1925 NW 62nd Terrace Margate, FL 33063
North Margate Neighborhood
3
Beds
2
Baths
1,776
Sq Ft
7,500
Sq Ft Lot
Highlights
- Waterfront
- Sun or Florida Room
- French Doors
- Canal Access
- Separate Shower in Primary Bathroom
- Terrazzo Flooring
About This Home
As of July 2021Come see this single family home in the heart of Margate, Close to shopping, restaurants, and major highways. This home needs some TLC but will make a great home with a big yard and NO homeowner association. The kitchen was nicely updated with granite and lots of cabinets and under cabinet lighting. This home also offers a beautiful covered sunroom overlooking the backyard and once the yard is given some attention there would be a beautiful lakeview.
Last Agent to Sell the Property
Mears Realty Group, LLC License #3138750 Listed on: 05/09/2021
Co-Listed By
Lourdes Waite
Mears Realty Group, LLC License #3449682
Last Buyer's Agent
Skaidrite Wallace
Coldwell Banker Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,616
Year Built
- Built in 1961
Lot Details
- 7,500 Sq Ft Lot
- Waterfront
Parking
- 1 Car Garage
Interior Spaces
- 1,776 Sq Ft Home
- 1-Story Property
- French Doors
- Family Room
- Sun or Florida Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Terrazzo
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Laundry in Garage
- Dryer
- Washer
Outdoor Features
- Canal Access
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Ibec Add 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 484125091060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2021
Closed on
Jul 22, 2021
Sold by
Hostetter Christy Lynn and Allen Wendy Leigh
Bought by
Schad South Llc
Seller's Agent
Stuart Mears
Mears Realty Group, LLC
Buyer's Agent
Skaidrite Wallace
Coldwell Banker Realty
List Price
$349,900
Sold Price
$300,000
Premium/Discount to List
-$49,900
-14.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Purchase Details
Closed on
Jul 21, 2017
Sold by
Smith Peggy L
Bought by
Smith Peggy L and Ball Darold Stuart
Purchase Details
Closed on
Jul 1, 2017
Bought by
Le Peggy L
Similar Homes in Margate, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Seabreeze Title Llc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $100 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $649,900 | +116.6% | $366 / Sq Ft |
| 07/22/2021 07/22/21 | Sold | $300,000 | -14.3% | $169 / Sq Ft |
| 06/22/2021 06/22/21 | Pending | -- | -- | -- |
| 05/09/2021 05/09/21 | For Sale | $349,900 | -- | $197 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $8,441 | $398,580 | $41,250 | $357,330 |
| 2024 | $7,827 | $398,580 | $41,250 | $357,330 |
| 2023 | $7,827 | $331,260 | $0 | $0 |
| 2022 | $6,857 | $301,150 | $41,250 | $259,900 |
| 2021 | $6,389 | $278,270 | $41,250 | $237,020 |
| 2020 | $1,616 | $102,800 | $0 | $0 |
| 2019 | $1,580 | $100,490 | $0 | $0 |
| 2018 | $1,483 | $98,620 | $0 | $0 |
| 2017 | $1,458 | $96,600 | $0 | $0 |
| 2016 | $1,372 | $94,620 | $0 | $0 |
| 2015 | $1,402 | $93,970 | $0 | $0 |
| 2014 | $1,404 | $93,230 | $0 | $0 |
| 2013 | -- | $109,120 | $39,380 | $69,740 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Grossman
Seller's Agent in 2025
Michael Grossman
LoKation
(954) 249-2612
41 Total Sales
-
Sofia Carlsson
S
Seller Co-Listing Agent in 2025
Sofia Carlsson
LoKation
(954) 773-5590
42 Total Sales
-
Stuart Mears
Seller's Agent in 2021
Stuart Mears
Mears Realty Group, LLC
(561) 386-3022
1 in this area
73 Total Sales
-
L
Seller Co-Listing Agent in 2021
Lourdes Waite
Mears Realty Group, LLC
-
S
Buyer's Agent in 2021
Skaidrite Wallace
Coldwell Banker Realty
-
Skai Wallace
Buyer's Agent in 2021
Skai Wallace
Douglas Elliman
(954) 336-9395
1 in this area
50 Total Sales
Map
Source: BeachesMLS
MLS Number: R10714720
APN: 48-41-25-09-1060
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