NOT LISTED FOR SALE

Estimated Value: $397,000 - $631,000

3 Beds
2.5 Baths
2,732 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $575,000 $210 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,207/month

41 Days on Market

Highlights

  • New Construction
  • High Impact Windows
  • Views
  • No HOA
  • Walk-In Closet
  • Laundry in Utility Room

About This Home

As of February 2024

2024 new construction on a great street in Margate. 3 bed 2.5 bath 2 car garage over 2700 sq/ft and a large yard. Modern white kitchen with quartz countertops and all stainless steel appliances included. Washer and dryer included in large laundry room. Porcelain tile flooring throughout. Large master bedroom with walk in closet. Built to current building code, includes features such as hurricane impact glass windows and doors, wall and ceiling insulation and energy efficient water heater and air conditioning unit. Includes 1 year builders warranty. No association, not in a flood zone (X). House complete and ready for move in. Seller will help pay closing costs and rate buy downs.

Last Agent to Sell the Property

Justin Singer

Charles Rutenberg Realty FTL License #3068819 Listed on: 01/05/2024

Charles Rutenberg Realty FTL

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,403

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,498 Sq Ft Lot
  • West Facing Home
  • Fenced

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,732 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Margate 3Rd Add Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 484125032120

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,403

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: Yes
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: MARGATE 3RD ADD
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2732
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Complete Impact Glass, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Built-Up
  • View: Other
  • Exterior Features: Lighting, Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Home Warranty: Yes
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MARGATE 3RD ADD
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • 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
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484125032120
  • Lot Size Sq Ft: 7498
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Construction, HVAC, Insulation, Thermostat, Windows

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 16, 2024
Sold by
Res Elite Development Inc
Bought by
Dubin Gary Roger and Cruz Candelaria Carrillo
Seller's Agent
Justin Singer
Charles Rutenberg Realty FTL
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$649,900
Sold Price
$575,000
Premium/Discount to List
-$74,900
-11.52%
Views
58
Current Estimated Value
$552,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,387
Avg. Annual Appreciation
-2.47%
Original Mortgage
$431,250
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2023
Sold by
Velocity Acquisitions Llc
Bought by
Res Elite Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jun 24, 2021
Sold by
Schuessler Catherine and Schuessler Curtis
Bought by
Velocity Acquisitions Llc
Seller's Agent
Claudia Rubio
LoKation
Buyer's Agent
Jennifer Lopez
Island Living Realty, LLC
List Price
$179,999
Sold Price
$182,500
Premium/Discount to List
$2,501
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.02%
Original Mortgage
$160,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jun 21, 2021
Sold by
Schuessler Catherine and Schuessler Curtis
Bought by
Velocity Acquisitions Llc
Seller's Agent
Claudia Rubio
LoKation
Buyer's Agent
Jennifer Lopez
Island Living Realty, LLC
List Price
$179,999
Sold Price
$182,500
Premium/Discount to List
$2,501
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2019
Sold by
Hahn Lawrence D
Bought by
Schuessler Catherine

Purchase Details

Closed on
Feb 28, 1995
Sold by
Dept Housing & Urban Dev Wa
Bought by
Hahn Lawrence D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,900
Interest Rate
9.05%

Purchase Details

Closed on
May 5, 1994
Sold by
Real Est Financing Inc
Bought by
Housing & Urban Dev
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
Dubin Gary Roger $575,000 Trans State Title
Res Elite Development Inc $147,000 Trans State Title
Velocity Acquisitions Llc $182,500 Title Pro
Velocity Acquisitions Llc $182,500 Title Professionals Group Lt
Schuessler Catherine $120,000 Title Guaranty Of South Fl I
Hahn Lawrence D $58,900 --
Housing & Urban Dev -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrillo-Cruz Candelaria $503,052
Closed Dubin Gary Roger $431,250
Previous Owner Res Elite Development Inc $233,500
Previous Owner Velocity Acquisitions Llc $160,000
Previous Owner Velocity Acquisitions Llc $160,000
Previous Owner Hahn Lawrence D $55,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $575,000 -4.2% $210 / Sq Ft
01/23/2024 01/23/24 Price Changed $599,900 -7.7% $220 / Sq Ft
01/05/2024 01/05/24 For Sale $649,900 +256.1% $238 / Sq Ft
07/02/2021 07/02/21 Sold $182,500 +1.4% $190 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $179,999 -- $188 / 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 $3,152 $516,830 $33,740 $483,090
2024 $1,403 $516,830 $33,740 $483,090
2023 $1,403 $50,830 $0 $0
2022 $4,023 $170,990 $33,740 $137,250
2021 $1,814 $69,170 $33,740 $35,430
2020 $1,811 $69,170 $33,740 $35,430
2019 $979 $69,170 $33,740 $35,430
2018 $949 $69,170 $33,740 $35,430
2017 $1,297 $89,050 $0 $0
2016 $1,210 $87,220 $0 $0
2015 $1,235 $86,620 $0 $0
2014 $1,237 $85,940 $0 $0
2013 -- $94,960 $29,990 $64,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11509491

MIAMI REALTORS® MLS

APN: 48-41-25-03-2120