$175,000
SOLD JUN 27, 2014

5575 SW 7th Place Margate, FL 33068

Margate Estates Neighborhood
4 Beds
2 Baths
2,001 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

46% Above List Price

71 Days on Market

Highlights

  • Newly Remodeled
  • 1 Car Attached Garage
  • Laundry Room
  • Private Pool
  • Walk-In Closet
  • Ceramic Tile Flooring

About This Home

As of January 2018

SHOWS VERY WELL...PLEASE DO NOT CALL OFFICE..TEXT AGENT FOR INFORMATION..... This property is being sold AS-ISwithout repairs or warranty under auction terms online OFFERS MUST BE SUBMITTED VIA HOMESEARCH DOT COM. Buyer and Buyer'sagent are responsible for verifying HOA fees and rules if any and taxes.ONLINE BIDDING STARTS 3/29-3/31

Last Agent to Sell the Property

Andrew Gerstman

Fosters Realty License #3047846 Listed on: 03/17/2014

Last Buyer's Agent

Lucy Venegas

All Homes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,624

Year Built

  • Built in 1979 | Newly Remodeled

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2,001 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Northeast Facing Home
  • Central Heating and Cooling System

Community Details

  • Srino Park 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494206180090

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,624

Year Built

Built in 1979 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: STATE ROAD7 PAST MCNAB RT ON SW 8 LEFT ON SW7
  • Year Built: 1979
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 1026

Interior Features

  • Interior Amenities: Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile
  • Living Area: 2001.0
  • Dining Room Type: Laundry
  • Stories: 1

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northeast
  • Property Condition: New Construction

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 494206180090
  • Zoning Description: RESIDENT

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3624.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2017
Closed on
Jan 29, 2018
Sold by
Velasquez Hugo and Velasquez Grace
Bought by
Donohue Dale
Seller's Agent
Fernanda Nunez
Viking Realty Group Inc.
Buyer's Agent
Gilbert Stockton
MMLS Assoc.-Inactive Member
List Price
$340,000
Sold Price
$300,000
Premium/Discount to List
-$40,000
-11.76%
Total Days on Market
71
Current Estimated Value
$523,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,178
Avg. Annual Appreciation
7.78%
Original Mortgage
$247,000
Outstanding Balance
$212,272
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$316,356

Purchase Details

Closed on
Apr 15, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Velasquez Hugo and Velasquez Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 2013
Sold by
Roy Eric
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Sep 19, 2005
Sold by
Masse Lori K
Bought by
Roy Eric and Roy Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 1, 1993
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 Type Sale Price Title Company
Warranty Deed $300,000 Sunbelt Title Agency
Special Warranty Deed $175,000 Title365 Company
Trustee Deed $144,000 None Available
Warranty Deed $315,000 Fidelity Natl Title Ins Co
Quit Claim Deed $10,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,000 New Conventional
Previous Owner $171,830 FHA
Previous Owner $95,000 Unknown
Previous Owner $62,000 Credit Line Revolving
Previous Owner $248,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2018 01/30/18 Sold $300,000 -6.3% $202 / Sq Ft
12/01/2017 12/01/17 Price Changed $320,000 -5.9% $216 / Sq Ft
08/30/2017 08/30/17 For Sale $340,000 +94.3% $229 / Sq Ft
06/27/2014 06/27/14 Sold $175,000 +45.8% $87 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $120,000 -- $60 / Sq Ft
Source: BeachesMLS

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 $5,754 $301,970 -- --
2024 $5,639 $293,460 -- --
2023 $5,639 $284,920 $0 $0
2022 $5,388 $276,630 $0 $0
2021 $5,244 $268,580 $0 $0
2020 $5,157 $264,880 $0 $0
2019 $5,066 $258,930 $30,020 $228,910
2018 $5,602 $252,110 $30,020 $222,090
2017 $2,420 $141,640 $0 $0
2016 $2,335 $138,730 $0 $0
2015 $2,393 $137,770 $0 $0
2014 $2,872 $115,250 $0 $0
2013 -- $154,560 $22,510 $132,050
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Fernanda Nunez

    Viking Realty Group Inc.

    (954) 793-9438

    40 Total Sales

    Section Image

  • G

    Buyer's Agent in 2018

    Gilbert Stockton

    MMLS Assoc.-Inactive Member

  • A

    Seller's Agent in 2014

    Andrew Gerstman

    Fosters Realty

    (561) 213-9537

    44 Total Sales

    Section Image

  • L

    Buyer's Agent in 2014

    Lucy Venegas

    All Homes Realty

  • Lucy Venegas

    Buyer's Agent in 2014

    Lucy Venegas

    United Realty Group Inc

    (954) 548-7390

    30 Total Sales

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10025015

BeachesMLS

APN: 49-42-06-18-0090

Florida Broward County Margate 33068 Margate Estates

5575 SW 7th Place, Margate, FL

This home is located at 5575 SW 7th Place, Margate, FL 33068 and is currently priced at $175,000, approximately $87 per square foot. This property was built in 1979. 5575 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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes