NOT LISTED FOR SALE

615 S State Road 7 Unit 3F Margate, FL 33068

Fair Gate Neighborhood

Estimated Value: $117,000 - $162,000

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

Last Sold July 31, 2013

Last sale price $37,000 $37 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $1,068/month

22 Days on Market

Highlights

  • Garden View
  • Tennis Courts
  • Guest Parking
  • Community Pool
  • Screened Balcony
  • Central Heating and Cooling System

About This Home

As of July 2013

This is a third floor unit with 2 bedrooms and 2 baths. The home features a screened in balcony with a garden view in back. Centrally located in Margate close to shopping and dining as well.This is a Fannie Mae HomePath property! Purchase this property f or as little as 3% down payment! This property approved for a HomePath Renovation Mortgage.

Last Agent to Sell the Property

John Milakovic

MMLS Assoc.-Inactive Member License #0708527 Listed on: 04/12/2013

Last Buyer's Agent

Nayda Reyes

Compass Florida, LLC License #3091849

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $225

Year Built

  • Built in 1979

Lot Details

  • 1.1

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,005 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Garden Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Parking Space
  • Guest Parking

Additional Features

  • Screened Balcony
  • West Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494101AH0200

Community Details

Overview

  • Low-Rise Condominium
  • Applegreen Condos

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$225

Year Built

Built in 1979

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Directions: 441 SOUTH OF ATLANTIC BLVD RIGHT ON SW 4TH ST. LEFT ON SW 61ST TER.THEN MAKE 2ND LEFT ON SW 6TH ST. COMMUNITY ON THE RIGHT.
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Third Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1005
  • Possible Use: Primary
  • Stories: 3
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden View
  • Exterior Features: Exterior Cat Walk, Screened Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: APPLEGREEN
  • Parking Features: 1 Space, Guest

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 250
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 494101AH0200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2013
Sold by
Federal National Mortgage Association
Bought by
Louis Joel and Bonitto Shannon
Total Days on Market
22
Current Estimated Value
$137,004

Purchase Details

Closed on
Apr 29, 2013
Sold by
Bank Of America National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 15, 2013
Sold by
Ramirez Julio
Bought by
Bank Of America National Association

Purchase Details

Closed on
Sep 11, 2006
Sold by
Ramirez Marta
Bought by
Ramirez Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.46%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 14, 2005
Sold by
Ramirez Julio C and Alzate Marta
Bought by
Ramirez Julio C and Alzate Marta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2002
Sold by
Diaz Rigoberto
Bought by
Ramirez Julio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,350
Interest Rate
6.98%

Purchase Details

Closed on
Nov 30, 2000
Sold by
Kudick Shirley
Bought by
Diaz Rigoberto
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
Louis Joel $37,000 Buyers Title Inc
Federal National Mortgage Association -- Buyers Title Inc
Bank Of America National Association $33,800 None Available
Ramirez Julio -- Nouvelle Title Services Inc
Ramirez Julio C -- Countywide Title Group Inc
Ramirez Julio C $55,000 Allegiance Title Of Fl Inc
Diaz Rigoberto $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Julio $105,200
Previous Owner Ramirez Julio $94,500
Previous Owner Ramirez Julio C $60,800
Previous Owner Ramirez Julio C $53,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $37,000 -8.2% $37 / Sq Ft
05/05/2013 05/05/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $40,300 -- $40 / 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 $697 $44,520 -- --
2024 $675 $43,270 -- --
2023 $675 $42,010 $0 $0
2022 $644 $40,790 $0 $0
2021 $620 $39,610 $0 $0
2020 $607 $39,070 $0 $0
2019 $590 $38,200 $0 $0
2018 $563 $37,490 $0 $0
2017 $550 $36,720 $0 $0
2016 $465 $35,970 $0 $0
2015 $468 $35,720 $0 $0
2014 $465 $35,440 $0 $0
2013 -- $24,320 $2,430 $21,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1773288

MIAMI REALTORS® MLS

APN: 49-41-01-AH-0200