NOT LISTED FOR SALE

4988 SW 5th St Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $371,000 - $434,000

3 Beds
1 Bath
1,464 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 21, 2016

Last sale price $169,900 $116 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,488/month

9 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • 1-Story Property
  • Garden View
  • Tile Flooring
  • 5-minute walk to Southeast Park

About This Home

As of November 2016

not a short sale, not a forclosure

Last Agent to Sell the Property

Aziz Charania

MMLS Assoc.-Inactive Member License #3132256 Listed on: 11/01/2016

Last Buyer's Agent

Tiffany Leal

Jonathan Solomon Realty License #3293894

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,551

Year Built

  • Built in 1972

Lot Details

  • 6,004 Sq Ft Lot
  • North Facing Home
  • Property is zoned R-1C

Property Views

  • Garden
  • Pool

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Open Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Margate Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494206040620

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,551

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Margate Estates
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1464
  • Possible Use: Primary
  • Bedroom Features: Other
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: Garden, Pool
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Margate Estates
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Other
  • 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: 494206040620
  • Lot Size Sq Ft: 6004
  • Zoning: R-1C
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Nov 21, 2016
Sold by
Florida Real Estate Investors Fund Llc
Bought by
Lue Lornetta
Seller's Agent
Aziz Charania
MMLS Assoc.-Inactive Member
Buyer's Agent
Tiffany Leal
Jonathan Solomon Realty
List Price
$199,900
Sold Price
$169,900
Premium/Discount to List
-$30,000
-15.01%
Current Estimated Value
$402,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,606
Avg. Annual Appreciation
9.85%
Original Mortgage
$161,405
Outstanding Balance
$128,391
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$274,115

Purchase Details

Closed on
Jul 1, 2016
Bought by
Lue Lornetta

Purchase Details

Closed on
Nov 22, 2006
Sold by
Guerra Armando and Guerra Collette
Bought by
Guerra Armando and Velasquez Elvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 1995
Sold by
Dept Housing & Urban Dev Wa D C
Bought by
Guerra Collette and Guerra Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,900
Interest Rate
7.76%

Purchase Details

Closed on
Dec 13, 1994
Sold by
Court Clerk Circuit
Bought by
Bancboston Mtg Corp

Purchase Details

Closed on
Nov 29, 1994
Sold by
Bancboston Mtg Corp
Bought by
Housing & Uran Dev
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
Lue Lornetta $169,900 Global Title Services Of Sou
Lue Lornetta $130,300 --
Guerra Armando -- Attorney
Guerra Collette $64,200 --
Bancboston Mtg Corp -- --
Housing & Uran Dev -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lue Lornetta $161,405
Previous Owner Guerra Armando $216,000
Previous Owner Guerra Collette $60,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2016 11/21/16 Sold $169,900 -10.5% $116 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
11/09/2016 11/09/16 Price Changed $189,900 -5.0% $130 / Sq Ft
11/01/2016 11/01/16 For Sale $199,900 -- $137 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2026 $4,772 $249,730 -- --
2025 $4,650 $249,730 -- --
2024 $4,554 $242,700 -- --
2023 $4,554 $235,640 $0 $0
2022 $4,346 $228,780 $0 $0
2021 $4,228 $222,120 $0 $0
2020 $4,156 $219,060 $24,020 $195,040
2019 $4,147 $217,130 $24,020 $193,110
2018 $4,107 $189,000 $24,020 $164,980
2017 $3,746 $161,410 $0 $0
2016 $1,517 $101,250 $0 $0
2015 $1,551 $100,550 $0 $0
2014 $1,554 $99,760 $0 $0
2013 -- $98,290 $18,010 $80,280
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Aziz Charania

    MMLS Assoc.-Inactive Member

  • T

    Buyer's Agent in 2016

    Tiffany Leal

    Jonathan Solomon Realty

    (954) 978-8300

    1 Total Sale

    Tiffany Leal
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10172387

MIAMI REALTORS® MLS

APN: 49-42-06-04-0620

Florida Broward County Margate 33068 Margate Estates

4988 SW 5th St, Margate, FL

Not Listed for Sale

Detached

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