NOT LISTED FOR SALE

11467 Manatee Terrace Lake Worth, FL 33449

Estimated Value: $1,940,000 - $3,884,000

6 Beds
4.5 Baths
4,385 Sq Ft
$614/Sq Ft Est. Value

Last Sold August 05, 2015

Last sale price $950,000 $217 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $17,136/month

129 Days on Market

Highlights

  • Lake Front
  • Horses Allowed in Community
  • Atrium Room
  • Panther Run Elementary School Rated A-
  • Private Pool
  • Loft

About This Home

As of August 2015

The lake views will astound you from this updated 6 bedrooms + office estate home! Bring your horses to this fully fenced 5 acres with ample room to build your own barn & arena. Well appointed from the time you drive through the gated entrance, this estate boasts a gourmet kitchen, main floor master bedroom suite, fountain, atrium, private guest suite area, covered patio, and large heated pool & spa!

Last Agent to Sell the Property

Katie Moon

Royal Shell Real Estate Inc License #3306468 Listed on: 02/26/2015

Last Buyer's Agent

Cheryl Speziale

Century 21 Tenace Realty License #3082493

Century 21 Tenace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,662

Year Built

  • Built in 1995

Lot Details

  • 5 Acre Lot
  • Lake Front
  • Fenced
  • Property is zoned AR

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Concrete Roof

Interior Spaces

  • 4,385 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Bar
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Loft
  • Atrium Room
  • Screened Porch
  • Tile Flooring
  • Lake Views
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Private Pool
  • Shed

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00414435010002470

Community Details

Overview

  • Association fees include common areas, security
  • Homeland Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,662

Year Built

Built in 1995

Lot Details

0

HOA Fees

$175 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: In Wellington, Southshore South to 50th, East on 50th and South into main entrance of Homeland.
  • Year Built: 1995
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Fireplace, Separate Shower, Bar, Walk-In Closet(s), Atrium, Loft
  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Tile
  • Living Area: 4385.0
  • Dining Room Type: Atrium, Family Room, Loft
  • Stories: 2

Exterior Features

  • Exterior Features: Enclosed Porch, Fence, Shed
  • View: Lake
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 175.0
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 00414435010002470
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 217800.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 10662.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2015
Closed on
Aug 5, 2015
Sold by
Malik Hasham J
Bought by
Lograsso Giuseppe
Seller's Agent
Katie Moon
Royal Shell Real Estate Inc
Buyer's Agent
Cheryl Speziale
Century 21 Tenace Realty
List Price
$1,049,000
Sold Price
$950,000
Premium/Discount to List
-$99,000
-9.44%
Current Estimated Value
$2,854,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,904,534
Avg. Annual Appreciation
10.14%
Original Mortgage
$760,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2008
Sold by
Kerimoglu Janet and Searcy Janet
Bought by
Malik Hasham J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$733,600
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2004
Sold by
Beck Arthur F and Beck Margaret Lynn
Bought by
Kerimoglu Achmed and Kerimoglu Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2001
Sold by
Witka Patrick F
Bought by
Beck Arthur F

Purchase Details

Closed on
Apr 4, 2000
Sold by
Bruce J Simonson Tr
Bought by
Beck Arthur F

Purchase Details

Closed on
Feb 23, 1998
Sold by
Pettit Larry M and Pettit Patricia L
Bought by
Simonson Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.89%
Mortgage Type
New Conventional
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
Lograsso Giuseppe $950,000 Progressive Title Solutions
Malik Hasham J $917,000 Attorney
Kerimoglu Achmed $985,000 --
Beck Arthur F $118,500 --
Beck Arthur F $575,000 --
Simonson Bruce $494,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lograsso Giuseppe $1,215,000
Closed Lograsso Giuseppe $750,000
Closed Lograsso Giuseppe $500,000
Closed Lograsso Giuseppe $760,000
Previous Owner Malik Hasham J $733,600
Previous Owner Kerimoglu Achmed $225,000
Previous Owner Beck Arthur F $75,000
Previous Owner Simonson Bruce $395,000
Closed Kerimoglu Achmed $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2015 08/05/15 Sold $950,000 -9.4% $217 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $1,049,000 -- $239 / 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 $15,979 $977,593 -- --
2023 $15,633 $949,119 $0 $0
2022 $15,542 $921,475 $0 $0
2021 $14,993 $864,724 $0 $0
2020 $14,914 $852,785 $325,000 $527,785
2019 $15,734 $888,896 $0 $0
2018 $14,946 $872,322 $0 $0
2017 $10,536 $568,083 $325,000 $243,083
2016 $17,508 $941,201 $0 $0
2015 $10,635 $580,877 $0 $0
2014 $10,662 $576,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10114861

BeachesMLS

APN: 00-41-44-35-01-000-2470