NOT LISTED FOR SALE

5587 SW 8th Place Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $544,221 - $595,000

3 Beds
2 Baths
1,808 Sq Ft
$314/Sq Ft Est. Value

About This Home

This home is located at 5587 SW 8th Place, Margate, FL 33068 and is currently estimated at $567,305, approximately $313 per square foot. 5587 SW 8th Place is a home located in Broward County with nearby schools including Liberty Elementary School, Margate Middle School, and Coconut Creek High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2010
Sold by
Palacios Eli Salvador
Bought by
Bosse Junel
Current Estimated Value
$567,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,304
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2006
Sold by
Herald Lafayette A and Herald Barbara
Bought by
Palacios Eli Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 1, 1991
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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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
Bosse Junel $184,000 Capital Abstract & Title
Palacios Eli Salvador $350,000 Capital Abstract & Title
Available Not $88,286 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bosse Junel $207,200
Closed Bosse Junel $181,304
Previous Owner Palacios Eli Salvador $315,000
Previous Owner Herald Lafayette A $215,000
Previous Owner Herald Lafayette A $35,000
Previous Owner Herald Lafayette A $164,000
Previous Owner Herald Lafayette A $35,000
Source: Public Records

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 $4,171 $187,300 -- --
2024 $4,096 $182,030 -- --
2023 $4,096 $176,730 $0 $0
2022 $3,930 $171,590 $0 $0
2021 $3,843 $166,600 $0 $0
2020 $3,789 $164,300 $0 $0
2019 $3,732 $160,610 $0 $0
2018 $2,723 $157,620 $0 $0
2017 $2,692 $154,380 $0 $0
2016 $2,607 $151,210 $0 $0
2015 $2,673 $150,160 $0 $0
2014 $2,684 $148,970 $0 $0
2013 -- $191,420 $32,380 $159,040
Source: Public Records

Map

Florida Broward County Margate 33068 Margate Estates

5587 SW 8th Place, Margate, FL

This home is located at 5587 SW 8th Place, Margate, FL 33068 and is currently estimated at $567,305, approximately $313 per square foot. 5587 SW 8th 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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