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$529,094Estimated home value

Beds
3
Baths
2.5
sq ft
1,500

641 SW 50th Ave, Margate, FL 33068

641 SW 50th Ave

Margate, FL 33068

  • Sold On 9/15/2022
    • Price drop $9,000↓
Stunning pool home, completely remodeled in 2021. 47”x24” porcelain flooring. Kitchen with granite/quartzite countertop, waterfall edge& marble in the bathrooms. LG stainless steel appliances& stainless-steel oil rubbed bronze in all metals of the kit and bath. Open concept space includes a Liv room with a panel fireplace in stone marble. Master bedroom with barn door entry, large walk-in closet& French door with pool view. Huge laundry room& pantry. New electrical panel, hot WH, central AC & light fixtures. Hurricane impact doors& windows. Driveway& porch in Old Chicago brick. Outdoor kitchen barbecue area.Heated pool with a sun bench& deck with travertine marble. Side yard space to park RV, boat or trailer. Tropical paradise backyard with fruits, palm trees& extensive variety of plants.

Details

Property type

Single Family Residence

Est. home value

$529,094

Lot size

7,705 sq ft

Price per sq ft

$394

Year built

1976

Annual property taxes

$4,008

Monthly HOA fee

$13.33

Price History

02/01/2025
SEF

SEF #A11625626

Removed
$600,000
08/15/2024
SEF

SEF #A11625626

Price change
$600,000
-4.76%
07/17/2024
SEF

SEF #A11625626

Listed
$630,000
+14.55%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Playground, Park, Street Lights, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$42,545
Asking price
$590,000
Closing costs (~8% of asking)
-$47,200
Est. remaining loan balance
-$500,255
Cash to seller
$42,545

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ps Financial Services Llc

Loan start date

September 2022

Original loan amount

$517,750

Est. remaining balance

$500,255

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Pablo Hernan Vargas Guillen and Carlos G Ahumada

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 02/02/2025 at 1:00 PM

Listing updated: 03/23/2023 at 12:37 PM

Listed by: Mafalda Alves, Elite Sales Group Phone #: (305) 554-1544

MLS: Beaches #F10324502

Beaches logo

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