NOT LISTED FOR SALE

511 SW 62nd Terrace Margate, FL 33068

Fair Gate Neighborhood

Estimated Value: $524,000 - $599,000

4 Beds
2 Baths
2,081 Sq Ft
$270/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $542,000 $260 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,980/month

Highlights

  • In Ground Pool
  • Pool View
  • Tile Flooring
  • Sun or Florida Room
  • No HOA
  • 1-Story Property

About This Home

As of August 2023

House is in perfect condition with a specious kitchen ready to move in.

Last Agent to Sell the Property

Hancy Senatus

MMLS Assoc.-Inactive Member License #0693719 Listed on: 04/02/2023

Last Buyer's Agent

HANCY SENATUS

United Realty Group Inc License #0693719

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,212

Year Built

  • Built in 1973

Lot Details

  • 8,840 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned R-1B

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,081 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Sun or Florida Room
  • Tile Flooring
  • Pool Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Kimberly Forest Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494101161610

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,212

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: KIMBERLY FOREST SEC 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Family Room, Florida Room, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2081
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Living Room Features: Family Room, Florida Room, Other

Exterior Features

  • Roof: Shingle
  • View: Pool
  • Exterior Features: Built-In Grill, Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: KIMBERLY FOREST SEC 2
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road, Public Road, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494101161610
  • Lot Size Sq Ft: 8840
  • Zoning: R-1B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7212

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
Aug 8, 2023
Sold by
Aurelis Jean-Pierre Jmaya Odilia and Jean-Pierre Roody M
Bought by
Philemon Phito and Prophete Chantale
Seller's Agent
Hancy Senatus
MMLS Assoc.-Inactive Member
Buyer's Agent
Hancy Senatus
MMLS Assoc.-Inactive Member
List Price
$542,000
Sold Price
$542,000
Views
10
Current Estimated Value
$560,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,886
Avg. Annual Appreciation
1.31%
Original Mortgage
$532,183
Outstanding Balance
$522,621
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$33,951

Purchase Details

Listed on
May 14, 2019
Closed on
Aug 30, 2019
Sold by
Silva Carmen and De Assis Francis Wagner Silvio
Bought by
Mathieu Jean Pierre Roody and Mathieu Jean Pierre
Seller's Agent
Esmeralda Rano
MMLS Assoc.-Inactive Member
Buyer's Agent
Hancy Senatus
United Realty Group Inc
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.77%
Original Mortgage
$343,660
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2004
Sold by
Geisweller Andrew W and Geisweller Rosana
Bought by
Silva Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2003
Sold by
Sousa Geraldo and Sousa Aurea
Bought by
Geisweller Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1994
Sold by
Mignone Michele and Mignone Mirta
Bought by
Sousa Geraldo and Sousa Aurea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,270
Interest Rate
6.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Philemon Phito $542,000 Southeast Title Agency
Mathieu Jean Pierre Roody $350,000 Americas Title Corporation
Silva Carmen $200,000 Advantage Title & Escrow Inc
Geisweller Andrew $216,000 First American Title Ins Co
Sousa Geraldo $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philemon Phito $532,183
Previous Owner Jean-Pierre Roody Mathieu $80,473
Previous Owner Mathieu Jean Pierre Roody $343,660
Previous Owner Silva Carmen $180,000
Previous Owner Geisweller Andrew $158,400
Previous Owner Sousa Geraldo $100,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $542,000 0.0% $260 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $542,000 +54.9% $260 / Sq Ft
09/03/2019 09/03/19 Sold $350,000 -2.5% $168 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $359,000 0.0% $173 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $359,000 0.0% $173 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $359,000 -- $173 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $11,087 $496,290 $35,360 $460,930
2024 $7,541 $496,290 $35,360 $460,930
2023 $7,541 $371,240 $0 $0
2022 $7,212 $360,430 $0 $0
2021 $7,025 $349,940 $35,360 $314,580
2020 $7,017 $350,000 $35,360 $314,640
2019 $2,095 $123,890 $0 $0
2018 $1,965 $121,580 $0 $0
2017 $1,938 $119,080 $0 $0
2016 $1,853 $116,640 $0 $0
2015 $1,896 $115,830 $0 $0
2014 $1,902 $114,920 $0 $0
2013 -- $158,380 $26,520 $131,860
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hancy Senatus

    MMLS Assoc.-Inactive Member

    Section Image

  • E

    Seller's Agent in 2019

    Esmeralda Rano

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11388619

MIAMI REALTORS® MLS

APN: 49-41-01-16-1610

Florida Broward County Margate 33068 Fair Gate

511 SW 62nd Terrace, Margate, FL

This home is located at 511 SW 62nd Terrace, Margate, FL 33068 since 02 April 2023 and is currently estimated at $560,886, approximately $269 per square foot. This property was built in 1973. 511 SW 62nd Terrace is a home located in Broward County with nearby schools including Atlantic West Elementary School, Margate Middle School, and Coconut Creek 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.

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