NOT LISTED FOR SALE

1115 Lake Terrace Unit 1050 Boynton Beach, FL 33426

Leisureville Neighborhood

Estimated Value: $120,000 - $132,000

2 Beds
1 Bath
729 Sq Ft
$405/mo HOA Fee

Last Sold April 15, 2022

Last sale price $105,500 $145 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,284/month

53 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Sauna
  • Active Adult
  • Garden View
  • Community Pool

About This Home

As of April 2022

Semi-updated 1st floor 2-bed/1-bath condo with Florida Room & additional custom built-in cabinetry for extra storage located in a 55+ community conveniently located near shopping, banking, bowling & so many restaurants. Extra-large covered patio in back with no rear neighbors. 2 pets allowed with max of 25 pounds each. Access to 3 clubhouses w/ heated pools, woodworking shop, fitness/recreation center, roving security & more! PLUS Bldg. E is ''Grandfathered'' in with access to the 18-hole golf course which other buildings don't offer. Just minutes' drive to ocean, beaches and I95. Only CASH Offers can be considered.

Last Agent to Sell the Property

James Wrona

Posh Properties License #60651784 Listed on: 01/21/2022

Posh Properties

Last Buyer's Agent

Caleb McDonnell

Turner Real Estate Network License #3386270

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $266

Year Built

  • Built in 1973

Lot Details

  • 1.67

HOA Fees

  • $405 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 729 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Awning
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Open Patio
  • Enclosed Glass Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08434529100051050

Community Details

Overview

  • Active Adult
  • Association fees include common areas, insurance, laundry, ground maintenance, parking, pest control, pool(s), roof, trash
  • Leisureville Lake Condo Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Billiard Room
  • Business Center
  • Community Storage Space

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$266

Year Built

Built in 1973

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East of Congress Ave. on the south side of Boynton Beach Blvd. into community on Lake Terrace. Bear right at stop sign to Bldg. 1115 at end at East facing unit #105.
  • Year Built: 1973
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Entrance Foyer, Living/Dining Room, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 729.0
  • Dining Room Type: Porch, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Awning(s), Porch, Patio
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Glass Enclosed, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Security Guard
  • Cooling: Central Air, Ceiling Fan(s), 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: 405.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Game Room, Non-Gated, Pool, Sauna, Sidewalks
  • Senior Community: Yes
  • Amenities: Billiard Room, Business Center, Clubhouse, Golf Course, Pool, Sauna, Spa/Hot Tub, Storage, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Laundry, Maintenance Grounds, Parking, Pest Control, Pool(s), Roof, Trash

Lot Info

  • Parcel #: 08434529100051050
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 266.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 28, 2022
Sold by
Carmen West
Bought by
Sharon Michael
Seller's Agent
James Wrona
Posh Properties
Buyer's Agent
Caleb McDonnell
Turner Real Estate Network
List Price
$110,000
Sold Price
$105,500
Premium/Discount to List
-$4,500
-4.09%
Current Estimated Value
$125,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,153
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
Apr 29, 2016
Sold by
Read Martha G and Read Martha G
Bought by
Dentato Anthony

Purchase Details

Closed on
Jul 18, 2002
Sold by
Kennedy Richard J and Kennedy Catherine V
Bought by
West Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
5.87%
Source: Public Records

Range of Values:

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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
Sharon Michael $105,500 Big Wave Title
Dentato Anthony $56,000 Protective Title Services
West Michael L $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West Michael L $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2022 04/15/22 Sold $105,500 -4.1% $145 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $110,000 -- $151 / 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 $2,614 $115,346 -- --
2023 $2,406 $105,346 $0 $105,346
2022 $1,824 $75,251 $0 $0
2021 $266 $18,473 $0 $0
2020 $265 $18,218 $0 $0
2019 $268 $17,808 $0 $0
2018 $268 $17,476 $0 $0
2017 $266 $17,117 $0 $0
2016 $244 $16,765 $0 $0
2015 $242 $16,648 $0 $0
2014 $245 $16,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10771540

BeachesMLS

APN: 08-43-45-29-10-005-1050