NOT LISTED FOR SALE

523 SW 61st Terrace Margate, FL 33068

Fair Gate Neighborhood

Estimated Value: $351,000 - $366,000

2 Beds
2 Baths
1,285 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $81,500 $63 Per Sq Ft

Est. 340% increase in value since last sale

Current estimated payment $2,115/month

129 Days on Market

Highlights

  • Garden View
  • Formal Dining Room
  • Tile Flooring
  • No HOA
  • Patio
  • Central Heating and Cooling System

About This Home

As of May 2015

Amazing find in Margate. This 2 bedroom 2 bathroom Half Duplex is waiting for your personal touches. There is a yard in back. No HOA! This is a Fannie Mae Homepath property.

Last Agent to Sell the Property

Loridana Gallione

MMLS Assoc.-Inactive Member License #3118618 Listed on: 12/22/2014

Co-Listed By

Marianne Milakovic

MMLS Assoc.-Inactive Member License #3310006

Last Buyer's Agent

Robson Noel

Charles Rutenberg Realty LLC License #3258325

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $590

Year Built

  • Built in 1978

Lot Details

  • 4,400

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,285 Sq Ft Home
  • Formal Dining Room
  • Tile Flooring
  • Garden Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Schools

  • Atlantic West Elementary School
  • Margate Middle School
  • Coconut Crk High School

Additional Features

  • Patio
  • East Facing Home
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Applegreen Sub 77 38 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494101200091

Home Details

Home Type

Single Family

Est. Annual Taxes

$590

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Half Duplex
  • Directions: ROCK ISLAND SOUTH OF SOUTHGATE BLVD. GO EAST ON SW 7TH ST THEN LEFT ON SW 61ST TER HOME ON THE LEFT.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: APPLEGREEN SUB 77-38 B
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1285
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: APPLEGREEN SUB 77-38 B
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Atlantic West
  • High School: Coconut Crk High
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel Number: 494101200091
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2014
Closed on
May 19, 2015
Sold by
Fannie Mae
Bought by
Rismond Walnes and Jeune Inverlande Petit
Seller's Agent
Loridana Gallione
MMLS Assoc.-Inactive Member
Buyer's Agent
Robson Noel
Charles Rutenberg Realty LLC
List Price
$91,900
Sold Price
$81,500
Premium/Discount to List
-$10,400
-11.32%
Current Estimated Value
$358,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,000
Avg. Annual Appreciation
15.72%

Purchase Details

Closed on
Nov 12, 2014
Sold by
Discover Bank and Guadagino Judith
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 30, 1997
Sold by
Guadagino Fay F and Guadagino Judith L And Peter J
Bought by
Guadagino Judith L and Guadagino Peter J

Purchase Details

Closed on
Jan 31, 1997
Sold by
Olinick Scott and Olinick Kerri
Bought by
Guadagino Fay F and Guadagino Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
7.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 1996
Sold by
Home Savings America
Bought by
Olinick Scott and Olinick Kerri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
7.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 1996
Sold by
Clerk Of The Court
Bought by
Home Savings Of America Fsb

Purchase Details

Closed on
Nov 1, 1981
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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Range of Values:

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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
Rismond Walnes $81,500 New House Title Llc
Federal National Mortgage Association $69,800 None Available
Guadagino Judith L $100 --
Guadagino Fay F $76,500 --
Olinick Scott $55,500 --
Home Savings Of America Fsb $100 --
Available Not $41,143 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guadagino Judith $18,000
Previous Owner Home Savings Of America Fsb $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2015 05/21/15 Sold $81,500 -4.0% $63 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
03/22/2015 03/22/15 Price Changed $84,900 -7.6% $66 / Sq Ft
02/26/2015 02/26/15 For Sale $91,900 0.0% $72 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
12/22/2014 12/22/14 For Sale $91,900 -- $72 / 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 $1,517 $101,420 -- --
2024 $1,472 $98,570 -- --
2023 $1,472 $95,700 $0 $0
2022 $1,388 $92,920 $0 $0
2021 $1,342 $90,220 $0 $0
2020 $1,314 $88,980 $0 $0
2019 $1,282 $86,980 $0 $0
2018 $1,204 $85,360 $0 $0
2017 $1,181 $83,610 $0 $0
2016 $1,199 $86,690 $0 $0
2015 $2,186 $86,690 $0 $0
2014 $815 $53,670 $0 $0
2013 -- $58,990 $12,130 $46,860
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Loridana Gallione

    MMLS Assoc.-Inactive Member

  • M

    Seller Co-Listing Agent in 2015

    Marianne Milakovic

    MMLS Assoc.-Inactive Member

    (954) 254-7800

    5 Total Sales

    Section Image

  • R

    Buyer's Agent in 2015

    Robson Noel

    Charles Rutenberg Realty LLC

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A2048821

MIAMI REALTORS® MLS

APN: 49-41-01-20-0091

Florida Broward County Margate 33068 Fair Gate

523 SW 61st Terrace, Margate, FL

This home is located at 523 SW 61st Terrace, Margate, FL 33068 since 22 December 2014 and is currently estimated at $358,500, approximately $278 per square foot. This property was built in 1978. 523 SW 61st 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.

MIAMI REALTORS® MLS 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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