NOT LISTED FOR SALE

5341 Michlar Dr Lake Worth, FL 33449

Estimated Value: $1,455,000 - $2,055,000

6 Beds
4.5 Baths
3,932 Sq Ft
$449/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $950,000 $242 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $10,997/month

9 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Horses Allowed in Community
  • Canal View
  • Discovery Key Elementary School Rated A-
  • RV Access or Parking
  • Room in yard for a pool

About This Home

As of April 2018

This 4 bedroom 3 bath main home was built in 2001 features spacious rooms, tall ceilings and ultra large garage for RV or Horse trailer or your car collection. 5.28 acres of Equestrian property with 4 stall concrete barn with wash station and tack room, easy access paved roads. Property has an addition 2426 sf 2 bedroom guest apartment with attached large two car garage and screened patio and seperate road entrance. Property is completely fenced with PVC fencing and cross fenced, paddocks and lots of room for your private pool. Equestrian community with miles of riding trails, convenient to Wellington Mall, Polo, showgrounds and the turnpike.

Last Agent to Sell the Property

James Hoffman

Emerald Luxe Realty LLC License #3047476 Listed on: 03/14/2018

Co-Listed By

Monica Hoffman

Emerald Luxe Realty LLC License #3291411

Last Buyer's Agent

D. Scott Carey

Inactive Member License #3301911

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,900

Year Built

  • Built in 2001

Lot Details

  • 5.28 Acre Lot
  • 300 Feet of Waterfront
  • Fenced
  • Property is zoned AR

Parking

  • 6 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,932 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Family Room
  • Formal Dining Room
  • Workshop
  • Screened Porch
  • Ceramic Tile Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Laundry Tub

Outdoor Features

  • Room in yard for a pool
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00414436000003150

Community Details

Overview

  • Seminole Ranches Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,900

Year Built

Built in 2001

Lot Details

0

Parking

6

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Turnpike head West to 441, turn south to 52nd street, head west to Michlar Dr. Follow rd to left and up to property
  • Year Built: 2001
  • Architectural Style: Ranch
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Bidet, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Fireplace, Jetted Tub, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Workshop
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Water Softener Owned
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Living Area: 3932.0
  • Dining Room Type: Family Room, Great Room, In-Law Suite, Laundry, Storage Room, Workshop
  • Stories: 1

Exterior Features

  • Exterior Features: Enclosed Porch, Fence, Room For Pool, Shed
  • View: Canal, Other, Water
  • Road Frontage Type: Waterfront
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • FrontageLengthRemarks: 300

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, RV Access/Parking, Garage Door Opener

Utilities

  • Laundry Features: In Garage, Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00414436000003150
  • Horse Amenities: Horses Allowed
  • Lot Size: 5 to <10 Acres,Paved Roa
  • Lot Size Sq Ft: 229997.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 11900.0

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2018
Closed on
Apr 20, 2018
Sold by
Amante Antony and Garrity Christine
Bought by
Gomberg Jason D
Seller's Agent
James Hoffman
Emerald Luxe Realty LLC
Buyer's Agent
D. Scott Carey
Inactive Member
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Current Estimated Value
$1,765,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$815,391
Avg. Annual Appreciation
8.92%
Original Mortgage
$57,000
Outstanding Balance
$49,610
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,737,909

Purchase Details

Closed on
Nov 12, 2004
Sold by
Massarda Juan J
Bought by
Amante Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 2, 2003
Sold by
Massarda Juan and Massarda Eileen P
Bought by
Massarda Juan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2002
Sold by
Sarda Eileen Mas and Sarda Juan J Mas
Bought by
Masarda Juan J Mas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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
Gomberg Jason D $950,000 Attorney
Amante Anthony $760,000 --
Massarda Juan J -- --
Masarda Juan J Mas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomberg Jason D $57,000
Open Gomberg Jason D $750,000
Previous Owner Amante Anthony $350,000
Previous Owner Sarda Juan J Mas $60,000
Previous Owner Massarda Juan J $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2018 04/23/18 Sold $950,000 -4.9% $242 / Sq Ft
03/24/2018 03/24/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $999,000 -- $254 / 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 $19,096 $730,763 -- --
2023 $18,595 $709,479 $0 $0
2022 $18,513 $688,815 $0 $0
2021 $18,465 $668,752 $0 $0
2020 $18,614 $659,519 $221,760 $437,759
2019 $13,292 $661,790 $221,760 $440,030
2018 $12,326 $598,973 $220,625 $378,348
2017 $11,900 $604,127 $220,625 $383,502
2016 $11,618 $481,696 $0 $0
2015 $11,076 $437,905 $0 $0
2014 $8,837 $347,956 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10413992

BeachesMLS

APN: 00-41-44-36-00-000-3150