NOT LISTED FOR SALE

615 S State Road 7 Unit 2D Margate, FL 33068

Fair Gate Neighborhood

Estimated Value: $134,827 - $165,000

2 Beds
2 Baths
1,005 Sq Ft
$250/mo HOA Fee

Last Sold April 29, 2014

Last sale price $53,500 $53 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,335/month

80 Days on Market

Highlights

  • Newly Remodeled
  • Community Pool
  • Guest Parking
  • Garden View
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of April 2014

THIS IS A SECOND FLOOR UNIT WITH 2 BEDROOMS AND 2 BATHS. THE HOME FEATURES AN OPEN LAYOUT AND A SCREENED IN BALCONY WITH A GARDEN VIEW. IT IS CENTRALLY LOCATED AND CLOSE TO SHOPPING, DINING, THE CASINO & MORE. ALL AGES AND SMALL PETS WELCOME. THIS IS A FA NNIE MAE HOMEPATH PROPERTY. PURCHASE THIS PROPERTY FOR AS LITTLE AS 5% DOWN! APPROVED FOR HOMEPATH MTG AND/OR HOMEPATH RENOVATION MTG FINANCING. *THE SELLER HAS DIRECTED THAT ALL OFFERS MUST BE MADE ON HOMEPATH WEBSITE.

Last Agent to Sell the Property

Christine Hansen Vargas

South Florida Home Sales License #3095665 Listed on: 01/08/2014

Last Buyer's Agent

Christine Hansen

South Florida Home Sales

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $519

Year Built

  • Built in 1979 | Newly Remodeled

Lot Details

  • 1.1

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Guest Parking

Interior Spaces

  • 1,005 Sq Ft Home
  • 1-Story Property
  • Garden Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494101AH0110

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, pool(s)
  • 220 Units
  • Applegreen Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$519

Year Built

Built in 1979 | Newly Remodeled

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: ON NORTHWEST CORNER OF 7 ST AND ST RD 7 ABOUT 1/2 MILE SOUTH OF SOUTHTGATE BLVD.
  • Year Built: 1979
  • Carport Y N: No
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 1026
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Second Floor Entry
  • Appliances: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1005.0
  • Stories: 2

Exterior Features

  • View: Garden
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Senior Community: No
  • Amenities: Pool
  • Association #2 Fee: 250.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No, Pet Restrictions

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Pool(s)

Lot Info

  • Parcel #: 494101AH0110

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 519.0

Multi Family

  • Number Of Units In Community: 220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
Apr 28, 2014
Sold by
Federal National Mortgage Association
Bought by
Campbell Leith
Seller's Agent
Christine Hansen Vargas
South Florida Home Sales
Buyer's Agent
Christine Hansen
South Florida Home Sales
List Price
$49,900
Sold Price
$53,500
Premium/Discount to List
$3,600
7.21%
Current Estimated Value
$154,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,707
Avg. Annual Appreciation
10.61%
Original Mortgage
$42,880
Outstanding Balance
$33,749
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$131,468

Purchase Details

Closed on
Jan 2, 2014
Sold by
Ahmed Almas
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 13, 2000
Sold by
Buzney Robert S
Bought by
Ahmed Sohal and Ahmed Almas
Source: Public Records

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Range of Values:

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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
Campbell Leith $53,600 Attorney
Federal National Mortgage Association $29,000 None Available
Ahmed Sohal $43,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Leith $42,880
Previous Owner Ahmed Sohal $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2014 04/29/14 Sold $53,500 +7.2% $53 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $49,900 -- $50 / 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 $2,748 $117,190 -- --
2024 $2,594 $117,190 -- --
2023 $2,594 $96,860 $0 $0
2022 $2,217 $88,060 $8,810 $79,250
2021 $791 $47,440 $0 $0
2020 $776 $46,790 $0 $0
2019 $756 $45,740 $0 $0
2018 $718 $44,890 $0 $0
2017 $705 $43,970 $0 $0
2016 $620 $43,070 $0 $0
2015 $655 $43,990 $0 $0
2014 $1,030 $35,030 $0 $0
2013 -- $24,040 $2,400 $21,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1271055

BeachesMLS (Greater Fort Lauderdale)

APN: 49-41-01-AH-0110