NOT LISTED FOR SALE

5651 Colbright Rd Lake Worth, FL 33467

Estimated Value: $660,000 - $1,017,845

3 Beds
2 Baths
1,520 Sq Ft
$581/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $495,000 $326 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,903/month

32 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • 1-Story Property
  • Coral Reef Elementary School Rated A-
  • Wall Furnace

About This Home

As of November 2021

First time to market in decades. Here is YOUR chance to own nearly 2 acres with NO HOA in the heart of town. They aren't making any more land lately so do not delay. This property is minutes to all that PB County has to offer. A special buyer has the chance to turn this parcel into something very unique. City water connected with two gates to easily operate a business from home. End user will benefit tax wise with an agricultural exemption so bring your animals, start a tree farm, or tropical plant nursery. Plenty of room to store your boat/RV/toy haulers. The adjacent property is for sale so there is a possibility to create a 4 acre parcel to let your horses roam. Sold in As-Is condition, the homes bones are solid and ready for a new owner with vision to create a quaint new dwelling.

Last Agent to Sell the Property

Jason Pobiak

Singer Island Realty License #3359417 Listed on: 09/10/2021

Last Buyer's Agent

Isabel Delgado

Partnership Realty Inc. License #3286409

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,352

Year Built

  • Built in 1985

Lot Details

  • 1.88 Acre Lot
  • Property is zoned AR

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Tank

Community Details

  • Palm Beach Farms Co 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424327050323690

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,352

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I 95 to Lantana Road head West turn north onto Colbright Road
  • Year Built: 1985
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1520.0
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424327050323690
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 81893.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2352.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Nov 12, 2021
Sold by
Rinehart Christina V and Weimer Michael
Bought by
Figueroa Feliciano and Valladares Socorro
Seller's Agent
Jason Pobiak
Singer Island Realty
Buyer's Agent
Isabel Delgado
Partnership Realty Inc.
List Price
$547,900
Sold Price
$495,000
Premium/Discount to List
-$52,900
-9.66%
Current Estimated Value
$883,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,211
Avg. Annual Appreciation
16.01%

Purchase Details

Closed on
Jun 25, 2021
Sold by
Marie Weimer Michele
Bought by
Posner Christopher B

Purchase Details

Closed on
Mar 9, 2005
Sold by
Weimer Michael F
Bought by
Weimer Michele Marie
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
Figueroa Feliciano $495,000 Firm Title Corporation
Posner Christopher B -- --
Weimer Michele Marie -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $495,000 -9.7% $326 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $547,900 -- $360 / 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 $14,423 $840,068 -- --
2023 $10,270 $591,340 $478,648 $112,692
2022 $9,692 $542,533 $0 $0
2021 $2,379 $147,034 $0 $0
2020 $2,352 $145,004 $0 $0
2019 $2,320 $141,744 $0 $0
2018 $2,179 $139,101 $0 $0
2017 $2,128 $136,240 $0 $0
2016 $2,122 $133,438 $0 $0
2015 $2,163 $132,510 $0 $0
2014 $2,164 $131,458 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10744522

BeachesMLS

APN: 00-42-43-27-05-032-3690