NOT LISTED FOR SALE

881 SW 49th Terrace Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $466,000 - $552,000

3 Beds
2 Baths
2,115 Sq Ft
$243/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $250,000 $118 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,230/month

21 Days on Market

Highlights

  • Newly Remodeled
  • Pool View
  • Porch
  • Private Pool
  • Breakfast Area or Nook
  • Open Patio

About This Home

As of December 2017

Large home with sunken living room facing remarkable patio/pool area. Property backs up to wildlife preserve. Priced for quick sale. Will make a great project for handyman or investment home for renovation. 2 years left on Home Appliance Warranty. Needs a lot of updating but has great potential for a family needing large home with pool.

Last Agent to Sell the Property

John James

LoKation License #3265181 Listed on: 10/31/2017

LoKation

Last Buyer's Agent

John James

LoKation License #3265181 Listed on: 10/31/2017

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,105

Year Built

  • Built in 1973 | Newly Remodeled

Lot Details

  • 7,215 Sq Ft Lot
  • East Facing Home
  • Property is zoned R-1C

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Built-Up Roof

Interior Spaces

  • 2,115 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Pool Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer

Pool

  • Private Pool
  • Screen Enclosure

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Oakland Hills 1St Sec 74 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494206091020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,105

Year Built

Built in 1973 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1973
  • Architectural Style: One Story
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, First Floor Entry, Living/Dining Room, Main Level Master
  • Appliances: Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2115.0

Exterior Features

  • Exterior Features: Lighting, Porch, Patio
  • View: Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: In Ground, Pool, Screen Enclosure
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: New Construction
  • Roof: Built-Up

Garage/Parking

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

Utilities

  • Laundry Features: In Garage
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 494206091020
  • Lot Size Sq Ft: 7215.0
  • Zoning Description: R-1C
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4105.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2017
Closed on
Dec 19, 2017
Sold by
Meyer Gina and Meyer Paul
Bought by
Herrera Jose Guadalupe
Seller's Agent
John James
LoKation
Buyer's Agent
John James
LoKation
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Current Estimated Value
$512,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,893
Avg. Annual Appreciation
9.75%
Original Mortgage
$237,500
Outstanding Balance
$201,865
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$307,519

Purchase Details

Closed on
Nov 6, 2006
Sold by
Parell Charles L and Parell Cassi M
Bought by
Meyer Paul and Meyer Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2004
Sold by
Parell Charles L and Parell Cassi
Bought by
Parell Charles L and Parell Cassi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,550
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2002
Sold by
Townsend Ronald and Townsend Dorothy
Bought by
Parell Charles L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
10.25%

Purchase Details

Closed on
Jan 11, 1996
Sold by
Thompson Karl R and Thompson Darlene L
Bought by
Townsend Ronald and Townsend Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1991
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Herrera Jose Guadalupe $250,000 Attorney
Meyer Paul $309,000 None Available
Parell Charles L -- --
Parell Charles L $160,000 Royal Title & Escrow Co Inc
Townsend Ronald $109,000 --
Available Not $66,786 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Jose Guadalupe $237,500
Previous Owner Meyer Paul $234,500
Previous Owner Meyer Paul $247,200
Previous Owner Parell Charles L $147,550
Previous Owner Parell Charles L $136,000
Previous Owner Townsend Ronald $87,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $250,000 -3.8% $118 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
10/31/2017 10/31/17 For Sale $259,900 -- $123 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $5,219 $276,660 -- --
2024 $5,113 $268,870 -- --
2023 $5,113 $261,040 $0 $0
2022 $4,883 $253,440 $0 $0
2021 $4,752 $246,060 $0 $0
2020 $4,672 $242,670 $28,860 $213,810
2019 $4,655 $240,250 $28,860 $211,390
2018 $5,137 $230,000 $28,860 $201,140
2017 $4,425 $183,150 $0 $0
2016 $4,105 $166,500 $0 $0
2015 $3,974 $151,370 $0 $0
2014 $3,528 $137,610 $0 $0
2013 -- $125,100 $21,650 $103,450
Source: Public Records

Agents Affiliated with this Home

  • John James

    Seller's Agent in 2017

    John James

    LoKation

    (786) 417-4616

    17 Total Sales

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10091905

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-06-09-1020

Florida Broward County Margate 33063 Margate Estates

881 SW 49th Terrace, Margate, FL

This home is located at 881 SW 49th Terrace, Margate, FL 33068 since 31 October 2017 and is currently estimated at $512,893, approximately $242 per square foot. This property was built in 1973. 881 SW 49th Terrace is a home located in Broward County with nearby schools including Liberty Elementary School, Margate Middle School, and Coconut Creek High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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