ft Lot
  • 5 Ft Wide Lot
  • Home fronts a canal
  • East Facing Home

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,073 Sq Ft Home
  • 1-Story Property
  • Canal Views

Kitchen

  • Self-Cleaning Oven
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Margate 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484125031420

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,892

Year Built

Built in 1963 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: MARGATE 3RD ADD
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, No Additional Rooms
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1073
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Shingle
  • View: Canal
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Deck, Screened Porch
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MARGATE 3RD ADD
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484125031420
  • Lot Size Sq Ft: 7500
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4892

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 27, 2021
Sold by
Johnson Karl
Bought by
Juarez Deysj and Torres Jose
Seller's Agent
Shaula Wongsam
LPT Realty, LLC
Buyer's Agent
Angela Passmore
Passmore Homes Realty Group LLC
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$384,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,526
Avg. Annual Appreciation
5.20%
Original Mortgage
$297,262
Outstanding Balance
$270,303
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$114,223

Purchase Details

Closed on
Aug 31, 2007
Sold by
Garcia Ivonne
Bought by
Johnson Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2003
Sold by
Hofher Michael and Hofher Amy C
Bought by
Garcia Ivonne

Purchase Details

Closed on
Nov 15, 1993
Sold by
Walega Diana M and Taylor Eunice M
Bought by
Hofher Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,742
Interest Rate
7.14%
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
Juarez Deysj $310,000 Title Experts Of South Fl In
Johnson Karl $235,000 Hillsboro Beach Title & Escr
Garcia Ivonne $165,000 All American Title & Abstrac
Hofher Michael J $67,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juarez Deysj $297,262
Previous Owner Johnson Karl $235,000
Previous Owner Hofher Michael J $68,742
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $310,000 0.0% $289 / Sq Ft
05/24/2021 05/24/21 For Sale $310,000 -- $289 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $8,259 $305,170 -- --
2024 $8,059 $301,100 -- --
2023 $8,059 $282,450 $0 $0
2022 $5,139 $265,220 $41,250 $223,970
2021 $5,342 $230,400 $41,250 $189,150
2020 $4,892 $210,190 $41,250 $168,940
2019 $1,279 $86,840 $0 $0
2018 $1,201 $85,230 $0 $0
2017 $1,178 $83,480 $0 $0
2016 $1,091 $81,770 $0 $0
2015 $1,113 $81,210 $0 $0
2014 $1,113 $80,570 $0 $0
2013 -- $85,200 $39,380 $45,820
Source: Public Records

Agents Affiliated with this Home

  • Shaula Wongsam

    Seller's Agent in 2021

    Shaula Wongsam

    LPT Realty, LLC

    (754) 366-1887

    1 in this area

    22 Total Sales

    Shaula Wongsam
    Section Image
  • Angela Passmore

    Buyer's Agent in 2021

    Angela Passmore

    Passmore Homes Realty Group LLC

    (305) 746-6466

    1 in this area

    41 Total Sales

    Angela Passmore
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11046930

MIAMI REALTORS® MLS

APN: 48-41-25-03-1420

Florida Broward County Margate 33063 Margate Gardens

1409 E River Dr, Margate, FL

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