NOT LISTED FOR SALE

550 SW 62nd Terrace Margate, FL 33068

Fair Gate Neighborhood

Estimated Value: $516,000 - $558,000

4 Beds
2 Baths
1,795 Sq Ft
$298/Sq Ft Est. Value

About This Home

This home is located at 550 SW 62nd Terrace, Margate, FL 33068 and is currently estimated at $535,001, approximately $298 per square foot. 550 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 1998
Sold by
Federal National Mortgage Assoc
Bought by
Prempin Michael and Prempin Paula
Current Estimated Value
$535,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,550
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 1998
Sold by
Clerk Of The Court
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 29, 1994
Sold by
Lewis Barbara A
Bought by
Aylward Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
8.39%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Prempin Michael $113,300 --
Federal National Mortgage Association -- --
Aylward Richard T $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Prempin Michael $112,623
Closed Federal National Mortgage Association $107,550
Previous Owner Aylward Richard T $98,800
Source: Public Records

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 $2,702 $157,500 -- --
2024 $2,637 $153,070 -- --
2023 $2,637 $148,620 $0 $0
2022 $2,507 $144,300 $0 $0
2021 $2,433 $140,100 $0 $0
2020 $2,389 $138,170 $0 $0
2019 $2,341 $135,070 $0 $0
2018 $2,196 $132,560 $0 $0
2017 $2,168 $129,840 $0 $0
2016 $2,082 $127,170 $0 $0
2015 $2,133 $126,290 $0 $0
2014 $2,140 $125,290 $0 $0
2013 -- $170,960 $33,220 $137,740
Source: Public Records

Map

Florida Broward County Margate 33068 Fair Gate

550 SW 62nd Terrace, Margate, FL

This home is located at 550 SW 62nd Terrace, Margate, FL 33068 and is currently estimated at $535,001, approximately $298 per square foot. 550 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.

Nearby Homes