NOT LISTED FOR SALE

884 SW 55th Terrace Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $481,000 - $524,068

3 Beds
2 Baths
1,472 Sq Ft
$338/Sq Ft Est. Value

About This Home

This home is located at 884 SW 55th Terrace, Margate, FL 33068 and is currently estimated at $497,017, approximately $337 per square foot. 884 SW 55th Terrace is a home located in Broward County with nearby schools including Liberty Elementary School, Margate Middle School, and Coconut Creek High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Smith Michael J and Smith Sabrina
Bought by
Smith Michael J and Smith Sabrina
Current Estimated Value
$497,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$165,117
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2012
Sold by
Grosswiler David P and Davis Lorraine A
Bought by
Smith Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,950
Interest Rate
3.68%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2005
Sold by
Available Not
Bought by
Available Not

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 1, 1991
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Smith Michael J -- Lawyers Land And Title Co
Smith Michael J $168,000 Florida Title Professionals
Available Not $305,000 --
Available Not $91,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael J $180,000
Closed Smith Michael J $25,000
Closed Smith Michael J $164,950
Previous Owner Grosswiler David P $49,227
Previous Owner Grosswiler David P $274,500
Previous Owner Scott William E $225,900
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 $3,450 $192,930 -- --
2024 $3,374 $187,500 -- --
2023 $3,374 $182,040 $0 $0
2022 $3,213 $176,740 $0 $0
2021 $3,122 $171,600 $0 $0
2020 $3,068 $169,240 $0 $0
2019 $3,009 $165,440 $0 $0
2018 $2,823 $162,360 $0 $0
2017 $2,791 $159,030 $0 $0
2016 $2,707 $155,760 $0 $0
2015 $2,775 $154,680 $0 $0
2014 $2,788 $153,460 $0 $0
2013 -- $151,200 $24,350 $126,850
Source: Public Records

Map

Florida Broward County Margate 33068 Margate Estates

884 SW 55th Terrace, Margate, FL

This home is located at 884 SW 55th Terrace, Margate, FL 33068 and is currently estimated at $497,017, approximately $337 per square foot. 884 SW 55th Terrace is a home located in Broward County with nearby schools including Liberty Elementary School, Margate Middle School, and Coconut Creek High School.

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