NOT LISTED FOR SALE

5796 Raceway Rd Lake Worth, FL 33449

Estimated Value: $486,637 - $587,000

3 Beds
2.5 Baths
1,820 Sq Ft
$300/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $283,500 $156 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,153/month

3 Days on Market

Highlights

  • Tennis Courts
  • Gated with Attendant
  • Garden View
  • Discovery Key Elementary School Rated A-
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of May 2016

Well maintained home w/very nice PRIVATE, FENCED BACKYARD, TIKI torches & GAZEBO that MISTS to keep you COOL when BBQ'ing with guests!! No Back neighbors just nature. NEWER FEATURES inc: Brand new ENERGY EFF AIR COND, Upstairs CARPETING, BLINDS, SCREENED FRONT BISTRO NOOK, FRESHLY PAINTED EXTERIOR w/new LIGHTS & PROF CLEANED TILES. Master Suite is UP & Brs 2 & 3 have a Jack & Jill Bath. THOROUGHBRED is GATED w/HEATED POOL, UPDATED CLUBHOUSE, FITNESS CTR, PLAYGRND, & FUN EVENTS, HOLIDAY PARTIES, MOVIE NIGHTS, FOOD TRUCKS, ETC!! Low HOA inc. LAWN MAINT. FRONT & BACK, ALARM SERVICE, ROAMING SECURITY & wonderful community feel. NATURAL GAS is used for the STOVE, DRYER & WATER HEATER. Well Managed home & Neighborhood * Close to everything * EXCELLENT (LW/WELLINGTON) SCHOOL DISTRICT *

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 2002

Lot Details

  • Northwest Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Garden Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Tennis Courts
  • Patio
  • Porch

Schools

  • Palm Beach Central High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00414436030080040

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, ground maintenance, pest control, security
  • Thoroughbred Lake Estates 1 Subdivision, 3.2,5 Floorplan

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,339

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Between Lake Worth and Lantana Roads off 441. Thoroughbred Lakes on West side of road. Take first left after gate.
  • Year Built: 2002
  • Architectural Style: Colonial
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Breakfast Area, Bathtub, Cathedral Ceiling(s), Entrance Foyer, Kitchen/Dining Combo, Split Bedrooms, Soaking Tub, Separate Shower, Upper Level Primary, Vaulted Ceiling(s), Bar
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1820.0
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Living Area, Tennis Court(s)
  • View: Garden
  • Fencing: Fenced
  • Lot Features: Fruit Trees, Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northwest
  • Patio And Porch Features: Patio, Porch
  • Roof: Barrel

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Closet
  • Security: Gated with Guard, Smoke Detector(s), Security Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 254.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Pest Control, Security

Schools

  • High School: Palm Beach Central

Lot Info

  • Parcel #: 00414436030080040
  • Lot Size: .09 acres
  • Mobile Dim Units: Feet
  • Zoning: PUD

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2339.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
May 13, 2016
Sold by
Binkowitz Nei L and Binkowitz Sherine
Bought by
Pye Lauren and Pye Richard
List Price
$287,900
Sold Price
$283,500
Premium/Discount to List
-$4,400
-1.53%
Current Estimated Value
$545,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,659
Avg. Annual Appreciation
6.97%
Original Mortgage
$203,500
Outstanding Balance
$160,511
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$384,648

Purchase Details

Closed on
Mar 28, 2012
Sold by
Lyew Christopher S and Lyew Thuha
Bought by
Binkowitz Neil B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,070
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2006
Sold by
Gorsek Wayne F
Bought by
Lyew Christopher S and Lyew Thuha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2003
Sold by
Nelson Larry James
Bought by
Gorsek Wayne F

Purchase Details

Closed on
Apr 29, 2002
Sold by
Transeastern Properties Inc
Bought by
Nelson Larry James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,250
Interest Rate
6.92%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Pye Lauren $283,500 Transamerican Title
Binkowitz Neil B $155,000 Cornerstone Title & Settleme
Lyew Christopher S $360,000 Flagler Title Company
Gorsek Wayne F $245,000 Flagler Title Company
Nelson Larry James $196,830 Century Title Insurance Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pye Lauren $203,500
Previous Owner Binkowitz Neil B $151,070
Previous Owner Lyew Christopher S $288,000
Previous Owner Nelson Larry James $157,250
Closed Nelson Larry James $29,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $283,500 -1.5% $156 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $287,900 -- $158 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $3,860 $252,036 -- --
2024 $3,860 $244,933 -- --
2023 $3,756 $237,799 $0 $0
2022 $3,716 $230,873 $0 $0
2021 $3,669 $224,149 $0 $0
2020 $3,636 $221,054 $0 $0
2019 $3,590 $216,084 $0 $0
2018 $3,385 $212,055 $0 $0
2017 $4,675 $244,149 $0 $0
2016 $2,291 $145,423 $0 $0
2015 $2,339 $144,412 $0 $0
2014 $2,341 $143,266 $0 $0
Source: Public Records

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10223800

BeachesMLS (Greater Fort Lauderdale)

APN: 00-41-44-36-03-008-0040

Florida Palm Beach County Lake Worth 33449

5796 Raceway Rd, Lake Worth, FL

Not Listed for Sale

Detached

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