NOT LISTED FOR SALE

2615 Colgate Ln Lake Worth, FL 33460

College Park Historic District Neighborhood

Estimated Value: $1,371,000 - $5,270,000

3 Beds
2 Baths
1,956 Sq Ft
$1,328/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $1,875,000 $959 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $16,150/month

156 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Canal View
  • Cul-De-Sac
  • Property has ocean access
  • Room in yard for a pool
  • Porch

About This Home

As of December 2023

Welcome to 2615 Colgate Lane in coveted College Park. This extremely rare, deepwater lot boasts incredible elevation with 125' feet of prime water-frontage and is currently equipped with a 60' boat dock. A boaters paradise, this wide water basin exceeds 40 feet in depth and can accommodate most any size vessel, with easy access to the intracoastal and Atlantic Ocean.Renovate the existing 3 bedroom, 2 bath CBS home with a recently upgraded (2022) tile roof, or build new- the possibilities are endless! In addition, the current home features an open concept floor plan, updated gourmet kitchen, washer and dryer, and two car garageThis is currently the only deepwater lot available in all of College Park. Call today for a private showing.

Last Agent to Sell the Property

Seth Benkaddour

William Raveis Real Estate License #3316790 Listed on: 06/16/2023

William Raveis Real Estate

Co-Listed By

Nicholas Younker

William Raveis Real Estate License #3463757

Last Buyer's Agent

Seth Benkaddour

William Raveis Real Estate License #3316790 Listed on: 06/16/2023

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,257

Year Built

  • Built in 1971

Lot Details

  • 0.26 Acre Lot
  • 125 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Cul-De-Sac
  • Sprinkler System
  • Property is zoned SF-R(c

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,956 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Tile Flooring
  • Canal Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Seawall
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • College Park Add 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434415120000150

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,257

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Forest Hill Blvd east then Right on S Olive Avenue, Left on Duke Drive and Left on Colgate Ln
  • Year Built: 1971
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Living/Dining Room, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1956.0
  • Dining Room Type: Family Room
  • Stories: 1

Exterior Features

  • Exterior Features: Porch, Room For Pool
  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access, Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile
  • FrontageLengthRemarks: 125

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434415120000150
  • Lot Size: 1/4 to 1/2 Acre,Cul-De-S
  • Lot Size Sq Ft: 11328.0
  • Zoning Description: SF-R(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9257.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Dec 22, 2023
Sold by
Campbell Shelly S
Bought by
2516 Colgate Llc
Seller's Agent
Seth Benkaddour
William Raveis Real Estate
Buyer's Agent
Seth Benkaddour
William Raveis Real Estate
List Price
$3,200,000
Sold Price
$1,875,000
Premium/Discount to List
-$1,325,000
-41.41%
Views
111
Current Estimated Value
$2,597,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,431
Avg. Annual Appreciation
-7.85%

Purchase Details

Closed on
Apr 11, 2003
Sold by
Arvanitis George and Arvanitis Eleftheria
Bought by
Power Cats Investments

Purchase Details

Closed on
Sep 22, 1994
Sold by
Scott Alexander T
Bought by
Campbell Shelly S
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
2516 Colgate Llc $1,875,000 None Listed On Document
Power Cats Investments $1,200,000 Florida Title & Trust Llc
Campbell Shelly S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campbell Shelly S $210,000
Previous Owner Bryan William C $44,000
Previous Owner Campbell Shelley S $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $1,875,000 -26.6% $959 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/06/2023 11/06/23 Price Changed $2,555,999 -8.7% $1,307 / Sq Ft
10/25/2023 10/25/23 Price Changed $2,799,999 -6.7% $1,431 / Sq Ft
09/18/2023 09/18/23 Price Changed $2,999,999 -6.3% $1,534 / Sq Ft
06/16/2023 06/16/23 For Sale $3,200,000 -- $1,636 / Sq Ft
Source: BeachesMLS

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
2024 $23,147 $1,062,379 -- --
2023 $9,408 $441,553 $0 $0
2022 $9,257 $428,692 $0 $0
2021 $9,239 $416,206 $0 $0
2020 $9,164 $410,460 $0 $0
2019 $9,015 $401,232 $0 $0
2018 $8,642 $393,751 $0 $0
2017 $8,435 $385,652 $0 $0
2016 $8,167 $377,720 $0 $0
2015 $8,316 $375,094 $0 $0
2014 $8,318 $372,117 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Seth Benkaddour

    William Raveis Real Estate

    (561) 324-9950

    2 in this area

    37 Total Sales

    Section Image

  • N

    Seller Co-Listing Agent in 2023

    Nicholas Younker

    William Raveis Real Estate

    (561) 655-6570

    1 in this area

    25 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10897667

BeachesMLS

APN: 38-43-44-15-12-000-0150

Florida Palm Beach County Lake Worth 33405 College Park Historic District

2615 Colgate Ln, Lake Worth, FL

This home is located at 2615 Colgate Ln, Lake Worth, FL 33460 since 16 June 2023 and is currently estimated at $2,597,431, approximately $1,327 per square foot. This property was built in 1971. 2615 Colgate Ln is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade Elementary School, and Lake Worth Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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