NOT LISTED FOR SALE

Estimated Value: $453,119 - $572,000

4 Beds
2.5 Baths
2,252 Sq Ft
$230/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $325,900 $145 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,361/month

59 Days on Market

Highlights

  • Guest House
  • Roman Tub
  • Great Room
  • 1 Bedroom Guest House
  • Garden View
  • No HOA

About This Home

As of January 2019

This unique 4/2 in Margate includes a detached 1/1 Guest House! 2 separate homes on one lot.The main house boasts large great room, laundry room, gourmet custom kitchen w/ bistro area, designer island, stainless steel appliances, stone countertops and pantry. Plenty of room to add a baker's rack or china cabinet! Full size dining area with plenty room for large family entertaining. 4th BR can double as an office or den. The large master bed/bath includes his/her walk-in closets, changing area, granite countertops and Roman tub. French doors in the Master BR lead out to the tranquil landscaped and fenced in back yard with paver patio and fruit trees! Detached guest house had 1 full bed and 1 bath and includes kitchen and living room! Perfect for rental investments or as an Air BNB! No HOA!

Last Agent to Sell the Property

Keith Gordon

Get More Offers License #0409442 Listed on: 10/23/2018

Last Buyer's Agent

Cathi DeRosa

DeRosa Realty License #3006401

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,138

Year Built

  • Built in 1958

Lot Details

  • 8,200 Sq Ft Lot
  • Northwest Facing Home
  • Fenced
  • Property is zoned R1

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,252 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • French Doors
  • Great Room
  • Formal Dining Room
  • Tile Flooring
  • Garden Views
  • Fire and Smoke Detector
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Roman Tub
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Patio

Additional Homes

  • Guest House
  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Includes Living Room
  • Guest House Includes Kitchen

Schools

  • Margate Elementary School
  • Margate Middle School
  • Coconut Crk High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Ibec Neighborhood 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484125070630

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,138

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, Other
  • Directions: From US-441 N Pass by Wells Fargo Bank (on the right in 0.5 mi) 1.6 mi Turn left onto NW 18th St 0.1 mi Turn right onto E River Dr Destination will be on the right
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: IBEC NEIGHBORHOOD 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom, Kitchen, Living Room
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Cooking Island, French Doors, Pantry, Roman Tub, Walk-In Closet(s), Great Room, Separate Guest/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 2252
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining, Snack Bar/Counter
  • Living Room Features: Great Room, Separate Guest/In-Law Quarters, Guest House, Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: IBEC NEIGHBORHOOD 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), 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

Schools

  • Elementary School: Margate Elem
  • High School: Coconut Crk High
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel Number: 484125070630
  • Lot Size Sq Ft: 8200
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Jan 18, 2019
Sold by
2625 Holdings Llc
Bought by
Brown Bonita
Seller's Agent
Keith Gordon
Get More Offers
Buyer's Agent
Cathi DeRosa
DeRosa Realty
List Price
$319,500
Sold Price
$325,900
Premium/Discount to List
$6,400
2%
Current Estimated Value
$517,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,380
Avg. Annual Appreciation
7.46%
Original Mortgage
$319,996
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 17, 2015
Closed on
Mar 21, 2016
Sold by
Meridian Trust Llc
Bought by
2625 Holdings Llc
Seller's Agent
Steven Modica
Real Estate Home Sales Inc
Buyer's Agent
Carol Brenner
Intergrated Realty Corp
List Price
$135,200
Sold Price
$111,000
Premium/Discount to List
-$24,200
-17.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.94%
Original Mortgage
$115,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Meridian Trust Llc

Purchase Details

Closed on
Jul 10, 2015
Sold by
Francois Joseph Claude and Prospere Gertha M
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 13, 2006
Sold by
Lugo Luis A
Bought by
Francois Joseph Claude and Prospere Gertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,600
Interest Rate
6.39%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 12, 2006
Sold by
Lugo Melba
Bought by
Francois Joseph Claude and Prospere Gertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,600
Interest Rate
6.39%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 18, 1998
Sold by
Thomas George E and Thomas Shyrl W
Bought by
Lugo Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,953
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 1995
Sold by
Andromidas Harry
Bought by
Thomas George Eric and Thomas Shyrl W

Purchase Details

Closed on
Oct 1, 1987
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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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
Brown Bonita $325,900 Core Title
2625 Holdings Llc -- Attorney
Meridian Trust Llc $111,000 None Available
Deutsche Bank National Trust Company $151,300 None Available
Francois Joseph Claude $283,000 First American Title Ins Co
Francois Joseph Claude -- First American Title Ins Co
Lugo Luis A $92,000 --
Thomas George Eric $30,000 --
Available Not $24,357 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Bonita $321,899
Closed Brown Bonita $319,996
Previous Owner 2625 Holdings Llc $115,000
Previous Owner Francois Joseph Claude $56,600
Previous Owner Francois Joseph Claude $56,600
Previous Owner Francois Joseph Claude $226,400
Previous Owner Lugo Luis A $191,200
Previous Owner Lugo Luis $132,600
Previous Owner Lugo Luis A $13,695
Previous Owner Lugo Luis A $91,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $325,900 +2.0% $145 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $319,500 +187.8% $142 / Sq Ft
04/21/2016 04/21/16 Sold $111,000 -17.9% $138 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
09/17/2015 09/17/15 For Sale $135,200 -- $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 $6,517 $338,120 -- --
2024 $6,391 $328,600 -- --
2023 $6,391 $319,030 $0 $0
2022 $6,109 $309,740 $0 $0
2021 $5,948 $300,720 $0 $0
2020 $5,849 $296,570 $36,900 $259,670
2019 $4,789 $203,990 $36,900 $167,090
2018 $4,243 $187,480 $36,900 $150,580
2017 $4,138 $179,780 $0 $0
2016 $3,913 $168,910 $0 $0
2015 $1,868 $114,590 $0 $0
2014 $1,874 $113,690 $0 $0
2013 -- $120,380 $32,800 $87,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10559642

MIAMI REALTORS® MLS

APN: 48-41-25-07-0630