NOT LISTED FOR SALE

7970 NW 8th St Margate, FL 33063

Estimated Value: $505,000 - $587,832

3 Beds
2 Baths
2,008 Sq Ft
$273/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $255,000 $127 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,340/month

8 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Screened Porch
  • Lake View
  • No HOA
  • Circular Driveway

About This Home

As of October 2015

MARGATE SINGLE FAMILY HOME ON A LAKE FRONT LOT. BEAUTIFUL WOOD FLOORS WERE INSTALLED BY PREVIOUS OWNER. HOME FEATURES SUNKEN LIVING ROOM, SCREENED PATIO, SEMI-UPDATED KITCHEN WITH STAINLESS STEEL APPLIANCES, BELOW GROUND SWIMMING POOL, 1 CAR GARAGE AND CI RCULAR DRIVEWAY. SOLD AS-IS. SELLER/AGENT HAS NO PRIOR HISTORY OR DISCLOSURES. BUYER/BUYER'S AGENT RESPONSIBLE TO VERIFY OF ANY VIOLATIONS, TAXES, ETC. IT'S ENCOURAGED OFFERS INCLUDE PROOF OF FUNDS AND PRE-APPROVAL LETTER.

Last Agent to Sell the Property

Steven Modica

Real Estate Home Sales Inc License #431169 Listed on: 08/03/2015

Last Buyer's Agent

Non-Member

Non-Member Selling Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 1983

Lot Details

  • 0.26 Acre Lot
  • North Facing Home

Parking

  • 1 Car Garage
  • Circular Driveway

Property Views

  • Lake
  • Pool

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,008 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Screened Porch
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association
  • Oriole Margate Sec 6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484135070940

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,154

Year Built

Built in 1983

Lot Details

0.26 Acres

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: SEE GOOGLE MAP
  • Year Built: 1983
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Gas Range, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 2008.0
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area, Porch
  • View: Lake, Pool
  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake, None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Porch, Screened, Balcony
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway

Utilities

  • 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: None
  • Association: No

Lot Info

  • Parcel #: 484135070940
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11325.6
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2154.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Oct 23, 2015
Sold by
Reverse Mortgage Solutions Inc
Bought by
Flores Jose
Seller's Agent
Steven Modica
Real Estate Home Sales Inc
Buyer's Agent
Non-Member
Non-Member Selling Office
List Price
$247,000
Sold Price
$255,000
Premium/Discount to List
$8,000
3.24%
Current Estimated Value
$548,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,708
Avg. Annual Appreciation
7.64%
Original Mortgage
$250,381
Outstanding Balance
$200,589
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$348,119

Purchase Details

Closed on
May 19, 2015
Sold by
Hansen Odd
Bought by
Reverse Mortgage Solutions Inc

Purchase Details

Closed on
Jun 1, 1982
Sold by
Available Not
Bought by
Available Not
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Flores Jose $255,000 Attorney
Reverse Mortgage Solutions Inc $178,300 None Available
Available Not $61,071 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Jose $250,381
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2015 10/23/15 Sold $255,000 +3.2% $127 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $247,000 -- $123 / 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 $5,814 $305,940 -- --
2025 $5,668 $297,900 -- --
2024 $5,555 $289,510 -- --
2023 $5,555 $281,080 $0 $0
2022 $5,307 $272,900 $0 $0
2021 $5,165 $264,960 $0 $0
2020 $5,079 $261,310 $0 $0
2019 $4,990 $255,440 $0 $0
2018 $4,680 $250,680 $0 $0
2017 $4,637 $245,530 $0 $0
2016 $5,585 $245,530 $0 $0
2015 $5,139 $217,220 $0 $0
2014 $2,154 $140,070 $0 $0
2013 -- $182,880 $46,080 $136,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1352625

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-35-07-0940

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