NOT LISTED FOR SALE

551 SW 63rd Ave Margate, FL 33068

Fair Gate Neighborhood

Estimated Value: $504,019 - $565,000

4 Beds
2 Baths
1,951 Sq Ft
$278/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $270,000 $138 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,377/month

15 Days on Market

Highlights

  • Newly Remodeled
  • Garden View
  • Corner Lot
  • Room in yard for a pool
  • Sun or Florida Room
  • 2-minute walk to Shoster Nature Preserve

About This Home

As of June 2016

WILL NOT LAST! Spacious True 4 Bedroom 2 Bathroom Home In Margate On A Large 1/4 Acre Corner Lot. Featuring Large Rooms, Screened Covered Patio, 2 Car Garage, Room For A Pool, AC 2 Years Old, Newer Water Heater and 2006 Roof And Much More! NO HOA.

Last Agent to Sell the Property

Armando

EXP Realty LLC License #3286486 Listed on: 05/13/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 1973 | Newly Remodeled

Lot Details

  • 0.26 Acre Lot
  • East Facing Home
  • Corner Lot
  • Oversized Lot
  • Property is zoned R-1B

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,951 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Florida or Dining Combination
  • Sun or Florida Room
  • Screened Porch
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Outdoor Features

  • Room in yard for a pool
  • Patio

Schools

  • Atlantic West Elementary School
  • Margate Middle School
  • Coconut Crk High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Kimberly Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494101161330

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,908

Year Built

Built in 1973 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1973
  • Architectural Style: Detached, Ranch, One Story
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Interior Amenities: Closet Cabinetry, Family/Dining Room, First Floor Entry, Main Level Master
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Living Area: 1951.0
  • Dining Room Type: Family Room, Florida Room

Exterior Features

  • Exterior Features: Enclosed Porch, Patio, Room For Pool
  • View: Garden
  • Lot Features: Corner Lot, Oversized Lot, 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: New Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Garage
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Schools

  • Elementary School: Atlantic West
  • High School: Coconut Crk High
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel #: 494101161330
  • Lot Size Sq Ft: 11320.0
  • Zoning Description: R-1B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1908.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Jun 27, 2016
Sold by
Galinat Richard E
Bought by
Valcimond Frantz and Valcimond Natacha
Seller's Agent
Armando
EXP Realty LLC
List Price
$264,900
Sold Price
$270,000
Premium/Discount to List
$5,100
1.93%
Current Estimated Value
$541,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,505
Avg. Annual Appreciation
8.17%
Original Mortgage
$265,109
Outstanding Balance
$216,103
Interest Rate
3.66%
Mortgage Type
FHA
Estimated Equity
$341,261

Purchase Details

Closed on
Jun 1, 1983
Sold by
Available Not
Bought by
Available Not
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
Valcimond Frantz $270,000 Tropics Title Svcs Inc
Available Not $53,936 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valcimond Frantz $12,245
Open Valcimond Frantz $265,109
Previous Owner Galinat Richard E $36,000
Previous Owner Galinat Richard E $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2016 06/28/16 Sold $270,000 +1.9% $138 / Sq Ft
05/29/2016 05/29/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $264,900 -- $136 / 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 $5,888 $308,330 -- --
2024 $5,772 $299,650 -- --
2023 $5,772 $290,930 $0 $0
2022 $5,515 $282,460 $0 $0
2021 $5,368 $274,240 $0 $0
2020 $5,279 $270,460 $0 $0
2019 $5,186 $264,380 $0 $0
2018 $4,865 $259,460 $0 $0
2017 $4,821 $254,130 $0 $0
2016 $2,084 $127,220 $0 $0
2015 $2,134 $126,340 $0 $0
2014 $2,142 $125,340 $0 $0
2013 -- $170,110 $33,960 $136,150
Source: Public Records

Agents Affiliated with this Home

  • Armando

    Seller's Agent in 2016

    Armando

    EXP Realty LLC

    73 Total Sales

    Armando
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10011933

BeachesMLS (Greater Fort Lauderdale)

APN: 49-41-01-16-1330

Florida Broward County Margate 33068 Fair Gate

551 SW 63rd Ave, Margate, FL

This home is located at 551 SW 63rd Ave, Margate, FL 33068 since 13 May 2016 and is currently estimated at $541,505, approximately $277 per square foot. This property was built in 1973. 551 SW 63rd Ave 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.

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.

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