NOT LISTED FOR SALE

Estimated Value: $493,052

2 Beds
2 Baths
1,920 Sq Ft
$257/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2022

Last sale price $400,000 $208 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,375 / mo

141 Days on Market

Highlights

  • Lake View
  • Room in yard for a pool
  • Sun or Florida Room
  • Waterfront
  • Vaulted Ceiling
  • No HOA

About This Home

As of October 2022

Charming Waterfront single family home in a great area of the desirable city of Margate. Home features a 2 car garage, 2 bedrooms 2 baths with plenty of options to add a third bedroom. Must see to appreciate. Gourmet kitchen boasts Stainless Steel Appliances with custom wood cabinets, granite counters and backsplash. Lots of Light with upper windows and vaulted ceilings in the living area. Bathrooms have all been tastefully updated with new vanities. Tile and wood laminate flooring throughout. Enjoy relaxing out back in the Gazebo with a nice view of the wide lake while watching the sunset. Mango Fruit Tree in Yard. Plenty of Room for Pool. NO HOA. Needs a little TLC. Tons of investment potential. Water heater - 2016, AC - 20/21 . All updates to kitchen, bedroom floors & bathroom, were done by previous owners prior to purchasing home. Great quiet neighborhood.

Last Buyer's Agent

Raul Alvarez

My Realty Group, LLC. License #3376930

My Realty Group, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,282

Year Built

  • Built in 1959

Lot Details

  • 8,705 Sq Ft Lot
  • Waterfront
  • North Facing Home

Parking

  • 2 Car Attached Garage
  • Parking Garage Space

Home Design

  • Garden Apartment
  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,920 Sq Ft Home
  • Property has 1 Level
  • Vaulted Ceiling
  • Ceiling Fan
  • Sun or Florida Room
  • Utility Room in Garage
  • Lake Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Schools

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

Additional Features

  • Room in yard for a pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Margate 3Rd Add Resub Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484125040580

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,282

Year Built

Built in 1959

Lot Details

8,705 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Garden Apartment, Split Level
  • Directions: Take Royal Palm Blvd E to SR7/441 turn South head to Margate Blvd turn right then turn left on NW 63rd Terrace then Left on Lakeshore Dr.
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 1
  • Lot Size Acres: 0.2
  • New Construction: No
  • Road Frontage Type: Public Road
  • Building Stories: 1
  • Structure Type: House
  • Subdivision Name: MARGATE 3RD ADD-RESUB OF
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 400000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Stacked Bedroom, Vaulted Ceiling(s), Florida Room, Utility/Laundry In Garage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1920
  • Stories: 1
  • Living Room Features: Florida Room, Laundry, Utility/Laundry In Garage, Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Other Roof/Roof Structure, Other
  • View: Lake, Lake View
  • Exterior Features: Fruit Trees, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Livable
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Parking Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Room For Pool
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, In Garage, Utility Room/Laundry
  • Utilities: Sewer Connected, Water Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Community Features: None, Public Road

Schools

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

Lot Info

  • Parcel Number: 484125040580
  • Lot Size Sq Ft: 8705
  • Zoning: R-1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5282

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Oct 18, 2022
Sold by
Bought by
Buyer's Agent
Raul Alvarez
My Realty Group, LLC.
List Price
$524,900
Sold Price
$400,000
Premium/Discount to List
-$124,900
-23.8%
Current Estimated Value
$493,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,052
Avg. Annual Appreciation
5.72%
Original Mortgage
$360,000
Outstanding Balance
$345,034
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$148,018

Purchase Details

Listed on
May 7, 2018
Closed on
Oct 12, 2018
Sold by
Bought by
Seller's Agent
Peter A. Leon
First Global Realty
Buyer's Agent
Ramonita Acevedo
Jewel International Real Estate LLC
List Price
$290,000
Sold Price
$285,000
Premium/Discount to List
-$5,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$256,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2016
Closed on
Sep 27, 2016
Sold by
Bought by
Seller's Agent
Tammy Stern
Realty Wholesalers Inc
Buyer's Agent
Peter A. Leon
First Global Realty
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$240,562
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2016
Bought by

Purchase Details

Closed on
Feb 1, 1989
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 --
$285,000 Sunbelt Title Agency
$245,000 None Available
$163,100 --
$70,714 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $360,000
Previous Owner $256,500
Previous Owner $240,562
Previous Owner $125,000
Previous Owner $80,000
Previous Owner $30,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2022 10/18/22 Sold $400,000 -23.8% $208 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $524,900 +84.2% $273 / Sq Ft
10/12/2018 10/12/18 Sold $285,000 -1.7% $148 / Sq Ft View Prior Sale
09/12/2018 09/12/18 Pending -- -- --
05/06/2018 05/06/18 For Sale $290,000 +16.0% $151 / Sq Ft
09/27/2016 09/27/16 Sold $250,000 0.0% $130 / Sq Ft View Prior Sale
09/01/2016 09/01/16 For Sale $249,900 -- $130 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,346 $426,130
2025 $8,140 $405,010 $47,880 $357,130
2024 $8,007 $403,240 $47,880 $343,500
2023 $8,007 $392,420 $47,880 $344,540
2022 $8,490 $376,160 $47,880 $328,280
2021 $5,282 $270,300 $0 $0
2020 $5,194 $266,570 $0 $0
2019 $5,103 $260,580 $47,880 $212,700
2018 $5,426 $243,740 $47,880 $195,860
2017 $4,365 $232,750 $0 $0
2016 $3,208 $122,040 $0 $0
2015 $3,030 $110,950 $0 $0
2014 $2,719 $100,870 $0 $0
2013 -- $91,700 $45,700 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10796563

MIAMI REALTORS® MLS

APN: 48-41-25-04-0580

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