NOT LISTED FOR SALE

6810 SW 7th St Margate, FL 33068

Fair Gate Neighborhood

Estimated Value: $10,963,680

111 Beds
-- Bath
23,591 Sq Ft
$465/Sq Ft Est. Value

About This Home

This home is located at 6810 SW 7th St, Margate, FL 33068 and is currently priced at $10,963,680, approximately $464 per square foot. 6810 SW 7th St is a home located in Broward County with nearby schools including Morrow Elementary School, Silver Lakes Middle School, and Coconut Creek High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2023
Sold by
Caring Villages Propco Llc and Zs Cypress Holdings Llc
Bought by
Caring Villages Propco Llc and Zs Cypress Holdings Llc
Current Estimated Value
$10,963,680

Purchase Details

Closed on
Dec 1, 2022
Sold by
Cv Margate Holding Llc
Bought by
Caring Villages Propco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,825,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2020
Sold by
Vip Care Propco Llc
Bought by
Cv Margate Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,750,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2018
Sold by
Vip Care Real Estate Llc
Bought by
Vip Care Propco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.4%

Purchase Details

Closed on
Aug 1, 2014
Sold by
V I P Care Pavilion Ltd
Bought by
Vip Care Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,877,500
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2004
Sold by
Atlas Partners
Bought by
Vip Care Pavilion Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
5.49%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 11, 2000
Sold by
Santomassino Joseph
Bought by
Atlas Partners

Purchase Details

Closed on
May 28, 1998
Sold by
Santomassino Frank N and Santomassino Rose
Bought by
Santomassino Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1984
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Caring Villages Propco Llc $494,000 None Listed On Document
Caring Villages Propco Llc $11,000,000 --
Cv Margate Holding Llc $7,000,000 Attorney
Vip Care Propco Llc $2,100,000 --
Vip Care Real Estate Llc -- Attorney
Vip Care Pavilion Ltd $2,900,000 --
Atlas Partners $20,000 --
Santomassino Joseph $100 --
Available Not $57,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caring Villages Propco Llc $9,825,000
Previous Owner Cv Margate Holding Llc $4,750,000
Previous Owner Vip Care Propco Llc --
Previous Owner Vip Care Real Estate Llc $3,877,500
Previous Owner V I P Care Pavilion Ltd $2,900,000
Previous Owner V I P Care Pavilion Ltd $898,300
Previous Owner Vip Care Pavilion Ltd $2,900,000
Previous Owner Santomassino Joseph $750,000
Closed Vip Care Pavilion Ltd $500,000
Source: Public Records

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 $142,488 $5,795,590 $603,540 $5,192,050
2024 $138,546 $5,795,590 $603,540 $5,192,050
2023 $138,546 $5,551,420 $603,540 $4,947,880
2022 $108,719 $4,245,660 $603,540 $3,642,120
2021 $109,180 $4,245,660 $603,540 $3,642,120
2020 $76,396 $2,751,780 $603,540 $2,148,240
2019 $76,836 $2,751,780 $603,540 $2,148,240
2018 $79,730 $3,017,170 $603,540 $2,413,630
2017 $80,683 $3,017,170 $0 $0
2016 $71,296 $3,017,170 $0 $0
2015 $72,921 $3,014,610 $0 $0
2014 $73,967 $3,014,610 $0 $0
2013 -- $3,014,610 $603,540 $2,411,070
Source: Public Records

Map

Florida Broward County Margate 33068 Fair Gate

6810 SW 7th St, Margate, FL

This home is located at 6810 SW 7th St, Margate, FL 33068 and is currently priced at $10,963,680, approximately $464 per square foot. 6810 SW 7th St is a home located in Broward County with nearby schools including Morrow Elementary School, Silver Lakes 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.

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