NOT LISTED FOR SALE

6291 Island Way Margate, FL 33063

Coral Bay Neighborhood

Estimated Value: $499,000 - $571,000

4 Beds
2.5 Baths
2,113 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $285,900 $135 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,568/month

277 Days on Market

Highlights

  • Gated Community
  • Garden View
  • 2 Car Attached Garage
  • Roman Tub
  • Loft
  • Tile Flooring

About This Home

As of August 2016

One of the largest models in Coral Bay, 4 bedroom 2 1/2 bath with loft and 2 car garage. Entire first floor is tiled, bedrooms and loft have new carpet. Master bathroom has separate tub and shower with dual sinks. Interior has just been painted and new Central A/C installed. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Phyllis Lentz

Complete Real Estate Options License #0630673 Listed on: 09/30/2015

Co-Listed By

Mark Lentz

Complete Real Estate Options License #0623877

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,169

Year Built

  • Built in 1994

Lot Details

  • East Facing Home
  • Fenced

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,113 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Loft
  • Garden Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Roman Tub

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484124330620

Community Details

Overview

  • Coral Bay Replat Sec 1 Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,169

Year Built

Built in 1994

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 441/ST RD 7 TO 31 STREET WEST TO GATE FOLLOW BAY DRIVE TO SEAGRAPE TURN LEFT AND STAY LEFT AT FORK TO PROPERTY.
  • Year Built: 1994
  • Architectural Style: Detached, Two Story
  • Carport Y N: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: 5120
  • Stories: 2

Interior Features

  • Interior Amenities: First Floor Entry, Garden Tub/Roman Tub, Living/Dining Room, Pantry, Upper Level Master, Loft
  • Appliances: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Living Area: 2113.0
  • Dining Room Type: Family Room, Loft

Exterior Features

  • Exterior Features: Fence
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150.0
  • Community Features: Gated
  • Senior Community: No
  • Association Fee Frequency: Annually

Lot Info

  • Parcel #: 484124330620

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6169.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2015
Closed on
Aug 3, 2016
Sold by
Fannie Mae
Bought by
Massey Mclaughlin Simone and Mclaughlin Kavin
Seller's Agent
Phyllis Lentz
Complete Real Estate Options
List Price
$318,000
Sold Price
$285,900
Premium/Discount to List
-$32,100
-10.09%
Current Estimated Value
$540,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,042
Avg. Annual Appreciation
7.14%
Original Mortgage
$280,721
Outstanding Balance
$223,475
Interest Rate
3.41%
Mortgage Type
FHA
Estimated Equity
$317,467

Purchase Details

Closed on
Oct 14, 2014
Sold by
Waller Warren J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 20, 1998
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Sep 29, 1994
Sold by
F N Dev Co Bravo
Bought by
Waller Warren J and Waller Susanne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,709
Interest Rate
8.48%
Source: Public Records

Range of Values:

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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
Massey Mclaughlin Simone $285,900 Consumer Title & Escrow Svcs
Federal National Mortgage Association $196,700 None Available
Available Not $10,000 --
Waller Warren J $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massey Mclaughlin Simone $280,721
Previous Owner Waller Warren J $138,709
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2016 08/03/16 Sold $285,900 -10.1% $135 / Sq Ft
07/04/2016 07/04/16 Pending -- -- --
09/30/2015 09/30/15 For Sale $318,000 -- $150 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $8,683 $274,680 -- --
2024 $8,578 $266,940 -- --
2023 $8,578 $259,170 $0 $0
2022 $6,404 $251,630 $0 $0
2021 $6,124 $244,310 $0 $0
2020 $6,044 $240,940 $0 $0
2019 $5,953 $235,140 $0 $0
2018 $5,672 $230,760 $0 $0
2017 $5,631 $226,020 $0 $0
2016 $7,984 $290,430 $0 $0
2015 $7,519 $264,030 $0 $0
2014 $6,169 $184,940 $0 $0
2013 -- $168,130 $21,720 $146,410
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Phyllis Lentz

    Complete Real Estate Options

    (954) 536-2721

    11 Total Sales

    Phyllis Lentz
    Section Image
  • Mark Lentz

    Seller Co-Listing Agent in 2016

    Mark Lentz

    Complete Real Estate Options

    (954) 478-4174

    12 Total Sales

    Mark Lentz
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1360213

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-24-33-0620

Florida Broward County Margate 33063 Coral Bay

6291 Island Way, Margate, FL

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