NOT LISTED FOR SALE

7960 NW 8th St Margate, FL 33063

Estimated Value: $460,354 - $560,000

3 Beds
2 Baths
1,256 Sq Ft
$406/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2014

Last sale price $200,000 $159 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,026 / mo

4 Days on Market

Highlights

  • 120 Feet of Waterfront
  • No HOA
  • Fireplace
  • Lake View
  • Balcony
  • Porch

About This Home

As of July 2014

Spacious 3Beds/2Baths single family house. Features kitchen with white on white cabinets and appliances. New range and dishwasher! Newly Painted! New carpet! All Ages! Easy access to shopping, schools, main roads and public transportation. Property sold as is. Please see attachment for FM Financing details. Please Use FAR/BAR Contract. Don't miss it.

Last Agent to Sell the Property

Danny Lewis

Lewis Real Estate Group Inc License #3039511 Listed on: 05/30/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,525

Year Built

  • Built in 1978

Lot Details

  • 9,515 Sq Ft Lot
  • 120 Feet of Waterfront
  • Lake Front
  • West Facing Home
  • Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,256 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Lake Views
  • Laundry in Garage

Kitchen

  • Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Water Purifier
  • Water Softener

Community Details

  • No Home Owners Association
  • Oriole Margate Sec 6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484135070950

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,525

Year Built

Built in 1978

Lot Details

9,515 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: FROM MARGATE BLVD, WEST OF ROCK ISLAND, GO SOUTH ON 79TH AVE THE WEST ON 8TH ST.
  • Year Built: 1978
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level
  • Private Spa: No
  • Appliances: Dishwasher, Electric Range, Disposal, Gas Range, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 1256.0
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony
  • View: Lake
  • Fencing: Fenced
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front, None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association: No

Lot Info

  • Parcel #: 484135070950
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3525.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2014
Closed on
Jul 25, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Parsons Nelson and Bryan Myrna
Seller's Agent
Danny Lewis
Lewis Real Estate Group Inc
List Price
$204,900
Sold Price
$200,000
Premium/Discount to List
-$4,900
-2.39%
Current Estimated Value
$509,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,339
Avg. Annual Appreciation
8.29%
Original Mortgage
$160,000
Outstanding Balance
$120,905
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$388,434

Purchase Details

Closed on
Nov 13, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 4, 2013
Sold by
Faroudi Malika J and Faroudi Abdelkrim
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jan 20, 2006
Sold by
Robinson Benjamin
Bought by
Faroudi Abdelkrim and Faroudi Malika Jaidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,980
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 1, 2004
Sold by
Delao Rafael and Delao Nadine T
Bought by
Robinson Benjamin

Purchase Details

Closed on
Feb 18, 1997
Sold by
Joyner Johnny and Joyner Pamela
Bought by
Delao Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,248
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1988
Sold by
Available Not
Bought by
Available Not
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Parsons Nelson $200,000 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Nationstar Mortgage Llc $157,300 None Available
Faroudi Abdelkrim $319,900 Citizens Title Services Inc
Robinson Benjamin $243,000 Florida International Title
Delao Rafael $112,000 --
Available Not $67,179 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Nelson $160,000
Previous Owner Faroudi Abdelkrim $63,980
Previous Owner Faroudi Abdelkrim $255,920
Previous Owner Delao Rafael $111,248
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $200,000 -2.4% $159 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
05/31/2014 05/31/14 For Sale $204,900 -- $163 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $3,915 $215,770 -- --
2025 $3,813 $210,100 -- --
2024 $3,730 $204,180 -- --
2023 $3,730 $198,240 $0 $0
2022 $3,555 $192,470 $0 $0
2021 $3,457 $186,870 $0 $0
2020 $3,396 $184,290 $0 $0
2019 $3,333 $180,150 $0 $0
2018 $3,127 $176,800 $0 $0
2017 $3,093 $173,170 $0 $0
2016 $3,009 $169,610 $0 $0
2015 $3,086 $168,440 $0 $0
2014 $3,852 $157,910 $0 $0
2013 -- $150,320 $38,060 $112,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1292519

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-35-07-0950

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