See Home Value
$468,718*
House - Off Market

120 E Palm Dr

Margate, FL 33063
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2313 Sqft
$423,000 - $517,000
Reference Base Price*
-0.27%
Since Aug 1, 2023
National-US
Primary Model
Sold Jul 26, 2023
$490,000
$481,124 by United Wholesale Mortgage Llc
Mortgage Due Aug 01, 2053
Sold Oct 21, 2005
$335,000
$260,000 by Usaa Fsb
Mortgage Due Nov 01, 2035

About This Property

HIGHEST & BEST DUE END DAY 5/20. Seller to install New main & flat roof, Electric Panel & Cast Iron lining to be done before closing. 60 days closing needed. Welcome home to this spacious ranch style home in the Hammon Heights community of Margate with NO HOA. This waterfront pool home offers 3 spacious bedrooms and 2 bathrooms in over 2300sqft under air. Featuring accordion Hurricane shutters, update electrical panel, tile and laminate flooring, generously-sized florida room, paved backyard with ample green space, above-ground pool and deck, 2 car garage and more! This home is move-in-ready or priced for a beautiful renovation and a buyer that would love to make it their very own! Centrally located close to medical centers, hospitals, shopping and highways. Don't miss out!

The manager has listed the unit size as 2313 square feet.
Unit Size
2,313Ft²
Days on Market
-
Land Size
-
Price per sqft
$203
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1967

Price History

Date / Event Date Event Price
Jul 26, 2023 No longer available -
No longer available
Jul 26, 2023 Sold to Michel D Sajous $490,000
Sold to Michel D Sajous
Jul 1, 2023 In contract -
In contract
Apr 30, 2023 Listed $470,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1968
  • 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: Built-in
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,457
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 2,915
  • Gross Building Area: 2,915
  • Building Area: 2,313
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,313
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAMMON HEIGHTS SEC 3 39-50 B
  • Land Acres: 0.286
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HAMMON HEIGHTS SEC 3 39-50 B LOT 25 N1/2,26 S1/2 BLK 3

Ownership

  • Current Owner : SAJOUS MICHEL D
  • Previous Owner : ALBERTI THOMAS S
  • Previous Owner 2: ALBERTI VICTORIA C
  • Owner Before Previous Owner: WEEMS MARVIN
  • Owner Before Previous Owner 2: WEEMS BETTYE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 020103

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 42
  • District: 1212
  • Parcel: 48-41-36-04-0550
  • Block: 3
  • Lot: 25
  • Meridian: SEC 36 TWN 48S RNG 41E
  • Municipality: MARGATE
  • Latitude: 26.2334
  • Longitude: -80.2017

    Address

  • Full Address: 120 E Palm Dr
  • Address - House Number: 120
  • Street Direction: E
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Margate
  • Carrier Code: C040
  • 4-Digit Zip Code: 4549
  • Zip Code: 33063

Valuation

    Tax

  • Total Area: 2,436
  • Tax Year: 2023
  • Tax Amount: $2,037
  • Tax Rate Code Area: 1212

    Appraisal Valuation

  • Standard Deviation: 0.163
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 79
  • Final Value: 484,810
  • High Value: 563,864
  • Low Value: 405,755

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $481,124
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 26, 2023
  • First Open Lien Mortgage Loan Amount: $481,124
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $339,850
  • Market Land Value: $62,290
  • Market Improvement Value: $277,560

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $339,850
  • Assessed Land Value: $62,290
  • Assessed Improvements Value: $277,560

    Sales

  • Current Sale Contract Date: Jul 10, 2023
  • Current Sale Recording Date: Jul 26, 2023
  • Current Sale Transaction ID: 11910044938
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 119002503
  • Previous Sale Recording Date: Oct 21, 2005
  • Previous Sale Contract Date: Oct 14, 2005
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 26, 2023
  • First Mortgage Loan Amount: $481,124
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Oct 21, 2005
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Nov 01, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,588 ft²
$315/ft²
$500,000 Jun 21, 2023
-
$716/mo
In Contract
House
3 Beds
2 Baths
1,335 ft²
$348/ft²
$465,000 May 2, 2023
-
$145/mo
House
3 Beds
2 Baths
1,424 ft²
$379/ft²
$539,000 Jul 5, 2023
-
$296/mo
House
3 Beds
2 Baths
1,402 ft²
$285/ft²
$399,900 Mar 3, 2023
-
$507/mo
House
3 Beds
2 Baths
984 ft²
$426/ft²
$419,000 Jul 1, 2023
-
$465/mo
House
4 Beds
2 Baths
2,081 ft²
$260/ft²
$542,000 May 17, 2023
-
$601/mo
House
3 Beds
2 Baths
1,044 ft²
$383/ft²
$400,000 Jan 13, 2023
-
$370/mo
House
4 Beds
2 Baths
2,052 ft²
$244/ft²
$499,900 May 15, 2023
-
$606/mo
House
4 Beds
2 Baths
1,835 ft²
$300/ft²
$550,000 Apr 1, 2023
-
$173/mo
Townhouse
4 Beds
3 Baths
2,024 ft²
$227/ft²
$459,000 Jun 30, 2023
-
$827/mo
House
6 Beds
3 Baths
2,914 ft²
$171/ft²
$499,500 Jan 27, 2019
-
-
Townhouse
5 Beds
3 Baths
2,024 ft²
$237/ft²
$479,500 Jun 28, 2023
-
$625/mo

About Hammon Heights


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Frequently Asked Questions

When was property at 120 East Palm Drive built and last sold?
The property at 120 East Palm Drive was built in 1967 and last sold on Jul 10, 2023 for $490,000.
How much is this home worth?
The estimated value of the home located at 120 East Palm Drive is $474,700.
What are some comparable homes to 120 East Palm Drive?
Homes that are comparable to 120 East Palm Drive include a house property at 974 West River Drive, 6367 Southwest 2nd Street, 630 Southwest 55th Avenue.

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