NOT LISTED FOR SALE

1523 W River Dr Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $385,464 - $441,000

3 Beds
2 Baths
1,260 Sq Ft
$322/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $360,000 $286 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,776/month

20 Days on Market

Highlights

  • Room in yard for a pool
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Porch
  • Garden View
  • No HOA
  • 2-minute walk to Legacy Park

About This Home

As of March 2023

Cash Only Listing. Charming 3 bedroom 2 bathroom with loads of potential. The property features tiles floors throughout, living, dining and eat in kitchen, updated kitchen with granite counter tops, master bedroom ensuite with dual sinks and soaking tub plus spacious guest bedrooms with ample closet space. The property includes a screened in patio and fenced in backyard large enough for a pool. Priced to sell and easy to show.

Last Agent to Sell the Property

Shane Frankovic

One Sotheby's International Realty License #3276034 Listed on: 02/10/2023

One Sotheby's International Realty

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,437

Year Built

  • Built in 1958

Lot Details

  • 7,519 Sq Ft Lot
  • Southeast Facing Home
  • Fenced

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Margate 4Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484125050770

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,437

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Please use google maps
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: MARGATE 4TH ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1260
  • Possible Use: Investment
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Other
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MARGATE 4TH 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: 484125050770
  • Lot Size Sq Ft: 7519
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6437

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 3, 2023
Sold by
Srp Sub Llc
Bought by
Le Steven and Nguyen Jessica
Seller's Agent
Shane Frankovic
One Sotheby's International Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$324,900
Sold Price
$360,000
Premium/Discount to List
$35,100
10.8%
Views
246
Current Estimated Value
$405,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,116
Avg. Annual Appreciation
4.17%

Purchase Details

Closed on
May 1, 2017
Bought by
Srp Sub Llc

Purchase Details

Closed on
Mar 6, 2015
Sold by
Jazbrowhomes Llc
Bought by
Fetlar Llc

Purchase Details

Closed on
Nov 4, 2014
Sold by
Scibana Vincent
Bought by
Jazbrowhomes Llc

Purchase Details

Closed on
Mar 23, 2011
Sold by
Scibana Vincent A and Scibana Monica Pinna
Bought by
Scibana Vincent A

Purchase Details

Closed on
Feb 20, 2002
Sold by
Morales Rosario and Morales Lori B
Bought by
Scibana Vincent and Scibana Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,050
Interest Rate
8.6%

Purchase Details

Closed on
Nov 29, 1993
Sold by
Lamie Geraldine
Bought by
Morales Rosario and Morales Lori B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,443
Interest Rate
6.75%
Mortgage Type
FHA
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
Le Steven $360,000 Title & Abstract Agency Of Ame
Srp Sub Llc $100 --
Fetlar Llc $155,000 Consumers First Title Compan
Jazbrowhomes Llc $103,600 None Available
Scibana Vincent A -- Attorney
Scibana Vincent $139,000 Hillsboro Beach Title & Escr
Morales Rosario $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scibana Vincent $132,050
Previous Owner Morales Rosario $80,443
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $360,000 +10.8% $286 / Sq Ft
02/10/2023 02/10/23 For Sale $324,900 0.0% $258 / Sq Ft
11/27/2018 11/27/18 For Rent $1,845 0.0% --
11/27/2018 11/27/18 Rented $1,845 -- --
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 $8,136 $360,510 $33,840 $326,670
2024 $7,361 $360,510 $33,840 $326,670
2023 $7,361 $307,600 $0 $0
2022 $6,437 $279,640 $0 $0
2021 $5,917 $254,220 $0 $0
2020 $5,349 $231,110 $33,840 $197,270
2019 $5,523 $237,330 $33,840 $203,490
2018 $4,869 $217,270 $33,840 $183,430
2017 $3,791 $156,450 $0 $0
2016 $3,330 $142,230 $0 $0
2015 $3,177 $130,470 $0 $0
2014 $1,194 $84,090 $0 $0
2013 -- $87,510 $30,080 $57,430
Source: Public Records

Agents Affiliated with this Home

  • Shane Frankovic

    Seller's Agent in 2023

    Shane Frankovic

    One Sotheby's International Realty

    (954) 780-8225

    5 in this area

    236 Total Sales

    Shane Frankovic
    Section Image

  • N

    Buyer's Agent in 2023

    NON-MLS MEMBER

    MAR NON MLS MEMBER

  • G

    Seller's Agent in 2018

    German Panzica

    United Realty Group, Inc

    (954) 873-7873

    29 Total Sales

    German Panzica
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11340765

MIAMI REALTORS® MLS

APN: 48-41-25-05-0770

Florida Broward County Margate 33063 Margate Gardens

1523 W River Dr, Margate, FL

Not Listed for Sale

Detached

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