NOT LISTED FOR SALE

550 Saint Michelle Way Unit 550 Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $385,388 - $412,000

3 Beds
2.5 Baths
1,328 Sq Ft
$300/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $180,000 $136 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,619/month

4 Days on Market

Highlights

  • Newly Remodeled
  • Community Pool
  • Patio
  • Garden View
  • 1 Car Attached Garage
  • Community Playground

About This Home

As of April 2016

Great opportunity to own a beautiful town home located in Monte Carlo with recent upgrades including brand new kitchen with granite counter tops, new dark laminate wood floors upstairs and freshly painted. Gated community with great curb appeal and close to shopping, dining, highways and more. Don't delay and schedule a showing to today to see this home.

Last Agent to Sell the Property

David Rogers

Rogers Realty Group, LLC License #3094095 Listed on: 03/25/2016

Last Buyer's Agent

Ramon Rivera

RE/MAX Advisors License #3342964

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,218

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • 1,612

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,328 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family or Dining Combination
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 494206291130

Community Details

Overview

  • Monte Carlo Condos
  • The community has rules related to no trucks or trailers

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Complex Is Fenced

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,218

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

HOA Fees

$140 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Townhouse
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Split Bedroom, Stacked Bedroom
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Vinyl
  • Furnished: Unfurnished
  • Living Area: 1328
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Family/Dining Combination
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Other
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Monte Carlo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 140
  • Amenities: Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 494206291130
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2016
Closed on
Jun 10, 2016
Sold by
Burbank Holdings Llc
Bought by
Barreiro Kleber C and Cevallos Diana N
Seller's Agent
David Rogers
Rogers Realty Group, LLC
Buyer's Agent
Ramon Rivera
RE/MAX Advisors
List Price
$175,000
Sold Price
$180,000
Premium/Discount to List
$5,000
2.86%
Current Estimated Value
$401,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,969
Avg. Annual Appreciation
9.11%
Original Mortgage
$171,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2016
Closed on
Apr 28, 2016
Sold by
Burbank Holdings Llc
Bought by
Barreiro Kleber C and Cevallos Diana N
Seller's Agent
David Rogers
Rogers Realty Group, LLC
Buyer's Agent
Ramon Rivera
RE/MAX Advisors
List Price
$175,000
Sold Price
$180,000
Premium/Discount to List
$5,000
2.86%

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
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2016
Sold by
Hegwood Tricia L
Bought by
Burbank Holdings Llc

Purchase Details

Closed on
May 3, 2010
Sold by
Hsbc Bank Usa Corporation
Bought by
Hegwood Tricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,485
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2010
Sold by
Swaby Neil
Bought by
Hsbc Bank Usa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,485
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2005
Sold by
Steinberg David M and Steinberg Sherry L
Bought by
Swaby Neil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.22%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 12, 2005
Sold by
Monte Carlo Townhomes Of Margate Inc
Bought by
Steinberg David M and Steinberg Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.22%
Mortgage Type
Fannie Mae Freddie Mac
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
Barreiro Kleber C -- None Available
Barreiro Kleber C $180,000 None Available
Burbank Holdings Llc $122,500 None Available
Hegwood Tricia L $114,000 Attorney
Hsbc Bank Usa $1,300 Attorney
Swaby Neil $265,000 Capital Abstract & Title
Steinberg David M $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barreiro Kleber C $198,256
Previous Owner Barreiro Kleber C $171,000
Previous Owner Hegwood Tricia L $112,485
Previous Owner Swaby Neil $212,000
Closed Swaby Neil $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $180,000 +2.9% $136 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $175,000 -- $132 / 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 $3,340 $192,850 -- --
2024 $3,262 $187,420 -- --
2023 $3,262 $181,970 $0 $0
2022 $3,201 $176,670 $0 $0
2021 $3,110 $171,530 $0 $0
2020 $3,055 $169,170 $0 $0
2019 $2,996 $165,370 $0 $0
2018 $2,822 $162,290 $0 $0
2017 $2,789 $158,960 $0 $0
2016 $1,193 $86,440 $0 $0
2015 $1,218 $85,840 $0 $0
2014 $1,219 $85,160 $0 $0
2013 -- $87,290 $20,740 $66,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10055466

MIAMI REALTORS® MLS

APN: 49-42-06-29-1130