6285 Island Way Margate, FL 33063
Coral Bay NeighborhoodEstimated Value: $409,354 - $474,000
            
                --
                Bed
            
            
            
                --
                Bath
            
            
            
                1,290
                Sq Ft
            
            
                
                    $354/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 6285 Island Way, Margate, FL 33063 and is currently estimated at $456,589, approximately $353 per square foot. 6285 Island Way is a home located in Broward County with nearby schools including Margate Elementary School, Margate Middle School, and Coral Springs High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Aug 21, 2020
            
        
                Sold by
            
            
                Steele Barrington
            
        
                Bought by
            
            
                Lew Tracy G
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Nov 21, 2003
            
        
                Sold by
            
            
                Jacob Baby and Jacob Kutty Baby
            
        
                Bought by
            
            
                Steele Barrington and Lew Tracy
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $156,800
            
        
                Outstanding Balance
            
            
                $85,930
            
        
                Interest Rate
            
            
                8.7%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
                Estimated Equity
            
            
                $370,659
            
        Purchase Details
                Closed on
            
            
                Oct 7, 1998
            
        
                Sold by
            
            
                Dickens Scott Paul
            
        
                Bought by
            
            
                Jacob Baby and Jacob Achamma K
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $84,000
            
        
                Interest Rate
            
            
                6.95%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Dec 4, 1995
            
        
                Sold by
            
            
                Rykman Alexander and Rykman Emma
            
        
                Bought by
            
            
                Dickens Scott P
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $94,500
            
        
                Interest Rate
            
            
                7.31%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Nov 30, 1993
            
        
                Sold by
            
            
                Bravo F N Dev Co
            
        
                Bought by
            
            
                Rykman Alexander and Rykman Emma
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $103,824
            
        
                Interest Rate
            
            
                6.81%
            
        
                Mortgage Type
            
            
                FHA
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Lew Tracy G | -- | None Available | |
| Steele Barrington | $196,000 | Advantage Title & Escrow Inc | |
| Jacob Baby | $105,000 | -- | |
| Dickens Scott P | $105,000 | -- | |
| Rykman Alexander | $105,200 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Steele Barrington | $156,800 | |
| Previous Owner | Rykman Alexander | $84,000 | |
| Previous Owner | Rykman Alexander | $94,500 | |
| Previous Owner | Rykman Alexander | $103,824 | |
| Closed | Steele Barrington | $39,200 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $4,716 | $179,000 | -- | -- | 
| 2024 | $4,644 | $173,960 | -- | -- | 
| 2023 | $4,644 | $168,900 | $0 | $0 | 
| 2022 | $4,496 | $163,990 | $0 | $0 | 
| 2021 | $4,262 | $159,220 | $0 | $0 | 
| 2020 | $4,211 | $157,030 | $0 | $0 | 
| 2019 | $4,156 | $153,500 | $0 | $0 | 
| 2018 | $3,987 | $150,640 | $0 | $0 | 
| 2017 | $3,956 | $147,550 | $0 | $0 | 
| 2016 | $3,781 | $144,520 | $0 | $0 | 
| 2015 | $3,843 | $143,520 | $0 | $0 | 
| 2014 | $3,853 | $142,390 | $0 | $0 | 
| 2013 | -- | $154,480 | $21,820 | $132,660 | 
                Source: Public Records
                    
            
        Map
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