$420,000
SOLD FEB 26, 2025

5900 Monterra Club Dr Lake Worth, FL 33463

3 Beds
2.5 Baths
1,622 Sq Ft
$245/mo HOA Fee

Recently Sold

$259 Per Sq Ft

6% Below List Price

87 Days on Market

Highlights

  • Gated Community
  • Roman Tub
  • Community Pool
  • Clubhouse
  • Garden View
  • Community Basketball Court

About This Home

As of February 2025

Welcome Home! This lovely townhouse in central Palm Beach County is exactly what you're looking looking for. Upgraded, newly built in 2016, spacious, and comfortable! Located in a gated LOW HOA neighborhood with great amenities. No carpeting throughout the entire home. Owners put gorgeous luxury vinyl plank along the stairs and upstairs. All impact windows except for the sliders which have shutters. The private patio off of the living space is expansive with a retractable motorized awning for convenience and shade. The master suite is large as well with multiple walk-in closets. The laundry room is situated nicely upstairs too! Colony Reserve has two gates and is conveniently located in Lake Worth nearby countless shopping centers, restaurants, schools, entertainment venues, + much more

Last Agent to Sell the Property

Evan Sophir

The Keyes Company License #3358163 Listed on: 12/01/2024

The Keyes Company

Last Buyer's Agent

Jeremiah Schoen

The Keyes Company License #3477761

The Keyes Company

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,249

Year Built

  • Built in 2016

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Interior Spaces

  • 1,622 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Awning
  • Family Room
  • Combination Dining and Living Room
  • Garden Views
  • Security Gate

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

  • Indian Pines Elementary School
  • Tradewinds Middle School
  • Santaluces Community High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • 1,921 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 00424435230001540

Community Details

Overview

  • Association fees include common areas, ground maintenance, pool(s), recreation facilities, reserve fund, security
  • Colony Reserve Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court
  • Community Pool
  • Community Spa
  • Park
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,249

Year Built

Built in 2016

Lot Details

0

HOA Fees

$245 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Condominium,Townhouse
  • Directions: Entrance off of Lantana Rd, just West of Military Trl, east of Jog Rd.
  • Year Built: 2016
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Dual Sinks, Garden Tub/Roman Tub, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Vinyl
  • Living Area: 1622.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 2
  • Window Features: Drapes, Impact Glass

Exterior Features

  • Exterior Features: Awning(s), Patio
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Guest, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 245.0
  • Community Features: Clubhouse, Gated, Park, Pool
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Pool, Spa/Hot Tub, Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Pool(s), Recreation Facilities, Reserve Fund, Security

Schools

  • Elementary School: Indian Pines
  • High School: Santaluces Community High
  • Middle Or Junior School: Tradewinds

Lot Info

  • Parcel #: 00424435230001540
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 1921.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5249.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2024
Closed on
Feb 26, 2025
Sold by
Martin Kara and Heyns Jared
Bought by
Draine Courtney
Seller's Agent
Evan Sophir
The Keyes Company
Buyer's Agent
Jeremiah Schoen
The Keyes Company
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Views
13
Current Estimated Value
$423,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,066
Avg. Annual Appreciation
2.06%
Original Mortgage
$412,392
Outstanding Balance
$412,057
Interest Rate
7.04%
Mortgage Type
FHA
Estimated Equity
$11,637

Purchase Details

Closed on
May 5, 2022
Sold by
Wendell Kaufman Ii Terry and Wendell Louise Mary
Bought by
Heyns Jared and Martin Kara

Purchase Details

Listed on
Dec 23, 2020
Closed on
Feb 12, 2021
Sold by
Burns Adam S and Burns Debra A
Bought by
Kaufman Terry Wendell
Seller's Agent
Veronica Moraga Karath
Inactive member
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$210,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2016
Sold by
The Colony Reserve At Lake Worth Llc
Bought by
Burns Adam S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,783
Interest Rate
4.12%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $420,000 Independence Title
Warranty Deed $420,000 Independence Title
Warranty Deed $375,000 Nexstar Title & Escrow
Warranty Deed $310,000 South Fl Ttl Insurers Of Pal
Special Warranty Deed $260,502 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,392 FHA
Closed $412,392 FHA
Previous Owner $210,000 New Conventional
Previous Owner $255,783 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $420,000 0.0% $259 / Sq Ft
01/17/2025 01/17/25 Price Changed $420,000 -4.3% $259 / Sq Ft
01/13/2025 01/13/25 Price Changed $439,000 -2.2% $271 / Sq Ft
12/01/2024 12/01/24 For Sale $449,000 +44.8% $277 / Sq Ft
02/15/2021 02/15/21 Sold $310,000 -1.6% $191 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $315,000 -- $194 / 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 $5,387 $338,870 -- --
2023 $5,249 $329,000 $0 $329,000
2022 $5,460 $294,300 $0 $0
2021 $3,700 $226,638 $0 $0
2020 $3,665 $223,509 $0 $0
2019 $3,624 $218,484 $0 $0
2018 $3,348 $214,410 $0 $0
2017 $3,297 $210,000 $0 $0
2016 $388 $19,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11041328

BeachesMLS

APN: 00-42-44-35-23-000-1540