NOT LISTED FOR SALE

7397 Flores Way Margate, FL 33063

Estimated Value: $481,000 - $530,832

3 Beds
2.5 Baths
1,844 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $418,000 $227 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,866/month

7 Days on Market

Highlights

  • Gated Community
  • Marble Flooring
  • Breakfast Area or Nook
  • Room in yard for a pool
  • Garden View
  • 1 Car Attached Garage

About This Home

As of October 2021

Two Story Home In Gated Community Of Cypress Cove, 3 Bedroom, 2- And One-Half Bathroom With Laminate And Marble Floors, Quartz Counters In Kitchen, Hurricane Impact Windows On Second Floor, Huge Fenced Back Yard, A Must See To Believe The Size Of Back Yard With A Beautifully Kept Garden, And Variety Of Fruit Trees, Mango, Avocado and more, Gated Community! Low HOA!!

Last Agent to Sell the Property

Gillian Wilson

LoKation License #3028248 Listed on: 09/14/2021

LoKation

Last Buyer's Agent

Neeta Kochhar

NK Realty, LLC. License #0669521

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,787

Year Built

  • Built in 1994

Lot Details

  • 8,145 Sq Ft Lot
  • West Facing Home
  • Fenced

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Tile Roof

Interior Spaces

  • 1,844 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Garden Views
  • Partial Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 484126180220

Community Details

Overview

  • Palm Island Plat Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,787

Year Built

Built in 1994

Lot Details

0

HOA Fees

$102 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
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1844
  • Possible Use: Primary
  • Window Features: Partial Impact Glass, Hurricane Shutters
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area
  • Living Room Features: Family Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden
  • Exterior Features: Fruit Trees, Room For Pool
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 102
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated Community
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Atlantic West
  • High School: Coconut Crk High
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel Number: 484126180220
  • Lot Size Sq Ft: 8145
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4787

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 25, 2021
Sold by
Rodriguez Oscar J and Lillo Leonila
Bought by
Vassor Patrick L and Vassor Shelldyne Paola
Seller's Agent
Gillian Wilson
LoKation
Buyer's Agent
Neeta Kochhar
NK Realty, LLC.
List Price
$415,000
Sold Price
$418,000
Premium/Discount to List
$3,000
0.72%
Current Estimated Value
$514,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,708
Avg. Annual Appreciation
5.40%
Original Mortgage
$387,600
Outstanding Balance
$354,221
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$160,487

Purchase Details

Closed on
Nov 10, 2009
Sold by
Fernandez Leonila Lillo and Rodriguez Oscar J
Bought by
Rodriguez Oscar J

Purchase Details

Closed on
Jul 26, 2007
Sold by
Rodriguez Oscar J and Lillo Leonila
Bought by
Rodriguez Oscar J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.99%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 10, 2001
Sold by
Oscar P Rodriguez I
Bought by
Rodriguez Oscar J

Purchase Details

Closed on
Jul 22, 1993
Sold by
Excel Cypress Ltd
Bought by
Rodriguez Oscar P and Rodriguez Oscar J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,175
Interest Rate
7.1%
Source: Public Records

Range of Values:

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Average Value
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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
Vassor Patrick L $418,000 Attorney
Rodriguez Oscar J -- None Available
Rodriguez Oscar J -- Vineyard Title Inc
Rodriguez Oscar J -- --
Rodriguez Oscar P $115,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vassor Patrick L $387,600
Previous Owner Rodriguez Oscar J $495,000
Previous Owner Rodriguez Oscar P $86,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Sold $418,000 +0.7% $227 / Sq Ft
09/13/2021 09/13/21 For Sale $415,000 -- $225 / 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 $12,415 $451,670 -- --
2024 $10,482 $438,950 -- --
2023 $10,482 $426,170 $0 $0
2022 $10,106 $413,760 $57,020 $356,740
2021 $4,849 $194,760 $0 $0
2020 $4,787 $192,080 $0 $0
2019 $4,720 $187,770 $0 $0
2018 $4,504 $184,270 $0 $0
2017 $4,469 $180,480 $0 $0
2016 -- $176,770 $0 $0
2015 -- $175,550 $0 $0
2014 -- $174,160 $0 $0
2013 $41 $175,840 $56,990 $118,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11097736

MIAMI REALTORS® MLS

APN: 48-41-26-18-0220