NOT LISTED FOR SALE

Estimated Value: $397,000 - $560,000

3 Beds
2 Baths
1,467 Sq Ft
$306/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $356,000 $243 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,040/month

213 Days on Market

Highlights

  • River View
  • Canal Width 1-80 Feet
  • Cooling Available
  • Waterfront
  • No HOA
  • 2-minute walk to Legacy Park

About This Home

As of June 2022

Canal Front 3 Bedroom and 2 Bathroom home ready for some TLC. Home needs to be updated. Gable Roof (2017), AC (2008). Has a family room and Living room. Separate Laundry room. Florida Room is set up as a 4th Bedroom. Screened in Front Porch. This home features a spacious lot, both front and back yard overlooking the tidal canal. Located in the heart of Margate, Close to parks, shopping, restaurants, a water park, the Turnpike and much more. Only 7 miles to the beach. Buyer responsible for all liens and violations.

Last Agent to Sell the Property

Anish Dave

Charles Rutenberg Realty FTL License #3028210 Listed on: 10/22/2021

Charles Rutenberg Realty FTL

Last Buyer's Agent

Eliana Gutierrez Dave

Charles Rutenberg Realty FTL License #3278854

Charles Rutenberg Realty FTL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,617

Year Built

  • Built in 1958

Lot Details

  • 7,500 Sq Ft Lot
  • 75 Ft Wide Lot
  • Waterfront
  • Southeast Facing Home

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,467 Sq Ft Home
  • 1-Story Property
  • River Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Canal Width 1-80 Feet

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Margate 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484125031370

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,617

Year Built

Built in 1958

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Use GPS.
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: MARGATE 3RD ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1467
  • Possible Use: Investment
  • Bedroom Features: Other
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: River
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Canal Width 1-80 Feet
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MARGATE 3RD ADD
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484125031370
  • Lot Size Sq Ft: 7500
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1617

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Construction Development Team Llc and Source Group Multiservices Llc
Bought by
Prosper Meziana
Current Estimated Value
$449,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,500
Outstanding Balance
$400,872
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$48,136

Purchase Details

Listed on
Oct 22, 2021
Closed on
Jun 10, 2022
Sold by
Valor Ventures Inc
Bought by
Construction Development Team Llc
Seller's Agent
Anish Dave
Charles Rutenberg Realty FTL
Buyer's Agent
Eliana Gutierrez Dave
Charles Rutenberg Realty FTL
List Price
$349,000
Sold Price
$356,000
Premium/Discount to List
$7,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$300,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 22, 2021
Closed on
May 20, 2022
Sold by
Jose Bianchi
Bought by
Valor Ventures Inc
Seller's Agent
Anish Dave
Charles Rutenberg Realty FTL
Buyer's Agent
Eliana Gutierrez Dave
Charles Rutenberg Realty FTL
List Price
$349,000
Sold Price
$356,000
Premium/Discount to List
$7,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 22, 2021
Closed on
May 19, 2022
Sold by
Jorge Bianchi
Bought by
Valor Ventures Inc
Seller's Agent
Anish Dave
Charles Rutenberg Realty FTL
Buyer's Agent
Eliana Gutierrez Dave
Charles Rutenberg Realty FTL
List Price
$349,000
Sold Price
$356,000
Premium/Discount to List
$7,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 5, 1996
Sold by
Personal Payment Corp
Bought by
Bianchi Carlos J and Bianchi Sonia B

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
FHA

Purchase Details

Closed on
Aug 15, 1995
Sold by
Olivieri Chattie E
Bought by
Personal Payment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,450
Interest Rate
7.76%
Source: Public Records
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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
Prosper Meziana $430,000 Independence Title Company
Construction Development Team Llc $356,000 Firm Title
Valor Ventures Inc -- New Title Company Name
Valor Ventures Inc $171,000 New Title Company Name
Bianchi Carlos J $87,500 --
Personal Payment Corp $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prosper Meziana $408,500
Previous Owner Construction Development Team Llc $300,000
Previous Owner Bianchi Carlos J $87,200
Previous Owner Personal Payment Corp $37,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $356,000 +2.0% $243 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $349,000 0.0% $238 / Sq Ft
05/20/2022 05/20/22 Price Changed $349,000 +118.1% $238 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $160,000 -- $109 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $7,690 $341,430 $82,500 $258,930
2025 $7,616 $332,840 $41,250 $291,590
2024 $7,539 $332,840 $41,250 $291,590
2023 $7,539 $328,670 $41,250 $287,420
2022 $6,151 $265,180 $0 $0
2021 $5,575 $241,080 $41,250 $199,830
2020 $1,617 $103,350 $0 $0
2019 $1,581 $101,030 $0 $0
2018 $1,039 $99,150 $0 $0
2017 $1,026 $97,120 $0 $0
2016 $1,065 $95,130 $0 $0
2015 $1,087 $94,470 $0 $0
2014 $1,090 $93,730 $0 $0
2013 -- $104,320 $39,380 $64,940
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11115428

MIAMI REALTORS® MLS

APN: 48-41-25-03-1370

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