NOT LISTED FOR SALE

5038 Colbright Rd Lake Worth, FL 33467

Estimated Value: $1,227,000 - $1,499,000

5 Beds
5.5 Baths
4,404 Sq Ft
$312/Sq Ft Est. Value

Last Sold March 26, 2019

Last sale price $785,000 $178 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,225/month

75 Days on Market

Highlights

  • Private Pool
  • Roman Tub
  • Attic
  • Coral Reef Elementary School Rated A-
  • Wood Flooring
  • High Ceiling

About This Home

As of March 2019

This one of a kind beautiful home is nestled on 1 1/2 acres of gardens, fountains, fruit trees and more. The immaculate home boasts 5 bedroom, 5 1/2 baths, a 10 air conditioned car garage, all located East of the turnpike. The owners doubled the size of the home with a new addition in 2012. The master bedroom with wood floors and walk in closet is located on the ground floor and adjacent to it's own outdoor secret garden. Their are his and her master baths with an extra large walk in shower. Three bedrooms and a bath are located upstairs and a guest suite on the ground floor. The kitchen and entertainment room overlook the secluded heated pool, patio and gardens. A wine room, complete with wine racks, seating area is located off the entertainment room.

Last Agent to Sell the Property

Christine Sarno Olson

Keller Williams Realty Services License #3117955 Listed on: 12/10/2018

Keller Williams Realty Services

Last Buyer's Agent

Stacy Plean

LoKation License #3075228

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,419

Year Built

  • Built in 1972

Lot Details

  • 1.45 Acre Lot
  • Sprinkler System
  • Property is zoned AR

Parking

  • 10 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,404 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Formal Dining Room
  • Workshop
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Palm Beach Farms Co 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424327050320041

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,419

Year Built

Built in 1972

Lot Details

0

Parking

10

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Colbright Rd. is .8 mile west of Jog on North side of Lantana. Property is at the end of the road.
  • Year Built: 1972
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Walk-In Closet(s), Attic, Workshop
  • Furnished: Negotiable
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Softener Owned
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 4404.0
  • Dining Room Type: Attic, Laundry, Workshop
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 10.0
  • Attached Garage: Yes
  • Garage Spaces: 10.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424327050320041
  • Lot Size Sq Ft: 63227.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10419.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2022
Sold by
Lake Worth Drainage District
Bought by
Cascio Daniel Gerard and Cascio Diane Patricia
Current Estimated Value
$1,374,116

Purchase Details

Listed on
Dec 10, 2018
Closed on
Mar 26, 2019
Sold by
Mcintire Kathleen A
Bought by
Cascio Daniel Gerard
Seller's Agent
Christine Sarno Olson
Keller Williams Realty Services
Buyer's Agent
Stacy Plean
LoKation
List Price
$800,000
Sold Price
$785,000
Premium/Discount to List
-$15,000
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$435,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2018
Sold by
Maytin Orlando and Mcintire Kathleen
Bought by
Maytin Orlando

Purchase Details

Closed on
Sep 28, 2009
Sold by
Fowler Victor H and Fowler Susan S
Bought by
Maytin Orlando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2004
Sold by
Muth Petit Gayle and Petit Daniel
Bought by
Fowler Victor H and Fowler Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2002
Sold by
Muth Gayle and Petit Daniel B
Bought by
Muth Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.53%

Purchase Details

Closed on
Jul 23, 2002
Sold by
Muth Gayle and Petit Daniel B
Bought by
Petit Daniel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.53%

Purchase Details

Closed on
Aug 8, 1997
Sold by
Mcclellan Oliver E
Bought by
Mcclellan Gayle I
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
Cascio Daniel Gerard -- Mark A Perry Pa
Cascio Daniel Gerard $785,000 Title Alliance Of Palm Beach
Maytin Orlando -- Attorney
Maytin Orlando $395,000 Independence Title Insurance
Fowler Victor H $370,000 Universal Land Title Inc
Muth Gayle -- --
Petit Daniel B $77,000 Prestige Title & Research Co
Mcclellan Gayle I $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cascio Daniel Gerard $435,000
Previous Owner Maytin Orlando $316,000
Previous Owner Fowler Victor H $296,000
Previous Owner Petit Daniel B $154,000
Closed Fowler Victor H $36,950
Closed Mcclellan Gayle I $0
Closed Mcclellan Gayle I $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2019 03/26/19 Sold $785,000 -1.9% $178 / Sq Ft
02/24/2019 02/24/19 Pending -- -- --
12/10/2018 12/10/18 For Sale $800,000 -- $182 / 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 $11,277 $697,633 -- --
2023 $11,022 $677,314 $0 $0
2022 $10,951 $657,586 $0 $0
2021 $10,914 $638,413 $0 $0
2020 $10,851 $629,599 $0 $0
2019 $8,217 $473,893 $0 $0
2018 $7,789 $465,057 $0 $0
2017 $10,419 $654,271 $119,309 $534,962
2016 $9,335 $469,326 $0 $0
2015 $8,815 $426,660 $0 $0
2014 $4,842 $233,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Christine Sarno Olson

    Keller Williams Realty Services

    (561) 310-6380

    68 Total Sales

    Christine Sarno Olson
    Section Image
  • Stacy Plean

    Buyer's Agent in 2019

    Stacy Plean

    LoKation

    (954) 294-6889

    156 Total Sales

    Stacy Plean
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10487139

BeachesMLS

APN: 00-42-43-27-05-032-0041

Florida Palm Beach County Lake Worth 33467

5038 Colbright Rd, Lake Worth, FL

This home is located at 5038 Colbright Rd, Lake Worth, FL 33467 since 10 December 2018 and is currently estimated at $1,374,116, approximately $312 per square foot. This property was built in 1972. 5038 Colbright Rd is a home located in Palm Beach County with nearby schools including Coral Reef Elementary School, Woodlands Middle School, and Park Vista Community High 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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