NOT LISTED FOR SALE

5551 SW 7th Place Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $413,000 - $538,000

4 Beds
2 Baths
1,610 Sq Ft
$296/Sq Ft Est. Value

Last Sold March 06, 2014

Last sale price $142,000 $88 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $3,070/month

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Fenced

About This Home

As of August 2024

Well maintained 4 Beds and 2 baths single home with 1 car garage and 4 additional parking spaces. The property futures Vaulted ceiling, impact widows, tile floors, updated kitchen and bathrooms. Additionally, the property has 8 security cameras for your peace of mind and a big yard for your boat and entertaining. SAME DAY APPROVAL. Don't miss this opportunity.

Last Agent to Rent the Property

Ciryle Germain

Beachfront Realty Inc License #3203505 Listed on: 08/05/2024

Beachfront Realty Inc

Last Renter's Agent

Juna Lamour

Beachfront Realty Inc License #3569362

Beachfront Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,712

Year Built

  • Built in 1978

Lot Details

  • 7,504 Sq Ft Lot
  • Fenced
  • Property is zoned R-1B

Parking

  • 1 Car Attached Garage

Home Design

  • 1,610 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association
  • Serino Park Sec 3 Subdivision

Listing and Financial Details

  • Property Available on 8/4/24
  • Assessor Parcel Number 494206180060

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,712

Year Built

Built in 1978

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions
  • Available Date: 2024-08-04

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1978
  • Property Sub Type: Single Family Residence
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: SERINO PARK SEC 3
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Furnished: Unfurnished
  • Living Area: 1610

Exterior Features

  • Exterior Features: Fruit Trees
  • Fencing: Fenced
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SERINO PARK SEC 3
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 494206180060
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7504
  • Zoning: R-1B
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Mar 6, 2014
Sold by
Fannie Mae
Bought by
Myrtil Frantz and Myrtil Ceance Junie
Seller's Agent
John Milakovic
MMLS Assoc.-Inactive Member
Buyer's Agent
Andre Noel
Freedom Investment Realty Inc.
List Price
$149,900
Sold Price
$142,000
Premium/Discount to List
-$7,900
-5.27%
Current Estimated Value
$476,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,034
Avg. Annual Appreciation
11.12%
Original Mortgage
$94,000
Interest Rate
4.43%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 24, 2013
Sold by
Willis Donna and Willis Timothy
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jun 14, 2006
Sold by
Shoemaker Carolyn A and Worden Carolyn A
Bought by
Willis Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 1998
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Jun 1, 1988
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
Myrtil Frantz $142,000 Stewart Title Company
Fannie Mae $110,200 None Available
Willis Donna L $250,000 Attorney
Available Not $10,000 --
Available Not $64,429 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myrtil Frantz $103,276
Closed Myrtil Frantz $94,000
Previous Owner Willis Donna L $81,400
Previous Owner Willis Donna L $130,000
Previous Owner Shoemaker Carolyn A $31,533
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Rented $3,399 0.0% --
08/05/2024 08/05/24 For Rent $3,399 0.0% --
03/06/2014 03/06/14 Sold $142,000 -5.3% $88 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $149,900 -- $93 / 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 $5,712 $183,640 -- --
2024 $5,612 $178,470 -- --
2023 $5,612 $172,110 $0 $0
2022 $5,440 $167,100 $0 $0
2021 $4,451 $162,240 $0 $0
2020 $4,399 $160,000 $0 $0
2019 $4,344 $156,410 $0 $0
2018 $4,170 $153,500 $0 $0
2017 $2,606 $150,350 $0 $0
2016 $2,521 $147,260 $0 $0
2015 $3,394 $140,090 $0 $0
2014 $2,593 $103,100 $0 $0
2013 -- $111,510 $22,510 $89,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2024

    Ciryle Germain

    Beachfront Realty Inc

    (786) 975-6099

    7 Total Sales

    Section Image

  • J

    Tenant's Agent in 2024

    Juna Lamour

    Beachfront Realty Inc

    (786) 752-6423

    1 Total Sale

    Section Image

  • J

    Seller's Agent in 2014

    John Milakovic

    MMLS Assoc.-Inactive Member

    Section Image

  • A

    Buyer's Agent in 2014

    Andre Noel

    Freedom Investment Realty Inc.

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11635253

MIAMI REALTORS® MLS

APN: 49-42-06-18-0060

Florida Broward County Margate 33068 Margate Estates

5551 SW 7th Place, Margate, FL

This home is located at 5551 SW 7th Place, Margate, FL 33068 since 05 August 2024 and is currently priced at $476,034. This property was built in 1978. 5551 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.

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