NOT LISTED FOR SALE

531 SW 62nd Ave Margate, FL 33068

Fair Gate Neighborhood

Estimated Value: $519,000 - $551,000

4 Beds
2 Baths
1,850 Sq Ft
$292/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $359,000 $194 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,798/month

7 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Shed
  • Pool View
  • Walk-In Closet
  • Tile Flooring

About This Home

As of November 2020

SPACIOUS 4BED 2BATH Pool home. NEW Roof installed in 2018. Tile floors thru-out. Eat-In Kitchen. Sunken Living room. Walk-In Closet in the Master Bedroom. Fenced in backyard with a screened-in pool area great for entertaining. Newly installed double concrete driveway. Newer water heater. No HOA Fees. Great location! Near all major highways, restaurants, and shopping.********* BRING ALL OFFERS********

Last Agent to Sell the Property

Irene Charles

United Realty Group Inc. License #0643600 Listed on: 09/12/2020

United Realty Group Inc.

Last Buyer's Agent

Irene Charles

United Realty Group Inc. License #0643600 Listed on: 09/12/2020

United Realty Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 1973

Lot Details

  • 8,840 Sq Ft Lot
  • North Facing Home
  • Fenced

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Pool Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Shed

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 494101161710

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,038

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, 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, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), No Additional Rooms
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1850
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Shingle
  • View: Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Screened Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494101161710
  • Lot Size Sq Ft: 8840
  • Zoning: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Nov 3, 2020
Sold by
Barrett Albert and Barrett Carmen Lucia
Bought by
Perrier Martine and Mitton Juan C
Seller's Agent
Irene Charles
United Realty Group Inc.
Buyer's Agent
Irene Charles
United Realty Group Inc.
List Price
$384,900
Sold Price
$359,000
Premium/Discount to List
-$25,900
-6.73%
Current Estimated Value
$539,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,531
Avg. Annual Appreciation
8.70%
Original Mortgage
$352,497
Outstanding Balance
$317,230
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$218,614

Purchase Details

Closed on
Jun 21, 2020
Sold by
Barrett Albert and Barrett Carmen Lucia
Bought by
Barrett Albert and Barrett Carmen Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,475
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2020
Sold by
Barrett Albert and Barrett Carmen Lucia
Bought by
Barrett Albert and Barrett Carmen Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,475
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2018
Sold by
Barrett Albert and Barrett Carmen Lucia
Bought by
Barrett Albert and Barrett Carmen Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2015
Sold by
Barrett Albert and Barrett Carmen Lucia
Bought by
Barrett Family Trust and Barrett Carmen Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2006
Sold by
Barrett Albert
Bought by
The Albert Barrett Trust and Barreit Albert

Purchase Details

Closed on
Feb 18, 2006
Sold by
Barrett Albert
Bought by
Barrett Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,834
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 26, 2002
Sold by
Barrett Rebecca and Barrett Albert
Bought by
Barrett Albert

Purchase Details

Closed on
Oct 18, 1999
Sold by
Portnoy Stuart and Portnoy Belle
Bought by
Barrett Albert and Barrett Rebecca
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
Perrier Martine $359,000 Structure Title Services
Barrett Albert -- None Available
Barrett Albert -- Amrock Inc
Barrett Albert -- Title Source Inc
Barrett Albert -- Amrock
Barrett Family Trust -- Title Source Inc
The Albert Barrett Trust -- Attorney
Barrett Albert -- Stewart Title
Barrett Albert -- --
Barrett Albert $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrier Martine $352,497
Previous Owner Barrett Albert $223,475
Previous Owner Barrett Albert $45,000
Previous Owner Barrett Albert $171,000
Previous Owner Barrett Family Trust $136,000
Previous Owner Barrett Albert $140,005
Previous Owner Barrett Albert $159,834
Previous Owner Barrett Albert $156,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2020 11/03/20 Sold $359,000 -6.7% $194 / Sq Ft
09/12/2020 09/12/20 For Sale $384,900 -- $208 / 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 $10,290 $337,110 -- --
2024 $10,154 $327,610 -- --
2023 $10,154 $317,620 $0 $0
2022 $6,079 $308,370 $0 $0
2021 $5,919 $299,390 $35,360 $264,030
2020 $2,082 $124,120 $0 $0
2019 $2,038 $121,330 $0 $0
2018 $1,913 $119,070 $0 $0
2017 $1,886 $116,630 $0 $0
2016 $1,800 $114,240 $0 $0
2015 $1,842 $113,450 $0 $0
2014 $1,848 $112,550 $0 $0
2013 -- $154,400 $26,520 $127,880
Source: Public Records

Agents Affiliated with this Home

  • Irene Charles

    Seller's Agent in 2020

    Irene Charles

    United Realty Group Inc.

    (754) 366-6667

    1 in this area

    12 Total Sales

    Irene Charles
    Section Image

  • D

    Buyer Co-Listing Agent in 2020

    Dieudonne Louis Jeune

    Prag Realtors

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10926418

MIAMI REALTORS® MLS

APN: 49-41-01-16-1710

Florida Broward County Margate 33068 Fair Gate

531 SW 62nd Ave, Margate, FL

This home is located at 531 SW 62nd Ave, Margate, FL 33068 since 12 September 2020 and is currently estimated at $539,531, approximately $291 per square foot. This property was built in 1973. 531 SW 62nd Ave 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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