NOT LISTED FOR SALE

601 SW 56th Ave Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $386,700 - $465,000

3 Beds
2 Baths
1,430 Sq Ft
$290/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $263,000 $184 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,622/month

245 Days on Market

Highlights

  • Room in yard for a pool
  • 1-Story Property
  • Attached Carport
  • Garden View

About This Home

As of December 2020

BUYER'S COULD NOT CLOSED, BACK ON THE MKT!! BEAUTIFULLY RENOVATED HOME. SPACIOUS 3 BEDROOM, 2 BATH HOME W/CARPORT W/ATTACHED LAUNDRY ROOM. THIS HOME IS READY FOR 1ST TIME HOME BUYERS, ALL NEW PLUMBING (NO MORE CAST IRON), NEW ROOF (2017), NEW ELECTRIC, NEW FLOORING, BEAUTIFUL KITCHEN CABINETS, STAINLESS STEEL APPLIANCES, GLASS TOP RANGE, TASTEFULLY DECORATED. MAKE THIS ONE A MUST SEE!

Last Agent to Sell the Property

Ana G. Benitez

Keller Williams Realty SW License #695248 Listed on: 02/23/2020

Keller Williams Realty SW

Last Buyer's Agent

Eugene Dison

Florida Best Realty, Inc. License #0699247

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,984

Year Built

  • Built in 1959

Lot Details

  • 8,364

Parking

  • Attached Carport

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Garden Views

Pool

  • Room in yard for a pool

Listing and Financial Details

  • Assessor Parcel Number 494206020060

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,984

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Internet Remarks: BEAUTIFUL HOME
  • Property Type: Single Family
  • Restrictions: Ok To Lease
  • Year Built: 1959
  • Property Sq Ft: 8371
  • Year Built Description: Resale
  • Zoning Information: RES
  • Flood Zone: X
  • Furnished Info Sold: Unfurnished
  • Intended Use: Primary
  • Lp Amt Sq Ft: 250.0000
  • Neighborhoods: MARGATE ESTATES
  • Ratio Close Price By List Price: 0.95636
  • Style: R30-No Pool/No Water
  • Website: www.AnaBenitez.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Front Exposure: East
  • Bedroom Description: Entry Level, Master Bedroom Ground Level
  • Dining Description: Formal Dining, Snack Bar/Counter
  • Interior Amenities: First Floor Entry
  • Design: Detached
  • Adjusted Area Sq Ft: 1175
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Cable Available Yn: Yes
  • Design Description: One Story
  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Sq Ft Liv Area: 1100
  • Total Sq Ft: 1430

Exterior Features

  • View: Garden View
  • Construction Type: Cbs Construction
  • Roof Description: Shingle Roof
  • Exterior Features: Room For Pool

Garage/Parking

  • Parking Description: Driveway
  • Carport Description: Attached

Utilities

  • Sewer Description: Municipal Sewer
  • Cooling Description: Central Cooling
  • Heating Description: Central Heat
  • Water Description: Municipal Water

Condo/Co-op/Association

  • Floor Description: Tile Floors, Wood Floors
  • Subdivision Complex Bldg: MARGATE ESTATES SEC 1
  • Housing Older Persons Act: No Hopa

Lot Info

  • Lot Description: Less Than 1/4 Acre Lot
  • Geographic Area: North Broward 441 To Everglades (3611-3642)
  • Parcel Number: 494206020060
  • Lot Sq Footage: 8371
  • Parcel Number Mlx: 0060

Rental Info

  • Pet Restriction: More Than 20 Lbs
  • Pets Allowed: Yes

Tax Info

  • Tax Information: Tax Reflects Homestead Tax
  • Tax Amount: 3333
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2020
Closed on
Dec 7, 2020
Sold by
Molina Orestes and Molina Rolando L
Bought by
Arroliga Hector Jose and Medina Tanya
Seller's Agent
Ana G. Benitez
Keller Williams Realty SW
Buyer's Agent
Eugene Dison
Florida Best Realty, Inc.
List Price
$279,900
Sold Price
$263,000
Premium/Discount to List
-$16,900
-6.04%
Current Estimated Value
$414,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,175
Avg. Annual Appreciation
10.03%
Original Mortgage
$255,183
Outstanding Balance
$227,189
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$186,986

Purchase Details

Listed on
Mar 22, 2017
Closed on
Sep 1, 2017
Sold by
House Way Investment Holding Corp
Bought by
Molina Orestes J and Molina Rolando L
Seller's Agent
Carla Martinez
Jade International Realty LLC
Buyer's Agent
Nazario Monzon
Florida One Realty
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$211,105
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 23, 2016
Closed on
Nov 2, 2016
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Wythe Capital Trust Llc
Seller's Agent
Stephen Sibiga
MMLS Assoc.-Inactive Member
Buyer's Agent
Joshua Bloom
Meridian Trust Investments Inc
List Price
$89,000
Sold Price
$97,484
Premium/Discount to List
$8,484
9.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
153.59%

Purchase Details

Listed on
Jun 23, 2016
Closed on
Oct 27, 2016
Sold by
Wythe Capital Trust Llc
Bought by
House Way Investment Holding Corp
Seller's Agent
Stephen Sibiga
MMLS Assoc.-Inactive Member
Buyer's Agent
Joshua Bloom
Meridian Trust Investments Inc
List Price
$89,000
Sold Price
$97,484
Premium/Discount to List
$8,484
9.53%

Purchase Details

Listed on
Jun 23, 2016
Closed on
Oct 6, 2016
Sold by
Bank Of America Na
Bought by
Christiana Trusts
Seller's Agent
Stephen Sibiga
MMLS Assoc.-Inactive Member
Buyer's Agent
Joshua Bloom
Meridian Trust Investments Inc
List Price
$89,000
Sold Price
$97,484
Premium/Discount to List
$8,484
9.53%

