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1008 East River Drive

1008 East River Drive, Pompano Beach, FL 33063
Sold Sep 01, 2023
$440,000
$432,030 by Pennymac Loan Services Llc
Mortgage Due Sep 01, 2053
Sold Aug 28, 2019
$285,000
$279,837 by The Federal Savings Bank
Mortgage Due Sep 01, 2049
Local assessors in Pompano Beach, FL have categorized 1008 East River Drive as a residential type of property. The home was built in 1957 and is 67 years old. It was most recently renovated and altered in 1972. The property's lot size has been calculated to be 7,485 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1008 East River Drive has a total of 1,432 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1008 East River Drive sold most recently in Aug 14, 2023 for a total of $440,000. If you work out the math, that's approximately a cost of $293.72 per sqft. Before that, the property was also sold for $285,000 in Aug 23, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,693 in taxes each year. 1008 East River Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $362,770. If we break it down further, the land itself was valued at $33,680. Improvements to the property, however, were assessed at a total of $329,090. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,485
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,498
  • Gross Building Area: 1,498
  • Building Area: 1,432
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,432
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARGATE 3RD ADD 44-48 B
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARGATE 3RD ADD 44-48 B LOT 17 BLK 5

Ownership

  • Current Owner : JOSEPH GILLIAN
  • Previous Owner : AGUIAR RAUL RIOS
  • Previous Owner 2: ALIETY CAPOTE
  • Owner Before Previous Owner: REO HOLDINGS GROUP INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 020209

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 31
  • District: 1212
  • Parcel: 48-41-25-03-1030
  • Block: 5
  • Lot: 17
  • Meridian: SEC 25 TWN 48S RNG 41E
  • Municipality: MARGATE
  • Latitude: 26.2412
  • Longitude: -80.2088

    Address

  • Full Address: 1008 E River Dr
  • Address - House Number: 1008
  • Street Direction: E
  • Address - Street Name: River
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Margate
  • Carrier Code: C007
  • 4-Digit Zip Code: 3632
  • Zip Code: 33063

Valuation

    Tax

  • Total Area: 1,307
  • Tax Year: 2023
  • Tax Amount: $4,693
  • Tax Rate Code Area: 1212

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 462,605
  • High Value: 551,958
  • Low Value: 373,253

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $432,030
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Sep 01, 2023
  • First Open Lien Mortgage Loan Amount: $432,030
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $362,770
  • Market Land Value: $33,680
  • Market Improvement Value: $329,090

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $362,770
  • Assessed Land Value: $33,680
  • Assessed Improvements Value: $329,090

    Sales

  • Current Sale Contract Date: Aug 14, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Transaction ID: 11911960857
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 119081091
  • Previous Sale Recording Date: Aug 28, 2019
  • Previous Sale Contract Date: Aug 23, 2019
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Sep 01, 2023
  • First Mortgage Loan Amount: $432,030
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: THE FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Aug 28, 2019
  • Previous Mortgage Loan Amount: $279,837
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2049

About Margate Gardens



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Frequently Asked Questions

What neighborhood is 1008 East River Drive located in?
The 1008 East River Drive is a house located in the neighborhood of Margate Gardens in Margate Gardens, Pompano Beach.
What is the average sales price for listings in 1008 East River Drive?
The average sales price for units in 1008 East River Drive is $0 currently.

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