by RH Advisors

See Home Value
$525,000
House - Off Market

1621 E River Dr

Margate, FL 33063
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1994 Sqft
$2,831
Estimated Monthly
$0
HOA / Fees
5.94%
Cap Rate

About This Property

Beautiful 3/2 with a huge family room and a sscreened in patio and two car garage. tiled throughout, freshly painted inside and outside, new stainless steel appliances. newer bathrooms,  on a canal. bring your fussiest buyers
Unit Size
1,994Ft²
Days on Market
74 days
Land Size
-
Price per sqft
$276
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1968
Last updated: 3 months ago (Beaches MLS #F10411397)

Price History

Date / Event Date Event Price
Feb 9, 2024 Sold $525,000
Sold
Feb 4, 2024 In contract -
In contract
Dec 9, 2023 Price Decreased $549,900
↓ $35K (6%)
Price Decreased
Nov 27, 2023 Listed by Charles Rutenberg Realty Fort Lauderdale $585,000
Listed by Charles Rutenberg Realty Fort Lauderdale
Beautiful 3/2 with a huge family room and a sscreened in patio and two car garage. tiled throughout, freshly painted inside and outside, new stainless steel appliances. newer bathrooms, on a canal. bring your fussiest buyers The manager has listed the unit size as 1994 square feet.
Sep 21, 2023 Sold $300,000
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1973
  • 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: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,999
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,454
  • Gross Building Area: 2,454
  • Building Area: 1,994
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,994
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARGATE 3RD ADD 44-48 B
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARGATE 3RD ADD 44-48 B LOT 26 BLK 16

Ownership

  • Current Owner : CONSTANTIN MAURICE C
  • Previous Owner : LC HOME REMODELING & INVESTMENTS LLC
  • Owner Before Previous Owner: NEU CATHERINE
  • Owner Before Previous Owner 2: KNIEPER WILLIAM E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 31
  • District: 1212
  • Parcel: 48-41-25-03-1600
  • Block: 16
  • Lot: 26
  • Meridian: SEC 25 TWN 48S RNG 41E
  • Municipality: MARGATE
  • Latitude: 26.2488
  • Longitude: -80.2038

    Address

  • Full Address: 1621 E River Dr
  • Address - House Number: 1621
  • Street Direction: E
  • Address - Street Name: River
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Margate
  • Carrier Code: C041
  • 4-Digit Zip Code: 2825
  • Zip Code: 33063

Valuation

    Tax

  • Total Area: 2,080
  • Tax Year: 2023
  • Tax Amount: $1,863
  • Tax Rate Code Area: 1212

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 609,295
  • High Value: 720,284
  • Low Value: 498,307

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $515,490
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 12, 2024
  • First Open Lien Mortgage Loan Amount: $515,490
  • 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: Mar 01, 2054

    Market Valuation

  • Market Total Value: $487,660
  • Market Land Value: $43,990
  • Market Improvement Value: $443,670

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $487,660
  • Assessed Land Value: $43,990
  • Assessed Improvements Value: $443,670

    Sales

  • Current Sale Contract Date: Feb 05, 2024
  • Current Sale Recording Date: Feb 12, 2024
  • Current Sale Transaction ID: 11920833711
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 119386468
  • Previous Sale Recording Date: Sep 21, 2023
  • Previous Sale Contract Date: Sep 19, 2023
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 12, 2024
  • First Mortgage Loan Amount: $515,490
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: DABAS DEV
  • Previous Mortgage Transaction Date: Sep 21, 2023
  • Previous Mortgage Loan Amount: $345,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Sep 19, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,956 ft²
$238/ft²
$465,000 Sep 18, 2023
$465,000 Nov 30, 2023
$197/mo
House
3 Beds
2 Baths
1,436 ft²
$334/ft²
$480,000 Jul 17, 2023
$480,000 Nov 9, 2023
$134/mo
House
3 Beds
2 Baths
1,490 ft²
$362/ft²
$540,000 Sep 13, 2023
$540,000 Oct 20, 2023
$438/mo
House
3 Beds
3 Baths
1,590 ft²
$289/ft²
$460,000 Nov 21, 2023
$460,000 Dec 22, 2023
$166/mo
House
3 Beds
2 Baths
1,510 ft²
$311/ft²
$470,000 Aug 4, 2023
$470,000 Oct 10, 2023
$426/mo
House
3 Beds
2 Baths
1,473 ft²
$323/ft²
$476,000 Dec 20, 2023
$476,000 Feb 16, 2024
$491/mo
House
3 Beds
2 Baths
1,483 ft²
$336/ft²
$498,000 Sep 22, 2023
-
$442/mo
House
3 Beds
2 Baths
1,764 ft²
$292/ft²
$515,000 Jan 30, 2024
-
$479/mo
House
3 Beds
2 Baths
1,467 ft²
$322/ft²
$472,900 Oct 13, 2023
-
$513/mo
House
3 Beds
2 Baths
1,394 ft²
$359/ft²
$499,900 Jul 31, 2023
-
$698/mo
House
3 Beds
3 Baths
2,732 ft²
$220/ft²
$599,900 Jan 5, 2024
-
$117/mo
House
3 Beds
2 Baths
1,069 ft²
$481/ft²
$514,000 Feb 20, 2024
-
$302/mo

About Margate Gardens


Similar Homes for Sale

Open House: 11AM - 2PM, Sun Feb 25
Unit for sale at 2679 Northwest 57th Terrace, Margate, FL 33063

$514,000

  • 3 Beds
  • 2 Baths
  • 1,069 ft²
2679 Northwest 57th Terrace, Margate, FL 33063 Listing by Sabrina Perez
Unit for sale at 1309 East River Drive, Margate, FL 33063

$472,900

  • 3 Beds
  • 2 Baths
  • 1,467 ft²
1309 East River Drive, Margate, FL 33063 Listing by Pablo Tanchez
Unit for sale at 6520 Northwest 9th Street, Margate, FL 33063

$515,000

  • 3 Beds
  • 2 Baths
  • 1,764 ft²
6520 Northwest 9th Street, Margate, FL 33063 Listing by Devuyo Frantz Marcelin

Nearby Rentals

Unit for rent at 6220 Seminole Terrace, Margate, FL, 33063

$3,200 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,782 ft²
6220 Seminole Terrace, Margate, FL, 33063 Listing by Sandra Panico
Unit for rent at 3905 Sleepy Orange Ln, Coconut Creek, FL, 33073

$2,990 /mo

  • 4 Beds
  • 3.5 Baths
  • 1,900 ft²
3905 Sleepy Orange Ln, Coconut Creek, FL, 33073 Listing by Amanda Tsang
Unit for rent at 575 Oaks Lane, Pompano Beach, FL, 33069

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,390 ft²
575 Oaks Lane #1010, Pompano Beach, FL, 33069 Listing by Adam Simha


Frequently Asked Questions

When was property at 1621 East River Drive built and last sold?
The property at 1621 East River Drive was built in 1968 and last sold on Feb 5, 2024 for $525,000.
How much is this home worth?
The estimated value of the home located at 1621 East River Drive is $556,662.
What are some comparable homes to 1621 East River Drive?
Homes that are comparable to 1621 East River Drive include a house property at 6116 Northwest 19th Court, 6520 Northwest 9th Street, 1309 East River Drive.

Quantcast