62 TER, MG, FL 330632725

Parcel: 484125050150 · 01 · Zoning:

Assessed Value (2026)
$276,310

Property Details

Year Built
1960
Lot Sqft
7,500

Sales History

1
$5,486
1959-10-01
2
$18,386+235%
1977-06-01
3
$275,000+1396%
2017-06-30

Tax Assessment History

$276,310
Assessed (2026)
$438,630
Market Value
$226,310
Taxable Value
$4,607
Annual Tax
2025
$497,269
$0
2026
$276,310
$438,630
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $276,310 $438,630 $226,310 $4,607
2025 $497,269 $ $218,270 $4,444

About 62 TER, MG, FL 330632725

62 TER, MG, FL 330632725 is a property built in 1960 on a 7,500 square foot lot. The property is currently owned by VARELA,VICTOR M, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2017-06-30 for $275,000. The property has appreciated $256,614 (1396%) since the prior sale of $18,386 on 1977-06-01. There are 3 recorded sales for this property.

The 2026 assessed value is $276,310 with a market value of $438,630. This breaks down to $41,250 for the land and $397,380 for the building. The assessed value decreased 44% from $497,269 in 2025.

There are active mortgage liens totaling $147,863 recorded against this property. 62 TER, MG, FL 330632725 is located in MG, Florida. Property records, tax assessments, sales history, and ownership information for this MG property are sourced from broward County public records.

The complete ownership history of this property spans from 1959 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 100% of the most recent sale price..

Current Owner

VARELA,VICTOR M
1600 NW 62 TER, MARGATE, FL, 33063
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$3,549 — $6,574
Flood $400 — $800
Property/Wind $3,149 — $5,774

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood 33063

73.8%
Owner-Occ
26.2%
Investor
262
Flips (4yr)
6,072
New Biz (3yr)
Distress Risk
HIGH
64
View full risk analysis →

Mortgages

ACTIVE
$150,200
~$147,863 bal.
ROCKET MORTGAGE LLC · 2025-10-20
Est. Total Balance $147,863
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.