NOT LISTED FOR SALE

550 SW 63rd Ave Margate, FL 33068

Fair Gate Neighborhood

Estimated Value: $500,000 - $533,000

3 Beds
2 Baths
1,851 Sq Ft
$279/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $535,000 $289 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,111/month

49 Days on Market

Highlights

  • Room in yard for a pool
  • No HOA
  • Circular Driveway
  • Garden View
  • Utility Room in Garage
  • 2-minute walk to Shoster Nature Preserve

About This Home

As of April 2024

Come see this jaw-dropping renovated home 3 bed 2bath single family home, corner lot, NO HOA. This home features a modern design with an open floor plan, updated kitchen and bathroom, floors redone in 2023. Enjoy outdoor living with a fully fenced yard with room for pool and fruit trees. Pack your bags and welcome home!

Last Agent to Sell the Property

Danielle Hanson

Keller Williams Realty SW License #3046532 Listed on: 02/12/2024

Keller Williams Realty SW

Last Buyer's Agent

Maurice Guz

United Pro Realty License #3601008

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,978

Year Built

  • Built in 1973

Lot Details

  • 0.25 Acre Lot
  • West Facing Home
  • Fenced
  • Property is zoned R-1B

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,851 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Utility Room in Garage
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer

Pool

  • Room in yard for a pool

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 494101161440

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,978

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: Detached, One Story
  • 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
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Stacked Bedroom, Utility/Laundry In Garage
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1851
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Utility/Laundry In Garage

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Fruit Trees, Room For Pool
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • 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: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494101161440
  • Lot Size Sq Ft: 11073
  • Zoning: R-1B
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3978

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Apr 2, 2024
Sold by
Lattibeaudiere Latoya and Cherry Latoya Nicole
Bought by
Monplaisir Myrlande and Hackshaw Robert Sheldon
Seller's Agent
Danielle Hanson
Keller Williams Realty SW
Buyer's Agent
Maurice Guz
United Pro Realty
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Views
44
Current Estimated Value
$525,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,105
Avg. Annual Appreciation
-2.06%
Original Mortgage
$525,309
Outstanding Balance
$517,490
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
-$1,880

Purchase Details

Listed on
Oct 18, 2013
Closed on
Jan 30, 2014
Sold by
Reef Properties Llc
Bought by
Cherry Latoya N
Seller's Agent
Gene Schroeder
Bank On It Realty
Buyer's Agent
Kerry-Ann Wilkins
Inactive Member
List Price
$209,900
Sold Price
$190,000
Premium/Discount to List
-$19,900
-9.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$180,500
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2013
Sold by
Alvarez Jose L and Argueta Dora N
Bought by
Reef Properties Llc

Purchase Details

Closed on
Jun 6, 2003
Sold by
Guerrero Miguel and Guerrero Dinorah
Bought by
Alvarez Jose L and Argueta Dora N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2000
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Oct 1, 1991
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
Monplaisir Myrlande $535,000 Future Title
Cherry Latoya N $190,000 Title Guaranty Of S Fl Inc
Reef Properties Llc $140,000 Title Guaranty Of S Fl Inc
Alvarez Jose L $165,000 Reliance Title Svcs Inc
Available Not $103,500 --
Available Not $73,629 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monplaisir Myrlande $525,309
Previous Owner Cherry Latoya N $180,500
Previous Owner Alvarez Jose L $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2024 04/02/24 Sold $535,000 -2.7% $289 / Sq Ft
02/12/2024 02/12/24 For Sale $550,000 +189.5% $297 / Sq Ft
01/30/2014 01/30/14 Sold $190,000 -9.5% $98 / Sq Ft View Prior Sale
12/31/2013 12/31/13 Pending -- -- --
10/18/2013 10/18/13 For Sale $209,900 -- $108 / 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 $4,370 $416,670 $44,290 $372,380
2024 $4,278 $416,670 $44,290 $372,380
2023 $4,278 $223,120 $0 $0
2022 $4,082 $216,630 $0 $0
2021 $3,970 $210,330 $0 $0
2020 $3,902 $207,430 $0 $0
2019 $3,830 $202,770 $0 $0
2018 $3,593 $198,990 $0 $0
2017 $3,557 $194,900 $0 $0
2016 $3,474 $190,900 $0 $0
2015 $3,565 $189,580 $0 $0
2014 $3,184 $128,800 $0 $0
2013 -- $135,230 $33,220 $102,010
Source: Public Records

Agents Affiliated with this Home

  • Danielle Hanson

    Seller's Agent in 2024

    Danielle Hanson

    Keller Williams Realty SW

    (786) 290-8491

    1 in this area

    34 Total Sales

    Danielle Hanson
    Section Image

  • M

    Buyer's Agent in 2024

    Maurice Guz

    United Pro Realty

    (954) 561-5430

    1 in this area

    3 Total Sales

    Maurice Guz
    Section Image
  • Gene Schroeder

    Seller's Agent in 2014

    Gene Schroeder

    Bank On It Realty

    (954) 816-4363

    19 Total Sales

    Gene Schroeder
    Section Image

  • K

    Buyer's Agent in 2014

    Kerry-Ann Wilkins

    Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11531614

MIAMI REALTORS® MLS

APN: 49-41-01-16-1440

Florida Broward County Margate 33068 Fair Gate

550 SW 63rd Ave, Margate, FL

Not Listed for Sale

Detached

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