NOT LISTED FOR SALE

Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $387,404 - $440,000

4 Beds
2 Baths
1,389 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 25, 2012

Last sale price $130,000 $94 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $2,438/month

166 Days on Market

Highlights

  • Garden View
  • Tile Flooring
  • Central Heating and Cooling System
  • No HOA
  • 1-Story Property
  • 4-minute walk to Vinson Park

About This Home

As of June 2012

Not a Short Sale or a Foreclosure! Motivated Seller, priced right corner lot and fully renovated home in Margate. Buyers will enjoy everything that Margate has to offer in this home featuring all new wood cabinets, granite counter-tops, new appliances, fr esh new interior/exterior paint, with lots of closets and is a true 4-bedroom!. Show with confidence this is a wonderful home in a marvelous location. Quick closing Bring me an offer!

Last Agent to Sell the Property

Ricardo Tobchi

MMLS Assoc.-Inactive Member License #3237936 Listed on: 10/26/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,792

Year Built

  • Built in 1962

Lot Details

  • 7,855 Sq Ft Lot
  • South Facing Home

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,389 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Tile Flooring
  • Garden Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Driveway
  • Open Parking

Schools

  • Atlantic West Elementary School
  • Margate Middle School
  • Coconut Crk High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Margate Sixth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484136120390

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,792

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
  • Directions: W ATLANTIC BLVD. TO NW 66TH AVE, GO NORTH TO NW 8CT MAKE A LEFT, THEN LEFT ON NW 67TH AVE, THEN RIGHT ON TO NW 8TH ST. CORNER HOME.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: MARGATE SIXTH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1389
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MARGATE SIXTH
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • 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: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Atlantic West
  • High School: Coconut Crk High
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel Number: 484136120390
  • Lot Size Sq Ft: 7855
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1792

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2011
Closed on
Jun 25, 2012
Sold by
Lbd Partners V Llc
Bought by
Lopez Joann
Seller's Agent
Ricardo Tobchi
MMLS Assoc.-Inactive Member
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$421,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,351
Avg. Annual Appreciation
9.22%
Original Mortgage
$7,500
Outstanding Balance
$5,206
Interest Rate
3.79%
Mortgage Type
Negative Amortization
Estimated Equity
$416,145

Purchase Details

Closed on
Feb 10, 2011
Sold by
Wells Fargo Bank Na
Bought by
Lbd Partners V Llc

Purchase Details

Closed on
Oct 19, 2010
Sold by
Sainvil Laura and Sainvil Guerda Michel
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 30, 2007
Sold by
Sainvil Fofide and Sainvil Guerda Michel
Bought by
Sainvil Laura and Sainvil Guerda Michel

Purchase Details

Closed on
Apr 21, 1998
Sold by
Padgett James O
Bought by
Sainvil Fofide and Sainvil Guerda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,912
Interest Rate
7.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Lopez Joann $130,000 Surealty Title Inc
Lbd Partners V Llc $90,000 Coastal Title Inc
Wells Fargo Bank Na $75,400 None Available
Sainvil Laura -- Chicago Title
Sainvil Fofide $86,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Joann $7,500
Open Lopez Joann $127,645
Previous Owner Sainvil Fofide $18,700
Previous Owner Sainvil Fofide $86,912
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2012 06/25/12 Sold $130,000 0.0% $94 / Sq Ft
04/10/2012 04/10/12 Pending -- -- --
10/26/2011 10/26/11 For Sale $130,000 -- $94 / 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 $2,529 $149,290 -- --
2024 $2,467 $145,090 -- --
2023 $2,467 $140,870 $0 $0
2022 $2,343 $136,770 $0 $0
2021 $2,273 $132,790 $0 $0
2020 $2,231 $130,960 $0 $0
2019 $2,185 $128,020 $0 $0
2018 $2,051 $125,640 $0 $0
2017 $2,023 $123,060 $0 $0
2016 $1,937 $120,530 $0 $0
2015 $1,984 $119,700 $0 $0
2014 $1,990 $118,750 $0 $0
2013 -- $117,000 $23,570 $93,430
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ricardo Tobchi

    MMLS Assoc.-Inactive Member

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Source: MIAMI REALTORS® MLS

MLS Number: A1566651

MIAMI REALTORS® MLS

APN: 48-41-36-12-0390

Florida Broward County Margate 33063

Margate Gardens

This home since 26 October 2011 and is currently estimated at $421,351, approximately $303 per square foot. This property was built in 1962. This home is a home located in Broward County with nearby schools including Atlantic West 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.

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.

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