NOT LISTED FOR SALE

1616 E River Dr Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $301,000 - $426,000

2 Beds
1 Bath
1,302 Sq Ft
$270/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $220,000 $169 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,278/month

60 Days on Market

Highlights

  • Built in 1958 | Newly Remodeled
  • Converted Garage
  • Impact Glass
  • Screened Porch
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of September 2018

A Rare Find! Beautiful Updated Entertaining Home located on one of the nicest streets in Margate. Newer Kitchen w/ Wood Cabinets, Stainless Appliances. Cool Bar for Entertaining. Hurricane Shutters, large lot w/Room for Pool, meticulously groomed, fenced and yard. Large Screened in Car Port. HUGE indoor Laundry Room w/Newer Washer/Dryer. NEW flooring thru-out the home. NEW Doors. Renovated Bathroom, Sprinkler system was replaced. Security cameras will be conveyed to the new owner of this amazing home.

Last Agent to Sell the Property

Harry Pollack

LoKation License #3380517 Listed on: 06/15/2018

LoKation

Last Buyer's Agent

Leonardo Alvarado

Dream Terra Realty Inc License #1030459

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,452

Year Built

  • Built in 1958 | Newly Remodeled

Lot Details

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

Home Design

  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof

Interior Spaces

  • 1,302 Sq Ft Home
  • 1-Story Property
  • Awning
  • Screened Porch
  • Utility Room
  • Terrazzo Flooring
  • Impact Glass

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Attached Carport Space
  • Converted Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Margate 3Rd Add 44 48 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484125032040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,452

Year Built

Built in 1958 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: i-phone map will not work use google maps or another gps application.
  • Year Built: 1958
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Eat-in Kitchen, First Floor Entry
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Terrazzo
  • Living Area: 1302.0
  • Dining Room Type: Converted Garage, Laundry, Utility Room
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Awning(s), Enclosed Porch, Fence, Patio
  • View: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: New Construction
  • Roof: Composition, Fiberglass, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Driveway

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 484125032040
  • Lot Size Sq Ft: 7498.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2452.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Sep 14, 2018
Sold by
Steuber Randall
Bought by
Reyes Saul Delcid and Roblero Marisabel Munoz
Seller's Agent
Harry Pollack
LoKation
Buyer's Agent
Leonardo Alvarado
Dream Terra Realty Inc
List Price
$249,000
Sold Price
$220,000
Premium/Discount to List
-$29,000
-11.65%
Current Estimated Value
$351,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,670
Avg. Annual Appreciation
6.66%
Original Mortgage
$187,000
Outstanding Balance
$171,072
Interest Rate
7.24%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$180,598

Purchase Details

Listed on
Feb 24, 2017
Closed on
Apr 20, 2017
Sold by
Baumgrten Samuel
Bought by
Steuber Randall
Seller's Agent
Richard Zucchini
USA Trust Realty, Inc.
Buyer's Agent
Kelly Ramsay
Summer Wind Realty South Fl PL
List Price
$186,500
Sold Price
$177,500
Premium/Discount to List
-$9,000
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.83%
Original Mortgage
$159,750
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2007
Sold by
Fayden Karen Elizabeth
Bought by
Baumgarten Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2000
Sold by
Available Not
Bought by
Available Not
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
Reyes Saul Delcid $220,000 All Florida Title Company
Steuber Randall $177,500 Attorney
Baumgarten Samuel $138,000 U S A Trust Title
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Saul Delcid $187,000
Previous Owner Steuber Randall $159,750
Previous Owner Baumgarten Samuel $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2018 09/14/18 Sold $220,000 -11.6% $169 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $249,000 +40.3% $191 / Sq Ft
04/28/2017 04/28/17 Sold $177,500 -4.8% $220 / Sq Ft View Prior Sale
03/16/2017 03/16/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $186,500 -- $232 / 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 $5,288 $229,480 $33,740 $195,740
2024 $5,226 $229,480 $33,740 $195,740
2023 $5,226 $223,670 $33,740 $189,930
2022 $5,037 $216,100 $0 $0
2021 $4,599 $196,460 $33,740 $162,720
2020 $4,853 $208,390 $33,740 $174,650
2019 $4,561 $193,600 $33,740 $159,860
2018 $2,324 $138,630 $33,740 $104,890
2017 $2,753 $108,330 $0 $0
2016 $2,375 $98,490 $0 $0
2015 $2,413 $94,880 $0 $0
2014 $2,236 $86,260 $0 $0
2013 -- $78,420 $29,990 $48,430
Source: Public Records

Agents Affiliated with this Home

  • Harry Pollack

    Seller's Agent in 2018

    Harry Pollack

    LoKation

    (954) 347-6934

    47 Total Sales

    Harry Pollack
    Section Image

  • L

    Buyer's Agent in 2018

    Leonardo Alvarado

    Dream Terra Realty Inc

  • R

    Seller's Agent in 2017

    Richard Zucchini

    USA Trust Realty, Inc.

    (954) 260-4800

    4 Total Sales

    Richard Zucchini
    Section Image

  • K

    Buyer's Agent in 2017

    Kelly Ramsay

    Summer Wind Realty South Fl PL

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10127709

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-25-03-2040

Florida Broward County Margate 33063 Margate Gardens

1616 E River Dr, Margate, FL

Not Listed for Sale

Detached

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