NOT LISTED FOR SALE

Estimated Value: $359,000 - $411,000

3 Beds
1 Bath
914 Sq Ft
$411/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $298,000 $326 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,449/month

78 Days on Market

Highlights

  • Home fronts a canal
  • Tile Flooring
  • North Facing Home
  • No HOA
  • Central Heating and Cooling System
  • 3-minute walk to Winfield Park

About This Home

As of October 2021

Lovely 3 bedroom, 1 bathroom single family home in Margate! This perfect starter home or investment opportunity is located on a large lot and offers a spacious layout in a very convenient location. Upon entering this home you will find a spacious living room area leading to the kitchen with plenty of windows allowing for natural light and beautiful neutral paint throughout. In the kitchen you will find lots of wooden cabinets for storage space. The exterior of this home features a large lot that can be fenced-in complete with a spacious patio area and enough room for a pool making this home perfect for outdoor entertaining. This home is conveniently located just minutes from major roadways, shopping, dining and more!

Last Agent to Sell the Property

Laurie Reader

Keller Williams Dedicated Professionals License #0652792 Listed on: 06/26/2021

Keller Williams Dedicated Professionals

Last Buyer's Agent

Laurie Reader

Keller Williams Partners License #0652792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,252

Year Built

  • Built in 1961

Lot Details

  • 6,011 Sq Ft Lot
  • 1 Ft Wide Lot
  • Home fronts a canal
  • North Facing Home

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 914 Sq Ft Home
  • Tile Flooring
  • Canal Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • North Margate 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484124020100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,252

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Directions: Use GPS for directions
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: NORTH MARGATE 1ST ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Spa Yn: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 914
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Other
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: Canal
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: NORTH MARGATE 1ST ADD
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: 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: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484124020100
  • Lot Size Sq Ft: 6011
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3252

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Oct 19, 2021
Sold by
Zillow Homes Property Trust
Bought by
Martins Sarah and Hambrick Kyle
Seller's Agent
Laurie Reader
Keller Williams Dedicated Professionals
Buyer's Agent
Laurie Reader
Keller Williams Partners
List Price
$303,900
Sold Price
$298,000
Premium/Discount to List
-$5,900
-1.94%
Current Estimated Value
$376,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,109
Avg. Annual Appreciation
5.63%
Original Mortgage
$288,054
Outstanding Balance
$260,388
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$115,721

Purchase Details

Closed on
May 19, 2021
Sold by
Gorham Michael and Gorham Dawn
Bought by
Zillow Homes Property Trust

Purchase Details

Closed on
Mar 7, 2012
Sold by
Young William Darrell
Bought by
Gorham Michael and Gorham Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2011
Sold by
Young William D
Bought by
Young William Darrell

Purchase Details

Closed on
Mar 14, 2008
Sold by
Seward Jennifer Yvonne and Seward Richard J
Bought by
Young William D and William Darrell Young Revocable Trust

Purchase Details

Closed on
Jul 19, 2006
Sold by
Dubin Danielle
Bought by
Seward Jennifer Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.67%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 29, 2005
Sold by
Ray Ruby M
Bought by
Dubin Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martins Sarah $298,000 None Listed On Document
Zillow Homes Property Trust $275,500 None Available
Gorham Michael $89,000 Attorney
Young William Darrell -- Attorney
Young William D -- Attorney
Seward Jennifer Yvonne $250,000 Multiple
Dubin Danielle $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martins Sarah $288,054
Previous Owner Gorham Michael $66,750
Previous Owner Seward Jennifer Yvonne $175,000
Previous Owner Dubin Danielle $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $298,000 +0.1% $326 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
07/30/2021 07/30/21 Price Changed $297,700 -0.7% $326 / Sq Ft
07/09/2021 07/09/21 Price Changed $299,900 -1.3% $328 / Sq Ft
06/25/2021 06/25/21 For Sale $303,900 -- $332 / 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 $5,438 $280,520 -- --
2025 $5,301 $280,520 -- --
2024 $5,194 $272,620 $33,000 $231,680
2023 $5,194 $264,680 $33,000 $231,680
2022 $5,335 $274,200 $33,000 $241,200
2021 $3,529 $132,970 $0 $0
2020 $3,252 $168,670 $33,000 $135,670
2019 $3,092 $165,370 $33,000 $132,370
2018 $2,680 $143,430 $33,000 $110,430
2017 $2,384 $90,830 $0 $0
2016 $2,228 $82,580 $0 $0
2015 $2,117 $75,080 $0 $0
2014 $1,793 $68,260 $0 $0
2013 -- $80,100 $31,500 $48,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11062776

MIAMI REALTORS® MLS

APN: 48-41-24-02-0100