Purchase Details

Listed on
Jun 23, 2016
Closed on
Oct 1, 2016
Bought by
Molina Orestes J
Seller's Agent
Stephen Sibiga
MMLS Assoc.-Inactive Member
Buyer's Agent
Joshua Bloom
Meridian Trust Investments Inc
List Price
$89,000
Sold Price
$97,484
Premium/Discount to List
$8,484
9.53%

Purchase Details

Closed on
Dec 1, 2015
Sold by
Mortgage Electronic and Eriksson Eliza B
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 27, 2006
Sold by
Eriksson Karl and Eriksson Eliza B
Bought by
Eriksson Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 2, 2004
Sold by
Eriksson Karl and Eriksson Eliza B
Bought by
Eriksson Karl and Eriksson Eliza B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 1999
Sold by
Butler Kenneth R and Butler Beth
Bought by
Eriksson Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,640
Interest Rate
6.9%
Mortgage Type
VA

Purchase Details

Closed on
Oct 1, 1991
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
Arroliga Hector Jose $263,000 Preferred Title
Molina Orestes J $215,000 Epic Title Group
Wythe Capital Trust Llc $77,500 None Available
House Way Investment Holding Corp $110,000 None Available
Christiana Trusts -- Premium Title Agency Inc
Molina Orestes J $100 --
Bank Of America Na $132,000 None Available
Eriksson Karl -- Attorney
Eriksson Karl -- --
Eriksson Karl $88,000 --
Available Not $62,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroliga Hector Jose $255,183
Previous Owner Molina Orestes J $12,646
Previous Owner Molina Orestes J $211,105
Previous Owner Eriksson Karl $28,500
Previous Owner Eriksson Karl $228,000
Previous Owner Eriksson Karl $85,500
Previous Owner Eriksson Karl $137,700
Previous Owner Eriksson Karl $22,000
Previous Owner Eriksson Karl $90,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $263,000 -4.4% $184 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/20/2020 10/20/20 Price Changed $275,000 +2.2% $192 / Sq Ft
07/20/2020 07/20/20 Price Changed $269,000 -3.9% $188 / Sq Ft
06/10/2020 06/10/20 For Sale $279,900 +6.4% $196 / Sq Ft
06/04/2020 06/04/20 Off Market $263,000 -- --
05/22/2020 05/22/20 For Sale $279,900 +6.4% $196 / Sq Ft
05/22/2020 05/22/20 Off Market $263,000 -- --
05/06/2020 05/06/20 For Sale $279,900 +6.4% $196 / Sq Ft
04/20/2020 04/20/20 Off Market $263,000 -- --
02/23/2020 02/23/20 For Sale $279,900 +30.2% $196 / Sq Ft
09/01/2017 09/01/17 Sold $215,000 0.0% $150 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/02/2017 05/02/17 Price Changed $215,000 -4.4% $150 / Sq Ft
05/01/2017 05/01/17 For Sale $225,000 +4.7% $157 / Sq Ft
03/29/2017 03/29/17 Off Market $215,000 -- --
03/22/2017 03/22/17 For Sale $225,000 +130.8% $157 / Sq Ft
10/27/2016 10/27/16 Sold $97,484 +9.5% $102 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
08/15/2016 08/15/16 Price Changed $89,000 0.0% $93 / Sq Ft
08/15/2016 08/15/16 For Sale $89,000 -6.3% $93 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $95,000 0.0% $99 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $95,000 0.0% $99 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $95,000 -- $99 / 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 $4,984 $265,520 -- --
2024 $4,882 $258,040 -- --
2023 $4,882 $250,530 $0 $0
2022 $4,661 $243,240 $0 $0
2021 $4,535 $236,160 $33,480 $202,680
2020 $3,397 $184,300 $0 $0
2019 $3,333 $180,160 $0 $0
2018 $3,342 $187,050 $33,480 $153,570
2017 $2,507 $103,400 $0 $0
2016 $3,115 $132,380 $0 $0
2015 $2,361 $84,550 $0 $0
2014 $1,991 $76,870 $0 $0
2013 -- $91,860 $25,110 $66,750
Source: Public Records

Agents Affiliated with this Home

  • Ana G. Benitez

    Seller's Agent in 2020

    Ana G. Benitez

    Keller Williams Realty SW

    (954) 874-2147

    1 in this area

    52 Total Sales

    Ana G. Benitez
    Section Image
  • Eugene Dison

    Buyer's Agent in 2020

    Eugene Dison

    Florida Best Realty, Inc.

    (718) 314-3282

    1 in this area

    24 Total Sales

    Eugene Dison
    Section Image
  • Carla Martinez

    Seller's Agent in 2017

    Carla Martinez

    Jade International Realty LLC

    (786) 999-9692

    57 Total Sales

    Carla Martinez
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Christian Silvestre

    MMLS Assoc.-Inactive Member

    Section Image
  • Nazario Monzon

    Buyer's Agent in 2017

    Nazario Monzon

    Florida One Realty

    (305) 469-0714

    9 Total Sales

    Nazario Monzon
    Section Image

  • S

    Seller's Agent in 2016

    Stephen Sibiga

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10834603

MIAMI REALTORS® MLS

APN: 49-42-06-02-0060

Florida Broward County Margate 33068 Margate Estates

601 SW 56th Ave, Margate, FL

This home is located at 601 SW 56th Ave, Margate, FL 33068 since 23 February 2020 and is currently estimated at $414,175, approximately $289 per square foot. This property was built in 1959. 601 SW 56th Ave 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.

MIAMI REALTORS® MLS 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.

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