NOT LISTED FOR SALE

5587 1st Rd Lake Worth, FL 33467

Estimated Value: $830,521

4 Beds
3 Baths
2,197 Sq Ft
$378/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2024

Last sale price $880,000 $401 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,772 / mo

106 Days on Market

Highlights

  • Heated In Ground Pool
  • RV Access or Parking
  • Outdoor Living Area
  • Coral Reef Elementary School Rated A-
  • Gated Community
  • High Ceiling

About This Home

As of June 2024

Beautiful Custom Built Pool home with high ceilings - 4 Bedrooms, 3 Full Bathrooms with spacious open kitchen and great room. No HOA on 1/2 Acre property - bring your pets and toys. Ample parking for many vehicles, Boat/RV. In addition to the attached 2-car garage there is a separate 1,200 sq. ft. garage bldg in rear yard with 220 outlet. Relax in the screen enclosed Pool & Spa or sit in the covered patio area and enjoy the view and sounds of wild birds. Updated kitchen with quartz countertops with waterfall edge, coffee bar area, breakfast bar & lots of storage. Kitchen Aide appliances - stove is dual fuel. New boardwalk-look laminate flooring throughout home. Many custom features in the master bathroom including dual sinks & luxury shower. Two walk-in closets 5'6'' X 4' in master. Within the Boundary map for the New High School - Dr. Joaquín García High School close by.

Last Agent to Sell the Property

Candice Brueggemann

Keller Williams Realty Service License #3074592 Listed on: 02/15/2024

Keller Williams Realty Service

Co-Listed By

Douglas Brueggemann

Keller Williams Realty Service License #3232687

Last Buyer's Agent

Cheryl Whitehurst

MLS Properties & Investments License #3084150

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,249

Year Built

  • Built in 2003

Lot Details

  • 21,655 Sq Ft Lot
  • East Facing Home
  • Sprinkler System
  • Property is zoned AR

Parking

  • 8 Car Attached Garage
  • 25 Open Parking Spaces
  • RV Access or Parking

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,197 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Entrance Foyer
  • Florida or Dining Combination
  • Screened Porch
  • Laminate Flooring
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Patio
  • Outdoor Living Area
  • Outbuilding

Schools

  • Coral Reef Elementary School
  • Woodlands Middle School
  • Dr. Joaquin Garcia High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00424327050322020

Community Details

Overview

  • No Home Owners Association
  • Palm Beach Farms Co 3 Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,249

Year Built

Built in 2003

Lot Details

0.5 Acres

Parking

8

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Between Jog Road and the turnpike, Off Lantana Rd head North on 1st Rd to 5587 on left. Private property gate.
  • Year Built: 2003
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, Entrance Foyer, Family/Dining Room, High Ceilings, Main Level Primary, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 4
  • Private Spa: Yes
  • Furnished: Negotiable
  • Spa Features: Heated, In Ground
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Entry Level Living Area Y
  • Flooring: Laminate
  • Living Area: 2197.0
  • Stories: 1
  • Window Features: Plantation Shutters

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Pool
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinkler System
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Builder Name: Other
  • Construction Type: Block
  • Direction Faces: East
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Patio, Screened
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 8.0
  • Open Parking Spaces: 25.0
  • Attached Garage: Yes
  • Garage Spaces: 8.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, RV Access/Parking

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Gated Community
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: No Pet Restrictions, Yes

Schools

  • Elementary School: Coral Reef (Palm Beach)
  • High School: Dr. Joaquin Garcia
  • Middle Or Junior School: Woodlands

Lot Info

  • Parcel #: 00424327050322020
  • Lot Size Acres: 0.5
  • Lot Size: 71.0 ft x 305.0 ft
  • Mobile Dim Units: Feet
  • Zoning: AR

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4249.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Jun 3, 2024
Sold by
Morakis Stacy and Morakis Michael
Bought by
Seller's Agent
Candice Brueggemann
Keller Williams Realty Service
Buyer's Agent
Cheryl Whitehurst
MLS Properties & Investments
List Price
$987,000
Sold Price
$880,000
Premium/Discount to List
-$107,000
-10.84%
Views
65
Current Estimated Value
$830,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,479
Avg. Annual Appreciation
-2.50%
Original Mortgage
$695,000
Outstanding Balance
$679,555
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$150,966

Purchase Details

Closed on
Apr 23, 2002
Sold by
Rodriguez Jorge H and Rodriguez Maria D
Bought by
Morakis Michael

Purchase Details

Closed on
Feb 6, 2001
Sold by
Poblano Cresencio O
Bought by
Rodriguez Jorge H
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$880,000 None Listed On Document
Morakis Michael $30,000 --
Rodriguez Jorge H $30,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $695,000
Previous Owner Morakis Michael $212,975
Previous Owner Morakis Michael $50,000
Previous Owner Morakis Micahel $240,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $880,000 -5.9% $401 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
04/12/2024 04/12/24 Price Changed $935,000 -1.3% $426 / Sq Ft
03/08/2024 03/08/24 Price Changed $947,000 -4.1% $431 / Sq Ft
02/15/2024 02/15/24 For Sale $987,000 -- $449 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,364 $651,081
2024 $4,364 $275,882
2023 $4,249 $267,847 $0 $0
2022 $4,207 $260,046 $0 $0
2021 $4,161 $252,472 $0 $0
2020 $4,126 $248,986 $0 $0
2019 $4,075 $243,388 $0 $0
2018 $3,846 $238,850 $0 $0
2017 $3,790 $233,937 $0 $0
2016 $3,796 $229,125 $0 $0
2015 $3,885 $227,532 $0 $0
2014 $3,892 $225,726 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10956019

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-43-27-05-032-2020

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