NOT LISTED FOR SALE

6321 Island Way Margate, FL 33063

Coral Bay Neighborhood

Estimated Value: $428,757 - $491,000

3 Beds
2 Baths
1,380 Sq Ft
$343/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $327,000 $237 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,156/month

34 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Closet Cabinetry
  • Garden View
  • Community Pool
  • Patio

About This Home

As of May 2020

MOVE-IN READY SINGLE FAMILY HOME, REMODELED KITCHEN, AND BATHROOMS, BRAND NEW STAINLESS STEEL APPLIANCES, HOME LOCATED IN DESIRABLE CORAL BAY GATED COMMUNITY WITH GREAT AMENITIES CLUBHOUSE, 3 POOLS, TENNIS, PLAYGROUND.

Last Agent to Sell the Property

Teresa Herraiz

Coldwell Banker Realty License #3020891 Listed on: 03/11/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,678

Year Built

  • Built in 1993

Lot Details

  • 3,927 Sq Ft Lot
  • Southeast Facing Home

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Paver Block

Home Design

  • Bahama Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,380 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Wood Flooring
  • Garden Views
  • Dryer
  • Attic

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484124330570

Community Details

Overview

  • Coral Bay Replat Sec 1 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,678

Year Built

Built in 1993

Lot Details

0

HOA Fees

$13 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CORAL BAY REPLAT SEC 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer
  • Interior Amenities: Closet Cabinetry, Pantry, Attic
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Other, Wood
  • Furnished: Unfurnished
  • Living Area: 1380
  • Possible Use: Primary
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Master Bedroom Upstairs, Other
  • Living Room Features: Attic

Exterior Features

  • Roof: Bahama
  • View: Garden, Other
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL BAY REPLAT SEC 1
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Other, Paver Block

Utilities

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

Condo/Co-op/Association

  • Association Fee: 13
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Pool
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 484124330570
  • Lot Size Sq Ft: 3927
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5678

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 29, 2020
Sold by
Domenech Jacqueline
Bought by
Michel Cynthia P and Michel Guy A
Seller's Agent
Teresa Herraiz
Coldwell Banker Realty
List Price
$327,000
Sold Price
$327,000
Current Estimated Value
$472,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,939
Avg. Annual Appreciation
7.05%
Original Mortgage
$297,200
Outstanding Balance
$263,936
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$209,003

Purchase Details

Listed on
Jun 24, 2017
Closed on
Nov 16, 2017
Sold by
Secretary Of Hud
Bought by
Domenech Jacquline
Seller's Agent
Portia Voss
Campbell Investment Realty Inc
Buyer's Agent
Marcela Cifuentes
MMLS Assoc.-Inactive Member
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.92%
Original Mortgage
$228,834
Interest Rate
3.85%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2015
Sold by
Patellis George and Patellis Frances C
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 9, 2015
Sold by
Citi Mortgage Inc
Bought by
Secretary Of Housin Gand Urban Developme

Purchase Details

Closed on
Feb 17, 2015
Sold by
Clermont Frantz and Yvette Marie
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jan 13, 1999
Sold by
Patellis George and Patellis Frances C
Bought by
Clermont Frantz and Yvette Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,941
Interest Rate
6.72%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 1993
Sold by
F N Dev Co Bravo
Bought by
Patellis George and Patellis Frances C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,759
Interest Rate
7.52%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Michel Cynthia P $327,000 South Florida Title Assc Llc
Domenech Jacquline $230,000 He Title Co Of South Florida
Citimortgage Inc -- Attorney
Secretary Of Housin Gand Urban Developme -- Servicelink
Citimortgage Inc $160,200 None Available
Clermont Frantz $115,000 --
Patellis George $106,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michel Cynthia P $297,200
Previous Owner Domenech Jacquline $228,834
Previous Owner Clermont Frantz $114,941
Previous Owner Patellis George $106,759
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2020 05/29/20 Sold $327,000 0.0% $237 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $327,000 +42.2% $237 / Sq Ft
11/17/2017 11/17/17 Sold $230,000 +2.2% $157 / Sq Ft View Prior Sale
10/18/2017 10/18/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $225,000 -- $154 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $8,006 $334,730 -- --
2024 $7,842 $325,300 -- --
2023 $7,842 $314,080 $0 $0
2022 $7,564 $304,940 $0 $0
2021 $7,256 $296,060 $19,640 $276,420
2020 $5,757 $227,770 $0 $0
2019 $5,678 $222,650 $0 $0
2018 $5,414 $218,500 $19,640 $198,860
2017 $1,710 $211,760 $0 $0
2016 $6,082 $207,830 $0 $0
2015 $3,716 $51,480 $0 $0
2014 $3,534 $46,800 $0 $0
2013 -- $42,550 $15,720 $26,830
Source: Public Records

Agents Affiliated with this Home

  • Teresa Herraiz

    Seller's Agent in 2020

    Teresa Herraiz

    Coldwell Banker Realty

    (305) 978-1985

    87 Total Sales

    Teresa Herraiz
    Section Image
  • Portia Voss

    Seller's Agent in 2017

    Portia Voss

    Campbell Investment Realty Inc

    (954) 242-8393

    56 Total Sales

    Portia Voss
    Section Image

  • M

    Buyer's Agent in 2017

    Marcela Cifuentes

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10832094

MIAMI REALTORS® MLS

APN: 48-41-24-33-0570

Florida Broward County Margate 33063 Coral Bay

6321 Island Way, Margate, FL

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