NOT LISTED FOR SALE

5768 Colbright Rd Lake Worth, FL 33467

Estimated Value: $721,000 - $1,219,141

3.06 Acres
$335,142 Price per Acre
133,294 Sq Ft Lot

Last Sold May 05, 2021

Last sale price $950,000 $1,015 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,398/month

309 Days on Market

About This Lot

As of May 2021

The address is Colbright Road, but the property fronts Lantana Road. The basis for the value of this property is the 3.06 acres.There is a small, vacant home included on the property but not considered in determining price or value. The property is currently zoned for agriculture/residential but could potentially be rezoned by buyer. Adjacent properties are zoned for a church and nursery.

Last Agent to Sell the Property

Jeffrey Silver

KW Innovations License #3321050 Listed on: 05/30/2020

KW Innovations

Co-Listed By

Shayne Silver

KW Innovations License #3328830

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,888

Lot Details

  • 3.06 Acre Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned AR

Community Details

  • Palm Beach Farms Co 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424327050323060

Property Details

Property Type

Land

Est. Annual Taxes

$7,888

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: Intersection of Colbright & Lantana. Between Jog & Turnpike overpass, just west of Hagen Ranch Road.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 00424327050323060
  • Current Use: Agricultural
  • Development Status: Site Plan Filed
  • Lot Size Acres: 3.06
  • Lot Size Sq Ft: 133294.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7888.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
May 5, 2021
Sold by
Vo Yen Pham and Vo Yen
Bought by
Sensation Holdings Llc and Garden Sensation Inc
Seller's Agent
Jeffrey Silver
KW Innovations
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Current Estimated Value
$1,025,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,535
Avg. Annual Appreciation
1.74%
Original Mortgage
$947,000
Outstanding Balance
$858,218
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$167,317

Purchase Details

Closed on
Sep 10, 2013
Sold by
Vo Quang Phuoc
Bought by
Vo Yen Pham

Purchase Details

Closed on
Feb 3, 2003
Sold by
Noh Phi and Noh Inkyu
Bought by
Vo Quang

Purchase Details

Closed on
Oct 9, 1997
Sold by
Almeida Elizabeth V
Bought by
Noh Phi
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
Sensation Holdings Llc $950,000 Supreme Title And Escrow Inc
Sensation Holdings Llc $950,000 Supreme Title
Vo Yen Pham -- None Available
Vo Quang -- --
Noh Phi $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sensation Holdings Llc $947,000
Closed Sensation Holdings Llc $947,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $950,000 -4.5% $1,015 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
05/30/2020 05/30/20 For Sale $995,000 -- $1,063 / 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 $11,534 $636,566 -- --
2023 $11,350 $624,327 $0 $0
2022 $20,530 $827,632 $0 $0
2021 $9,115 $568,096 $484,092 $84,004
2020 $8,361 $508,847 $432,225 $76,622
2019 $7,888 $481,626 $397,647 $83,979
2018 $6,895 $429,133 $345,227 $83,906
2017 $6,081 $344,348 $246,591 $97,757
2016 $6,321 $271,462 $0 $0
2015 $5,448 $246,784 $0 $0
2014 $4,751 $224,349 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Silver

    Seller's Agent in 2021

    Jeffrey Silver

    KW Innovations

    (561) 735-3030

    189 Total Sales

    Jeffrey Silver
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Shayne Silver

    KW Innovations

    (954) 682-9896

    149 Total Sales

    Shayne Silver
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10626595

BeachesMLS

APN: 00-42-43-27-05-032-3060

Florida Palm Beach County Lake Worth 33467

5768 Colbright Rd, Lake Worth, FL

This home is located at 5768 Colbright Rd, Lake Worth, FL 33467 since 30 May 2020 and is currently estimated at $1,025,535, approximately $1,095 per square foot. 5768 Colbright Rd is a home located in Palm Beach County with nearby schools including Coral Reef Elementary School, Woodlands Middle School, and Suncoast Christian Academy.

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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