NOT LISTED FOR SALE

Margate, FL 33063

North Margate Neighborhood

Estimated Value: $424,444 - $453,000

3 Beds
2 Baths
1,177 Sq Ft
$377/Sq Ft Est. Value

Last Sold February 12, 2019

Last sale price $185,000 $157 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,876/month

25 Days on Market

Highlights

  • Newly Remodeled
  • Patio
  • Ceramic Tile Flooring
  • Garden View
  • Laundry Room
  • 1 Attached Carport Space

About This Home

As of February 2019

Great home for a buyer or investor who is handy! This home is packed with lots of potential, just needs the right buyer to bring it to life! 3 bedrooms and 2 bathrooms make it the perfect starter home, complete with nice sized fenced yard. Close to shopping, parks, lakes, and centrally located to major roadways. NO HOA. All Buyers MUST complete their inspections UPFRONT prior to submitting an offer ! NO exceptions!

Last Agent to Sell the Property

Steven Modica

Real Estate Home Sales Inc License #431169 Listed on: 12/18/2018

Last Buyer's Agent

Robert capelan

Stimulus Property Invstmnt Inc License #3273350

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,198

Year Built

  • Built in 1978 | Newly Remodeled

Lot Details

  • 6,000 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned R-3

Parking

  • 1 Car Garage
  • 1 Attached Carport Space
  • Driveway

Home Design

  • Fixer Upper
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,177 Sq Ft Home
  • 1-Story Property
  • Utility Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Schools

  • Margate Elementary School
  • Margate Middle School
  • Coral Springs High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Community Details

  • North Margate 1St Add 50 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484124023200

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,198

Year Built

Built in 1978 | 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: 1978
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry, Other, Stacked Bedrooms
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Electric Range, Electric Water Heater, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1177.0
  • Dining Room Type: Laundry, Other, Utility Room

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Property Condition: New Construction, Fixer
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached Carport, Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Margate Elem
  • High School: Coral Springs
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel #: 484124023200
  • Lot Size Sq Ft: 6000.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3198.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2019
Sold by
Realty Wholesalers Inc
Bought by
Rafi Aslim A and Rafi Rambha K
Current Estimated Value
$443,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$182,883
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$260,978

Purchase Details

Listed on
Dec 18, 2018
Closed on
Feb 6, 2019
Sold by
Nationwide Assets Llc
Bought by
Realty Wholesalers Inc
Seller's Agent
Steven Modica
Real Estate Home Sales Inc
Buyer's Agent
Robert capelan
Stimulus Property Invstmnt Inc
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Original Mortgage
$550,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 12, 2011
Sold by
Reyes Maria and Alejandre Virgilio
Bought by
Nationwide Assets Llc

Purchase Details

Closed on
Sep 1, 2011
Sold by
Reyes Maria and Alejandre Virgilio
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 20, 2006
Sold by
Dorv Investments Inc
Bought by
Delva Pierre R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 9, 2004
Sold by
Alejandre Virgilio and Reyes Maria
Bought by
Alejandre Virgilio and Reyes Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2002
Sold by
Tulloch Collet and Nagy Charles
Bought by
Alejandre Virgilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Interest Rate
9.37%

Purchase Details

Closed on
Jan 31, 2000
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Jul 24, 1995
Sold by
Chez Raymond and Chez Nancy L
Bought by
Frost Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,640
Interest Rate
7.46%
Mortgage Type
VA

Purchase Details

Closed on
Apr 1, 1990
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
Rafi Aslim A $260,000 Attorney
Realty Wholesalers Inc $185,000 Attorney
Nationwide Assets Llc $54,200 None Available
Wells Fargo Bank Na $54,200 None Available
Delva Pierre R $280,000 Southern Financial Title Ser
Alejandre Virgilio -- Capital Abstract & Title
Alejandre Virgilio $127,000 Florida Intl Title & Escrow
Available Not $96,500 --
Frost Ronald D $82,000 --
Available Not $58,143 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rafi Aslim A $208,000
Previous Owner Realty Wholesalers Inc $550,000
Previous Owner Delva Pierre R $56,000
Previous Owner Alejandre Virgilio $111,000
Previous Owner Alejandre Virgilio $95,250
Previous Owner Frost Ronald D $83,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2019 02/12/19 Sold $185,000 -7.5% $157 / Sq Ft
01/13/2019 01/13/19 Pending -- -- --
12/18/2018 12/18/18 For Sale $199,900 -- $170 / 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 $6,579 $336,570 -- --
2024 $6,076 $334,760 -- --
2023 $6,076 $285,700 $0 $0
2022 $5,425 $263,480 $0 $0
2021 $5,006 $243,170 $0 $0
2020 $4,582 $225,480 $30,000 $195,480
2019 $4,175 $237,750 $30,000 $207,750
2018 $3,602 $206,500 $30,000 $176,500
2017 $3,198 $123,050 $0 $0
2016 $2,904 $111,870 $0 $0
2015 $2,695 $101,700 $0 $0
2014 $2,443 $92,460 $0 $0
2013 -- $84,260 $24,000 $60,260
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Steven Modica

    Real Estate Home Sales Inc

    (954) 270-7770

    237 Total Sales

    Steven Modica
    Section Image

  • R

    Buyer's Agent in 2019

    Robert capelan

    Stimulus Property Invstmnt Inc

    (954) 295-2698

    2 Total Sales

    Robert capelan
    Section Image
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10154531

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-24-02-3200

Florida Broward County Margate 33063

North Margate

This home since 18 December 2018 and is currently estimated at $443,861, approximately $377 per square foot. This property was built in 1978. This home is a home located in Broward County with nearby schools including Margate Elementary School, Margate Middle School, and Coral Springs 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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