$1,655,000
SOLD FEB 17, 2023

11533 Manatee Terrace Lake Worth, FL 33449

5 Beds
5 Baths
5,908 Sq Ft
5 Acres

Recently Sold

$280 Per Sq Ft

41% Below List Price

224 Days on Market

Highlights

  • Lake Front
  • Horses Allowed On Property
  • Gated Community
  • Panther Run Elementary School Rated A-
  • Above Ground Pool
  • Marble Flooring

About This Home

As of February 2023

5 ACRES in the equestrian community of Homeland. Lots of square footage that translates into great spaces for all you can imagine. This LAKE FRONT property Features: CBS Guest House 2/1 complete with Kitchen, Living room & Private Patio. Additional CBS dwelling (720 sq ft ) is converted to a gym but can be converted to a barn/Stall with tack room or another guest/ entertainment house. Main dwelling is a 4 Bedroom plus office and 4 baths, fireplace dividing two living areas, laundry room, impact resistant windows, complete bar, pool with rock waterfall and jacuzzi and 3 car garage with 2 private driveways. Property is privately fenced with 100kw Kohler generator that can power main and guest house.

Last Agent to Sell the Property

Monica Otero

United Realty Group Inc. License #3150143 Listed on: 06/21/2022

United Realty Group Inc.

Co-Listed By

John Henao

Jason Mitchell Real Estate Flo License #3398632

Last Buyer's Agent

Monica Otero

United Realty Group Inc. License #3150143 Listed on: 06/21/2022

United Realty Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,596

Year Built

  • Built in 2000

Lot Details

  • 5 Acre Lot
  • Lake Front
  • South Facing Home
  • Fenced
  • Property is zoned AR

HOA Fees

  • $171 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Driveway
  • Unpaved Parking

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 5,908 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Lake Views
  • Impact Glass

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms

Pool

  • Above Ground Pool
  • Spa

Schools

  • Panther Run Elementary School

Utilities

  • Central Heating
  • Septic Tank
  • Cable TV Available

Additional Features

  • Patio
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 00414435010002480

Community Details

Overview

  • Association fees include security
  • Homeland Subdivision

Recreation

  • Horses Allowed in Community

Additional Features

  • Laundry Facilities
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,596

Year Built

Built in 2000

Lot Details

0

HOA Fees

$171 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 441 to 50th west on 50th to homeland gate
  • Year Built: 2000
  • Horses: Yes
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry, Fireplace, High Ceilings, Split Bedrooms, Walk-In Closet(s)
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Private Spa: Yes
  • Appliances: Electric Range, Microwave
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble
  • Living Area: 5908.0
  • Dining Room Type: Family Room
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Lake
  • Lot Features: 5-10 Acres
  • Pool Features: Above Ground, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front, None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Golf Cart Garage, Unpaved

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Other

Condo/Co-op/Association

  • Association Fee: 171.0
  • Community Features: Gated, Laundry Facilities
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Security

Schools

  • Elementary School: Panther Run

Lot Info

  • Parcel #: 00414435010002480
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 217800.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 15596.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Mar 30, 2023
Sold by
Schachtler Mark John
Bought by
Schachtler Contracting Llc
Seller's Agent
Monica Otero
United Realty Group Inc.
Buyer's Agent
Monica Otero
United Realty Group Inc.
List Price
$2,800,000
Sold Price
$1,655,000
Premium/Discount to List
-$1,145,000
-40.89%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.18%
Original Mortgage
$830,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2022
Closed on
Feb 17, 2023
Sold by
Bellet Laura Mae
Bought by
Schachtler Mark John
Seller's Agent
Monica Otero
United Realty Group Inc.
Buyer's Agent
Monica Otero
United Realty Group Inc.
List Price
$2,800,000
Sold Price
$1,655,000
Premium/Discount to List
-$1,145,000
-40.89%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2009
Sold by
Dufour Mitchell Charles Michael and Dufour Mitchell Christine
Bought by
Bellet Laura Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2005
Sold by
Nunez Guillermo N and Nunez Patricia M
Bought by
Dufour Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2004
Sold by
Nunez Guillermo N and Nunez Patricia M
Bought by
Nunez Guillermo N

Purchase Details

Closed on
Jun 11, 1999
Sold by
Harsh James W and Harsh Karen I
Bought by
Nunez Guillermo N

Purchase Details

Closed on
Oct 4, 1996
Sold by
Brenner Kenneth Alan
Bought by
Harsh James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 1995
Sold by
Carol Buddy and Carol Orlans
Bought by
Brenner Kenneth A
Source: Public Records

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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
Quit Claim Deed -- The Title Connection
Warranty Deed $1,655,000 The Title Connection
Warranty Deed $1,175,000 Southeastern Alliance Title
Warranty Deed $1,350,000 Harbor Title Lc
Interfamily Deed Transfer $75,000 --
Warranty Deed $105,000 --
Warranty Deed $77,000 --
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,800,000 Construction
Closed $830,000 New Conventional
Previous Owner $296,000 New Conventional
Previous Owner $359,000 New Conventional
Previous Owner $416,000 Purchase Money Mortgage
Previous Owner $750,000 Credit Line Revolving
Previous Owner $850,000 Purchase Money Mortgage
Previous Owner $150,000 Unknown
Previous Owner $55,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 For Sale $3,695,000 +123.3% $625 / Sq Ft
02/17/2023 02/17/23 Sold $1,655,000 -31.9% $280 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
10/27/2022 10/27/22 Price Changed $2,430,000 -13.2% $411 / Sq Ft
06/21/2022 06/21/22 For Sale $2,800,000 -- $474 / 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
2024 $34,857 $2,078,270 -- --
2023 $15,686 $934,600 $0 $0
2022 $15,595 $907,379 $0 $0
2021 $15,534 $880,950 $0 $0
2020 $15,450 $868,787 $0 $0
2019 $15,289 $849,254 $0 $0
2018 $14,505 $833,419 $0 $0
2017 $14,379 $816,277 $0 $0
2016 $14,444 $799,488 $0 $0
2015 $14,801 $793,930 $0 $0
2014 $14,839 $787,629 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10336585

BeachesMLS (Greater Fort Lauderdale)

APN: 00-41-44-35-01-000-2480