NOT LISTED FOR SALE

540 SW 62nd Ave Margate, FL 33068

Fair Gate Neighborhood

Estimated Value: $508,000 - $558,000

4 Beds
2 Baths
2,055 Sq Ft
$256/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $330,000 $161 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,279/month

5 Days on Market

Highlights

  • Private Pool
  • Pool View
  • Balcony
  • Marble Flooring
  • No HOA
  • Fireplace

About This Home

As of December 2018

Lovely 4 bedrooms, 2 baths fully updated pool home. It has marble/travertine floors throughout, updated kitchen with SS appliances, updated bathrooms. A/C system and roof both replaced in 2011. Pavers at the front as well as the back of the house. Screened-in patio and large tropical backyard with pool and palm trees, fully fenced for privacy, makes this a perfect home for entertaining. Conveniently located in Margate near dining and shopping. No HOA.

Last Agent to Sell the Property

Patrycja Magrys

Balistreri Real Estate Inc License #3259343 Listed on: 10/30/2018

Balistreri Real Estate Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,171

Year Built

  • Built in 1973

Lot Details

  • 8,255 Sq Ft Lot
  • West Facing Home

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,055 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Marble Flooring
  • Pool Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Patio
  • Porch

Schools

  • Atlantic West Elementary School

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association
  • Kimberly Forest Sec 2 74 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494101160760

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,171

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1973
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Marble
  • Living Area: 2055.0
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Pool
  • Fencing: Fenced
  • Lot Features: Fruit Trees, < 1/4 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Balcony
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Paver Block

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Atlantic West

Lot Info

  • Parcel #: 494101160760
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.4
  • Mobile Dim Units: Feet
  • Zoning: R-1B

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4171.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2018
Closed on
Dec 21, 2018
Sold by
Jacques David and Curry Joshlyn Lois Ann
Bought by
Reid Garfield and Reid Marie
Seller's Agent
Patrycja Magrys
Balistreri Real Estate Inc
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$526,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,948
Avg. Annual Appreciation
6.80%
Original Mortgage
$264,000
Outstanding Balance
$231,245
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$295,703

Purchase Details

Listed on
Apr 4, 2014
Closed on
Aug 27, 2014
Sold by
Ray Maria
Bought by
Jacques David and Curry Joshlyn Lois Ann
Seller's Agent
Mara Gisch
RE/MAX Royale
Buyer's Agent
Larissa Wileman
RE/MAX Services
List Price
$259,000
Sold Price
$259,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$254,308
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2010
Sold by
Federal National Mortgage Association
Bought by
Ray Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,292
Interest Rate
4.94%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2009
Sold by
Sachweh Carla
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 18, 2007
Sold by
Dantas Paulo
Bought by
Sachweh Carla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2004
Sold by
Pennetti Michael and Pennetti Dawn Michele
Bought by
Dantas Paulo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,850
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 1998
Sold by
Magdon Frank F and Magdon Martha M
Bought by
Pennetti Michael and Pennetti Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reid Garfield $330,000 Weston Title & Escrow Inc
Jacques David $259,000 Harbor Title Inc
Ray Maria $171,000 New House Title
Federal National Mortgage Association -- Attorney
Sachweh Carla A $360,000 Attorney
Dantas Paulo $252,400 Us Title & Escrow Inc
Pennetti Michael $112,000 --
Available Not $62,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Garfield $264,000
Previous Owner Jacques David $254,308
Previous Owner Ray Maria $165,292
Previous Owner Sachweh Carla A $342,000
Previous Owner Dantas Paulo $201,850
Previous Owner Pennetti Michael $106,400
Closed Dantas Paulo $50,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2018 12/21/18 Sold $330,000 0.0% $161 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $330,000 +27.4% $161 / Sq Ft
08/27/2014 08/27/14 Sold $259,000 0.0% $126 / Sq Ft View Prior Sale
07/25/2014 07/25/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $259,000 0.0% $126 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
06/09/2014 06/09/14 Price Changed $259,000 -2.8% $126 / Sq Ft
04/04/2014 04/04/14 For Sale $266,333 -- $130 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2026 $5,794 $296,960 -- --
2025 $5,648 $296,960 -- --
2024 $5,535 $288,600 -- --
2023 $5,535 $280,200 $0 $0
2022 $5,280 $271,690 $0 $0
2021 $5,139 $263,780 $0 $0
2020 $5,054 $260,140 $0 $0
2019 $4,965 $254,300 $0 $0
2018 $4,751 $257,590 $0 $0
2017 $4,471 $237,760 $0 $0
2016 $4,226 $225,360 $0 $0
2015 $4,303 $222,220 $0 $0
2014 $4,555 $188,490 $0 $0
2013 -- $209,790 $24,770 $185,020
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Patrycja Magrys

    Balistreri Real Estate Inc

    (954) 489-3100

    26 Total Sales

    Patrycja Magrys
    Section Image
  • Mara Gisch

    Seller's Agent in 2014

    Mara Gisch

    RE/MAX

    (954) 815-5151

    51 Total Sales

    Mara Gisch
    Section Image

  • L

    Buyer's Agent in 2014

    Larissa Wileman

    RE/MAX

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10147823

BeachesMLS (Greater Fort Lauderdale)

APN: 49-41-01-16-0760

Florida Broward County Margate 33068 Fair Gate

540 SW 62nd Ave, Margate, FL

Not Listed for Sale

Detached

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