NOT LISTED FOR SALE

620 SW 51st Ave Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $430,000 - $551,000

4 Beds
2 Baths
1,618 Sq Ft
$298/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $185,000 $114 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $3,002/month

41 Days on Market

Highlights

  • Garden View
  • No HOA
  • Tile Flooring
  • Sun or Florida Room
  • Laundry in Utility Room
  • 1-Story Property

About This Home

As of March 2016

This is not a short sale or foreclosure.

Last Agent to Sell the Property

Aziz Charania

MMLS Assoc.-Inactive Member License #3132256 Listed on: 02/05/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 1971

Lot Details

  • 6,604 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Property is zoned R-1C

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,618 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Tile Flooring
  • Garden Views
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Margate Estates Sec 2 51 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494206030870

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,308

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Google Maps
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: Margate Estates Sec 2 51-
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Stacked Bedroom, Florida Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1618
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Living Room Features: Florida Room, Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Margate Estates Sec 2 51-
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494206030870
  • Lot Size Sq Ft: 6604
  • Zoning: R-1C
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Busgith Anthony K and Busgith Bibi N
Bought by
Busgith Richard F and Aisuran Annmarie
Current Estimated Value
$482,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$177,894
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$299,980

Purchase Details

Closed on
Mar 31, 2017
Sold by
Busgith Richard F and Busgith Anthony K
Bought by
Busgith Richard F and Aisuran Annmarie

Purchase Details

Listed on
Feb 5, 2016
Closed on
Mar 31, 2016
Sold by
Florida Real Estae Investors Fund Llc
Bought by
Busgith Richard F and Busgith Anthony K
Seller's Agent
Aziz Charania
MMLS Assoc.-Inactive Member
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$175,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2016
Closed on
Mar 1, 2016
Bought by
Busgith Richard F H and Busgith E
Seller's Agent
Aziz Charania
MMLS Assoc.-Inactive Member
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2016
Sold by
Bolanos Jose and Pena Martha C
Bought by
Florida Real Estate Investors Fund Llc

Purchase Details

Closed on
Jun 2, 2005
Sold by
Discount Properties Llc
Bought by
Bolanos Jose and Pena Marta C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,375
Interest Rate
5.7%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2004
Sold by
Landmark Holdings Inc
Bought by
Discount Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.66%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 30, 2004
Sold by
Lopez Vicky L
Bought by
Landmark Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.66%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 14, 2001
Sold by
Lopez Ruben
Bought by
Lopez Vicky

Purchase Details

Closed on
Jan 1, 1993
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
Busgith Richard F -- Americas Title Corp
Busgith Richard F -- Global Title Services Of Sou
Busgith Richard F $185,000 Global Title Services Of Sou
Busgith Richard F H -- --
Florida Real Estate Investors Fund Llc $138,800 None Available
Bolanos Jose $232,000 All Property Title & Escrow
Discount Properties Llc $162,500 --
Landmark Holdings Inc $124,100 --
Lopez Vicky -- --
Available Not $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busgith Richard F $204,000
Closed Busgith Richard F $175,750
Previous Owner Bolanos Jose $228,375
Previous Owner Discount Properties Llc $155,000
Previous Owner Lopez Vicky T $9,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $185,000 -7.5% $114 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
03/06/2016 03/06/16 Price Changed $199,900 0.0% $124 / Sq Ft
03/06/2016 03/06/16 For Sale $199,900 +5.3% $124 / Sq Ft
02/28/2016 02/28/16 Pending -- -- --
02/17/2016 02/17/16 Price Changed $189,900 -5.0% $117 / Sq Ft
02/04/2016 02/04/16 For Sale $199,900 -- $124 / 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 $4,451 $240,290 -- --
2024 $4,358 $233,520 -- --
2023 $4,358 $226,720 $0 $0
2022 $4,157 $220,120 $0 $0
2021 $4,044 $213,710 $0 $0
2020 $3,866 $205,780 $0 $0
2019 $3,392 $182,840 $0 $0
2018 $3,182 $179,440 $0 $0
2017 $3,148 $175,750 $0 $0
2016 $3,722 $160,190 $0 $0
2015 $1,308 $89,830 $0 $0
2014 $1,310 $89,120 $0 $0
2013 -- $90,460 $19,810 $70,650
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Aziz Charania

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10028909

MIAMI REALTORS® MLS

APN: 49-42-06-03-0870

Florida Broward County Margate 33068 Margate Estates

620 SW 51st Ave, Margate, FL

This home is located at 620 SW 51st Ave, Margate, FL 33068 since 05 February 2016 and is currently estimated at $482,809, approximately $298 per square foot. This property was built in 1971. 620 SW 51st 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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