525 SW 61st Terrace Margate, FL 33068
Fair Gate Neighborhood
2
Beds
2
Baths
1,364
Sq Ft
4,409
Sq Ft Lot
Highlights
- Fruit Trees
- Garden View
- Den
- Room in yard for a pool
- Attic
- Porch
About This Home
As of February 2025Discover Your Serene Oasis in Margate ! This charming , renovated 2-bedroom, 2- bathroom offers the perfect blend of comfort and convenience. NO HOA. Every detail has been meticulously crafted, an open kitchen w/modern cabinets, quartz counters, a large living room/dining room area and a split bedroom floor plan, bathrooms have been completely updated, title flooring throughout the house. HIGH IMPACT DOORS AND WINDOWNS , the garage was converted in a 3rd bedroom with bathroom. Private fenced in patio, space for a pool, perfect for entertainment. Nestled within a tranquil community, you'll enjoy easy access to schools, shopping, and dining. Can be rented right away. Don't miss this opportunity!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,738
Year Built
- Built in 1978
Lot Details
- 4,409 Sq Ft Lot
- East Facing Home
- Fenced
- Fruit Trees
- Property is zoned R-2
Parking
- 1 Car Attached Garage
- Driveway
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,364 Sq Ft Home
- 1-Story Property
- Custom Mirrors
- Family Room
- Den
- Utility Room
- Tile Flooring
- Garden Views
- Attic
Kitchen
- Self-Cleaning Oven
- Microwave
- Ice Maker
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Impact Glass
- Fire and Smoke Detector
Outdoor Features
- Room in yard for a pool
- Open Patio
- Porch
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- Applegreen Sub 77 38 B Subdivision
Listing and Financial Details
- Assessor Parcel Number 494101200090
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2025 02/07/25 | Sold | $365,000 | +2.9% | $268 / Sq Ft |
| 12/17/2024 12/17/24 | For Sale | $354,800 | +102.7% | $260 / Sq Ft |
| 03/26/2019 03/26/19 | Sold | $175,000 | -12.5% | $128 / Sq Ft |
| 02/24/2019 02/24/19 | Pending | -- | -- | -- |
| 12/18/2018 12/18/18 | For Sale | $200,000 | -- | $147 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
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 | $7,214 | $227,960 | -- | -- |
| 2024 | $6,738 | $227,960 | -- | -- |
| 2023 | $6,738 | $187,020 | $0 | $0 |
| 2022 | $5,871 | $170,020 | $0 | $0 |
| 2021 | $5,514 | $154,570 | $0 | $0 |
| 2020 | $3,370 | $140,520 | $17,640 | $122,880 |
| 2019 | $2,868 | $155,810 | $17,640 | $138,170 |
| 2018 | $2,201 | $90,380 | $13,230 | $77,150 |
| 2017 | $2,156 | $86,700 | $0 | $0 |
| 2016 | $2,028 | $78,820 | $0 | $0 |
| 2015 | $1,985 | $71,660 | $0 | $0 |
| 2014 | $1,885 | $65,150 | $0 | $0 |
| 2013 | -- | $61,330 | $12,120 | $49,210 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $358,388 | FHA | |
| Previous Owner | $37,546 | FHA | |
| Previous Owner | $171,830 | FHA | |
| Previous Owner | $93,000 | New Conventional | |
| Previous Owner | $91,000 | Unknown | |
| Previous Owner | $74,421 | FHA |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $365,000 | Assure America Title | |
| Warranty Deed | $175,000 | Attorney | |
| Warranty Deed | $75,600 | Prestige Title & Research Co | |
| Quit Claim Deed | $26,657 | -- |
Source: Public Records
Similar Homes in Margate, FL
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10475273
APN: 49-41-01-20-0090
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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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