by RH Advisors

See Home Value
$439,900
House - Off Market

1116 E River Dr

Margate, FL 33063
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1324 Sqft
$2,402
Estimated Monthly
10.66%
Cap Rate

About This Property

Come and Enjoy this beautiful house 4 beds/2baths with a lot of upgrades. Kitchen completed renovated, Upgraded Master bathroom, Impact hurricane Windows and Main door & nice landscaping. A lot of natural light. The property has spacious back yard for a family enjoyment where you can fit easily your RV. You won't be disappointed when you see it. You will get a restful nights sleep in this nice primary bedroom where the owner has converted in a paradise with a separate and private back yard with a jacuzzi. Centrally located in Margate within walking distance to the Stranahan River & Kay Stevens Park. It is also a short drive to the Oriole Golf Club, which has 9  & 18 holes, as well as a golf shop, restaurant and lounge! Close to shopping, restaurants & medical facilities. Don't look more.
Unit Size
1,324Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$332
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1957
Last updated: 2 months ago (Miami MLS #A11553571)

Price History

Date / Event Date Event Price
Apr 23, 2024 No longer available -
No longer available
Mar 20, 2024 Listed by United Realty Group Inc $439,900
Listed by United Realty Group Inc
Mar 27, 2014 Sold to Joana Latorre, Nieves Narci... $155,000
Sold to Joana Latorre, Nieves Narci...
Apr 1, 2011 Sold to Maria T Castranovo $138,500
Sold to Maria T Castranovo

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 4
  • 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: Built-in
  • Garage Type: Carport
  • Garage Square Area: 308
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,804
  • Gross Building Area: 1,804
  • Building Area: 1,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,324
  • 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 11 BLK 5

Ownership

  • Current Owner : PEREZ NIEVES NARCISO
  • Current Owner 2: LATORRE JOANA
  • Previous Owner : CASTRANOVO MARIA T
  • Owner Before Previous Owner: HOTH JOE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 31
  • District: 1212
  • Parcel: 48-41-25-03-0970
  • Block: 5
  • Lot: 11
  • Meridian: SEC 25 TWN 48S RNG 41E
  • Municipality: MARGATE
  • Latitude: 26.2424
  • Longitude: -80.2081

    Address

  • Full Address: 1116 E River Dr
  • Address - House Number: 1116
  • Street Direction: E
  • Address - Street Name: River
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Margate
  • Carrier Code: C007
  • 4-Digit Zip Code: 3634
  • Zip Code: 33063

Valuation

    Tax

  • Total Area: 1,421
  • Tax Year: 2023
  • Tax Amount: $2,902
  • Tax Rate Code Area: 1212

    Appraisal Valuation

  • Standard Deviation: 0.2442
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 422,045
  • High Value: 525,143
  • Low Value: 318,947

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $158,950
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Loan Amount: $158,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $374,800
  • Market Land Value: $33,750
  • Market Improvement Value: $341,050

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $165,450

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 24, 2014
  • Current Sale Recording Date: Mar 27, 2014
  • Current Sale Transaction ID: 1125221923
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 112185612
  • Previous Sale Recording Date: Apr 01, 2011
  • Previous Sale Contract Date: Mar 16, 2011
  • Previous Sale Amount: $138,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Mar 27, 2014
  • First Mortgage Loan Amount: $152,192
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: CBC NATIONAL BANK
  • Previous Mortgage Transaction Date: Apr 01, 2011
  • Previous Mortgage Loan Amount: $134,988
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2041



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,324 ft²
$317/ft²
$420,000 Nov 14, 2023
$420,000 Dec 28, 2023
$294/mo
House
4 Beds
2 Baths
1,366 ft²
$343/ft²
$469,000 Dec 16, 2023
$469,000 Jan 29, 2024
$116/mo
House
4 Beds
2 Baths
1,596 ft²
$316/ft²
$505,000 Sep 29, 2023
$505,000 Dec 19, 2023
$630/mo
House
4 Beds
3 Baths
2,024 ft²
$230/ft²
$465,000 Oct 25, 2023
$465,000 Nov 30, 2023
$229/mo
House
4 Beds
2 Baths
1,833 ft²
$210/ft²
$385,000 Nov 10, 2023
$385,000 Jan 12, 2024
$464/mo
House
3 Beds
2 Baths
1,473 ft²
$323/ft²
$476,000 Dec 20, 2023
$476,000 Feb 16, 2024
$491/mo
House
4 Beds
3 Baths
1,097 ft²
$433/ft²
$475,000 Jan 25, 2024
-
$125/mo
House
4 Beds
2 Baths
1,367 ft²
$365/ft²
$499,500 Jan 31, 2024
-
$139/mo
House
4 Beds
2 Baths
1,464 ft²
$307/ft²
$449,900 Jan 1, 2024
-
$562/mo
House
3 Beds
2 Baths
1,467 ft²
$311/ft²
$456,900 Oct 13, 2023
-
$513/mo
House
3 Beds
2 Baths
1,067 ft²
$422/ft²
$449,900 Mar 9, 2024
-
$626/mo
House
3 Beds
2 Baths
1,421 ft²
$348/ft²
$494,900 Dec 28, 2023
-
$178/mo

About Margate Gardens


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Frequently Asked Questions

When was property at 1116 East River Drive built and last sold?
The property at 1116 East River Drive was built in 1957 and last sold on Mar 24, 2014 for $155,000.
How much is this home worth?
The estimated value of the home located at 1116 East River Drive is $443,431.
What are some comparable homes to 1116 East River Drive?
Homes that are comparable to 1116 East River Drive include a house property at 1617 Northwest 58th Avenue, 6570 Northwest 6th Court, 6721 Northwest 7th Court.

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