NOT LISTED FOR SALE

607 S State Road 7 Unit 1H Margate, FL 33068

Fair Gate Neighborhood

Estimated Value: $123,730 - $169,000

2 Beds
2 Baths
940 Sq Ft
$282/mo HOA Fee

Last Sold November 04, 2022

Last sale price $113,000 $120 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,236/month

8 Days on Market

Highlights

  • Senior Community
  • Garden View
  • Tennis Courts
  • Clubhouse
  • Community Pool
  • Walk-In Closet

About This Home

As of November 2022

WATCH THE SLIDESHOW. Great Opportunity for a homeowner or investor alike. Applegreen is a 55+ Adult Community centrally located in close proximity to shopping, transportation, restaurants and more. This unit has a highly desirable 1st-floor location, away from State Rd 7. There is one assigned parking spot right outside your door, and plenty of guest parking. There is a laundry room on the 1st floor, so you never have to walk up any stairs. The enclosed patio also overlooks a large sprawling green space. The unit needs updating but is priced accordingly. The kitchen has already been opened up and the pizza window is gone. The low dues include your water, insurance, trash removal, the roof, and use of the pool & tennis court. No persons under 18, no pets, and can rent the unit right away.

Last Agent to Sell the Property

Thomas Carroll

Assist-2-Sell-Sell & Buy Rlty License #679890 Listed on: 09/21/2022

Co-Listed By

Don Marton

Assist-2-Sell-Sell & Buy Rlty License #0687472

Last Buyer's Agent

Matilde Herrera

American Dream Properties of S License #0628030

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $300

Year Built

  • Built in 1974

Lot Details

  • Northeast Facing Home

HOA Fees

  • $282 Monthly HOA Fees

Parking

  • Guest Parking

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494101AC0700

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, insurance, laundry, ground maintenance, maintenance structure, parking, pool(s), recreation facilities, reserve fund, roof, sewer, trash, water
  • Applegreen Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$300

Year Built

Built in 1974

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 441 / SR 7, South of Atlantic. West on SW 7th St, then a right turn into the community. The unit is straight ahead on the left side.
  • Year Built: 1974
  • Carport Y N: No
  • Entry Level: 1
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry, Main Level Master, Main Living Area Entry Level, Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 940.0
  • Stories: 2

Exterior Features

  • View: Garden
  • Pool Features: Association
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block
  • Direction Faces: Northeast
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, One Space

Utilities

  • Laundry Features: Common Area
  • Security: Other
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 282.0
  • Community Features: Non-Gated
  • Senior Community: Yes
  • Amenities: Clubhouse, Laundry, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No, Pet Restrictions

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 494101AC0700

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Oct 28, 2022
Sold by
Lopez Jaime
Bought by
Lopez Jaime and Franco Maria Josefa
Seller's Agent
Thomas Carroll
Assist-2-Sell-Sell & Buy Rlty
Buyer's Agent
Matilde Herrera
American Dream Properties of S
List Price
$134,000
Sold Price
$113,000
Premium/Discount to List
-$21,000
-15.67%
Current Estimated Value
$131,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,766
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Jul 25, 1995
Sold by
Waldman Marvin and Goldman Rita
Bought by
Lopez Gerardo and Lopez Esneda

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
7.48%

Purchase Details

Closed on
Jan 18, 1995
Sold by
Waldman Dorothy and Waldman Leo
Bought by
Waldman Marvin and Goldman Rita
Source: Public Records

Range of Values:

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Average Value
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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
Lopez Jaime $113,000 --
Lopez Gerardo $30,000 --
Waldman Marvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Gerardo $68,500
Previous Owner Lopez Gerardo $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $113,000 -15.7% $120 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $134,000 -- $143 / 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 $3,060 $127,000 $12,700 $114,300
2024 $2,394 $127,000 $12,700 $114,300
2023 $2,394 $83,840 $0 $0
2022 $1,960 $76,220 $7,620 $68,600
2021 $300 $17,680 $0 $0
2020 $300 $17,440 $0 $0
2019 $300 $17,050 $0 $0
2018 $300 $16,740 $0 $0
2017 $300 $16,400 $0 $0
2016 $225 $16,070 $0 $0
2015 $225 $15,960 $0 $0
2014 $225 $15,840 $0 $0
2013 -- $24,680 $2,470 $22,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10348978

BeachesMLS (Greater Fort Lauderdale)

APN: 49-41-01-AC-0700