NOT LISTED FOR SALE

540 SW 62nd Terrace Margate, FL 33068

Fair Gate Neighborhood

Estimated Value: $431,808 - $495,000

3 Beds
2 Baths
1,440 Sq Ft
$328/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $275,000 $191 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,016/month

9 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Partial Storm Protection
  • No HOA
  • 1 Car Attached Garage
  • Walk-In Closet

About This Home

As of January 2018

Priced to SELL!!! Beautiful and cozy 3/2 family home with No HOA fees. Brand new A/C ( July 2017). This home features plenty of closet space, kitchen wood cabinets, separate dining room, Mexican tile & laminate flooring, huge fenced yard with lush large tropical trees and a fun swing set playpen. Conveniently located in a quiet neighborhood, surrounded by major highways, Shopping centers and much more. Perfect home for a family ready for move-in or first time home buyers.

Last Agent to Sell the Property

J. Sebastian Blanco

MMLS Assoc.-Inactive Member License #3351986 Listed on: 11/20/2017

Co-Listed By

Roxana Lezama

Keller Williams Eagle Realty License #3387946

Last Buyer's Agent

J. Sebastian Blanco

MMLS Assoc.-Inactive Member License #3351986 Listed on: 11/20/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $915

Year Built

  • Built in 1973

Lot Details

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

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Partial Storm Protection
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Kimberly Forest Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494101161670

Home Details

Home Type

Single Family

Est. Annual Taxes

$915

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
  • Co List Office Mls Id: KWER01
  • Co List Office Phone: 305-757-1700
  • Directions: Google maps
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: KIMBERLY FOREST SEC 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1440
  • Possible Use: Primary
  • Window Features: Partial Other Protection, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Underground Utilities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494101161670
  • Lot Size Sq Ft: 8840
  • Zoning: R-1C
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 915

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2024
Sold by
Olcima Nelsen and Olcima Miguerlande
Bought by
Olcima Nelsen and Olcima Joseph Miguerlande
Current Estimated Value
$472,952

Purchase Details

Listed on
Nov 20, 2017
Closed on
Jan 5, 2018
Sold by
Beeson Nataline
Bought by
Olcima Nelsen and Olcima Meguerkande
Seller's Agent
J. Sebastian Blanco
MMLS Assoc.-Inactive Member
Buyer's Agent
J. Sebastian Blanco
MMLS Assoc.-Inactive Member
List Price
$274,500
Sold Price
$275,000
Premium/Discount to List
$500
0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$270,019
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2004
Sold by
Bousquet Scott and Bousquet Daphne J
Bought by
Beeson Natalie

Purchase Details

Closed on
Jan 1, 1993
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
Olcima Nelsen -- None Listed On Document
Olcima Nelsen $275,000 Structure Title Svcs
Beeson Natalie $198,000 Home Title & Escrow
Available Not $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olcima Nelsen $270,019
Previous Owner Beeson Natalie M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2018 01/05/18 Sold $275,000 +0.2% $191 / Sq Ft
11/20/2017 11/20/17 For Sale $274,500 -- $191 / 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 $5,264 $278,780 -- --
2024 $4,579 $270,930 -- --
2023 $4,579 $236,760 $0 $0
2022 $4,370 $229,870 $0 $0
2021 $4,251 $223,180 $0 $0
2020 $4,179 $220,100 $0 $0
2019 $4,103 $215,160 $35,360 $179,800
2018 $1,343 $91,990 $0 $0
2017 $916 $90,100 $0 $0
2016 $915 $88,250 $0 $0
2015 $933 $87,640 $0 $0
2014 $934 $86,950 $0 $0
2013 -- $117,590 $26,520 $91,070
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    J. Sebastian Blanco

    MMLS Assoc.-Inactive Member

    Section Image
  • Roxana Lezama

    Seller Co-Listing Agent in 2018

    Roxana Lezama

    Keller Williams Eagle Realty

    (305) 923-7494

    25 Total Sales

    Roxana Lezama
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10375264

MIAMI REALTORS® MLS

APN: 49-41-01-16-1670

Florida Broward County Margate 33068 Fair Gate

540 SW 62nd Terrace, Margate, FL

This home is located at 540 SW 62nd Terrace, Margate, FL 33068 since 20 November 2017 and is currently estimated at $472,952, approximately $328 per square foot. This property was built in 1973. 540 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.

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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