NOT LISTED FOR SALE

5514 SW 7th Place Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $467,000 - $503,000

3 Beds
2 Baths
1,455 Sq Ft
$331/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $235,000 $162 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,207/month

42 Days on Market

Highlights

  • Private Pool
  • Attic
  • Converted Garage
  • Wood Flooring
  • Pool View
  • Porch

About This Home

As of May 2016

Wonderful pool home in Margate with 3 beds & 2 full baths, 1 car garage. This Fantastic home has an updated kitchen with butcher block counter tops, updated bathrooms, french doors leading out to your pool area with covered patio for entertaining and a pergola off to the side for additional entertaining, the kids can play in the tree house out back and you have extra storage with the shed, the garage has been converted into an additional man cave/bedroom which can be converted back if buyers choose.

Last Agent to Sell the Property

David Zimmerman PA

Vista Mar Realty Group Inc. License #3262088 Listed on: 03/15/2016

Co-Listed By

Gina Zimmerman

Vista Mar Realty Group Inc. License #3262495

Last Buyer's Agent

Alecia Williams

United Realty Group Inc License #3117368

United Realty Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,728

Year Built

  • Built in 1978

Lot Details

  • 7,505 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned R-1B

Parking

  • 1 Car Attached Garage
  • Converted Garage
  • Driveway
  • On-Street Parking

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,455 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • French Doors
  • Open Floorplan
  • Pool Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Open Patio
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Serino Park Sec 3 81 46 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494206180230

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,728

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Go East on SW 8th Ct from 441, go left onSw 56th Ave and follow around to the home on Sw 7th Place.
  • Year Built: 1978
  • Architectural Style: Detached, One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Eat-in Kitchen, Family/Dining Room, French Door(s)/Atrium Door(s), First Floor Entry, Kitchen/Dining Combo, Main Level Master, Stacked Bedrooms, Attic
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile, Wood
  • Living Area: 1455.0
  • Dining Room Type: Attic, Converted Garage

Exterior Features

  • Exterior Features: Fence, Porch, Patio, Shed
  • View: Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: In Ground, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Other Structures: Shed(s)
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, On Street

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 494206180230
  • Lot Size Sq Ft: 7505.0
  • Zoning Description: R-1B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1728.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
May 27, 2016
Sold by
Marek Luanne L
Bought by
Casllste Dennis Troy and Casllste Darline
Seller's Agent
David Zimmerman PA
Vista Mar Realty Group Inc.
Buyer's Agent
Alecia Williams
United Realty Group Inc
List Price
$249,000
Sold Price
$235,000
Premium/Discount to List
-$14,000
-5.62%
Current Estimated Value
$481,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,481
Avg. Annual Appreciation
7.87%
Original Mortgage
$230,743
Interest Rate
3.66%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2005
Sold by
Smith James
Bought by
Marek Luanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,700
Interest Rate
1.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 1, 1987
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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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
Casllste Dennis Troy $235,000 Team Title Usa Llc1
Marek Luanne L $283,000 First American Title Ins Co
Available Not $62,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calliste Dennis Troy $215,404
Closed Casllste Dennis Troy $230,743
Previous Owner Marek Luanne L $254,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $235,000 -5.6% $162 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $249,000 -- $171 / 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 $7,237 $277,950 -- --
2024 $7,132 $270,120 -- --
2023 $7,132 $262,260 $0 $0
2022 $6,890 $254,630 $0 $0
2021 $4,777 $247,220 $0 $0
2020 $4,697 $243,810 $0 $0
2019 $4,613 $238,330 $0 $0
2018 $4,327 $233,890 $30,020 $203,870
2017 $4,293 $187,080 $0 $0
2016 $1,689 $109,160 $0 $0
2015 $1,728 $108,410 $0 $0
2014 $1,733 $107,550 $0 $0
2013 -- $133,740 $22,520 $111,220
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Zimmerman PA

    Vista Mar Realty Group Inc.

    (954) 242-7608

    52 Total Sales

    David Zimmerman PA
    Section Image

  • G

    Seller Co-Listing Agent in 2016

    Gina Zimmerman

    Vista Mar Realty Group Inc.

    (954) 560-2595

    34 Total Sales

    Gina Zimmerman
    Section Image

  • A

    Buyer's Agent in 2016

    Alecia Williams

    United Realty Group Inc

    (954) 479-6100

    Alecia Williams
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10001538

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-06-18-0230

Florida Broward County Margate 33068 Margate Estates

5514 SW 7th Place, Margate, FL

This home is located at 5514 SW 7th Place, Margate, FL 33068 since 15 March 2016 and is currently estimated at $481,481, approximately $330 per square foot. This property was built in 1978. 5514 SW 7th Place 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.

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