NOT LISTED FOR SALE

Margate, FL 33063

North Margate Neighborhood

Estimated Value: $159,549 - $232,000

2 Beds
2 Baths
1,000 Sq Ft
$324/mo HOA Fee

Last Sold November 20, 2015

Last sale price $40,000 $40 Per Sq Ft

Est. 360% increase in value since last sale

Current estimated payment $1,449/month

209 Days on Market

Highlights

  • Senior Community
  • Wood Flooring
  • Community Pool
  • Clubhouse
  • Sauna
  • 2-minute walk to Winfield Park

About This Home

As of November 2015

2/2 CONDO IN A 55+ COMMUNITY. 2ND FLOOR, WOOD & CARPET FLOORS, WALK-IN CLOSET IN MASTER BEDROOM, SCREENED BALCONY. THIS PROPERTY IS CENTRALLY LOCATED IN THE HEART OF MARGATE, CLOSE TO SHOPPING CENTERS, GROCERY STORES, RESTAURANTS, CITY HALL AND MORE. WELL KEPT COMPLEX WITH LAUNDRY FACILITIES, COMMUNITY POOL, SAUNA, RECREATION ROOM. SHORT SALE ALREADY IN PROGRESS.

Last Agent to Sell the Property

Lucy Venegas

United Realty Group Inc License #3166413 Listed on: 03/25/2015

United Realty Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $885

Year Built

  • Built in 1974

Lot Details

  • 6

HOA Fees

  • $324 Monthly HOA Fees

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Electric Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484124AB0580

Community Details

Overview

  • Senior Community
  • Association fees include insurance, maintenance structure, parking, pest control, recreation facilities, water
  • Margate Village Subdivision

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$885

Year Built

Built in 1974

Lot Details

0

HOA Fees

$324 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: SR7 OR 441 TO WINFIELD BLVD WEST TO MARGATE GARDENS
  • Year Built: 1974
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: 12

Interior Features

  • Interior Amenities: Bedroom on Main Level, Second Floor Entry
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Wood
  • Stories: 2

Exterior Features

  • View: Other
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: One Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 324.0
  • Senior Community: Yes
  • Amenities: Clubhouse, Pool, Sauna
  • Association #2 Fee: 324.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Parking, Pest Control, Recreation Facilities, Water

Lot Info

  • Parcel #: 484124AB0580

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 885.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Nov 20, 2015
Sold by
Medrano Nerby I and Medacno Isabel
Bought by
Cruz Mario A and Cruz Luis Alfonso
Seller's Agent
Lucy Venegas
United Realty Group Inc
List Price
$39,500
Sold Price
$40,000
Premium/Discount to List
$500
1.27%
Current Estimated Value
$184,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,137
Avg. Annual Appreciation
17.08%

Purchase Details

Closed on
Sep 19, 2005
Sold by
Idzik Edward and Idzik Janina
Bought by
Flamenco Gilberto and Medaeno Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,743
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 5, 2001
Sold by
Bush Hoover Marian
Bought by
Idzik Edward and Idzik Janina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,800
Interest Rate
6.74%

Purchase Details

Closed on
Oct 10, 1996
Sold by
Perry Mary Ellen
Bought by
Bushhoover Marian

Purchase Details

Closed on
Jun 21, 1994
Sold by
Franchini Leo M and Franchini Frank
Bought by
Perry Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
8.53%
Source: Public Records

Range of Values:

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Average Value
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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
Cruz Mario A $40,000 First Intl Title Inc
Flamenco Gilberto $104,000 Key America Title Llc
Idzik Edward $32,000 Benchmark Title Inc
Bushhoover Marian $27,900 --
Perry Mary Ellen $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flamenco Gilberto $98,743
Previous Owner Idzik Edward $20,800
Previous Owner Perry Mary Ellen $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $40,000 +1.3% $40 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $39,500 -- $40 / 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 $1,399 $65,390 -- --
2024 $1,319 $64,760 -- --
2023 $1,319 $56,700 $0 $0
2022 $1,162 $52,870 $0 $0
2021 $976 $49,340 $0 $0
2020 $937 $54,870 $0 $0
2019 $895 $52,680 $0 $0
2018 $798 $46,370 $0 $0
2017 $799 $38,600 $0 $0
2016 $622 $36,400 $0 $0
2015 $954 $27,750 $0 $0
2014 $885 $25,230 $0 $0
2013 -- $28,980 $2,900 $26,080
Source: Public Records

Agents Affiliated with this Home

  • Lucy Venegas

    Seller's Agent in 2015

    Lucy Venegas

    United Realty Group Inc

    (954) 548-7390

    1 in this area

    30 Total Sales

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1334059

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-24-AB-0580

Florida Broward County Margate 33063

North Margate

This home since 25 March 2015 and is currently estimated at $184,137, approximately $184 per square foot. This property was built in 1974. This home is a home located in Broward County with nearby schools including Margate Elementary School, Margate Middle School, and Coral Springs High School.

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