NOT LISTED FOR SALE

Estimated Value: $219,000 - $242,000

3 Beds
2 Baths
918 Sq Ft
1 Acres

Last Sold December 22, 2022

Last sale price $190,000 $207 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,462/month

Highlights

  • Gated Community
  • Community Pool
  • Balcony
  • Clubhouse
  • Community Basketball Court
  • Porch

About This Home

As of June 2024

This home is located at 1198 Lake Terry Dr Unit A, West Palm Beach, FL 33411 since 03 May 2024 and is currently priced at $226,755. This property was built in 1991. 1198 Lake Terry Dr Unit A is a home located in Palm Beach County with nearby schools including Benoist Farms Elementary School, Jeaga Middle School, and Royal Palm Beach High School.

Last Agent to Rent the Property

Amy Best

Best Realty LLC License #3162264 Listed on: 05/03/2024

Last Renter's Agent

Amy Best

Best Realty LLC License #3162264 Listed on: 05/03/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,047

Year Built

  • Built in 1991

Lot Details

  • 1

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 918 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 6/1/24
  • Assessor Parcel Number 00424329230540010

Community Details

Recreation

  • Community Basketball Court
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Additional Features

  • St Andrews Palm Beach Con Subdivision
  • Clubhouse

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,047

Year Built

Built in 1991

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric, Water
  • Available Date: 2024-06-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1991
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Stacked Bedrooms, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 918.0

Exterior Features

  • Exterior Features: Balcony, Patio
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Pool
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Pool, Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424329230540010
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Dec 22, 2022
Sold by
Bchc 60 Llc
Bought by
Smith Steven and Smith Althia Mightly
Seller's Agent
Nancy Lipman
The Keyes Company
Buyer's Agent
Amy Best
Best Realty LLC
List Price
$190,000
Sold Price
$190,000
Views
15
Current Estimated Value
$226,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,755
Avg. Annual Appreciation
6.41%
Original Mortgage
$142,500
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 31, 2017
Sold by
Kpl Development Inc
Bought by
Bchc 60 Llc

Purchase Details

Listed on
Oct 15, 2016
Closed on
Feb 27, 2017
Sold by
Mendez Jose L and Mendez Jorge Luisa M
Bought by
Kpl Developments Inc
Seller's Agent
Myriam Escobar
Century 21 WC Realty
Buyer's Agent
Philippe Pepos
Private Equity Realty LLC
List Price
$116,000
Sold Price
$95,000
Premium/Discount to List
-$21,000
-18.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%

Purchase Details

Listed on
Oct 21, 2014
Closed on
Dec 30, 2014
Sold by
Dm Enterprise Of The Palm Beaches Llc
Bought by
Mendez Jose L
Seller's Agent
Frank Alvarez
Century 21 WC Realty
Buyer's Agent
Myriam Escobar
Century 21 WC Realty
List Price
$89,000
Sold Price
$79,900
Premium/Discount to List
-$9,100
-10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$36,900
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2014
Sold by
County Of Palm Beach
Bought by
Dm Enterprise Of The Palm Beaches Llc

Purchase Details

Closed on
May 22, 2006
Sold by
St Andrews Palm Beach Ltd
Bought by
Herrera Paola A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Steven $190,000 Home Partners Title Services
Bchc 60 Llc $119,000 Palmetto Park Title Svcs Inc
Kpl Developments Inc $95,000 First International Title In
Mendez Jose L $79,900 Florida Land Title
Dm Enterprise Of The Palm Beaches Llc $50,200 None Available
Herrera Paola A $180,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Steven $139,100
Closed Smith Steven $142,500
Previous Owner Mendez Jose L $36,900
Previous Owner Herrera Paola A $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Rented $2,250 0.0% --
05/03/2024 05/03/24 For Rent $2,250 +7.1% --
05/31/2023 05/31/23 Rented $2,100 0.0% --
04/12/2023 04/12/23 Price Changed $2,100 -4.5% $2 / Sq Ft
12/30/2022 12/30/22 For Rent $2,200 0.0% --
12/22/2022 12/22/22 Sold $190,000 0.0% $207 / Sq Ft
10/11/2022 10/11/22 For Sale $190,000 0.0% $207 / Sq Ft
08/01/2019 08/01/19 Rented $1,350 0.0% --
07/02/2019 07/02/19 Under Contract -- -- --
06/09/2019 06/09/19 For Rent $1,350 0.0% --
03/07/2017 03/07/17 Sold $95,000 -18.1% $106 / Sq Ft
02/05/2017 02/05/17 Pending -- -- --
10/15/2016 10/15/16 For Sale $116,000 +45.2% $129 / Sq Ft
12/30/2014 12/30/14 Sold $79,900 -10.2% $89 / Sq Ft
11/30/2014 11/30/14 Pending -- -- --
10/21/2014 10/21/14 For Sale $89,000 -- $99 / 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 $3,047 $168,000 -- --
2023 $2,813 $153,000 $0 $153,000
2022 $2,266 $106,480 $0 $0
2021 $2,008 $104,000 $0 $104,000
2020 $1,816 $88,000 $0 $88,000
2019 $1,758 $85,000 $0 $85,000
2018 $1,549 $75,000 $0 $75,000
2017 $784 $66,365 $0 $0
2016 $789 $65,000 $0 $0
2015 $840 $69,000 $0 $0
2014 $1,094 $31,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10984090

BeachesMLS

APN: 00-42-43-29-23-054-0010