NOT LISTED FOR SALE

2534 NW 62nd Terrace Margate, FL 33063

North Margate Neighborhood

Estimated Value: $332,965 - $364,000

2 Beds
1 Bath
914 Sq Ft
$380/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $290,000 $317 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,469/month

4 Days on Market

Highlights

  • Room in yard for a pool
  • Attached Garage
  • Shed
  • Sun or Florida Room
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Winfield Park

About This Home

As of June 2022

2 Bedroom / 1 Bathroom single family home with large fenced in yard. Nicely updated kitchen, ceramic tile, oversized family room/florida room area, covered patio. Extra storage in backyard. Close to area stores and restaurants. Six miles to ocean beaches!

Last Agent to Sell the Property

Daniel Brooks

Keller Williams Realty Services License #3283415 Listed on: 05/26/2022

Keller Williams Realty Services

Co-Listed By

Jonathan Phillips

Keller Williams Realty Services License #3278130

Last Buyer's Agent

John Maybin

Momentum Real Estate Group License #3486929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,620

Year Built

  • Built in 1960

Lot Details

  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 914 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sun or Florida Room
  • Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Room in yard for a pool
  • Shed

Schools

  • Margate Elementary School
  • Margate Middle School
  • Coral Springs High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • North Margate 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484124021610

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,620

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 441 N To Winfield Blvd. Head west To Nw 62Nd Terrace And Make Right. 2nd House On Right
  • Year Built: 1960
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 914.0
  • Dining Room Type: Florida Room
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Room For Pool, Shed
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Schools

  • Elementary School: Margate
  • High School: Coral Springs
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel #: 484124021610
  • Zoning Description: RES

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4620.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jun 30, 2022
Sold by
Uyi Llc
Bought by
Hernandez Cristabel Salamanca and Dehernandez Manuel De
Seller's Agent
Daniel Brooks
Keller Williams Realty Services
Buyer's Agent
John Maybin
Momentum Real Estate Group
List Price
$275,000
Sold Price
$290,000
Premium/Discount to List
$15,000
5.45%
Current Estimated Value
$346,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,991
Avg. Annual Appreciation
5.84%
Original Mortgage
$284,009
Outstanding Balance
$270,618
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$76,374

Purchase Details

Closed on
Jul 10, 2014
Sold by
Sheikh Wiqar U and Sheikh Asiya
Bought by
Uyi Llc

Purchase Details

Closed on
Mar 26, 2010
Sold by
Daniel Roderick and Jacobs Daniel Theresita
Bought by
Sheikh Wiqar U

Purchase Details

Closed on
Jul 28, 2005
Sold by
Garcia John and Garcia Cynthia
Bought by
Daniel Roderick and Jacobs Daniel Theresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,800
Interest Rate
5.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 30, 2004
Sold by
Garcia John
Bought by
Garcia John and Garcia Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 1999
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Dec 1, 1986
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hernandez Cristabel Salamanca $290,000 New Title Company Name
Uyi Llc -- None Available
Sheikh Wiqar U $57,500 Attorney
Daniel Roderick $198,000 --
Garcia John -- Titleserv Inc
Available Not $67,000 --
Available Not $39,214 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Cristabel Salamanca $284,009
Previous Owner Daniel Roderick $19,800
Previous Owner Daniel Roderick $158,400
Previous Owner Garcia John $98,800
Previous Owner Garcia John $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $290,000 +5.5% $317 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $275,000 0.0% $301 / Sq Ft
12/06/2017 12/06/17 Rented $1,200 0.0% --
12/01/2017 12/01/17 For Rent $1,200 -14.3% --
11/07/2016 11/07/16 Rented $1,400 -5.1% --
10/24/2016 10/24/16 For Rent $1,475 +34.1% --
06/05/2013 06/05/13 Rented $1,100 0.0% --
06/05/2013 06/05/13 For Rent $1,100 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

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 $6,949 $323,960 -- --
2024 $6,197 $323,960 $30,020 $237,720
2023 $6,197 $267,740 $30,020 $237,720
2022 $5,047 $205,700 $0 $0
2021 $4,620 $187,000 $0 $0
2020 $4,182 $195,870 $30,020 $165,850
2019 $4,001 $199,050 $30,020 $169,030
2018 $3,468 $173,760 $30,020 $143,740
2017 $3,103 $127,730 $0 $0
2016 $2,812 $116,120 $0 $0
2015 $2,613 $105,570 $0 $0
2014 $1,858 $62,670 $0 $0
2013 -- $70,990 $24,020 $46,970
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daniel Brooks

    Keller Williams Realty Services

    (561) 571-8734

    2 in this area

    113 Total Sales

    Daniel Brooks
    Section Image
  • Jonathan Phillips

    Seller Co-Listing Agent in 2022

    Jonathan Phillips

    Keller Williams Realty Services

    (561) 320-3869

    2 in this area

    276 Total Sales

    Jonathan Phillips
    Section Image

  • J

    Buyer's Agent in 2022

    John Maybin

    Momentum Real Estate Group

    (786) 285-9987

    1 in this area

    26 Total Sales

    John Maybin
    Section Image

  • H

    Seller's Agent in 2017

    Hector Rodriguez

    MMLS Assoc.-Inactive Member

  • T

    Seller Co-Listing Agent in 2017

    Tina Rodriguez

    MMLS Assoc.-Inactive Member

  • C

    Buyer's Agent in 2013

    Cesar Suarez

    Rent 1 & Sale 1 Realty - CS I

See All Agents

Map

Source: BeachesMLS

MLS Number: R10803336

BeachesMLS

APN: 48-41-24-02-1610

Florida Broward County Margate 33063 North Margate

2534 NW 62nd Terrace, Margate, FL

This home is located at 2534 NW 62nd Terrace, Margate, FL 33063 since 26 May 2022 and is currently estimated at $346,991, approximately $379 per square foot. This property was built in 1960. 2534 NW 62nd Terrace is a home located in Broward County with nearby schools including Margate Elementary School, Margate Middle School, and Coral Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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