NOT LISTED FOR SALE

5501 SW 6th St Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $368,901 - $411,000

3 Beds
2 Baths
1,005 Sq Ft
$388/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $223,000 $222 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,427/month

6 Days on Market

Highlights

  • Fruit Trees
  • Laundry Room
  • Central Heating and Cooling System
  • Room in yard for a pool
  • Tile Flooring
  • Utility Room

About This Home

As of June 2017

Beautiful updated 3 bedroom 2 bathroom house in desirable neighborhood in Margate. Stunning traditional contemporary style home. New kitchen, bathrooms and tile through out.

Last Agent to Sell the Property

Dahyana Mendieta

Realty Into Reality, LLC License #3288529 Listed on: 05/24/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,532

Year Built

  • Built in 1959

Lot Details

  • 8,630 Sq Ft Lot
  • Southwest Facing Home
  • Fruit Trees
  • Property is zoned R-1C

Parking

  • Driveway

Interior Spaces

  • 1,005 Sq Ft Home
  • 1-Story Property
  • Utility Room
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Additional Features

  • Room in yard for a pool
  • Central Heating and Cooling System

Community Details

  • Margate Estates Sec 1 50 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494206020240

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,532

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1959
  • Architectural Style: One Story
  • Carport Y N: No
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Other
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1005.0
  • Dining Room Type: Laundry, Other, Utility Room

Exterior Features

  • Exterior Features: Fruit Trees, Room For Pool
  • View: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Southwest
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Other
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Other, See Remarks
  • Senior Community: No

Lot Info

  • Parcel #: 494206020240
  • Lot Size Sq Ft: 8630.0
  • Zoning Description: R-1C
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2532.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Jun 30, 2017
Sold by
Xexe Inc
Bought by
Gangaram Narendra and Gangaram Anita
Seller's Agent
Dahyana Mendieta
Realty Into Reality, LLC
List Price
$249,900
Sold Price
$223,000
Premium/Discount to List
-$26,900
-10.76%
Current Estimated Value
$389,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,975
Avg. Annual Appreciation
6.98%
Original Mortgage
$215,557
Outstanding Balance
$179,728
Interest Rate
4.02%
Mortgage Type
FHA
Estimated Equity
$210,247

Purchase Details

Listed on
May 24, 2017
Closed on
Jun 27, 2017
Sold by
Xexe Inc
Bought by
Gangaram Narendra and Gangaram Anita
Seller's Agent
Dahyana Mendieta
Realty Into Reality, LLC
List Price
$249,900
Sold Price
$223,000
Premium/Discount to List
-$26,900
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,557
Outstanding Balance
$179,728
Interest Rate
4.02%
Mortgage Type
FHA
Estimated Equity
$210,247

Purchase Details

Listed on
Sep 21, 2016
Closed on
Oct 11, 2016
Sold by
Nationstar Mortgage Llc
Bought by
Xexe Inc
Seller's Agent
Jason Shapiro
Rising Realty of S Florida
Buyer's Agent
Dahyana Mendieta
Realty Into Reality, LLC
List Price
$100,000
Sold Price
$150,675
Premium/Discount to List
$50,675
50.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.52%

Purchase Details

Closed on
Feb 1, 2016
Bought by
Gangaram Anita

Purchase Details

Closed on
Jul 20, 2013
Sold by
Mondragon Secundino
Bought by
Estrada Armando Susunaga and Montes Odali Perez

Purchase Details

Closed on
Jun 1, 1998
Sold by
Zamudio Orlando and Zamudio Hanna W
Bought by
Mondragon Jose

Purchase Details

Closed on
Dec 1, 1991
Sold by
Available Not
Bought by
Available Not
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
Gangaram Narendra $223,000 Masters Title Inc
Gangaram Narendra $223,000 Masters Title Inc
Xexe Inc $150,700 Attorney
Gangaram Anita $101,800 --
Estrada Armando Susunaga -- None Available
Mondragon Jose $72,900 --
Available Not $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gangaram Narendra $215,557
Closed Gangaram Narendra $215,557
Closed Mondragon Jose $0
Closed Mondragon Jose $4,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2017 06/30/17 Sold $223,000 -10.8% $222 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $249,900 +65.9% $249 / Sq Ft
11/08/2016 11/08/16 Sold $150,675 +50.7% $150 / Sq Ft View Prior Sale
10/09/2016 10/09/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $100,000 -- $99 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,324 $234,290 -- --
2024 $4,233 $227,690 -- --
2023 $4,233 $221,060 $0 $0
2022 $4,038 $214,630 $0 $0
2021 $3,927 $208,380 $0 $0
2020 $3,860 $205,510 $34,520 $170,990
2019 $4,341 $225,970 $34,520 $191,450
2018 $4,236 $187,160 $34,520 $152,640
2017 $3,358 $143,260 $0 $0
2016 $2,532 $93,140 $0 $0
2015 $2,364 $84,680 $0 $0
2014 $1,994 $76,990 $0 $0
2013 -- $87,700 $25,890 $61,810
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dahyana Mendieta

    Realty Into Reality, LLC

    (954) 496-4210

    19 Total Sales

    Dahyana Mendieta
    Section Image

  • J

    Seller's Agent in 2016

    Jason Shapiro

    Rising Realty of S Florida

    (954) 606-0100

    13 Total Sales

    Jason Shapiro
    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10069231

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-06-02-0240

Florida Broward County Margate 33068 Margate Estates

5501 SW 6th St, Margate, FL

This home is located at 5501 SW 6th St, Margate, FL 33068 since 24 May 2017 and is currently estimated at $389,975, approximately $388 per square foot. This property was built in 1959. 5501 SW 6th St is a home located in Broward County with nearby schools including Liberty 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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes