NOT LISTED FOR SALE

1425 E River Dr Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $421,666 - $480,000

2 Beds
2 Baths
1,312 Sq Ft
$342/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $410,000 $312 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,106/month

8 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Canal View
  • Screened Porch
  • Canal Access
  • Fruit Trees
  • 4-minute walk to Legacy Park

About This Home

As of June 2023

This well maintained home showcases relaxing water views and features an open kitchen with granite countertops, stainless steel appliances, a breakfast nook, and an extensive walk-in pantry. The living room is invitingly bright and spacious, leading to a covered and screened patio that provides a serene spot to enjoy the water view. The fenced-in backyard is ideal for children and pets, complete with a separate BBQ area. The home also boasts two generously sized bedrooms and updated bathrooms, with plenty of closet space for storage. It has a two-car garage with a washer and dryer and is located in a peaceful and welcoming neighborhood, ideal for leisurely afternoon strolls. Sqft from BCPA.

Last Agent to Sell the Property

Peter Barkin

Compass Florida, LLC License #651849 Listed on: 04/26/2023

Compass Florida, LLC

Co-Listed By

Alexander Bordes

Compass Florida, LLC License #3291662

Last Buyer's Agent

Jason & Randi Fox

Compass Florida, LLC License #3384309

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,571

Year Built

  • Built in 1957

Lot Details

  • 7,500 Sq Ft Lot
  • 75 Feet of Waterfront
  • Home fronts a canal
  • East Facing Home
  • Fenced
  • Fruit Trees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Fixed Bridges
  • Canal Access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Margate 3Rd Add 44 48 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484125031460

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,571

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1957
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, First Floor Entry
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Terrazzo
  • Living Area: 1312.0

Exterior Features

  • Exterior Features: Barbecue, Enclosed Porch, Fence, Fruit Trees
  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access, Canal Front, Dock Access, Fixed Bridge, Other
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No

Lot Info

  • Parcel #: 484125031460
  • Lot Size Sq Ft: 7500.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4571.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 5, 2023
Sold by
Lawson Holly
Bought by
Varela Alexandra and Varela Mery G
Seller's Agent
Peter Barkin
Compass Florida, LLC
Buyer's Agent
Jason & Randi Fox
Compass Florida, LLC
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%
Views
19
Current Estimated Value
$448,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,667
Avg. Annual Appreciation
3.58%
Original Mortgage
$19,983
Outstanding Balance
$19,571
Interest Rate
6.35%
Estimated Equity
$424,631

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jun 14, 2017
Sold by
Bowers Bruce G and Bowers Dorothy A
Bought by
Lawson Holly
Seller's Agent
Lisa Polera
Polera Realty LLC
Buyer's Agent
Alexander Bordes
Compass Florida, LLC
List Price
$258,000
Sold Price
$250,000
Premium/Discount to List
-$8,000
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$241,356
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 1995
Sold by
Ross Leonard and Ross Mollie
Bought by
Jackson Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,954
Interest Rate
7.82%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Varela Alexandra $410,000 None Listed On Document
Lawson Holly $250,000 Aces Title Agency Llc
Jackson Joanne $89,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varela Alexandra $19,983
Open Varela Alexandra $399,658
Previous Owner Lawson Holly $230,000
Previous Owner Lawson Holly $241,356
Previous Owner Jackson Joanne $35,822
Previous Owner Jackson Joanne $25,000
Previous Owner Jackson Joanne $88,500
Previous Owner Jackson Joanne $89,954
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $410,000 -2.4% $313 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $420,000 +68.0% $320 / Sq Ft
06/16/2017 06/16/17 Sold $250,000 -3.1% $191 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $258,000 -- $197 / 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 $8,595 $381,630 $41,250 $340,380
2024 $4,788 $381,630 $41,250 $340,380
2023 $4,788 $246,270 $0 $0
2022 $4,571 $239,100 $0 $0
2021 $4,447 $232,140 $0 $0
2020 $4,372 $228,940 $0 $0
2019 $4,293 $223,800 $0 $0
2018 $4,027 $219,630 $41,250 $178,380
2017 $1,337 $90,920 $0 $0
2016 $1,250 $89,050 $0 $0
2015 $1,277 $88,440 $0 $0
2014 $1,278 $87,740 $0 $0
2013 -- $92,510 $39,380 $53,130
Source: Public Records

Agents Affiliated with this Home

  • Peter Barkin

    Seller's Agent in 2023

    Peter Barkin

    Compass Florida, LLC

    (954) 675-6656

    1 in this area

    259 Total Sales

    Peter Barkin
    Section Image
  • Alexander Bordes

    Seller Co-Listing Agent in 2023

    Alexander Bordes

    Compass Florida, LLC

    (954) 798-7778

    1 in this area

    3 Total Sales

    Alexander Bordes
    Section Image
  • Jason & Randi Fox

    Buyer's Agent in 2023

    Jason & Randi Fox

    Compass Florida, LLC

    (954) 253-2752

    1 in this area

    133 Total Sales

    Jason & Randi Fox
    Section Image

  • L

    Seller's Agent in 2017

    Lisa Polera

    Polera Realty LLC

    (888) 354-8695

    37 Total Sales

    Lisa Polera
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10377988

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-25-03-1460

Florida Broward County Margate 33063 Margate Gardens

1425 E River Dr, Margate, FL

This home is located at 1425 E River Dr, Margate, FL 33063 since 26 April 2023 and is currently estimated at $448,667, approximately $341 per square foot. This property was built in 1957. 1425 E River Dr is a home located in Broward County with nearby schools including Margate Elementary School, Margate Middle School, and Coconut Creek High School.

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 2025 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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