$515,000
SOLD JUN 10, 2024

7375 Cypress Dr Margate, FL 33063

3 Beds
2 Baths
1,844 Sq Ft
3,486 Sq Ft Lot

Recently Sold

$279 Per Sq Ft

5% Below List Price

39 Days on Market

Highlights

  • Garden View
  • Tile Flooring
  • 1 Car Garage
  • Furnished
  • Central Heating and Cooling System
  • Northwest Facing Home

About This Home

As of June 2024

Picture yourself in a stunning abode, nestled in a prime location, boasting brand-new roof and impact windows. This spacious sanctuary offers everything you desire, including a pristine kitchen and a backyard oasis adorned with bountiful fruit trees. Don't miss out on this gem – it's a rare find in today's market! FHA, VA, conventional loans, all buyers welcome.Join us for an exclusive Open House event this Saturday, May 4th, from 1 PM to 4 PM. See you there!

Last Agent to Sell the Property

Vanya Chopra

LoKation Brokerage Phone: 954-471-4606 License #3390797 Listed on: 05/01/2024

LoKation

Last Buyer's Agent

Vanya Chopra

LoKation Brokerage Phone: 954-471-4606 License #3390797 Listed on: 05/01/2024

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,401

Year Built

  • Built in 1994

Lot Details

  • 3,486 Sq Ft Lot
  • Northwest Facing Home
  • Property is zoned PUD

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 1,844 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Tile Flooring
  • Garden Views

Kitchen

  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Palm Island Plat 2 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 484126181620

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,401

Year Built

Built in 1994

Lot Details

0

HOA Fees

$26 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: PALM ISLAND PLAT 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 954-471-4606
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1844
  • Possible Use: Primary
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Other

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Exterior Features: Fruit Trees
  • Direction Faces: Northwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PALM ISLAND PLAT 2
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, On Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: 314
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Mandatory Hoa
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 484126181620
  • Lot Size Sq Ft: 3486
  • Zoning: PUD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 10, 2024
Sold by
Royal Ivan K and Royal Grace A
Bought by
Exantus Jennings and Mombranche Christine
Seller's Agent
Vanya Chopra
LoKation
Buyer's Agent
Vanya Chopra
LoKation
List Price
$540,000
Sold Price
$515,000
Premium/Discount to List
-$25,000
-4.63%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.26%
Original Mortgage
$505,672
Outstanding Balance
$500,749
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$15,725

Purchase Details

Closed on
Mar 29, 2002
Sold by
Alfonzo Cesar and Alfonzo Carmen
Bought by
Royal Ivan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
7.07%

Purchase Details

Closed on
Aug 3, 1994
Sold by
Excel Cypress Ltd
Bought by
Alfonzo Cesar and Alfonzo Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,210
Interest Rate
8.39%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $515,000 Title Guaranty Of South Florid
Warranty Deed $169,000 Titleperfect Inc
Deed $117,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $505,672 FHA
Previous Owner $225,000 Fannie Mae Freddie Mac
Previous Owner $50,000 Credit Line Revolving
Previous Owner $154,381 FHA
Previous Owner $126,750 No Value Available
Previous Owner $105,210 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $530,000 +2.9% $287 / Sq Ft
06/10/2024 06/10/24 Sold $515,000 -4.6% $279 / Sq Ft
05/01/2024 05/01/24 For Sale $540,000 -- $293 / 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 $6,462 $414,950 $24,400 $390,550
2024 $8,401 $414,950 $24,400 $390,550
2023 $8,401 $160,240 $0 $0
2022 $4,484 $155,580 $0 $0
2021 $3,893 $151,050 $0 $0
2020 $3,845 $148,970 $0 $0
2019 $3,793 $145,630 $0 $0
2018 $3,634 $142,920 $0 $0
2017 $3,604 $139,990 $0 $0
2016 $3,520 $137,120 $0 $0
2015 $3,737 $136,170 $0 $0
2014 $3,441 $135,090 $0 $0
2013 -- $133,100 $24,400 $108,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11579413

MIAMI REALTORS® MLS

APN: 48-41-26-18-1620