NOT LISTED FOR SALE

Estimated Value: $474,000 - $592,000

3 Beds
2 Baths
1,994 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $325,000 $163 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,306/month

17 Days on Market

Highlights

  • Boat Ramp
  • Home fronts a canal
  • No HOA
  • Lake View
  • Sun or Florida Room
  • Circular Driveway

About This Home

As of August 2017

A must see, tastefully remodeled, 3/2 with an open layout. Complete Remodel!!!! This is house features an over-sized lot with over 100 ft of seawall on one the larger areas of the Stranahan River. This property was completely remodeled with a new kitchen with granite counter-tops and stainless steel appliances, new bathrooms, new porcelain tile flooring, new windows, and much more more. Layout provides lots of natural sunlight! There is a community boat ramps for small boats with not ramp fee. This is a property you don't see on the market often! EASY TO SHOW! Bring your offers!

Last Agent to Sell the Property

Raul Pino

Sovereign Real Estate Group License #3292521 Listed on: 07/06/2017

Last Buyer's Agent

Arelis Marquez

A Garcia Realty, LLC License #3255900

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,209

Year Built

  • Built in 1965

Lot Details

  • 10,664 Sq Ft Lot
  • 105 Ft Wide Lot
  • Home fronts a canal
  • Northwest Facing Home

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Lake
  • Lagoon

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,994 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Ceramic Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Canal Width is 81-120 Feet
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484125050320

Community Details

Overview

  • No Home Owners Association
  • Margate 4Th Add Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,209

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Ramp,Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: MARGATE 4TH ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry, Florida Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1994
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Living Room Features: Florida Room

Exterior Features

  • Roof: Shingle
  • View: Lagoon, Lake
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Canal Front, Canal Width 81-120 Feet
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MARGATE 4TH ADD
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular 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: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484125050320
  • Lot Size Sq Ft: 10664
  • Zoning: RESI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2017
Closed on
Aug 29, 2017
Sold by
Hope Rise Investments Llc
Bought by
Nguyen Thien Chi and Tuong Nguyen Vy Thi
Seller's Agent
Raul Pino
Sovereign Real Estate Group
Buyer's Agent
Arelis Marquez
A Garcia Realty, LLC
List Price
$334,900
Sold Price
$325,000
Premium/Discount to List
-$9,900
-2.96%
Current Estimated Value
$529,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,729
Avg. Annual Appreciation
6.03%
Original Mortgage
$260,000
Outstanding Balance
$217,468
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$312,261

Purchase Details

Closed on
Mar 8, 2016
Sold by
Srgc Capital Llc
Bought by
Hope Rise Investments Llc

Purchase Details

Closed on
Mar 1, 2016
Sold by
Mortgage Electronic Registration Sys Inc and Barkley Heather
Bought by
Srgc Capital Llc

Purchase Details

Closed on
Feb 9, 2007
Sold by
Ruthven Richard
Bought by
Ruthven Richard and Barkley Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,800
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2006
Sold by
Nastase Lloyd and Nastase Maria
Bought by
Ruthven Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,200
Interest Rate
9.15%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 20, 2005
Sold by
Miner Shawn
Bought by
Nastase Lloyd and Nastase Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2003
Sold by
Engelman Steve and Engelman Lisa
Bought by
Miner Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,400
Interest Rate
5.82%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 7, 1996
Sold by
Swain Mae
Bought by
Engelman Steve and Engelman Lisa
Source: Public Records
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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
Nguyen Thien Chi $325,000 Stewart Title Co
Hope Rise Investments Llc $203,000 Attorney
Srgc Capital Llc $181,600 None Available
Ruthven Richard -- None Available
Ruthven Richard $352,000 Complete Title Solutions
Nastase Lloyd $258,000 Attorney
Miner Shawn $227,000 Ac Title & Escrow Inc
Engelman Steve $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Thien Chi $260,000
Previous Owner Ruthven Richard $26,300
Previous Owner Ruthven Richard $288,800
Previous Owner Ruthven Richard $299,200
Previous Owner Nastase Lloyd $240,000
Previous Owner Miner Shawn $45,400
Previous Owner Miner Shawn $181,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $325,000 -3.0% $163 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $334,900 -- $168 / 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 $6,473 $336,030 -- --
2024 $6,347 $326,560 -- --
2023 $6,347 $317,050 $0 $0
2022 $6,067 $307,820 $0 $0
2021 $5,907 $298,860 $0 $0
2020 $5,809 $294,740 $0 $0
2019 $5,709 $288,120 $0 $0
2018 $5,355 $282,750 $58,650 $224,100
2017 $3,995 $173,110 $0 $0
2016 $2,209 $132,980 $0 $0
2015 $2,263 $132,060 $0 $0
2014 $2,272 $131,020 $0 $0
2013 -- $129,090 $55,990 $73,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10305165

MIAMI REALTORS® MLS

APN: 48-41-25-05-0320