NOT LISTED FOR SALE

974 W River Dr Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $486,000 - $509,000

3 Beds
2 Baths
1,424 Sq Ft
$347/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $520,000 $365 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,359/month

35 Days on Market

Highlights

  • In Ground Pool
  • Canal View
  • No HOA
  • Waterfront
  • Canal Width 1-80 Feet
  • Patio

About This Home

As of August 2023

Make this beautiful house your home. Updated 3 bedroom, 2 bathroom home with a pool and on a canal. Located in a quiet neighborhood in Margate, the property offers a big lot with an enclosed pool, an outdoor kitchen, and a huge backyard with different fruit trees. The roof and high-efficiency A/C are 5 years old. Most of the windows are impact windows. It has a big master bedroom with 2 closets and with a jetted tub in the master bath. It has a decent size laundry room/utility room with a modern washer and dryer. New gas water heater. Gas appliances save gas and are less than $40 a month. Showing by appointment only.

Last Agent to Sell the Property

Raul Barrios

Island Living Realty, LLC License #3420312 Listed on: 07/04/2023

Last Buyer's Agent

Lema Lamey

All Broward Realty, Inc License #580478

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,551

Year Built

  • Built in 1962

Lot Details

  • 8,744 Sq Ft Lot
  • 30 Ft Wide Lot
  • Waterfront
  • West Facing Home
  • Fenced

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,424 Sq Ft Home
  • 1-Story Property
  • Canal Views

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Canal Width 1-80 Feet
  • Patio
  • Exterior Lighting
  • Shed
  • Outdoor Grill

Schools

  • Margate Elementary School
  • Margate Middle School
  • Pompano Beach High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Margate 6 Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484136110530

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,551

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: MARGATE 6 ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Vinyl
  • Furnished: Unfurnished
  • Living Area: 1424
  • Other Equipment: Natural Gas
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: Canal
  • Exterior Features: Barbeque, Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Canal Width 1-80 Feet
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MARGATE 6 ADD
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Margate Elem
  • High School: Pompano Beach
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel Number: 484136110530
  • Lot Size Sq Ft: 8744
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2023
Closed on
Aug 18, 2023
Sold by
Barrios Raul and Barrios Elizabeth
Bought by
Lallemand Somane
Seller's Agent
Raul Barrios
Island Living Realty, LLC
Buyer's Agent
Lema Lamey
All Broward Realty, Inc
List Price
$520,000
Sold Price
$520,000
Views
175
Current Estimated Value
$494,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,415
Avg. Annual Appreciation
-2.16%
Original Mortgage
$510,581
Outstanding Balance
$498,947
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
-$4,362

Purchase Details

Closed on
Jun 11, 2004
Sold by
Barrios Raul and Barrios Elizabeth
Bought by
Barrios Raul and Barrios Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Dixon Douglas William and Dixon Gail M
Bought by
Barrios Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lallemand Somane $520,000 Phoenix Land Title & Escrow
Barrios Raul -- Star Title Services
Barrios Raul $195,000 Star Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lallemand Somane $510,581
Previous Owner Barrios Raul $185,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $520,000 0.0% $365 / Sq Ft
08/22/2023 08/22/23 For Sale $520,000 0.0% $365 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $520,000 -3.5% $365 / Sq Ft
07/04/2023 07/04/23 For Sale $539,000 -- $379 / 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 $9,211 $452,710 $43,720 $408,990
2024 $3,687 $452,540 $43,720 $408,820
2023 $3,687 $142,750 $0 $0
2022 $3,551 $138,600 $0 $0
2021 $3,481 $134,570 $0 $0
2020 $3,439 $132,720 $0 $0
2019 $3,392 $129,740 $0 $0
2018 $3,255 $127,330 $0 $0
2017 $3,227 $124,720 $0 $0
2016 $1,973 $122,160 $0 $0
2015 $2,020 $121,320 $0 $0
2014 $2,027 $120,360 $0 $0
2013 -- $118,590 $34,980 $83,610
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Raul Barrios

    Island Living Realty, LLC

    (786) 508-2240

    1 in this area

    17 Total Sales

    Raul Barrios
    Section Image

  • L

    Buyer's Agent in 2023

    Lema Lamey

    All Broward Realty, Inc

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11413771

MIAMI REALTORS® MLS

APN: 48-41-36-11-0530

Florida Broward County Margate 33063 Margate Gardens

974 W River Dr, Margate, FL

Not Listed for Sale

Detached

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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes